Thursday, March 18, 2010

Collapse

Imperial collapse may come much more suddenly than many historians imagine. A combination of fiscal deficits and military overstretch suggests that the United States may be the next empire on the precipice.
Niall Ferguson

1 comment:

  1. From Wikipedia:
    Niall Campbell Douglas Ferguson (born April 18, 1964, in Glasgow) is a British historian who specialises in financial and economic history as well as the history of colonialism. He is the Laurence A. Tisch Professor of History at Harvard University and the William Ziegler Professor of Business Administration at Harvard Business School. He was educated at the private Glasgow Academy in Scotland, and at Magdalen College, Oxford.

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