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Many countries are dumping the US dollar as a reserve currency. The biggest example is Russia start selling its energy for their own currency effectively replacing US dollar as international medium of exchange. To avoid Western sanctions, Russia has shifted its foreign trade transactions away from the dollar and euro to currencies of non-restricted countries. To prevent from inflation some countries start taking prevention and start buying gold. It is a natural hedge against inflation.
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Once upon a time US was the most powerful country as compare with rest of world. But now inflation is hitting US hard. Prices for food, gas and basic necessities are out of control. Americans people are already suffering form such and such situation. They are not that much super power anymore that's why they can't afford war anymore. It's hard seeing Taiwan being left out in this forced friendship between China and the US and in other hand I don't see the US are able to scaring China anymore.
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In India last 70 or 80 years many achievements are there, we have build businesses, we have build industries, our scientists are going to mars but of all these things. The most significant achievements for us is that our poor farmer without any infrastructure without technology just with traditional knowledge, he's been feeding over a billion people, this is not a small thing. To help them government is taking initiative introducing them with new technology like drone, tractors etc, which can be give them boost on farming.
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It cannot be denied that the world economy depends a lot on the US economy, America is the biggest market in the entire world. But the world economy doesn’t depend on one country only, Every country is depend upon each other countries today cannot survive for long without each others' imports and exports. World wide there are equal value, every country have its own value and importance. Each is formed according to its own resources, culture, laws, history, and geography.
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After analyzing the world wide increasing population, transportation is very crucial part for population as well as country's economy also use to depend upon transportation. If there is good transportation then several opportunities will be create. I am not saying that country's economy only depend upon transportation but this is also true without good transportation its almost get fail. When country or state have an enough raw material from where they can create employment or can make good money just because bad transportation facility they are not able to do so.
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In today's world with concern of oil shortage, everyone is moving towards green energy and every country is looking alternatives for oil. The world is moving towards Green energy is often referred to as clean, sustainable, or renewable energy. While Russia and U.S.A fighting over oil meanwhile China is increasing solar capacity. China's solar capacity is now 228 gigawatts (GW), more than the rest of the world combined, according to Global Energy Monitor. I always appreciate this when several country started shift their focus on green energy, which is part of the Sustainable Development Goals.
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It is absolutely true that cash is a king, There is a saying ''slang term reflecting the belief that money (cash) is more of investment tools, such as stocks or bonds.'' Cash is always king, there is nothing new without cash you didn't get anything, if u want something and if you have cash then there is 99% chance that you will get that. On the other hand if you don't have cash then a lot of things you will be available for you. There are some people who always say that money is not important in front of love but in reality it never works that way.
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If a bank doesn't have clients to funnel money into them, there's no reason for them to make a profit. Therefore, the income of banks is based on the deposit of money by their customers who will trust to hold money that is not theirs.
In addition to that, when their clients start depositing money in their bank, there will be an opportunity to start generating income for the bank, by depositing money in the stock market, real estate, lending, and so on.
Yes, I agree with you, income of banks is based on the deposit of money by their customers apart from this the profit from such a sales loan is much higher than the collection of ordinary interest for using a loan. A secondary loan participation or loan sale is a contract which sales the cash stream from an underlying bank loan to a third party. There are more earning source for banks such like from penalty, this kind of fee use to collect from people who are not able to pay their loan at time and when a specific term of the loan contract is violated. |
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Food security is one of the most important part in any country. Food security pays a vita role because the poor section of society is more insecure. With this section of society there is no backup plan with them. For poor section of society its enough for them to fulfill basic needs. When we compare poor section with above poverty line then they don't have to face when drought, flood, failure of crops, etc happen in country but poor section of society really get affect. That's why its very important to while growing vegetables or crops for themselves they must have to shift their focus on business as well it make them independent, also helps on country's economy.
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humanity will always cope with the evolving technology. it is true that some jobs can be replaced by AI. however, do take note that some jobs are also created out of this. so it depends on the people how he will make himself competent with the current requirements in the job market. people can adjust by equipping himself with the current needs.
the development in AI industry for sure will assist a lot of repetitive problems in the industries. so we need to look at the brighter side of this rather than linger on its negative impact in the job industry.
I agree with you, It totally depend upon people how society will take it, he/she looks like an opportunity or loose their hope and stop being competent. If there is some disadvantage like it may replace some jobs by AI. But there are several advantages as well like AI drives down the time taken to perform a task, AI operates 24x7 without interruption or breaks and has no downtime, which is almost impossible for human or if it is possible then it may need more manpower and most important thing is differently able people never fell incomplete because AI augments the capabilities of differently abled individuals. |
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I think for the most part the lack of data problem is basically solved at this point, the algorithms behind the different AIs have existed for a long time, but they were ineffective due to the lack of data and we were not aware of all the applications in which we could use them.
But now people are generating data almost every single second of the day, then this data can be compiled, processed, tagged and finally used to train an AI to do almost anything we can imagine.
There are fear in human society that AI will replace human jobs soon. When in India on 1955, the government introduce computer for first time to Indian citizens that time people was afraid to loose their jobs But who learn computer that time, they got more opportunities because technology always create more jobs. In same ways when AI succeed then more jobs opportunities will be create. For first time it may seems like it is replacing human task or jobs but at the end AI expands job market for human being. |
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some people are just happy happy on keeping their funds on stocks as this market is more stable as compared to crypto. but for some, they want to explore both markets and take advantage of what it can bring to their portfolio.
but we can't deny the fact that a lot of people got their interest in crypto particularly in bitcoin because they have seen a good run on this market in the previous decade.
