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

Link Copy 2023-10-14 07:58:37

Prediction

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

Reason

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.

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

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.

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What consequences can be expected for the European Union after Apple was ordered to pay a 13 billion euro fine?

Link Copy 2024-09-27 10:46:23

Prediction

No one will want to start a large business in the EU

Reason

The EU has no advantages over Asian countries. A 50% tax is too high; for example, in Singapore it is 0%. The military conflict between Russia and Ukraine also makes doing business difficult, as sanctions hit the EU itself, raising the prices of all energy sources, which directly affects the prices of goods and services.

No one will want to start a large business in the EU

The essence of the lawsuit is that all EU countries should impose the same 50% taxes, and if a country is an EU member, it cannot independently make tax preferences. Most likely, soon countries will start leaving the EU, as the United Kingdom did.

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What will happen if Ukraine wins the war?

Link Copy 2023-01-11 05:38:29

Prediction

Russia will have to pay hundreds of billions to compensate for the physical damage caused by the invasion. Military restrictions of the Russian Navy: no Russian Navy in the Black, Azov and Baltic Seas for 50 years. Military restrictions of the Russian army: from all its northern, western and southern borders, Russia must withdraw troops at least 100 km. War crimes: Russia must be punished for its wartime atrocities. Nuclear weapons: Under the new treaty with NATO, Russia must immediately agree to reduce its nuclear weapons to a quantity and quality no greater than that of the United States, and agree to inspections by NATO to ensure this compliance.

Reason

The scenario is plausible if Ukraine is supported long enough or fought on the side of Ukraine.

Russia will have to pay hundreds of billions to compensate for the physical damage caused by the invasion. Military restrictions of the Russian Navy: no Russian Navy in the Black, Azov and Baltic Seas for 50 years. Military restrictions of the Russian army: from all its northern, western and southern borders, Russia must withdraw troops at least 100 km. War crimes: Russia must be punished for its wartime atrocities. Nuclear weapons: Under the new treaty with NATO, Russia must immediately agree to reduce its nuclear weapons to a quantity and quality no greater than that of the United States, and agree to inspections by NATO to ensure this compliance.

All that stops the West from these scenarios is Russia's possession of nuclear weapons.

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Accuracy 20

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When will the energy crisis happen in Europe?

Link Copy 2023-09-15 00:42:40

Prediction

It will begin in the fall of 2025

Reason

With the loss of Africa, after coups d'etat and the outbreak of war in Africa, Europe will be cut off from African energy resources. After the change of leadership, the United States will have another energy program aimed at providing energy resources first for itself, and then only selling them to Europe. Cooperation between Russia and China. China will need energy resources for its growing economy. These factors will lead to an increase in energy prices worldwide. Demand will grow, but the number of offers will remain the same.

It will begin in the fall of 2025

European countries will be unevenly affected by the energy crisis. The crisis will be accompanied by a slowdown in economic growth

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