Do you feel that the global economy is declining?

[Abiky]

I think it's a matter of supply and demand. Five years ago, your colleague's skills may have been highly sought after, with low supply and high demand, leading to higher salaries. But now, the supply of people with those skills is higher, while demand may be lower or stagnant. This gives companies more options, so they can lower salaries and easily replace employees who don't agree.

To stay competitive, we need to constantly improve our skills and perhaps take on more responsibilities to become indispensable to our employers. Additionally, diversifying our income sources can help. The resources are limited, but the number of people entering the job market keeps growing each year. This increases competition and can lead to some people experiencing economic hardship.

Yes. The jobs market is very tight right now. At least, in the US. My friends were having a hard time finding a new job there. It's almost impossible to get accepted these days because of the worsening economic situation. People are holding onto their jobs, while employers are getting too picky when choosing someone to fill a vacant position.

A completely different picture of what mainstream governments are "painting". They say inflation is going down or is being put under control, but what's happening is all of the contrary. We can blame rising geopolitical tensions for this. If we had peace, things would've been different now. It's going to take a very long time before the economy recovers. With CBDCs on the brink of launch, we should only expect the worse.

[FanEagle]

Another perspective to look at this would be the improvements on life quality as well. Sure, we are not living an amazing life compared to what is available, but we are living a better life compared to what people back in history lived. The quality of life is much better than 99% of the Kings that lived in history, I can live such a good life, and I have better medical care than almost every ruler in the world who ever lived, aside from the current ones, even as recently as 40-50 years ago, no president/king/ruler ever had medical care that I can afford right now.

All the entertainment, all the things I can do, even the food is better. But, what makes us sad is that there is even more than what we can afford, even better life. So we are sad while living better than kings, because there are people who live better than us too.

[WillyAp]

In those countries where you have expenses which you cannot control, like insurance, taxes and the need to pay those, well Inflation is way higher.
Food is more expensive globally, those who clap for the hooties' actions should think a little about it, as those actions raised the cost of living for those countries relying on imports.

You live in a city where you cannot grow that much.

[shinratensei_]

Another perspective to look at this would be the improvements on life quality as well. Sure, we are not living an amazing life compared to what is available, but we are living a better life compared to what people back in history lived. The quality of life is much better than 99% of the Kings that lived in history, I can live such a good life, and I have better medical care than almost every ruler in the world who ever lived, aside from the current ones, even as recently as 40-50 years ago, no president/king/ruler ever had medical care that I can afford right now.

All the entertainment, all the things I can do, even the food is better. But, what makes us sad is that there is even more than what we can afford, even better life. So we are sad while living better than kings, because there are people who live better than us too.

agreed with this people overlook too much on these things due to being too focused on inflation.
most of average people nowaday have access to various thing that even people in the early of 2000s don't really have.
like all you mentioned, healthcare right now more accessible than ever also technologically speaking we are more advanced, the rate of people surviving serious disease is increasing.
so its not really a bad condition overall, i mean some sector indeed fall short like the scarcity of lands in the city, that i could agree on.
but overall, if we see from the bigger picture its a better condition overall.
but it all come with the prerequisites that you should at least be in the middle income bracket to actually get some benefits.

[slapper]

I think it's a matter of supply and demand. Five years ago, your colleague's skills may have been highly sought after, with low supply and high demand, leading to higher salaries. But now, the supply of people with those skills is higher, while demand may be lower or stagnant. This gives companies more options, so they can lower salaries and easily replace employees who don't agree.

To stay competitive, we need to constantly improve our skills and perhaps take on more responsibilities to become indispensable to our employers. Additionally, diversifying our income sources can help. The resources are limited, but the number of people entering the job market keeps growing each year. This increases competition and can lead to some people experiencing economic hardship.

Yes. The jobs market is very tight right now. At least, in the US. My friends were having a hard time finding a new job there. It's almost impossible to get accepted these days because of the worsening economic situation. People are holding onto their jobs, while employers are getting too picky when choosing someone to fill a vacant position.

A completely different picture of what mainstream governments are "painting". They say inflation is going down or is being put under control, but what's happening is all of the contrary. We can blame rising geopolitical tensions for this. If we had peace, things would've been different now. It's going to take a very long time before the economy recovers. With CBDCs on the brink of launch, we should only expect the worse.

