Kit Juckes: UK Facing Crisis in Confidence

Kit Juckes: UK Facing Crisis in Confidence

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the impact of fiscal policies by President Reagan and Paul Volcker, leading to significant economic changes. It highlights a crisis of confidence in the economy, with rising bond yields and currency fluctuations, particularly affecting the pound. The discussion also covers the disorderly nature of current markets, marked by high volatility and equity market downturns.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker mean by the term 'disorderly' in the context of the current market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the speaker suggest that the current market situation could change?

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