Harvard Prof. Niall Ferguson on Decline of America and Rise of a New Global Economic Order 2/3
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Harvard Prof. Niall Ferguson on Decline of America and Rise of a New Global Economic Order 2/3
Comments
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this interviewer is so dumb
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Forbes just did an article on the railroad industry, which is interesting how they bring it up here. It states how Union Pacific's value has tripled in the last year, Burlington-Northern(Buffett's baby) is now worth over 60 billion despite being bought for 34 billion by Buffett about the time this was recorded. The rail industry is becoming a main transporter of oil now transporting hundreds of millions of tanks of oil a year, becoming as efficient as the Keystone XL pipeline would've been. The advances in the industry have really modernized it and made it grow by like 30%, if I recall correctly. Other rail companies have doubled their value as well. Niall did not have faith in that, but it turned out to be a success.
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He's smart and DAMN GOOD LOOKING TOO!
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Yeah right..its almost the end of 2012..where are we now?
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Warren's investment in railways is a political favour returned for that Buffet Rule nonsense he let Obama spew out in his name. Imagine if the Buffet Rule existed in the 70s! - We'd have never heard of the silly old bugger. Do you think Obama's blocking the development of the Keystone Pipeline was just pure ludditism like Solyndra? How's the oil going to get into the USA from Canada now huh? Choo choo! Warren has retired from the game and is now a Crapitalist.
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Humm A formidable popular nationalism - sounds rather prescient at this point.
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8:34. Help me God.
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@zuzupetals1999 word - on charlie rose! lmao - that stupid fuck!
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and our exports have not really increased.. and not much has changed.. out nat debt is only 5 trillion more :P
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Someone needs to teach Charlie Rose the meaning of the term "Shut the Fuck up". What a tool.
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Charlie Rose doesn't know shit from Shinola but he reads other people's emotional response to events and decides reality based on that. The true second hander. No opinion of his own, just living off the psychological states of other people. Pitiful! And the idea that we can carry huge amounts of debt and this is cool, and that we can trash the dollar and that will help our exports is truly idiotic!
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@bencawley1 looooooooooooooooooooooooooooooooooooooooool add we have to speak mandaron and watch chollywood and watch chinease stars how the live
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brilliant...
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UK, US are finished. Just look at their "next generation". In most of Europe there will not ever be a next generation. The West will be totally destroyed within 50 years.
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@Clichyabarbes22 You need to stop watching foxnews, dude.
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@ironhills Krugman loves stimulus & stimulus creates deficits
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@hegemonymony The citizens aren't running the show, anyway.
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What the savings economies of India and China can in future do is take over companies in UK and US.
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Paul Krugman "loves" deficits?
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This guy is very smart but peter schiff is even smarter. Niall Ferguson less than an year ago was making the point that the United States would come out ot the crisis and would remain the pre - eminent power . However in RETROSPECT looking at the growth in China and asia he changed his views. Peter schiff predicted not only the financial crisis but also predicted that China and the rest of asia would be unscaved and growth very much intact . This was 4 years before either of the even occured !!
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