I can see big data

Chapter 518 Debt

Since that unspeakable disaster, although three trillion US dollars have been printed, this has only exacerbated the debt of the United States.

Because only a few of the [-] trillion yuan were actually distributed to civilians, most of them were distributed to the following enterprises and companies as subsidies, and these companies deposited the money in the bank for interest, which was the loss of the US government.

In essence, America's debt is a Ponzi scheme.Because the United States has to pay interest on the U.S. debt issued every year after it matures. If the U.S. economy cannot get better and better, this debt will increase.

However, the fact is that in order to maintain its own hegemony, the United States has stationed troops in other countries everywhere, and has to repeatedly increase its military expenditure.

Huge military expenditures have become the biggest financial burden on the United States, making them breathless, so they can only rely on continuing to issue U.S. debt to fill the vacancy of the previous year's U.S. debt, and more U.S. debt means that the U.S. has to pay more interest , So it became a Ponzi scheme: the United States had to rely on the next batch of U.S. debt to fill this batch of interest loopholes, otherwise the whole system would collapse.

Coupled with the fact that the Federal Reserve is raising interest rates one after another, the purpose of the Federal Reserve is to return the dollar to avoid the depreciation of the dollar, but raising interest rates means that everyone will deposit more money in the bank, and the Fed will have to pay more interest.

With this coming and going, the fiscal deficit of the United States has become more and more serious, and it is now as high as 30 trillion, almost reaching the debt ceiling of the United States.

It is precisely because of this that the U.S. Treasury Secretary stated that he is considering raising the debt ceiling to 50 trillion.

But the basis of U.S. debt is all based on the premise that the U.S. can abide by the credit repayment. Once the U.S. government refuses to repay the money or is unable to repay the money, this huge "Ponzi scheme" will collapse instantly, and U.S. debt will also begin to plummet.

Of course, Li Han doesn't need to be so exaggerated, he just needs to let other countries feel that "the United States may not be able to repay the huge debt", and the US debt will start to fall.

Therefore, Li Han did two things. The first thing was to donate [-] million US dollars of meal replacement coupons to the homeless and poor families in the United States in the name of Cranberry Food Co., Ltd. Free meals at Liuli Chinese Burger.

The first reason for doing this is of course to advertise Liuli's Chinese-style burger. After all, at such a chaotic time, it is not easy for everyone, and they will remember this brand's timely help...

But this is just appearance.

Li Han's donation this time may appear to be to help poor families, and at the same time rely on charity to advertise, but in fact it is for tax exemption.

And for this day, Li Han laid the groundwork as early as last year.

Businesses in almost every country can make donations tax-deductible, and the United States is no different.However, the United States has a policy on tax exemption for corporate donations, that is, the mortgaged part cannot exceed 10% of the company's annual income, and the excess will be counted to the next year.

That is to say, if Liuli Chinese Burger’s annual revenue in the United States is 2022 billion U.S. dollars in 40, then at most 2022 million U.S. dollars in taxes can only be deducted through donations.But if Liuli Burger donates [-] million U.S. dollars in [-], then the extra [-] million U.S. dollars will be counted into the next year and used to offset the tax of the next year.

As for Liuli Handmade Burger, the brand has just been established in the United States, and the number of stores is slowly growing, so the net income in 2022 will be more than 8 million U.S. dollars, but last year Li Han still donated [-] million U.S. dollars for tax deductions.

In other words, out of the 1 million U.S. dollars, an extra [-] million U.S. dollars was used to offset this year's taxes.

This year, the number of Liuli Chinese Hamburger stores has expanded to more than 1000, with annual revenue exceeding US$20 billion.Under normal circumstances, Liuli Burger needs to pay nearly [-] million U.S. dollars in taxes.

However, the sum of donations over the past two years has caused the U.S. government to lose [-] million U.S. dollars in fiscal revenue.

For a debt of 30 trillion U.S. dollars, [-] million may be very small, but you must know that this money directly reduces the government's revenue, unlike the U.S. debt, which will only form a loss when the proceeds are paid in a year or a few years later. .

And for the United States, this can be said to be worse. It took the United States 100 years to accumulate the first trillion in debt, but it took only eight months for the latest one trillion in debt.

This shows that the debt pressure of the United States is already very high, and Li Han's behavior is just adding another straw to the top.

On November 25th, the day after the donation, the one-week rectification of Liuli Chinese Burger officially ended. On the first day of reopening, the American public immediately crowded the burger restaurant to the brim.

On the one hand, it is because the donation of Liuli Chinese Burger has won the favor of ordinary people, and on the other hand, it is because Liuli Chinese Burger has been targeted by the US government. They think that helping Liuli Chinese Burger is against the US government.

