What will become of the dollar when it ceases to be a reserve currency?

2023-10-14 07:58:37

The same thing will happen to the dollar that is now happening to all other currencies that are now devalued against the dollar

If the US dollar ceases to be the world's reserve currency, this will lead to a total collapse and collapse of the US economy, which is not far from the collapse of the country.

Why is the status of the world reserve currency so important for the United States? This allows them to print dollars almost uncontrollably – if it causes currency devaluation in other powers, then everything is OK. Every time a state or a person buys a dollar, he takes on part of the US government debt.

Challenging the dollar is the main fear of the United States.

Will Ukraine attack Belarus?

2024-10-10 12:13:37

Not in the near future

An information war is being waged against Russia, among other things. Proposals for a Ukrainian attack on Belarus are a test of the reaction of Russia and Belarus to such a step.

If the war drags on, there is a prospect of an attack, as Belarus is one of the few countries that support Russia.

When will Africa be united?

2023-06-15 14:14:31

In 2064

The African Union is fighting for the unification of Africa today. It is an intergovernmental organization that has been leading its history since 1963. The union includes all 55 countries of the Black Continent. It is planned to create three financial institutions: the African Central Bank (planned to be created by 2028), the African Monetary Fund, the African Investment Bank.

So far, the association looks like the European Union

African Union

Why did Trump shorten the deadline for Russia's ultimatum to 10 days?

2025-07-28 13:22:48

Russia is moving forward and seizing territories that already formally belong to the United States.

The United States has concluded a contract with Ukraine, according to which the minerals located on the territory of Ukraine belong to the United States. Russia is moving forward and seizing these territories. Therefore, we need to respond urgently.

Therefore, even after the presentation of the ultimatum, nothing will change. All the sanctions that could affect something have already been introduced. The United States cannot influence other countries by scaring them with duties. The United States could not impose duties on China. Russia will not comply with the terms of the ultimatum.