Not just "tight," it's a massacre out there. Companies are savoring the best as we scrape by. The government may say inflation is under control, but that's BS. Inflation makes your currency worthless, jobs are disappearing faster than a desert puddle, and despair is growing faster than the national debt

Don't even mention CBDCs. They're calling it "convenience" and "security," but it's a power grab. They want to follow every dime you spend, every move you make, and govern your finances with a button. Making it simpler for them to control us, not better for you and me. What does this mean for you? You must be smarter, tougher, and more resilient than before. It requires fighting for every chance, advantage, and inch of terrain. It won't be easy, but nothing worthwhile is

[rhodelmabanal]

One of my colleagues told me that his salary is lower now than it was five years ago. Sadly, the price of goods is rising.

In my country the salary is rising but a very small rise and still not enough because the basic necessities or goods are rising very bad it rises almost 75% of its normal price, the economy is i think declining and lost its balance high inflation kill the poor and the people who are in the middle status has severely affected, i hope the government will make a solution for this and increase the minimum salary to make it enough to buy the daily needs and pay daily expenses.

[Natalim]

One of my colleagues told me that his salary is lower now than it was five years ago. Sadly, the price of goods is rising.

I don’t believe that an employee’s salary may decrease but it’s more on the rate will increase especially if you are doing excellent in your job title. Maybe you are trying to say that his salary now is likely struggling to cover all the bills and expenses due to rising prices of goods and services which I think is understandable due to rising inflation. Well, your friend is not alone, as I bet everyone here has experienced that. Having a side job is the key so that if your main job salary is not enough, you still have another job that you’ll expect to pay you.

[bestcoins1]

In those countries where you have expenses which you cannot control, like insurance, taxes and the need to pay those, well Inflation is way higher.
Food is more expensive globally, those who clap for the hooties' actions should think a little about it, as those actions raised the cost of living for those countries relying on imports.

If someone lives in a country where expenditure is much higher than several other countries in the world, of course it will be quite difficult for him to fight inflation if his income in life is still quite small and unable to cover all the expenses he needs each month. And the only way to fight this is to find a way to increase his own income to a greater level so that the difficulties he faces can be slightly reduced by the burden he is carrying. Although in general this is still not enough if a person's income level is still not stable every month.

[livingfree]

I don’t believe that an employee’s salary may decrease but it’s more on the rate will increase especially if you are doing excellent in your job title. Maybe you are trying to say that his salary now is likely struggling to cover all the bills and expenses due to rising prices of goods and services which I think is understandable due to rising inflation. Well, your friend is not alone, as I bet everyone here has experienced that. Having a side job is the key so that if your main job salary is not enough, you still have another job that you’ll expect to pay you.

That's what he trying to say. The value of the salary now has gotten lower and the only way to deal with the rising cost of prices of bills and food expenses is to have an increase salary and at the same time, having another source of income.

But if you're not believing about salary decreasing, this can happen for someone who's in a bad position where their department is going to get dissolved and the company no longer need that employee.

However, as to keep that employee, they can offer other positions but with lower salary so, it's possible.

[iamsange]

One of my colleagues told me that his salary is lower now than it was five years ago. Sadly, the price of goods is rising.

In my country the salary is rising but a very small rise and still not enough because the basic necessities or goods are rising very bad it rises almost 75% of its normal price, the economy is i think declining and lost its balance high inflation kill the poor and the people who are in the middle status has severely affected, i hope the government will make a solution for this and increase the minimum salary to make it enough to buy the daily needs and pay daily expenses.

It is very unfortunate that this phenomenon continues to occur in this country, where previously middle class people were still free to save or carry out insurance for their families, now with inflation, the increase in basic commodities means that middle class people cannot be like before, I can't think about it in the next few years, Let's just see how the government of this country regulates its society so that everyone can still enjoy the pleasures of this beloved country.

Now it is not only the lower middle class who are affected by this inflation, it is the middle class who feel the impact of all of this, because the poor of course have received assistance from the government and the middle class have to struggle alone to face a complicated situation like this.

