Things got heavy at a hedge fund conference in Monaco when teams “war-gamed” the Greek debt crisis Tuesday.
The 90-minute role-playing exercise forced hedge fund managers and investors into teams representing the E.U., Greece, Germany, U.S., IMF, and ECB at a conference sponsored by the International Centre for Business Information, reports Bloomberg. Political risk consultant John Hulsman led the 400 attendees at the conference through a simulation of the actual decision making happening this week.
Good news for Greece? The war games predict there won’t be a Grexit.
Photo: iStockPhoto.com.