Danish Bank Predicts Ron Paul Presidency In 2008, UK Depression, Deeper Financial Crisis For US
Submitted by YOUR NEW REALITY
They’re known in banking circles as “black swan sightings”. We’d probably call them worst case scenarios. They are the ‘outrageous predictions’ some banks make as part of their general forecasting of the economic road ahead.
How bad can regional economies get in a 12 month period? How high could oil prices go? Will world credit dry up? And what will be the fallout if such predictions come true?