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What will happen at the BRICS meeting?

Link Copy 2023-06-13 08:15:07

Prediction

Expansion and increase in the share of the NDB

Reason

The BRICS Bank intends to finance more projects in national currencies to strengthen the local market and protect borrowers from the risk of currency fluctuations. Currently, the share of relevant projects in national currency in the bank's total project portfolio is about 22%, the NBR president said, adding that the bank intends to increase this figure to 30%. Currently, five BRICS countries are members of the EBRD, as well as Bangladesh, the United Arab Emirates and Egypt. Uruguay is already in the process of joining.

Expansion and increase in the share of the NDB

The BRICS summit will be followed by a powerful geopolitical shock wave for which the world will not be ready. The Western world will not be ready.

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Comments 0

When will the euro disappear?

Link Copy 2024-01-29 06:34:34

Prediction

In 2034

Reason

There is a massive outflow of capital from Europe, which is flowing into dollar assets. Accordingly, euro positions are declining, while the dollar and yuan are strengthening. The Chinese yuan is starting to surpass the euro as a global currency. And this cannot be changed anymore.

In 2034

After any member leaves the EU or if the EU collapses, the euro will be worthless to anyone. The dollar will strengthen in the short term because savings will need to be shifted to some more stable currencies. Europe will not buy American goods due to the crisis, and there will be no one to sell them to. China and Russia will not buy because of sanctions. India currently does not buy, relying on its own market. Asia also does not need American goods. The East will not buy goods in large volumes. Moreover, the dollar index is calculated based on the euro. Right now, the euro is being artificially sustained despite the crisis—it is not falling—but in the event of the EU's collapse, it will no longer be possible to hold it up.

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Is there global warming?

Link Copy 2023-03-29 06:06:34

Prediction

No

Reason

The bankers came up with a scam, puppet officials lured by them announced the agenda at their meetings, scientists lured by grants confirmed anti-scientific conclusions, falsified statistics, and then ordinary sectarian activists begin an aggressive information attack on the population. Some of the latter are simply sick, some are being fed, some are simply stupid and passionate about movement, believing in bright pictures.

No

Changes in CO2 content in the atmosphere are a consequence of temperature rise, not its cause.

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Can you make money in the stock market?

Link Copy 2023-06-05 11:56:21

Prediction

Not for beginners, even professionals have less and less income from year to year

Reason

A large number of players in the stock market trying to earn

Not for beginners, even professionals have less and less income from year to year

In reality, no one can always successfully predict the future of the stock market: today you will hit the mark, and tomorrow other investors.

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