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Author Topic: Is the economy situation in your country that bad?  (Read 39590 times)
misterj
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September 03, 2017, 12:17:14 PM
 #621

The economy in my country is in drought. Were we have a lot of workers yet have very few decent jobs. Prices of needs increases while the income stays the same. You will need to have part time job so you could sustain needs and wants or you must look for any alternative way to earn income.

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September 03, 2017, 12:26:55 PM
 #622

Not really, for me its a good thing that our local currency drops value versus USD, more exchange per $, more food on the table and extra money to pay the bills.
For my country the economy is too bad because the local currency is drop down versus Dollar thats why the price of the goods pumps. And even the price of the oil increase. The higher the value of dollar againts local currency the bigger the chance the economy goes down.



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September 03, 2017, 12:35:03 PM
 #623

In the name of development, our government has made various plans and has implemented it over the common public. Now this has termed to be a way for the corporates and other certain institutions to grow actively. Compared to the past years the growth has moved from 6.1 to 5.7

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laluna24
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September 03, 2017, 01:22:15 PM
 #624

The economy in my country is in drought. Were we have a lot of workers yet have very few decent jobs. Prices of needs increases while the income stays the same. You will need to have part time job so you could sustain needs and wants or you must look for any alternative way to earn income.
Here in my country the economy is not good but there is development happen. The government is having alternatives plans to improve countries economy. So for us able to sustain our needs we must do a work/jobs to provides the needs for ourselves and for our family.
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September 03, 2017, 04:03:12 PM
 #625

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

We are similar. Here in the Phillipines have low employment rate . Many college grads but the government got no work to offer. There's a lot of bpo company thats offering job but not all pilipino's are capable of that job. Low wages , high bills . Thats why many Pilipino's going abroad to look for a better opportunity.  Plus almost every pilipino is dependent on loans . And worst of all many Mayors and Congress people are involved in corruption and drug cartels. What a sad country. T_T
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September 03, 2017, 04:08:29 PM
 #626

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 our country's economy is growing steadily even if it's not a big country but it is growing steadily and experiencing very little crisis. However, Bitcoin for the water is still strange, only a few thousand know it, invest in it and make money from it.

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September 03, 2017, 05:24:31 PM
 #627

Not really, for me its a good thing that our local currency drops value versus USD, more exchange per $, more food on the table and extra money to pay the bills.
For my country the economy is too bad because the local currency is drop down versus Dollar thats why the price of the goods pumps. And even the price of the oil increase. The higher the value of dollar againts local currency the bigger the chance the economy goes down.
most of the the underdeveloped countries are facing these problems. but a lot of reasons are there for that, for example their increasing population is the main cause for that, secondly there is more corruption in underdeveloped countries and thirdly their education status, their educational system is not good which is also a big reason for their drop in economy.
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September 03, 2017, 05:57:20 PM
 #628

Not really, for me its a good thing that our local currency drops value versus USD, more exchange per $, more food on the table and extra money to pay the bills.
For my country the economy is too bad because the local currency is drop down versus Dollar thats why the price of the goods pumps. And even the price of the oil increase. The higher the value of dollar againts local currency the bigger the chance the economy goes down.
most of the the underdeveloped countries are facing these problems. but a lot of reasons are there for that, for example their increasing population is the main cause for that, secondly there is more corruption in underdeveloped countries and thirdly their education status, their educational system is not good which is also a big reason for their drop in economy.
Yes, corruption and education in my country are a huge problem affecting the economy, every year I regularly listen to news about the corruption of the people that work for the government, the amount of corruption can be said to be huge. Education can be said is not growing, facilities and equipment are outdated, if you have money, you do not need any knowledge and you will also easily have a master's degree and have a good job, that made the economy in my country very bad and slow development

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September 03, 2017, 06:00:04 PM
 #629

In my country, a bad economic situation, because the government uses all means to destroy the country, and not to strengthen it and improve the lives of all citizens.

I am sorry for you, but if you bring this system up here, you have to endure the consequences, the economic situation of the country in which I live is good, so the citizens of the country are working hard. I wish also your every think be gonna great.

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September 03, 2017, 06:22:51 PM
 #630

In india,demonitization has created a great disaster to economy.Due to devaluation of higher value notes,most small scale industries are shut down.Most people have lost their jobs.GDP has fallen from 7% to 6.1%.People even queued in large lines to even take money from ATMs.It was said that demonitization was done to destroy fake notes.But it failed.It is said that the country has gone ten years backward due to demonitization.

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September 04, 2017, 03:02:22 AM
 #631

In my country, a bad economic situation, because the government uses all means to destroy the country, and not to strengthen it and improve the lives of all citizens.

I am sorry for you, but if you bring this system up here, you have to endure the consequences, the economic situation of the country in which I live is good, so the citizens of the country are working hard. I wish also your every think be gonna great.
With bitcoin we can escape from the bad situation in our country as working online has no restrictions, we can earn here by
working and make money in trading so I don't think that would be a  hindrance if you are looking for success.

