In The Ascent of Money Niall Ferguson traces the evolution of money and demonstrates that financial history is the essential back story behind all history. By learning how societies have continually created and survived financial crises we can find solid solutions to today's worldwide economic emergency. As he traverses historic financial hot spots around the world, Ferguson illuminates fundamental economic concepts and speaks with leading experts in the financial world. Episode 6 Chimerica - Niall Ferguson investigates the globalisation of the Western economy and the uncertain balance between the important component countries of China and the US. In examining the last time globalisation took hold, before World War One, he finds a notable reversal, namely that today money is pouring into the English speaking economies from the developing world, rather than out ...