Financial historian Niall Ferguson knows humanity’s long trail of boom and bust cycles. But he is hardly buried in the past.
In the long run-up to today’s crisis, Ferguson was warning loud and clear that we were headed for trouble. He called it early, and he called it right.
Now, Ferguson is sizing up the mess we’re in. Bottom line guess, he says: we’re headed for ten percent unemployment and five-plus years of hard times.
On the other side, the world could look quite different. But the U.S., he says, still has some good cards to play. Saving graces.
This hour, On Point: Niall Ferguson, and the big view of the mess we’re in.
Sir Alex Ferguson as you have never heard him before. How he really feels about Liverpool, the England job and Joe Hart. Plus, he explains why he doesn’t give the ‘hairdryer’ treatment anymore.
Ever see a new movie or piece of music, and think it all looked & sounded strangely familiar? That’s because you’ve probably seen it before. We chat with Kirby Ferguson, author of the popular web series Everything’s a Remix to learn why that sneaking deja vu feeling is probably true.