Portfolio Perspective:  Niall Ferguson

The Slight Depression, an interview by Robert Huebcher

British-born professor at the Harvard Business School and author of The Ascent of Money, a best-selling book that was turned into a television series, Niall Ferguson recently outlined his expectations for the US economy - predicting amongst other things, the end of the US dollar as the world's reserve currency.

Naming the current crisis "the Great Recession," as others have, understates its severity, according to Ferguson. A more appropriate name is the Slight Depression, one which, at least so far, has not reached the pr...

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