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Author Topic: Good times are over and money is finished everybody can feel that and see  (Read 465 times)
Squaremile777 (OP)
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November 01, 2024, 02:35:37 PM
 #1

Yes good times are over and goverments need tighten their budget.
It seems like world moving towards new feodalism where in many countries goverment don't have money to support anything.
So it will create wealth gap and If world start to divided: rich or poor no middle-class then If you have 100,000$ your bank account then you fall into poor category likely.
World moving in situation when poor cant enjoy many things including quality medical service or even security since goverments need to tighten their budget.
World will turn more like los Angeles kind of place where there is Beverly Hills and other areas where there is enough police rescue and medical service for richer areas.
Off course that alone will create unrests of society because many people feel that's not fair as middleclass will likely fall into poor class.
Europe have off course problem they commodities food and better resources cheaper way and more effient yes there is a lot money in europe Banks like UBS but money alone is nothing just causing the inflation If there is no sustaineble sectors involved.
If we continue this way then yes we will have rich and poor no more middleclass.
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November 01, 2024, 02:48:24 PM
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 #2

That's really a problem, but don't worry, Elon Must will save us...


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DeathAngel
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November 01, 2024, 02:58:20 PM
 #3

The good times are not over, we may be in a cost of living crisis but there are always opportunities. You can always better yourself, there is money to be made. Don’t take failure for an answer, strive to achieve.
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November 01, 2024, 03:00:58 PM
 #4

The rich, the poor, and the middle class categorising wealth acquisition is just some unnecessary thing, if you ask me. If someone can be able to foot their bills and provide for their needs at all times (luxury excluded), then the person is not poor; he or she is rich instead and comfortable. Instead, those who struggle to feed are the only people to be called the poor. 
 
No doubt the government needs to put more effort into working on making provision for the basic needs of society, as that's their duty and the reason why tax is paid, but our hope shouldn't be entirely on them. That's why there is room for private enterprises in all sectors.

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November 01, 2024, 03:13:00 PM
 #5

Indeed inflations of today's are very much effective on the average and lesser earners. The multiplication of the cost of expenditures has made the less rich privilege people to afford comfortable.
Yes I said comfortable and not quality life because to some points the poors are chasing live on prior of just to afford foods, shelter and medics to live healthy but yet are struggling to get them.
Meanwhile they've been submitted so vulnerable to risk measures where the government doesn't regard their welfare but are more concerned of the riches welfare.
It has gotten to the point where the government threats the masses based on the rate of their taxes and if you don't remit to the government then you live commonly like you don't exist.

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November 01, 2024, 03:17:16 PM
 #6

in good time prepare for bad times.
Only that mind set prevails.

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November 01, 2024, 03:31:39 PM
 #7

The good times are not over, we may be in a cost of living crisis but there are always opportunities. You can always better yourself, there is money to be made. Don’t take failure for an answer, strive to achieve.
There is bound to be crises from time to time in a system where humans are in charge. There'll be crisis in the political sector, , educational sector e.t.c if not properly managed. These phases will come and go. We just have to maintain positivity and the right mindset to help our country thrive.

The good times are not over. Better days are ahead of us. We just need to keep improving ourselves, our skills, and our work. Learn to manage what you have and budget properly. In whatever way you can, support your country and your neighbor; that's fine too.

So, I wouldn't advise speaking negatively about the economy or when things aren't going well. We're supposed to maintain a positive mindset at all times.

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November 01, 2024, 04:01:26 PM
 #8

The good times are not over, we may be in a cost of living crisis but there are always opportunities. You can always better yourself, there is money to be made. Don’t take failure for an answer, strive to achieve.
Life is a rollercoaster. It is not always bad times but it is not also always good times.

Just like in holding crypto, when the market is down you need to decide on what path will lead you to a safer, more beneficial future. Will you hold and fight the fud or sell? And if the market is on the rise, you need to find the right time to sell and make sure you have maximized profits. In life, you just need to find ways to make your life better. Don’t just give up because good times will come. And when good times come, you should still strive to be better and make the best possible decisions.
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November 01, 2024, 07:46:21 PM
 #9

Yes good times are over and goverments need tighten their budget.
It seems like world moving towards new feodalism where in many countries goverment don't have money to support anything.
So it will create wealth gap and If world start to divided: rich or poor no middle-class then If you have 100,000$ your bank account then you fall into poor category likely.
World moving in situation when poor cant enjoy many things including quality medical service or even security since goverments need to tighten their budget.
World will turn more like los Angeles kind of place where there is Beverly Hills and other areas where there is enough police rescue and medical service for richer areas.
Off course that alone will create unrests of society because many people feel that's not fair as middleclass will likely fall into poor class.
Europe have off course problem they commodities food and better resources cheaper way and more effient yes there is a lot money in europe Banks like UBS but money alone is nothing just causing the inflation If there is no sustaineble sectors involved.
If we continue this way then yes we will have rich and poor no more middleclass.
Hmm so you think if governments will run out of making money the world will collapse? So you say my country spending money on unnecessary things is just a waste of time as they should save money for times like these when none of the other countries will have no money. You realize this world has adopted the currency and money system into consideration as before it the world and people in it still exists. They make trades with each other in exchange of their services and items.

