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.
Scan the QR code to open on your mobile device
Who will win the 2024 European Football Championship?
2024-06-15 14:02:57
France or Portugal
At the World Cup, France lost to Argentina on penalties. Argentina is not participating in EURO 2024, and France has almost the same composition. Portugal is also a strong team with Ronaldo at the helm. The rest are playing with new lineups.
Chance will decide everything.
Scan the QR code to open on your mobile device
How will the distribution of world religions change in the future?
2023-04-26 13:44:59
Until 2060, Christians will remain the largest religious group. By 2060, Islam will become the main world religion that will take the place of Christianity. 3.23 billion Muslims and 2.99 billion Christians.
The main reason for the rapid growth of Muslims is a high birth rate, and not the departure of people in Islam. Moreover, the main driver of this process will not be the countries of the Middle East, but ... India and the USA. India - due to the rapid general increase in the population, America - due to mass immigration. The number of Buddhists of the world is expected to remain approximately at the same level due to a low birth rate and aging of the population in countries such as China, Thailand and Japan.
This is just a forecast based on current demographic trends. In the future, various kinds of scientific and technological revolutions may occur, which will affect the worldview of people in a completely different way. It also does not take into account the consequences of wars taking place on the planet. If we take into account the consequences of wars, then Hinduism will come in second place.
The Future of World Religions: Demographic Growth Projections, 2010-2050
Why Islam will soon become the largest religion in the world
Scan the QR code to open on your mobile device
What will become of the dollar when it ceases to be a reserve currency?
2023-10-14 07:58:37
The same thing will happen to the dollar that is now happening to all other currencies that are now devalued against the dollar
If the US dollar ceases to be the world's reserve currency, this will lead to a total collapse and collapse of the US economy, which is not far from the collapse of the country.
Why is the status of the world reserve currency so important for the United States? This allows them to print dollars almost uncontrollably – if it causes currency devaluation in other powers, then everything is OK. Every time a state or a person buys a dollar, he takes on part of the US government debt.
Challenging the dollar is the main fear of the United States.
Scan the QR code to open on your mobile device
