I didn’t need to see 2022 to know that the scenario would not be an accurate description of reality.
On priors that was just very unlikely.
Having scenarios that are unlikely based on priors means that you can update more if they turn out to go that way than scenarios that you deemed to be likely to happen anyway.
I didn’t need to see 2022 to know that the scenario would not be an accurate description of reality.
On priors that was just very unlikely.
Having scenarios that are unlikely based on priors means that you can update more if they turn out to go that way than scenarios that you deemed to be likely to happen anyway.