A spike in Japanese inflation, a U.K. housing crash, a Chinese currency devaluation and Mario Draghi quitting his job at the European Central Bank (ECB) are just some of the extreme predictions Saxo Bank has offered for the coming year.
Headquartered in Copenhagen, the investment bank has been publishing its gloomy annual prophecies for over a decade. While Saxo Bank isn't completely serious with its far-out calls, conceding they are "relatively controversial," the firm does believe that imagining the worst could help investors navigate any real-life turmoil.
—By Matt Clinch
First published 10 Dec 2014