The first priority is to keep a downward debt - deflation spiral from taking hold; once
that scenario is less of a risk, reining in government finances can be considered.
Not exact matches
Start - ups
are often a
risk - reward
scenario, and by taking a job at one, employees
are aware that there
's less of a safety net, support system, and back stop.
In practise though, lenders aren't so keen on that
scenario, they would rather have shareholders sharing the
risk, and lending a
less than 100 % proportion
of the total
of a companies finance means they
are much more likely to get their money back if things go horribly wrong.
Credit card debt, on the other hand,
is a type
of unsecured loan that presents a lot
less risk because worst case
scenario is that your rating and score will suffer a bit.
These net liabilities
are calculated with an internal model using many
scenarios to determine the fair value
of amounts estimated to
be paid,
less the fair value
of net future premiums estimated to
be received, adjusted for
risk and profit charges that the Company anticipates a hypothetical market participant would require to assume this business.
As Indur Goklany has shown, even assuming that the climate models on which the Intergovernmental Panel on Climate Change (IPCC) accurately predict (rather than exaggerate by 2 to 3 times) the warming effect
of added CO2 in the atmosphere, people the world over, and especially in developing countries, will
be wealthier in warmer than in cooler
scenarios, making them
less vulnerable than today to all
risks — including those related to climate.
The IEA do assert however, that in a 450
scenario, the
risk of stranded assets
is higher because
of a combination
of falling demand and lower prices, something that will mean oil «companies
are valued
less».
«I continue to believe that warming
of Earth's surface temperatures from rising concentrations
of greenhouse gases carries
risks that society must take seriously,» he wrote, «even if we
are lucky and (as my work seems to suggest) the most catastrophic warming
scenarios are a bit
less likely.»
(As pointed out in a previous article, lawyers
are less at
risk of such a
scenario:
AI would perform certain tasks, but not take jobs, as only 23 %
of the work lawyers do can
be automated at present).