Cryptocurrency is a digital currency or medium of exchange, every bitcoin investor right now is just smiling at the price of bitcoin as it strong and indeed valuable enough to generating good. More persons are gonna become millionaires because bitcoin investment just like every other form of speculative investment where you trade commodities to determine which gain or losses against another In other to make profit just like forex trading. In bitcoin investment suitable risk management is aimed at reducing the loss rate thereby giving you better chance to win your trade ensure good return on investment. |
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Well I don't have that much interest on such luxury or expensive watch and I have no idea about such investment but still, it's not a good idea to buy a luxury watch as an investment tool. Unless it's rare or out of production, don't expect to get the full amount or more back you sell it. Most importantly We cannot consider the market for luxury watches is highly unpredictable, and there's no guarantee that a watch will increase in value. luxury watch never can beat the investment of gold, plot or real estate.
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without any specific statistics for that, I'm simply thinking about what's going on when they're all great investments and we're both in and out of it. learn for them. As I see it, long-term investors still stick with it as well as new investors looking to it as a way to start investing, and the cryptocurrency market still has to admit that they is too small in size compared to stocks, we look for different investment channels with the goal of profit, so the fluctuations of the economy lead to a shift in investment behavior rather than attraction from a single market some.
For now bitcoin is on the top most choice but that does not mean bitcoin is the only interest of people. Still People have same kind of interest on stock as well. The interest in stocks are still there in market. In fact for today's generations have more options, they have more alternatives weather they want to invest on cryptocurrency or traditional stock investment. In my belief on any market only matters time, market grows like we can take an example of bitcoin, it is increase as compare with past few year with passing time. |
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The threat of bank runs across a regional banks. I agree bailing out the wealthy by letting inflation run rampant is the last things the government should be aiming to do but at the same time. I do believe there was a real threat that there would be many other banks facing similar bank runs to SVB leading to much larger economic impact. Majority of the blame for this should fall on the bank executives for making the decisions they did to invest in fixed interest long term assets and I agree they should not be profiting from this at all. But I think there is a little more nuance to the government's decision than just help their donors out.
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In my point of view, the popularity of bitcoin never reduce the interest of people in stock. There are equal number of people who have an equal interest on both bitcoin as well as stock. There is positive connection between cryptocurrency and stock markets. The correlation between the price of cryptocurrencies and the stock market has increased over time. Bitcoin is giving people an investment alternative because before bitcoin this kind of flexibility was only use to offer by stock market.
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I also can't deny that I am also sometimes influenced and interested in buying several products shown by an influencer who has millions of followers. he didn't promote it directly but i saw him use the product. and maybe he is the ambassador of the product. And from that I have the conclusion that the influence of a social media influencer is really strong. and yes even we are the ones who initially have difficulty making a decision between buying item A or item B. but when a big influencer shows he likes item A. then the majority of us will sometimes believe it and make the same decision as the influencer shows.
Actually, to build a lot of followers is not easy. In fact, an influencer once told me that he even needed about 3 more years to build a reputation so that many people would follow him on social media. and only after 3 years did he really enjoy satisfying results because many products require his services.
I agree with you, to build millions of followers is not easy they did hard work to earn millions of followers. Once they earn followers its very difficult work to maintain them. you need to create more contents which have to be extra ordinary. With this influencers different brand's companies got marketing they got profit, this is why it is known as influencer marketing. May you don't believe that 86% of women before shopping they use to check about that product on social network and they use to search social influencer who gave review on that product then only they took decision. |
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So this is what's interesting about social media. as long as we can build our popularity well and develop the number of followers to be more. then it doesn't matter who we are in real life, we will still be valued and respected on social media. Because the more followers we have on social media, the higher our social strata on social media. And the potential for huge earnings will also be easy for users who have a large number of genuine followers on social media. Even companies that want to advertise their products will definitely approach us first so that their products can appear on our account. and in the end, many people have helped their financial life through social media.
Yes, you are absolutely right, if you have large audience or if you want to increase your business or you want to spread awareness about your brand. In this case influencer marketing can help you a lot. Because we use to get influence with those people who have huge followers, before purchasing something we use to check how much people likes it. People only can become influencer who have followers in good quantity. we purchase different things from different brand just because influencer recommend. when our favorite actors or social media influencer tell us about unknown product we use to take lot of purchasing decisions. |
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I know everybody is not in a same class but still we all do budgeting, expenses and impulse. How much do spend a day? Do you think is possible to program your daily expenses?
I agree with you, everyone belongs from different class but weather individual belong from higher, middle or lower class everyone have their own budget. Everyone spend on sudden things. who don't spend on luxurious things at least they spend on basic needs to run their family. Yes it is possible to track our daily expenses. There are different options on market to track your daily expenses like budget apps, computer spreadsheets as an expenses tracking etc. For Individua its very important to track daily expenses, it will help to avoid unnecessary expenditure in future. |
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India is very big country. Very high population there. Indian economic growth is very poor even from Bangladesh. Some times indian government give legality for crypto currency and sometimes do ban.so indian people could not invest on crypto currency. Now cryptocurrency is legal in india. Indian economy is big economy if they utilize Bitcoin or another goog crypto currency then it will creat positive impact on indian economy i think. So i can tell Crypto-currency is very important subject for indian economy.
First of all tell me one thing, if India is very poor country then Bangladesh then why Bangladeshi people is migrating from Bangladesh to India? because better living conditions, to escape poverty, to support their financial condition. And another thing is India have very large grey economy. The reason is that the people always show lower then actual shell prices while trading or shelling vehicle, house or purchasing plot in order to reduce taxes. This gives an impression that the Indian economy is small although economy is much larger. |
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