Official Seal of the United States Treasury
Although the seal of the United States Treasury department shows scales in balance, the USA continues to increase its official debt beyond its income. It is far from balanced.
More foreigners are concerned about it.
A reader sent me a link to the following from Fortune:
China might be beginning to back away from U.S. debt as investors get nervous about overexposure to American assets
February 9, 2026
Last month, Deutsche Bank earned the ire of Treasury Secretary Scott Bessent after one of its analysts suggested foreign investors may leverage their holdings of U.S. borrowing and equities against the White House’s threats over the sovereignty of Greenland. While Bessent dismissed the “irrelevance” of Denmark’s holdings of American debt, Trump eased up on his tariff rhetoric after the bond markets hiccuped.
The Trump administration is therefore unlikely to be pleased with reports this week that Chinese banks had been urged to limit their holdings of U.S. Treasuries. Bloomberg reported this morning, citing unnamed sources, that Chinese regulators had advised financial institutions against holding large amounts of U.S. government debt because of questions about volatility and security. …
But this morning’s report does speak to a trend emerging from the BRIC (Brazil, Russia, India, China) nations in the second Trump presidency: the selling off or rolling over of America’s debt. The latest data from the Treasury for November 2025 shows holdings by these nations are generally on a downward trajectory.
Brazil, for example, held $229 billion in American Treasuries in November 2024, and 12 months later, this had slipped to $168 billion. In India, November 2024 saw the nation holding $234 billion in Treasury holdings and by November 2025, this had reduced to $186.5 billion. ….
Innes McFee, CEO of Oxford Economics, exclusively told Fortune at the end of January: “It’s a convenient story aligned to political narratives, … For years, people have talked about China weaponizing its holdings of U.S. Treasuries—I don’t think that there’s much credibility in those sorts of statements.” https://fortune.com/2026/02/09/china-investors-nervy-buyers-treasuries-bric/
While Innes McFee does not believe that Chinese dumping of US Treasuries is credible, the fact is that China has greatly decreased its holdings of USA debt over the past several years.
And it is taking further steps.
Notice the following warnings which are in my free eBook Unintended Consequences and Donald Trump’s Presidency:
No nation has ever been in as much total debt as the USA
The “U.S. is highly vulnerable to loss of confidence by foreign creditors.”[i] U.S. government debt is “extremely vulnerable to foreign attack because of the high percentage of foreign ownership.”[ii]
Interestingly, in the past, one foreign creditor, China, has raised concerns about the U.S. debt that are so serious, that its potential dumping of that debt has been called China’s “nuclear option”[iii] against the USA—an option that involves no military intervention, but that could greatly harm the USA.
European leaders have been working for years to establish a new reserve currency for the world, partially with the intent to remove the USA dollar from its current position as a reserve currency.
Those in Russia, Iran and some of the Arab lands, along with nations such as Brazil and India have discussed plans for the removal of the dominance of the USA dollar in global trade as well. Many are now working on that, along with China, in what is called the BRICS alliance.[iv] While Donald Trump did not cause all of this, an unintended consequence of the use of sanctions in the Trump-Pence Administration (as well as by the Biden-Harris Administration) is that more nations are looking to bypass the dollar. …
[i] Rickards J. Axis of Gold. The Daily Reckoning, December 20, 2016
[ii] Ibid
[iii] Gertz B, China Debt Threat. Washington Times, March 2, 2011
[iv] BRICS Expansion, the G20, and the Future of World Order. Carnegie Endowment for the International Peace, October 9, 2024
So, yes, as I warned China and the BRICS nations are taking steps as the news report from Fortune shows.
Michael Snyder posted the following:
The Chinese Take A Hammer To The U.S. Dollar By Instructing Their Banks To Dial Back Their Holdings Of U.S. Treasuries
February 9, 2026
For decades, the dominance of the United States has been primarily based on the strength of the U.S. dollar. Having the main reserve currency of the world has meant that everyone else has wanted and needed our currency. In fact, our currency is our number one export. Most Americans don’t realize this, but far more dollars are used outside the United States than are used inside the United States. Having such a strong currency for such an extended period of time has allowed us to enjoy a standard of living that is far beyond what we actually deserve. So what is going to happen now that the rest of the world is starting to move away from the U.S. dollar?
