EFTA Document EFTA01458980

8 December 2015 World Outlook 2016: Managing with less liquidity Figure 16: Private sector credit growth back to pre-credit 'bubble levels -Net borrowing of the non-ftenciel private sector 20 %of GDP. seer 15 10 5 0 -5 .10 1974 1978 1982 1986 1990 1994 1998 2002 2006 2010 2014 Sauce Dead* Sent Itserarth. Now AntociLI. f.Yid It was SEA 'Figure 17: Cumulative inflows into US funds since the 'Euro area debt crisis 80% 7% - US Ecnat$44 - US MM 60% -US Gout tends 60% 40% 30%