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81  Economy / Economics / Re: Wise thing to do with your savings. on: June 05, 2018, 09:56:05 AM
Start saving on a regular basis using a Tax Free Savings Account (TFSA)
Plan for your retirement. Figure out how much money you will need to retire comfortably, and then start saving. This money also makes a great rainy day fund if you lose your job or suffer another unexpected financial setback.
Make sure you have enough insurance. Accidents happen. Natural disasters can easily cause thousands of dollars in damage to your home. Make sure you have enough insurance for the place you live and the lifestyle you lead.
Write a will and decide who will get your assets and/or take care of your children when you die.
82  Economy / Economics / Re: World economy, what do you think? on: June 05, 2018, 07:56:25 AM
In our world today there are many forms of economy. The General Agreement on Tariffs and Trade, International Monetary Fund, and Third World Debt, give the new world a chance to develop their current trading policies.
Throughout history, the countries of the world have traded and developed their economies, new systems have become known, also allowing the human race to cultivate along with it and acquire bigger and better necessities.
83  Economy / Economics / Re: why the state does not print a lot of money? on: May 25, 2018, 11:56:24 PM
First, because that would make all the rich and middle-class people angry, and they would surely demand to be given those bills too.

Second, giving poor people tons of money won’t guarantee that they’d spend it wisely. If having millions automatically guarantees you’ll stay rich for the rest of your life, then why do you some lottery winners go bankrupt after a few years?

Plus, as they say… “Give man a fish, and he’ll eat for a day. Teach him how to fish, and he’ll eat for the rest of his life.”

Third, and probably the main reason why you can’t just print money and give it to everyone is because hyperinflation will happen.
84  Economy / Economics / Re: Beliefs about money and wealth on: May 05, 2018, 03:06:43 AM
Money and wealth plays a big role in our economy today, without this we suffer an inconvenience of our daily lives, therefore i belief nowadays money and wealth will become the most priority above all needs because without money we cannot buy the basic needs of ourself as well as our family needs.
85  Economy / Economics / Re: why do people agree to pay taxes? on: May 04, 2018, 03:01:20 PM
For me, we should pay taxes to the government, So that they could gather a fund use for maintenance for government firm, and agencies like public schools, public hospitals, military fund, educational funds for public schools, for emergency funds, repair for roads and architectural structure, farming funds, and many more.
86  Economy / Economics / Re: The men behind our future! on: May 04, 2018, 12:52:35 AM
Yes i agree that all people who invented to make our life easier nowadays, are part of the men behind our future, i really appreciate their inventions, but remember we will make our own future, we are the the who build it, yes they are part to make our future easier and smartier. But still we are the one who make our future therefore i conclude that the men behind our future is just ourselves. And important the only one behind our future is the God Father who create us.
87  Economy / Economics / Re: China will become Super Power ? on: May 03, 2018, 09:44:30 AM
China will become superpower because as of this days, china improve their technology, from military equipments, own manufacturing of machineries many others. They can compete the world market because their price is affordable yet we can consider their product as consumables since, it will last only for few years of its life span.
88  Economy / Economics / Re: Some things to consider before starting a business on: May 02, 2018, 09:53:26 PM
There are so many things before we start a business, we should plan what kind of business are in demand in our location, is it safe place for our business to build, do we have enough capital for said business, it is better to start a business with our expertise.
89  Economy / Economics / Re: The best way to invest on: May 01, 2018, 09:47:16 PM
For me the best way to invest is buying real state, precious metal, any investment that might be trend for the future business that can have a good profit with less investment. Investment varies of our economy not only today but also the next generation.
I believe the quote that invest today and harvest the fruit of your investment with the next generation economy.
90  Economy / Economics / Re: Banks Won't Make You Rich on: May 01, 2018, 06:08:36 AM
I agree that bank won't make us rich, because only a small amount of interest that the bank gives us, unless if you deposit millions and the monthly interest that you receive is quite higher. If you want to become rich then go for investment and do business.
91  Economy / Economics / Re: Crisis is Coming on: May 01, 2018, 05:10:49 AM
Everyone of us experience crisis, unless you're a big time businessmen, they didn't even experience such thing like crisis, all we can do is to satisfied of what we've got in life. Do not compare what you've got between others, but dream their achievements and pray that you will got more than what they have someday. Always be positive in life so that whatever how hard the crisis is, we still at the top from it.
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