1. In concentrating on production and consumption flows, national accounts aggregate or net out such data, thus neglecting the importance of financing and balance-sheet leverage and fragilities.

2. Drawing on ethnographic research with families in Greater Manchester, UK, together with literatures on the geographies of crises and Conjunctures, I argue that economic crises, such as austerity, can be revealing of the fragilities within familial and personal relationships and as such constitute a very personal crisis.