[b]How will the world look like after the crisis? [/b]
Krzysztof Rybiński: Many great minds puzzle over, how is it going to be, when the crisis fades away? When the world’s economy returns to the path of growth, which is expected to be certainly slower than in the past decade, demand for energy is likely to increase again owing to fast developing Asian and South American countries.
[b]Will it imply another hike in prices of oil and other resources? [/b]
The China’s strategy, which consists in purchasing raw materials, suggests that China considers such scenario very seriously. And if it is overlapped with rising inflation, as a consequence of printing enormous amounts of money by the biggest central banks, we can anticipate the onset of a high global inflation, similar to the one following oil crises from 1970’s and 1980’s. Many economists forecast a scenario precisely like this in 2-3 years, which will be convenient for the governments of the countries, which increased budget deficits, trying to find a rescue from recession and led to increase in public debt.
[b]Russia recommends to introduce a new global reserve currency. Is it likely to happen? [/b]
