Can the yuan become the world's reserve currency?
2023-04-12 14:12:14
Currently no
The yuan is not a freely convertible currency. It can only buy Chinese goods.
The PRC is the world leader in the production of most industrial goods. This is facilitated by the weak exchange rate of the yuan against the dollar. If the yuan becomes the world's reserve currency, it will strengthen against the dollar, which means that China's industry will lose its competitive advantages.
Can the yuan replace the dollar?
Scan the QR code to open on your mobile device
Will Putin change in 2024?
2023-06-28 12:33:56
No, he will stay.
A source close to the Kremlin, who wished to remain anonymous, spoke about Vladimir Putin's plans. He denied rumors that the allegedly incumbent President plans to leave his post. He assures that other candidates are out of the question.
After the elections, little will change in the country
Why and how Putin can remain President of Russia for the next term
It became known who will be President after Putin in 2024: will the Russian leader leave his post in 2023 - latest news
Scan the QR code to open on your mobile device
What will the consumer society lead to?
2024-09-06 10:00:58
To the Death of Civilization
If consumption continues to rise in the near future, we will face the depletion of natural resources and wars over them.
Inflating consumption for the sake of more consumption cannot continue indefinitely. The depletion of resources will lead to their shortage, and uncontrolled lending will lead to the depreciation of money. The result could be a crisis never seen before, with people fighting for food and starving to death, and endless rows of coffee makers and televisions piled up on store shelves.
Scan the QR code to open on your mobile device
What is the likely target for Russia's atomic weapons?
2023-11-26 14:03:59
Norfolk and Newport News
American nuclear aircraft carriers are rigidly tied to one place. These are Norfolk (Virginia), the largest naval base in the world, and Newport News (shipyard B with three giant slipways-one for construction and two for repair), on the other side of the Bay, where they are being built and seriously repaired.
The time of the floating giants will end
Uncle Sam's rusty fleet. The worldwide force for good is over
Scan the QR code to open on your mobile device
