Are we headed to a nowhere economic direction ?

[fuguebtc]

Real estate is collapsing and even the rich people have no options to invest.

If someone can think of an investment plan in the middle of a recession, it means that he is able to maintain a stable financial condition, while in the midst of a "collapse" the real estate business is a good investment opportunity to start in that sector. Why "no choice"? Unless you state where you're from, some countries are simply not suitable for real estate business in various global economic situations.

He probably says that real estate prices are so increasing that even rich people can't afford them. I don't think that real estate is a good option when its price is gone too far where a lot of people can't afford it. Market crash happens and real estate market will crash too, it won't grow forever.

From what I understand, OP is saying that real estate prices are also falling according to the economic situation, and rich people are also afraid to invest because it doesn't generate profit. The real estate market also became gloomy, not better than other markets. But it is still considered the safest asset, and the fact that it drops in price is a good investment choice. The demand for real estate will never go away or decrease over time, look at how fast the world population grows, and you will see the potential of real estate.

[Argoo]

From what I understand, OP is saying that real estate prices are also falling according to the economic situation, and rich people are also afraid to invest because it doesn't generate profit. The real estate market also became gloomy, not better than other markets. But it is still considered the safest asset, and the fact that it drops in price is a good investment choice. The demand for real estate will never go away or decrease over time, look at how fast the world population grows, and you will see the potential of real estate.

Now the general economic and financial crisis continues. It affected almost all countries after unprecedented measures to combat the coronavirus pandemic, ongoing wars, especially that Russia unleashed in the center of Europe by invading Ukraine, as well as climate change, which primarily negatively affects agriculture. During this period, keeping funds in fiat or in banks at interest is inefficient. A much better solution has always been an investment in real estate, eternal values, antiques. And now we have a great solution with investments in the best cryptocurrencies. But in cryptocurrency, you cannot count on quick profits.

[bettercrypto]

In my country over the past few months, the interest rates have been declining. Our government aims to stimulate the economy through a set of financial policies but there seems to be less effective than before. Under the backdrop of the global economic recession, no government will be able to outperform others easily. The dilemma we are facing now is that we are actually losing whether to spend the few money we have at hands or to save it in banks for less and less interest. Real estate is collapsing and even the rich people have no options to invest.

Personally I have invested in cryptocurrencies but due to the current market, there is no sign that I will profit any time soon, so I guess the result of the investment remains unknown. Although I still have steady income from my job, uncertainties will not diminish as I hope for a stable feed for my family and for savings as much as possible. What is your situation in your country ? Are you going to experience some economic turmoil as well ? Please let me know.

Well, the state of our economy here is somehow changing compared to the past 3 years. It seems that our economy is still in the stage of recovery, and almost all countries are now facing this situation because of the inflation that is being faced all over the world today.

       In short, all of us around the world are facing the situation that you have in your country as well, the only thing that is really needed now is for us to have a smart strategy to grow the money that we earn from the work that we have. Although, the risk does not disappear as long as what is really needed is to be strong and good at choosing.

[DrBeer]

From what I understand, OP is saying that real estate prices are also falling according to the economic situation, and rich people are also afraid to invest because it doesn't generate profit. The real estate market also became gloomy, not better than other markets. But it is still considered the safest asset, and the fact that it drops in price is a good investment choice. The demand for real estate will never go away or decrease over time, look at how fast the world population grows, and you will see the potential of real estate.

The real estate market is different from the FMCG market, and it has both ups and downs. Moreover, "regional" and "situational" moments are added.
For example - in my country, as well as throughout the world, until 2009 the real estate market grew like a bubble - take it today - tomorrow sales are guaranteed to be more expensive. And prices have skyrocketed to an unacceptable level. But the people, by inertia, bought, and even on credit, being sure that tomorrow, even taking into account loans, they would sell at a profit. The market has burst....Prices have fallen.
Then, though, the situation stabilized and prices began to rise again.
After the Russian attack on my country, the real estate market expectedly fell even in the capital, especially in cities close to the front line. But after some stabilization, around 2018, prices began to rise again. Today the prices look quite logical, but the demand is still pushing up the price, because. a large number of people appeared who lost their property (temporarily occupied areas), and wishing to buy in other cities.

