What Are the Key Metrics for a Country?

Ireland's debt to income ratio is much lower than many other countries in Europe. The country has been paying down its debts at a phenomenal rate since the end of the celtic tiger, says John Defterios. This means that there won't be a balance between government spending and interest payments - which will mean no bond crisis for Ireland. But if you look at those key metrics from two thousand and eight years ago, house prices aren't going to fall like they did this time last year," he adds.