Britain is going bankrupt!
In fact, there are countless precedents of national bankruptcy. Take Argentina, the country most accustomed to bankruptcy, for example. It has gone bankrupt more than seven times.
Bankruptcy naturally has its advantages. Simply put, it is: I can’t and won’t pay back my debts, so whatever happens!
This is actually the same as a limited liability company, and even more straightforward than that.
However, unlike Argentina, the UK is a developed country, and one of the most developed countries in Europe. Looking at the world, it is also a permanent member of the United Nations. Even with this, it can go bankrupt. How can it play?
So why did the UK declare bankruptcy at this time? Is there any inside story behind it?
Yes, of course.
The new British Prime Minister who just took office recently discovered a serious problem: the previous government had messed up the finances! Only 22 billion pounds were left for them. Although the pound is valuable, it is only 205.5 billion yuan. It is not as high as the GDP of Heze in the first half of the year.
Using this little money to maintain the face of the British Empire? That's simply a joke.
So the new prime minister got angry and said, "You bunch of losers made your own mistakes and you want me to clean up your mess. Forget it. I'd rather just give up." In a fit of rage, he announced: Britain is bankrupt.
This isn't really an inside story, is it? It's just a fact.
Why did the UK insist on withdrawing from the EU? Wasn't it because it felt that its poorer brothers in the EU were taking advantage of it? Was it also necessary to send a bunch of refugees to the British Isles to eat up the rich?
If you have a lot of money, who would care about those small things?
However, life is even more difficult now. After all, the UK is small in size, and declaring bankruptcy is a bit embarrassing, but its main purpose is to serve as a pawn for the Eagle Sauce and see the world's reaction. Although the impact of the UK's bankruptcy on the world is not as great as that of the United States, it can also show the reactions of countries around the world.
Once it is discovered that people's reaction is not super strong, the Eagle Sauce, which is burdened with 35 trillion US dollars, can naturally declare bankruptcy openly.
So for the Eastern giant, although a lot of it has been cashed out, it still has more than 700 billion US dollars in bonds. If the United States declares bankruptcy, then all this money will be wasted, and it will be a complete wedding dress for the United States. Think about it, how many people do we need to work 996 for many years to earn back so much money?
But is the US bankruptcy really imminent?
In response, Musk once warned: "The United States is heading towards bankruptcy," arguing that this year's U.S. debt interest payments will exceed $1.14 trillion, equivalent to 76% of all personal income taxes collected by the federal government.
In fact, the United States is not heading towards bankruptcy. With this scale of debt, only monsters like Evergrande in the specific financial environment of China would not go bankrupt. If it were any other company or country, it would have gone bankrupt long ago.
The reason why the US didn't announce it before is not because it is kind and wants to pay back everyone's money even if it dies. Instead, it is using it as a weapon to intimidate other countries to continue buying US bonds. If you don't buy, it will say it is going bankrupt, and then you won't get a penny of your money. This is a typical act of defaulting on debts. But the world can do nothing about it.