The people of Iceland go on with their lives, and never notice that anything has happened whatsoever. The inhabitants of the newly established Eskimo country in North-East Canada sue the Canadian Government for misrepresentation, stating that 'now we want all of it please'. The Canadian Government, a former waitress named Claire, complies. The lawyers are rubbing their hands together, and will collect the biggest fees in history from everyone suing everyone else. The only problem is that the only currency left is the Mayan millstone, each of which weighs a tonne, and it takes 10 of them to match the spending power of one old-world dollar.
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The most likely outcome in all scenarios, whatever the type, tends to avoid extremes, a bit like the normal distribution curve in statistics, the famous Bell Curve. In other words, while there will be several fantastic failures, most of us will muddle through. The most comprehensive survey of executive salaries in the region. The latest ranking of the Gulf's best business cities, based on their economic weight and their importance as centres of international business.