Group 1 - The article discusses China's strategy to counteract the potential financial crisis stemming from the U.S. debt situation, which has reached nearly $29 trillion as of September 22 [1] - Since 2018, China has sold off $183.9 billion in U.S. Treasury bonds, making it the largest seller during this period, while also facing the challenge of maintaining a significant holding of over $1 trillion in U.S. debt [1][11] - The article highlights a broader trend where 28 countries, including Russia, have collectively sold over $2 trillion in U.S. debt since 2017, indicating a loss of confidence in the U.S. dollar [1] Group 2 - The U.S. claims to hold 8,100 tons of gold, but there are growing doubts about the authenticity of this figure, reflecting a lack of trust in the U.S. financial system [3][6] - The article notes that the U.S. has significantly reduced its holdings of U.S. bonds, with Russia holding only $3 billion in debt and over 90% of its U.S. bond holdings cleared [5][11] - The decline in confidence in the U.S. dollar is evident, with its market share dropping from 73% in 2020 to a 25-year low of 59% [8] Group 3 - China is actively increasing its gold reserves as a hedge against the risks associated with U.S. debt, with gold being viewed as a more stable asset in the global market [12][15] - In July, China imported 55 tons of gold, and by September 2021, it had acquired at least 470 tons from international markets, while over 1,250 tons of gold have been withdrawn from the U.S. by various countries [12] - The article emphasizes that if a U.S. debt crisis occurs, the global financial market's confidence in the dollar could collapse, leading to a shift towards gold as the primary medium of exchange [14] Group 4 - The article argues that the internationalization of the renminbi (RMB) is crucial for China to avoid being financially exploited by the U.S., as the dollar's dominance allows the U.S. to "harvest" global wealth [16][19] - Financial sovereignty is highlighted as a critical issue, with the article stating that without it, China risks being manipulated by foreign capital, which could have severe consequences for its economy [18] - The need for the RMB to be accepted as a global settlement currency is underscored, as this would mitigate the risks associated with U.S. monetary policy and its impact on global wealth distribution [19]
原创美国债务危机逼近29万亿,想割“韭菜”,却不知早有2手准备
Sou Hu Cai Jing·2025-05-05 09:23