When will the European Union break up?

2023-03-05 11:53:24

Prediction

In 2033

Reason

The main reason is the political disagreement between members of the European Union

In 2033

As the European Union is part of NATO, and the U.S. is planning to start a war against Russia and China. Many in the European Union will not like this and will decide to break the alliance

References

EU crisis: Majority of Europeans believed bloc will fall apart within 20 years

Europe Will Disappear: Prophets Told How It Will Happen

QR code

Scan the QR code to open on your mobile device

Comments 0

How to speed up dedollarization?

2023-05-08 07:42:30

Prediction

Trade resources for local currencies, tie prices to gold or rare metals, trade only your own securities on the market, make the currency freely convertible

Reason

If Beijing wants to make the yuan the world's reserve currency, then it will have to first go for financial liberalization. In theory, the dollar can also be replaced by a system that is not based on a specific national currency. In this case, gold or cryptocurrencies can become a universal means of payment.

Trade resources for local currencies, tie prices to gold or rare metals, trade only your own securities on the market, make the currency freely convertible

If investors begin to massively get rid of dollar assets and return the American currency to their homeland, this will provoke a surge in inflation in the United States and a potential debt crisis. The problems of the USA will spread to the financial markets, which are still dependent on the dollar, and will cause a new round of the global economic crisis.

References

Is collapse inevitable? Can the Ukrainian crisis deprive the dollar of its reserve currency status?

QR code