Not long after the last 43-day shutdown turmoil, the two parties in the United States have again hit a snag over budget issues. The current situation is that government funding can only last until January 30th. If the two parties cannot reach an agreement before then, the U.S. government will have to shut down again.
The core of the disagreement is very clear - the Democrats want to extend the health insurance subsidy policy, which affects the medical security of over 20 million people; the Republicans, on the other hand, are determined to cut government spending and have a very tough stance on fiscal issues.
The background is more heart-wrenching. The current expected growth rate of the U.S. economy is only 1.4%, inflation is still stuck at 3.1%, and the unemployment rate has climbed to 4.6%—this is a typical "stagflation" vicious circle. If it really comes to a standstill, the pressure on the economy and society will only increase further.
Looking back at the old accounts, you will know how serious the consequences are. During the last shutdown, the U.S. economy directly lost $11 billion, over 40 airports nationwide experienced a complete paralysis of flights, ports were filled with goods waiting to be shipped, and the lives of ordinary people and the operations of businesses were disrupted.
For the financial markets and the cryptocurrency sector, a government shutdown often signifies extreme uncertainty. The US dollar may experience significant fluctuations, and the stability of US stocks and bonds may decline. Historically, once traditional financial markets begin to fluctuate, a portion of the funds tends to shift towards Bitcoin and other options viewed as safe-haven or alternative assets. If a shutdown does indeed occur, the cryptocurrency market may witness complex changes in sentiment and capital flows in the short term.
There are only a few weeks left until January 30th, and whether the two parties can reach a compromise amid mid-term political considerations is still a big question mark. What do you think? Will there really be a shutdown this time? If it does shut down, how do you think the crypto market will react?
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WalletsWatcher
· 13h ago
Is the standstill coming again? What's wrong with these politicians, can't they stop messing around?
View OriginalReply0
ETH_Maxi_Taxi
· 13h ago
Are we going to freeze again? Forget it, I bet BTC is going To da moon this time.
View OriginalReply0
DoomCanister
· 13h ago
Another round of palace intrigue drama, investors really treat it as watching a show.
View OriginalReply0
PonziWhisperer
· 13h ago
Another round? Really annoying... This time it will definitely be a shutdown
Another round? Really annoying... This time it will definitely be a shutdown
Stagflation, big money has long been hoarding Bitcoin
Shutdown = Devaluation of the dollar, this time BTC can reach seventy thousand
The two parties are at odds, the common people pay the bill, encryption is the export
I bet five Ethers, it will crash by the end of January
Listen, when the government shuts down, the market goes haywire, this is the real opportunity to enter a position
I feel this wave will be stronger than the last... When the dollar falls, it will da moon.
Not long after the last 43-day shutdown turmoil, the two parties in the United States have again hit a snag over budget issues. The current situation is that government funding can only last until January 30th. If the two parties cannot reach an agreement before then, the U.S. government will have to shut down again.
The core of the disagreement is very clear - the Democrats want to extend the health insurance subsidy policy, which affects the medical security of over 20 million people; the Republicans, on the other hand, are determined to cut government spending and have a very tough stance on fiscal issues.
The background is more heart-wrenching. The current expected growth rate of the U.S. economy is only 1.4%, inflation is still stuck at 3.1%, and the unemployment rate has climbed to 4.6%—this is a typical "stagflation" vicious circle. If it really comes to a standstill, the pressure on the economy and society will only increase further.
Looking back at the old accounts, you will know how serious the consequences are. During the last shutdown, the U.S. economy directly lost $11 billion, over 40 airports nationwide experienced a complete paralysis of flights, ports were filled with goods waiting to be shipped, and the lives of ordinary people and the operations of businesses were disrupted.
For the financial markets and the cryptocurrency sector, a government shutdown often signifies extreme uncertainty. The US dollar may experience significant fluctuations, and the stability of US stocks and bonds may decline. Historically, once traditional financial markets begin to fluctuate, a portion of the funds tends to shift towards Bitcoin and other options viewed as safe-haven or alternative assets. If a shutdown does indeed occur, the cryptocurrency market may witness complex changes in sentiment and capital flows in the short term.
There are only a few weeks left until January 30th, and whether the two parties can reach a compromise amid mid-term political considerations is still a big question mark. What do you think? Will there really be a shutdown this time? If it does shut down, how do you think the crypto market will react?