CLEAN : IMF Brexit predictions are optimisitic: expert

The transcript discusses the IMF's changing outlook on the British economy before and after a vote, predicting a significant recession. It highlights the financial markets' positive reaction, which influenced forecasts, and the challenges in formulating a policy response due to high UK debt levels. The transcript also criticizes the deceitful campaign, particularly by Boris Johnson, and the denial of economic issues related to leaving, leading to concerns about exit costs.

How did the IMF's outlook change after the vote?

• They remained unchanged.

• They withdrew their forecast.

• They became more pessimistic.

• They became more optimistic.

What was the impact of the vote on the British currency?

• It lost all value.

• It remained stable.

• It appreciated by 10 to 15%.

• It depreciated significantly.

What concern is raised about the UK's ability to respond to the economic situation?

• There is ample room for policy responses.

• There is limited room for policy responses.

• The financial markets are in chaos.

• The debt levels are lower than ever.

What was a major criticism of the political campaign mentioned in the transcript?

• It was too transparent.

• It was very deceitful.

• It focused too much on economic issues.

• It ignored the vote entirely.

What did the campaign claim about the exit costs for the UK?

• The exit costs were not discussed.

• There would be no exit costs.

• The exit costs would be minimal.

• The exit costs would be huge.