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?

Will there be a war between Iran and Israel?

2024-04-19 15:30:36

Iran and Israel will continue to exchange blows, but it will not come to a third world war.

Neither Iran nor Israel is interested in a full-scale conflict. In Tel Aviv itself, many are annoyed by the result of the Israeli strike on the Iranian embassy in Syria, when Iranian generals were killed under fire. Iran was ready to forgive the attack in exchange for the condemnation of Israel by the world community. Since this did not happen, Iran, in turn, responded to these actions with a missile attack on Israel a week ago, demonstrating to the whole world its advanced weapons, and at the same time the vulnerability of the Israeli Iron Dome air defense system.

Israel is in a more difficult position because six months of war with Hamas have not brought results. It is surrounded on all sides — Rafah, the Palestinian settlement, the Houthis and plus the Iranian problem. But fundamental changes in the region will not happen before the US elections. The elections will be held in November 2024. The United States has introduced 2 aircraft carriers into the region.

Russia and India sent modules to the moon, the Russian module crashed, will the Indian one crash?

2023-08-20 14:42:08

There will be a successful lunar landing

Russia has been trying to catch up for 47 years, and India is solving the mistakes made in 2019.

There is not just a lunar race going on in the world right now, but a battle of concepts: human space exploration against purely utilitarian use of the moon. The US has a clear goal. Deep space exploration, exploration of Mars. That's why the station is called Gateway. The Chinese are focused on resources. India is trying to repeat the achievements of the PRC.

Luna-25 crashed. What is Russia's place in the lunar race now

Why does the United States need a deal between Azerbaijan and Armenia?

2025-08-21 17:20:51

The result should be a transit corridor through the territory of 2 countries.

Following the talks, Armenia and Azerbaijan agreed to create a major transit corridor. Azerbaijan is currently modernizing the railway in the Nakhchivan Autonomous Republic at its own expense, and it is planned to build a railway in Armenia. The United States is not investing in this project. The expansion of US influence in this region could lead to the expansion of NATO's influence throughout the South Caucasus, which could become a wedge between Iran and Russia.

Armenia sells Russian gas as its own, bypassing sanctions. If the war ends and sanctions are lifted, this route will cease to be economically important, since Russia will be able to sell gas via other routes, but if we are talking about NATO expansion, then this is a completely different matter.

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