We’ve been sitting back, examining the situation of sovereign debt in Europe and watching its impact on global markets.
Today, Greek debt is reduced to junk bond status, and a two-year bond’s yield has reached 26%. It was 18% yesterday.
As much as European officials say that this won’t have any systemic impact, that is often what people say when they don’t want it to have impact.
Think of multiple scenarios for this outcome. Use game theory, scenario planning, or old-fashioned guessing – but think it through.
This is the official trend blog of Competitive Futures, a management consultancy that provides trend research and analysis for business and government around the world. Here, we update you on interesting trends we see as part of our work for our clients.
For managing partner Eric Garland's new author and speaker blog, please consult and bookmark http://www.ericgarland.co