Electronic currency disappear
Wild Card's progress: basic
This Wild Card came from:
European Commission Framework Programme for RTD
The theme/scheme related to this Wild Card:
Theme 8 - Socio-economic Sciences and the Humanities
The sub-theme that best relates to this Wild Card:
Socio-economic development trajectories
Likelihood timeframe and scenario features :
now-2050
Wild Card's description
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.
