Investors Claim about Crisis Breaks
Our models show that even a heavily indebted economy in theory for years, if not decades, to keep afloat before the crash and the collapse comes. In the end, all boils down to confidence and the coordination of expectations, again depending on the vagaries of human nature. We can therefore say which countries are most vulnerable, but we can not determine exactly where and when the crisis breaks out next.
It’s the same with the prediction of a heart attack. An obese person with high blood pressure and high cholesterol levels have a statistically higher chance of suffering a severe heart attack or stroke than people that do not have these risk factors. But often it can take decades without the exposed person has a problem. At the same time there are people that take an apparently “low risk”, but nevertheless are vulnerable to heart attacks.