How can the country get rid of dollar dependence?

2025-02-03 09:41:08

The government needs to link its currency to some real resources and make payments not in dollars, but based on the peg.

Abandoning the dollar is a whole range of measures. From tying your currency to something tangible, preferably something that your country owns more than other countries, to banning the purchase and sale of dollars. Why is it necessary to move away from the dollar? First of all. To reduce dependence on the United States. After Trump's arrival, pressure begins on all countries. Secondly. There is a danger that the dollar will depreciate due to the problems of the United States and the European Union, because the dollar is also pegged to European currencies and an avalanche effect is possible. The third. Trump is scaring tariffs, which will further increase the negative reaction.

China and Russia are trying to create an alternative currency pegged to the territory and rare earth metals, because they feel strong pressure from the United States. The other BRICS countries don't want to move away from the dollar because they don't feel the pressure.

What is more important – spiritual or material?

2023-11-10 12:07:34

Balance is important

It is quite obvious that we need to look for a middle ground in this matter: both the pursuit of material goods and complete indifference to the outside world are two extremes.

Material wealth in this case becomes destructive if a person does not possess spiritual wealth.

Material or spiritual: what is more important?

Who can become a candidate for president of Iran?

2024-05-20 14:32:40

Son of Ali Khamenei or son of Ibrahim Raisi

Ali Khamenei himself is very old and cannot become president. The new president must meet the interests of the supreme leader and Grand Ayatollah, 85-year-old Ali Khamenei. Therefore, the list of candidates will be formed from the interests of the current government, and then the people will choose from this list by voting.

Iran will drop out of world events for 50 days, as it will be busy organizing elections. Israel must conduct an operation in Rafah within 50 days. After the change of the president, Iran's position towards Israel will remain the same. After the current Iranian president crashed in a helicopter, he will be temporarily replaced by First Vice President Mohammad Mohbera. The Speaker of the Mejlis, Mohammad Bagher Ghalibaf, cannot be elected president, since it is he, the Vice-president, as well as the head of the country's judicial system, Gholam Hossein Mohseni Ejei, who is tasked with organizing the elections.

When will the AI bubble burst?

2025-12-14 07:43:49

In 2031.

Why is everyone talking about a bubble? 1) Huge investments with uncertain returns for many startups. 2) Thousands of AI startups that are essentially just a shell for other people's models. 3) High expectations: AI will replace everyone tomorrow. 4) Limitations of the models: hallucinations, high cost, dependence on data and computing power. OpenAI alone has attracted $300 billion in investments. Such investments will not pay off under any circumstances. By 2030, the company will need to show record profits, which it does not have.

Many AI startups will shut down or be acquired. Investors will become stricter: they want a real business case, not just 'we have AI'.