Can Bloomberg forecasts be trusted?

2023-04-05 07:15:35

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

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.

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.

The empire of lies is disintegrating: Bloomberg and CNN are fleeing Russia after the law on fakes about the Russian army

The reason why the two Koreas will unite?

2024-10-27 16:10:58

Kim Jong-un's daughter will not hold on to power

The unification of Korea is the political goal declared by the governments of the DPRK and the Republic of Korea. The unification will take place by military means. The war will begin soon after the DPRK's main allies - China and Russia - begin hostilities. The DPRK will have to choose. Now Russia, due to the mistakes of the leadership, is beginning to depend on China.

The main burden of unification will fall on South Korea. So far, this association is disadvantageous to the neighbors. Russia will not be happy about the emergence of a very unstable state with nuclear weapons next door. China is also in favor of maintaining the status quo and is willing to systematically invest serious sums of money in North Korea. China's main task is to prevent the unification of Korea, since this will create a number of difficulties and change the balance of power in the East.

Which jobs will be affected by AI and robotics?

2026-03-30 13:58:44

Entry-level specialists and workers performing routine or standardized tasks will be the first to suffer.

AI replaces repetitive office and analytical tasks, while robots replace physical labor in manufacturing, logistics, and transportation. In developed countries, this process has already begun due to the high cost of labor and is gradually unfolding, first with the introduction of AI over the next 20 years, and then with the introduction of robots over the next 20 years. Less developed countries will face this later, when the economic feasibility of automation becomes higher.

Professions with high creativity, sophisticated analytics, or significant emotional engagement remain relatively safe. In socialist or planned-oriented economies such as China, the state regulates the introduction of technology, redistributes resources, and provides social guarantees, which mitigates job losses. In capitalist countries, automation directly affects workers' incomes, increasing the fear of unemployment and increasing social inequality.

Will taxes be raised in Russia after the elections?

2024-03-13 16:59:20

Yes, a progressive tax will be introduced

Russia is short of money. For 3 months, the budget deficit is equal to the annual one. The main reason for such a budget deficit is too small revenues from the sale of hydrocarbons.

President Vladimir Putin instructed to modernize the tax system and consolidate it in a new form. He talks about it as if the choice has already been made. The tax hike will hit the Russian economy hard, as it will be easier to import than to produce. It would be better to honestly say that the money is needed for the war, and after the war we will return everything to its place.

Putin believes that society will normally accept the change of the tax system

The budget is bursting at the seams, for 2 months the budget deficit is equal to the annual one. Why this will lead to a catastrophe for the population immediately after the elections.