The risk scenario is more balanced and the risk of being drawn deeper into a downward spiral has reduced.
This is an apocalyptic scenario which the international community must start to understand.
The adverse macroeconomic scenario that is applied simulates conditions much more severe than those of the 2010 scenario.
A scenario such as this naturally has no place for neutral countries.
As you noted, however, this scenario does not extend to cases in which repayment of sovereign debt is defaulted on.
Knowledge without conscience is a horrific scenario!
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