3
If you are an economist, do you follow recent events that indicate a change of the economic order you think is set in stone?
-The increasing attemps to get OPEC members get rid of the Petrodolar, with more and more indicators that they will succeed as the trade volume of OPEC members to China,India and other bloc free nations in increasing.
- Excluding Russia from swift increasing the total use of Chinese CIPS system which will have thr highest numbers of participants and money transfered in its history this year.
- Western countries lack of manufacturing sector that has been largely outsourced to countries that are going to be hostile.
- The lack of natural resources and decline in quality and quantity of human resources and innovations in entire Europe.
-Russia was debt FREE before the invasion, the debt of the USA even compared to its assets, purchasing power and GDP cannot be repaid.
-Germany will go economic oblivion this winter based on so many factors im tired to write down anymore.
There is a world economy cycle, the current western order seems to go down, caused by the western own failures.
Try to keep good relationships with all economic and geopolitical powers in these times of potential fundamental change is the smartest thing you can do.
Bookmarks