“If you really want to see when an empire is getting vulnerable, the big giveaway is when the...

|By:, SA News Editor

“If you really want to see when an empire is getting vulnerable, the big giveaway is when the costs of servicing the debt exceed the cost of the defense budget,” Niall Ferguson says, predicting that will happen in the U.S. within the next six years because politicians lack urgency over the crisis to come.