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.

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 Trump be able to complete everything he has in mind?

2025-07-29 06:43:24

No, he'll be killed by the end of his sentence.

There are people inside the country, the Trump government, the so-called shadow government. Trump wants to bring jobs back to the United States, and to do this, he needs to make the dollar weak in order to make it profitable to produce goods in the United States. There are too many interests in this. When Trump tries to regulate the Fed, he will be killed.

The shot in the ear was a warning

Why is Biden withdrawing his candidacy for president?

2024-07-20 12:56:35

Because he can't win

Biden is under serious pressure within his party. The American president is being forced to drop out of the election race as soon as this coming weekend. The White House claims that Biden is capable of serving a second term as president, provided he is elected, but he has little chance of defeating Trump.

The Democratic Party's presidential candidate will be chosen at the party's national convention, which will be held from August 19-22 in Chicago. And it will not be Vice President Kamala Harris. Biden is one of Ukraine's main sponsors. President Zelensky has already stated that by the end of the year the war will end its active phase, which means they are preparing for a change in the US leadership.