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Author Topic: What brings economy of a country down.  (Read 1581 times)
Polo7
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September 14, 2020, 07:00:11 PM
 #141

specially endless money printing brings country down.


specially nigera been borrowing money from imf  the people in nigeria did not get nothing money been moved out places like uk.

money goes but inflation stays its not just in nigeria but it happened in all little countries wich not so well developed.







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September 14, 2020, 09:59:12 PM
 #142

It is also a good idea to diversify business areas and should be applied in many countries around the world. Although I know that we have countries with few natural resources or territories that are too narrow to develop many industries, it will be a way for the economy to avoid sudden disasters. I always believe in the timeless strategies and sayings of those who go before, never put eggs in a basket.
Well, some countries afraid might not to get return of profit when making an investment in other sector. With so many ways that a certain economy could be efficient and profitable but the problem is there is always a corruption that makes go down and not generating income. Actually many resources in a certain country it's just needs to develop and have a brilliant strategy.
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