Niall Ferguson has a new book out, The Ascent of Money: A Financial History of the World, and he discusses some themes raised by it here. Example:
"How are the developing countries going to fare given the current economic conditions?
Niall Ferguson: Not well. Despite being "Made in America" this crisis has the potential to hurt countries like Pakistan more than America itself. Unfairly, the U.S. continues to be regarded as a "safe haven" for investors, which is why the dollar has rallied in recent months. Meanwhile, economic trouble tends to lead to political instability in emerging markets, which scares investors off."