King: Sterling at Effective Rate of Three Years Ago

The video discusses the political and economic landscape in the UK following the Brexit referendum. It highlights the political changes with the resignation of David Cameron and the turmoil in the Labor Party. The need for a clear trade strategy post-EU departure is emphasized, along with the economic challenges such as the current account deficit and the role of sterling. The video also touches on the banking system's liquidity and the cautious measures taken by financial institutions post-Brexit.

What are the potential consequences of the UK government's strategy towards negotiating its trade position post-Brexit?

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In what ways can the UK reform its subsidy system for agriculture outside the EU?

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What role does the current account deficit play in the UK's economic situation?

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How did the depreciation of sterling after the financial crisis impact the UK's economy?

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What signs indicate stress in the banking system following the Brexit vote?

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