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Author Topic: Is the economy situation in your country that bad?  (Read 39595 times)
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January 31, 2017, 03:25:36 PM
Last edit: January 31, 2017, 09:34:04 PM by markyminer
 #241

You know in my country, economy situation is normalistically but our government is not good, sorry to say that but they all are corrupt leaders. But my country people, they are good and hard working people, that's why we have no interest in government and our private schools, offices and factories they all are doing well, So economy point of view, my country has good position.
if the leader of a country will corrupt then what can you expect from these countries. they all the time busy to fulfill their pockets and do not take care of their people, even they cannot provide, basic needs to their people. in my country the economic condition of our country is not satisfactory. we can hope that in future our economic conditions of our country will become better in near future.

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January 31, 2017, 03:33:35 PM
 #242

in my country, too, the situation is very difficult. High unemployment, wages too small - not enough money on that enough. Defer portion of income becomes heavier

Same here mate, although the wages gets increased and the provincial rate became the same with the rate of what the city has, the unemployment rate remains the same. Actually I can see that there are little changes on the economy here in my country but still it's not enough to make a solution to reduce the unemployment rate as well as the poverty .
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January 31, 2017, 03:45:52 PM
 #243

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?

I think that in many countries the economy is jot as bad as we see on public statistics but this is affected by the people who are "bosses" in their countries who do not pay the taxes.

Even though most of people pay the duties that they have to the government still someone in a good position there will do anything to get a small percentage in their pockets.
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January 31, 2017, 04:14:50 PM
 #244

I live in the EU and it's getting worse every year. Media are flooding people with fake positive news, like "our budget for this year is looking great and unemployment has decreased," while in reality nothing changes for the better. The rich are getting richer, the poor are getting poorer and immigrants are killing people in the streets. Just another day in the Euro zone Grin

Looks like the great Britain was the first who leaved the EU and not the last. I live in Serbia now, but I am Russian and here the economic situation seems bad. the government takes such big taxes from every working person, I just don't understand where all this big money goes in this country?!

There are some countries who want to leave and some in hurry to enter in. It means there are still some benefits to be part of Europe i guess. But It also seems the benefits are only for some countries, for others it is a nightmare. I remember when i was young and they started to talk about Europe. It was looking good, new and innovative. Now we want (at least most of europeans) our country back to what it was before. Europe create too much trouble to feed the oligarchy.  We want our currency back, we want our culture as it was. We don't want to be ruled by Europe and their laws. My country was such a beautifull country before, I am so sad to see it is changing for the benefits of others than my citizen. Voting for Europe it is a trahison

I know Serbia want to be in, but most citizen would prefer an union with Russia

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February 01, 2017, 08:15:56 AM
 #245

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?

I think that in many countries the economy is jot as bad as we see on public statistics but this is affected by the people who are "bosses" in their countries who do not pay the taxes.

Even though most of people pay the duties that they have to the government still someone in a good position there will do anything to get a small percentage in their pockets.
Yes, those kind of people are not paying taxes and government starts put extra taxes to salaried people. Bank loan is the another area where those people are playing with public money. If government takes strict actions against these people, the economic growth will definitely find good progress for any country.

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February 01, 2017, 09:36:33 AM
 #246

Since the year 2017 this about my country inflation at 0.7%, I think with the inflation of this will make the value of the currency is getting down. I am worried that one day arise unrest so as to make the economy muddled.
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February 01, 2017, 11:36:03 AM
 #247

For me its really really bad, before when I was young, i don't care who will be the President who will be our Mayor in the town, I really don't care as long as I eat 3 times a day, I'm good. But as days goes by, I realized that every citizen of our country should contribute not as a big one but as a Filipino you know how to cooperate with everyone. Every success has a one key and that's the COOPERATION. If our government will be cooperate to each and everyone and stop all the corruption I think all things will be possible.
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February 01, 2017, 11:58:33 AM
 #248

If I have to judge from 1-10, it's 5 in my country, an average number I think. There are a lot of the poor and unemployment people, the poverty alleviation can't ever be done as long as there are too many corruption in every level of government.
How prosperous a country/city measured by citizens income per capita, mostly case in second world countries, the number of that is very low. I can say, we can live just enough for everyday but I need more than an effort to rise up.
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February 01, 2017, 01:08:12 PM
 #249

Since the year 2017 this about my country inflation at 0.7%, I think with the inflation of this will make the value of the currency is getting down. I am worried that one day arise unrest so as to make the economy muddled.

