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Author Topic: Is the economy situation in your country that bad?  (Read 35007 times)
swordling143
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November 02, 2017, 11:22:44 AM
 #921

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?



Actually, the economy in my country is not that bad. For me, it is quite good. The thing is the employment rate through out the years keeps on decreasing which means a lot of people are getting money from working.

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November 02, 2017, 11:40:06 AM
 #922

so far so good in my country, the economy is growing now,, i think after 2-3 years more business,  investor and projects are build in my country.,,they trust the government so they invest more and other country too.

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November 03, 2017, 10:20:17 AM
 #923

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?



Actually, the economy in my country is not that bad. For me, it is quite good. The thing is the employment rate through out the years keeps on decreasing which means a lot of people are getting money from working.
Oh that’s lucky of you, cause the economy in my country is not just that bad, but worst than being bad. Especially, the tribe I come from, they look down on us and we don’t gain anything from government. We don’t have free education, we rarely have light due to poor electricity still we pay the bills even when we don’t get light, the government doesn’t give us job but they go around collecting taxes from us.

We suffer a lot where I come from and that’s what leads to our youths getting involved in crimes, becoming thieves and fraudsters. But I don’t support the idea of someone becoming corrupt just because of their economy being bad. I rather remain poor than get money through the evil way.

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November 03, 2017, 08:59:27 PM
 #924

Nah, not too bad at all.  Of course I've had a job for the past few years so I don't know if the labor market is tight.  But it definitely isn't as bad as it was, say, in 2010.  Unemployment was ridiculous.   And right now inflation in the US isn't that high.

Same here, the economy is, slowly, growing. nothing big though, but yet it is growing. While it is very dependant on the other countries for it's growth. Like the US. They got a very big impact on every economy in the world. And i don't think a thing can pas sby and we don't notice it. Same applies for china. If they stop consuming a lot of countries in the worlld will eventually get into financial problems.
Especially China, this is a country can effect the economy of any countries in Asia. You can see almost country use the product from China instead of the product from these countries because the price of products from China always lower than the price of other products from other source of countries. Cheap price and useful for demand of user, that is interesting point of products from China.

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November 03, 2017, 09:51:41 PM
 #925

It's not too bad at all but it's not good too. Price of goods are going up, with normal salary, you will buy less goods than in the past. In my country , inflation is the main reason cause of the slow economy and looks like the goverment can't do much about it.

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November 03, 2017, 10:05:52 PM
 #926

Not really. Our country is in a progressive state. We are one of the developing country, though unemployment rate is high, but our government is doing their best to offer a job to lessen the unemployment rate. But one thing that I do not want in here is many professional and non-professionals are going abroad instead of working here.

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November 03, 2017, 10:29:09 PM
 #927

The economy of my country was really bad,very small wages,not enough to buy gadgets or cars even buying you own house only enough for your daily needs and it really sucks,also alot of unemployed but im so thankful that their is bitcoin because it really helps alot of people when it come to financial.
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November 03, 2017, 11:02:53 PM
 #928

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?




Nowadays, I think the situation in our economy in our country is not very bad. The government who ruled in our country now is trying everything he can do to make a change in our economy growth though there are a lot of organizations who always make things complicated for our government to solve because of jealousy and personal matters. But overall, our economy as of now is growing a little bit than before.

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November 04, 2017, 12:41:29 AM
 #929

For more than 3 years economic growth in my country is not more than 5% per year, whereas inflation is more than 6% per year, it certainly makes the industry difficult to survive so many companies are closed.



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November 04, 2017, 02:14:41 AM
 #930

I think good and there is an increase in prosperity, economic factors deteriorate due to corruption and now my country seriously overcome corruption by giving severe punishment.

