Is the US government going to "shut down" again? This time the situation may be more serious than you think.

According to the latest developments, due to the two parties being adamant on budget issues, funding for the U.S. federal government may only last until January 30. If negotiations continue to break down, the entire government system will once again fall into a shutdown—this has already been the Nth crisis in recent years.

**Where is the crux? It's just a matter of money.**

The Democratic Party wants to extend the healthcare subsidy program (covering 22 million people), while the Republican Party insists on drastically cutting spending. Negotiations are at a standstill, with neither side willing to make concessions first. The consequences of this political tug-of-war are often dramatic: a sudden agreement reached at the last minute, or a real government shutdown.

**The economy was already struggling, and a shutdown would only make things worse.**

GDP growth is sluggish, while inflation and unemployment rates are both rising - this is a typical signal of "stagflation." Once the government shuts down, the impact is immediate: historical data shows that just 5 weeks of shutdown caused a direct loss of $11 billion, and issues like airport paralysis and port congestion are just the tip of the iceberg.

**Why should we care about this? Because the global finance is watching the United States**

US stocks and bonds are experiencing fluctuations, and global stock markets (including A-shares and Hong Kong stocks) will tremble accordingly. Trade approvals may stagnate, directly hindering cross-border logistics and trade processes. The stability of the US dollar itself is the cornerstone of global finance, and once shaken, the impact will be immeasurable.

For the cryptocurrency market, such macroeconomic uncertainties often amplify volatility. Assets like BTC and ETH typically exhibit "safe-haven" characteristics during geopolitical or economic crises, but they may also face liquidity risks.

**What will happen in the end?**

Although the differences are huge, considering the political costs of the midterm elections in 2026, both parties are likely to hammer out a temporary agreement at the last minute. However, the repeated political tug-of-war itself is enough to keep the market on high alert.