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.

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How to speed up dedollarization?

2023-05-08 07:42:30

Trade resources for local currencies, tie prices to gold or rare metals, trade only your own securities on the market, make the currency freely convertible

If Beijing wants to make the yuan the world's reserve currency, then it will have to first go for financial liberalization. In theory, the dollar can also be replaced by a system that is not based on a specific national currency. In this case, gold or cryptocurrencies can become a universal means of payment.

If investors begin to massively get rid of dollar assets and return the American currency to their homeland, this will provoke a surge in inflation in the United States and a potential debt crisis. The problems of the USA will spread to the financial markets, which are still dependent on the dollar, and will cause a new round of the global economic crisis.

Is collapse inevitable? Can the Ukrainian crisis deprive the dollar of its reserve currency status?

When and why will there be a war between China and Russia?

2023-09-11 12:26:54

In 2055. Because of the Russian territories.

When the USSR collapsed, Western goods flooded into the Russian market, and for 30 years they practically captured the entire market, receiving Russian resources in return. In 2022, Europe and the United States left the Russian market, and it turned out that the products could not be assembled at Russian factories, since they used foreign components that were not manufactured in Russia. Instead of independent development, the Russian authorities again gave the entire market to China. In 30 years, the situation will repeat. But China is not Europe and will not give up its factories just like that.

Most likely, the scenario of the collapse of the USSR will be played out again, but this time Russia will collapse. The president will be killed, then there will be referendums of disconnection from Russia and joining China. Russia will restore its territories by military means.

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How will the distribution of world religions change in the future?

2023-04-26 13:44:59

Until 2060, Christians will remain the largest religious group. By 2060, Islam will become the main world religion that will take the place of Christianity. 3.23 billion Muslims and 2.99 billion Christians.

The main reason for the rapid growth of Muslims is a high birth rate, and not the departure of people in Islam. Moreover, the main driver of this process will not be the countries of the Middle East, but ... India and the USA. India - due to the rapid general increase in the population, America - due to mass immigration. The number of Buddhists of the world is expected to remain approximately at the same level due to a low birth rate and aging of the population in countries such as China, Thailand and Japan.

This is just a forecast based on current demographic trends. In the future, various kinds of scientific and technological revolutions may occur, which will affect the worldview of people in a completely different way. It also does not take into account the consequences of wars taking place on the planet. If we take into account the consequences of wars, then Hinduism will come in second place.

The Future of World Religions: Demographic Growth Projections, 2010-2050

Why Islam will soon become the largest religion in the world