Check it out. Hoover InstitutionStanford, CAOct 21st, 2008Professor 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 exaggerated? - Hoover Institutionhttp://fora.tv/2008/10/21/Geopolitical_Consequences_of_the_Credit_Crunc-Niall Ferguson, MA, D.Phil., is the Laurence A. Tisch Professor of History at Harvard University. He is a resident faculty member of the Minda de Gunzburg Center for European Studies.
Thank god Obama will save us all...