How Brexit Risk Is Revealed in the Markets

The video discusses the immediate risks associated with Brexit, focusing on the squeeze in dollar funding and its impact on bank borrowing costs. It highlights the role of central banks in mitigating these risks through swap lines and liquidity facilities. The discussion also touches on market stability, comparing current conditions to the 2008 financial crisis, and emphasizes the importance of lessons learned from past events.

What lessons have been learned from the 2008 financial crisis that are applicable to the current situation?

In what ways have liquidity facilities been utilized in response to the current financial climate?