[Alarms Sound Again! Trump Warns: US Federal Government May Shut Down Again at the End of January]
Shortly after the end of the last 43-day shutdown, the two parties in the US are once again deadlocked over the budget. It has been revealed that current government funding can only last until January 30th. If the two parties cannot reach an agreement before then, the US will face another government shutdown crisis.
🔍 Core Disagreements and Background
· Democrats want to extend the Medicare subsidy policy to ensure healthcare coverage for over 20 million people;
· Republicans insist on cutting government spending, taking a hard line on fiscal issues.
This deadlock arises against the backdrop of multiple pressures on the US economy: GDP growth is expected to be only 1.4%, inflation remains at 3.1%, and the unemployment rate has risen to 4.6%, indicating a "stagflation" trend. If a government shutdown actually occurs, the economy and social operations could face further pressure.
📉 Review of the Last Government Shutdown's Impact
During last year's shutdown, the US economy lost approximately $11 billion, over 40 airports across the country experienced widespread flight disruptions, ports suffered severe cargo backlogs, and both daily life and business activities were significantly disrupted.
💡 Potential Impact on Markets and the Crypto Sector
Government shutdowns often exacerbate uncertainty in financial markets, potentially leading to increased volatility in the US dollar and decreased stability in US stocks and bonds. Historical experience shows that during periods of turmoil in traditional financial markets, some funds flow to asset classes considered safe havens or alternatives, such as Bitcoin. If a shutdown occurs, the crypto market may experience complex changes in short-term sentiment and fund flows.
With only weeks left until January 30th, whether the two parties can reach a compromise in the political maneuvering ahead of the midterm elections remains uncertain.
Do you think the US government will shut down again this time? If it does, how do you think the crypto market will react?
(This article only summarizes and discusses publicly available information and does not constitute any investment advice.)
