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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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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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When will the new dimension be discovered?

Link Copy 2023-07-07 01:22:59

Prediction

After 100 years

Reason

Humanity will need engines for spaceships that can reach new planets in a short time. All forces will be thrown into the creation of engines capable of moving through time

After 100 years

Humanity is not yet ready to travel to new dimensions

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When will Russia capture Odessa?

Link Copy 2024-02-01 12:52:56

Prediction

The fighting will begin in the fall of 2024

Reason

In the case of significant successes in the Donbas and near Kharkov, there is a very high probability of launching an offensive against Nikolaev, followed by its capture and access to the outskirts of Odessa at the end of summer. In connection with the allocation of 51 billion euros of aid, military operations will begin with renewed vigor, and a new Ukrainian offensive has already been announced in order to delay the advance of Russian troops.

The fighting will begin in the fall of 2024

Ukraine's loss of Odessa and the surrounding territories would mean turning into a completely isolated state, which is also blocked from the north, east and south by unfriendly countries (Russia-Belarus-Transnistria).

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