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.

Who will win the elections in Ukraine on March 31, 2024?

2023-05-20 14:39:02

Zelensky will lose the election

Ukrainians are tired of the war and the politics of the current president

After the elections, they will talk about the end of the war

Ukrainian Elections 2024: Alignment of Forces

Will the United States withdraw from NATO?

2025-12-14 09:21:56

There is no document where the United States commits to withdraw from NATO by 2027. There are strategies and projects where NATO is criticized and viewed as a burden, but this is not a decision to withdraw. The United States will remain in NATO as long as possible.

NATO will remain, but the role of the United States will change . The USA will: 1) maintain the nuclear umbrella and political leadership. NATO is turning from an American army in Europe into a coalition where the United States is the coordinator, not the main performer. 2)) Severe pressure on the allies. This is explicitly stated in the strategies. Tools: the requirement of 2% of GDP for defense, and in fact more, linking American aid to contributions, public pressure, including threats of we don't have to protect you. Europe pays and fights, the United States governs and supports. 3️) Shifting the focus to China 2025-2027 The USA will: build up the fleet and aviation in the Indo-Pacific region, reducing non-binding commitments in Europe, Japan, South Korea, Australia, and the Philippines are preparing allies. The United States needs Europe as a stable rear, not as the main theater of war. 4) Ukraine is a test model of the future of NATO. The United States tries not to fight directly . Maximum: money, weapon, intelligence service . We arm our allies, we don't fight ourselves.

The US withdrawal from NATO: destroys the influence of the United States , frees Europe from dependence , hits the dollar and the military-industrial complex. It is much more profitable to stay , reduce costs , and maintain control . The final formula of the US strategy to remain in NATO, but to make it less American and more European. Maintain leverage without bearing the main burden.

Is Russia coping with sanctions?

2024-10-17 11:29:14

The truth is somewhere in the middle

The crisis did not happen as the West expected, but not everything is as rosy as the Russian government claims. Despite all the efforts to replace imports, everything is imported by a third, no matter how hard they try to produce their own. And it is unlikely that this figure will reach half in the near future.

Due to sanctions, Russia is forced to conclude unprofitable contracts for itself in the long term and increase its dependence on China. The impact of sanctions would have been more significant if not for the global recession.