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?

When will the new dimension be discovered?

2023-07-07 01:22:59

After 100 years

Humanity will need engines for spaceships that can reach new planets in a short time. All forces will be thrown into the creation of engines capable of moving through time

Humanity is not yet ready to travel to new dimensions

The matrix and its fillers – or why we are not expected in the fifth dimension and no one intends to save us

Why is the ruble falling because Russia does not depend on the dollar?

2023-04-16 12:13:49

This is an attempt to make money on the sale of energy resources

Russia is trying to compensate for the low volume of energy sales and the discounts they are forced to make with the high price of the dollar

An important factor for the ruble is oil prices, which may affect its dynamics

The Central Bank explained the weakening of the ruble

What will Ukraine do when it loses the war?

2024-05-13 13:04:13

To sue those who dragged her into the war, to rebuild the country

There will be a big trial after the war. Most likely, Ukraine's so-called allies will suffer no less. The period of their global hegemony is over, and the time of multipolarity will come.

Although the trial will take place anyway, only former Ukrainian leaders will be tried.