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?

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.

What will friendship with China really give Russia and Russians? Five main facts

Who is next after Russia?

2023-05-21 13:25:47

China

The US wants to freeze the conflict in Ukraine for 10 years and will deal with China. During the election campaign, Trump said that the main enemy of the United States, China and NATO, was only diverting forces, that the United States needed to leave NATO. After Biden, there will be Trump. A new alliance, AUKUS, has been devised to contain China.

The United States will leave NATO in 2025.

The era of wars. The world after Ukraine. Scenarios for the next conflicts.

When will the United States lose its leadership in the world?

2023-09-23 13:27:31

After the loss of the Navy and the loss of the dollar's status as the world's reserve currency.

By 2030, the United States will become the third economy in the world in terms of gross domestic product after China and India. China's dominance in the economic sphere does not in itself weaken the influence of the United States as a power. It is expected that by 2048, the dollar will cease to be the world's leading currency. And the US fleet can only be lost in the event of a protracted war with China and Russia in 2060.

If America faces economic collapse and abandonment of all military and diplomatic obligations, then the rest of the world will be plunged into anarchy, they say - there will be no one to intervene in the friction between South Korea and the DPRK, India and Pakistan, China and its neighbors.

That's the end of it: when will the dollar lose world domination and which currency will replace it

By 2030, the United States will become the third economy in the world in terms of gross domestic product after China and India. China's dominance in the economic sphere does not in itself weaken the influence of the United States as a power. It is expected that by 2048, the dollar will cease to be the world's leading currency. And the US fleet can only be lost in the event of a protracted war with China and Russia in 2060.