1. IE Alumni Forum Madrid, Spain September 14, 2012 Key Issues Facing the Global Systems

2. million units, saar Auto Sales: Mature and EM % of labor force Unemployment Rates: Mature and EM How should we think about a world turned upside down?

3. IMF Quotas Who leads in a world turned upside down? Nominal GDP percent of board members percent of global World Exports percent of global

4. G3 Policy Interest Rates % per annum% of GDP G3 Central Bank Balance Sheets Can the world live with zero interest rates in the major economies?

5. General Government Gross Debt % of GDP The fiscal time bomb *IMF Projections

6. %, GDP-weighted averages GIIPS: Debt Sustainability % of youth labor force Youth Unemployment Fundamentally, what is wrong with Europe?

7. IE Alumni Forum Madrid, Spain September 14, 2012 Key Issues Facing the Global Systems