Sterling to Slump in No-Deal Brexit

The video discusses a survey conducted among banks regarding the potential impact of a no-deal Brexit on the British pound. It highlights historical pound levels, particularly post-Brexit vote, and examines the rising tail risks associated with political turmoil in the UK. The discussion includes the probability distribution of Brexit outcomes, emphasizing the dissatisfaction with current plans and the potential for a hard Brexit scenario.

What historical context is provided regarding the pound's value after the Brexit vote?

What are the implications of the Checkers plan on the current Brexit negotiations?