Harrison: Sterling Driven by People's Expectations

The video discusses the stability of the British Sterling, focusing on economic indicators like the current account and trade balance. It highlights the impact of Brexit on Sterling's growth prospects and introduces the 'JAM' (Just About Managing) concept, reflecting the economic challenges faced by the middle class. The discussion also covers potential budgetary measures to address these challenges. Finally, it examines the UK's ongoing austerity measures and fiscal policy, emphasizing the need to manage the budget deficit while maintaining economic stability.

How has the current account deficit and capital accounts situation evolved in the UK?

What factors are currently influencing the stability of Sterling?

What does the acronym 'JAM' stand for, and what does it signify about the economic situation?

In what ways have politicians responded to the economic pressures faced by middle-income individuals post-Brexit?

What are the implications of austerity measures on the UK's budget deficit?