Kunpeng Project
The U.S. pays 13 percent of its annual debt interest on its income, exceeding the warning line
The U.S. financial crisis.
The United States' growing budget conflict, its high debt and its interest rate on its national debt, which already exceeds one-third of its annual income, are also a concern. In the last one to two years, the US budget has exceeded 2-3 trillion, and its liabilities are growing rapidly. On the fiscal front, the ballooning fiscal deficit has become a major burden on the US economy, and solutions must be found.
* Spending has exceeded taxes and debt is rising, and in order to prevent an economic crisis, we urgently need to borrow and other means to cover the fiscal shortfall. U.S. allies can act as "payers" to help mitigate the financial crisis. Moreover, as interest rates on government bonds continue to rise, the reduction of the fiscal deficit is becoming more and more urgent.
1. The reaction of the United States to fiscal pressure.
With so many financial problems in the face, the United States** may have to take measures that are different from those taken in the past. First of all, finding access to loans has become an urgent issue. Only by constantly borrowing can we make up for the deficit and make the company operate normally. Second, taxing abroad may be a viable option, but this is not easy given the fact that the plutocrats and plutocrats in the United States are firmly in control of power.
2. The game between interest on debt and military spending.
Interest on the national debt and military spending have become the heaviest "burden" for the United States, and their development has put tremendous pressure on the finances of the United States. Huge military expenditures have already accounted for nearly half of the freely available finances, which makes it very difficult for the United States to run its daily business.
U.S. Finance and Diplomacy.
The financial difficulties faced by the United States are of great significance not only to its own economy, but also to its foreign policy. As the United States grows in debt and becomes more vulnerable in the world, it is likely that it will put its own interests first.
1. The impact of debt on the international situation.
America's debt problems will put it in an embarrassing position around the world. To mitigate the financial crisis, the United States will likely have to borrow from abroad, which will make it dependent on the world economy. Such a move could complicate relations between the United States and its creditors, and the United States may make more concessions to put its own interests aside.
2. International cooperation and economic assistance.
In the face of a fiscal crisis, the United States may have to rely on international cooperation to save its economy. The European Union, Japan, South Korea, Australia, Canada are all countries and regions with U.S. aid targets. But at the same time, because of its financial difficulties, the United States' voice in the negotiations will also be weakened.
The current political and economic situation of the two parties.
The political struggle between the two major parties in the United States will also become more acute because of its financial problems, and on this issue, the confrontation and struggle between the two parties will become more intense. Both parties may revise their financial policies accordingly to match the current situation.
1. The Republican Party favors monetary policy.
Faced with financial difficulties, Democrats are likely to take more drastic measures, such as acquiring more wealth from allied countries, to cover the deficit. They prefer to use some simpler and crude methods, such as extortion to get more tax revenue, in order to alleviate the financial crisis in the United States.
2. The political positioning of the Democrats.
Democrats may be more willing to reduce the fiscal deficit by increasing social benefits and increasing spending. However, in the current situation, this will become more difficult as no additional expenses can be provided.
Brief summary. The financial crisis in the United States is in danger, and rising interest rates on debt are a huge burden on their finances. In the face of financial difficulties, the United States had to seek a realistic way to prevent the collapse of its financial system. In international relations, the United States may be forced to make certain compromises because of its financial difficulties. In bipartisan politics, both parties make corresponding changes to their financial policies. For some time to come, the biggest issue facing the United States** will be how to effectively reduce its financial burden.