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1541  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not a get rich quick scheme. on: November 17, 2023, 07:04:03 PM
Bitcoin right now probably can't make you rich, but it can help give a good boost to your net worth — obviously due to price appreciation, and depreciation of fiat currencies.

Bitcoin isn't a get rich quick scheme, it's a not-get-poorer scheme.
Bitcoin is not for a person who wants an easy money, Tbh this is not all about gaining huge return of investment due to its volatility, Prices may vary depends on the market movement. Investing in bitcoin requires patience, understanding, good decision making and knowledge how crypto investment works, Not totally pure knowledge about crypto but at least has an idea and background about the coin. It can't make you rich in just a snap, Always remember that all investments takes time so if you're planning for a long term investment in bitcoin, it's important to set aside money for emergencies and to have debt under control.
Expecting significant riches with bitcoin is something what filled up peoples' mind 2017. Bitcoin may not offer the explosive wealth-building potential seen in its earlier years. it acknowledges Bitcoin's potential to positively impact net worth, but still beneficial contribution to one's overall financial portfolio. This perspective emphasizes a realistic outlook on Bitcoin's current role in wealth accumulation.

But seriously, it's not bitcoin that makes you rich, but it's your work / effort to gain profit from bitcoin's fluctuating price. Bitcoin is a just work area. Cheesy
1542  Alternate cryptocurrencies / Altcoin Discussion / Re: is it still risky to Invest into Altcoin now? on: November 17, 2023, 06:18:41 PM
I would like to brief about the current market situation as there has been surge in value of altcoins a much higher surge compared to Bitcoin and many would have utilised this momentum to gain profit but if we look at the other side if you just look for top gainers you will find altcoins with top surge but the next day or after few days if you check the top losers you will find the same top gainers in this list as well. So there is a price increase for altcoin but not a established one like Bitcoin, because we have not seen dump in the value of Bitcoin for over an month now but Altcoins has been pumping and dumping and in my opinion it's not worth to make entery for long term as of now it's good only for quick profit whole being very active. What's your opinion ? Shall we invest or just involve in quick trades ?
Making decision to invest in altcoins depends on your risk tolerance, investment goals, and time commitment. Altcoins can be more volatile than Bitcoin, experiencing rapid price fluctuations due to market sentiment. While this volatility can offer opportunities for quick profits in short-term trades, it also poses higher risks. If you mean to invest, you better dont go on unestablished altcoins, the risk is to high. but it can be a good option for trading, because the rapid price fluctuations is a big chance to gain profit, if you have the time to actively monitor the market and make informed decisions.
1543  Economy / Gambling discussion / Re: What I've learned so far as a gambler on: November 17, 2023, 05:58:32 PM
Responsible gamblers do not only know not to chase their losses but also know when to take what they have won to leave the casino with it. On some days, you should be able to enjoy the pleasure of winning even if it is not so much and avoid the temptation of being tempted to play more. In summary a gambler should have good self control.

This dual awareness reflects a mature approach to gambling, emphasizing not just self-control in avoiding potential downturns but also the ability to gains. Knowing when to walk away is a crucial skill, that leads to preventing excessive use and taking care of financial prudence. Responsible gambling is not solely about avoiding pitfalls; it also entails strategic decisions, ensuring that favorable outcomes are not overshadowed by the allure of continued play. It underscores a balanced and thoughtful approach to gaming that prioritizes both enjoyment and fiscal responsibility.
1544  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: November 17, 2023, 05:47:45 PM

If Bayer Leverkusen can maintain these good results and great performance at least until the season break or the first half of the season, then at least Bayer Leverkusen really has a chance of getting the treble. Indeed, maybe judging Bayer Leverkusen to get a treble this season seems too exaggerated but after all, we won't know what will really happen later. But if I may predict, then at least at this moment I am still very confident that Bayer Leverkusen will probably get the treble. But yes, if for example Bayer Leverkusen fails to get the treble, then at least there is still the DFB Pokal which seems to promise a trophy for Bayer Leverkusen. Because after all, in the Bundesliga competing with Bayern Munich and in the European League, there is still Liverpool who also have a chance to win the trophy. Therefore, if Bayer Leverkusen fails in these two competitions, then of course Bayer Leverkusen will get the DFB Pokal.
Consistency is key in a competition, if the team can maintain their good results, it reflects a strong foundation. Bayer Leverkusen's impressive performance raises hopes for a potential treble. This hope is not the first time for Leverkusen have ever reached. They have done that in 2001/02 season where they failed to capitalize the treble chance. encompassing success in domestic league, cup, and continental competitions, demands sustained excellence. Xabi Alonso has created a great atmosphere in the club with compactness and flawless football. The upcoming fixtures will be crucial, testing their resilience against varied opponents. If Leverkusen manages this and be ambitious, they could emerge as serious contenders for footballing glory.
1545  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: November 17, 2023, 05:30:25 PM

