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Author Topic: Countries with economy power controls the world.  (Read 302 times)
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April 23, 2024, 11:52:40 AM
 #41

When a countries economy is strong it makes the country powerful, countries with low economy always find themselves borrowing from countries with stronger economy and there by making such country or nation subject to the nation with stronger economy.
Those countries with strong economy controls the world's political and religion system.
In other for a country to grow in all area's, it's major focus should be growing her economy, when this is achieved then that nation will become one of the most powerful nations in the world.
United States, China, Russia and Germany. This aforementioned nation's are seen as the most powerful nations of the world they all have a strong economy, strong economy is the beginning of a powerful nation.
Yeah actually it's very true because economy of a country is dependent on all the developments and projects that are taking place within the country. Now the ultimate impact of these projects are on the economy of that particular country.

That why it's always prioritised to see the economy of the country and predict the current development stage of the country. If you have a strong economic growth then all other major sectors would surely have been working well.

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April 23, 2024, 12:57:56 PM
 #42

It could be that what you say is true, of course they will borrow money from a country with a stronger economy, of course taking into account all the overall factors of the weak country, to obey a large country as a whole is impossible, there must be limits that must be taken into account by every leader, there is definitely a win win solution.

In my opinion, controlling the entire political system of a country is impossible. Of course, the statesman leader of a country certainly has any sovereignty, whether economic or other, no one can interfere in it.

To become a growing economy in all fields, in my opinion, a country's system must be well synchronized and firm in everything, whether legal or other. If the leader of a country has led well, but the laws in his country are not strict, such as corruption is not enforced as it should be, only in prison for around 10 years, this can still be reduced with remission from the government. In my opinion, if corruption is not punished by death, the country will not progress forever, It was only undermined by officials who were greedy in collecting money, who, as in the initial campaign, had already spent a lot of money.


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April 23, 2024, 01:37:38 PM
 #43

If the economy is good then the developed economies of the world can help the weak economies to improve. But currently the countries are full of corruption, if corruption is not prevented, economic development is not possible. There is no doubt that corruption is one of the major obstacles to economic development. Because corruption reduces domestic investment discourages foreign investment increases government spending and encourages the shift of government spending from important areas such as education health and infrastructure development to less important projects that can be easily corrupted. That is why desired economic development is almost impossible without prevention and control of corruption.

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April 23, 2024, 06:50:22 PM
 #44

Borrowing doesn't necessarily mean that a country is weak or powerless. I think for a country to grow into a strong economy, we need to develop ourselves.

 In place of oil and gas renovation, which we basically export to other countries to refine and to be brought back for us to consume, I think if we bring in this idea of refining it all in the country and selling it back to other countries, it will boost our economy and make a strong economy too.

The country can employ the producers or make a decision that involves those producers bringing their tools to the country and producing these goods now.
In the aspect of borrowing, as a businessperson, you most often run into or sometimes run into debt. This is only to acquire more goods for your business to make more profit because the more finance you put into a business,the more you make profit. Lots of these mentioned countries are in different debt but still have a strong economy because they have sources bringing in income. So let's not limit ourselves to the little we get. Let's develop our country now. 
Yes. It is a kind of strategy and apart from what you said, I heard before that it's also a way to take advantage of the inflation. You can't go strong if you can't develop your selves. Oil and gas are a popular resource of some country that is an export quality or can be imported by the other who doesn't have it. Yes this is one of the ways for a country to grow.

Apart from earning more, putting more money is also risky and devastating once we are unlucky. So, sometimes it's better to risk only what we can afford to lose and use only our own money so that we will have a better peace of mind and it can help us to think better that can help our business succeed.

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April 23, 2024, 09:09:46 PM
Merited by Moreno233 (2)
 #45

It normal for this to happen naturally because I believe that if a country has nothing to offer they become a victim to degradation, foreign debts occurs when a country borrows or invite foreign companies for construction purposes and those foreign construction firms request to be paid in foreign currency in duration of some years intervals, United state is one the world power so ordinarily we should expect them to possess much power economically, they have high production capacity and many nations indirectly depends on them, when there is war in most countries US is always involved because they are world power and they needed in one-way or the other to make peace, in terms of donations to some poor nations united state and many developed and rich nations help too, if you make your research you will understand that Some nations like United States of America has oil reserve but they prefer buying from other countries thats to tell you how rich amd superior tbey are in the world economy.

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April 23, 2024, 09:13:11 PM
 #46

When a countries economy is strong it makes the country powerful, countries with low economy always find themselves borrowing from countries with stronger economy and there by making such country or nation subject to the nation with stronger economy.
Those countries with strong economy controls the world's political and religion system.
In other for a country to grow in all area's, it's major focus should be growing her economy, when this is achieved then that nation will become one of the most powerful nations in the world.
United States, China, Russia and Germany. This aforementioned nation's are seen as the most powerful nations of the world they all have a strong economy, strong economy is the beginning of a powerful nation.
when we say that a country economy is strong that means that there is no inflation of commodity in that country and the manage the economy of the country based on their resources some countries that have a relation today when looking at it very well you will notice that such country have borrowed money from somewhere else so the downfall of a nation based on the management of the economy and any country that is good and the worthy to emulate that country economy is very right or good from my own perspective, lacks of economic experience brings the country downfall

