There are valid points in Dagong credit rating report on the USA.

http://en.dagongcredit.com/uploadfile/2018/0116/20180116034946792.pdf

We have read the full report in the Dagong credit rating report on the USA and agreed with the valid points raised in the report.

The federal government is virtually bankrupt and the USA cannot repay its colossal debts.  However, no western credit rating firms dare to raise this valid point and continue to assign good credit rating for the USA so that the USA can continue to issue debts to finance its economic growth.  There is no doubt that the USA economic growth is based on credit growth.

In the Dagong's report, the USA is likely to implement QE5 in 2019 because of difficulties in issuing debts in 2018 due to rising interest rates, anemic economic growth and falling USD.  Therefore, the foreign investors will lose interests in the USD bonds and shift their monies elsewhere.  Recently, Bloomberg also published that China would slow down or even halt the purchases of US treasuries because of unattractive investment yields (falling USD & low-interest rates).

Therefore, money printing is the only way out for the USA to maintain its economic growth and the ensuing QE will come as the US federal government will use the new money to boost its economy.