There's no top player interested to join a cursed team, that's why it hard for them to get a good player. They mostly get second tier player especially Kane already left them, they will not see there's a bright future to join Tottenham.


Yeah.. Spurs are not the club that can attract world class players, or even young players with good prospect, but I dont think this is the reason for a club to develop. This is why they can't rely on money spend even if they have. the best option is to upgrade their scouting department for them to find hidden talent to develop in the club. Liverpool once succeeded with this method when they recruit potential players like Mane, Matip, and Robertson. Many people even laughed at those players who Liverpool recruited, because they were not top players. This method is the best option for Spurs.
1546  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: November 16, 2023, 04:55:59 PM
If a new manager takes over as head coach of Manchester United now, many of the current players would be dropped to the bench and new signings made.
A player like Rashford needs to regain form to even feature in the first eleven, as well as Anthony.
The squad sure needs a better manager and although Zidane would have been a good option, I think he would do better in development of french league football or somewhere in a Spanish team. He just can't have it learning how to speak English again and building a team from a place where politics and favorites get to be regular starters compared to talent and form.
The new coach surely will do that sooner or later, to create a solid squad he has to do a lot of experiments, one of them is rebuilding key players for make improve their performance.
Of course, Manchester United must find the right head coach. But also this is not easy for them, because great coaches are really hard to approach at the moment, including Zidane. Maybe Manchester United can try to recruit Xabi, although he doesn't have much experience but at Leverkusen he can form a solid squad, but also Manchester United have to spend more money to recruit him.

I don't think new Coach will do anything better than Ten Hag has done so far. all coaches after Ferguson and before Ten Hag had tried their best for Manchester United, but they all failed, including Jose Mourinho. this proves that situation at Manchester United is not about the coach / management, but this is club's problem as whole, especially the environment around the team that no positive impact towards the players. it's like we find bad news from a player every season after season. Manchester United need to find a right way to change like how Tottenham have been doing so far. for now, the togetherness and the team character are much more important than the quality of the players.
1547  Economy / Gambling discussion / Re: Quit gambling and Invest in gambling. on: November 16, 2023, 04:42:12 PM

Of course, funding gambling-addicted individuals in return for collateral or similar assurance may seem like a profitable method but you shouldn't forget that nothing is rosy and you will encounter many difficulties after you start operating. As I mentioned, the situation you mentioned is very high risky and dangerous.
The situation doesn't not only have high risk for the investment, but also dangerous for the social relations due to the nature of gambling addiction. an addicted people wont appreciate the agreement they have made to others. This is not a good situation for any investment. Providing funds to such individuals, even with collateral as security, is like throwing money into a black hole. The chances of recovering the funds are slim, if the lose. and the overall risk of financial loss outweighs any potential benefit. Providing funds without addressing the underlying addiction is counterproductive and ultimately harmful to the individual's well-being. Instead of offering financial funds, it is better to buy some stakes from gambling shop. that provides bigger security of investments.
1548  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: November 16, 2023, 04:22:03 PM
2023/24 La Liga season has been quite an entertainment so far. Girona is leading the league race for this season up until now. but, will Girona end the year on top? After 13 matches, Girona is 2 points ahead at the top, with Real Madrid and Barcelona close behind. Barcelona, aiming to defend their title, unfortunately hasn't had the best performances this season. while, Atletico and Real Madrid, their closest challengers, have been pretty convincing so far. Girona is having their best season yet, but some tough games are coming up for this season dark horse. Can they go all the way against the big boys? Exciting times ahead in La Liga!
I am quite skeptical about Girona’s results, so far they have managed to stay in the lead well, but they had a good game schedule before, among the top teams they only played against Sociedad and Real Madrid and lost points in both matches.

