In 2006,[1] LEAP examined the possibility of a great depression similar to the breakdown of the stock markets in 1929, which is labelled "Global Systemic Crisis".
[5][6] They are not always right: anticipations included a Euro/USD exchange rate of 1.75 by the end of the year 2008 and the inevitable default of the United States government on its treasury obligations by the summer of 2009.
LEAP/Europe2020's approach therefore consisted of building the structural and methodological means needed to propose a substantial political project to the European Union.
In September 2008, when the financial and economic crisis broke, confirming LEAP/Europe2020 forecasts since February 2006, the research centre again proved the accurateness of its analyses and methods of anticipation.
Promoting democratisation of European political life - suggesting key issues to policy makers and educating citizens, and 2. taking part in the organisation of relations between the EU and the rest of the world.