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How Debt Could Trigger the Collapse of the US
How Debt Could Trigger the Collapse of the US
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How Debt Could Trigger the Collapse of the US
Throughout history, the rise and fall of empires isn’t slow or cyclical, as we like to think, but arrhythmic. It mostly happens very, very suddenly. America is a superpower on the edge of chaos, according to economic historian and author Niall Ferguson. U.S. debt levels, he says, and its unwillingness to address the problem, has put it in the same category as other great powers of the past.
Channel: 5min.com on AOL
Category: Business
Video Length: 242
Date Found: December 28, 2010
Date Produced: December 28, 2010
View Count: 1
 
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