Of Fiscal Crises and Imperial Collapses

Today's video, Harvard historian Niall Ferguson's Ninth Annual Niarchos Lecture at the Peterson Institute, entitled Fiscal Crises and Imperial Collapses: Historical Perspective on Current Predicaments:



About 55 minutes long; takes a while to get going, and it's a little dry, but interesting nonetheless for the historical perspective of the likely coming collapse (barring some improbable and dramatic course change). Also interesting is the comparison between countries like Greece and the United States and the UK, and what countries historically do (and don't do) when they end up in such situations. Mr. Ferguson starts his lecture around 8:30 minutes into the video for those who wish to skip the introductory speakers and their remarks.

Q&A with Mr. Ferguson (about 38 mminutes long):



Watch / listen to both, if you have the time.