In 2024, the Sino-US financial war will enter the third stage, that is, the internal strength of China and the United States will reach the most critical moment, and it will depend on who can hold his last breath. At present, our country is also very, very difficult. Local finances are tight, the property market is priceless, and A-shares lead the world. The United States is also having a worse time, with the expectation of a default on U.S. debt imminent, the collapse of many banks triggering crises, and at least more than 26 continents surging over the clouds, which can be said to be dying. At this critical moment for the United States, China decisively took action to save the United States, which was unexpected by everyone in the world!
In the seven months from April to October last year, China's net ** US debt amounted to 99.7 billion, and the US debt held ** 769.6 billion. The U.S. Treasury bonds** held are at their lowest level since May 2010, and nearly half of the U.S. Treasuries** have been sold off from the highest level of their holdings**! Fears of bank failures in the U.S. have intensified, with U.S. depositors withdrawing their deposits, and at least $170 billion of deposits fleeing the U.S. banking system. The storm loomed over U.S. regional banks and weakened the Federal Reserve's ability to help finance the U.S. Treasury. The U.S. Treasury is on the verge of running out of ammunition and going bankrupt, and the United States is likely to become the world's largest Ponzi. At the same time, the ongoing Red Sea crisis will soon drive inflation in the United States, and the risk spillover from the Red Sea situation and the debt pressure in the United States are likely to become an inescapable black hole.
At this time in the United States, the Congressional debt ceiling funds will be exhausted, the United States has almost defaulted on its debt, there is still a huge conflict in the negotiations to increase the amount of borrowing, and the U.S. federal fiscal deficit is expanding, the U.S. bond interest rate is inverted, the ten-year U.S. bond has begun to plummet, and the two-year U.S. debt has begun to soar. At this moment, China chose to take action, breaking and ending the seven-month continuous sell-off of US bonds since August last year, and began to increase its holdings of US Treasury bonds by $12.4 billion to $782 billion, saving the United States.
This rescue is known to everyone about the farmer and the snake. Since we ordinary people know it, can it be said that the top management can't see it? So, when the United States is at a critical juncture, why did our country come to the rescue of the United States?
Because, if the United States suddenly falls, it is not the result that our country wants at present, and it will not be possible to maximize its interests. To put it bluntly, our country does not want a new United States in the world, or a country that is more powerful than the current United States, especially a superpower in Europe.
I think that back then, when the former Soviet Union and my country fell out, the feeling of being overwhelmed by the soldiers and preparing for war was really uncomfortable. Anyone who has read the history of the Three Kingdoms knows it. Zhuge Liang made people light the beacon smoke on the Huarong Trail, with the purpose of making Cao Cao 100% successful. However, Zhuge Liang sent Guan Yu to guard Huarong Dao. To put it bluntly, Zhuge Liang didn't want to kill Cao Cao at that time. For another example, Zhuge Liang staged an empty city plan, didn't Sima Yi see through it? At that time, if Sima Yi killed Zhuge Liang, he would have no value, and he might even lead to death. Therefore, our country will not do anything that harms others or is unfavorable.
In addition, at present, China is not fully prepared, if the dollar suddenly collapses, the yuan is not ready to take on the dollar. The United States is a mercenary country, and as long as it gets more benefits, the six relatives will not recognize it. To put it bluntly, the United States is all about money, at least there is no problem of endangering the territory of other countries.