{"id":32548,"date":"2018-03-20T06:19:42","date_gmt":"2018-03-20T11:19:42","guid":{"rendered":"http:\/\/olduvai.ca\/?p=32548"},"modified":"2018-03-20T06:20:17","modified_gmt":"2018-03-20T11:20:17","slug":"worst-case-scenario-what-is-it","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=32548","title":{"rendered":"Worst Case Scenario: What is It?"},"content":{"rendered":"
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Worst Case Scenario: What is It?<\/a><\/h3>\n<\/div>\n
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This article provides insight as to the way the Fed and all central banks think.<\/p>\n<\/section>\n<\/div>\n<\/header>\n
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A worst-case scenario<\/a> is a concept in risk management wherein the planner, in planning for potential disasters, considers the most severe possible outcome that can reasonably be projected to occur in a given situation.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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The book Worst Case Scenario Extreme Edition<\/a> provides hands-on strategies for surviving an elephant stampede, a 16-car pile-up, a mine collapse, and a nuclear attack. Discover how to take a bullet, control a runaway hot air balloon, break a gorilla’s grip, endure a Turkish prison, free a limb from a beartrap, chased by a pack of wolves, or buried alive.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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Alas, the book does not cover worst case Fed scenarios brought about by Fed policies.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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Insight into Central Bank Thought Processes<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n

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The following video explains the way the Fed thought in 2006 and thinks again today regarding “worst case scenarios”<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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Please play the video. It’s a real hoot.<\/p>\n<\/div>\n<\/div>\n<\/div>\n