Niall Ferguson: Long-term stagnation better than depression (8min.)

[LargoWinch]

Should the "band-aid" be removed in one quick swipe or slowly one hair at a time?

I choose the former any day.

Despite this divergence of point of view, Ferguson makes some decent comments regarding ChinAmerica.

Runtime: 8min. 25sec.

Harvard historian Niall Ferguson in an interview about the severity of the global economic Crises.
Will China save the United States or will they decide to concentrate on themselves?
Protectionism could lead to a global meltdown.