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The Sum Of All Fears: What Happens If All The Tail Risks Are Realized?

"... a realized turn for the worse."

"... a realized turn for the worse."
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5 comments on “The Sum Of All Fears: What Happens If All The Tail Risks Are Realized?

  1. Harvey Darrow Cotton

    Putting aside the irony of Deutsche Bank postulating what a world will look like years from now when Deutsche Bank probably won’t exist, Fed Chairman Clarida and Treasury Secretary Jim Cramer would drop rates and reverse QT in order to combat the scourge of ‘asset deflation’ with printed money, a Labor-led coalition government under Jeremy Corbyn will negotiate a Norway-style relationship with the European Union, President Kamela Harris will use the authority given by Congress to reverse all of the Trump-era tariffs, and the Chinese government will use a combination of repression, a burning of reserves and surpluses, and a Greece-level jiggering of official numbers to paper over the largest credit bust in human history with free apartments given as a human right.

  2. Putting a 5-10% probability on any of those seems overly sanguine

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