International
Complete video at: http://fora.tv/2008/10/21/Geopolitical_Consequences_of_the_Credit_Crunch
Harvard historian Niall Ferguson warns that the greatest danger of the current financial crisis could be the possible collapse of economic relations between China and America.
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Professor 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 Institution
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. He is also a Senior Research Fellow of Jesus College, Oxford University, and a Senior Fellow of the Hoover Institution, Stanford University.
so true
By Thunderwavia [Affiliate User] 1234924112 Reply Spam [+0] Moderate Up Moderate Down RemoveIn 2006, I went to a monthly training course organized by Chinese customes officers. they warn all importers the danger to have US as the main market. there r also international exhibitions organized by Chinese officials to go to Eu, middle East, Afrcia, South America, ect. they may suffer a loss because US close their doors, but i am sure they will survive since they r prepared.
By bluebaby0710 [Affiliate User] 1234923752 Reply Spam [+0] Moderate Up Moderate Down Removehaiz another no hope american denyin the fate of USA.but US gt total 13 trillion debt in total.
By lolozai91 [Affiliate User] 1234858815 Reply Spam [+0] Moderate Up Moderate Down Removethen y don u paid it lol?
By lolozai91 [Affiliate User] 1234858630 Reply Spam [+0] Moderate Up Moderate Down RemoveChina is now scared shitless because Americans are not buying their products anymore and 10,000 factories closed in China in Dec. China is 95% export dependent, but USA is only 25% export dependent so China is going to go into the toilet very quickly. China's $2 trillion in debt the U.S. owes is nothing - 1/6 of total U.S. GDP for ONE year. We can pay it off in 2 months if we want to.
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