Chicken-Little wasn't very smart... i'm also the wrong person to put forth any dire warnings of doom-and-gloom.
Niall Ferguson, however, is a historian, a professor of both history and business at Harvard, a Senior Fellow at Oxford and at Stanford, and well published about a variety of historic, economic, and financial subjects... suffice it to say, he's a heck-of-a-lot smarter than the rest of us.
so, if Niall says the sky may actually be falling; perhaps the rest of us should at least glance heavenward.
The 2010 John Bonython Lecture - Niall Ferguson from Centre for Independent Studies on Vimeo.
Wednesday, 28 July 2010
Running time: 44 mins
The Centre for Independent Studies video source
empires don't slide slowly away... they fall; suddenly and often without warning.