Posted by sigismund on March 22, 2012, at 22:42:52
In reply to Re: The 'big one' is coming » free, posted by sigismund on March 22, 2012, at 22:29:08
This is interesting..........
>The US stress tests are widely viewed as more rigorous, modelling the shock effects of a 5pc fall in GDP, a 52pc drop in equities, and a further fall of 21pc in house prices. By contrast, the EU tests have already been overtaken by events, with both economic contraction and unemployment in Spain certain to exceed the worst case scenario for 2012.
poster:sigismund
thread:1013397
URL: http://www.dr-bob.org/babble/social/20120312/msgs/1013678.html