No-Deal Brexit `Not the End of the World' for U.K.: Deutsche Bank

No-Deal Brexit `Not the End of the World' for U.K.: Deutsche Bank

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the recent failure of UK lawmakers to block Boris Johnson's plan to suspend Parliament, with a focus on the potential economic impacts of a no deal Brexit. David Folkerts Landau, Deutsche Bank's chief economist, shares his views on the resilience of the UK economy, predicting short-term volatility but a medium-term recovery. The discussion also covers the expected fluctuations in the pound's value, emphasizing the distinction between short-term volatility and long-term valuation of UK assets.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the latest developments regarding the suspension of Parliament mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the speaker's views on the media's portrayal of the economic situation during Brexit?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker perceive the impact of a no-deal Brexit on the UK economy in the medium term?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's opinion on the potential volatility of the pound as the UK approaches a no-deal Brexit?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest about the long-term valuation of UK assets?

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OFF