Is there a Malthusian in the house?
Typical -- from the Toronto, CA
Globe and Mail:
'There will be blood'
Harvard economic historian Niall Ferguson predicts prolonged financial hardship, even civil war, before the �Great Recession' ends
Harvard author and financial crisis guru Niall Ferguson has landed with a thud in Ottawa, spreading messages that could make even the most confident policy makers squirm.
The global crisis is far from over, has only just begun, and Canada is no exception, Mr. Ferguson said in an interview before delivering a presentation to public-policy think tank, Canada 2020.
Policy makers and forecasters who see a recovery next year are probably lying to boost public confidence, he said. And the crisis will eventually provoke political conflict, albeit not on the scale of a world war, but violent all the same.
�There will be blood.�
Oh Bollocks. This self-centered media whore is enjoying his 15 minutes without considering the unintended consequences of his 'proclamations'.
To Dr. Ferguson -- can you tell me when a Malthusian prediction was ever right?
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crickets
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Posted by DaveH at March 12, 2009 10:34 PM