Cameron Watt: Deep in the Mechanics of Article 50 Filing

The video discusses the economic implications of Brexit, focusing on the UK's financial services and currency. It highlights the Bank of England's swift actions to stabilize the economy, including lowering interest rates and purchasing securities. The discussion also covers trade and financial flows, noting the J curve effect and the role of foreign investment. Finally, it examines global capital flows, interest rate divergences, and the potential impact of regulatory reforms on productivity.

Discuss the potential consequences of a lower currency on the UK's trade balance.

What role do capital flows play in the context of Brexit and the UK economy?