[poodle63]

One of my colleagues told me that his salary is lower now than it was five years ago. Sadly, the price of goods is rising.

In my country the salary is rising but a very small rise and still not enough because the basic necessities or goods are rising very bad it rises almost 75% of its normal price, the economy is i think declining and lost its balance high inflation kill the poor and the people who are in the middle status has severely affected, i hope the government will make a solution for this and increase the minimum salary to make it enough to buy the daily needs and pay daily expenses.

even increasing minimum salary is not really a solution to be honest, once government increases the salary by significant amount the price went up, inflation uncontrolled.
the best way is just to make quantity of commodities and food increases more than right now.
thats the difficult thing since doing that means more investment to the various sector that gonna requires massive resources.
regardless I agree that current salary increase just too small compared to inflation this causes purchasing power to plummet significantly.
if this goes on, people will eventually find themselves in situation where they could hardly afford monthly needs with current salary.

[Abiky]

Not just "tight," it's a massacre out there. Companies are savoring the best as we scrape by. The government may say inflation is under control, but that's BS. Inflation makes your currency worthless, jobs are disappearing faster than a desert puddle, and despair is growing faster than the national debt

Don't even mention CBDCs. They're calling it "convenience" and "security," but it's a power grab. They want to follow every dime you spend, every move you make, and govern your finances with a button. Making it simpler for them to control us, not better for you and me. What does this mean for you? You must be smarter, tougher, and more resilient than before. It requires fighting for every chance, advantage, and inch of terrain. It won't be easy, but nothing worthwhile is

Exactly. The current state of the labor market, tells us how bad the situation is. Politicians and bankers will lie just to help ease off panic. But smart people know what's coming. I think this is all a plan for global reset. CBDCs will increase central banks' (and governments') power like never before. With that, they'll be able to control your entire financial life.

Paper money will be phased out whenever we like it or not. The economy will be "restored" until another "planned" crisis comes up again. I would've wished Bitcoin ruled the world. But I guess it's too late. We're living in uncertainty these days. Therefore, we can only hope for the best.

[Mr. Magkaisa]

One of my colleagues told me that his salary is lower now than it was five years ago. Sadly, the price of goods is rising.

       -   The price of goods will not change; it will increase even more in the future, and I think that all countries are going through such a crisis in goods. Because here in our country,
there are no cheap commodities that can be bought; instead, everything is really high-priced. 

So, the only thing we can do as consumers is increase the source of income we have right now. Let's not expect the goods that we mainly use in our daily lives to decrease.
And we knew the reason behind this price increased, at should do something about this for us to more creative to find other source of earnings.

[Casdinyard]

One of my colleagues told me that his salary is lower now than it was five years ago. Sadly, the price of goods is rising.

You tell me about it bro.

One of the biggest determining factors whether a country's economy is failing or not is its ability to sustain micro-businesses and enterprises, in the country I live in (the Philippines), there used to be a lot of micro-retail stores (we call them sari-sari stores here which in English translates to variety stores due to the sheer amount of products they have and how accessible you can buy shit with just a single peso) but nowadays the only ones that remain up and running are those that have already established themselves in the community, enough to gain patrons, and even then I see that most of them have fallen short on the variety part of the equation, and are just selling the same old shit, sometimes even less than what they used to buy.

This isn't even the biggest determining factor of a declining economy even, salaries, high price of goods, the diaper and pizza theory, there's a plethora of standards out there that people used to check whether their economies are fucked over or not.

[alani123]

It's certainly a feeling you get when you realize how many bullshit jobs there are in the msrket, while in the same time the most listings on job sites are ghost listings... They just take your resume and never respond. Making you wonder why the listing existed in the first place.

Certainly democrats use that kind of in their advantage to say th y created jobs while in reality there's little to none of quality employment being created. It almost feels like in the slightest shakeup of the market millions of people will be let go. And on the other hand, companies don't care anymore. They conduct commerce among themselves. They don't mind if they let go of millions of consumers and they find themselves in ruin as individuals. Big corporations have already accumulated so much of the world's capital that they could be running on their cash reserves alone without any income for years and yet they keep cutting employment... It's a crazy market to be in.

