When will the euro disappear?

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 problems will China face due to Trump's tariffs?

In China, there will be an outflow of investments, bankruptcies of small businesses, unemployment, and unrest.

With his statements, Trump has already caused significant damage to China. Foreign companies will not invest in China due to high tariffs, particularly in the long term. Chinese companies themselves are planning to move their factories to neighboring countries. Small businesses are already facing problems. Warehouses are overflowing with goods, and there is no one to sell them to. Apple and Samsung are closing factories in China, which threatens unemployment.

Even the court's decision to cancel the tariffs won't help. It will only be a delay. Yes, the tariffs will hit the US, but they will hit China harder.

What is Russia's path?

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 US banks fall after a 0.25 rate hike?

No

The Fed would not raise rates for no reason. They're saving the dollar. As they said, the US financial system is stable, which means that even if small banks go bankrupt, they will be bought by larger banks.

The increase in rates and the export of gold from the United States does not speak about the stability of the American financial system. But in the short term, everything is stable and under control.

The US Federal Reserve's Interest Rate Decision