‘Where we are today is frightening’: a Pulitzer-winning historian sees a doomsday scenario involving China and the national debt books ‘Where we are today is frightening’: a Pulitzer-winning historian sees a doomsday scenario involving China and the national debt admin June 2, 2026 0 Liaquat Ahamed, whose "Lords of Finance" redefined the Great Depression, says America's debt crisis has a clear historical precedent. Read More Read more about ‘Where we are today is frightening’: a Pulitzer-winning historian sees a doomsday scenario involving China and the national debt