智通财经APP获悉，摩根大通的戴维·凯利本周警告称，美国虽正"走向破产"，但这一过程足够缓慢，尚 未引发市场恐慌。目前美国国债已突破37.8万亿美元，利息支出超1.2万亿美元。凯利指出，即便经济保 持温和增长，已达99.9%的债务占GDP比率仍可能持续攀升。尽管关税收入能带来一定缓解、赤字压力 暂时减轻，但他提醒，政治决策变动或经济放缓都可能迅速恶化财政状况，因此建议投资者在"缓慢破 产"加速前，分散投资以减少对美国资产的依赖。 是乐观，还是天真? 凯利指出，短期内，普通投资者或许有理由保持乐观。例如，他提到关税收入已实现可观规模(据白宫 数据，8月关税收入达310亿美元);此外，国会预算办公室与"负责任联邦预算委员会"近期估算显示， 2025财年美国赤字占GDP比率将从去年的6.3%降至6%。 债务占经济增长比重的下降，是美国债权方关注的关键指标。一个国家的债务占GDP比率，是衡量其偿 债能力或需以更高利率发行债券的重要依据。 但凯利警示："有必要仔细审视这一数据。目前公众持有的联邦债务总额已接近30.3万亿美元，按我们 估算，约占GDP的99.9%。在此基础上，若未来名义GDP增速维持在4.5%左右(含2 ...

每经AI快讯，美国政府债务规模仍在快速增长。数据显示，截至当地时间11日中午12点，美国国债总 额达37.85万亿美元，这相当于每个美国人平均背债超过11万美元（约合人民币78万元）。对此，美国 知名投资人、桥水基金创始人瑞·达利欧10日在接受彭博社采访时表示，美国债务正处于非常危险的拐 点，不久的将来美国可能会遭遇"经济心脏病发作"。（央视财经） ...

每经AI快讯，上周外国央行持有美国国债减少44.45亿美元，前值减少189.93亿美元。 ...

【卫星通讯社根据美国财政部和俄罗斯财政部的数据计算得出，美国国债在"跨越"财年期间创纪录地增 长了约3580亿美元，接近俄罗斯的主权债务规模。】 美国联邦政府的财政年度为10月1日至次年9月30日。在上个财年的最后一天，美国国债规模增长1310亿 美元，而在新财年首日猛增2265亿美元。至此，美国国债总额达到创纪录的37.86万亿美元。 这意味着此次财年更替成为美国国债史上最昂贵的"跨年"。在去年财年伊始，美国主权债务在两日内增 加3476亿美元，前年为3157亿美元，2022年则为2525亿美元。 增长主要来自政府对内部机构的债务，这部分增加了2660亿美元。同时美国对个人、企业和其他国家的 债务增长约917亿美元。 作为对比，截至9月1日，俄罗斯国债总额为31.2万亿卢布（约3880亿美元），仅比美国此次债务增加额 高8%。 ...

根据美国国会联合经济委员会(JEC)债务数据显示，目前美国国债已达37.9万亿美元，在过去一年间以 每秒69,890美元——即每分钟近420万美元的速度增长。根据Worldometer数据统计，这相当于每日增长 规模高达60亿美元——超过全球30多个国家的国内生产总值。 ...

Group 1 - The core issue is that the United States, despite being the world's largest economy, has accumulated a national debt of $34 trillion, which exceeds its GDP of $27.37 trillion, making it impossible to repay the debt even if all citizens stopped spending for a year [1][10] - The U.S. government plans to allocate 3.1% of its GDP, approximately $870 billion, to pay interest on this debt, which is higher than the defense spending for 2024 [1] - The U.S. has been able to sustain its military power and operations, including maintaining 11 aircraft carriers, despite this massive debt burden [1] Group 2 - The U.S. national debt has grown significantly due to the government's reliance on issuing bonds to finance its operations, with annual issuances ranging from $500 billion to $600 billion, attracting global investors [4] - China and Japan are the largest foreign holders of U.S. debt, with China reducing its holdings from over $1 trillion to $859 billion [6] - The U.S. has engaged in significant monetary expansion since the COVID-19 pandemic, leading to inflation and a devaluation of the dollar, which has affected the value of foreign-held U.S. debt [8] Group 3 - The U.S. government is expected to increase its national debt to $48 trillion by 2034, which would represent 116% of its GDP, indicating a reliance on borrowing to manage existing debt [10] - Historically, U.S. national debt has been used as a tool for economic growth, dating back to the Revolutionary War, and has been a primary source of funding during conflicts [14][19] - The U.S. has established the dollar's dominance in the global economy post-World War II, allowing it to finance its debt through international demand for U.S. bonds [17] Group 4 - The U.S. economy is heavily dependent on its military strength and the global demand for its national debt, creating a cycle of borrowing to sustain economic operations [21] - This "debt-driven" model has positioned the U.S. as the largest global debtor, raising concerns about the sustainability of this economic strategy [21][22]

