Yellen is not in a good account, the United States plans to confiscate 300 billion Russian overseas

Mondo Finance Updated on 2024-01-31

In the turbulence of the global political and economic situation, the United States is looking for new ways and means to stabilize its position and interests. Taking advantage of the dispute over Russia's overseas assets, the United States intends to "confiscate" Russia, a move that has aroused strong concern and questions from the international community. At the same time, China has also deeply thought and reflected on this incident, whether it should empty its hands of US bonds. Against this background, this article will discuss the possibility of the US "seizure" of Russia's overseas assets and China's emptying of US bonds.

Against the backdrop of the Russia-Ukraine war and the escalating Palestinian-Israeli conflict, the United States is trying to use its power to "confiscate" Russia's overseas assets. This move has aroused widespread concern and doubts from the international community. According to reports, the Central Bank of Russia has about $300 billion in assets in the United States and European countries, of which about $5 billion is in American institutions, and the remaining assets are scattered in European countries, such as Switzerland and Belgium. The United States has used its hegemonic position in the global financial architecture to regulate and sanction international countries through a series of unreasonable means, thus gaining the ability to manipulate and interfere in the assets of other countries.

This act of the United States has aroused condemnation and concern from the international community. After the Taliban took control of Afghanistan, the United States** froze $7 billion of the Afghan central bank's overseas assets and divided the property into two, half of which was used as compensation to the families of the victims of the "9/11" incident, and the other half was used for humanitarian aid. However, instead of taking responsibility for resolving the humanitarian crisis in Afghanistan, the United States has blatantly plundered the assets of the Afghan people. This kind of behavior undoubtedly reflects the essence and inferiority of the United States as a bandit. If the United States were to use its power to "confiscate" Russia's overseas assets, it would provoke a harsh response from Russia and would be condemned by the international community. America's credit will collapse completely, and the global financial architecture will be undermined.

As the U.S. uses hegemonic means to interfere and plunder other countries intensifies, China continues to sell off its holdings of U.S. bonds. According to the data, China has been holding only $769.6 billion in U.S. bonds for seven consecutive months. However, the U.S. is still on the debt ceiling, and Treasury Secretary Janet Yellen has explicitly rejected the Republican proposal to prioritize debt repayment, because doing so would make China the first country to be repaid, which is too risky. Now it seems that China's ** actions are wise, because the United States has shown its unscrupulous side, doing whatever it takes to defeat its opponents.

The "seizure" of Russia's overseas assets by the United States and the Chinese ** US bonds have provoked me to think deeply about the international political and economic landscape. In this era of globalization, conflicts of interest and competition between countries are inevitable, but how to solve problems in a fair, peaceful and cooperative manner is an important test for the global governance system. As a self-editor, I feel a great responsibility, and I will strive to search for and deliver more fair and objective information, help readers better understand and pay attention to international affairs, and provide readers with personal insights and reflections to provide reference and inspiration. I am confident that it is only by working together that we will be able to build a more just and orderly international community.

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