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One reason to think it might is that its costs have come down to economic levels (see chart).
Perhaps: but the expectation that it might is based on a reading of its motives that may or may not be correct.
Spain, if it descends, which it might, is larger and would force a more expensive and problematic rescue by the Continent.
One reason it might is Bulgaria's determination not to be left out next time NATO and the European Union decide to take in new members.
One reason it might is Trump's apparent interest in reducing traditional American commitments abroad, particularly to the United States' NATO allies.
Finally, the biggest reason that moral hazard matters less than it might is that it can operate only if people actively countenance the possibility that their decisions could lead to complete disaster.
Similar(47)
It might be its weakness.
It might be urine.
It might be sticky.
"It might be diseased".
It might be seasonal.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com