From History to Truth: Unraveling the Mystery of the U.S. Treasury Debt.
U.S. Treasuries: Warnings and Opportunities.
The U.S. Congressional Budget Bureau recently issued an early warning that the U.S. national debt will end the year at 99% of its GDP, which is another new record. The U.S. Treasury doubled in the five years from late 2018 to the end of 2023, from 161 trillion to 337 trillion, that's interesting. This shocking number gives us a picture that cannot be ignored, but the truth is far from it. Not all of the U.S. national debt comes from foreign creditors, with 77 percent of the national debt owned by locals and companies, while only 23 percent are foreign. Worryingly, overseas holdings of U.S. debt have also changed significantly in recent years, with China's holdings declining sharply, while some European and American countries, such as Japan and the United Kingdom, have become the largest creditors of the United States. Despite the large amount of debt, US officials remain optimistic because they believe that debt will not be a problem, but will lead to a wealth of opportunities. They believe that the United States can afford to pay its debts and invest in a low-interest environment, which will lead to more jobs and more profits. This optimism reflects the fact that the United States has been committed to addressing its debt problem in the past and has taken a proactive approach.
From History to Truth: The Truth of Indebtedness.
Until 1912, China had been under the control of the Manchus, oppressed by Western countries, and subjected to a long period of colonial plunder. The Qing court tried to replace the conventional ** with gold, so it excavated vigorously, accumulating more than 140 tons, more than Britain at that time. However, with the Chinese Revolution in 1911, which overthrew the rule of the Qing Dynasty and established China**, this change also affected the face of the world. China's financial situation is grim, domestic and foreign difficulties, and it urgently needs money to maintain its rule and resist foreign aggression. At the suggestion of the United States, China** adopted the silver standard based on **, and used its holdings as collateral, and its borrowings were secured by its gold holdings. This debt agreement, which originated from the agreements signed with the United States, Britain and France before the fall of the Qing Dynasty, called for the issuance of "Chinese public bonds", that is, each kind of national debt was guaranteed by a considerable amount of **, and during the period 1924-1938, loans were continuously issued from foreign banks to ** countries. So far, though, the details of this arrears remain a mystery.
The Mystery of Indebtedness: Historical Legacy and Practical Dilemma.
From 1933 to 1945, it is said that China spent more than 100 tons of ** in order to repay its debts, but this amount has not been confirmed. In 1949, the civil war was in full swing, the Chinese army was defeated, and the Kuomintang troops withdrew to the island of Taiwan and established the People's Republic of China. When the Chinese authorities fled to Taiwan, they took with them some documents and gold, which is estimated to be between 1135 and 115 gongs. China and the United States shook hands and signed the "Sino-US Joint Communique" in 1979, establishing the "one-China" principle. However, on this basis, the United States** held China responsible for China's liabilities and claimed compensation from it. In 2001, a self-proclaimed Chinese** creditor who borrowed from the United States from 1912 to 1938 was formally established. This ** claims to have a $1 trillion Treasury bond, but in addition to debt, there is also interest. The creditor cited the "British precedent" that at the time of the handover of Hong Kong in Hong Kong, the United Kingdom had asked China to repay Taiwan's debts first as a ground for claims against China**. Although China rejected this unreasonable request, it did not directly deny it, which gave the United States and China a reason to settle their debts and let Chinese mainland repay the United States debts according to previous practice. All of this complicates the debt problem.
The political struggle behind the debt dispute.
Britain and the United States have always been good at creating confrontation, stealing gold, weaving a web of debts, and finally dumping the debt on others and then slipping away. In the long years, I don't know how many despicable things have happened, Britain and the United States have hidden in the dark, deceived the world, and used sentient beings. A series of things have exposed its ** nature, especially the reflection on historical tragedy. Against this background, clarifying the entanglement of "debts" and restoring them to their true colors is a rather arduous task and an indispensable task.
Overview and prospects.
America's debt is quietly increasing, and the clouds of past debt have not dissipated. In dealing with the issue of liabilities, one should not adopt a "one-size-fits-all" approach, but should evaluate and deal with it carefully. In the course of this era, the injustices of Britain and the United States have highlighted the complex political and international relations between countries. In order to resolve this series of debt disputes and pay off the true history, it is necessary to achieve real liberation and reconciliation on the basis of putting aside personal interests and eliminating contradictions between the two sides. If you want to get out of this road, you need to discuss and be more reasonable, so that you can get out of the predicament, get out of the predicament, and get out of the bright future.