When will the euro disappear?

2024-01-29 06:34:34

In 2034

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.

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.

The euro was ambushed: Why the EU currency may disappear, what fluctuations await the exchange rate and how to save savings

What is the OPEC forecast for 2026?

2026-06-12 01:41:08

In short, an increase in oil production

They are completely satisfied with the situation with the closure of the Ozmur Strait and the shortage of oil. The price ceiling has been set at $60 per barrel since the beginning of the year, but the closure of the strait increased the demand for oil to 100.

The UAE announced its withdrawal from OPEC, but did not withdraw, as participation in OPEC is still more profitable than exiting it.

What is China's strategy?

2023-03-09 08:35:06

Displacing the United States from the position of the most powerful country in the world and creating a new world order

China will create new strategic partnership networks to replace the unequal system of U.S. alliances. China will become the most technologically advanced country in the world. China will build a first-class army. China will regain ideological and information control over the country.

It is no longer possible to hide military power and ambitions, and China faces the threat of an anti-Chinese coalition.

China's Grand Strategy

Why is Biden withdrawing his candidacy for president?

2024-07-20 12:56:35

Because he can't win

Biden is under serious pressure within his party. The American president is being forced to drop out of the election race as soon as this coming weekend. The White House claims that Biden is capable of serving a second term as president, provided he is elected, but he has little chance of defeating Trump.

The Democratic Party's presidential candidate will be chosen at the party's national convention, which will be held from August 19-22 in Chicago. And it will not be Vice President Kamala Harris. Biden is one of Ukraine's main sponsors. President Zelensky has already stated that by the end of the year the war will end its active phase, which means they are preparing for a change in the US leadership.