No matter what but due to money problem there is no possible way come to my mind of why world will collapse and the people will become poor and rich will also become poor. It's just there was time when $500 was enough of for month and now its not enough for few weeks, the increasin inflation is bad and that needed to be controlled or we can got to mars as Sanitough haha.

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November 01, 2024, 08:08:48 PM
 #10

Yes good times are over and goverments need tighten their budget.
It seems like world moving towards new feodalism where in many countries goverment don't have money to support anything.
So it will create wealth gap and If world start to divided: rich or poor no middle-class then If you have 100,000$ your bank account then you fall into poor category likely.
World moving in situation when poor cant enjoy many things including quality medical service or even security since goverments need to tighten their budget.
World will turn more like los Angeles kind of place where there is Beverly Hills and other areas where there is enough police rescue and medical service for richer areas.
Off course that alone will create unrests of society because many people feel that's not fair as middleclass will likely fall into poor class.
We generally classify three categories depending on the amount of money and income. Rich, poor and middle class In this case, there will be no category of middle class, it is undoubtedly false because there will be category but the ability to take benefits based on category may decrease day by day. The rich will enjoy modern healthcare and standard of living day by day as their income is endless and they can undoubtedly accumulate the amount of money they need to live a luxurious life. As a result, they are continuing their lifestyle in harmony with the world. The middle class people are getting to a stage day by day that they are not getting the same benefits as the upper class people and are not able to live like the lower class people. So it is very difficult for the middle class people to match the rhythm for now. Lower class people are struggling to earn three meals a day but how can they survive and get better medical care. Actually all the three classes will be fine but basically the rich will have endless opportunities but the poor or middle class will have a lot of competition and challenging to provide all these opportunities.
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November 02, 2024, 10:21:27 PM
 #11

Yes good times are over and goverments need tighten their budget.
It seems like world moving towards new feodalism where in many countries goverment don't have money to support anything.
So it will create wealth gap and If world start to divided: rich or poor no middle-class then If you have 100,000$ your bank account then you fall into poor category likely.
World moving in situation when poor cant enjoy many things including quality medical service or even security since goverments need to tighten their budget.
World will turn more like los Angeles kind of place where there is Beverly Hills and other areas where there is enough police rescue and medical service for richer areas.
Off course that alone will create unrests of society because many people feel that's not fair as middleclass will likely fall into poor class.
Europe have off course problem they commodities food and better resources cheaper way and more effient yes there is a lot money in europe Banks like UBS but money alone is nothing just causing the inflation If there is no sustaineble sectors involved.
If we continue this way then yes we will have rich and poor no more middleclass.

We are living in one of the most prosperous periods ever in history, the same would be true even if we started to fall into a recession tomorrow. Everyone should expect boom and bust in the economy, but right now in most countries we are still living in the good times and while there could be many triggers that change that, none seem to be happening right now. In fact we have interest rates starting to fall which will free up extra cash for a lot of people, which should give the wider economy a boost as it turns into increased consumer spending power. America has always had a trouble relationship with it's medical sector and emergency services, but that is not related to the current economic state.

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November 02, 2024, 10:32:49 PM
 #12

Tough times never last but tough people do.
Tough times creates tough people, tough people creates easy times, easy times creates weak men. Weak men creates tough times.  This is just how the cycle of life keep going.
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November 02, 2024, 11:58:59 PM
 #13

Quote
goverments need tighten their budget.
It seems like world moving towards new feodalism where in many countries goverment don't have money to support anything.

If governments were the beginning and end of a countries prospects I would tend to agree, luckily its not even close to a good description of a country.  A government can fall yet the people remain and they are 99% of what a country stands for not the politics and other nonsense which grows without stop to consume everything in sight.

  Its almost a positive if government is contrained like you describe because we can hope they overstep so much they might cease, desist then even decease with their persistant failings in a country.   Not always but sometimes it can be an ironic positive if a government does stop even if it must fall to do so; this why we hope to keep democracy because it so often throws out the old and at least attempts to begin something better.

 
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November 03, 2024, 01:09:23 AM
 #14

That's really a problem, but don't worry, Elon Must will save us...


Elon Musk's New Plan: Send 1 Million People to Mars

If Earth’s resources are running out because of greedy corrupt officials and business-minded people who want the best of everything for themselves, then it seems we’re left with no choice but to leave Earth and put our trust in Elon Musk to lead the way.
This is actually the most dangerous outcome of a failed and weak society delivered by our current politicians and leaders: an orphan world which wasn't taught ethics and moral values, because it was said to it everything is relative, and depends on your point of view. So this orphan is going to deposit all his hopes on a new idol or savior, expecting he is going to be the solution for all the problems. Following the analogy of the feudal system, Elon Musk has potential to be one of the kings of the world which is to come.