Soon they will have to play with Barcelona and Atletico Madrid, I think that these matches can become decisive, because if they also lose points in these matches, they will most likely lose the lead to Real Madrid, but they will be able to remain in the top 4. And if they can win these matches, then I admit that this could be a serious bid for the title, although there is still a lot of time until the end of the championship and everything can change.
The upcoming games for Girona against Barcelona and Atlético Madrid will shape people's opinions about Girona this season. Till now, no one is confident to say Girona will be challenging for the title because their run of form is still unconvincing remembering they haven't beaten la liga top teams this season. If they can secure victories against these formidable opponents, they stand a strong chance of maintaining their position. if they lose in these games, their lead on the table will be vanished and people will doubt their ability to stay at top 4.
1549  Economy / Economics / Re: Agriculture vs oil on: November 16, 2023, 04:00:14 PM
Both oil and agriculture are essential to a strong economy and both are equally important but if we talk about more economic growth then oil plays a vital role. Oil is the largest source of the country's total energy supply. No matter what is going on throughout the world but oil is always on demand replacing oil is almost impossible. Replacing oil is far away, for meanwhile there are no alternatives of oil. A country where, there are no any other income source but oil is there they are on the top most richest county for example we can see the example of United States, Saudi Arabia etc
Yes, I agree with you, indeed oil is a consumption that cannot be avoided by all countries, and is the largest source of income for oil producing countries. The agricultural sector also has a big influence on the population of the country. If a country like you mentioned is Saudi Arabia, it is quite a barren country, but there are many new advanced technologies nowadays in producing or producing agricultural products such as fruit and wheat.


we know that oil is a resource that is becoming increasingly expensive which provides a significant impact on oil-producing countries, because they rely on oil exports for their income. if the fuel prices rise, these countries may experience the difficulty to maintain their current standard of living. this proves that the influence of agricultural sector is extremely important for the living of population of the world which means that agriculture is irreplaceable in the economic growth for the majority of countries in the world, because food is also an energy for human. this is the reason for governments to realize the essential of finding sustainable ways to meet the energy and food needs of the world's growing population. This is why renewable energy sources has become the biggest issue in the world right now.
1550  Economy / Economics / Re: Our future with renewable energy. on: November 16, 2023, 03:31:07 PM

German and Scandinavian nations with large funds undertaking eco-friendly improvements because they can? Budget isnt everything. Sustainability and renewable energy's long-term economic benefits are key.

Countries those have large funds are able to boost to the economy, but that's only applied to a short term plan, they need sustainability and renewable energy because those offer long-term economic benefits that are essential for a better future. prioritizing renewable energy sources is the best policy a government can make to reduce our dependency on fossil fuels. Governments should be investing in efficiency measures of energy, because that's the best idea that can save businesses and consumers money on their energy expenditures. Sustainability should be top priority, because that can create a more dependable and sustainable economy for future generations.
1551  Economy / Economics / Re: The Thailand government will distribute money to its citizens. Economists critic on: November 16, 2023, 03:02:28 PM
It is highly unlikely that the thai government will distribute money to its citizens thailand's economy is currently slowing down. The country's economy slowed due to lower than expected foreign tourist arrivals and lower demand for goods from top trading partner China. Apart from this it is also feared that inflation in the country may increase due to the possibility of reduced production of rice and sugar due to drought. In view of this Thailand has decided to launch a digital wallet program to encourage investment financing through the national budget and taxes could further exacerbate the fiscal deficit.
The Thai government distributing money to its citizens is a policy to help stimulate the country's economy. Foreign tourist arrivals gives negative affections to domestic economy in Thailand. Local markets, tourism resorts and tourism jobs for local people are getting lower income. The another factor is that the demand for goods from Thailand's top trading partner, China, is also getting lower. Many factories struggle to sell their products without alternative market. The government hopes the policy will help to boost economic growth in Thailand.
1552  Economy / Economics / Re: Cryptocurrency is the second most popular investment in "France" on: November 16, 2023, 02:33:11 PM
On the positive side, this is the beginning of an era where people are aware of what they are investing in. But it is important to note that some investors who decide to invest in crypto with all its risks require the younger generation in France to become more aware and more cautious. Not all types of cryptocurrencies are safe. But regardless, I believe that with the open-mindedness of young people, both in France and in any other country, they are now more aware of the existence of cryptocurrencies as a simple investment alternative, which does not require written requirements like investing in real estate. As for the dominance of Real Estate investment, it has always been the choice of the elderly because it is to support retirement.
Cryptocurrencies have widely discussed investment option, because their decentralized nature, and relative ease of access compared to traditional investment. The lack of stringent paperwork and regulatory requirements associated with cryptocurrency investments has also played a role, while real estate investment needs extensive documentation, legal processes, and background checks. Cryptocurrencies can be purchased and traded with minimal formalities. This has made them appealing to investors seeking a less complex and time-consuming investment experience.