In 2025, the value of the U.S. dollar declined precipitously. The U.S. dollar index was down about 10 percent for the year, and in recent days that decline has continued.
Now China has decided to pour fuel on the fire.
It is no secret that our relations with China have been going downhill. …
On Monday, we learned that authorities in China have instructed Chinese banks “to rein in their holdings of US Treasuries”…
Chinese regulators have advised financial institutions to rein in their holdings of US Treasuries, citing concerns over concentration risks and market volatility, according to people familiar with the matter.
Officials urged banks to limit purchases of US government bonds and instructed those with high exposure to pare down their positions, the people said, asking not to be identified discussing private deliberations. The directive doesn’t apply to China’s state holdings of US Treasuries.
Communicated verbally to some of the nation’s biggest banks in recent weeks, the guidance reflects growing wariness among officials that large holdings of US government debt may expose banks to sharp swings, the people said.
The Chinese are letting their financial institutions know that it is time to start moving in another direction, and the rest of the world is definitely going to take notice.
The Trump administration is going to take notice as well, because Trump administration officials have been very sensitive about “how foreign investors behave toward U.S. assets”…
For the moment, this latest news out of China has pushed the U.S. dollar index even lower…
Treasury yields, which move inversely to prices, were slightly higher on Monday morning. The dollar dropped more sharply, with the Dollar Index down almost 1% on the news. The fresh dip in the greenback follows its recent decline to four-year lows.
When the value of the U.S. dollar goes down, the purchasing power of our paychecks goes down.
And when the purchasing power of our paychecks goes down, our standard of living goes down. …
For years, I have been ranting about the size of the U.S. national debt.
Now it has crossed the 38 trillion dollar threshold. …
The rest of the world can see how rapidly we are piling on more debt, and they are abandoning ship.
Of course the other elements of “the perfect storm” that we are experiencing are only going to accelerate the problems that we are facing.
There is going to be a lot of anger directed at China for starting to move away from the U.S. dollar, but ultimately we only have ourselves to blame. https://theeconomiccollapseblog.com/the-chinese-take-a-hammer-to-the-u-s-dollar-by-instructing-their-banks-to-dial-back-their-holdings-of-u-s-treasuries/
Michael Snyder mentioned debt as well as a “perfect storm” that could affect the USA.
Notice the following from our free eBook, Lost Tribes and Prophecies: What will happen to Australia, the British Isles, Canada, Europe, New Zealand and the United States of America? related to debt and a “perfect storm”:
As president again, Donald Trump will have to deal with the fact that the USA is the most indebted nation in the history of humanity and that such debt is expected to increase.
Debt is a prophesied problem (cf. Habakkuk 2:6-8).
The time will come when the government of the USA will no longer be able to borrow at low enough interest rates and/or it will create more money to continue. …
The debt situation of the USA is putting it at risk of being unable to recover should it be hit by weather problems, terrorist acts, war, riots, solar flares, severe earthquakes, civil unrest, devastation of its genetically-modified food supplies, food shortages, and/or various pestilences–. A combination of these events would lead to an intensity of “sorrows” such as Jesus discussed in Matthew 24:4-8, leading up to the time of the Great Tribulation. Political issues, climate change, trade policies, communication’s deals, and other events are pushing the USA into a more weakened state that will someday encourage its takeover. Disasters, especially if there is an ElectroMagnetic Pulse (EMP) attack or a severe solar flare storm, devastating hurricane (s) something like a massive volcanic eruption and/or massive earthquake could be part of a so-called “perfect storm” of events that could set up the U.S.A. for destruction.
Back in 2009, then US President Barack Obama stated that the deficit spending at that time was “unsustainable” (https://joewilson.house.gov/media-center/press-releases/president-obama-do-as-i-say-not-as-i-do May 15, 2009) yet the USA has continued down that path as its official debt continues to rise.
