Recently, the issue of U.S. debt has been continuously fermenting and heating up, and discussions on this matter are also being conducted fiercely worldwide.
If a reasonable solution cannot be formulated, leading to a debt default, then the United States cannot avoid a storm that will sweep through the entire nation and even affect the global financial market.
Just as Rome was not built in a day, the U.S. debt problem has been a persistent issue.
Research reports have pointed out that to cope with the increasingly severe debt problem, the Federal Reserve has been massively selling U.S. debt since last year, amounting to as much as 550 billion U.S. dollars to date!
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Additionally, this critical juncture is also an important moment for the confrontation among nations.
As the world's second-largest economy and one of the main creditors of the United States, China is naturally an important part that cannot be ignored when the U.S. discusses issues.
The Federal Reserve has been selling U.S. debt in large quantities due to the debt problem, and recently the U.S. has also shown some goodwill in the economic aspect towards our country.
What exactly is the U.S. trying to do by acting this way?
Is it trying to get China to help break the deadlock, or does it have some other trick up its sleeve, attempting to use the current debt problem to drag China, its arch-rival, into the water?
The financial crisis in 2008 and the subsequent economic recession had a severe impact on the U.S. economy.
The U.S. government has taken a series of stimulus measures to deal with the crisis, including increasing spending and reducing taxes, which has led to an extremely high accumulation of debt.
Moreover, the U.S. government's expenditures have exceeded its income for many years.
Coupled with the increase in social welfare spending and the enormous military expenditure of the United States, these combined factors have gradually led to the increasingly severe debt problem in the United States.
The huge debt problem has led to an increase in personal taxes for U.S. citizens while social welfare has been cut.
In terms of the economy, the continuous expansion of the debt scale has increased the risk of currency devaluation and inflation in the United States.
The Federal Reserve has been selling U.S. debt on such a large scale since last year to ensure the stability of the domestic economic market.
The Federal Reserve has been selling U.S. debt to control inflation, and it has also raised interest rates and reduced the money supply to tighten monetary policy.
Such "large-scale and frequent" resource operations by the Federal Reserve have never been seen before.
It can be said that this debt problem has really made the United States very busy.
As one of the world's largest holders of foreign exchange reserves, China has an important economic relationship with the United States.
Naturally, China cannot be absent in this debt issue of the United States.
In such an urgent situation, there are only two ways for the United States to solve the debt problem: first, to raise the debt ceiling; second, for other countries to buy U.S. government bonds.
The second method still requires a large purchase of U.S. government bonds, otherwise, the amount is too small to help the United States get through this crisis.
China is the most suitable country to take action and meet the conditions during this period.
However, our country is absolutely impossible to take over this "hot potato."
First, from an economic interest perspective, this is a losing business.
Even the United States' close allies have been reducing their holdings of U.S. debt, let alone our country?
No matter what kind of goodwill the United States issues, the problem this time is really too big, and this business is a loss without any profit.
Second, our country has been promoting "de-dollarization" and has been fighting against the financial system controlled by the United States.
How could it help the United States so desperately?
Our country has made great contributions to maintaining the stable development of the world economy in other aspects.
It is impossible to use this method that puts our country's interests in an irreparable situation to maintain stability.
Third, the United States treats the countries of the world with a hegemonic attitude, and its credit in finance has been bankrupt again and again.
No country would want to help the United States through difficulties regardless of interests.
If there is a country that trusts the United States and helps the United States get through difficulties regardless of interests, then the United States can hold the economic lifeline of this country, and the future is unpredictable, and the consequences are unimaginable.
The economic fields of China and the United States have deep connections, and the U.S. debt problem will definitely affect the relationship between China and the United States.
The U.S. debt problem has led to economic instability, which in turn affects the trade and investment relations between China and the United States.
The economic interests of both parties are closely linked, and the debt problem may cause concerns about bilateral trade and investment, thereby affecting cooperation and the atmosphere of cooperation between the two parties.
The debt problem may also lead to disputes and frictions in Sino-American trade.
If the United States adopts protectionist policies, such as raising tariffs or restricting imports, to deal with the debt problem, our country will definitely take countermeasures.
After the mutual influence of the two countries' policies, it will definitely lead to an increase in trade friction between the two countries and have an adverse impact on the economies of both countries.
In addition, the debt problem will also worsen the political relations between China and the United States to a large extent, causing more tense confrontation between the two countries.
In today's rapidly developing modern world, the U.S. debt problem involves many aspects of the world, and it can be said that it affects the whole body when one hair is pulled.
Our country has always faced any country in the world with an equal, open, and inclusive attitude, and has treated every economic exchange with the principle of mutual benefit and win-win for both parties.
Therefore, for the U.S. debt problem, our country is definitely closely monitoring and actively responding.
In the eyes of the United States, China is also a key to solving the debt problem.
However, to fundamentally solve the problem, it can only rely on the adjustment of the United States' own economic policies.
No outsider can help with one's own affairs.