Harvard Business Review
JUNE 12, 2012
And yet in the run up to the collapse in 2007, the combined asset footprint of the three main Irish banks was around 400 percent of GDP. By March 2012 unemployment was 24.1 percent and youth unemployment reached 29 percent in early 2012. Before the crisis, both countries had respectable debt profiles.
Harvard Business Review
JANUARY 4, 2013
Meaning that you can never get truly scientific answers out of GDP or unemployment numbers. When a top executive at the world's largest asset manager (Peter Fisher of BlackRock) lists Debt: The First 5,000 Years by anthropologist (and Occupy Wall Streeter) David Graeber as one of his top reads of 2012 , you know something's going on.
Expert insights. Personalized for you.
11 
Let's personalize your content