[jaberwock]

The days when we all relied solely on natural resources to thrive are long gone, and the world is transitioning to a digital economy. The government made money off of those resources, therefore the natural bounty was not greatly enjoyed by the people. I see a future in which everyone's brain has been implanted with knowledge about our natural resources. Ideas should be generated by individuals to improve their finances and the economy. Spend the money you have wisely if you must. If you require quicker returns, and if you are skilled with advertising, you can spend the money in affiliate marketing. It doesn't make sense to keep the money in the bank, and occasionally I think it's a waste of time. It's preferable if you spend the funds to advertise a successful product.

There are still natural resources left but it would be better to not fully rely on them so that they can last long. It's always better to diversify or have an alternative on the side. Digital economy is booming but we can't fully transfer on it as there are things which will only work offline. Also, not all people have the ability to follow the current trend. They are already contented on the basic life.

There were talks about chip implants in the body, is it the same thing you're talking about? That's scary but it's a good thing if the idea is to help people realize the importance of natural resources. People can still be taught in a natural way. This is more safer than those implants.

[fuguebtc]

From what I understand, OP is saying that real estate prices are also falling according to the economic situation, and rich people are also afraid to invest because it doesn't generate profit. The real estate market also became gloomy, not better than other markets. But it is still considered the safest asset, and the fact that it drops in price is a good investment choice. The demand for real estate will never go away or decrease over time, look at how fast the world population grows, and you will see the potential of real estate.

Now the general economic and financial crisis continues. It affected almost all countries after unprecedented measures to combat the coronavirus pandemic, ongoing wars, especially that Russia unleashed in the center of Europe by invading Ukraine, as well as climate change, which primarily negatively affects agriculture. During this period, keeping funds in fiat or in banks at interest is inefficient. A much better solution has always been an investment in real estate, eternal values, antiques. And now we have a great solution with investments in the best cryptocurrencies. But in cryptocurrency, you cannot count on quick profits.

I don't want to offend, but I think the people who say real estate has no potential are the ones who don't have enough money to invest in it. The demand for gold and bitcoin may disappear if we find a metal more precious than gold or a new technology better than bitcoin, but real estate will always be in demand because everyone needs a place to live.  
In summary, with the economy in recession, and currency depreciating, we should stay away from fiat money altogether and allocate our money to deflationary assets like gold, bitcoin is a perfect choice.

[savetheFORUM]

this is not the first time the economy has suffered from inflation, inflation is a part of the economy and it has a cycle.  therefore, economic recovery is certain but inflation will soon return in the future.  i agree with you, we shouldn't waste time researching and coming up with solutions because it's the government's duty, we alone won't do anything or come up with any good idea. Instead, finding a way to save ourselves from inflation is what we should do above all.

And unfortunately something as simple as this is beyond the capabilities of most people, they take a very passive stance and they simply hope that the government is going to fix everything, and maybe they will find a way to avert the upcoming crisis, but even if they do most people would have suffered tremendously during that period, so we cannot give up the responsibility to look after ourselves and protect our assets to the best of our abilities.

Most of them don't really have a choice since they don't find any solution for it themselves and they simply just hope and wait for things to be managed by the government or the authorities which barely happens and then they become disappointed. If they have enough wealth, they may go for investments like real estate or gold, but those with limited wealth will be left hanging.

Such people if know the correct medium of keeping their wealth at the right time will surely act upon it but they lack the necessary knowledge, hence they stay where they were and get hit pretty hard with inflation and economic crisis.

[Wong Gendheng]

The current economic conditions are indeed difficult, there is a lot of bankruptcy of the company because it always reports losses, especially the off -line sector such as malls, bookstores, etc. now many end because they cannot generate profit, but we must be smart in dealing with situations like now because every Problems, of course there will be a solution

[indo1]

I think real estate is a very strong industry. it is very possible that some investors prefer to invest here compared to investing in other places which sometimes still have big risks in their industry. some deposits also still have links with real estate. I think this real estate is perfect for those who want to have investments with more convincing returns because the market rarely goes down.

[Betwrong]

Nothing different here mate. My country is struggling as well. But what turns matters worst is the high level of corruption in my country. The pandemic permanently closed a lot of our businesses here and I also lost all my source of income. I have investments in our local stock market but it turned into a nightmare with some stocks performing worse than crypto's altcoin market in a bear season.

Despite all of these trials, we need to strive harder than ever. I am actually looking forward to crypto's bull run next year and 2025 as my biggest hope of recovery.   

All of us here hope for that, and some us(like myself for instance), hope that bull run will start earlier, maybe in August this year. But in the meantime we shouldn't just sit and wait for that. We must adapt to new realities. Many things have changed over the recent years, and those changes can't be ignored if we want to stay afloat. Luckily, we have the internet to find out about what are the optimal things to do in the current economic situation.

