HSBC's King: Sterling More Vulnerable Than Euro in Brexit

The transcript discusses the ideological and economic implications of Brexit, highlighting concerns over the UK's current account deficit and market reactions. It explores the anxiety surrounding the referendum, the reliability of polls, and the potential impact on Sterling and funding if the UK exits the EU.

What is the main reason no one has called for Britain to join in building a European identity?

• It is not supported by the European Union.

• It is against British cultural values.

• It would be viewed with alarm by France and the British people.

• It is not economically beneficial.

What is causing anxiety among investors as the Brexit referendum approaches?

• The uncertainty of the referendum outcome.

• The potential for a new European identity.

• The stability of the Euro.

• The lack of federalist idealism in Britain.

Which method is considered more reliable than polls for predicting the Brexit referendum outcome?

• Media reports

• Public opinion surveys

• Betting odds

• Economic forecasts

What economic issue does the UK face in the event of a Brexit?

• An increase in unemployment

• A significant current account deficit

• A decrease in foreign investments

• A large trade surplus

Why is the Sterling considered more vulnerable than the Euro in the case of Brexit?

• Due to the UK's large funding problem

• Because of the Euro's strong performance

• Due to the UK's trade surplus

• Because of the UK's low inflation rate