The Ascent of Money

Historian Niall Ferguson tells the story of money and the rise of global finance. Bringing context and understanding to the current economic crisis, he reveals how the history of finance has been punctuated by gut-wrenching crashes.

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Created By
Status	Ended
Original Name	The Ascent of Money
First Air Date	November 17, 2008
Last Air Date	December 22, 2008
Seasons	1
Episodes	6
Episode Runtime	49min
Language	English
Original Language	English
Production Countries	—
Production Companies	Chimerica Media
Networks	Channel 4

S01E06

Chimerica

Since the 1990s, once risky markets in Asia, Latin America and eastern Europe have become better investments than the UK or US stock market. The explanation is the rise of 'Chimerica', the economic marriage of China and the United States. But does it make sense for poor Chinese savers to lend to rich American spenders?

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