抛售高达1.6万亿美元的美债，美联储站上风口浪尖；政府即将关门，80万人或将停薪，国会迟迟无法 达成协议；特朗普亲自出马，准备与四大领袖摊牌。 白宫下令联邦机构起草大规模裁员计划，一场制度与市场的双重崩塌悄然逼近。 拨款僵局中的停摆装置 国会拨款案在 2025 年 9 月中旬进入紧张对峙期。 参议院否决一项短期拨款延续法案，令联邦政府运营面临断裂边缘。财政资金将在 9 月 30 日午夜枯 竭。立法与行政之间的裂痕迅速暴露。 国会两党纷纷将责任归咎对方。共和党议员强调必须先通过短期法案以防止政府关闭；民主党阻击，仅 愿在法案中加入医疗补贴与社会项目条款。参议院多数票标准高企，使得短暂方案难以通过。 白宫预算办公室发出内部通告，要求联邦各部门启动拨款中断应对方案。多部门被指向编制"裁员或人 员缩减"预案，以应付可能的运营中断。这在过去几次停摆中少见。政府机构内部紧急动员，清点优先 任务、暂停新项目、压缩支出。 航空、交通、司法、科研、公共卫生、社保、政府补助等多个功能区进入预警状态。部分联邦合同将被 暂缓履行。机场、交通枢纽等涉及联邦资助的基础设施部门暗中评估人员短缺风险。若停摆发生，最先 被感知将可能是这些公共 ...

Group 1 - The article discusses the historical and political influence of Jewish groups in the United States, asserting that they have significantly shaped U.S. support for Israel and its foreign policy in the Middle East [3][4][6] - It highlights the establishment of the Federal Reserve by Jewish families, indicating that the U.S. government lacks control over monetary policy and is indebted to the Federal Reserve [4][5] - The article claims that Jewish capital has created a network of influence in U.S. politics, media, and military, which ensures unwavering support for Israel [6] Group 2 - It mentions that the U.S. national debt is essentially money owed to the Federal Reserve, which is controlled by Jewish interests, and that the government repays this debt through taxes and bond issuance [5][6] - The article emphasizes the role of Jewish capital in shaping electoral outcomes and media narratives, suggesting that any opposition to Israel is met with severe political repercussions [6] - It concludes with a warning about the potential consequences for Israel if it continues its military actions without regard for global opinion [6]

Core Insights - The "Phoenix Bay Area Finance Forum 2025" was held in Guangzhou, focusing on the theme "New Pattern, New Path" and gathering global elites from politics, business, and academia to explore development opportunities amidst changing circumstances [1] Group 1: Digital Currency and Stablecoins - Hong Kong University Vice President Wang Yang delivered a keynote speech on the impact of the recently passed "Genius Act" on the stablecoin landscape [3] - The act has sparked global interest in stablecoins, driven by curiosity about their potential and concerns about missing opportunities if the U.S. aggressively promotes them [3] - Wang Yang identified two core strategic intentions behind the U.S. push for stablecoins: 1. To create a new demand market for the massive national debt, which has surpassed $31 trillion and is expected to reach $34 trillion within the year, thereby alleviating debt pressure through stablecoin issuance [3] 2. To establish a "Dollar Hegemony 2.0" by legalizing and strictly regulating dollar-backed stablecoins, which currently dominate over 99% of the on-chain stablecoin market, reinforcing the dollar's global dominance [3]

现在官方确认，美国联邦政府债务规模总额首次超过37万亿美元，又一次创造了新纪录，现在每一个美国民众的头上都背负着超过10万美元的债务。每年的 利息支出超过1万亿美元，可以说美国现在完全到了发新债还利息的程度了，为了维持国债信用不崩盘，到期的国债兑付和利息支出，只能用发新债做唯一 解决方案。这已经进入到"庞氏骗局"崩盘前的最后阶段了？ 专业分析，未来美国国债规模还会继续增加，主要源于2大因素，第一就是美国财政状况收支严重不平衡。社保支出，国债利息、医疗支出，军费是美国政 府四大开支，而且这四项开支都是刚性的，很难被缩减，也就意味着联邦债务有可能会持续增加。第二就是利息支出越来越多，这部分的资金来源已经无法 解决，只能不断发规模越来越大的新债筹集资金。 其实此次国债规模创新高，还是特朗普引发的，因为他在7月4日签署了《大而美法案》，为了落实政策，再一次提高了美国政府债务上限，之后在短短37天 内，美国国债总额就激增7800亿美元，日均增长220亿美元，平均每秒增加5.5万美元。当然这个法案最大的批评者就是特斯拉的马斯克，他持续在抨击，但 是一点效果都没有。 在没有马斯克的掣肘之后，特朗普抛出了他的史无前例的《大而 ...