Is the economy situation in your country that bad?

[deppil]

some members in bitcointalk are very lucky to have many online projects to work on or to trade digital\physical goods online , because financial depression affect many countries around the world specially the third and the second worlds including my country.

I think there is little bitcoin users in each country. so even though they have a large income and projects in bitcoin or online, it will not make the country's economy be improved? unless the user bitcoin covers all citizens of the

[Xenophoto]

i think almost a whole of world have those situations and including also in my country because currently almost on every years college fresh graduates become unemployment because small chance to get decent jobs and the bad impact is criminal acts has increasing day by day

I have hope on the way.
Because young people are much smarter. I believe that as soon as they young people are governed, the country will improve.

Unemployment is the problem of the world.
As technology improves, unemployment will increase.

Instead of pushing yourself to the industry, why not make your own business/company? People do startup projects all the time and as a fresh graduate, you should recall your past lessons easily. You don't necessarily have to get hired by someone in order to earn money. You know for a fact that you don't have any job waiting for you, then you should've started applying even before graduation.

But let's just say that the economy is really bad and you can't get any work, then you should make use of your knowledge and find out how to make money out of it. Tutor people, buy and sell stuffs (i.e. sell books, sell laboratory materials) for the meantime. Eventually, there would be an employment spot that will open. Make sure to always be updated. Some cannot wait so they go to work to a company that isn't that much related to the course that they took in college.

[Stgsurya]

Yeah basically the economic situation in my country is quite unstable
Because of the new demonitization idea launched by our PM

[STFU!]

yes it is, and too bad still  continues. it's all about Politic.. my country is one of the most country with Higher jobless in the world. so, crimes also high.

[SamMurphy]

I suppose that in all countries after 2009 began to have financial problems. Just other countries may be better or worse off than another. The point is that the whole planet goes from bad to worse and it affects us all. And that was old is starting to be now. Poverty, unemployment, wars etc. And I think that this is the worst.  

[buwaytress]

i think almost a whole of world have those situations and including also in my country because currently almost on every years college fresh graduates become unemployment because small chance to get decent jobs and the bad impact is criminal acts has increasing day by day

I have hope on the way.
Because young people are much smarter. I believe that as soon as they young people are governed, the country will improve.

Unemployment is the problem of the world.
As technology improves, unemployment will increase.

Instead of pushing yourself to the industry, why not make your own business/company? People do startup projects all the time and as a fresh graduate, you should recall your past lessons easily. You don't necessarily have to get hired by someone in order to earn money. You know for a fact that you don't have any job waiting for you, then you should've started applying even before graduation.

But let's just say that the economy is really bad and you can't get any work, then you should make use of your knowledge and find out how to make money out of it. Tutor people, buy and sell stuffs (i.e. sell books, sell laboratory materials) for the meantime. Eventually, there would be an employment spot that will open. Make sure to always be updated. Some cannot wait so they go to work to a company that isn't that much related to the course that they took in college.

Starting a business is a good idea but one that perhaps should be tempered by caution especially for fresh graduates with no experience. I say this because that's what I did and for a string of bad luck events I ended up heavily in debt from a failed venture in my mid 20s. At that point til today a decade later I envied my peers who went for stable civil sector jobs.

It's great to see success stories but don't be naive... for every success there are probably scores of failures.

[Doamader]

The economy is like frozen, all weeks a new history appears fromt he corruption system that had been pratice ont he last years, and with those people are afraid to spend and have pleasure, since they dont know if they will be at their job on the next month. Besides those the price of basic things just raised around 20-40% something the salary hasnt followed, soo people are loosing power to consume.

[Taki]

I am from Russia and I was reading in recently bitcoin news that our government plan to make bitcoin users to pay necessary taxes, same as if you are a businessman any you pay taxes from your profit. Now I am thinking "Good that I moved to live in Serbia, there is no even thinking about such things here" 

[iqlimasyadiqa]

the current economic situation in my country is normal. no significant improvement and no significant decline. the inflation rate is still 5% annually. I love to stay in my country, especially in my country today bitcoin been used a lot. citizens of my country are very welcome to digital currency bitcoin.

[Selly Arumsari]

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?

ya in my country Trade figures going down, jobs cuts, security situation not going well too ..
i do not know why ?
in this situation i hope people in my country use bitcoin and i believe bitcoin can help them..

[Xenophoto]

i think almost a whole of world have those situations and including also in my country because currently almost on every years college fresh graduates become unemployment because small chance to get decent jobs and the bad impact is criminal acts has increasing day by day

I have hope on the way.
Because young people are much smarter. I believe that as soon as they young people are governed, the country will improve.

Unemployment is the problem of the world.
As technology improves, unemployment will increase.

Instead of pushing yourself to the industry, why not make your own business/company? People do startup projects all the time and as a fresh graduate, you should recall your past lessons easily. You don't necessarily have to get hired by someone in order to earn money. You know for a fact that you don't have any job waiting for you, then you should've started applying even before graduation.

But let's just say that the economy is really bad and you can't get any work, then you should make use of your knowledge and find out how to make money out of it. Tutor people, buy and sell stuffs (i.e. sell books, sell laboratory materials) for the meantime. Eventually, there would be an employment spot that will open. Make sure to always be updated. Some cannot wait so they go to work to a company that isn't that much related to the course that they took in college.

