Geopolitical Consequences of the Credit Crunch

Tuesday, October 21, 2008
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Professor and historian Niall Ferguson asks what the ramifications of the subprime crisis will be in the realm of grand strategy and politics.

Is this an historical turning point, marking a decisive shift in financial power from West to East? Or are rumours of the death of the dollar and the decline of American empire exaggerated? (46:55)

Recorded on Tuesday, October 21, 2008