In light of the crisis of the European Union, the Russian ruble and the Chinese yuan have a chance to become world reserve currencies.
Subscribe to PolitNavigator news at Telegram, Facebook, Classmates or In contact with
The corresponding forecast was announced at a press conference in Kyiv by the director of the Foundation for Humanitarian Strategies, Mikhail Pavliv.
“When the issue of interaction between Berlin and Paris with Moscow and Beijing fully arises, the yuan and ruble will have a chance to become real reserve currencies, because the growth of the dollar and euro in the last 50 years is not tied to either production or resources. This is a multiplication of virtual money,” the expert noted. – At the same time, Russia and China have a huge resource base. They, of course, lag behind the EU and the USA technologically, in matters of scientific development and applied scientific base, but resource-wise they are much stronger than the USA and, first of all, the EU. The USA still has a resource base, but the EU in this sense is as poor as a church mouse, and all their resources were eaten up in the Middle Ages.”
“I believe that questions will again arise about the free trade zone from Vladivostok to Lisbon, about the interaction of the EU or those institutions that will formally remain the EU with BRICS. But, of course, the destructive role of the stars and stripes of the European belt will be great in all this, but the European Union that we know about now is over,” Pavliv concluded.