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Niall Ferguson: Empires on the Edge of Chaos

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Edward.S Avatar
Posted: 04.08.11, 08:29 AM
they should have let Ayaan Hirsi Ali do that introduction how could you have her in the room and not have her speak
punkage72 Avatar
Posted: 03.10.11, 02:46 PM
Brox You are right...look at what happened with the financial meltdown and the fraud and mismanagement in the banking and financial sector. The leader of Freddie Mae bank got his bonus and living in a $MM condo in NY...did he serve any time or re pay anything by putting the Gov in the hole billions and making the same with incorrect accounting, bank loans, fraud, etc? NOPE...hell he was Obama's financial adviser during the election!!! You are also right, how can someone making $250K be equal to the stock brokers who took us to ruin and making $25million and still get a tax cut! This country is messed up and its not an outside power...its greed, the 3rd world ism of America, where corruption is commonplace, and the fact this country is incapable of making any decision which affects voters by pocketbook, but we know how to lob missiles, and attack countries, normally at Arab countries. We are in a mess and its OUR OWN FAULT
brux Avatar
Posted: 03.09.11, 08:04 PM
No one can challenge the churning effort to make huge amounts of money ahead of fixing the problems of our country that take place at the top of our society, therefore we cannot change. Corruption has eaten the US from inside out. Has it been planned by some kind of outside power, or a larger internal group? If we had any idea we might be able to prevent the coming collapse and bring about some change, but whatever it is has cloaked itself in secrecy. Meaning the private sector and then some public sector areas that we know are hidden from us. This is much like how the terrorists that plague the Middle East hide in the houses of civilians. Look at the tax roles ... how all the very top rich people hide among those who make anything over 250K per year, they are just folded in there and hidden from view
brux Avatar
Posted: 03.09.11, 07:58 PM
> Ladies and Gentlemen, military retreat from the mountains of the Hindu Kush or the > plains of Mesopotamia has long been the harbinger of imperial fall ... audience laughs
punkage72 Avatar
Posted: 02.16.11, 11:51 AM
Mr Ferguson is correct! The USA is in deep trouble, of our own making. The issue is are we capable of making change? Those that note "the USA is capable of quick change" have not seen our reality of our Government and lack of tackling the big problems! Recently, a committee met to deal with Social Security reforms only and meekly came out with some proposed minor changes, with the caveat "it will never pass"... I suggest to all, our Government and the way its made up, is incapable of making changes that now will impact our citizens. For example, cutting defense means we cut out largest employer, cutting social security is not likely due to the voting patterns. Dealing with medicare and health care, when drug and pharma lobby have 2 reps for every Senator and Congressperson in Washington, as can be seen with the meek HC reform, is also untouchable! In addition, the fact this country can not control its own borders (we recently stopped building the black wall btw, $1billion sunk!), continue to run deficits, while passing tax cuts to the wealthy! Capable of change?!?.....hand me the violin please as I smell fire... I posted an interesting column from on America and dealing with its problems below: What the President—and His Critics—Won’t Admit August 12, 2009 | From America fails to understand the true nature of its problems. Hilliker"> Joel Hilliker 'Anyone who thought Barack Obama could solve America’s problems didn’t understand the nature of the problems. This country’s foreign policy didn’t suffer from a lack of international engagement, of diplomacy or discussion. It wasn’t that America projected arrogance toward other nations. It wasn’t that we were too mean to Iran. It wasn’t Guantanamo. It wasn’t America’s failure to apologize enough for its past. The problem with the economy wasn’t that the government hasn’t been involved enough in manufacturing cars, or in banking or the housing market. It wasn’t that Washington didn’t offer enough entitlement programs and needed to take over health insurance. It wasn’t that we needed to junk our cars and buy new ones. These “solutions” aren’t improving America’s standing in the world, and they’re not fixing its economy. They aren’t solving anything—because they do not address the real problems. This administration didn’t cause America’s problems; the country was already in a fine mess when it took over. But clearly, what it’s doing now isn’t working. The promise of hope and change was an illusion—and things are getting ugly. Companies are closing; jobs are down; unemployment benefits are about up for hundreds of thousands. Americans are locking horns; town hall meetings are becoming barroom scuffles; citizens are shouting down politicians and vice versa. One definitely has the feeling that all these trends are apt to get far worse. “America’s next president will be in over his head,” we wrote before last November’s election. Sure enough. Our nation is plagued by troubles of our own making at every level: crushing debt, economic instability, unbridled immorality, family breakdown, immigration and racial tension, an overstretched military—all amid the looming existential threats of terrorism and wmd proliferation. Over a period not of months, but of generations, we have amassed an Everest of evidence proving our utter inability to solve our own problems. But who will admit it? Herbert W. Armstrong often said that the hardest thing for human beings to do is acknowledge error. Facts are stubborn things, John Adams famously said. But people can be even stubborner. We have an uncanny knack for clinging to error even when it’s been shot through with facts. The president’s supporters seem to think the only reason his “solutions” aren’t working is that not everyone is getting on board. The president’s critics seem to believe that if their own presidential candidate were in power, everything would be peachy. Both of these ideas are pure fiction. Actually they’re worse. They are deceptions that blind people to the truth: that the problems are bigger than all of us.'
