中方连抛500亿美债后，美政府正式“关门”了

Core Points - The U.S. government officially announced a shutdown on October 1 due to depleted funds, stemming from failed negotiations between Trump and Congress over budget disagreements [1] - The fundamental reason for the government shutdown is the lack of money, as the U.S. government has been running large deficits and once funds are exhausted, federal departments cannot continue operations [3] - The government typically addresses funding shortfalls by borrowing, but it has reached its statutory debt ceiling multiple times in recent years, requiring Congressional approval to raise the debt limit [3] Debt and Economic Implications - Borrowing does not equate to simply "printing money"; the government issues bonds and borrows from the public and financial institutions through auctions [5] - If bonds are not purchased, the Federal Reserve may absorb the remaining bonds, increasing the money supply and potentially leading to inflation [5] - The government prefers external markets to purchase its bonds to avoid excessive inflation risks and a potential financial crisis that could arise from the Fed becoming the largest bondholder [5] Current Financial Landscape - The current fiscal situation is dire, with many countries and financial institutions hesitant to purchase U.S. debt; for instance, China sold over $50 billion in U.S. bonds in the first seven months of the year [6] - The U.S. government is relying on allies like Japan and the UK to increase their holdings of U.S. debt while reluctantly accepting continued purchases by the Federal Reserve [6] - Trump's reluctance to pressure China into buying more U.S. debt is influenced by China's strong leverage in areas such as rare earths and soybeans, which could lead to severe repercussions if mishandled [6]