Unable to reclaim China's role as a "creditor," the U.S. Treasury Secretary returns in defeat.

Astonishingly, U.S. lawmakers are ready to shatter the status quo, threatening to default on trillions in debt.

This time, China will no longer indulge the United States!

Starting a few years ago, our country gradually shifted from the long-standing strategy of purchasing U.S. bonds as the main method of foreign exchange investment, and refocused efforts on elevating the global status of the Chinese yuan, seeking partners willing to use the yuan in large international transactions.

After shifting the primary investment targets, our economy has reduced its reliance on the U.S. capital market, allowing for a period of recuperation.

After all, as the U.S. economic crisis looms, no one would be willing to invest in a business destined to become increasingly unprofitable.

However, the United States has lost its way, not only failing to find ways to save its faltering economy but also frequently devising underhanded tactics to try to coerce China into submission using sovereignty issues in the South China Sea and Taiwan.

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So, in the face of U.S. threats, what countermeasures does our country have?

As countries rush to sell off U.S. bonds, what impact will this have on the U.S. economy?

Looking at the rise of the United States, it is evident that this superpower's first fortune came from the ruthless exploitation and oppression of agriculture by its own industry.

Subsequently, the United States chose a crooked path to rapid wealth, tasting the joy of exploitation and plunder.

World Wars, the Korean War, the Vietnam War... Wars and bloodshed laid the foundation for the United States' status.

Plundering resources and selling weapons, allowing the flames of war to spread to every corner of the world, the United States has used these means to seize global hegemony.

But as the world shifts from a unipolar to a multipolar structure, the United States' reckless path to war profiteering has encountered unprecedented obstacles.

Within three years, the spread of the novel coronavirus has wounded the global economy.

As one of the central countries in global finance, the United States has inevitably suffered.

Yet, when the global economy is in a slump, the United States does not focus on revitalizing its own economy but instead deliberately provokes the Russia-Ukraine conflict to make another war profit, and to counterbalance Russia, it announces the freezing of a large amount of Russian assets and U.S. bonds in the United States.

This move has indeed brought in a large income from weapons sales in the short term and swallowed a large portion of the natural gas market from Russia, alleviating domestic economic contradictions.

However, in the long run, the United States' behavior of freezing Russian-held U.S. bonds has caused the once creditworthy national debt to lose public support.

If you have always lent money to someone who has been reliable in repaying, but when the debt accumulates to a million, and this person suddenly refuses to repay, would anyone still be willing to lend?

Naturally, the answer is no.

Therefore, although the United States has made another war profit from the Russia-Ukraine conflict, it is also because of this war profit that the United States' credibility has been severely shaken.

Once is chance, twice is habit; to avoid facing a situation similar to Russia's, U.S. creditors around the world have started to sell off their "hot potato" U.S. bonds.

As a country with only over two hundred years of history, Americans seem extremely keen on immediate benefits, rarely considering the risks and crises behind the mountains of gold.

Even when the global economy is sluggish and countries shift their focus to stimulating domestic demand, the United States still tries to shift its economic troubles, asking the world to share its mess.

In June this year, the United States increased its issuance of government bonds again.

With a debt exceeding 32 trillion U.S. dollars that is already impossible to repay, in order to maintain temporary stability, the United States has raised its debt ceiling.

Although the debt has increased, it is also useless if no one buys.

Therefore, the United States has long been eyeing China, clutching at it as if it were the last straw, holding tight to China, once the largest holder of U.S. bonds.

Although the United States has a good plan, since 2022, our country's financial talents have keenly perceived the severe debt crisis behind the United States - unable to repay old debts and still incurring new ones.

The United States, a giant in the Pacific, has long been running out of fuel and damaged, and it is unknown when it will sink.

In order to resolve this national debt that can no longer even afford the interest, the United States has resorted to every possible means.

On one hand, it desperately tries to salvage China, sending the Treasury Secretary to visit China for talks, hoping that China will resolve six hundred billion in U.S. bonds, while on the other hand, it frequently creates disputes in the South China Sea and Taiwan, attempting to threaten our country.

However, the increasingly powerful China will not indulge it.

Since last year, our country has gradually sold off nearly three trillion in U.S. bonds.

Faced with the increasingly radical moves of the United States recently, our country has taken decisive action, selling off more than twenty billion in U.S. bonds right in front of the United States.

This has made U.S. lawmakers feel humiliated.

They are furiously protesting to the government, demanding to confiscate the remaining more than eight hundred billion in U.S. bonds held by China and refuse to repay them.

But after the chain reaction following Russia's frozen U.S. bonds, the United States has not yet done this "harmful to others and not beneficial to oneself" act.

Currently, the global trend is for major holders to sell off U.S. Treasury bonds.

In the face of the crisis, the United States has not yet awakened from the illusion of being number one in the world, attempting to coerce and entice, pressuring China to pay for its crisis.

But our country is not a soft persimmon to be kneaded by the United States.

As our country gradually strengthens, the decoupling from U.S. bonds is accelerating.

In contrast, the decline of the United States is becoming increasingly apparent.

The U.S. bonds that were once sought after by everyone are now nearing dusk, and the global scramble to escape the dollar crisis has long been formed.

The United States should have already made a decision on how to change the predicament in the future.