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November 04, 2017, 03:00:05 AM
 #931

Perhaps for now the economy in my country is experiencing an increasing development after a decade of financial crisis is so difficult, but for the time being has not been fulfilled enough work facilities and still high levels of unemployment that occurred today. Perhaps this should be a thought serious for the government to cope with unemployment scattered in various cities

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November 04, 2017, 03:08:24 AM
 #932

For more than 3 years economic growth in my country is not more than 5% per year, whereas inflation is more than 6% per year, it certainly makes the industry difficult to survive so many companies are closed.
This industrial problem also rise in my country due to over load-shedding. Government unable to provide sufficient amount of electricity to industries that is why they are in loss so that country's economy. And bitcoin only benefits those who have their interest in it and sweat to get it.


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November 04, 2017, 03:45:39 AM
 #933

I live in the Philippines and our country is booming since our beloved President Duterte becomes our leader, I know I can't feel it yet but our infrastructure and economy starting to grow, special when Japan and China starting to lend us a large capital. maybe 3 more years and our country will be going to become one of the tiger countries here in Asia like Singapore and other rich countries, I hope federalism will be implemented in our country to create more jobs and investments we believe that our country will grow because we believe in our leader.

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November 04, 2017, 03:51:56 AM
 #934

Back then, the economy of my country was really good. It used to be 1$ = 2PHP in my country. But now, 1$ = ~45$. It is because of all those corrupt governments that handled our country. Today, the economy is starting to be great again because of the new President. It has just been 100 days and there's a lot of changes and all of them are positive, and that includes the economy.

Yes, will wait till the federalism was approved maybe 3 more years and our country will be a part of tiger countries in, Asia.

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November 04, 2017, 05:19:54 AM
 #935

economy situation in my country is not that bad. government does hard effort to reduce little by little the country's problem of economy. the result is, our economy is developing. small example recently is that president gave 1273 hectares of forest in my city to the poor farmers in order to be exploited by them so that it can help to solve their financial problem. I really appreciate government effort.

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November 04, 2017, 08:02:39 AM
 #936

Nah, not too bad at all.  Of course I've had a job for the past few years so I don't know if the labor market is tight.  But it definitely isn't as bad as it was, say, in 2010.  Unemployment was ridiculous.   And right now inflation in the US isn't that high.

Same here, the economy is, slowly, growing. nothing big though, but yet it is growing. While it is very dependant on the other countries for it's growth. Like the US. They got a very big impact on every economy in the world. And i don't think a thing can pas sby and we don't notice it. Same applies for china. If they stop consuming a lot of countries in the worlld will eventually get into financial problems.
Especially China, this is a country can effect the economy of any countries in Asia. You can see almost country use the product from China instead of the product from these countries because the price of products from China always lower than the price of other products from other source of countries. Cheap price and useful for demand of user, that is interesting point of products from China.
That’s good to hear mate that your region is moving toward progress and if bitcoin has been adapted there this progress will be even doubled in two or three year bitcoin is the economy booster and it has potential to give a lot to its regions and more of it in my country bitcoin is used in large amount and it feels good to live in such economically stabilized country where everything is up to date and developed.

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November 06, 2017, 08:27:40 PM
 #937

Within our country, the economic situation is very bad, because the state does not worry about its people at all and the budget money is utilized not for its meant objective. Well that there is the web and digital foreign currencies that help to earn.
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November 06, 2017, 10:05:24 PM
 #938

The economic situation in every country is bad. All currencies have to base their value off of the US dollar and the USD is increasingly being seen as money of the past. More and more people are converting their FIAT money into BTC and are enjoying yearly gains from it because the dollar continues to fail as it has to. This is what happens when you create fake debt.



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November 06, 2017, 11:21:37 PM
 #939

The economic situation in every country is bad. All currencies have to base their value off of the US dollar and the USD is increasingly being seen as money of the past. More and more people are converting their FIAT money into BTC and are enjoying yearly gains from it because the dollar continues to fail as it has to. This is what happens when you create fake debt.

Yes, the economic situation in every country keeps getting worse than before and so i will say even though we are better than others it doesn't mean we haven't depreciated in growth over the past five years  and that's how the system has been designed to function.



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November 06, 2017, 11:42:02 PM
 #940

The economic climate scenario in my nation is extremely poor and our government have given it name recession telling us they're battling corruption within the program in order to grant us a much better long term.
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