US in better shape than Rome, says Cornell professor

"Almost everything that has happened [in the United States] over the last year has happened in some deviation before in the period that I study, which is essentially the equivalent of 2008 for the Roman Empire," said said Kim Bowes, Cornell assistant professor of classical archaeology at a recent lecture.

Bowes' lecture, An Important Lesson in Finance: Bailing Out the Roman Empire, delivered at an event coordinated by Cornell Wall Street and Cornell on the Road, covered the collapse of the Roman government in the 3rd century. "Our economic climate may seem grim, but our situation is far better than that of Rome in the third century," she said.