The second lesson from southern Europe is that muddling through is unlikely to work.

And, fortunately, this year s drought appears unlikely to cause a food crisis.

Barbaric Marietje Schaake ( MarietjeSchaake) January 9, 2015

This wrangling is likely to take weeks, but is unlikely to come to blows or to reach a complete impasse.

But the record of democratic transitions since 1974 suggests that regime change in China is unlikely to be calamitous.

Given the high levels of excess capacity and unemployment in Europe and America, quantitative easing is unlikely to trigger a bout of inflation.

But cutting aid is likely to increase turmoil rather than leading to an acceptable long term compromise between Israel and Palestine.

Indeed, it is likely to prolong wicked regimes.

Such selective and ad hoc liberalization is unlikely to enhance efficiency and needs careful evaluation before being undertaken.

Reliance on street mobilization and army intervention to bring down an elected leader who has support on the ground is unlikely to lead to a positive outcome.

This is likely to increase the spatial extent of desertified land.

Put another way, when returns seem abnormally high for an extended period, they probably are, and something even if we don t know in advance what is likely to bring them down.

That is not likely to happen.

Low cost credit is unlikely to have a significant impact on consumption in the short run, but it can produce asset inflation and misallocations.

A deep crisis in any member country is likely to become contagious.

Either way, a rise in long term interest rates is liable to choke off the recovery.

That seems unlikely.

These interests are unlikely to change for a long time.

This is very likely exacerbating the unemployment problem it certainly is not mitigating it.

Indeed, the bond market channel is unlikely to boost growth.

So the Sino Indian frontier is unlikely to remain quiet.

But it is unlikely that much good will come from bombing them.

India, presumably, will not be one of them.

Of course, markets are unlikely to do any such thing.

The price levels are unlikely to go down.

More likely, all this foreign meddling will merely cause the Chinese government to dig in its heels.

But, again, a broader investor pool is likely to reduce the average number of investments per investor, with inadequate diversification leading to many more losers than winners.

But this is unlikely to happen any time soon.

Any unilateral move to give Kosovo its independence is likely to unfreeze them fast and bloodily.

Business and consumer confidence are also likely to take a hit, further undermining demand.

But Rowhani s presidency can hardly be expected to change Iran s strategic objectives.

Long term trends are not likely to receive much coverage.

The consequence is unlikely to be transparency.

Private investors are acknowledging the reality that repayments will likely be drawn out, because insisting on existing terms could cause an untenable bunching of debt service payments, with possibly unpleasant consequences.

This is false and it could backfire.

These broad perspectives are unlikely to be discussed in Cannes.

The market s verdict is likely to be uncompromising.

But the European Union is not a country, and it is unlikely to survive.

The German Constitutional Court is, in fact, unlikely to prohibit the OMT program.

But that is extremely unlikely.

No new agreements or other diplomatic breakthroughs are likely to be announced during Park s visit.

Unfortunately, this often results in inadvertent harm.

It is very uncommon for the disease to cause death.

Unfortunately, until it does, Europe is unlikely to recover fully from its current slump.

Moreover, the authorities should recognize that RMB appreciation is unlikely to reduce US China trade tensions. Consider the experience of Japan bashing in the 1980 s, when the Yen Dollar end year exchange rate plunged from 248 in 1984 to 162 in 1986, and then to 123 in 1988.