But the understanding of other brands is different: good guy, this is the money that has been turned around and got back!

The money donated by Liuli's handmade burgers was finally taken back from the customers. However, this process not only earned word-of-mouth, but also saved a large amount of taxes.

These foreign brand owners can't help but sigh: worthy of being a legendary investor, the means are powerful!
As a result, one stone caused a thousand waves, and other brands followed suit all of a sudden, looking for donations from different groups.Anyway, the donated money can be tax-free even if you don’t get it back, and it has earned word of mouth in this chaotic era, which is profitable anyway.

However, for the governments of various states in the United States, the financial pressure will be great at once...

In fact, the sum of donations from these brands is only 30 billion U.S. dollars, but the debt of the United States has already touched the red line.

U.S. Treasury Secretary Yellen warned half a year ago that the U.S. would reach the debt ceiling on January 2024, 2023. Now it is November [-], and the U.S. financial problem is close to the brink of collapse.

Now Li Han made such a fuss again, although it was just a straw, it really crushed the camel.

Although the surface is still calm, Li Han knows that something will happen soon.Before something happened, he just had to wait silently.

But before that, he wanted to remind the country by the way, so he came to the mayor's office with a gift today.

"Oh, Xiao Li?" Zhao Changchun was obviously surprised when he saw Li Han, "Why are you free to come here today?"

"I'll give you a gift." Li Han said with a smile, "It should be able to help you."

"Hey, that's not allowed. We are public officials, so we can't accept gifts." Zhao Changchun hastily pushed away the bag in Li Han's hand.

"This is not a gift. It's the McDonald's I brought to my wife. It happened to be on the way. I gave you another gift..." Li Han said, put the bag behind him, and said seriously: "Recently, the U.S. debt If you have a way, you can persuade the central bank to sell more U.S. bonds and reduce losses.”

"U.S. debt is going to fall?" Zhao Changchun asked curiously, "However, many of our experts believe that it may rise. Now that the U.S. banking sector has stabilized, they will immediately start to rectify the market."

"I don't think your experts are more professional than me." Li Han said mercilessly, "What you see are all illusions. Now the US fiscal deficit is on the verge of collapse, and the banking sector is stable. , but the banking crisis has not been resolved.”

Li Han patiently explained the reason for this to the other party. Of course, he did not say that he planned these things alone. After all, these potential dangers were already there. Li Han just guided the development of the incident along that road.

"Hmm..." Zhao Changchun fell into deep thought and said after a while, "How about this, you prepare a report for me, and I will give it to the experts above. If it is true, we will make preparations in advance."

"Please hurry up, there will be an earthquake soon." Li Han reminded again, then stood up, "Farewell."

After that, Zhao Changchun finally adopted his opinion, and China began to sell U.S. debt again.

Of course, this did not arouse everyone's vigilance. After all, China has been selling U.S. debt for a year, so there is nothing strange about it.Until December [-]st, the governor of California openly complained in the media, saying that the state government's fiscal deficit was approaching its limit, but the White House was unwilling to help them.

It is well known that California's fiscal deficit has soared since the Terminator stepped down as governor, but the White House has refused to provide help. What does this mean?The US government is also running out of money.

Thinking differently, even if Li Han is to be the president of the United States, he doesn't know what to do.

The only way now is for the Fed to continue printing money to ease the financial pressure this time.It only takes hundreds of billions of dollars to survive this crisis, but printing money means that inflation will increase, and U.S. debt will also fall as a result.

Once the U.S. debt fell, the banking sector, which had been struggling to stabilize, was over again. The next thing to die when the bank was over was the dollar. Both the U.S. dollar and U.S. debt were dead, and the U.S. was not far from death.

"I really sympathize with their next president..." Li Han said to himself with a sigh.

But no matter what, Li Han’s goal has been achieved. This is a two-pronged approach. Now the dollar has started to depreciate, the US government’s fiscal deficit has increased, and US debt has also begun to fall.Although it is only December, the prices of various U.S. bonds on the market have fallen to the lowest point in the past six months.The batch of one-year U.S. Treasuries held by Cassia Jung has fallen from 101.48 to 99.21.

In addition, Li Han had already exchanged the US dollars in his hands into RMB before this, and the 300 billion US dollars in Cassia Jung's hands has now become more than 260 billion US dollars after counting the depreciation of the currency. The money in Li Han's hands is converted into US dollars, reaching an amount of about 370 billion US dollars, and the gap between the two is getting bigger and bigger.

In fact, at this time, the result has basically been determined, but Li Han still intends to end Cassia Jung's pain and give him the final blow.

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