The Economist became the latest media player to kick the hive of Donald Trump supporters when the British periodical’s “Intelligence Unit” included the presidential hopeful in its list of top global risks. He was right there with the threat of jihadi terrorism.

“In the event of a Trump victory, his hostile attitude to free trade, and alienation of Mexico and China in particular, could escalate rapidly into a trade war — and at the least scupper the Trans-Pacific Partnership between the U.S. and 11 other American and Asian states signed in February 2016,” The Economist explained in its list, published Wednesday. Read: Trump as president? It’s a top 10 risk.

This sounds a lot like the reasoning Ian Winer of Wedbush Securities gave for his call earlier this week that the S&P US:SPX would get slashed in half if Trump became president.

“All [Trump’s tariff proposals] would do would be to raise prices on the poor who shop at Walmart US:WMT for everything they frequently use; so all it really does is impose a tax on U.S. consumers,” he said. “Not to mention the U.S. companies that import materials like steel from China.”

While Trump is, indeed, the sexy angle to this piece, there are — at least as The Economist sees it — greater threats to the planet. Here are the five that top Trump:

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5. A Greek exit from the euro (remember “Grexit”?) is followed by a eurozone breakup

The why: “Countries leaving the eurozone under duress would suffer large devaluations and be unable to service euro-denominated debts. In turn, banks would suffer huge losses in their sovereign bond portfolios, resulting in major disruption to the global financial system and plunging the world economy into recession.”

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4. Beset by external and internal pressures, the EU begins to fracture

The why: “In the event that the EU began to fracture and land borders reimposed, trade flows and economic cooperation would be hindered, harming growth in the world’s largest single trading block — and notably in trade-reliant Germany, which shares land borders with 10 fellow Schengen members — and leaving the fragile eurozone states more vulnerable in the event of another economic downturn.”

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3. Currency volatility culminates in an emerging markets corporate debt crisis

The why: “Any rolling emerging-market debt crisis would cause considerable panic across the global capital markets, and may require governments in several economies to step in to shield their banks from the fallout — risking a repeat of the banking crises witnessed in Europe at the start of this decade.”

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2. Russia’s interventions in Ukraine and Syria precede a new Cold War

The why: “This bifurcation of global geopolitics could, if unchecked, seriously hinder a whole raft of shared policy goals — ranging from countering jihadi terrorism to combating global warming — as well as always holding the potential for escalation. With this in mind, Western countries will begin to reverse their defense cuts of recent years, complicating efforts to rein in high fiscal deficits, and the continued uptick in tensions could also see a return of the political risk premium in oil prices US:CLJ6. ”

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1. China experiences a hard landing

The why: “If China’s economy slows by more than we currently expect, it will further feed the ongoing global commodity price slump (especially in oil and, in particular, metals), with a hugely detrimental impact on those Latin American, Middle Eastern and sub-Saharan African states that had benefited from the earlier Chinese-driven boom in commodity prices. In addition, given the growing dependence of Western manufacturers and retailers on demand in China and other emerging markets, a prolonged deceleration in growth there would have a severe knock-on effect across the EU and the U.S. — far more than would have been the case in earlier decades.”