HSBC's Kevin Logan: Pound Is Barometer for Brexit

The video discusses HSBC's prediction of Sterling's value amid Brexit, suggesting a hard Brexit will lead to a significant devaluation. It explores the economic impact on UK-EU dynamics, focusing on trade and immigration. The discussion highlights the future of Sterling and its implications for trade, emphasizing the potential wealth reduction due to devaluation and decreased imports, despite possible export increases.

What factors contribute to the volatility of the sterling according to the text?

In what way does the speaker believe that the dynamics of sterling reflect the nature of Brexit?

How does the speaker view the potential outcomes of Brexit on trade between the UK and Europe?

What is the relationship between the devaluation of sterling and the wealth of the nation as discussed in the text?

What does the speaker suggest about the future of imports and consumption in Britain post-Brexit?