Brexit Aftermath: Shock or Crisis Scenario?

The transcript discusses whether current events represent a shock or a crisis, drawing parallels to the 2008 Lehman Brothers collapse. It explores the concept of a 'Lehman moment' as a liquidity crisis and examines the role of central bank policies. The discussion shifts to the political economy, highlighting the rise of populism as a response to sluggish growth and economic imbalances. The potential impact of these factors on future events, such as the US elections, is also considered.

What is the speaker's perspective on the current market situation compared to a crisis?

In what way does the speaker suggest that economic growth affects social imbalances?