Niall Ferguson wrote an article in June with the title: We’re All Soviets Now
A ~20 minute video version is here.
A pretty depressing look at things. "the federal government will almost certainly spend more on debt service than on defense this year. ... According to the CBO, the share of gross domestic product going on interest payments on the federal debt will be double what we...
Ferguson: "Are We the Soviets now?"
A ~20 minute video version is here.
Ferguson: "Are We the Soviets now?"