Harvard Prof. Niall Ferguson on Decline of America and Rise of a New Global Economic Order 1/3

Harvard Prof. Niall Ferguson on Decline of America and Rise of a New Global Economic Order 1/3

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[phillippatterson1]

I'll stand by my opinion since 2008 that the highest standard of living to be recorded for the USA will be 2007. We'll never get that high again.

[panam77]

I'm encouraged by these straighttalking wise words, thank you for an excellent upload again.

[sammoreton1]

He's changed his tune somewhat since colossus, his focus is more on china overtaking the us than the us declining through fiscal overstretch, both will happen though in the next few years

[cloudbusterman]

Rose is in denial of the Fall of America & its triple deficit: private, federal & foreign trade. Deification (of the US/nation) inherently leads to such denial.

As for Keynes advocating totalitarianism for his ruinous US deficit ideas‼ The only posed opposite, neocon Friedman, is about corporate laissez fairism (of ancient Rome/Aristotle) and this is also totalitarian: corporations displace rule of the people and human rights.

As for solutions: Obama proposes and the Chimerica Congress disposes.

[josi19831]

@hughthejew if you knew the irritating trait the British working class.....plus his wife is black, racist to whom?

[hughthejew]

@josi19831 Even though he has that irritating trait of the British Middle and Upper classes of being slightly racist, protective of wealth and privilege and convinced by his own sense of moral purpose?

[aon10003]

In the second world war , the japanese were unable to admit that they were military defeted.

In 1990s the , the Americans were unable to admit that they werent the richest in the world anymore.

Both situations resulted in sueside missions, wery different in execution but still sueside missions.

[takewhole]

Jews control all the banks and interest rates, Jews dictate policy in america. Jews pushed for 2 very expensive wars. Jews made a killing (goldman sachs) in the recession. Call them Neo-cons or Jews, they have sunk this country after only 50 years of abuse. Did i forget to mention the cost of propping up Israel? wake up america before it is too late. Ooops errr IT IS TOO LATE. Watch your rivals rise and overtake you in the next 20yrs. Watch china assert its authority in its own back yard........

[Francesko263]

I love his british accent.

[ChineseKiwi]

@phillippatterson1 wrong, try 1979 when the USA equality of wealth was the most equal (because the rch were taxed the most).

[88roro11]

to become a saving economy we need higher interest rates... end the fed!!

[PorkIsHalal]

@phillippatterson1

thats the height of the bubble