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April 24, 2024, 09:21:29 PM
 #47

Money buys everything and when you have money, it's easier to generate more money. It's not that US doesn't have money so they took a debt or US don't have the capacity to pay off the date. They just choose not to. They can pay it in a few years but choose not to because that money is generating more money than the interest they are paying it on.
Money do make nations powerful but their are several more factors like Geography, Population and Size. Luxembourg may be richest country in the world but don't have the a larger power projection.
I am in support of your statement because all the power we are looking for is in money so when you have money you can with the stand other things that is involved in money so therefore I believe that we should do know very well that country economy is being determined by the governing council of that country and when you have money or you are self employed person there's nothing that happened in your country that we affect you based on inflation so economy of a country can only affect people that it depend on the country economy if you are self-employed I don't think that you have more issue towards economy of a country

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April 25, 2024, 07:41:05 PM
 #48

If the economy is good then the developed economies of the world can help the weak economies to improve. But currently the countries are full of corruption, if corruption is not prevented, economic development is not possible. There is no doubt that corruption is one of the major obstacles to economic development. Because corruption reduces domestic investment discourages foreign investment increases government spending and encourages the shift of government spending from important areas such as education health and infrastructure development to less important projects that can be easily corrupted. That is why desired economic development is almost impossible without prevention and control of corruption.
  of course money gives power, authority in fact, when the money speaks, the law is blind. So it's rightly said, when you mentioned countries with significant economic development can help the other ones with weak economy when there's no much corruption in the land.
But in a situation where corruption has taken over the justice of the citizens, the next thing they will expect is economic weakness.
This is because even the leaders that would think of good innovations which would bring about the betterment of the citizens, will rather think of how they will full their pockets and enrich their family in a corrupt manner. All of which in turn bring about down fall to the national economy.

It could be that what you say is true, of course they will borrow money from a country with a stronger economy, of course taking into account all the overall factors of the weak country, to obey a large country as a whole is impossible, there must be limits that must be taken into account by every leader, there is definitely a win win solution.

In my opinion, controlling the entire political system of a country is impossible. Of course, the statesman leader of a country certainly has any sovereignty, whether economic or other, no one can interfere in it.

To become a growing economy in all fields, in my opinion, a country's system must be well synchronized and firm in everything, whether legal or other. If the leader of a country has led well, but the laws in his country are not strict, such as corruption is not enforced as it should be, only in prison for around 10 years, this can still be reduced with remission from the government. In my opinion, if corruption is not punished by death, the country will not progress forever, It was only undermined by officials who were greedy in collecting money, who, as in the initial campaign, had already spent a lot of money.


I don't think a particular country can be recognized and seen with it's reputation if it lacks it economic development.
 How do you expect others to respect you when you don't have the means?
How can you control others when you don't have the remote control in your hand?
How do you want to be respected when you don't respect yourself?
All is impossible, especially nowadays when the talks of the day is Money. Money speaks for those that can not speak. Even the developed nations today are considered  been developed because of their economic standard.  If for example, economy of the countries like china, India and united state of America falls and get weak today, they will definitely loose their power.
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April 25, 2024, 08:14:55 PM
 #49

If the economy is good then the developed economies of the world can help the weak economies to improve. But currently the countries are full of corruption, if corruption is not prevented, economic development is not possible. There is no doubt that corruption is one of the major obstacles to economic development. Because corruption reduces domestic investment discourages foreign investment increases government spending and encourages the shift of government spending from important areas such as education health and infrastructure development to less important projects that can be easily corrupted. That is why desired economic development is almost impossible without prevention and control of corruption.
Corruptions and bad management of fund has always been the problem of a country having good development and a better economy. Most developing countries struggling to make their economy, it is not that they do not have good resources for better economy it is because of poor management and corruption.  For a country to make economy better their is a need for corruption to be eliminated first. If their is nothing that can be done about corruption that means it is impossible for the country to get better.

Corruption makes a country to be weak , but when a country is able to get over corruption it makes the country to be more powerful.  When you see a country that the level of corruption is very low or no corruption you will see leaders that are ready to work and make things better for the country.

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April 25, 2024, 08:19:31 PM
 #50

There is no country that was not gifted with natural resources, traditional practices and talent that they could use to grow their economy. What makes a country subject to other countries is when they fail to manage their resources wisely. Some countries are blessed with crude oil, palm fruits and nits, gold silver.

All these things can be exchange within countries to support their country. Yet some countries are too weak to grow or produces most of the resources they have which they can exchange to other countries for money. They prefer borrowing and expect to pay back, which is quite a bad idea, because it will take so long to pay back.
On a contrary, not all countries are blessed with as much natural resources as some, but they had to create a tradeable product that is a major source of income and many also tax their citizens as well earn from tourism.

Many of these great countries mentioned have had several years of war and peace inorder to know what they need to focus on to thrive as a country. You would also concur that many countries now introduce cryptocurrency to their economy so that there's a free flow of funds and thats how the economy gets better and more initiatives are welcomed.

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