Niall Ferguson, noted economic historian, author, and Harvard Professor outlined the next steps in the current “Great Depression to a packed Canada 2020 Speakers Series crowd on Monday 23 February. For more, see www.canada2020.ca.

1. American Recessional? The Crisis of Globalization Ottawa, February 23, 2009

2. The end of the Age of Leverage

4. Global imbalances

5. Fuelled a property bubble and bust

6. Not Great Depression 2.0 … Yet

13. Geopolitical implications?

14. 1. Even faster Chinese catch-up?

15. 2. Like £, $ to lose reserve status?

16. But God still watches over …

17. 1. Crisis could slow catch-up

18. 2. And dollar has rallied

19. Along with US Treasuries

20. Why? It’s not just a global crisis

21. It’s a crisis of globalization

24. 1. The indebted Anglosphere Canada Australia Britain USA

29. Europe’s bank nightmare

30. 4. Eastern Europe’s crisis

33. Why he’s bluffing Russia will run out of reserves in just 14 months if it keeps spending them on currency intervention at current pace