China v. US: My empire is bigger than yours
This is a good basic seven minute overview and worth your time
Video: Historian Niall Ferguson ruminates on the world's most important rivalry.
By Mark Scheffler
Published: June 24, 2009 07:23 ET
What happens when a rising power lends money to the world's biggest power? As empires rise and fall, is conflict inevitable? And what does the global economic meltdown mean, anyway?
These are just a few of the questions we put to historian Niall Ferguson, author of "The Ascent of Money," as he analyzes the complex and critically important relationship between Washington and Beijing.
So light up your pipe, stroke your beard, and press play:
Taken from here: