As long as the dollar settlement system exists, his hematopoietic artery will be smooth. Americans are not worried about huge debts, but feel some difficulties and discomfort on the way to borrow money. Originally, they planned to print 5 trillion yuan for the world to snap up, but there was a silence, which hurt the self-esteem of the coin seekers. These days, beggars have the biggest shelf of subsistence allowances, and those who help the poor and needy have become their little servants, and they are used to it. As I said in March, the Americans prepared at least 1 trillion for us, which was sprayed to pieces. I saw a big V the day before yesterday, to the effect that Americans not only don't pay off their old debts, but also want us to borrow new debts 1.8 trillion. What a beautiful idea. Aren't you afraid to flash your tongue and get angry? Resolutely refuse to buy new debts, sell old debts at the right time, and do whatever you want. Americans dare not die, but they really want to die. China1400 million people are not ordinary people, and they will definitely help him.
Everything is desperate and easy to get rid of. Don't have any illusions and concerns. The only way to deal with Laizi, a madman, is to attack him head-on. This method works and is also very effective. He can neither go to the sky nor go to the ground. He fought his claws with his fist. Try if you dare, but it will turn you into a pile of mud. Can not be used to it, tit for tat, bold attack, soft-hearted. You can only cause yourself more trouble, be self-reliant, work hard, defeat all incoming enemies, and resolutely defend the interests of the country and the people. The people of China must not be offended, and if they are offended, they will pay a painful price.
As the largest debtor country in the world, war may become one of the means for the United States to solve its huge debt (but this is not the main, let alone the primary), and at present, it is unlikely to be realized by military means in the short term, because it has not yet reached that point.
In fact, although the size of US Treasury bonds has already exceeded the $22 trillion mark, in fact, domestic institutions and individuals hold a large number of US Treasury bonds, accounting for more than 70% of the total, and other foreign holders account for about 30%, reaching $6.6363 trillion (according to the latest data released by the US Treasury Department on August 17).
According to the proportion of US Treasury bonds held by major overseas creditor countries, Japan, China, Britain, Brazil and Ireland rank among the top five "creditors" respectively. Among them, in July of 20 19, Japan surpassed China for the first time since 20 17.
It is worth mentioning that in the first half of this year, China has reduced its holdings of US Treasury bonds for three consecutive months, and at the same time increased its efforts to purchase gold reserves. According to the latest data of the central bank, China's gold reserves have reached 1942.6 tons. Russia has the greatest strength in selling US Treasury bonds. Last year, it directly reduced its holdings to less than $30 billion, overlapping with the scope of major overseas creditor countries of US Treasury bonds, and reduced its holdings by nearly $ 1000 billion.
Recently, US Treasury Secretary Mnuchin said in an interview with Bloomberg that the United States intends to issue ultra-long-term bonds (mainly 50 years or 100), which shows that the current US government is extremely short of money and is ready to leave the huge debt problem to future generations.
Therefore, in this case, the United States will never solve the problem through war, otherwise it may encounter the embarrassing situation of global dollarization. Why? Because most of the top ten overseas creditors of US Treasury bonds are global allies of the United States, should we start with partner countries? But if it is to attack the so-called "strategic competitors", under the current circumstances, war is simply impossible (of course, economic and trade and even financial wars are another matter).
In fact, the United States doesn't need that at all unless it is absolutely necessary, because besides war, there are ways of debt restructuring or even printing money directly. In particular, if the United States wants to issue ultra-long-term government bonds to raise construction funds, it must stabilize the dollar's position as the world currency. And starting a war means that the possibility of the dollar being abandoned increases, so who will it be sold to? Because U.S. Treasury bonds have always been regarded as the safest safe haven assets, when you default or even wage war, it is equivalent to losing the national credibility of the United States, and U.S. Treasury bonds are worthless.
To say the least, even if it dares to shoot, the opponent is not helpless to it. Quite simply, once the signal before the war breaks out is released, the other side will directly freeze the local assets of the United States.
In short, solving the debt crisis by force is the best policy! For the trillions of debts held by major overseas creditor countries (not to mention all of them), it is not worth the loss to let the financial hegemony of the US dollar collapse. You know, it is almost impossible to rebuild a "Bretton Woods monetary system" centered on the dollar, not spending trillions of dollars, but hundreds of trillions of dollars. Of course, we also have to admit that with the signs of recession in the US economy, the US Treasury bonds that keep breaking through the ceiling in the future are like a "dammed lake" hanging over the heads of "creditors". In the short term, it is ok to repay the debt interest, but it is dangerous if the government expenditure cannot be effectively reduced and the fiscal revenue can be increased in the case of the worsening fiscal deficit in the United States!
