Ferguson and Faber: Sovereign Debt Crisis Will Spread World-Wide, U.S. Debt Is Unsafe
In a must-read essay, Niall Ferguson slams the prevailing Keynesian consensus, and says that the sovereign debt crisis in Greece will spread to America.
• Revising The Economic Problems Wont Make Them Go Away
• Gordon Brown’s plan for global bank tax ‘a step closer’
The label “conspiracy theory” is commonly used to try to discredit criticism of the powerful in government or business.