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Monday, March 14, 2011

By 2021, we could have a 'restored caliphate'?

Remember Niall Ferguson, who burst onto the scene with a surprising Newsweek column ripping Barack Obama?

Here he is again talking to London's Daily Telegraph. He makes six key points in this interview:
* China will be the largest economy in the world by 2021
* No guarantees the euro will still exist
* The U.S. could europeanize itself, or it could revitalize itself
* Tiny possibility we get western-style democracies in the Middle East
* More alarming to think about a "restored caliphate"
* Germany's love of European integration under threat
Let's go to the videotape.


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