Niall Ferguson: Credit Crisis is Worse For Everyone Else<br />The Hoover Institution - Hoover Institution<br />Professor and historian Niall Ferguson asks what the ramifications of the subprime crisis will be in the realm of grand strategy and politics.Is this an historical turning point, marking a decisive shift in financial power from West to East? Or are rumours of the death of the dollar and the decline of American empire exaggerated? - Hoover Institution
