Lord Desai Blames `Smug' Johnson and Rees-Mogg for U.K. Political Crisis

The video features Lord Desai discussing the political and economic challenges facing the UK, particularly in the context of Brexit. He highlights the political disarray, the role of elites, and the challenges within the Labour Party. The discussion also touches on economic dis equilibrium and the potential global impact, emphasizing the need for effective solutions and leadership.

In what ways does Lord Desai believe the concept of 'dis equilibrium' affects modern economics?

What potential economic breakdown does Lord Desai foresee if the UK faces difficulties?

How does Lord Desai evaluate the ability of central bankers to handle new economic challenges?