U.S. Government Shutdown 34 Days! The U.S. would rather shut down than issue debt, with $41 trillion in U.S. debt looming, the cryptocurrency circle faces a life-and-death situation in November!
Only 1 day remains until the 35-day longest government shutdown record created by Trump is broken. As of November 3, the U.S. federal government shutdown has entered its 34th day, with the Senate rejecting the House's funding proposals 14 times. Trump declared in a (60-minute) interview, 'I will never compromise with the Democrats,' and this political deadlock is racing towards the 'longest shutdown in history.' But what is even more terrifying than the shutdown itself is the underlying core contradiction: the United States would rather let 800,000 federal employees go without pay, stop updating economic data, and suspend public services than rely on issuing debt to fill the fiscal gap. As the $41 trillion in U.S. debt approaches the $45 trillion collapse threshold, as U.S. stocks teeter at historic highs, and as the Federal Reserve's interest rate cuts are stalled by a data vacuum, a storm sweeping through the global financial markets is already brewing.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.