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 will happen to Israel without the support of the US and Russia?

2023-04-03 14:55:56

Arab world will attack Israel

The UN called on the local Jewish and Arab population to create a state for each of the national communities. But since the Arabs did not agree with this, the returnees had to wage war.

The number of Christians on the planet will decrease. Other religions will dominate

Disappearance of Israel

What is the hidden problem of the race for artificial intelligence?

2024-09-28 05:11:05

The impact of artificial intelligence is overestimated

All companies rushed to create their own or implement artificial intelligence in their products, but this amount of artificial intelligence is simply not needed now. The AI market has a limit, and everyone behaves as if there is no limit

For example, Intel, instead of tackling specific demand problems, focused on artificial intelligence, and ends up with $1.6 billion in debt by 2024. And it's not the only company

Will Russia and Ukraine be able to make peace after Trump's ultimatum in 50 days?

2025-07-15 10:44:44

No, there may be attempts to make peace that will lead to nothing.

Neither Ukraine nor Russia agrees to a peace treaty in the form that the West wants to see. If peace is concluded now, Ukraine will lose part of its territories, and Russia will receive a hostile country that, having recovered, will attack again. Therefore, the war will continue until a victorious end.

For some reason, Russia cannot understand and realize that if a country starts a war, it will have to go to the end. To the borders of Europe and even fight against NATO.