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 after a global Microsoft outage?

2024-07-19 14:01:11

Microsoft shares will drop in price. It is likely that Microsoft will face lawsuits for damages. Some companies will switch to competitors' cloud services.

There are SLAs: a document that specifies the technical performance guarantees provided by the cloud service provider, the procedure for identifying and resolving disputes, as well as remedies for failures. In this case, these guarantees were violated.

Competitors will take advantage of this opportunity to lure affected companies to their cloud services. In addition, for some time, this will serve as negative publicity for Microsoft.

Why are politicians making decisions that are not beneficial to the state?

2022-07-01 12:00:38

State interests are not in the first place

Because decisions are made not for the benefit of the state but for their own benefit

There is lobbying of the interests of private companies

Why Lobbying Is Legal and Important in the U.S.

Lobbying

Accuracy 20

When will China's dominance end?

2023-09-26 13:14:28

After China's entry into any war

China's dominance lies in the fact that it has a large population that creates goods sold all over the world in factories and factories. If China enters the war, sanctions will be immediately imposed against it, and the workers who are now working in factories will become soldiers. There will be no one to produce goods and no one to buy them, because sanctions will be imposed.

In addition, in the long term, the factory country is not the best development option, since the population is starting to age in it, as happened in Japan.

The adoption stage in the USA, the Chinese threat in Germany and the Chinese Made in Mexico