‘Where we are today is frightening’: a Pulitzer-winning historian sees a doomsday scenario involving China and the national debt
Pulitzer Prize-winning historian Liaquat Ahamed warns that the current global financial system, particularly concerning the U.S. national debt, is in a frightening state. He draws parallels between today's economic climate and historical financial crises, including the one in 1873 and the lead-up to the Great Depression. Ahamed's primary concern is a doomsday scenario where geopolitical tensions, specifically with China, could exacerbate a financial crisis, potentially leading to an attack on U.S. financial supremacy. AI
