Where will capitalism lead?

2024-11-16 07:52:06

To war

Capitalism tends toward monopolization, and monopoly ultimately leads to war. The logic of free competition inevitably brings the market to a state where only the last two competitors remain, practically deciding between themselves who should exclusively own the entire market.

At present, trade wars over market ownership are already underway, for example, between the United States and China.

Which organizations manage the global economy?

2025-07-21 02:39:43

147 interconnected companies, of which the largest are Black Rock, Vanguard Group, State Street

If you search for the owners of the world's largest companies, you won't find them. Because the owners are investment funds, banks and insurance companies. 88% of American corporations, including the Federal Reserve, are controlled by just three companies - Black Rock, Vanguard Group and State Street.

They control what we eat, what we drink, how we are treated, what movie we watch.

Can the yuan become the world's reserve currency?

2023-04-12 14:12:14

Currently no

The yuan is not a freely convertible currency. It can only buy Chinese goods.

The PRC is the world leader in the production of most industrial goods. This is facilitated by the weak exchange rate of the yuan against the dollar. If the yuan becomes the world's reserve currency, it will strengthen against the dollar, which means that China's industry will lose its competitive advantages.

Can the yuan replace the dollar?

What will happen to Russia's national debt?

2022-05-25 05:16:33

Russia will pay the national debt in rubles

The United States refused russia to extend the license to service the external debt

If creditors refuse to accept payments in rubles, a technical default will be declared.

Let them get used to it: Volodin announced the payment of external debt in rubles

The United States refused russia to extend the license to service the external debt

The economist explained what will happen to the state debt of Russia after the ban on dollar payments

It's a global robbery. Economists on what threatens Russians in the event of a default

26 days left before Russia's default: What can threaten Russians

Accuracy 50