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Print Link Copy Time 2023-05-08 12:08:20

When will the DXY dollar index fall below 100 points?

Mid 2024

Reason

Increasing transactions for the purchase of energy resources NOT for dollars. instability in Europe. The loss of US influence on world markets and the capture of world markets by China.

Mid 2024

In fact, the US dollar, euro, pound, etc. This is nonsense and fiction. There is really nothing behind these currencies. So the US government has nothing in reality, only the army and navy. Land in the US is owned by local municipalities, not by the government. Even the dollars that the United States pays for are owned by a private corporation - the Fed.

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Print Link Copy Time 2023-05-15 11:00:01

What should countries involved in the forestry business do after the EU ban on the sale of products related to deforestation?

Refocus on other activities and cut costs

Reason

The state should partially cover the costs of companies while the reorientation is underway. It should have anticipated this situation

Refocus on other activities and cut costs

The state should partially cover the costs of companies while the reorientation is underway. It should have foreseen this situation

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Print Link Copy Time 2024-11-16 07:52:06

Where will capitalism lead?

To war

Reason

Capitalism tends toward monopolization, and monopoly ultimately leads to war. The logic of free competition inevitably brings the market to a state where only the last two competitors remain, practically deciding between themselves who should exclusively own the entire market.

To war

At present, trade wars over market ownership are already underway, for example, between the United States and China.

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Print Link Copy Time 2025-02-03 09:41:08

How can the country get rid of dollar dependence?

The government needs to link its currency to some real resources and make payments not in dollars, but based on the peg.

Reason

Abandoning the dollar is a whole range of measures. From tying your currency to something tangible, preferably something that your country owns more than other countries, to banning the purchase and sale of dollars. Why is it necessary to move away from the dollar? First of all. To reduce dependence on the United States. After Trump's arrival, pressure begins on all countries. Secondly. There is a danger that the dollar will depreciate due to the problems of the United States and the European Union, because the dollar is also pegged to European currencies and an avalanche effect is possible. The third. Trump is scaring tariffs, which will further increase the negative reaction.

The government needs to link its currency to some real resources and make payments not in dollars, but based on the peg.

China and Russia are trying to create an alternative currency pegged to the territory and rare earth metals, because they feel strong pressure from the United States. The other BRICS countries don't want to move away from the dollar because they don't feel the pressure.

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