Global money is accelerating its withdrawal from the US market, US media said: US debt may be wiped out, the death of the dollar will accelerate.

As of February 28, the total federal debt stood at a record $28 trillion, a nearly 100-fold increase over the past half-century that has led Americans and the federal government to embrace the habit of pre-spending.Thus, if the dollar fails, the US debt economic model becomes unsustainable.It's worth noting that global central banks have reduced their holdings of U.S. Treasury securities by a whopping $1.5 trillion since 2018, and the trend is continuing.

Quartz website and Sputnik news agency quoted some experts' latest opinion analysis that global central banks, as major buyers of US Treasuries, are likely to sell a large number of US Treasuries, and may even liquidate their US Treasuries positions if the risk of US default increases.

Wall Street commodities king Jim.Rogers has warned on several occasions that the U.S. is the world's largest debtor nation, that debt is everywhere, money is everywhere, and that eventually the U.S. economy will pay a price and the death of the dollar will accelerate.