Hello everyone, it's that time of year again for (wrong) predictions. I'm going to throw out the following for 2025: a severe euro crisis in Europe (including a severe crisis of the british Pound and fiscal turbulences). In view of the energy crisis, slowly rising inflation, national debt, the attempt to consolidate more and more political competence and interventionism in Brussels, things are likely to go downhill significantly.
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20 sats \ 0 replies \ @Golu 30 Nov
Europe is in tatters and it's clearly indicated to me by their ever decreasing export to India. Not looking good for them as well.
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0 sats \ 0 replies \ @Msd0457890 30 Nov
But why do you say that it is a prediction, if from what I know Europe and the euro have been in crisis for a while or are you saying that things are going to get worse? For example, in Spain, young people are emigrating and taxes are sky-high.
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0 sats \ 2 replies \ @Solomonsatoshi 30 Nov
China has beaten the western capitalists at their own game.
China now dominates global commodity markets because it is the most efficient processor and manufacturer on the planet.
Chinas politburo are mostly trained engineers and they are directing capital into infrastructure and productive assets.
Chinese children treasure productive study of engineering and are encouraged to develop skills in these areas which increase Chinas strategic advantage over competitors.
Naturally China is looking to build its global network of logistics and resource hegemony via the Belt and Road program and the tertiary level of this is Chinas already functional CBDC which is intended to be the base protocol for the BRICS Pay alternative to USD SWIFT hegemony.
As the west declines into woke ineptitude, infertility and ideocracy, China is poised to take over control where western civilisation once dominated.
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5 sats \ 1 reply \ @jk_14 30 Nov
China has already similar problems with infertility...
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0 sats \ 0 replies \ @Solomonsatoshi 30 Nov
True, China is not without challenges, but overall the trend is clearly a rising China and declining West.
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