Due to oil rate down in last year, Here the value is seems to be little dipped. In recent days I have noticed that the currency rate again stabilized in the world market. I think in the end of the year Tourism will again move to peak here, then we can see the value to high price.
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February 01, 2017, 01:28:01 PM
 #250

You know in my country, economy situation is normalistically but our government is not good, sorry to say that but they all are corrupt leaders. But my country people, they are good and hard working people, that's why we have no interest in government and our private schools, offices and factories they all are doing well, So economy point of view, my country has good position.
I think if the country's government has a good system and not tangled problems of corruption I believe the country's economy would have been good. certainly the country's government will try their best to make all the people to get a job
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February 01, 2017, 01:58:38 PM
 #251

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, I guess most of the countries are facing the same problems in their society. And as always, poverty, unemployment are the major things that the governments always think of the solutions of how to resolve it. But, even my nation is in that stage scenario, anyhow the problems to our economy has been lessen anyhow by the new changes laws which is being implemented it by now.
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February 01, 2017, 02:40:33 PM
 #252

in my country, too, the situation is very difficult. High unemployment, wages too small - not enough money on that enough. Defer portion of income becomes heavier
Same here mate, although the wages gets increased and the provincial rate became the same with the rate of what the city has, the unemployment rate remains the same. Actually I can see that there are little changes on the economy here in my country but still it's not enough to make a solution to reduce the unemployment rate as well as the poverty .
Many country suffering with the same situation, the worst thing in this case is mostly the job given by government that affect mostly the economic status of the state or country. Poverty is not that easy to escape on, each country have an issue with that even the most developed country in the world it’s because of the unemployment.
 

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February 01, 2017, 03:30:58 PM
 #253

I don't see the economic situation in my country is that as bad as compared to other countries because of more than one reason.

Political Willpower - I think the will power to transform the country of the current central government is amazing.

Population Strength - The average age of the population is less than 35 years so this is another plus point.

Digitalisation - Many new steps are being taken by the authorities to improve digital literacy as well as connectivity which is a basic element of development.

I see very good picture for my country in near future, let's hope for the best and let's work for the best Smiley
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February 01, 2017, 03:50:04 PM
 #254

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, I guess most of the countries are facing the same problems in their society. And as always, poverty, unemployment are the major things that the governments always think of the solutions of how to resolve it. But, even my nation is in that stage scenario, anyhow the problems to our economy has been lessen anyhow by the new changes laws which is being implemented it by now.
I think that the situation in these countries could change more quickly if people seek to understand the economy better and try to use solutions that are already available, and that can make a big difference. Bitcoin itself is an example of a technology that, if more people know and use, could contribute significantly to the development of these countries.
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February 01, 2017, 03:55:10 PM
 #255


I think that the situation in these countries could change more quickly if people seek to understand the economy better and try to use solutions that are already available, and that can make a big difference. Bitcoin itself is an example of a technology that, if more people know and use, could contribute significantly to the development of these countries.

It's not an assurance of development but rather just a change the way people will deal financially. Since bitcoin is not regulated, incoming bitcoin from other country to your country is not counted as GDP.

Also there are still lot of holes if a government will truly adopt the idea of using blockchain since transactions are irreversible and if stolen bitcoin can't be recovered forever to the same user.

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February 01, 2017, 04:16:00 PM
 #256

i thought this is just rumors, well i am just an teenager  with little bit of necessary skills..i think in my country's economy the balance of money is somehow getting smaller and smaller because more and more people taking loans for their survival. we are not that much poor but i can observe others. after join the bitcoin community i understated the correct time and implementation of ideas by which we can really develop our country with our own ideas instead of relaying on others
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February 01, 2017, 05:20:33 PM
 #257

According to newspaper  the economic situation of my country was bad due to lack of technology but now a days my country is developed in technology so the economy situation is good but no so good.
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February 02, 2017, 01:08:31 AM
 #258

i thought this is just rumors, well i am just an teenager  with little bit of necessary skills..i think in my country's economy the balance of money is somehow getting smaller and smaller because more and more people taking loans for their survival. we are not that much poor but i can observe others.

How come that your government fund easily depleted? I think there is a problem with the legislator's proposal of budget for the whole year, or probably you are not sure... It is not easy to deplete the economy with just loans from locals, even if it is massive...

after join the bitcoin community i understated the correct time and implementation of ideas by which we can really develop our country with our own ideas instead of relaying on others
Well, in that case your leaders are probably keeping you in clandestine... It's not a very nice idea to not seek other peoples help.. We need each other...  Smiley
rajasumi3
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February 02, 2017, 03:53:18 AM
 #259

Yess in our country also the economic situation is detoriating at a steady pace .after the demonetisation the gdp of our country has dropped by 1.8 and due to that so many people have lost their job due to that .
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February 02, 2017, 04:43:29 AM
 #260

Yes,in our india, due to demonitisation of high value notes,a huge economic crisis has occured.People are even not able to get proper medical treatments. There is always a huge queue standing in front of ATMs for cash.Many small scale industries have been shut down.It was mainly done to make black money holdfers suffer.But those black money holders managed to find some ways to change their black money into white money.Two months have gone after demonitisation, still situation is worse.
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