Ferguson’s Law?

[kanzeon_2040]

Niall Ferguson, a conservative historian and public intellectual, claims that an empire's days are numbered once it spends more on interest payments than on its military. He calls this, rather boldly, Ferguson's Law.

"True of Hapsburg Spain, true of ancien régime France, true of the Ottoman Empire, true of the British Empire, this law is about to

Comments

[matrixmann]

Hm... I would put the mark to the point in time when the US was among the winners of WWII (despite being an agile trade partner of Nazi Germany for quite some time) and when the states decided to make West Germany a political project, aimed at being the front row to fight communism by advertising the capitqalist system, supplying it with consumer goods and even with the first paper money of the new D-Mark currency. (The decision to introduce the new currency was already made without the Soviet Union, as a political solo action