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Niall Ferguson believes the biggest danger of the recent credit crisis could be the collapse of China-America relations, which he dubs "Chimerica".Ferguson explores the "singular importance" of this relationship and speculates how it could be responsible for the US recent financial crisis.
Niall Ferguson lists several reasons why Americans should remain hopeful during the current credit crisis.He reminds us that "it's worse for everyone else," stating that other countries are being hit as hard, if not harder, by the current economic crisis.
In response to a comment by Barney Frank, Niall Ferguson calls Obama's tax plan as "crazy as it gets."Ferguson argues that, considering the US economy's precarious position, the fear of increased taxes may cost the Democrats the election.
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