While many see no real problem with debt, and actually think it is highly beneficial, consider the following:
October 23, 2025
Debt is the lifeblood of empire — until it becomes the disease. https://dailyreckoning.com/america-is-starting-to-look-like-her-mother/
Debt will end in disaster for the USA.
The massive debt of the USA and its related destruction was prophesied over 2400 years ago.
And the time will come, according to Bible prophecy, when the nations of the world will no longer accept the pledges (US Treasury Bills and Notes) of the indebted one:
2 Then the Lord answered me and said:
“Write the vision
And make it plain on tablets,
That he may run who reads it.
3 For the vision is yet for an appointed time;
But at the end it will speak, and it will not lie.
Though it tarries, wait for it;
Because it will surely come,
It will not tarry. (Habakkuk 2:2-3)6 “Will not all these take up a proverb against him,
And a taunting riddle against him, and say,
‘Woe to him who increases
What is not his — how long?
And to him who loads himself with many pledges’?
7 Will not your creditors rise up suddenly?
Will they not awaken who oppress you?
And you will become their booty.
8 Because you have plundered many nations,
All the remnant of the people shall plunder you,
Because of men’s blood
And the violence of the land and the city,
And of all who dwell in it. (Habakkuk 2:6-8).
US Treasury bills and notes are pledges.
Please pay attention to the fact that that above is a prophecy for the appointed time of the end–essentially the time of the Great Tribulation (Matthew 24:21). The USA has been accumulating pledges in the form of US Treasury bonds and notes, and is the most indebted nation of all time. It is descendants of Israel, like the USA, that are prophesied to have debt issues with foreigners if they turn from God’s laws (cf. Deuteronomy 28:43-44)–that is consistent with Habakkuk 2:6-8. The above prophecy is NOT a reference to the nation calling itself Israel as it has nothing compared to USA debt.
Notice that the prophecy in Habakkuk says what will happen is so bad, that people should run who read it. That is, they should seriously consider what this means and take the appropriate steps.
Foreign creditors will rise up.
The Continuing Church of God put of the following sermon covering the Book of Habakkuk on its ContinuingCOG channel:
1:16:45
Habakkuk: Faith, USA’s End, & Jesus’ Return
In this sermon video, Dr. Thiel goes over each and every verse of the Book of Habakkuk. He also quotes other supportive verses in the Old and Testaments, certain Church of God writings, and even the Dead Sea Scroll ‘Commentary on Habakkuk.’ He spends time on the background of Habakkuk, how to live by faith, and prophetic matters. He explains why he believes that Habakkuk 2:2-8 is related to the coming destruction of the USA by creditors, why that is not a reference to the end of end-time Chaldean /Babylon, and that Habakkuk 2:9-17 is referring to peoples and a different time period than the earlier portion of the chapter (which relates to the beginning of the appointed time of the end). Scriptures related to the destruction of the European ‘daughter of Babylon’ by a Russian-led, Asian multi-national force, as well as the return of Jesus are cited.
Here is a link to the sermon: Habakkuk: Faith, USA’s End, & Jesus’ Return.
Even beyond Habakkuk, the Bible clearly warns that an indebted people will be destroyed by people whose language that they do not understand, and that the destruction will be fairly total:
43 The alien who is among you shall rise higher and higher above you, and you shall come down lower and lower. 44 He shall lend to you, but you shall not lend to him; he shall be the head, and you shall be the tail. 45 Moreover all these curses shall come upon you and pursue and overtake you, until you are destroyed…47 “Because you did not serve the LORD your God with joy and gladness of heart, for the abundance of everything, 48 therefore you shall serve your enemies, whom the LORD will send against you, in hunger, in thirst, in nakedness, and in need of everything; and He will put a yoke of iron on your neck until He has destroyed you. 49 The LORD will bring a nation against you from afar, from the end of the earth, as swift as the eagle flies, a nation whose language you will not understand, 50 a nation of fierce countenance, which does not respect the elderly nor show favor to the young. 51 And they shall eat the increase of your livestock and the produce of your land, until you are destroyed; they shall not leave you grain or new wine or oil, or the increase of your cattle or the offspring of your flocks, until they have destroyed you. 52 They shall besiege you at all your gates until your high and fortified walls, in which you trust, come down throughout all your land; and they shall besiege you at all your gates throughout all your land which the LORD your God has given you (Deuteronomy 28:43-45,47-52).
