GLOBAL FUTURE ANALYSIS
CREDIT | BARTERS
Bilateral international bartering will grow severely. There will also be huge long term barter deals within bilaterals (between two nations who wants to help each other). Barter deals ensures the interest of both parties. Bilateral bartering will be a part of the granting distribution model that will become in place as resources will reach their maximum market price and the market price distribution has reached its maximum and demand still will be much higher than supply. A country as Venezuela has taken the lead in this. Oil for doctors (deal with Cuba), Oil for knowledge (deal with Portugal), etc. China is also very active with it. This type of mostly currencies and market prices independent (mutual interesting) deals will become a payment method as resources deficit nations will loose their purchase/payment power. This international bartering system will be a severe salvation for the former first world.
Author: Gijs Graafland
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