1. WILL CHINA BECOME THE NEXT SUPERPOWER OF THE WORLD?

In the 20th century, there were two superpowers, the USA and the mighty USSR. Both of them competed in Cold War to become the ultimate powerhouse. Most of the history of the late 20th century was revolving around these things, and most of the countries changed forever in those times.

Now a new player has emerged who wants to directly compete with the USA for world supremacy. The USA has acknowledged this and as a result, it has introduced some restrictions on China by banning some gigantic American companies like Google and Microsoft from operating in China. …


For Part1:

https://sanujraj.medium.com/6-unorthodox-economy-predictions-for-the-future-part-1-a083bdb376f7

3. WILL ELON TAKE US TO MARS?

Elon Musk says he will land people on Mars as early as 2024 but if we look at his records for delivering things, I think it will be more like 2030 by going his standards. But actually, if we look we won’t be seeing any human activity on Mars by the end of this decade. It will be more like in the mid of next decade.
Nowadays SpaceX is in the testing phase and is testing its fleet of different-sized rockets for future missions.


1. VOLATILITY

The volatility is a major factor in any market of financial dependencies. In the stock market, the volatility is controlled by the government for the people in order to have a safe and proper trade. But in the unregulated market of cryptos, the volatility is on another level and you could easily see a cryptocurrency falling 30% within a day which is not good if you are keeping your savings invested in these.

The cryptocurrency was deliberately made against the usual rules that the economic world market follows where volatility was one of them. …


WHY UNIVERSAL BASIC INCOME (UBI) IS NECESSARY?

The overall economy is inflating day by day, it is inevitable and as a repercussion of that, a new method will be used to combat it, which is of UBI (Universal Basic Income). This is done for the fulfillment of the basic needs and requirements of the needy and the poor.

“There would be fewer and fewer jobs that a robot cannot do better in the future.” — Elon Musk

In simple words, it is providing the basic income to everyone regardless of their class and income. …


1. BUYING ASSETS OVER LIABILITY

First of all, you should know the difference between an asset and a liability, you should have the ability to identify what is what clearly. People often confuse between the two but this is the only thing that you need to do in order to be financially free. If done properly then it can do wonders for you and even amass generational wealth.
People who are financially illiterate will tend to buy liabilities more often than assets.

In simple words, liabilities tend to take money out of your pocket but assets, in the long run, put money back into your…


Visit thetruesize.com for actual size of every country on the world map:

THE ACTUAL REASON

In the early days of the industrial revolution, there was a need for a proper standardized map of the world. It was primarily required for world trade to be executed with ease. And of course, to make such a map it was given to the nation who was at the supremacy at that point of time in history, which was the USA, so they thought of improvising the actual world map by making themselves the center of the attraction.

The following can be the actual reasons…


This post is dedicated to all those who lost their loved ones to Covid. Always remember don’t wholly depend on the government, to them you’re just a number, but to your family, you are their entire world.

So judge less and do whatever you always wanted to do, because these tough times have truly shown us life’s short.

PLEASE DON’T TAKE ANYTHING FOR GRANTED

The Covid situation was very intense for some people as some of them lost their loved ones to the pandemic which forever changed their life. Earlier those who used to take life for granted were hit hard in the head with…


ABSTRACT

You don’t know this but you are on the losing side of the economy. Whichever way you put it, if you don’t act smartly you are going to lose money in the long run, the economic system is designed like that. Inflation will eat all your savings and profits over time if they are left in a bank account not invested in a portfolio wisely. Inflation is a silent killer and inevitable phenomenon which can’t be ignored.

If you look closely, economics is very well designed to keep financially illiterate people poor and rich people insanely rich. The rich have…


See part 1 to know more about the workings of the Economy and how it favors the rich in 2021.

Link:- https://sanujraj.medium.com/how-the-economy-and-money-works-in-2021-part-1-555bb5609e0b

THE PATTERN OF PERIODIC CRASHES

There is a pattern of market crashes that happens periodically every time when there is more supply in the market than demand. Smaller crashes happen all the time, but the big ones come every decade or so. The latest big crash came after the coronavirus pandemic, the last one before this came in the form of a housing market crash, and before that, it was the dot com bubble that burst.

And the mother of all crashes comes…


WHAT IS GOING ON IN THE CRYPTO WORLD?

In the middle of 2021, the crypto market made people unimaginable gains and made billions for the people who took their risky position in the market.

Make no doubt the crypto market is a gamble still now, it is unlike other markets which are government regulated rather it is a decentralized entity that runs 24/7 with massive volatility.

Sanuj Raj

A Millennial

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