Speaking of which, the debt problem of this United States is really a big headache! In September, United States' massive $8.9 trillion national debt will mature. This is not enough, if Trump returns to the White House, the interest rate on the dollar will continue to be high, and the financial pressure will be even greater. No, even the Federal Reserve is starting to waver, and the interest rate cut policy is hanging. The more I think about this, the more worrying I become!
Let's start by looking at the whole debt. First of all, the size of the national debt of United States is not covered, as high as 8.9 trillion dollars, and a single zero cannot be counted. This debt is like a time bomb, and once it expires, the consequences are not a joke.
Let's talk about Trump, if this boss really plans to go back, then what a big U-turn in the direction of this policy! The last time he was in power, he did a lot of things, and the tariff war was hot, and if he went on again this time, it would probably be a good show. Trump also let go, saying that if he sat back in that position, he would have to deal with inflation ruthlessly, and he might have to let the Federal Reserve follow the tight spell, and the matter of interest rates would probably have to go up.
Speaking of the Federal Reserve, it has been a lot of turmoil in the past few months. Originally, the market speculated that the Federal Reserve might cut interest rates to stimulate the economy, but when they saw the situation, these people were also hesitant. This is not only because of the possible return of Trump, but also because the pressure of inflation is also a big rock on the mind. If inflation is really allowed to run, no one can say how long the Fed's high interest rate policy will continue.
While the outside world is nervously watching, the United States financial sector is beginning to feel unprecedented pressure. If the maturity of the government bonds is not properly resolved, it will not only be an economic problem, but may also affect the global financial market.
Let's take a look at what's going on on the election side. Trump's opponent, Harris, if she gets to power, is likely to continue her Biden-era economic policies. But there is also a lot of uncertainty, after all, every decision made by a politician can lead to a big upheaval in the market.
Having said all that, you may ask, what does this have to do with us? Let's put it bluntly, both the debt problem and the Fed's policies may affect our pockets in the end. Yes, whether it is through the exchange rate or through the fluctuations of the global economy, we may finally feel the warmth and coldness of this series of policies.
Don't forget, now that the global economy is so tight, when the United States sneezes, other countries may catch a cold. Therefore, this matter is really not a trivial matter. Let's wait and see what kind of drama will be performed on this ever-changing international stage.