The economic crisis shows no signs of abating rather it is getting deeper and longer many economic indicators have weakened further. The biggest problem of common man now is inflation. It has increased the cost of living decreased real income. Big problem for entrepreneurs is power and energy crisis. Production is decreasing in these the economy will be under more pressure.
The impact of the economic crisis has been felt by all groups throughout the world, all countries are competing to improve their economic systems in order to maintain stability. I think there are many factors that cause the economic downturn, namely due to the war that is increasingly burning and coupled with climate change which makes agricultural yields less than optimal. Now employers also have to terminate work contracts with their employees due to further instability in the company's balance sheet, thereby increasing new unemployment figures which have quite an impact on the environment. We both just hope that the world will improve again and that super power countries must be able to think about policies that benefit all parties.
Of course, every country will try as hard as possible to recover from the economic crisis so that people can have a decent life as before the economic crisis. It is true that what makes the economy slump is of course security problems and also reduced income from agriculture, but if the government can think of solutions to get out of this situation, of course people will be able to have a decent life and be able to get out of economic pressure.
