Tag Archive for Worst Case Scenario

Worst Case Scenario Response – Here’s the best case. But how likely?

Earlier today I asked, “So let’s take a contrarian view. What’s the best case scenario. Thoughtful responses get posted on WSE. Since everybody expects the worst, how might “everybody” be surprised? When all the experts say the same thing, remind me, how often are they right?” The learned Jimi gave the following response: Best case…

Worst Case -Shock waves will destroy the world if Greece drops euro. What’s the best case?

Bankers, governments and investors are starting to prepare for Greece to stop using the euro as its currency, a move that could spread turmoil throughout the global financial system. The worst-case scenario envisions governments defaulting on their debts, a run on European banks and a worldwide credit crunch reminiscent of the financial crisis in the…

Exclusive: Euro zone discussed capital controls if Greek exits euro: sources | Reuters

European finance officials have discussed limiting the size of withdrawals from ATM machines, imposing border checks and introducing euro zone capital controls as a worst-case scenario should Athens decide to leave the euro. EU officials have told Reuters the ideas are part of a range of contingency plans. They emphasized that the discussions were merely…