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Author Topic: Is the economy situation in your country that bad?  (Read 35461 times)
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October 16, 2016, 11:32:19 PM
 #21

In my country the economic are really bad, the unemployment rates are high and the inflations rate is high, the government seems like cant do too much, because the population of the country is too high and there is not enough job opportunities

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October 16, 2016, 11:40:33 PM
 #22

Not horrible, but not like it was in the 1990s--not that I remember much of that decade.  The stock market, in case you guys have missed it, is raging right now and has been since 2009 or so.  And the stock market(s) reflect what's going on in the economy, so as I say, not horrible by any means.  Unemployment isn't at 10% in the US anymore, and I think the suicide rate has probably dropped. 

I'm just waiting for the market to crash.  Buy low, sell high.  That kind of thing.

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October 17, 2016, 12:16:31 AM
 #23

It appears many posters in this discussion are from Philippines. You guys got a tough leader there. Smiley

Not horrible, but not like it was in the 1990s--not that I remember much of that decade.  The stock market, in case you guys have missed it, is raging right now and has been since 2009 or so.  And the stock market(s) reflect what's going on in the economy, so as I say, not horrible by any means.  Unemployment isn't at 10% in the US anymore, and I think the suicide rate has probably dropped. 

I'm just waiting for the market to crash.  Buy low, sell high.  That kind of thing.

You meant BTC market or stock market in general?

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October 17, 2016, 12:27:32 AM
 #24

For me personally not since I am having a decent paying job, plus the fact that Bitcoin allows my wealth to grow instead of having this money in my savings account. This doesn't mean I don't have savings, 50% of my money sits currently in Bitcoin. But what I have been noticing in the last few years, that more and more people rely on food coupons issued by the government. So yes, in that aspect it's a bad thing.

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October 17, 2016, 01:18:29 AM
 #25

In my country the economic are really bad, the unemployment rates are high and the inflations rate is high, the government seems like cant do too much, because the population of the country is too high and there is not enough job opportunities
I do not quite understand about the economic system in a country. but it seems that the unemployment rate will also be an impact, small employment, and many other causes, how to fix this?

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October 17, 2016, 01:50:59 AM
 #26

Since this administration, I think this quarter of his term of office is a bit bad for the economy, since our currency's value is falling a little against the US dollar, I hope the Christmas season could lift this up a little.. Finding a job right now is a little hard since there is a few opening for a certain courses but jobs for Engineers and higher are really good and easy to find and some could even do a side job after their office hours...   Smiley

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October 17, 2016, 08:07:30 AM
 #27

In my country the situation is not good at all. It's too bad and it's very bad actually. Every citizen can make his life better or not, but the Government will surely don't do that.
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October 17, 2016, 08:16:36 AM
 #28

It seems there are bad news all around with doom and gloom. Trade figures going down, jobs cuts, security situation not going well, and bad loans.

Is the economy situation in your country that dismal? Or this is just some fear mongering?

the global economy has been bad for a while now and in my country there is no difference either. the jobs and the cuts and all that have been bad. and the news you hear from all around the world is not all lies there are so many problems these days going on.
but the good news is that I think the situation  is not close to doom yet !

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October 17, 2016, 09:07:02 AM
 #29

i think my country is not bad like that, but i am sure there are any bad situations happen in my country but so far i think the government is trying to fix the economy and make some change so people in my country will have a good life. in many country we have seen that there are many bad happen and the government is going to make positive change. just waiting and see what will happen in next future.

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October 17, 2016, 09:23:08 AM
 #30

Since this administration, I think this quarter of his term of office is a bit bad for the economy, since our currency's value is falling a little against the US dollar, I hope the Christmas season could lift this up a little.. Finding a job right now is a little hard since there is a few opening for a certain courses but jobs for Engineers and higher are really good and easy to find and some could even do a side job after their office hours...   Smiley

It's fine no worries. The $1 average is not that high and it doesn't mean it's bad for economy. It doesn't mean that investors are pulling away their investment. They are here for the money. The economic team of the current administration has a better plan and just give time since it's just more than 100 days since the new administration has been established.

Anyways fyi we are talking about PH government. Smiley

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October 17, 2016, 09:40:44 AM
 #31

In my country the situation is not good at all. It's too bad and it's very bad actually. Every citizen can make his life better or not, but the Government will surely don't do that.

this could be the situation in almost all of the countries right now after the global meltdown Greece has not recovered fully and that is the case with most of the countries, not only that oil prices have taken a hit and all the oil producing countries are facing a major crisis and it will have an impact globally,terrorism is another factor for the crisis .
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October 17, 2016, 09:46:58 AM
 #32

It's bad in my country too. But not for all. Some people are very rich and have plenty of everything, some are hardly surviving. Politicians keep promising that it will get betr but nothing actualy happens.
Some people see they way out in alternative, like Bitcoins, but there are just a few of them. Many others are leaving the country to find better life elsewhere.

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October 17, 2016, 10:14:08 AM
 #33

It seems there are bad news all around with doom and gloom. Trade figures going down, jobs cuts, security situation not going well, and bad loans.

Is the economy situation in your country that dismal? Or this is just some fear mongering?


yes , it is a reality at the current time and about every people has fear of secure future and life and money problem .
still the bitcoin is helping me to get ride of from these type of fear .


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October 17, 2016, 02:00:09 PM
 #34

yes that is a fact the the ware and terror has really effected the economy of our country actually we are in war zone and therefore we are more effected than any other countries..
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October 17, 2016, 02:08:24 PM
 #35

For now my country keep improving the economic standing and they make more programs and platforms that can benefit peoples and my country also
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October 17, 2016, 02:34:26 PM
 #36

It seems there are bad news all around with doom and gloom. Trade figures going down, jobs cuts, security situation not going well, and bad loans.

Is the economy situation in your country that dismal? Or this is just some fear mongering?



Well economy in my country is not very good, but i can't say that it is worst it could be, as people still have work and earn, and there are not many jobless out there



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October 17, 2016, 02:40:43 PM
 #37

In my country the situation is not good at all. It's too bad and it's very bad actually. Every citizen can make his life better or not, but the Government will surely don't do that.

I think the economy being bad is actually general to all countries in the world because the best of the economy, the people there still believes it can get better. But the only thing I know is that its worse in some countries than some other. Here, in this country I am, things are not smiling, individuals are complaining, companies are complaining, declaring losses, laying off workers, inflation is crazy among other things. Hopefully, the government can actually do something about it...



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October 17, 2016, 02:53:15 PM
 #38

Economy is bad in my country since 2008. Although there was a brief recovery in 2009, it did not last as that recovery was funded by the expansion of credit. Now the economy is contracting and many jobs are lost as companies are retrenching their workers.

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October 17, 2016, 08:45:55 PM
 #39

The special stability of this cryptocurrency has never been. Many experts recommend not to panic and claim that Bitcoin will continue to grow. The Western superpowers like the US and UK, a positive attitude to new technology. Some countries, such as Canada and Australia is still discussing what to do with Bitcoin and is it worth anything to do. And a number of other countries have already decided against digital currencies.
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October 17, 2016, 08:54:38 PM
 #40

In my country, it's not. I always hear people complaining about their salary and stuff, but the restaurants and pubs and supermarkets are FILLED all the time completely. I have to stay sometimes even ten minutes for my turn at shopping, which is insane. Where does that money come from if they don't have...?
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