Weinberg: U.K.'s Current-Account Deficit 'Unsustainable'

The video discusses the UK's current account deficit, highlighting its persistence before, during, and after Brexit. It explains how a 10% devaluation affects trade, leading to a widening deficit. The challenges in attracting capital flows due to economic and political turmoil are addressed, along with potential impacts on foreign direct investment and sovereign wealth funds. The discussion emphasizes the broader economic threats facing the UK.

In what ways might foreign direct investment (FDI) flows be affected by the current economic situation in the UK?

What impact does the global commodity price crash have on Britain's economy and capital flows?