The Impending US Government Shutdown and Its Economic Impact

💼 There is a possibility of the US government shutting down again, with a 50% chance according to experts.

💰 If the government does shut down, it could result in severe consequences and be the most costly shutdown in history.

🏛️ The government's budget for the new fiscal year has not been passed, and it is currently stuck in Congress.

💡 The US government may face another shutdown, with predictions that it could be the longest ever.

💼 During a government shutdown, federal employees are unable to work and do not receive their salaries.

🌍 A government shutdown can have significant impacts on various sectors, including defense and international relations.

📈 The length of the potential government shutdown in the US in November could negatively impact the judgment of monetary policy.

📉 The possible downgrade of US public debt ratings may require adjustments in the financial market.

🤝 The divided nature of the democratic society leads to conflicts in economic attributes between the Republican and Democratic parties.

💼 The Republican Party advocates for tax cuts and a strong defense to serve the wealthy.

🌈 The Democratic Party focuses on social welfare, infrastructure, and support for marginalized groups.

💰 Democratic governance often leads to budget deficits and increased debt, impacting the economy.

🔑 The government is at risk of shutting down, and a compromise needs to be reached to keep it operational.

💼 Different political parties have different priorities, such as tax reduction and other important issues.

💰 The previous government shutdown in 2019 had limited impact on the overall economy and stock market.

⚡️ The inflation data shows a downward trend in the second half of the year, with the main factors being oil prices, rent, and wages.

💼 The problem lies in the inability to lower wages and rents as expected, coupled with the rise in raw material prices, which casts a shadow on combating inflation.

💰 If the government shuts down, the budget deficit for the past 11 months has already increased by 61%, reaching 1.5 trillion US dollars, and rising interest rates will increase the government's debt service costs.

📌 The possibility of the US government shutting down could lead to financial consequences and potential security risks.

🔍 If the US government shuts down in October, China may take advantage of the situation to launch sudden attacks.

💼 Investors should consider the impact of the US government shutdown on Taiwan and foreign investments.

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