Greetham: Feels Like Euro Won’t Survive Long-Term

The video discusses Germany's role as a lender in Europe, highlighting internal stress due to loans that are often rolled over. It examines political risks such as Brexit and high unemployment in southern Europe, which contribute to anti-establishment sentiments. The impact of these risks on investment and currency values is analyzed, with a focus on the pound and euro. Global economic trends, including growth, inflation, and interest rates, are explored, emphasizing their effects on currencies like the dollar and yen. The UK's economic outlook is discussed, considering strong economic data and Brexit strategy, with predictions for the pound's future.

What is one of the main political risks discussed in relation to Europe?

• Germany leaving the Eurozone

• Marine Le Pen becoming President of France

• Italy adopting a new currency

• Spain increasing its fiscal transfers

What is a significant economic issue in southern Europe?

• Excessive fiscal transfers

• Rapid technological advancement

• High structural unemployment

• Overproduction in agriculture

What is the expected impact of the US raising interest rates?

• Decreased Japanese exports

• Increased European exports

• A stronger dollar

• A weaker dollar

How is Brexit expected to affect the pound according to the discussion?

• The pound will strengthen significantly

• The pound will weaken

• The pound will remain stable

• The pound will become the leading currency in Europe

What is the UK's approach to post-Brexit negotiations as mentioned?

• Building from WTO upwards

• Seeking full European market membership

• Adopting the Euro

• Increasing fiscal transfers to Europe