[gaston castano]

You've done a great job of keeping your money in crypto because if we deposit money in the bank, we get nothing but paying fees every month. And the value of our money will not be able to increase but decrease until finally, our money in the bank runs out if we don't save every month, but that also doesn't guarantee that we can get good interest because of those costs.

The economic situation in my country seems to be stable and under control even though there has been a slight increase in basic goods, but so far, it's still good. We hope the government can solve every problem, but we cannot rely too much on the government. For this reason, we must prepare for our future by investing in bitcoin. And I think that step is right for those of us who have invested a certain amount of money each month to prepare for our future.

It's understandable that you see investing in Bitcoin as a way to potentially grow your wealth, especially considering the low interest rates offered by traditional savings accounts in some cases. Cryptocurrencies like Bitcoin have the potential for higher returns compared to traditional savings options. However, it's important to recognize that investing in Bitcoin also comes with higher risks due to its volatility.

[Negotiation]

Much of the ongoing inflationary pressure in many economies can be attributed to the pace of economic recovery. Supply shortages still exist in most cases. But supply shortages can also be a symptom of a bigger problem. As can be said of economic ineffective fiscal policy and weak productivity growth. But no matter which way the economy goes, investing in cryptos like bitcoins can yield good returns. It is very good coin and trust worthy. Even if the risk is high, there will be no impact on the investment regardless of the direction of the economy.

[Yatsan]

You've done a great job of keeping your money in crypto because if we deposit money in the bank, we get nothing but paying fees every month. And the value of our money will not be able to increase but decrease until finally, our money in the bank runs out if we don't save every month, but that also doesn't guarantee that we can get good interest because of those costs.

The economic situation in my country seems to be stable and under control even though there has been a slight increase in basic goods, but so far, it's still good. We hope the government can solve every problem, but we cannot rely too much on the government. For this reason, we must prepare for our future by investing in bitcoin. And I think that step is right for those of us who have invested a certain amount of money each month to prepare for our future.

It's understandable that you see investing in Bitcoin as a way to potentially grow your wealth, especially considering the low interest rates offered by traditional savings accounts in some cases. Cryptocurrencies like Bitcoin have the potential for higher returns compared to traditional savings options. However, it's important to recognize that investing in Bitcoin also comes with higher risks due to its volatility.

There are distinct differences as well. Banking institutions would be able to offer insurance for your wealth with low profit potential from saving on their bank. Investing to Bitcoin as you've mentioned would be promising for profit potential but indeed risk would be there and that you'd be the only one in charge of your assets such that if anything happen in this space, no one would compensate for it other than yourself.

There are indeed economic problems which somehow imposes risks to your wealth but if it is just assurance ofcourse regulated platforms and institutions would be a better choice, still. Bottomline is measuring the risk in every option you consider.

[Silberman]

this is not the first time the economy has suffered from inflation, inflation is a part of the economy and it has a cycle.  therefore, economic recovery is certain but inflation will soon return in the future.  i agree with you, we shouldn't waste time researching and coming up with solutions because it's the government's duty, we alone won't do anything or come up with any good idea. Instead, finding a way to save ourselves from inflation is what we should do above all.

And unfortunately something as simple as this is beyond the capabilities of most people, they take a very passive stance and they simply hope that the government is going to fix everything, and maybe they will find a way to avert the upcoming crisis, but even if they do most people would have suffered tremendously during that period, so we cannot give up the responsibility to look after ourselves and protect our assets to the best of our abilities.

Most of them don't really have a choice since they don't find any solution for it themselves and they simply just hope and wait for things to be managed by the government or the authorities which barely happens and then they become disappointed. If they have enough wealth, they may go for investments like real estate or gold, but those with limited wealth will be left hanging.

Such people if know the correct medium of keeping their wealth at the right time will surely act upon it but they lack the necessary knowledge, hence they stay where they were and get hit pretty hard with inflation and economic crisis.

Without a doubt those which lack the resources to try to protect themselves have my sympathy as they cannot do anything except to hope for the best, however there are many people out there which could in fact do something to protect themselves but they refuse to do it as they simply hope for things to fix themselves, however the track record of governments and banks is terrible and as such we cannot depend on them to solve the current economic issues and instead we need to something by ourselves, and buying bitcoin is a good step which can be taken by anyone that has some spare money to invest in this market.

