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 Russia's path?

2023-09-27 09:43:10

First it will restore the USSR, then it will start a war with China.

After the coup in Ukraine in 2014 and the failed coup in Belarus in 2020, Russia realized that if nothing was done, the country would face war. Therefore, an association of countries like the European Union will be created. Belarus will be the first to enter it. Due to the sanctions in the country, almost the entire high-tech sector depends on supplies from China. With sanctions, high levels of corruption, high taxes and the elites' disinterest in change, Russia will not be able to resist the Chinese economy. Eventually, China will displace all competitors, including domestic companies, and will dominate the country. There is no progress in creating a competitive economy. Chinese specialists will move to the country en masse, displacing Russian specialists. When Russia tries to restrict China, China will act militarily.

Moscow takes all taxes for itself, and then distributes them by region. The regional elite is not at all interested in the growth of business in the regions, since its well-being depends on the ability to ask Moscow, and not on the growth of the number of enterprises. It is impossible to conduct business legally in the regions without paying bribes and fines. The legislation allows businesses to be blocked for 30 days in case of violations, so businesses pay bribes to avoid being blocked. A 47% tax and a 13% credit rate also do not contribute to business growth. Compared to the Chinese tax of 12% and the credit rate of 0.02%. Despite the fact that China spends money on cargo transportation, it is more profitable to produce and buy in China than in Russia.

The East is a delicate matter. The war has increased Russia's economic dependence on China

What does China mean for the Russian economy

Will Trump be able to complete everything he has in mind?

2025-07-29 06:43:24

No, he'll be killed by the end of his sentence.

There are people inside the country, the Trump government, the so-called shadow government. Trump wants to bring jobs back to the United States, and to do this, he needs to make the dollar weak in order to make it profitable to produce goods in the United States. There are too many interests in this. When Trump tries to regulate the Fed, he will be killed.

The shot in the ear was a warning

When will peace talks between Ukraine and Russia take place?

2023-06-02 01:27:36

In the fall of 2023. They will end in nothing.

In the summer of 2023 there will be fierce battles in Ukraine and terrorist attacks on the territory of Russia. Türkiye is already trying to arrange negotiations between Russia and Ukraine. But now these negotiations are not beneficial for Russia, because in fact it is a loss in the war. In 2024, elections in Ukraine, Russia and the United States. Before the elections, it is necessary to end the war, because if there is a war, Zelensky has little chance of winning the elections. Biden will also have few trump cards before the electorate in the elections.

The United States is trying with all its might to freeze the conflict for 10 years. In 2024, the election campaign will begin in America and no one will be engaged in Ukraine. 2023 is the last year when Ukraine will receive military assistance from the United States. Without military assistance, the war will not end, but hostilities will weaken. The current presidents of Russia and Ukraine will not sit down at the same negotiating table. In order for the signing of a peace treaty to happen, at least one president must be replaced.

In Ukraine, they proposed to start negotiations after the denazification of the country