Friday, February 26, 2010

Doom and Gloom: Prelude to a new world order

When the news media is gung ho about the recovery, green shoots, stimulus package and other bullshit, a storm is brewing. There are various things that could go wrong at this point of time like
  1. Greece debt crisis (70% probability)
  2. Spain, Portugal, Ireland debt crisis (40% probability)
  3. Collapse of the Euro (15% probability)
  4. Collapse of the UK Pound (25% probability)
  5. Widespread economic upheaval in Europe. (10% probability)
  6. Debt crises in the American States (40% probability)
  7. Bursting of the chinese bubble (10% probability)
  8. Iran testing nuclear weapons (30% probability)
  9. "Good taliban" coming to power in Afghanistan (40% probability)
  10. Collapse of the dollar and the US Economy (5% probability)
Can the world be saved??

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