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September 04, 2017, 03:12:46 AM
 #632

In the name of development, our government has made various plans and has implemented it over the common public. Now this has termed to be a way for the corporates and other certain institutions to grow actively. Compared to the past years the growth has moved from 6.1 to 5.7

Good for your government, here in my country in terms of development. Politicians doesn't seem to see our country in a good progress in terms of technology and infrastructure. Why I would say it so? In every movement of the good local government they are blocking every good project and I don't understand on how they want the country to be a progressive one if they don't want this to happen.



 

 

 

 

 

 


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September 04, 2017, 03:33:19 AM
 #633

In the name of development, our government has made various plans and has implemented it over the common public. Now this has termed to be a way for the corporates and other certain institutions to grow actively. Compared to the past years the growth has moved from 6.1 to 5.7

Good for your government, here in my country in terms of development. Politicians doesn't seem to see our country in a good progress in terms of technology and infrastructure. Why I would say it so? In every movement of the good local government they are blocking every good project and I don't understand on how they want the country to be a progressive one if they don't want this to happen.

Politicians are supposed to be the leaders in leading a country to have progress but sadly, there are some who just use their position for their own benefit not thinking of why people put them in power. They are just showing their good side when they are facing the majority but when they are not seen, they are doing ways to do things unthinkable just for them to maintain their status and power. I think this is one of the reasons why the economy is very slow in progressing cause instead of helping each other, they are bringing each other down to accumulate power.

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September 04, 2017, 03:55:23 AM
 #634

I am convinced that the current economic situation of the world in general is very good, as the world generates enough wealth to sustain the needs of the population. I believe that most human beings have the capacity and the resources to live happy and satisfied. The problem is that the current capitalist economic system has implanted in our minds that the consumption of unnecessary goods is an indispensable condition for the attainment of happiness, and this leads us to get debts, to work in excess and to live in continuous tension and depression.

 I do not believe in poverty, I only see people unsatisfied and confused.
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September 04, 2017, 04:10:01 AM
 #635

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

We are similar. Here in the Phillipines have low employment rate . Many college grads but the government got no work to offer. There's a lot of bpo company thats offering job but not all pilipino's are capable of that job. Low wages , high bills . Thats why many Pilipino's going abroad to look for a better opportunity.  Plus almost every pilipino is dependent on loans . And worst of all many Mayors and Congress people are involved in corruption and drug cartels. What a sad country. T_T

Are there many Filipinos who rely on loans? I didn't know nor notice that. But I have to agree that the economy in the Philippines is very poor, and I think it's because it doesn't maximize its resources. There's a lot of room for improvement in the agricultural sector, and there should be more developments with education and infrastructure. The poverty situation is also very bad, especially amongst the rural areas. Most of the country's GDP is reliant on the filipino workers who work abroad.
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September 04, 2017, 04:19:26 AM
 #636

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?



It's not that bad actually, the economy in my country is not that bad. I mean, no jobs cuts or something like that but the security situation is a quite problem here especially for the minority, so many racist people here in my country and that's why the minority rarely do business with them. Other country already think about new technology but my country still talk about religion and racism.
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September 04, 2017, 04:27:51 AM
 #637

In the name of development, our government has made various plans and has implemented it over the common public. Now this has termed to be a way for the corporates and other certain institutions to grow actively. Compared to the past years the growth has moved from 6.1 to 5.7

Good for your government, here in my country in terms of development. Politicians doesn't seem to see our country in a good progress in terms of technology and infrastructure. Why I would say it so? In every movement of the good local government they are blocking every good project and I don't understand on how they want the country to be a progressive one if they don't want this to happen.

Politicians are supposed to be the leaders in leading a country to have progress but sadly, there are some who just use their position for their own benefit not thinking of why people put them in power. They are just showing their good side when they are facing the majority but when they are not seen, they are doing ways to do things unthinkable just for them to maintain their status and power. I think this is one of the reasons why the economy is very slow in progressing cause instead of helping each other, they are bringing each other down to accumulate power.

It's not just happening in our country but in every society and other countries for sure this kind of crazy act is happening. Those people that are in power are taking advantage while they are there so that when they stepped down they have a good life that came from an unclean service to the people.



 

 

 

 

 

 


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Viscore
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September 04, 2017, 04:54:03 AM
 #638

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?



It's not that bad actually, the economy in my country is not that bad. I mean, no jobs cuts or something like that but the security situation is a quite problem here especially for the minority, so many racist people here in my country and that's why the minority rarely do business with them. Other country already think about new technology but my country still talk about religion and racism.
Every country is competing, there are countries who are already rich and they get richer but the poor countries which lacks infrastructures
will become poorer and when they are poor people are uneducated and might not be able to be aware of the latest trends that would make life
convenient like the crypto currency. It's the government's responsibility to grow the economy but if the leader is corrupt the chance is very dim.

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September 04, 2017, 06:24:09 AM
 #639

Economically, my country did hit rock bottom. Prices are getting higher and higher while salaries  remais the same. Poverty is increasing widely compared to last decade. All of that and the goverment haven't found any solution yet. The situation is  getting really umbearable here in Tunisia.

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September 04, 2017, 08:00:28 AM
 #640

It may be possible to improve the economy of a country that is experiencing an economic crisis the role of bitcoin can not completely change a degenerate economy like in your country. But the role of bitcoin is at least able to provide income for those who do business in bitcoin.
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