The 6 killer apps of prosperity – financial crises an epiphenomena – TED talk

This TED talk provides a meta-pattern to understand the rise of China/India, etc as being associated with the East accumulating some of the ‘killer apps’ or patterns from the West, and thus regaining their historical productivity balance with the West. It’s the great re-convergence.

At the end of the talk Niall Ferguson makes the case that the current Western fiscal crises are mainly epiphenomenon and have been accelerated by the underlying shift or rebalancing of power.

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