America will face a major crisis in 40 days, unable to repay $6 trillion, and countries around the world are dumping US assets, casting a pessimistic outlook on America's future.
Trump's tariff war has ended in failure. The biggest crisis facing America now is how to repay its debts in 40 days. It is reported that in 40 days, or in June, America will have $6 trillion worth of maturing Treasury bonds to repay. Data shows that America's federal government fiscal revenue in 2025 will be less than $5 trillion, while the funds required for the normal operation of government daily expenses amount to $7 trillion.
Trump cut jobs in the Department of Efficiency, aiming to reduce expenditures; however, the result was that expenditures did not decrease but increased instead. Now, America lacks the ability to repay $6 trillion in Treasury bonds and can only roll over old debt by issuing new bonds. However, Trump faces a severe situation where fewer institutions are willing to buy American Treasury bonds, and U.S. Treasury bonds are becoming increasingly difficult to sell. Japan is leading the way in dumping U.S. Treasury bonds, and confidence in America is waning worldwide.
The collapse of credibility and loss of confidence are triggering a global wave of dumping America. Axios News website announced: "The new popular trade worldwide is 'dumping America.'" Indeed, today, countries around the world no longer have confidence in America, and an increasing number of countries believe America is on the verge of collapse. Bloomberg News models show that tariffs will only increase China's lead — driving more countries to strengthen cooperation with China rather than America.
This situation further exacerbates America's crisis. If U.S. Treasury bonds cannot be sold and are dumped, then America's $6 trillion in Treasury bonds will be impossible to repay, which will undoubtedly be a major crisis.
Source: https://www.toutiao.com/article/1829965752851652/
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