The West is facing its worst economic crisis since the Great Depression. U.S. government debt is no longer AAA-rated, and the nation is facing a possible double-dip recession. On the other side of the Atlantic, the future of the euro–and possibly of the European Union itself–is under threat because of the debt crises of the euro zone periphery. Yet emerging economies, especially in Asia, are growing rapidly. China is poised to overtake the U.S. in terms of gross domestic product within just five years. At the same time, a revolutionary wave promises a new political era in North Africa and the Middle East. Are we living through the end of Western predominance? Is this the end of the American century and the beginning of the Chinese one? Join us for part three of our fall 2011 Global Economy Series with Niall Ferguson as he discusses the past, present, and future of the global economy.