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Mapping Wild Cards

Inspired by: FP7 » Electronic currency disappear

version: 1 / created: 2009-12-17
id: #612 / version id: #612
mode: VIEW

Originally submitted by: Tuomo Kuosa
List of all contributors by versions (mouse over)
Last changed by: Tuomo Kuosa
WI-WE status:
submitted unpublished

Source of inspiration

European Commission Framework Programme for RTD (FP7)

Theme/activity of inspiration

Theme 8 - Socio-economic Sciences and the Humanities

Sub-theme/area of inspiration

Socio-economic development trajectories

Headline

(max. 9 words)

Electronic currency disappear

Description

(approx. 150 words)
Please describe the Wild Card (approx. 150 words)
Credit crunch causes a domino effect which leads to deep mistrust in global markets and end of money lending. People start to withdraw their savings, but it appears to be impossible due to short of real money in banks. Finally, electronic currency disappears.

Keywords

money, credit crunch, global markets, mistrust, domino effect

Mini-description

(max. 250 characters)

Credit crunch causes a domino effect which leads to deep mistrust in global markets and end of money lending. People start to withdraw their savings, but it appears to be impossible due to short of real money in banks.

Likelihood

Closest timeframe for at least 50% likelihood
Please use one of the following options:
now-2050

Features of life if the wild card manifests

Feature 1: business models and industrial environment
Electronic currency would disappear