However, a king along the lines of the leaders from dystopian societies we have been watching on the movies of previous decades. A wealthy leader which has as his main trait to have money, as if it was enough to edify society in better ways.

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November 03, 2024, 05:12:53 AM
Last edit: November 03, 2024, 06:15:03 AM by Oluwa-btc
 #15

We are living in one of the most prosperous periods ever in history, the same would be true even if we started to fall into a recession tomorrow. Everyone should expect boom and bust in the economy, but right now in most countries we are still living in the good times and while there could be many triggers that change that, none seem to be happening right now. In fact we have interest rates starting to fall which will free up extra cash for a lot of people, which should give the wider economy a boost as it turns into increased consumer spending power. America has always had a trouble relationship with it's medical sector and emergency services, but that is not related to the current economic state.

The good times are never over,there is always another chance to implement and create chances that'll improve the state of living for you.
The good times are also learning and harvesting periods.Normally, you're not meant to be comfortable with any Situations that doesn't correspond to your desires,but life gets easier when you learn how to equip and boost yourself for opportunities that'll Will not just work for you but also initiate and create room for improvements.

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November 03, 2024, 06:27:27 AM
 #16

Hmm so you think if governments will run out of making money the world will collapse? So you say my country spending money on unnecessary things is just a waste of time as they should save money for times like these when none of the other countries will have no money. You realize this world has adopted the currency and money system into consideration as before it the world and people in it still exists. They make trades with each other in exchange of their services and items.
Yeah money is just a concept. It is a paper. Without it, we can still trade and bargain. However it will definitely be chaotic. We won’t have an official standard of value which can make trading inconsistent and unpredictable. Economy will definitely crash but it will not be the end of the world. New system will be most likely built. Just like now paper money was created before. This time, there will be an alternative way to standardized value.


Meanwhile, Those who own properties that could be valuable in times like this would be the most at advantage. Since they will basically hold the power in their hands.

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November 03, 2024, 06:35:06 AM
 #17

Good time and money are not things that end. You will make good times and the government will make money. We are poor even though we have enough money. What is the reason for this? As a reason for this we can say that we do not have enough money according to Yuga. Imagine, what you could buy for $100 in 2001, you can't buy for $200 now. That is, $200 lost to the old $100. $100 in 2001 was enough money for us, but even though we have twice as much money today, we cannot call this money enough. The reason for this is inflation. Inflation causes the price of the same product to rise over time.

As the price of the commodity rises, our income is supposed to increase, but due to the mismatch between market price and income, a commodity becomes out of reach for the poor. The reason for this is defaulted loans. Due to these defaulted loans, the rich get richer and the poor get poorer. When someone struggles to meet basic needs (food, clothing, shelter, education and medical care) or struggles to meet basic needs, we can call it bad times and bad economic system. The government has a critical responsibility to ensure these basic needs and we can help in the private sector. We can say that the good times and money for the poor are over or going.











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November 03, 2024, 07:47:18 AM
 #18

I've been saying the same thing since 2011. It felt like we were on the brink of some kind of worldwide collapse. A lot of rallies, protests and clamor for revolution. However, not much has actually changed since then. The US has just fallen into a ludicrous level of debt, yet the dollar continues to defy all odds and grow stronger.

Main point being, you can't time downfalls of empires or societal collapse. So just enjoy things as they are now and don't let these kinds of fears affect your life plan.

 
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November 03, 2024, 08:13:35 AM
 #19

I'm not really sure what he meant that good times are over, when the pandemic came, everyone was afraid because we really don't know what's coming. But still we survived, so are there anything that really makes us vulnerable?

As for the gap between the rich and poor, yeah, but it's only been with us for centuries, and I don't know how it is going to affect us when everyone might have accepted that fact or we really work our way out of it. Meaning, we strived to get out of being poor or at least be in the middle of it.

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November 03, 2024, 08:59:30 AM
 #20

That's really a problem, but don't worry, Elon Must will save us...


Elon Musk's New Plan: Send 1 Million People to Mars

If Earth’s resources are running out because of greedy corrupt officials and business-minded people who want the best of everything for themselves, then it seems we’re left with no choice but to leave Earth and put our trust in Elon Musk to lead the way.
Like you mean you want to go to Mars after the government is able to fight each other leaving dead bodies everywhere, then run to Mars? This is not possible and we should understand that since Elon Musk has been claiming of taking us to Mars, we have not heard any interesting news about people that are able to survive on Mars. I don't think Mars is habitable and we shouldn't delude ourselves that destroying the Earth is a good option for us so we have run to Mars. The question is that, does Mars has enough resources to keep us alive if we eventually move there? The government has to do what they ought to do rather than trying to follow the trend of going to Mars.

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