How to speed up dedollarization?

2023-05-08 07:42:30

Trade resources for local currencies, tie prices to gold or rare metals, trade only your own securities on the market, make the currency freely convertible

If Beijing wants to make the yuan the world's reserve currency, then it will have to first go for financial liberalization. In theory, the dollar can also be replaced by a system that is not based on a specific national currency. In this case, gold or cryptocurrencies can become a universal means of payment.

If investors begin to massively get rid of dollar assets and return the American currency to their homeland, this will provoke a surge in inflation in the United States and a potential debt crisis. The problems of the USA will spread to the financial markets, which are still dependent on the dollar, and will cause a new round of the global economic crisis.

Is collapse inevitable? Can the Ukrainian crisis deprive the dollar of its reserve currency status?

What technology will be popular after smart phones?

2023-02-22 07:08:58

Augmented reality and virtual reality technology

Technology giants invest huge sums of money in these technologies

All analysts unanimously say that the virtual reality market will grow

Is Virtual Reality Really the Future of Everything?

Accuracy 10

Why can a war start in Kazakhstan as in Ukraine?

2023-06-12 02:08:31

If Kazakhstan prohibits, seizes Chinese or Russian private property or prohibits companies with owners from Russia or China

The war in Ukraine began, among other things, because Ukraine began to prohibit companies with owners from Russia from working, and Russian business was forced to sell its assets in Ukraine for nothing

Astana's pro-Western course will lead to the collapse of Kazakhstan's statehood

U.S. takes control of Kazakhstan

Is a nuclear escalation of the conflict and a third world war possible because of Russia and Ukraine in 2024-2025?

2024-10-15 11:14:58

No

Tactical nuclear weapons are used in places where troops are concentrated. Russia can bomb Ukrainian troops and cities without nuclear weapons. If they are going to bomb Ukrainian cities with nuclear weapons, they take responsibility for the deaths of civilians and the consequences of the use of TNW. Therefore, nuclear weapons will be used as the last resort, in the event of a stalemate. But if Ukraine starts bombing Belarus, this will actually untie Russia's hands in the use of TNWs.

Neither Russia nor Ukraine declared war on each other. Shouts about the use of nuclear weapons are just political games, like shouts about the beginning of World War III. This is a reason to end the conflict and sit down at the negotiating table, if they continue to act in the same direction as now, the war could escalate into a confrontation with Europe with the use of TNWs.