"Sometime over the next decade the US will reach the crossover point at which it will be spending more on debt service, than it is able to spend on defense..."
02. Niall Ferguson Opening Remarks
03. Historical Cycles of Empire Decline
04. Complexity Theory
05. Implications for the United States
06. Interest Payments as a Share of US Revenue
07. Failure of Perception
08. Debt Payment Overtaking Defense Spending
09. Q1: Healthcare Reform
10. Q2: China's Military Sustainability
11. Q3: Gold Investing
12. Q4: Political Stability of China
13. Q5: Children Teaching You About Debt / Radical Islam
14. Q6: Advice to Obama
15. Q7: Limits of Keynesian Stimulus
16. Q8: Better Leadership in the West
17. Q9: Fear of Hyperinflation
Full Program aici (sariti primele 9 minute).
..and you know the thing about Chaos? It's fair!