Christi Pemberton Avatar
Christi Pemberton
Posted: 01.03.11, 11:37 PM
@Donald: I do agree that the US has the capacity for astonishing change. It also has the ability to adapt and evolve with a healthy dose of innovation that results in economic success... more so than any other country in modern history. The question is will the US wake up, correct its financial downfall, and adapt to this fast changing global economy with a new innovative strategy for business and job creation in time to create a more resilient economy for its citizens. We don't necessarily have to be the #1 world economic power (although I hope we can maintain that status or have equal share of that status with the next global economic power "China"), but we need to be close to #1.
bremont Avatar
Posted: 01.03.11, 03:03 PM
history is no longer recorded as facts of the past but is rather has a wobbling effect, more like we were on a time machine, this i think is Du to the cosmic adjustment of our species, our planet and the solar system, to a greater inner-balance. we life on a time machine if you like. the future now i sense contains elements of the past and elements of the future that are blending to create a newer step on the process of what we are. reason and reasoning reason is quite another matter as we are in fact a human animal. empires will fall as there will no longer be any empires at all, the pyramidal structure has collapse a new form is emerging, a new way of thinking and reasoning logic has departed the Greek rhetoric and is opening to newer form. all that is known somehow will be upturn as existence for us is a cosmic process, as well to the planet and our solar system.. art today can indeed enlightening the different sides of our thinking and cognate to-wards understanding of the now.
keithsnyder Avatar
Posted: 01.03.11, 11:55 AM
As always, an enjoyable presentation. I like Dr. Ferguson's illustrations from history and explanations of how things happened the way they did. Like looking at a stock or currency historical price chart, it's helpful to understand, at least in part, why it did what it did. I think he's quite good at comparing what happened previously to things we see more recently. I find Ferguson to always be quite the gentleman about his analyses with those of differing opinions -- much more so than some of his detractors. Hindsight is not omniscient about the past, nor can it provide complete guidance about what to do in the future. As I read/hear people like Ferguson, et al, I don't think anyone has a big enough brain to compile it all, and no one has 100% foresight. We are all better off, though, listening to him as we all try to make our way in these difficult times, and if it doesn't work out very nicely, at least we'll be able to handle it better mentally and emotionally because we won't have been taken by surprise. It can also help make better decisions until that (I believe) likelihood.
Atom299 Avatar
Posted: 10.30.10, 01:14 AM
He really is for the birds. He'd make a good comedian though.
sirvedeus Avatar
Posted: 10.07.10, 06:26 PM
00:53 :25 "[I]t's very striking that the Chinese government has more legitimacy in the eyes of its own people than any almost any other government in the world." Of course it does. Without free media, the Chinese people do not learn about the government's mistakes. 01:14 :05 "Remember Richard Nixon - 'We're all Keynesians now' - what happened? Governments ran deficits year in and year out. They sought to prime-pump the economy, and we got stagflation. We got zero or low growth and double digit inflation." As I recall, Paul Volcker beat stagflation by freezing interests rates, essentially locking himself in a Mexican standoff with business owners who expected interest rates to inevitably fall. Unfortunately Obama hasn't taken a page out of his adviser's book.