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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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Comments 0

When will the next pandemic be?

Link Copy 2023-03-21 07:42:19

Prediction

WHO will try to introduce the next lockdown in 10 years. But such a trick will not succeed again, and all the organizers and those involved will be imprisoned in 2034.

Reason

This is already being said by Bill Gates, who is a sponsor of the WHO and owns shares in most of the large pharmaceutical companies that benefit from the pandemic.

WHO will try to introduce the next lockdown in 10 years. But such a trick will not succeed again, and all the organizers and those involved will be imprisoned in 2034.

Most likely, biological weapons are already being developed, and there is a more deadly virus, since they are talking about it.

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Which party will win the 2024 Indian general election?

Link Copy 2023-03-31 13:00:45

Prediction

BJP to win India's May 2024 elections

Reason

In previous elections in all states, with the exception of the Dravidian Tamil Nadu, where the BJP suffered a serious defeat, this party either maintained or improved its position. In such key Hindu states as Gujarat, Rajasthan, Maharashtra, Bihar, Madhya Pradesh, the BJP's victory was total.

BJP to win India's May 2024 elections

The Indian economy is now well balanced, and the country's leadership is doing everything to develop it further.

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Will the global financial system collapse if the dollar is abandoned as a reserve currency?

Link Copy 2023-04-11 14:46:57

Prediction

No, the US is only scary. Dedollarization is a long process.

Reason

If the dollar ceases to be the dominant world currency, the US will lose significant economic influence on the world stage. This will weaken their geopolitical positions.

No, the US is only scary. Dedollarization is a long process.

The absence of a worthy alternative to the dollar in international settlements has led to a distortion in the foreign exchange market, which is expressed in the fact that when the dollar rises in price, most of the world's reserve currencies become cheaper, and vice versa. The world of currency and financial markets, accustomed to such an order, may not be ready for the fact that the credibility of the American will ever be lost forever.

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