Niall Ferguson Don t Trust Democrats to Fix Economy


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    Views: (532)   Date: (06-11-09)   Time: (00:02:04)
  • Description: that Barack Obama's plans to increase income taxes for wealthy Americans could lead to an economic climate similar to the "stagflation" period of the 1970's. ----- Professor and historian Niall Ferguson asks what the ramifications of the subprime crisis will be in the realm of grand strategy and politics. Is this an historical turning point, marking a decisive shift in financial power from West to East? Or are rumours of the death of the dollar and the decline of American empire ...

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