But there are downside and upside risks to this scenario.

Most of the downside risk to this scenario lies in the systemically important economies of Europe, the US, and China.

That scenario implies slower growth possibly 1 1.5 percentage points slower in developing countries, including China, again with a preponderance of downside risk.

While the IMF s primary scenario is that Irish and Portuguese debt levels will soon stop rising, it comes with a chilling litany of downside risks.

The Uptick s Downside

There is little downside risk.

It's like tapered to the downside.

These investors do not view the 7 annual return on stocks as an average expectation, with downside risks counterbalanced by upside opportunities. Rather, they see a good scenario outcome that only the foolhardy would trust.

Such politically expedient language has a strategic downside.

Now let's do another scenario. Once again a very similar scenario.

A remote scenario?

SEXUAL OBSESSION SCENARIO

Let's call this scenario one, which is kind of the best scenario.

The economic crisis has exacerbated the perceived downside of globalization.

The United States represents another downside risk for global growth.

So, that's the upside. The circular mill is the downside.

THE REAL DEAL SCENARIO

ANOTHER SCENARIO WORTH CONSIDERING

World Energy Outlook Scenario

That's my favorite scenario.

SEOUL Emerging economies are facing significant uncertainty and serious downside risks.

Neither scenario is very likely.

CAMBRIDGE Consider the following scenario.

This is the rosy scenario.

There is no alternative scenario.

Operations by cluster base scenario

Let's go to scenario 2.

That's an absolutely possible scenario.

Worst case scenario zombie apocalypse.

So this scenario makes predictions.

That's the most possible scenario.

Requiring managers to apprise investors of downside exposure would help even more.

There may sometimes be a downside in trying to woo your opponents.

And this is just the baseline scenario. Downside risks include fiscal destabilization resulting from a failure to rein in deficits, inflation and withdrawal of central bank autonomy, and loss of confidence in the dollar, which continues to be the reserve currency for the global economy.

But this scenario failed to materialize.

Such a scenario is not impossible.

This is no mere rosy scenario.

Another negative scenario is military rule.

One popular scenario is chronic inflation.

Let s call the first scenario Scramble .

Operations by geographical areas base scenario

quot without measures quot scenario projection

So that is the first scenario.

Now let's think about another scenario.

The last scenario, that's the ground.