Is the economy situation in your country that bad?

[OROBTC]

...

It's really hard for me to judge ITALY'S situation now as an interested observer (and long-time tourist here), but IMO it looks pretty bad.  Two Italian banks failed Friday, the government (ie the people) are on the hook for between 6 bn - 17 bn euros (depending on whose figures wind up becoming true).

Monte Paschi is Italy's third largest back and has been in trouble for years.  If that one fails, look out!

I see LOTS of idle young people (who like tattoos and piercings even more than American young do) , and more street-begging than any other time I have been here.

[pat4cryptoreal]

The economy situation in my country is very bad and our government have given it name recession telling us they are fighting corruption in the system so as to grant us a better future.

[Japinat]

The economy situation in my country is very bad and our government have given it name recession telling us they are fighting corruption in the system so as to grant us a better future.

It take time and you are lucky to have a president who are willing to fight for the corruption, that root cause should be eliminated so country will progress. However, like what I said it's a hard job and will take time especially when the corruption has already rooted for many years.

[ladydark]

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?

In India,demonitisation of high value notes have made GDP rate to fall from 7% to 6.1%.More youth have become unemployed.Some people even suffer to meet their daily needs.Some even suffered to get medical treatments.The government tried to turn people to use digital transactions but it totally failed to do so.

[shine1123]

My country's economic situation is very good, the worrying is the political situation, quite seriously because many people differ in politics and they are insulting each other. I hope this political situation will not be bad for the economy

Well, my country is same like you. Economic here is not that bad, but the politician here is really sucks. So many people who work at government corrupt and it's really hard to solve this problem. What i'm afraid is our country is so many religion here and most of them is moeslem. Most of that politician is using religion to get choosen by citizen.

[Sled]

For the past years, yes the economy of my country is bad but when there was a new elected president it is not that bad anymore because he is a good leader for us and he is trying his best to improve the country and also try to maintain the good things that we have here in my country. I think for the next years the economy of my country will improve a lot way better than the economy of the former president a few years ago because the corruption rate here is just small now.

[Vohoanghiep]

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 economic situation in my country is very bad when the rate of university employment is very low. The unemployment rate is very high, almost all the people who go to university do not work in the industry they are trained. In my country, bitcoin is a foreign word for them, coughs have no access to it, the country only has a Bitcoin machine. Simply my country has not accepted Bitcoin, I hope they will accept, perhaps Bitcoin is the wings that will help my country rise in difficult times today.

[JaRViZZ]

In our country, the economic situation is very bad, because the state does not care about its citizens at all and the budget money is used not for its intended purpose. Well that there is the Internet and digital currencies that help to earn.

[senyap101]

Last year my country's economy went to a recession and inflation.... Not just that but my country's unemployment rate is also high.. I think now is the time to save some money for future purposes and this would be bitcoin

[Kronos21]

In our country, the economic situation is very bad, because the state does not care about its citizens at all and the budget money is used not for its intended purpose. Well that there is the Internet and digital currencies that help to earn.

This situation occurs in many countries. The situation is slightly better in States whose currency is used by other countries for investment and protection against inflation, but it only postponed the debt that someday will be a disaster for the economy of these countries.

[Rostadom]

Last year my country's economy went to a recession and inflation.... Not just that but my country's unemployment rate is also high.. I think now is the time to save some money for future purposes and this would be bitcoin

I think you need to earn money and then convert them to bitcoin right away. Save yourself from the inflation, you don't know when is the next wave. If you're still doubtful about bitcoin, you can just buy a property like a land or a house. It's a much better way to store your money. But be aware if there's a tendency for the place where you're buying the property to become a ghost town.

There are places all over the world where there are good houses but they have zero value because there's no more people in that town. This usually happens when a town has become so left behind by the surrounding towns. People just migrate and leave the town valueless.

[itsallpc]

Yes,due to demonitization,most people are suffering from unemployment.Country's GDP rate has reduced from 7% to 6.1%.People suffered to even take their money from ATMs.Industrial production has gone down.Peope were forced to deposit their money in banks but not allowed to take back their deposited money.

[bitllionaire]

The economy situation in my country is very bad and our government have given it name recession telling us they are fighting corruption in the system so as to grant us a better future.

increasing population in big  population countries and the corrupt government in back world countries is the main reason for bad economic conditions of that country. i think we need to over these problems as soon as possible.

[franco123]

In my country, Philippines, the economy is really really strong. This is a fact and not just my opinion.

The number one reason for this is because of the OFW or Overseas Filipino Workers. It is common in the middle-class family in the Philippines to have a parent or both parents working abroad. Thus, a lot of money that is earned by the OFWs are being spent in the Philippines. Money is going in the Philippines.

Another reason is the businesses that are created in the Philippines. Our country have good relationships with different countries and created business ventures with them. The Chinese, Japanese, Korean and American people are the common business investors we have in the Philippines. The relationship we had in these countries kept the investors coming in thus increasing the money being circulated in the economy of the Philippines. In addition, these businesses are being partnered with a Filipino citizen because there is a law in the Philippines that no foreigner can fully own a business in the country.

[Basmic]

In my country there is always a positive signal, but for some reason they never come true. The economy is not growing. The government says that the economy is growing but of the government that no one else sees.

[Silberman]

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?

Most countries of the world are in bad shape financially and with new developments in technology that keeps displacing jobs and the jobs that are being created not being enough and with low pay, then it is safe to say that most parts of the world are not at their best at the moment, like always there are going to exceptions but I think this is a global thing and not something that is happening to a particular country or region.

[NavySeals]

In my country there is always a positive signal, but for some reason they never come true. The economy is not growing. The government says that the economy is growing but of the government that no one else sees.

In Venezuela, the economy is terrible and people are suffering from poverty. If you have a positive signal in your country, pray to God. Some countries like mine are horrible.

[mklost]

In comparison to years ago yeah sure the situation is more difficult with high inflation and huge unemployment.

[Sadlife]

My countries economy is so bad that corrupt politicians are living a rich and good life while there are many people who suffers from unemployment and starvation, poverty. There's even this guy that attempted to robbed the casino tokens that he expected that has a value in the outside world but only to find out that its has none, this guy was drowning in debt and has a million debt in banks that's why his wife and kids left him because of his gambling addiction that motivates him to reck havoc in a casino and killed countless people and in the end he killed himself.

[Bagaji]

My country is not free from the economic hardship experience all over the world. High level of poverty, inadequate infrastructure, numbers University graduate keept on increasing without job to commensurate the number. Inflation rate is on the high side, price commodities has skyrocketed in recent time. The situation here is pathetic.