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He believes that if there were an economic crisis, "either investors might want to get their money out, or the lenders to funds might insist on getting their loans repaid".
In the words of historian David Mayer, Jennison was facing a crisis: "either keep Belle Vue Gardens an exclusive, class-specific, genteel preserve for the gentry and the middle class – who would arrive and depart in their own carriages through the Hyde Road gate – or open the gardens to a popular crowd who would arrive by train at the Stockport Road (Longsight) gate".
That won't shock experienced watchers of the crisis either.
It's not the first US water crisis either.
There are no scripts on how to handle the crisis, either.
The UK shares none of the key catalysts which have exposed Cyprus to the banking crisis either.
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Right now we're looking at not one but two looming crises, either of which could produce a global disaster.
Most corporations manage most crises either very well or very poorly.
In all of these cases, markets sold off sharply and then rebounded, after the crisis was either resolved or it became clear that its consequences had been overstated.
It helped this week that Clegg's deputy and Treasury spokesman, Vince Cable, has been providing bolder, better commentary on the financial crisis than either the Tories or paralysed Labour.
In short, we have reached what some activists have started calling "Decade Zero" of the climate crisis: we either change now or we lose our chance.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com