US Debt Peaks, 186 Banks Are At Risk, UK Media: IMF CEO Wants China To Reduce...

The Wall Street Journal of the United States reported on the 18th that economic research experts assessed the asset losses of individual banks. In the process of the Federal Reserve increasing interest rates, with the new bond interest rates higher, the value of U.S. bank assets, including U.S. treasury bond bonds and mortgages, continued to decline. According to estimates, there are currently 186 banks in the United States in the same situation as Silicon Valley banks and signature banks in the United States. If 50% of depositors withdraw their deposits, their banks will not be able to operate normally. At that time, the Federal Deposit Insurance Corporation of the United States will intervene. Therefore, there are currently nearly 200 banks in the United States that are at great risk of failure. The collapse of two banks in the United States within three days triggered a sharp decline in American bank stocks, which led to the intervention of the US Treasury, the Federal Reserve, and the Federal Deposit Insurance Corporation.
186 banks in the United States are at risk, which is at the peak stage of the US treasury bond. According to the announcement issued by the US Treasury Department, the size of the US treasury bond has exceeded 31.4 trillion US dollars. When the issuance of US treasury bond bonds could not continue, the US Federal Reserve was still raising interest rates, which led to the bank having to sell US treasury bond, in an attempt to reduce losses and also to withdraw funds. The Federal Reserve originally intended to reduce the circulation of money by raising interest rates to curb inflation, but the actual result was to trigger depositors to withdraw cash from banks for short-term investment speculation, leading to the collapse of Silicon Valley banks and signature banks due to lack of funds.
At the stage when the US treasury bond reached its peak, the US Treasury Department and the US Congress played a game. The US Treasury Department asked the US Congress to immediately raise the debt ceiling, but the US House of Representatives put forward a priority payment plan, requiring the US Treasury Department to set the priority of debt repayment. For this reason, US Treasury Secretary Yellen publicly said that China's debt should be repaid first, thus trying to force the US Congress to make concessions, Because confronting China is the "political correctness" of the United States, once linked to China, the United States Congress will have a concerted action. According to public data, China is the second largest holder of US treasury bond. At present, China holds more than 850 billion US treasury bond.
When the US treasury bond reached its peak and 186 US banks were at risk, the President of the International Monetary Fund, Christina Georgieva, would visit China. Christina Georgieva was very optimistic about the US economy. At the beginning of 2023, Christina Georgieva publicly praised the US in American TV programs, claiming that the US could save the economy of one third of the world's countries, And China's role is to drag down the world. At the beginning of the year, the International Monetary Fund gave China a fairly low economic forecast for 2023, with Cristina Georgieva claiming that the epidemic in China would spread like forest fires.
According to information disclosed by British media, one of the purposes of the visit of the International Monetary Fund President, Christina Georgieva, to China is to request debt relief from the Chinese side. During the G20 Finance Ministers' Summit, Georgieva proposed a request for debt relief from China. Western media and politicians frequently associate the debt crisis of underdeveloped countries with China, leading to Georgieva's request for debt relief from China. From 2020 to 2022, the world economy entered a recession stage, resulting in a debt crisis for many underdeveloped countries.
Not only did the visit of IMF President Christina Georgieva raise unreasonable demands on China, but US Treasury Secretary Yellen was also aggressive in demanding debt relief from underdeveloped countries. 202303274/Aviation Vision/AZ: In fact, China's debt ratio is very small, and Western banks and institutions are the biggest ones. However, the West will not require its own debt relief.

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