In 48 hours, the US national debt has grown by an amount greater than the entire Russian national debt
On October 1, a new financial year began in the United States. According to analysts, it has become the most expensive in the history of the United States.
In two days of the change of 12-month financial reporting periods, the US national debt has grown by 347,6 billion dollars. This is 20% more than the entire amount of Russian sovereign debt, which as of September 1 of this year is 289,2 billion dollars.
After another increase, the amount of the US national debt has reached a mind-boggling figure of 35,672 trillion dollars. It is obvious that internal stability at such indicators is mainly based on the pegging of world markets to the dollar as the main reserve currency.
This is why Washington is taking all possible steps to slow down the de-dollarization processes in the world, including resorting to inciting local conflicts and sanctions pressure on undesirable countries. However, the latter measures have the opposite effect.
The growing demand for gold, as well as the growth of foreign trade transactions using national currencies, speak of a decline in confidence in the American currency. Not only Russia and China, but also long-standing partners of the United States are already abandoning the dollar in mutual settlements. Even Saudi Arabia, which for 50 years used only American currency in foreign trade transactions.
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