The United States could default on its foreign debt as the printing press is in overdrive

United States: On Monday, Russian Security Council Secretary Nikolai Petrushev spoke via video link with a gathering of senior officials from the Russian Federation and representatives of ASEAN member states.

According to Russian Security Council Secretary Nikolai Petrushev, Washington could soon default on its large foreign debt.
While addressing a gathering of member states of the Russian Federation and the Association of Southeast Asian Nations (ASEAN) via video link on Monday, Petrushev referred to the fact that states United States had raised dollars and accumulated a national debt of over $30 trillion. on loan.

According to Petrushev, overdrive presses in the United States and Europe are directly responsible for the current spike in food and energy prices.

Russia’s Security Council secretary pointed out that during the COVID-19 pandemic, the country’s central bank, the Federal Reserve, has increased the number of new machine-printed paper bills at rates not seen in forty years.

According to Petrushev, the Fed generated 5.9 trillion dollars and Europe 2.9 trillion, so the burden of inflation in the West is cynically shifted to developing countries.

Tension rises in ‘irresponsible’ Taiwan

Additionally, Nikolai Petrushev commented on the growing hostility between Taiwan and mainland China, which inevitably impacted ASEAN member states.

He accused the United States of deliberately fanning the flames in the volatile region, saying: “We view the US actions as totally irresponsible, aimed at fueling the conflict between Beijing and Taipei.

Washington is treating the island as it received it from Ukraine. The larger goal is to hold Beijing accountable for China’s alleged unilateral attempt to change the status quo with regard to Taiwan.”

The US administration has been condemned by Russia’s Security Council secretary for imposing broad anti-Russian sanctions in response to Moscow’s special military operation in Ukraine, which dealt a severe blow to the Asian region.

“Geopolitical expansion”

Petrushev insisted that Washington present itself as the region’s only “defender” in order to hide its desire for geopolitical expansion in Asia. He pointed out that the NATO summit in Madrid from June 28 to 30, which approved a new strategic concept for the alliance, provided proof of this.

Thus, it “allows the Asia-Pacific region to be included in NATO’s area of ​​responsibility”, Patrushev said.

According to Petroshev, a particular threat to strategic stability is US involvement in the deployment of missile defense systems in the region. They claimed that an offensive capability was directed towards the area, apparently under the guise of deploying defensive weapons.

Petrushev says Washington is preparing to deploy strategic forces closer to the Korean peninsula.

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