Big Short's Eisman Is Shorting Two U.K. Banks on Brexit

Big Short's Eisman Is Shorting Two U.K. Banks on Brexit

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Business, Social Studies

University

Hard

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Steve Eisman, known for his bets against mortgages before the 2008 crisis, is now shorting UK banks due to Brexit uncertainties. He predicts a no-deal Brexit could harm the UK economy and has identified 50 UK companies to potentially short if Jeremy Corbyn becomes Prime Minister. Eisman believes a deal with the EU might be struck down by Parliament, leading to a hard Brexit scenario. He is cautious about investing in the UK under these political conditions.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How many UK companies is Steve Eisman considering betting against?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns does Steve Eisman have regarding Brexit?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Steve Eisman's view on the potential outcome of Brexit negotiations?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was Steve Eisman's stance on Jeremy Corbyn becoming Prime Minister?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact does Steve Eisman believe a no-deal Brexit would have on the UK economy?

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