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.

How to accelerate the spread of artificial intelligence?

2024-09-26 15:17:36

Increase the number of datasets in different languages

Right now, the problem with the growth of AI is the lack of quality data.

In the near future, there is a demand for quality data analysts.

Data quality is the main obstacle to GenAI

Legacy data architectures are holding back the adoption of generative AI

Can Bloomberg forecasts be trusted?

2023-04-05 07:15:35

No, Bloomberg is currently engaged in the formation of public opinion.

Once upon a time, Western rating agencies such as Bloomberg, Goldman and Flich were truly independent. It was then that they gained their popularity. Now these economic agencies are largely politicized and work at the request of governments, or rather economic clans, whose interests are protected by governments. Even the world's stock exchanges do not react much to the forecasts of these agencies.

Bloomberg, a privately held company based in New York, is one of the top two providers of information for the financial markets. The media are actively reprinting all Bloomberg's forecasts for the economy, and traders are guided during the game on the foreign exchange market, including the statements of this company.

The empire of lies is disintegrating: Bloomberg and CNN are fleeing Russia after the law on fakes about the Russian army

Will Biden be impeached?

2023-07-30 13:06:12

Congressmen will try to impeach. In the lower house, it is quite possible that they will vote for it. But they will not be able to get a majority of votes in the Senate.

At the moment, the Senate is controlled by Democrats, and they, in turn, will not have all these articles of impeachment against Biden.

Will Biden be impeached?

There will be no real impeachment of Biden with removal from power