U.K. Likely to See Negative Rates Implemented in 2021: RBC’s Schaffrik

The video discusses the potential implementation of negative interest rates in the UK, contrasting it with the US financial system. It highlights the differences in financial structures, with the UK being more bank-based compared to the US's reliance on money market funds. The discussion also covers the impact of Brexit on the UK economy, suggesting that even with a deal, economic challenges will persist. The video concludes with predictions of economic stimulus measures, including quantitative easing and negative rates, to support the UK economy.

How does the structure of the money markets in the US differ from that in the UK according to the speaker?

What is the speaker's perspective on the likelihood of negative interest rates being implemented in the UK?

What are the potential implications of negative interest rates in the UK as discussed in the text?

What factors are contributing to the economic struggles in the UK as mentioned in the discussion?

In what ways might Brexit impact the UK's economic situation as per the speaker's analysis?