In 2008, during the economic crisis, my American company bought a research report from RAND Corporation at a price of1000000 USD. This report believes that the economic crisis will have a far-reaching impact on the United States, and analyzes in detail the ways for the United States to get rid of the economic crisis. The first method listed is to wage war. Moreover, it is believed that the purpose of the United States to wage war is to safeguard the hegemony of the dollar. As long as the dollar hegemony exists, the United States can win the wool of the world. Pass on the economic crisis to all countries in the world. The second method is to lift the mining rights of domestic mines in the United States. The first method is to liberalize offshore oil exploitation. Unfortunately, the BP oil spill completely dispelled the idea of opening up offshore oil production in the United States. Such as shale oil exploitation, is analyzed in detail in this research report. Perhaps many people don't understand why the United States should sanction the European Union. This is because the euro accounts for 38% of world trade payments, while the dollar accounts for a little over 42% of world trade payments. In other words, the euro has seriously threatened the hegemony of the dollar. Rand helped Greece make false accounts and sneak into the European Union. Then detonate the European debt crisis. Its purpose is to attack the euro. Therefore, President Trump's sanctions against the EU can be said to be the knowledge of American elites. As for Russia, it is a weapon used by the United States to intimidate the EU. As long as Russia's threat exists, the United States can force EU countries to invest a lot of money in an arms race. Thus attacking the technological innovation of the EU. We should treat Merkel's visit to China rationally. In fact, Germany was cornered by the United States and had to turn to China for help.
The debt of $22 trillion is the debt of the United States federal central government, excluding the debt of local governments. This debt is issued to countries all over the world in the form of treasury bills. This $22 trillion debt, about 12 trillion, is a national debt issued in the United States, and almost 10 trillion is issued to foreign governments. China, Japan and other countries are the largest holders of US Treasury bonds, and their national debts are all above 1 trillion US dollars. The reason for buying U.S. Treasury bonds is that other countries are holding dollars in their hands, hoping to buy new American technology products, while the United States is unwilling to sell them. There is no way to invest in government bonds in exchange for the high interest rate of dollars.
Treasury bills are basically ten-year, that is, this year's treasury bills will be returned with interest after ten years. Every year, about $2.2 trillion of treasury bills expire, and with the high ten-year interest rate of $2.2 trillion, it is almost $3 trillion. In addition to the normal expenditure, the United States has to spend 3 trillion yuan to pay off its debts every year, which is beyond the financial capacity of any country. As we know, the annual economic aggregate of Britain and France is less than $3 trillion, while the total GDP of Germany is only $3.56 trillion. Therefore, if the United States continues to implement the expansion policy, it is a high probability that the United States will have to pay its debts sooner or later.
How to solve such a huge debt?
At present, there are eight methods adopted in the United States.
First, borrow new debts to pay off old debts.
That is, issuing new treasury bonds to guarantee the credit of American debt. But you can't borrow too much, too much will increase the debt burden.
Second, the ruling deficit policy.
Over the years, the United States has also adopted the method of issuing fiscal deficits to repay huge debts and prevent the outbreak of the credit crisis.
Third, abolish the health care bill, so that countries that have not implemented American health care will no longer continue to support this aspect. Fourth, reduce investment involving people's livelihood issues. Fifth, take advantage of the hegemony of the US dollar to some countries, bonus hunter. Create hot spots, fish in troubled waters in turmoil, plunder the wealth of other countries and make up for the financial expenditure of the United States. Sixth, squeeze NATO member countries and Japan and South Korea, bear more military expenses and pay certain security expenses to alleviate the financial pressure of the United States. Finally, develop the domestic economy, attract a large amount of investment to return, change the hollowing out of industries, and increase the fiscal expenditure of the United States by expanding tax sources.
It is nonsense to say that the United States can wage war to eliminate the debt crisis. Because in that case, the credit loss of the United States has been exhausted, and the dollar debt will become waste paper that no one cares about in the future. In addition, the American people account for most of the total debt. It is estimated that the American people will not agree.
It's quite possible. This is because Americans are bellicose and plunder the wealth of other countries through war. Besides, there are a number of so-called hawkish radicals in the United States. As long as they don't fight, they feel uncomfortable and their hands itch. You see, America went to war that day. Aren't you still fighting in Syria, Afghanistan and other countries? You see, where there is war in the world, there are Americans. This is inseparable from their national policies. There really should be that sentence: a gun sounds like gold! As long as it is good for America, others don't care if they are dead or alive! Don't forget that Donald Trump, the current president of the United States, is not promoting America first? The fastest and best way to keep the first place is war. Because the United States has the most advanced weapons, the richest war experience and the largest number of troops stationed in other places. The aircraft carrier battle group ranks first in the world. It can fight all over the world and reap profits. When the war begins, America can sell arms and weapons! It's a good opportunity to get rich! Why not?
The foreign debt of the United States is as high as $22 trillion, and the average share of each American may be around $20,000. China is the largest creditor of the United States.