[VanKushFamily.com]

There is like a US Congressperson from the Islands, and She was getting some Attention for Pretending that Rape is not Rape, so She Rode that Wave, and we could say that Others were kind of being Pushed into it at the same Time, it is kind of like they were doing Things like the Israelis who Survived Hamas on October 7th were calling "Choiceless Choices", so we maybe can't put all the Blame on her, she is just at the Center.

She was getting involved in Cryptocurrency at the same Time She was getting Attention, and She wanted to kind of use the Rape as a kind of "Sexy" aspect, like "People can Rape Women on the Islands", and She became involved in the Miami and El Salvador Bitcoin Conference.

And when this Happened, it is not her Fault, but at that Time, this kind of Scum Bag behavior, where You can't Trust someone alone in a Room with Your Wife, it Destroyed Cryptocurrency. All the Rape stuff completely Disillusioned Everyone, and the Disillusionment was away from Cryptocurrency, it become kind of something that was not Secure enough. And at the same Time Billionaires were taking out Loans to Buy Bitcoin, saying "If You don't have Good Credit, You are Shit out of Luck", and all at once, Bitcoin Dropped to $20,000 and They were the ones who were Shit out of Luck. They Learned that Cryptocurrency has nothing to do with Credit Scores, and they Learned that being a Meth Dealer is not Good for Business.

Some People didn't Learn. But in the Moment, a lot of People Learned a Hard Lesson.

El Salvador has since gotten VERY SERIOUS about Crime. They Learned.

But Bitcoin Dropped to $20,000 before Everyone Learned.

And that is why the Economy is Faltering.

Bitcoin is back above $50,000 but the Economy has not Corrected yet because of the COVID Money Inflation.

[Dunamisx]

I will not say that the global economy is declining because we are having a continuous flow of developments everywhere and there is improved innovations in technology inventions, all these are what we should be considering to know whether we are having a continuous economic development or not, what i can only deduce is the increased rate of inflation instead which is what is affecting every local economy activities and individuals.

[Moeda]

One of my colleagues told me that his salary is lower now than it was five years ago. Sadly, the price of goods is rising.

The salary is not lower than five years ago, maybe it could increase from before. The problem now is not the salary, but the price of basic commodities which has increased beyond the salary he receives. Previously, a $1k salary might have been enough to save some money, but now it's not even sufficient to buy basic necessities.

This condition can be caused by war in an area. However, this does not entirely happen because of war, but corruption within the country can also cause crises and other problems, namely the high debt of a country. To find solutions to all these problems, the country needs to increase prices of basic commodities, increase taxes, and so on.

But the government will not convey the full reasons for the increase in prices of basic commodities and the increase in tax value. The government will argue on one side, namely war. So that people can accept this reality easily.

[Abiky]

It's certainly a feeling you get when you realize how many bullshit jobs there are in the msrket, while in the same time the most listings on job sites are ghost listings... They just take your resume and never respond. Making you wonder why the listing existed in the first place.

Certainly democrats use that kind of in their advantage to say th y created jobs while in reality there's little to none of quality employment being created. It almost feels like in the slightest shakeup of the market millions of people will be let go. And on the other hand, companies don't care anymore. They conduct commerce among themselves. They don't mind if they let go of millions of consumers and they find themselves in ruin as individuals. Big corporations have already accumulated so much of the world's capital that they could be running on their cash reserves alone without any income for years and yet they keep cutting employment... It's a crazy market to be in.

Exactly. And now companies are threatening to use AI to displace workers from their jobs. They will be the ones that will ultimately benefit from such a move, while the rest will live their miserable lives in poverty. Talk about the rich becoming richer, and the poor, poorer.

Even Elon Musk predicted that AI will replace human jobs in the future. There will literally be no economy if something like this happens. With CBDCs right around the corner, we should expect the worst. May God help us all.

[siniminomorocomunisakito]

One of my colleagues told me that his salary is lower now than it was five years ago. Sadly, the price of goods is rising.

I think for the salary as long as we work, the amount increases, only the value continues to shrink when we spend on daily necessities. Now it is normal for the lower middle class to spend one month at least if alone it is $ 300 and if you have a family it can reach $ 600-700 and that figure is the exchange rate in my country and has my own house

For other countries, of course, it is also different, there will be many needs that may be far different from where I live.