Prof Niall Ferguson: Paul Krugman is a joke, Keynesianism is dead, China is more capitalist than we are, get the debt under control or Western Civilization is done for…
Have you ever heard one of those sports guys on the radio who can tell you the stats of every football and baseball game since 1940 right off the top of their head? Prof. Niall Ferguson is like that, but with history and the history of economics. Prof Niall Ferguson is accepted by many academics as the most brilliant historian alive and judging by all I have seen in recent years I have only seen one man in my lifetime who is in the same ballpark as far as ability in this area is concerned. Take a look at his bio HERE.
Ferguson said in another interview that only one time in history has a major power emerged from this kind of debt and survived and that was England after the wars of the 1800's. It doesn't look good unless we change course now.
The volume is low on some of the videos so you may have to adjust your speaker volume.
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