What to expect from Trump?
2024-11-29 08:40:09
Trump will impose his demands and end up quarreling with everyone. He has not yet taken office, but has already promised to raise duties on non-American goods. He is expected to resolve the conflict in Ukraine, reduce spending, and escalate the trade war with China. European interests will be completely ignored.
If the U.S. imposes tariffs of 60 percent on all imports from China and raises tariffs on imports from other countries, lowers personal and corporate taxes, and deports millions of illegal immigrants, we can expect lower U.S. output, increased inflationary pressures, and increased market volatility. The U.S. economy has a strong impact on the global economy because of its size: the U.S. accounts for more than a quarter of global GDP. As a result, in the next three years, the growth rate of the world economy will decline by 2-3% per year. With global GDP growing at about 3% per year, it can be assumed that the world will stagnate at best and recession at worst.
Most likely, after his rule, few people will talk to America. Non-U.S. companies will have to look for other markets because they will be pressured by tariffs. South Korea is already subsidizing its chip companies due to the start of Trump's rule.
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Does it even make sense to trust rating agencies?
2022-06-11 13:52:55
No. Agencies do not cope with the basic task - they cannot objectively assess the creditworthiness of the borrower.
The company that is evaluated pays for the valuation. There is no transparent methodology for calculating the rating that can be verified. Rating agencies are not responsible for the ratings given. Geopolitical interests influence the ratings of agencies.
Usually, rating agencies seriously overestimate ratings for the country they come from.
Agencies twist countries' sovereign ratings
Storm petrels of the crisis How the actions of rating agencies led the world to financial collapse
What you need to know about ratings and rating agencies
How credit ratings agencies rule the world
Accuracy 40
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Elon Musk wants to start producing his own phones, can he beat Apple and Google?
2025-04-11 06:05:27
Musk can establish the production of phones if he wants, and he can even compete, but he cannot defeat the world giants
The United States has imposed protective tariffs on all countries. Apple and Google phones are not made in America, but in other countries. In the near future, their prices will skyrocket. Musk wants to establish production in the United States, making phones at competitive prices. But the main problem is that his reputation is ruined. And there are more and more competitors, and they are already putting pressure on his business, especially on the business of electric vehicles. And because of the trade war, goods and services from the United States will be less in demand. And this is already a trend.
The analytical divisions of UBS, Mizuho and Goldman Sachs revised downward the target levels of Tesla shares. Experts note that the slowdown in the global economy and the strengthening of trade barriers may continue to put pressure on Tesla quotes.
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When will people meet their brothers in mind?
2024-05-09 10:34:56
After they get to Earth-like planets by 2160
Near-space scans have yielded no results, and the nearest Earth-like planets are 55 parsecs from Earth
Humanity will find either intelligent beings or the remains of ancient civilizations
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