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    Senior Member AirborneSapper7's Avatar
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    Ferguson: Overwhelming US Crisis Looms

    Ferguson: Overwhelming US Crisis Looms

    Monday, 26 Jul 2010 09:41 AM
    By: Julie Crawshaw

    Economic historian Niall Ferguson says Keynesian economists are stuck in the 1930s, completely unaware that a US debt crisis could come quite suddenly.

    “All it takes is one piece of bad news — a credit rating downgrade, for example — to trigger a sell-off,â€
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    Senior Member AirborneSapper7's Avatar
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    Ferguson: Why No Jobs? Tax Hikes Ahead

    Monday, 26 Jul 2010 11:46 AM
    By: Dan Weil

    Harvard economic historian Niall Ferguson has an explanation for why unemployment remains stubbornly high at 9.5 percent. It’s the threat of tax increases as the Bush tax cuts end this year.

    “Why is it that small- and medium-sized businesses in the United States today are not hiring? Why is it that they're not expanding?â€
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