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Wen I dreamed of the night nine songs
Edited I Night
At this moment, let go of the things you don't want to care about when you're unhappy, and enjoy your happy time
Because the United States has been fighting wars for many years, their military spending has been increasing every year, and in order to obtain more military spending, the United States sells US bonds to the world, and China is one of the largest holders of US bonds.
As a result, some American netizens raised questions, and he said on the American version of Zhihu Quora: "If China sells all 1 trillion U.S. bonds, what will happen to the dollar?"
You must know that the U.S. economy is expanding at an accelerated pace, and if the mainland really sells off all the trillion-dollar U.S. bonds, it will have a huge impact on the U.S. financial market, and the U.S. stock market may also collapse as a result.
Not only that, but the dollar will also be affected, and international trade will be implicated as a result, which is fatal for an export-dependent country, and as we all know, the US finances have been under tremendous pressure.
The United States has spent a lot of tax revenues on the war, but despite this, the United States has not filled the hole, and if the US debt is sold, the US fiscal deficit will further expand, and over time, the superpower may cease to exist.
A detailed count of what the United States has done over the past few years shows that they are either fighting a war or on the way to a war, because only in this way can the United States properly safeguard its hegemonic status, and the United States exercises hegemonism throughout the world, especially the sanctions against the mainland are even more serious.
China has been developing for decades, and now its status is second only to the United States, whether it is technology or economy, it has the momentum to catch up with the United States, and perhaps in the future, China can become the next superpower, so the United States began to impose sanctions on China for several years.
In addition, the United States has always been interfering in its internal affairs, and the United States does not want cross-strait reunification on the Taiwan issue, and in the face of what the United States has done, many countries believe that China should sell off its US bonds in a timely manner in order to counter US sanctions.
So in the face of questions from American netizens, many people also commented below, and one of the American netizens replied like this, where can China put the money it earns from us, you must know that this is a lot of money.
Now who else can we borrow such a large amount of money from us but China, the US national debt has exceeded GDP, and there is a dependency between the two, so we have to continue, and once China sells US bonds, then the US economy will be greatly affected.
But despite this, we are not afraid that China will sell US bonds, because the US can play a rogue and refuse to repay its debts when the time comes, and freeze all their assets here, which will cause serious problems for both sides.
Later, another British netizen said that I think China should sell all US bonds, because the US economy is too inflated, because of the war, the United States has sold a lot of US bonds to the outside world, and with the increase of US bonds, the US economy will be shaky.
The U.S. has been preventing the economic collapse from happening, so the U.S. dollar can continue to inflate so that the U.S. government can use the inflated money to pay off China's debts, and I think the U.S. should manage their economy better than continue to fight.
Immediately after another foreign netizen commented, you don't know anything about the wisdom of the Chinese, China never loses money in this regard, and the benefits of holding US bonds in China are far more than the benefits of selling US bonds.
If China sells all its U.S. bonds, then China's economy will be affected, so China is not stupid, they won't do thankless things, and the amount of U.S. debt held by China is huge, and it's not that others owe money to themselves.
As the world's largest economy, US Treasury bonds are considered the safest investment, and although the US dollar's credit has fallen and it has also been particularly inflated, this does not prevent US bonds from being the safest investment.
Although the U.S. debt is safe, the U.S. economy is suffering a huge impact, and the U.S. has been in a state of war, and the cost of the war is quite huge, which is like a bottomless pit.
As a result of the massive war spending, the United States has no money left over for infrastructure construction, so many people in the United States are dissatisfied.
Later, another American netizen said that in fact, China's holdings of U.S. debt are decreasing, and the United States has abused sanctions to call into question the security of its holding of U.S. debt, and the United States has imposed sanctions on many countries.
The most notorious thing is that during the war in Afghanistan, the United States directly froze 900 million Afghan assets in the United States, which made the credibility of the United States plummet, and if the United States did something similar, perhaps no one would buy American bonds.
China, as the largest holder of U.S. bonds, must also understand this truth, the United States' shameless behavior harms the interests of others, and if the United States and China have a conflict in the future, then the United States will not do the same.
Just like the freezing of assets in Afghanistan by the United States, it is simply a rogue act.
As inflation in the United States continues to rise, it will also have an impact on the quality of life of its citizens, causing dissatisfaction among the people, so if the United States continues to allow its national debt ceiling to continue to rise.
As a result, if they do not adjust their own country's economic system, sooner or later they will also suffer the consequences, so China needs to continue to develop and continue to enhance its voice in the international market.
It is believed that the mainland will become stronger and stronger in the future, and the people's lives will become happier and happier.