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 UhlfelderPosted December 9, 2008 by Nathan Gendelman