Will the United States settle accounts with war? In the end, this possibility cannot be ruled out. Because judging from what the United States is doing now, it pursues the robber logic of "American priority" and "American interests first", ignores the sovereignty of other countries and forcibly changes the world situation with sanctions and threats.
If one day, it is really desperate and heavily in debt, it will consider using war to solve it.
This is a saying that many views have always been superstitious. You can be an old lai when you are older, but this has long been impossible, and it is a means that the United States dare not use. A big creditor is his slave, and the United States wants to default without fighting, and then it can come up with a four-party agreement to cover this debt; The other is an American opponent. When he is desperate and other means are not good, he may have this impulse, but that is to die; There is also the largest creditor in his family, which is his own financial enterprise. He can definitely start a war and make sure that no one opposes it.
In fact, the U.S. government now owes more than $5 trillion in foreign debt at most, and the remaining creditors with debts of more than $ 654.38+0.7 trillion are in its own country, most of which are its financial enterprises, which is also the absolute hegemonic field for the United States to plunder the world economy. The government has no money to repay its debts. Can it wage war against domestic financial enterprises that plunder the world's wealth and support its debt economy from collapse? Lao Tie doesn't need to answer this question.
In this case, theoretically, it may have the impulse to default on the big creditor's war, but since the big creditor has the strength to lend it so much money, it is even more powerful to develop its own military defense force to stop the war, and those df 17/2 1/265 thousand kilometers rejected by the anti-intervention areas intercept and destroy the strike force.
The opponent will destroy all aircraft carriers, amphibious assault formations and all land targets within the range by virtue of its defenceless hypersonic and aerial attacks, so that its Raptor Lightning has no place in the range and cannot provide escort for its b52b 1bb2, and enter the first two attacks on the targets within the range. Before reaching the battle position, I accidentally won it in the training state of j20su35j 16, and the ghost was even worse. As soon as I opened the magazine, I showed my true colors, and the 2.4 billion pimple couldn't go back to East Asia and the Western Pacific without it. All its assets here were confiscated, and then 1 trillion creditor's rights were sold, which triggered a debt crisis and turned its dollar into waste paper. How dare this America do this?
Don't be so superstitious about that hegemonic power. Debt-laden giants were beaten into rabbits on the peninsula, mutilated by "monkeys" in Vietnam, caged by guerrillas in Afghanistan, even beaten into fools by polar bears in Venezuela's own backyard and calves by Iran in the Persian Gulf. It turns out that this tiger is made of TMD paper, and it will break with a poke. Who did it wage war against?
Will America's foreign debt be solved by war? This question is a bit beside the point. At present, American finance is maintained by borrowing. Many countries, including China, originally held the most US debt. At present, Japan holds the most US debt, and Russia sells the most US debt to increase its holdings of gold. Now Russian gold reserves rank first, and China is also selling American debt to increase its gold reserves. It is the first place in the world, and their economic interests are really related to the war. So the United States likes to provoke wars and control the military development of other countries. Because if the military development of other countries exceeds that of the United States, it may threaten the military hegemony of the United States. On the surface, controlling nuclear weapons is to safeguard world peace. The subtext is that he wants to maintain his hegemonic position. Why do so many countries still hold American debt, and the US dollar is still the main international currency? For example, international oil must be traded in dollars, and the dollar is still relatively strong. Although there may be other currencies to replace the dollar currency status now or even in the future, there is still a process after all. Therefore, if a country throws out American debt, another country will take over, because the United States also involves the lifeblood of many countries with interests. Maybe one day the United States will go bankrupt, definitely not now.
Some people say that since war can bring benefits to the United States, it is entirely possible for him to wage war. Isn't it possible to gradually solve the external debt problem? The United States is willing to think that the global economy is going downhill. Do you think which country went to war when millet and rifles were added in the past? In addition to picking some small countries to fight, the United States also knows that all big countries are quietly developing their military strength. In the era of nuclear weapons, who dares to start a war at a loss? If we start a world war now, it is not far from the destruction of the earth. America can't solve its foreign debt by fighting!
The US federal government's 22 trillion national debt
It's not a big problem for America.
At present, the national debt rate is 1 10% of GDP.
Among them, 70% of the national debt is purchased by American enterprises and individuals.
After Trump took office,
Vigorously promote tax reduction measures
Increase economic vitality
The American economy is in the process of continuous expansion.
Meanwhile, the United States has the right to issue dollars.
Start the printing press
Inject dollars into the market
It can reduce the pressure of debt.
Americans often do such things.
Therefore, the US debt is far from crisis.
Ling changyuan
The biggest fat in the eyes of Americans is China, but it's not easy to chew. Other poor countries don't want to eat it, only the allies search for the fat and paste of the people.
The United States, which is well versed in modern warfare, is by no means "two thousand gold in one shot", and it will not do business at a loss.
We must be alert to the mole and do our own thing.