But cryptocurrencies still have inherent risks and uncertainties. Their volatile nature, susceptibility to scams and hacks, and lack of intrinsic value compared to traditional assets like real estate demand careful consideration before investing. Investors should conduct thorough research and understand the risks involved, and only invest funds they can afford to lose. I dont think it's a good choice of the elderly to support retirement.
1553  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: November 15, 2023, 04:53:04 PM
One of the most interesting events for the Europa League will also be the last game in the group stage of the Champions League because then we will know who the big teams are that will be joining the Europa League for the KO stages.

It could be Manchester United or Galatasaray, which I think are both pretty strong teams, and it is one team from the strongest group with PSG etc. I think besides Liverpool, whatever team will go to the Europa League from the PSG group will also be a favorite to win the Europa League.
Manchester united and other teams will fall back to Europa League and I guess their performance will become very outstanding because they would fight to lifts major trophies this season. Champions league teams will join the Europa League after falling out with top teams, failing to reach the require points, and they will compete with Europa League teams, it will be tough challenge for both teams. I'm not commenting on any team regarding their excellent performance, football is changing and there's a whole new actions to watch in the Europa League.

Manchester United will add a layer of more intrigue to the competition. Their presence alongside Liverpool shall elevates the tournament's  attractiveness to viewers worldwide. Their inclusion introduces a team with a rich history and passionate fan base, capable of captivating audiences and delivering captivating matches.

The presence of two Premier League heavyweights in the Europa League raises the excitement of UEL. The Europa League can potentially gains a significant boost in popularity and attention due to Manchester United's involvement. Their presence alongside Liverpool transforms the tournament into an event to watch. While this is disappointing for their supporters, this adds a captivating dimension to the competition. Their presence alongside Liverpool elevates the tournament's prestige and attracts a wider audience.
1554  Economy / Gambling discussion / Re: ⚽ Lega Serie A 🇮🇹 (Italian League) Prediction Thread 2023/2024⚽ on: November 15, 2023, 04:36:24 PM

but I dont think that sacking Rudi Garcia is a good idea, because that would put Napoli in the same situation again. They need improvement, not starting a new idea that doesnt guarantee them to be better than current form.
Yes, because it's impossible to build a better club in a short time, well, even though Napoli got a great coach from Rudi Garcia, it definitely took a lot longer, I know maybe many Napoli fans are disappointed after seeing Napoli perform this season, maybe not better like last season, not only because of Rudi Garcia's mistakes but also perhaps because the players in the current main squad are not as complete as last season.

Bringing together players with different tactics and strategies from the previous coach will certainly make Napoli players have to start adapting again to the new strategy from their new coach Rudi Garcia, this season of course there is still plenty of time to catch up and improve everything and just give Rudi Garcia time to fix it and it also all comes back to a matter of time.
Understandable that Napoli fans are disappointed with their team's performance this season if we compare their performance to last season's impressive run to the Scudetto title. But, it's important to remember that winning the Scudetto is an incredibly difficult to achieve, so then it's not realistic to expect Napoli to do so every opportunity. It's also worth to note that Napoli has lost some key players in the transfer window, and it can take time for new players to gel with the team.

Despite these challenges, Napoli are still a tough team with a lot of talent. They are currently 4th on the table, and they are still in contention for every competition. There is still plenty of reasons to be optimistic about the future and they are still capable of competing at the top.
1555  Economy / Gambling discussion / Re: Conclusion after losing millions! that games are rigged. on: November 15, 2023, 04:17:35 PM

As wise gambler, we must always think that winning is only when we are lucky and gambling will always result in defeat.
When there is awareness like this, will never state that there is manipulation.