Starting a business is a good idea but one that perhaps should be tempered by caution especially for fresh graduates with no experience. I say this because that's what I did and for a string of bad luck events I ended up heavily in debt from a failed venture in my mid 20s. At that point til today a decade later I envied my peers who went for stable civil sector jobs.

It's great to see success stories but don't be naive... for every success there are probably scores of failures.

Just a matter of luck, I guess. Just like you said, you have had bad luck events. I guess there are things that aren't just for you but that doesn't mean that you shouldn't try them. At the end of the day, you've learned that business just isn't your thing and you should be better off having a day job instead. Look at the bright side, those who went doing jobs right away weren't able to explore the world of business and you did. By the time that you're applying for a job, they're already burned out on their job and you're just about to start. Everything is still great for you after all.

[Shady]

I'm not connected with the economy in the physical world, but rather in the Digital Revolution... To be honest it doesn't even effect me due to my control of virtual assets.

I started learning after school when I was 13 and now hold assets bigger than most 40 year olds. I provide secret services over online venues + establish viral content. No matter my relation directly I also consult about how others can better their life in order to gain traction with others.

Right now every country is in suffering so nearly everybody is effected negatively. It was my belief to jump into a gold rush to end up ahead of those around me so I can survive... Surprisingly it came quick and now I focus on reinvestment + increasing the quality of my development.

Many miners stuck with Bitcoin, but I entered Internet Marketing instead and seem to have ways forward without relying on investments or gaining luck to obtain growth.

[MingLee]

West coast USA/Canada, yeah it's pretty bad.

There is a huge dip in economic activity and it really looks like we're pushing economic recession status; nothing is like how it used to be 2-3 years ago. Everyone is more stingy with their purchases, a lot of fundamental/basic employment opportunities are some of the only services people are buying, and there's more poor people everywhere.

The economy is slowing everywhere, and we're either on the cusp of a massive economic recession or a constant, slow, unfixable and low-wage economy.

[shield132]

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, in my country there is absolutely all that problems what you said, also usd rise makes many countries national currencies to fall down that makes chaos in them. Also BitFury opened biggest datacenter here and this situation is making their work in bad because plans aren't going as it was excepted when they invested 50 million for bitcoin mining project.

[FlamingFingers]

Well, if I was asked that same question 2-3 months ago, I would say that it isn't really that bad but now.....

Economic situation, for investors and stock exchange market, is not bad, but economic situation, for people (and mostly everything else), is way beyond bad. Free floating of the currency, devaluation against USD, fixed low monthly wages, a 10% cut wages for "the love of your country", a high rocket unemployment status/percentage, a huge inflation, lack of some basic nutritional requirements (like sugar and rice), dramatic/drastic increase of prices (110%), lack of exports and imports, a 50% increase of imports' customs taxes, lack of fuel, a 47% increase of fuel price, an expensive taxation on nearly everything (except the air we breathe, thank god), tourism and investments problem and most of all a brainless president and a stupid government that knows shit about running a country.

Oh, by the way, the brainless idiot "president" said that there is no point from learning in schools and unversities, as graduated students won't find any work, so I don't know what we should do.

[bryant.coleman]

In my country, the situation is quite stable. The economy is performing above average, and the unemployment rates are stable. The currency, has devalued by quite a bit during the last 2 years, and this has affected the net purchasing power. But the problem is not unique to Singapore. Other currencies such as the EUR and UKP has devalued even more than the SGD.

[MMA]

some members in bitcointalk are very lucky to have many online projects to work on or to trade digital\physical goods online , because financial depression affect many countries around the world specially the third and the second worlds including my country.

I think there is little bitcoin users in each country. so even though they have a large income and projects in bitcoin or online, it will not make the country's economy be improved? unless the user bitcoin covers all citizens of the

i think the users of bitcoin are too much in China and India, in other countries the users of bitcoin are also increasing continuously, hope that in future bitcoin will be one one of the most important source of economic growth of a country.

[Zisove28]

in my country the economic situation is getting worse every year. Prices are rising, wages remain at the same level. By Christmas every year the situation is getting worse

[Shenzou]

The economy situation in the whole world is getting worst and worst , but what makes it different between the third world and the others is the way people think , you see many people in developed countries think about the future like using bitcoin for example to make lives easier and to make money flow faster , and in developing countries people don't even know what bitcoin is and they don't even bother know what it is because they either don't  have the money for it or they are too lazy to work for it.

[FlamingFingers]

The economy situation in the whole world is getting worst and worst , but what makes it different between the third world and the others is the way people think , you see many people in developed countries think about the future like using bitcoin for example to make lives easier and to make money flow faster , and in developing countries people don't even know what bitcoin is and they don't even bother know what it is because they either don't  have the money for it or they are too lazy to work for it.

Or because they don't either have the required knowledge or the proper tools/equipments to obtain that knowledge.
Or because there is no news about bitcoin so that they know of its existence.
Or because they have too much work to suffice/fulfill their daily life's needs and requirements.

If people (in developing countries) had known what bitcoin brings to the table, they would have probably sought it long time ago.