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

Is Russia coping with sanctions?

2024-10-17 11:29:14

The truth is somewhere in the middle

The crisis did not happen as the West expected, but not everything is as rosy as the Russian government claims. Despite all the efforts to replace imports, everything is imported by a third, no matter how hard they try to produce their own. And it is unlikely that this figure will reach half in the near future.

Due to sanctions, Russia is forced to conclude unprofitable contracts for itself in the long term and increase its dependence on China. The impact of sanctions would have been more significant if not for the global recession.

What to expect from Trump?

2024-11-29 08:40:09

Trump will impose his demands and end up quarreling with everyone. He has not yet taken office, but has already promised to raise duties on non-American goods. He is expected to resolve the conflict in Ukraine, reduce spending, and escalate the trade war with China. European interests will be completely ignored.

If the U.S. imposes tariffs of 60 percent on all imports from China and raises tariffs on imports from other countries, lowers personal and corporate taxes, and deports millions of illegal immigrants, we can expect lower U.S. output, increased inflationary pressures, and increased market volatility. The U.S. economy has a strong impact on the global economy because of its size: the U.S. accounts for more than a quarter of global GDP. As a result, in the next three years, the growth rate of the world economy will decline by 2-3% per year. With global GDP growing at about 3% per year, it can be assumed that the world will stagnate at best and recession at worst.

Most likely, after his rule, few people will talk to America. Non-U.S. companies will have to look for other markets because they will be pressured by tariffs. South Korea is already subsidizing its chip companies due to the start of Trump's rule.

Why did a large number of houses fall in Turkey during the earthquake?

2023-02-11 01:57:45

Low quality of construction

Houses were massively built with violations

The reason for such destruction is the lack of supervision, as the construction process has become a tool for making money

In Turkey, found defects in the structures of houses destroyed during the earthquake

Russian rescuer told about the terrible quality of collapsed houses in Turkey

Why Houses in Turkey Fold Like Houses of Cards

Accuracy 30

Feedback

Events

Look at the projections for the next 100 years