Little Reaction to Theresa May Brexit Speech in Davos

The video discusses the World Economic Forum in Davos, highlighting China's unexpected role in promoting globalization. It examines Brexit's economic impact, noting the UK's growth despite initial concerns. Market reactions, including currency fluctuations and inflation, are analyzed. The video speculates on Brexit's future, questioning if Britons will accept economic trade-offs for border control. It concludes with the expectation that Brexit discussions will continue at future forums.

Who unexpectedly positioned themselves as a champion of globalization at the World Economic Forum?

• China's President Xi

• Theresa May

• Donald Trump

• Bill Gates

What was the market's reaction to Theresa May's 12-point plan?

• The stock market crashed

• The pound rose against the dollar

• The euro strengthened

• The pound fell against the dollar

What was one of the side effects of Brexit mentioned in the video?

• Reduction in taxes

• Rise in employment rates

• Increase in app costs

• Decrease in housing prices

What is a major concern for economists regarding Brexit's impact on the UK?

• Decrease in tourism

• Increase in household income

• Rise in inflation

• Growth in exports

What tradeoff are Britons potentially facing due to Brexit?

• Less money for more control over borders

• Higher taxes for better healthcare

• More money for less control over borders

• Lower taxes for reduced public services