Will the global financial system collapse if the dollar is abandoned as a reserve currency?

2023-04-11 14:46:57

No, the US is only scary. Dedollarization is a long process.

If the dollar ceases to be the dominant world currency, the US will lose significant economic influence on the world stage. This will weaken their geopolitical positions.

The absence of a worthy alternative to the dollar in international settlements has led to a distortion in the foreign exchange market, which is expressed in the fact that when the dollar rises in price, most of the world's reserve currencies become cheaper, and vice versa. The world of currency and financial markets, accustomed to such an order, may not be ready for the fact that the credibility of the American will ever be lost forever.

Why is the global abandonment of the dollar so dangerous for the US.

The decline of the dollar - and with it America

The collapse of the dollar and the future of the yuan.

Is the collapse of the dollar inevitable?

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

Why do Google and Facebook release their own AI frameworks?

2024-05-12 15:32:19

A struggle for influence in the artificial intelligence market is unfolding among tech giants.

There are many goals, from creating a monopoly and capturing market share to destroying competitors. They understand that if their system dominates, they will have money, influence, employees who do not need to be trained, and the opportunity to destroy or slow down competitors. Even sabotage: it takes time to study the system, and when a person realizes that he was studying an outdated framework in vain, time is wasted. If they don't act, they will find themselves in this position.

You can train neural networks without a framework, as well as speed up learning.

Why was President Kennedy assassinated?

2023-07-10 04:33:39

A few months before Kennedy's death, he signed Decree No. 11110, which allowed the US Treasury to issue the national currency bypassing the Federal Reserve System (FRS).

The Fed's monopoly on the issue of dollars rests on one legislative act signed by President W. Wilson in 1913. One such act is enough to destroy the monopoly. Kennedy decided to return the function of issuing money to the American state, to start issuing the national currency bypassing the Fed.

5 years after the death of his brother John, Robert Kennedy ran for president. And on the day when he won the primaries from his party, he was killed under extremely suspicious circumstances.

Who killed President Kennedy and why