Will the BRICS currency affect the US dollar?

2024-12-07 13:11:47

Even if there is a currency, no one will abandon the dollar, the further dominance of the dollar depends on the United States itself.

Russia, China, India and other countries accept the dollar and do not plan to abandon it 100%, settlements are also carried out in terms of dollars. The well-being of the dollar depends on the United States itself, if they act from a position of strength, then the rejection of the dollar will accelerate and a new currency will be issued. The BRICS countries will be more active in expanding trade in national currencies, as the use of the dollar as a sanctions stick has undermined confidence in it

Most likely, the BRICS will have to abandon India. Since she does not like to trade for the yuan, she does not want to give up the dollar. Because of this, the decisions of the BRICS groups, including the creation of a currency, are very difficult, at least that's how it is presented in the news. If the BRICS currency is backed by real resources, including land and rare earth metals, Russia will regret it in the future. Because it will not be able to compete with China, which will eventually be able to demand land in exchange for currency.

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.

Is there global warming?

2023-03-29 06:06:34

No

The bankers came up with a scam, puppet officials lured by them announced the agenda at their meetings, scientists lured by grants confirmed anti-scientific conclusions, falsified statistics, and then ordinary sectarian activists begin an aggressive information attack on the population. Some of the latter are simply sick, some are being fed, some are simply stupid and passionate about movement, believing in bright pictures.

Changes in CO2 content in the atmosphere are a consequence of temperature rise, not its cause.

Why global warming is a myth. Anti-scientific sect

Why have all the big companies turned to AI now?

2026-04-06 09:16:48

This is a strategic and economic trend. Investing in AI is about saving, growth, innovation, and HR strategy at the same time.

By 2045, the global IT market will become clearly concentrated, with several leading players and a high market share. It should be noted that the market may shrink by about 1.5‑3 times in terms of the number of active professionals, but at the same time the quality, complexity and value of these specialists will increase.

It is safe from the point of view of control not to go into AI, but it is almost guaranteed to lead to lagging behind and loss of market share, especially if competitors actively use AI. In a highly competitive world where speed and scale are important, not using AI can be worse than the risk of failures in its implementation.