"How to Predict the Next Financial Crisis"

Page 11

2009

2006

2003

2000

1997

1994

1916

1991

1988

1985

1982

1979

1976

1973

1970

1967

1964

1961

1958

1955

1952

1949

1946

1943

1940

1937

1934

1931

1928

1925

1922

1919

1916

KEY GRAPH: Private Debt and Public Debt to GDP 1916-2011

250 (in percent)

2011

200

150 Private/GDP

100 Public Debt/GDP

50

0


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