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Harvard Prof: U.S. Empire in Decline

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October 22, 2009 – Comments (2)

The United States’ growing debt burden means the American empire is on the decline while China is on the rise, says Harvard history professor Niall Ferguson.

“...let’s face it. If you’re trying to borrow $9 trillion to bail out your financial system and economy and already half your public debt is held by foreigners, it’s not really the conduct of a rising empire, is it?”

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2 Comments – Post Your Own

#1) On October 22, 2009 at 6:46 PM, DOW4000 (< 20) wrote:

Of course, he'll be accused of being unpatriotic. Seems you can't question your nation's strength without facing this dumb-ass mentality. If you want to an example of this, and enjoy a good comedy, watch the Michael Keaton movie "Gung Ho."

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#2) On October 22, 2009 at 7:13 PM, thefatalist (< 20) wrote:

Wow, he just figured that out? He must be a genius.  No wonder he's a Harvard professor.  What other giant leaps of the imagination might he be hiding in that giant brain of his?

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