US predicted financial collapse because of Ukraine

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On May 19, the Senate of the US Congress, the upper house of the US Parliament, is to vote on bill HR7691 "On additional budgetary appropriations for Ukraine in 2022." At stake is about $40 billion, the allocation of which was previously temporarily blocked by Kentucky Senator Rand Paul, a Republican of libertarian views.

It should be noted that Paul still objects to the approval of this initiative and giving it the force of law. In his column in the American edition of The Federalist, he called such spending insane. Moreover, he considers the bill a serious national security issue and predicted that such spending could trigger the financial collapse of the United States.



According to the senator, Washington should be primarily concerned about the state of economics USA, not other countries. Currently, the US public debt exceeds 120% of GDP, and there are serious disruptions in the supply chains of various goods, and inflation has broken the record of the crisis of the early 1980s, the peak moment in the Cold War with the USSR. Paul is confident that the well-being of many ordinary Americans is threatened in favor of someone's political interests.

Prioritizing the interests of other nations over our own will not end well. If we don't end this financial madness, we're in for a day of reckoning. Not only are we flirting with financial collapse, but we also risk inadvertently going to war with another major power.

Paul explained.

The senator also drew attention to the fact that during the previous vote on this bill, he insisted on ensuring independent control over the spending of allocated funds. He emphasized that it is simply necessary that no one in Kyiv or Washington squander or embezzle money under the guise of the chaos of a military conflict. Paul urged to listen to the instructions of one of the authors of the US Declaration of Independence - President Thomas Jefferson, who bequeathed to Americans to follow the path of "peace, trade and honest friendship with all peoples, not entering into alliances with anyone."
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  1. Bulanov
    Bulanov
    0
    19 May 2022 13: 48
    By stealing 300 billion dollars from Russia, the United States thereby undermined the confidence of the entire adequate world in its currency. If they stole from one of the most armed countries on the planet, then they may well steal from the rest. Now it is desirable to get rid of dollars as soon as possible, since the fate of the Kerenok may well await them.

    "Kerenki" - money-garbage, which was measured by arshins and heated stoves with them.
  2. Vox Populi
    Vox Populi
    +2
    19 May 2022 14: 05
    US predicted financial collapse because of Ukraine

    Lord, what a game (propaganda) ... wassat
  3. Sergey Latyshev
    Sergey Latyshev
    +2
    19 May 2022 15: 21
    Yes Old song - the dollar is about to fall. - now on the libertarian yusa-lad.
  4. akm8226
    akm8226
    -1
    19 May 2022 17: 24
    There is nothing to guess here - everyone who contacts the Ukrainian is doomed. All history speaks of this.
  5. gorenina91
    gorenina91
    -2
    19 May 2022 18: 34
    US predicted financial collapse because of Ukraine

    "On additional budget allocations for Ukraine in 2022". At stake is about $ 40 billion,

    Paul believes that the well-being of many ordinary Americans is threatened for the sake of someone's political interests.

    - Well, so - and spit on them at all !!!
    - Damn, "passions about America" ​​(USA) have begun again!
    - Yes, why worry about her! - The Americans literally took 300 billion dollars from Russia !!! - Although - this is the real one - casus belli (reason for declaring war) !!! - And nothing !!!
    - And after that - the United States should spare another 40 billion dollars for ongoing military operations in Ukraine ??? - Yes, it's just - nonsense!
    - America makes money so easily - what should she be afraid of ???
    - Today, China is literally up to its neck in America (USA) - so stuck that it will easily give money to the United States (and even these 40 billion dollars) - for the NATO war in Ukraine! - Yes, and more will give if asked!
    - It is China today that needs to think about what to do next - because. China is in a serious trap:
    - And Taiwan has become a pipe dream for China;
    - And today it is impossible to spoil relations with the USA (and continue to support their sanctions);
    - And Russia may begin to pursue a tougher policy with China;
    - First, "prudent China", behind Russia's back, agreed with the United States that it would not "intervene" in a possible NATO attack on Russia (through Ukraine), which should greatly weaken Russia! - And then, roughly speaking, just "divide Russia with the USA"; but everything went wrong! - And China suddenly became even more dependent on the United States than before (and the annexation of Taiwan now "does not shine" for China at all)! - And it remains for China to hope (as before) - only for devotion to Russia!
    - As for the United States, they have many more "reference points" and the main ones are their own financial system; it's all of Europe; and this is still the same China, which will continue to support the "sanctions policy" of the United States!
    - So - the financial collapse of the United States "supposed" by the author is not entirely justified!
  6. Jacques sekavar
    Jacques sekavar
    0
    20 May 2022 00: 28
    The financial collapse of the United States has been predicted for more than a year, but it still won’t come - well, let them be fine. For the Russian Federation, the stability of its own financial system is more important - they lost half of the gold reserves and no one answered for it, they disconnected from Swift, operations with currency and securities, technology and equipment, the threat of an oil embargo by the end of the year and much more, and the rupee is getting stronger - obviously incredible .
  7. Siegfried
    Siegfried
    -1
    20 May 2022 03: 09
    300 billion is just frozen.

    The question here is not whether the dollar will collapse tomorrow or not. The fact is that the United States is facing a cold war with China. But they are not ready for it. There is no support in the world that they wanted to receive.

    They called on the whole world for help in defending their hegemony - help us to remain hegemon! And the world said - nope sorry. The world wants change. Resources are limited, markets too. And these live at the expense of the whole world. All got the USA. By the way, this is an attack not only on the United States, but on the entire "golden billion". That is why they are so furious, writhing like crushed snakes.

    And in such a world, the US wants to start a cold war against China? They would not lose the EU as an ally.
    1. Jacques sekavar
      Jacques sekavar
      -1
      20 May 2022 15: 19
      300 billion is just frozen for now

      The point is not only in these 300 billion, but also in the disconnection from international interbank transfers, the use of reserve currencies with the exception of the renminbi, the embargo on the sale of equipment, technology, software, etc., etc.
      300 billion frozen because they are considering how best to use them for their own benefit and to the detriment of the Russian Federation. Some part will be unfastened to Ukraine, and a myriad of mercenaries for warfare can be bought with this money. Will not be returned for any.

      US faces cold war with China

      Is not a fact. The US officially recognizes China as one entity and Taiwan as part of China. In addition, China is the largest economy in the world and a solvent market. The trade turnover is more than $1500 billion. Therefore, sanctions similar to the Russian Federation will never be imposed on China due to the global shock of the world economy. The collective West has been taught by bitter experience with the Russian Federation and will not stand it. Therefore, a serious bargaining is ahead and, based on the entire policy of the PRC, it is ready for it, and the saber-rattling of QUAD AUKUS is designed to intimidate the enemy and strengthen the position of the United States.

      There is no support in the world that they wanted to receive

      The last summit of “democracies” brought together more than a hundred participants, and the second one will bring together almost all the state formations of the world, with the exception of the rogue countries - the Russian Federation, China, North Korea, and possibly some others, including Iran if you can’t persuade it. Extras matter, but the main role is assigned to the leading state formations of the world. The EU, Japan, Canada, Australia follow the United States like a thread after a needle, despite the fact that many state entities of the world are associated with the EU and even more who want to receive this status, while the rest will be bought corny, and this is a productive force and a mobilization resource exceeding the potential of China, the Russian Federation and all possible allies combined.

      And in such a world, the US wants to start a cold war against China? They would not lose the EU as an ally

      The threat of losing the European protectorate is possible if the Russian Federation survives in the political and economic confrontation with the collective West, and then the protectorate will have the opportunity, if not complete independence from the United States, then in any case to achieve significantly greater independence.