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Economy / Economics / Re: Possible Patterns of Recovery
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on: September 21, 2020, 12:41:15 PM
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I just hope it doesn't hit that bad again! This time the economy might sink to the lowest. Inflation is not a problem anymore. I mean the governments all around the world printed shit load already lol. Let's hope for the best!
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3
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Economy / Economics / Re: Uk covid update
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on: September 21, 2020, 12:38:54 PM
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We all knew there would be multiple waves of Covid-19. But is it that bad? I dunno where our economy is heading..
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6
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Economy / Economics / Re: Chimerica - can it actually decouple and go it separate ways?
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on: September 13, 2020, 02:21:58 PM
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Donald Trump is aggressive to decouple from China rather than XI Jinping. But both of them want control over everything. That's why the world economy is upset right now. What Trump fails to understand that without China or Chinese electric support the overall cost of production will increase substantially. The real question is if Trump loses this year... Will this situation change?
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7
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Economy / Economics / Re: In COVID-19 everyone needs motivation
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on: September 12, 2020, 07:19:23 AM
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We are certainly in the bad position when it comes to employment issues but in general... we need to be careful rather than to have motivation. I think the vaccine is on the way which will take around a year or so to be available for the masses. The virus is not a concern but the after math is. Let's see only time can tell.
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11
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Economy / Economics / Re: Money printing about Australia
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on: September 04, 2020, 02:11:33 PM
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The future depends on a lot of factors. Yeah excessive money printing will not shape our future like the way we'd want or like. But this pandemic forced governments to do a lot of things. 2021 shall be the year to witness the outcome!
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Economy / Economics / Re: 2020 Money is king Again Good news
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on: September 04, 2020, 02:05:14 PM
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Are you okay man? Money or this concept isn't new like Blockchain. It's not the money that shaped the world rather the people in the power. You see, we can get screwed easily by our leaders.
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15
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Economy / Economics / Re: The pros and cons of going cashless
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on: September 02, 2020, 03:06:00 AM
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Well Only corrupted people would worry about their privacy lol Apart from that, I don't think the crypto has reached its target yet. It will go through stages of improvements. But I see this is our future!
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Other / Off-topic / Re: Well this is my last topic guys on bitcointalk
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on: September 02, 2020, 03:02:04 AM
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I find your post confusing. Yes crypto meant to enhance our financial system with its decentralized model. But I don't see a problem people trading crypto. That proves that the crypto isn't limited but has a vast use case. Anyway, successful projects like BTC, ETH can't be the alternative to the payment system.. look at their scale issues and fee! But crypto is in its early stage.. there will be many projects solving such issues.
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17
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Economy / Economics / Re: The debt based Economy
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on: August 31, 2020, 02:12:20 PM
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I don't think there's a way around to get out from the dept based system. Since the country needs money/investment for the development of various sectors. It's all messed up really.
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19
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Economy / Economics / Re: China is winning the Economy Wars
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on: August 30, 2020, 05:27:07 AM
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For an under developed country the economical help from a country like China is necessary. I don't see a problem taking the help. But the loan taker needs to figure out the consequences for failing on the loans repayment. The corruption within the country is enough to ruin the economy. China and the USA both are like the two sides of a coin. Both of them want to rule the world resulting a global economical fight. Have you heard about the "Cold war"?
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Economy / Economics / Re: Will African countries be developed?
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on: August 30, 2020, 05:21:07 AM
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Simple answer to your question: Yes, why not?! But there are couple of things that is holding it I reckon. Education, political evolution and religious superstitions etc. I think it's just a matter of time.
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