美国政府停摆或将放大美元信用危机

Core Points - The U.S. government shutdown has reached its 36th day, breaking the previous record for the longest shutdown [1] - The shutdown is a result of the failure to pass a temporary funding bill, which requires congressional approval for federal spending [1] - Historical patterns show that government shutdowns often stem from disputes over healthcare, social welfare spending, and immigration issues [2] Group 1: Government Shutdown Context - The current shutdown is primarily driven by disagreements over healthcare and welfare spending, with significant implications for millions of Americans [2] - The 1974 Congressional Budget and Impoundment Control Act mandates that federal spending must be authorized by Congress, leading to shutdowns when funding is not approved [1][2] Group 2: Economic Implications - The U.S. federal debt has reached nearly $40 trillion, with a debt-to-GDP ratio of 126.79%, significantly exceeding the IMF's warning threshold of 90% [3] - The ongoing political stalemate over spending is exacerbating the fiscal deficit, potentially leading to a cycle of debt crises, government shutdowns, and economic stagnation [3] Group 3: Market Reactions - The prolonged government shutdown has contributed to rising gold prices, as investors seek alternatives amid declining confidence in the dollar and U.S. Treasury bonds [4] - The shutdown has prompted a negative response in U.S. stock indices, indicating market concerns over the economic impact of the political deadlock [4]