Harvard historian Niall Ferguson has written extensively about the rise and fall of great empires and financial systems. Writing for Foreign Policy, Ferguson now warns that the spiraling economic crisis may soon pose serious threats to international peace and American security. As we saw during the late 1930s, economic crisis often sets the stage for full-blown political and possibly military crisis, and we’re already seeing the risk of upheaval in nine countries, including Somalia, Russia, and Mexico. Ferguson closes by saying: “Economic volatility, plus ethnic disintegration, plus an empire in decline: That combination is about the most lethal in geopolitics. We now have all three. The age of upheaval starts now.”
via The Daily Dish
Scary but unfortunately I think it’s true…