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Friday, November 22, 2024

Niall Ferguson: The Next Greece? It’s The US!

Niall Ferguson: The Next Greece? It’s The US!

Courtesy of Kamelia Angelova at Clusterstock/The Business Insider

Economist and historian Niall Ferguson predicts a French-German bailout of Greece and financial collapse for other European countries. U.S. might seem like a safe haven now, but with rising nominal yields at a time of low inflation and having a very large debt, there is more trouble coming our way.

 

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