What Does A Post-”Brexit” Economy Look Like?

People walk past a money exchange shop decorated with different currencies in Hong Kong, Monday, June 27, 2016. Japanese and Chinese stocks rose Monday but other Asian markets declined, crude prices fell further and U.S. shares appeared headed for a lower opening as jittery traders watched for more fallout from Britain’s vote to exit the European Union.
Vincent Yu / AP Photo
People walk past a money exchange shop decorated with different currencies in Hong Kong, Monday, June 27, 2016. Japanese and Chinese stocks rose Monday but other Asian markets declined, crude prices fell further and U.S. shares appeared headed for a lower opening as jittery traders watched for more fallout from Britain’s vote to exit the European Union.
Vincent Yu / AP Photo

What Does A Post-”Brexit” Economy Look Like?

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The day after the UK voted to leave the EU, the markets panicked and the British pound dropped to a 30 -year low. Before the vote, many economists warned that a “Brexit” would be bad for the British economy and for the rest of the EU. 

We talk about what the uncertainty means for the global economy with Phil Levy, a senior fellow on the global economy at the Chicago Council on Global Affairs.