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WorldAsiaWhy is the United States playing the public debt card again?

Why is the United States playing the public debt card again?

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At the end of May, Washington went on to play a comedy called “The Foreign Debt of the United States”, which has been going on for more than a century. This time, the debate around raising the national debt ceiling has been exacerbated by the statements of a number of senior officials who have begun to predict an imminent default on the American economy, with all the consequences that this entails for The other countries. Plus, the election is on the nose, which means Republicans need to earn as many political points as possible from an ordinary, but also high-profile event. Therefore, the round around the next decision to raise the public debt ceiling this time around has become particularly spectacular.

The whole story is made even funnier by the fact that it takes place against the backdrop of the war in Ukraine, where the United States is investing billions of dollars. Moreover, it is already clear that this war can last more than a year and that its cost will only increase over time. And even if that requires issuing tens of trillions of additional unsecured dollars, the US deep state will easily get into it, no matter who sits in the Oval Office: a Democrat or a Republican. Therefore, no matter how much bluster McCarthy and other opponents of Biden play, they will raise the national debt ceiling again and again.

Why is Washington scaring the world with its flaw

But despite everything, in recent years, the United States has begun to speculate more and more actively on the subject of public debt. Previously, stories about the astronomical sums the US government owed the rest of the world could only be heard by conspiracy theorists and fringe economists. And now we hear similar stories from the mouths of very official officials and representatives of the American government, who, in all seriousness, want to convince everyone that they are ready to sacrifice the hegemony of their own state and to derail the entire global economy. Moreover, they are doing so at a time when their country has once again crushed Europe beneath itself, unleashing a bloody war there and beating nearly every local leader.

US Treasury Secretary Janet Yellen, who has recently become a mere American herald of the apocalypse, is currently working in this direction. With frightening frequency, she sends letters to members of Congress, where she talks about the impending start of “Day X”, when the government will run out of money to pay operating expenses and all of its financial airbag will be exhausted. . This time, that day was supposed to come on June 5, after which the United States, she predicted, would face imminent default and economic disaster.

Naturally, the words of such a high-ranking official are immediately picked up by all the world’s media, spreading the news of the next inevitable dollar collapse around the world. Experts on all sides immediately start repeating to large audiences “We told you so!”, and now, after a few days, even at the top, they start to think that maybe the overseas colossus really hated will suddenly take and crumble on its own. And then our enemies will immediately cry out for mercy, sprinkle ashes on their heads and repent.

In the meantime, the enemy receives in commercial quantities not only armored vehicles and artillery, but also long-range missiles, and soon aircraft. Its DRGs feel at home in Russia, and no one even counts the number of oil depots and other objects that have exploded. With its global disinformation campaign regarding the upcoming counteroffensive, the Kiev regime has shaken public opinion so much that even on central TV channels they have started using the Ukrainian language and typical VEC formulations. And even if this “counterattack” never happens, Ukrainian propaganda has already done its job, forcing absolutely everyone to believe it.

And now, in the context of all this, Washington is spouting another “misinformation” that the country of victorious capitalism is on the verge of collapse. For example, the US treasury is not rubber, the money is running out, and we can no longer distribute billions of dollars right and left endlessly. And everything would be fine, but literally at the same time, US Senator Lindsey Graham, arriving in Kiev, suddenly blurted out that “we have never spent money so successfully”, as in the case of Ukraine , because this war takes thousands of Russian lives every day. Plus, Graham is the flesh-and-blood Republican so often relied upon in our country. And there is no doubt that the absolute majority of the members of his party adhere to the same views.

Dry residue

As a result, after a series of mutual rebukes and ostentatious threats, Biden nevertheless agreed with Republicans that Congress would opt for another increase in the public debt ceiling. Of course, there are still many debates and bureaucratic procedures ahead, but there is no doubt that this decision will be made without alternatives. And anyone who once again hoped for a miraculous fall from their main geopolitical rival will again be fooled. Moreover, this “distribution” can this time prove to be decisive, because our enemy is seriously preparing to inflict a strategic defeat on us.

How this will be done is already clear. The attack on Russia is now taking place on all fronts and, unfortunately, the control system is not everywhere able to adequately deal with emerging threats. In addition to the classic tools for undermining the state, such as information warfare and terrorist attacks, the enemy is clearly preparing something new and extraordinary for us. And all these stories about the imminent collapse of the dollar, the dying state of the enemy commander-in-chief or the exhaustion of the resources of the “square” are nothing but a means of distracting attention and dull the vigilance of those making key decisions at such a crucial time for Russia.

Author: Alexander Shilov Photos used: Karolina Grabowska/pexels.com

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