Steve Eisman Ups U.K. Short Bets to Three Banks on Brexit

The transcript discusses the uncertainty in the market due to Brexit, highlighting the fluid situation and the challenges in taking a firm position. It compares the financial health of banks in the US, UK, and Europe, noting differences in their balance sheets. Theresa May's efforts in Brexit negotiations, including seeking legally binding changes in the backstop, are covered. The possibility of a no deal Brexit is explored, emphasizing the need for the UK and Europe to find a way to coexist and trade.

What concerns does the speaker express about the possibility of a no-deal Brexit?

In what ways does the speaker suggest that the UK and Europe need each other?