Brexit Needs an Extension, But No One Knows How, Economist Ryding Says

The video discusses the Bank of England's path in relation to Brexit, focusing on the potential outcomes of a no deal Brexit. It highlights the economic implications, including GDP projections and the uncertainty surrounding the situation. The video also explores political perspectives, noting that while some within the Conservative Party support a no deal Brexit, most parties and international leaders prefer an extension to avoid economic disruption.

What is the default outcome if the Brexit vote fails?

• A general election

• An extension of Article 50

• A no-deal Brexit

• A new referendum

How has the UK economy performed since the Brexit vote?

• It has gone into recession

• It has remained stable

• It has been stronger than expected

• It has collapsed

What is the projected GDP decline in the event of a no-deal Brexit?

• 15%

• 20%

• 11%

• 5%

Which political party is mentioned as having members who support a no-deal Brexit?

• Green Party

• Labour Party

• Conservative Party

• Liberal Democrats

What is the general consensus among international leaders regarding a no-deal Brexit?

• It is generally opposed

• It is considered beneficial

• It is seen as a minor issue

• It is widely supported