Even so, game theorists would point out that the anticipated breakdown of cooperation in the future would alter the types of arrangements firms would be willing to enter into in the first place, and that this could, in turn, reduce risky behavior and the likelihood that a crisis would occur.
Today, few would consider winding back the clock. 6/7  BIS central bankers' speeches  What is important for a monetary union to evolve is that its citizens believe in but also contest the union, rather than seeing the world through a local lens.