Niall Ferguson on the Economy and Markets

Tuesday, 09 December 2008 04:04 Nate Gendelman
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Massive de-leveraging, a full year or more of recession followed by years of slow growth, high unemployment, and war-time like federal deficits certainly doesn’t bode well for most investments over the near term. And that’s Niall Ferguson’s best-case scenario.

Please read what this very important thinker has to say about the economy today, some steps President Obama can take to address the catastrophe, and his thoughts on asset allocation.

Our Interview with Niall Ferguson By Eric Uhlfelder

Posted December 9, 2008 by Nathan Gendelman

 
Comments (1)
Age of Leverage is Over
1Thursday, 11 December 2008 07:44
Kate
"The age of leverage is over. The race will go to the productive, and investments in education, technology, and clean energy will pay more attractive returns than endless Wal-Marts". Extrememly interesting and potentially - in the very long term - greatly benficial to all of us.

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