Money talks: Brexit bedlam
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 28 June 2016
⏱️ 18 minutes
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| 0:00.0 | This is a passenger announcement. You can now book your train on Uber and get 10% back in credits to spend on Uber eats. |
| 0:11.0 | So you can order your own fries instead of eating everyone else's. |
| 0:15.0 | Trains, now on Uber. T's and C's apply. Check the Uber app. |
| 0:20.0 | Hello, I'm Edward McBride, finance editor of The Economist. |
| 0:27.0 | This week on Money Talks, it was the vote that sent shockwaves around the world. |
| 0:31.0 | The UK has voted to leave the European Union. |
| 0:36.1 | I will do everything I can as Prime Minister to steady the ship over the coming weeks and months. But I do not think it would be right for me to try to be the captain |
| 0:46.0 | that steers our country to its next destination. |
| 0:50.0 | This does not mean that the United Kingdom will be in any way less united |
| 0:58.7 | nor indeed does it mean that it will be any less European? |
| 1:04.0 | And we are determined that unlike eight years ago, |
| 1:08.0 | Britain's financial system will help our country deal with any shocks |
| 1:12.0 | and dampen them, not contribute to those shocks or make |
| 1:16.7 | them worse. |
| 1:18.1 | The announcement that Britain had voted to leave the European Union was followed shortly after |
| 1:21.9 | by David Cameron's resignation as |
| 1:23.5 | Prime Minister and by turmoil in the opposition Labour Party. |
| 1:26.7 | Meanwhile the news shook global financial markets so hard that some saw parallels |
| 1:31.4 | with the financial crisis of 2008. |
| 1:34.0 | While the Brexit votes not quite a Lehman moment, |
| 1:36.0 | it will fundamentally change Britain's future and Europe's |
| 1:39.0 | and has intensified gloom about the world economy. |
... |
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