When will the dollar collapse?

The economic condition of our country directly depends on the behavior of the dollar exchange rate. Therefore, many Russians are now interested in the question: when will the dollar collapse. New predictions for 2018 are provided by experienced financial and economic analysts who have already been able to calculate how the US dollar will behave in 2018. According to calculations, the average dollar exchange rate in 2018 will be 57 rubles. By the end of the year, the average rate will rise again, reaching 62 rubles. Such an impact on the dollar will have an increase in oil prices and a narrowing of the range of sanctions in Russia. However, American analysts predict a new economic crisis in the coming year. At the same time, the crisis, according to the investor and owner of large corporations in America, Jim Rogers, can come from anywhere in the world.

The crisis will not necessarily have a direct bearing on the dollar, and may not affect the Russian economy. Predictors and analysts have cited a variety of scenarios:

• 1) Optimistic;
• 2) Anxious;
• 3) Realistic;

According to the optimistic scenario, the price per dollar may drop to the $ 40 mark, but on the contrary, the alarming scenario allows the price to be the amount of 60 rubles... Such a forecast is given by analysts who start from calculations with the price of oil and calculations with other indicators. In any case, the dollar is not the only indicator that can affect the exchange rate of the ruble and the Russian economy. For comparison, you can see the forecasts for 2017.

Predictions for the dollar exchange rate in 2018

Predictions do not always come true, even if they were made by leading economists and world financial corporations and banks. So, at the beginning of 2017, it was expected that the average exchange rate per dollar would reach 65 rubles. Quite often its cost really approached this value. The question of when the dollar will collapse in 2017 and predictions on this topic are still a pressing issue, because there are still several months before the end of the year and serious changes may occur in the exchange rate. The predictions from Russian and foreign analysts at the end of 2017 differ. In Russia, the price is expected to be 60 rubles per dollar, while Western experts claim that the price will decrease and will range from 45 to 56 rubles. That is, if it is worth waiting for the dollar to collapse in 2017, it will take place at the very end of the year. And, according to the predictions, there is no need to wait below 45 rubles per dollar.

What will be the consequences if the dollar collapses

In answering the question of what will happen if the dollar collapses, the global financial crisis should be put in the first place, and not the improvement in the ruble exchange rate. Undoubtedly, the price of the dollar will fall, but will it affect the general state of the economy. Russia will have more positive rather than negative consequences. Bad consequences await those who kept their savings and deposits in dollars. Also, the situation will worsen for those who took out mortgages and loans in dollars, at a rate lower than that of the ruble. Financial shackles will weaken in Russia and, even for a short time, the economy will be freer. Purchasing power will improve in Russia. The degree of such improvement depends, again, on the level at which the dollar is located. In general, we can conclude that any changes that occur with the dollar are reflected in the economic situation around the world. It will even affect countries where dollars cannot be bought. The collapse could happen if the US external debt gradually increases. Then, indeed, the depreciation of the dollar will begin in the fall of 2017. And the replacement of the dollar will require the introduction of a new international currency.

Consequences and risks for the ruble

It is impossible to say unequivocally what will happen to the ruble if the dollar collapses. On the one hand, if the dollar depreciates, the country's economy may improve. On the other hand, on the contrary. After all, the economy of our country is largely involved with dollars. For example, the dollar has fallen below 30 rubles - it is inconvenient to sell oil for dollars, since it will not be profitable. Few people need the fallen dollar. And if you sell oil for rubles, then the ruble is not particularly needed by potential buyers. The fall in the dollar is a decline in the price of the dollar itself, not an increase in the price of the ruble. These are two completely different situations. One of the most negative consequences of the collapse of the dollar is the impossibility of paying for exported goods. After all, more than 50% of goods inside our country are exported.

Wanga's predictions

According to Vanga's predictions, in 2018 the Russian economy will strengthen, a new page and a whole economic era will begin... Against the background of alarming predictions for the world as a whole, the prophecies for Russia look quite optimistic. According to Vanga, Russia will not only get out of the crisis, but will also be able to strengthen its position in the world economic arena. It is possible to link the economic situation in 2017-2018 in Russia and the world with cataclysms. Prophecies related to hurricanes and floods are already coming true. Cataclysms cause serious damage to the economies of states, however, compared to America, Russia is hardly affected by cataclysms. This means that Russia will not suffer serious financial losses. Also, in the predictions of Wanga and other seers, there were words that the dollar would soon collapse.

Nikolai Starikov on the collapse of the dollar:

Collapse or growth?

There were no predictions that the dollar would seriously collapse in 2018. It is worth waiting for a decrease in the price of it, but not much. With a rapidly changing financial situation, the most unexpected consequences come. It is not worth completely excluding the dollar's fall, but there is no need to hope for it either. However, a number of experts say that the collapse of the dollar is inevitable. They predict the collapse in the fall of 2017. But “collapse” implies an abrupt process, and the collapse of the dollar will occur in stages and, most likely, will drag on for years. Indeed, the dollar has been depreciating in recent weeks. Not very noticeable, but still. Other experts point out the weakening of the ruble against foreign currencies. If the dollar continues to fall, then this will happen in relation to the yen and the euro, and not the ruble. The ruble is in a different weight category of currencies.

Will the dollar collapse, time will tell, and what do you think about this?