sportis
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Veni, Vidi, Vici
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December 14, 2016, 10:47:36 PM |
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In my country the economic situation is really bad. That is, the unemployment rate is about 23% where the youth one is more than 46%, the debt as % of GDP is more than 170%. The worst of all is that it does not seem to an end and the feeling is that probably the worst is ahead.
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LTU_btc
Legendary
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Activity: 3234
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Slava Ukraini!
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December 14, 2016, 10:59:10 PM |
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Situation in my country isn't good, but economics are growing slowly. But there are some problems: all investments goes to 2 biggest cities and in province there low possibility in province to earn good money. This is why there are many people migrating to Western Europe. Another problem that there are growing separation between poor and rich people.
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TastyChillySauce00
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Merit: 1038
Leading Crypto Sports Betting & Casino Platform
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December 15, 2016, 12:37:45 AM |
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Situation in my country isn't good, but economics are growing slowly. But there are some problems: all investments goes to 2 biggest cities and in province there low possibility in province to earn good money. This is why there are many people migrating to Western Europe. Another problem that there are growing separation between poor and rich people.
The gap between the rich and the poor are growing bigger time by time and if it wasn't prevented then there might be a problem some countries need to face in the future. And that's really usual thing that the investments are centralised in a specific place such as countries' capital city thus make the development outside there is not as good as compared to the capital city which is growing so fast and the rest are just slowly developing and much poverty.
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drakker
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December 15, 2016, 01:14:53 AM |
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Yes. Wages from capital city and province are different. Too many people demand job but less job opportunities. That is why some of our fellow mem/women go to different country to seek for a job. And our fiat to dollar conversion is too high.
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bohr
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December 15, 2016, 01:28:50 AM |
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We need to differentiate, how are we doing ourselves, from, how our country is doing, I'm doing OK I could be better but I suppose that is true for most people, but my country is not doing very well, and it seems it is going to get really rough in the next years.
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markyminer
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December 15, 2016, 06:11:22 AM |
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In my country the economic situation is really bad. That is, the unemployment rate is about 23% where the youth one is more than 46%, the debt as % of GDP is more than 170%. The worst of all is that it does not seem to an end and the feeling is that probably the worst is ahead.
as the population of the world is increasing rapidly therefore most of the countries of the world are facing these problems, in my country the economic condition is not good good but its average, the employment rate is increasing continuously, hope bitcoin will be helpful in controlling such kind of situation.
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sanakhan1
Newbie
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Activity: 28
Merit: 0
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December 15, 2016, 06:22:08 AM |
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economy situation is not good because my country situation is not good , soon we have good economical environment
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KennyR
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December 15, 2016, 06:22:28 AM |
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In our country the financial scenario doesn't seem to be worse similar to other countries that were facing hard financial fall. Though the GDP has fallen than the past situations haven't gone bad. Expecting a good growth by the
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blockman
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December 15, 2016, 06:34:41 AM |
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I don't really care about the situation of my country's economy. But I guess it seems that many investors are coming back to the USA because of Trump's initiative that he is going to focus with his countrymen and empower its economy. And I guess that is making our economy lower in terms of investment because of that.
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goradyne
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Merit: 0
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December 15, 2016, 06:37:13 AM |
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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?
Here in New Zealand, population growth is at 50 year highs, meaning a larger economy where more people are spending money. BUT a lot of this population increase is from temporary visa's, so they have to go at a point. Now once these people begin a mass exodus, the companies who would've upgraded to cater for this "enlarged" economy will be forced to scramble for the new, smaller market. unemployment shall ensue.
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error08
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December 15, 2016, 07:51:32 AM |
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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?
All I can say that the economy in my country become worse than before since the new president was elected. Puppet president they said, increased state debt and decreased public welfare. Some people benefited but victimize many others. What I worried about is our debt to other country that getting bigger everyday.
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davis196
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December 15, 2016, 10:39:59 AM |
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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?
There is some small economic growth in my country,but the situation is bad. I`m unemployed and i still can`t find a job. That`s why i`m earning bitcoins as a side income.
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marketone
Legendary
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Activity: 1302
Merit: 1000
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December 15, 2016, 10:51:41 AM |
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Not only it is specific to country every country we have the same situation, many people are working for more than 16 hrs but getting paid only less amount, to lead the families it is very difficult for them so they will go for loans. Once if you loose the job it is very difficult to find another job, even economies also not supporting the unemployed people, lot of disasters keep contuning.
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xuan87
Legendary
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December 15, 2016, 12:27:50 PM |
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Yeah i think most of the country got the effect of global crisis, in my country the unemployment rate is so high and the salary is not balance with the daily needs, and every year the economic become worse, the value of the money is smaller and smaller and there is a lot of corruption in my country, soI need to work harder to sustain a good life
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rajasumi2
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December 15, 2016, 05:13:36 PM |
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no i dont think that the economy condition of our country is bad ,it is better than it is better .i think our prime minister is doing his best to bring in companies so that they are not unemployed at all.well globally it is not so well,well if bitcoins is being controlled by UNN then there will be less crisis.
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icecube45
Legendary
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December 15, 2016, 05:39:34 PM |
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Since the economic crisis a few years ago, the development of my country's economy deteriorated. Increased state debt, inflation, job cuts occurred in my country. I think it's a very bleak period. But starting from the year 2015 until now tended to improve my country's economy and even increased quite good. My country is now on the period improvement of the economy to be stable.
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xIIImaL
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Merit: 1005
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December 15, 2016, 06:32:34 PM |
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Since the economic crisis a few years ago, the development of my country's economy deteriorated. Increased state debt, inflation, job cuts occurred in my country. I think it's a very bleak period. But starting from the year 2015 until now tended to improve my country's economy and even increased quite good. My country is now on the period improvement of the economy to be stable.
My country's economy is completely dependable on tourism and oil. Last year really bad for us but now however we have balanced and king is initializing new plans to the country's development. Op could move this topic to off topic because it is not related btc only related economic status of countries.
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merchantofzeny
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December 15, 2016, 10:10:04 PM |
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They keep on saying that our country is seeing growth but that's probably because we've always been behind anyway. We're not really feeling this improvements they're talking about.
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angaper
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December 16, 2016, 12:03:33 AM |
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Yes, it is true that in my country things do not go very well in the economic field, but this has been so for generations.
But despite the usual pessimism of people, I still see people working hard, buying and selling, going out for walks and going to parties, so I do not think things go that bad here.
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SvenBomvolen
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December 16, 2016, 12:15:14 AM |
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If I compare my country with US, EU, or some other rich countries then situation is bad, if I compare my country with Libya, Syria, or some countries from Africa then my country is in good economic situation. It all perspective in this moment, I dare to say that rich countries live on poor people expense. I work all day for 15 dollars, its funny when you think about it, in most of the countries that is the minimum pay for ONE HOUR. How poor I`m first time I saw two years ago when I was traveling with the plane, airports are so so expensive, and people are spending money like its nothing. There I saw that this world will never be good place for many people of the world.
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