Tuesday, June 22, 2010

Niall Ferguson Warns Of Precipitating U.S. Debt Crisis

As summarized by "The Housing Time Bomb," Niall Ferguson has warned about a real risk of high Treasury debt levels precipitating an all-out debt crisis because of the bloated interest-payment component of the U.S. federal budget. Ferguson predicts trouble within two years.

The video, along with "The Housing Time Bomb"'s comments, is here.


  1. Good topic! BTW, an hour-long speech by Niall Ferguson on this topic along with a 20-minute Q&A period is available at the following link as an mp3 file.


    This speech was given on May 13, 2010 at the Peterson Institute.

    Hope this helps.

  2. Thanks for the link, John. It was a fascinating speech; it helped a lot.