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Print Link Copy Time 2023-01-29 11:02:40

When will earth run out of coal?

At current consumption levels, the deficit will start in 2075

Reason

The need for coal is growing. The growth of world coal production was influenced by India and China. Also, if the European Union refuses to purchase Russian gas, it will be necessary to look for alternative suppliers and again return to coal.

At current consumption levels, the deficit will start in 2075

The Chinese economy is heavily dependent on global coal supplies

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Print Link Copy Time 2023-04-05 07:15:35

Can Bloomberg forecasts be trusted?

No, Bloomberg is currently engaged in the formation of public opinion.

Reason

Once upon a time, Western rating agencies such as Bloomberg, Goldman and Flich were truly independent. It was then that they gained their popularity. Now these economic agencies are largely politicized and work at the request of governments, or rather economic clans, whose interests are protected by governments. Even the world's stock exchanges do not react much to the forecasts of these agencies.

No, Bloomberg is currently engaged in the formation of public opinion.

Bloomberg, a privately held company based in New York, is one of the top two providers of information for the financial markets. The media are actively reprinting all Bloomberg's forecasts for the economy, and traders are guided during the game on the foreign exchange market, including the statements of this company.

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Print Link Copy Time 2023-10-14 07:58:37

What will become of the dollar when it ceases to be a reserve currency?

The same thing will happen to the dollar that is now happening to all other currencies that are now devalued against the dollar

Reason

If the US dollar ceases to be the world's reserve currency, this will lead to a total collapse and collapse of the US economy, which is not far from the collapse of the country.

The same thing will happen to the dollar that is now happening to all other currencies that are now devalued against the dollar

Why is the status of the world reserve currency so important for the United States? This allows them to print dollars almost uncontrollably – if it causes currency devaluation in other powers, then everything is OK. Every time a state or a person buys a dollar, he takes on part of the US government debt.

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Print Link Copy Time 2023-03-12 08:03:02

Who will win the presidential elections in Turkey in 2023?

Recep Tayyip Erdogan with 61.28% of the vote

Reason

The opposition has no strong leaders and no clear goals

Recep Tayyip Erdogan with 61.28% of the vote

There will only be one round of voting

Accuracy 10

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