[jrrsparkles]

The current economic conditions are indeed difficult, there is a lot of bankruptcy of the company because it always reports losses, especially the off -line sector such as malls, bookstores, etc. now many end because they cannot generate profit, but we must be smart in dealing with situations like now because every Problems, of course there will be a solution

Shopping malls and small stores will nit survive anyway in the future due to the emergence of eCommerce sites and it even reached the remote areas where people can afford to spend money on buying goods so even if there is stability in the economy of any country the shopkeepers should find an alternative like taking their business to online by creating their own site or just list them on Amazon and others.

But the rich people are getting higher revenue than before because they adapt to the trend so innovation in their business keep them alive even at worst economic situations.

To OP the traditional investments will always take time like atleast two decades to feel the returns in terms of real estate or gold however the cryptocurrencies are not that old but managed to emerge to big level in 10 years so if you can invest then don't forget to include bitcoin into your portfolio.

[wajik-tempe]

In my country over the past few months, the interest rates have been declining. Our government aims to stimulate the economy through a set of financial policies but there seems to be less effective than before. Under the backdrop of the global economic recession, no government will be able to outperform others easily. The dilemma we are facing now is that we are actually losing whether to spend the few money we have at hands or to save it in banks for less and less interest. Real estate is collapsing and even the rich people have no options to invest.

Personally I have invested in cryptocurrencies but due to the current market, there is no sign that I will profit any time soon, so I guess the result of the investment remains unknown. Although I still have steady income from my job, uncertainties will not diminish as I hope for a stable feed for my family and for savings as much as possible. What is your situation in your country ? Are you going to experience some economic turmoil as well ? Please let me know.

If you are concerned about uncertainties and want to achieve stability, it is typically better to keep a diversified portfolio that includes low-risk investments such as bank savings or other stable assets. Saving money may serve as a safety net and help you establish a financial cushion for unforeseen events.

[smile1218]

There are challenges and uncertainties such as geopolitical tensions, climate change and inequality, there are also opportunities for growth and progress. Like advancements in technology and innovation can lead to new industries and jobs, while government policies and international cooperation can help address global challeges. It's also worth considering that economic growth is not the only measure of progress. We need to consider the social and environmental sustainability, equity and quality of life. Therefore it is important to approach economic development holistically and consider the broader impacts of policies and decisions. It is important to remain optimistic and proactive in addressing economic direction. By working together and embracing innovation and sustainability we can shape a more positive economic future.

[Betwrong]

~

If you are concerned about uncertainties and want to achieve stability, it is typically better to keep a diversified portfolio that includes low-risk investments such as bank savings or other stable assets. Saving money may serve as a safety net and help you establish a financial cushion for unforeseen events.

I don't know, it depends on many things, and most of all on where do you keep your money. There are many countries where putting your money in a bank is an equivalent of throwing it away. If we expect economic instability, maybe the real things, like good quality tools, are worth investing into. I mean, apart from household tools, a good fishing rod, some Japanese hooks and fishing lines may come in handy one day.

[Lida93]

In my country over the past few months, the interest rates have been declining. Our government aims to stimulate the economy through a set of financial policies but there seems to be less effective than before. Under the backdrop of the global economic recession, no government will be able to outperform others easily. The dilemma we are facing now is that we are actually losing whether to spend the few money we have at hands or to save it in banks for less and less interest. Real estate is collapsing and even the rich people have no options to invest.

Every government of each country are battling seriously with inflation problems and you can hardly find any government that's doing well economically currently. And like like all economic policies are failing with no remedy in place and all of these are a burden borne on the citizens.

Personally I have invested in cryptocurrencies but due to the current market, there is no sign that I will profit any time soon, so I guess the result of the investment remains unknown. Although I still have steady income from my job, uncertainties will not diminish as I hope for a stable feed for my family and for savings as much as possible. What is your situation in your country ? Are you going to experience some economic turmoil as well ? Please let me know.

At this time there's so more necessity for multiple streams of income like never before as way to meet up with certain family responsibilities as a family as all government economic policies are really not giving us a positive relief. And crypto especially bitcoin is one way out of such burden.

[kojektea]

Real estate is indeed a good choice in investing because its fundamentals are so strong that some banks even choose this industry as their investment business. The problem is that the economics of micro-enterprises is in a bad phase, of course sooner or later it will affect others. if we are just a small entrepreneur whose income is reduced then getting into investment will be so difficult. I don't think even real estate is a thing that's going to continue to go up in the future.