Niall Ferguson , a visiting professor at the London School of Economics Professor of history at Harvard University and best selling author
Niall Ferguson agrees 50 percent with what Larry Summers said yesterday that the US is facing a lost decade but he does not agree with his Keynesian remedy of more stimulus , Niall Ferguson also says that he is 100% sure that Greece will default
The debt crisis amongst the PIIGs has moved from being a public finance problem on the periphery (of Europe ) to be a major institutional conflict between the biggest economies in the European and the European central bank union Niall Ferguson says
The German position has moved the driver here is the German voter he added they are fed up of writing blank checks for the rest of Europe , if the German voter gets what he wants a whole bunch of German banks could blow up cause they are the major one exposed to the Greek debt he explained
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