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If there is one common theme to the vast range of crises...it is that excessive debt accumulation, whether it be by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom.

Carmen Reinhart

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Carmen Reinhart

Carmen Reinhart
Creative Commons

Born: October 7, 1955 (age 71)
Bio: Carmen M. Reinhart is the Minos A. Zombanakis Professor of the International Financial System at Harvard Kennedy School. Previously, she was the Dennis Weatherstone Senior Fellow at the Peterson Institute for International Economics.
Known for:
  1. A Decade Of Debt (2011)
  2. Leading Indicators of Currency Crises (1997)

WikipediaCarmen Reinhart on Wikipedia

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