I hear the term "wise gambler" sounds so sarcastic, because I think wise people won't be a gambler. Gambling is inherently a game of chance, and the odds are always stacked against the player. There may be strategies that can help maximize the chances of winning, but these strategies cannot overcome the inherent randomness of gambling. Over the long term, most of gamblers will inevitably lose money, because the house always has an edge, meaning that the odds are always in their favor. There will be a winner when there some losers, no one can always be a winner. No matter how skilled or knowledgeable a gambler may be, they cannot consistently beat the odds and walk away with a profit.

I think wise gamblers are gamblers who deal with gambling as form of entertainment, and the only way to truly enjoy it is to accept that losing is part of the experience. If you gamble, do so responsibly and within your means, and never expect to make money from it.
1556  Bitcoin / Bitcoin Discussion / Re: Bitcoin and it's 4 Year-Cycle on: November 15, 2023, 03:57:38 PM
Every investment's a risk that's what ppl have to remember before they buy because of FOMO.
They must be in the market a long time to understand its mechanism, cycles and it will be their own experience that is different than what they can learn from textbook or psychological chart of market cycles.

The psychology of market cycles is most important and it is true not only in cryptocurrency market but for all market types. Because basically people don't change themselves and human instinct is generally the same if you count how the majority of market participants behave in one market.

Market makers therefore, take advantage of it to manipulate the crowd with their fake technical indicator movements and direct market to a direction they want. When a market participant understands psychological cycle, it's better to have good control against FOMO and panic, then more easily gain success in either investment or trading. Trading is more risky than investment and it's harder to gain profit in a long run as well.
The psychology of market cycles plays a crucial role in all markets, including the cryptocurrency market. Human behavior and emotions significantly influence market movements, creating recurring patterns of booms and busts. Understanding these psychological factors is a big help for investors to make informed decisions and navigate the unpredictable nature of markets.

There are two primary emotions that drive market cycles; Fear and greed. Investors are driven by greed, when positive sentiment prevails, leading to rising prices. Conversely, when fear takes hold, investors panic and sell, causing prices to plummet and a bear market to emerge. These emotional swings are often exaggerated in the cryptocurrencies market due to its relatively young age and lack of regulation. The absence of intrinsic value for many cryptocurrencies makes them more susceptible to speculation and hype, further amplifying the impact of psychological factors. Understanding these psychological biases and their influence on market cycles is essential for investors to make rational decisions. By acknowledging their own emotional tendencies and recognizing the broader psychological forces at play, investors can better position themselves to navigate the ups and downs of the market.
1557  Economy / Economics / Re: Are You Sticking to Your Plan or Has Life Made You Pause or Modify It? on: November 15, 2023, 03:46:19 PM
Life is full of surprises, and so are investments. It is very difficult to predict something that has never happened, especially investing in Cryptocurrency, so when you are at a crossroads you sometimes have to change your initial route to maintain safety. Neatly laid out scenarios sometimes need to be revised to prevent something bad from happening. Sticking to the initial plan depending on the amount of capital they have, investors who have financial burdens may choose the safe route in order to keep the value of their assets from decreasing. For this reason, we are always reminded to invest using cold money or money that is ready to lose.
Life and investments, particularly in the realm of cryptocurrency, are replete with unexpected twists and turns. The allure of cryptocurrency lies in its potential for exponential growth, like a wild roller coaster ride. While the prospect of rising profits is undoubtedly exciting, it's crucial to acknowledge the inherent volatility and risks associated with such ventures.

Cryptocurrencies those have decentralized nature and lack of regulation can be both a blessing and a curse. On one hand, those offer freedom from fiat money and the potential for innovation. but it also exposes investors to a heightened degree of risk, as there are no safety nets to cushion against market fluctuations or fraudulent activities. The value of cryptocurrencies can swing wildly within a short period, often driven by speculation and hype rather than tangible fundamentals. This volatility can lead to dramatic gains or equally devastating losses, making it a high-risk, high-reward investment.
1558  Economy / Economics / Re: Foreign reserves on: November 15, 2023, 03:35:09 PM
Foreign reserves are the foreign currencies reserved by the government of a nation. If the reserve is decreasing, the central bank increase the price of their local currency leading to inflation. A positivity in the value of the foreign reserves indicates good economy.