7 The rich rules over the poor, And the borrower is servant to the lender. (Proverbs 22:7)
13 And the Lord said, “Because they have forsaken My law which I set before them, and have not obeyed My voice, nor walked according to it, 14 but they have walked according to the dictates of their own hearts…16 I will scatter them also among the Gentiles, whom neither they nor their fathers have known. And I will send a sword after them until I have consumed them.” (Jeremiah 9:13,14a,16)
12 One-third of you shall die of the pestilence, and be consumed with famine in your midst; and one-third shall fall by the sword all around you; and I will scatter another third to all the winds, and I will draw out a sword after them. (Ezekiel 5:12)
Most will not believe, but that was expected:
6 “Don’t say such things,” the people respond. “Don’t prophesy like that. Such disasters will never come our way!” (Micah 2:6, New Living Translation)
16 … You say, ‘Do not prophesy against Israel, And do not spout against the house of Isaac.’ (Amos 7:16)
People will not want to hear! See also Preparing for the ‘Short Work’ and The Famine of the Word.
The debt scheme that the USA has been pulling off will not go on forever–even though politicians act like it can.
Watch also the following:
14:44
And the Debt Goes On…
On June 3, 2023, US President Joe Biden signed a bill to increase the official debt-ceiling of the United States. According to its Treasury the “ceiling” has been changed, increased, or delayed 78 other times. The official debt has nearly tripled since the Obama-Biden Administration. The official debt increased about $2 trillion per year under Donald Trump’s Administration and has done close to that in the Joe Biden Administration. While the USA has been able to increase debt with limited consequences (like inflation) so far, does the Bible show this can end in destruction? What did God warn about debt through the prophet Habakkuk? Is getting into high amounts of debt a blessing or curse according to the Bible? Do Democrats or Republicans currently have a plan that will now be implemented to pay off the debt? Has the USA been functioning as an international “leech” consistent with statements in the Book of Proverbs? Does the Bible say it is wicked to borrow money you do really intend to repay? Steve Dupuie and Dr. Thiel cover these matters.
Here is a link to our video: And the Debt Goes On…
Furthermore, the Bible is clear that the USA will be taken over (cf. Daniel 11:39) and debt will be a factor per Habakkuk 2:6-8.
Yes, the time will come when foreign creditors will arise and the USA will be conquered.
Some items of possibly related interest may include:
The End of US Dollar Dominance Is the USA losing its economic status? What about the petro-gold-yuan? A related video is also available: US Dollar being challenged by Gold-Petro-Yuan.
Is God Calling You? This booklet discusses topics including calling, election, and selection. If God is calling you, how will you respond? Here is are links to related sermons: Christian Election: Is God Calling YOU? and Predestination and Your Selection. A short animation is also available: Is God Calling You?
Unintended Consequences and Donald Trump’s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies? Is Donald Trump going to save the USA or are there going to be many disastrous unintended consequences of his statements and policies? What will happen? This is a free eBook.
Lost Tribes and Prophecies: What will happen to Australia, the British Isles, Canada, Europe, New Zealand and the United States of America? Where did those people come from? Can you totally rely on DNA? Do you really know what will happen to Europe and the English-speaking peoples? What about the peoples of Africa, Asia, South America, and the islands? This free online book provides scriptural, scientific, historical references, and commentary to address those matters. Here are links to related sermons: Lost tribes, the Bible, and DNA; Lost tribes, prophecies, and identifications; 11 Tribes, 144,000, and Multitudes; Israel, Jeremiah, Tea Tephi, and British Royalty; Gentile European Beast; Royal Succession, Samaria, and Prophecies; Asia, Islands, Latin America, Africa, and Armageddon; When Will the End of the Age Come?; Rise of the Prophesied King of the North; Christian Persecution from the Beast; WWIII and the Coming New World Order; and Woes, WWIV, and the Good News of the Kingdom of God.
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