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.
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Will there be a World War 3?
2022-11-26 23:08:39
The year 2060. There will be a shift in global leadership. And the change usually ends in war.
The current confrontation between Russia and Ukraine is only the beginning. After the war there will be a truce for 30 years. China will take the place of Europe and the United States in Russia. China will dominate the world markets, and Europe without Russian resources will languish, and with it the USA. Russia will develop on the territories of the former USSR. China will conclude land sharing agreements with Russia. Then it will turn out that only China benefits from this. The Russian president will fly to China to break the agreement and will be killed and China will take back the divided lands from Russia. Some territories will secede from Russia through referendums. A war will start between Russia and China. In parallel, Ukraine will attack with US support. The war will be waged with the use of nuclear weapons. Otherwise, Russia will not win the war, attacked from three sides - China, Ukraine and the US. The US will be forced to enter the war as it will fall behind China by 2060. Europe will help Russia, fearing that after Russia, China will go to Europe.
As Russia, Ukraine, USA and China will be at war, and sea routes to deliver goods will be blocked, famine will begin in Africa and other countries dependent on food imports. After the war, the world population will be reduced by 1/3. Since the situation will not be controlled, other wars will start, such as Israel with Iran and the Arab world, India with England, China and Taiwan.
Will China become the centre of the world economy?
The Toll of Economic War
Why has the information war been so destructive?
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What will happen to Syria after the change of power?
2024-12-10 14:02:16
It will be divided
Numerous rebel groups control various parts of the country, and they all want their share of power. A civil war is expected. In addition, other states have interests in Syria.
Israel has already begun to divide Syria. The Israeli military captured several towns and villages, including Aarna, Bakassm, Rimeh, Hina, Qala, Jandal, al-Husseiniyah, Jita and al-Hashab south of Damascus. They now control the entire Golan Heights, including the Syrian side of Mount Hermon. They said that they would forever retain control over the Golan Heights. The new Syrian authorities have already sent an official appeal to the UN Security Council demanding an end to the aggressive actions of the Jewish state. Qatar, Iraq, Saudi Arabia, Iran also condemned Israel's actions.
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Will there be a global financial crisis due to U.S. bank failures?
2023-03-29 11:59:43
No, the U.S. financial system is stable, but bank stocks will fall
Next week the Fed will decide whether to raise rates or not. If the rate is lowered it will be a blow to the dollar, if it is raised it will be a blow to the banks. Most bank analysts are predicting that the rate will go up because it is more important to save the dollar. The report will be published in 3 weeks after the meeting, i.e. at the end of April. It also coincides with the publication of Q2 reports. After that there will be an avalanche of falling stocks of banks and technology companies.
In 2 months you have to sell stocks of banks and technology companies or play the downside
The outlook for the US banking system is negative
A leading technical analyst has just warned that comments from Fed Chairman Jerome Powell this week could trigger an asset sell-off
Bank of America analyst warns clients that recession shock is on the horizon
Goldman analysts no longer expect Fed rate hike in March after SVB failure
U.S. government steps in and says people with funds deposited at SVB will be able to access their money
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