I just want to ask a question. Assuming people are buying the foreign currencies and hold it in their domiciliary account and not used in another country for buying of goods to be imported, is the foreign reserves decreasing like that? I mean if the foreign currencies is bought by the citizens of a country and hold in their bank account, and not used to buy from another country.

Countries that make a surplus each year like to stockpile some of their excess income by storing additional funds in other currencies, this in turn can help support the value of their own currency because it's shown to have some reserves and the value is not completely based on thin air. However it is a tricky situation, because those currencies are controlled by another country that has the ability to print even more and devalue those holdings. It's a fine balance, because they don't want to devalue it too much, but by devaluing those currencies it is possible to make any money the government has borrowed from overseas worth less over time - so it makes a lot of sense to do this.

Many countries which generate a trade surplus every year choose to store a portion of their excess income in foreign currencies, such as the US Dollars or Euros. They do this as protection against currency depreciation: Holding foreign reserves can help protect a country's economy from the negative effects of currency depreciation. When their currency loses value, the imports become more expensive, and the export become less competitive. This may lead to inflation, lower economic growth, and reduced living standards for citizens.

Foreign reserves provide a source of liquidity for central bank of a country which makes it enable to intervene in the foreign exchange market to stabilize the value of the currency. This can be crucial during times of economic or financial crisis when investors may be selling off their currency. Holding foreign reserves can make it easier for them to conduct international trade. Businesses that engage in international commerce often need payment in foreign currencies. Having a stockpile of foreign reserves can help ensure that these businesses have access to the necessary funds. A large foreign exchange reserve position can be seen as a sign of economic strength and stability. This can attract foreign investment and boost a country's creditworthiness.
1559  Economy / Economics / Re: How to survive hyperinflation? on: November 15, 2023, 03:19:32 PM
How do you strategically navigate hyperinflation to safeguard your financial well-being?

Would you invest on crypto, stocks or household when the cash is not the king?
Hyperinflation can causes many problems or in fact it itself bringing the whole problems. The only way to servive in hyperinflation is to increase your income. There are many ways to deal with it but adoption one is the individual own choise. I preferred two things one is bitcoin no doubt and the second is real state. The combination of these two is very effective for me. Bitcoin no doubt always increase it's value some time it come downs but when it goes up it give a high profits. The real state is a business that never end and work In every situation. Those persons who have money buying house and inflation is only for poor people.  House is the need of every persons and rich person always changing their houses for betterment so if you do a real state business then in the hyper inflation your work will not be stopped if a single house is sell in the whole month it will be enough for you.

One option for people in countries with hyperinflation is that they protect their wealth value, like buying gold, land or Dollars, because the value of their currency rapidly declines that's making it difficult to save money in their currency without losing their purchasing power. Gold, land or a stable currency can help to protect the value of savings, because when a country's currency is losing value, people's savings can quickly become worthless. That's one way to provide a sense of security for financial living. that way is also sense of investment, because hyperinflation wouldn't last long.

People in countries with hyperinflation need a stability for their financial cash flow, that's how they feel secure for their living. Buying bitcoin is not the best option, because we know that bitcoin price not stable at the first place.

1560  Economy / Economics / Re: India is the new economic leader of global south. And replacement for China?... on: November 15, 2023, 02:50:14 PM
The advantage with India is that wages are quite low when compared to China. But at the same time, the taxes are quite high, regulations are complicated and productivity of staff is low. Factory workers in India are usually paid around $300 per month if they are on company roll. But a lot of corporations hire contract workers, who are paid only around half of this amount ($150 per month). On the other hand, in China factory workers are being paid around $900 per month or higher. The difference is huge and this attracts a lot of manufacturers to India. But the situation can change rapidly.

Also, Indian workers are not very disciplined and every now and then there are reports of strikes in factories. There was one infamous incident in Manesar when the workers at the Maruti factory rioted and burnt to death a HR executive. More than a hundred workers were charged for this crime, but at the end everyone were acquitted due to lack of evidence.
I don't think the low wage in a country is an advantage their economic growth, because low earnings people is also closely related to their ability to expenditure which means that they are not a good market. Low wages may lead to attract foreign investment, but low-wage workers have limited purchasing power, hindering domestic consumption and stifling demand for any products. The reasons companies or investment come into a country are not only for a good business to start, but also a good market for products to sell. Sustainable economic growth is the main reason for a country to gain power in global.
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