US stock market collapse
Some economists believe tha the collapse of the US stock market is not the final stage. Market players will see the continuation of the fall. Analysts predict not just a stock price collapse but a full-blown crisis with a prolonged recession in the economy. Such a scenario is not excluded, as there are signs of a growing slowdown in the US economy. The financial crisis in America will have a negative impact on the global economy and will affect the value of a number of assets.
Oil cost $30
The cost of the most important commodity asset, oil, largely depends on the situation in the financial markets. At the end of 2018, this asset fell from $87 to $50 and there was a shakedown in the global market. Earlier, in 2016, oil quotes dropped below $30 per barrel, and it almost became a disaster for a number of countries. In the event of such a development, the collapse may recur. In order for oil prices to crash even more, the desire of large market players is enough, and the OPEC+ deal to reduce production will not affect the situation, experts are sure.
US currency cost 100 rubles
A collapse in oil prices will inevitably lead to a devaluation of the Russian ruble, analysts believe. Many of them predict that in 2019 in the Russian Federation 1 US dollar will cost 100 rubles. However, the ruble may weaken for other reasons, for example due to sanctions or the purchase of currency by the Central Bank. Nevertheless, the financial authorities of the Russian Federation will not allow a significant weakening of the national currency, although its position remains unstable.
Tougher sanctions and a ban on the use of US dollars
According to experts, in 2019 the weakening of the ruble will be followed by tough US sanctions affecting the largest banks and the national debt of the Russian Federation. As a result, Russia will be in isolation, disconnected from the global financial and economic system. After the introduction of sanctions against RusAl, which are considered a “pilot version,” other strikes against the Russian economy will follow. New sanctions will lead to a ban on transactions in US dollars. Many Russian enterprises now use euros when dealing with foreign partners, and this trend will strengthen.
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