Leading US economist Laurence Kotlikoff says he remains optimistic about solving the big structural problems plaguing global finance, but he has a grim prognosis for the US if it doesn't change fiscal and monetary policies. "We're heading the way the British Empire went, its inevitable" he says. "The [US] dollar is going to give way to the Yuan as the global currency at some point, its just a matter of time." Kotlikoff is a Professor of Economics at Boston University and will be in New Zealand next week as the Sir Douglas Myers Visiting Professor to Auckland University. He was named by The Economist as one of the world's 25 most influential economists and in 2016 and that year he ran for the US Presidency as a write-in candidate. He's also a New York Times best-selling author. While he has a strong reputation his ideas
Sun setting on US empire