Historian Niall Ferguson

This is an excellent synopsis of the current broad economic crisis simmering in the US and outside it. If you want to cut the intro crap, the lecture starts 8 minutes in..... Would you want to be President at the end of this year or in 2013?? Good luck BHO, Mittens, Rick Saintorum or F Newton.....lots of luck, gonna need it....plus about 10 trillion more worthless, inflated dollars :) To sum up.....we are up the Creek of Defecation :( this lecture was in 2010...and no kiddies the situation has not improved....the debts are about 20% higher actually because derivatives have continued to explode upward...the bomb is increasing its yield. Its only a matter of when it goes off.....