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Author Topic: The economy is not hard  (Read 1729 times)
uchegod-21
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December 09, 2024, 10:30:42 PM
 #121

There was a certain community with a population of 50 people. 40 out of the 50 persons owned atleast one car. And the price of getting an average good car in that community was $100 to $150. Twenty years later, the population of the community increased from 50 people to 100 people. This time only 10 persons out of the 100 people in the community could be able to afford a car which is now worth around 1,000 to $2,000. Yet, a certain man in that village thinks the economy of the community is not bad because 10 persons still could afford a car.

I agree with him that the economy is not bad until no one in the community is able to afford a car then we all will say the economy is bad. LOL Grin

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December 10, 2024, 08:32:34 PM
 #122

After reading this i still disagree with the topic, looking at the inflation Alone it would be ridiculous to say that the economy isn't hard. Even if you a wealthy person you would still be affected by the economy. I was watching a show on tv and they asked a billionaires son the economic challenges he was facing and he said the price of petrol. The economy is in shambles and it might take a lot of efforts by the government to fix it. In order to survive in this hard economy it's going to take more than receiving an average monthly salary because it won't be enough for you.

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December 21, 2024, 12:34:27 PM
 #123

After reading this i still disagree with the topic, looking at the inflation Alone it would be ridiculous to say that the economy isn't hard. Even if you a wealthy person you would still be affected by the economy. I was watching a show on tv and they asked a billionaires son the economic challenges he was facing and he said the price of petrol. The economy is in shambles and it might take a lot of efforts by the government to fix it. In order to survive in this hard economy it's going to take more than receiving an average monthly salary because it won't be enough for you.

Absolutely right. The economy is very complex and if someone on TV claims that it is not, it means that this person wants to deceive you, or he is so stupid that he cannot understand all the aspects that affect the economy. And therefore, the money supply in the pocket of any person. It is very important to know the key economic concepts in your country of residence: what is the current cost of living, what is the key rate and minimum wage. Average wages and inflation for the current year and for several past years. And of course, what taxation is currently in effect in relation to cryptocurrencies.

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December 21, 2024, 01:30:11 PM
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 #124

Working hard is just by determination you can not blame the economic for been hard cause you were born into this world alone so just work hard it will get better.
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December 21, 2024, 06:03:03 PM
 #125

After reading this i still disagree with the topic, looking at the inflation Alone it would be ridiculous to say that the economy isn't hard. Even if you a wealthy person you would still be affected by the economy. I was watching a show on tv and they asked a billionaires son the economic challenges he was facing and he said the price of petrol. The economy is in shambles and it might take a lot of efforts by the government to fix it. In order to survive in this hard economy it's going to take more than receiving an average monthly salary because it won't be enough for you.
I also agree with you on this. Even the so called billionaires I am so sure they took have cut down expenses to suit the current inflation that is eating up almost every country. Petrol cost alone will limit the way people move around and also cut down on unnecessary movements. The economy is forcing everyone to manage and cut down on expenses. The only difference between the rich and poor is that what might seem extravagant for a poor man might be cheap for the rich but in all everyone is managing their resource.

I personally have given up on the government fixing anything. We just need to adapt to what ever the economy resolves to and what I just feel is that it will take a leader who is selfless, arrogant and creative to make a change. And this will mean stepping on toes and biting people fingers which might be a deadly game at the end

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December 21, 2024, 08:57:00 PM
 #126

Working hard is just by determination you can not blame the economic for been hard cause you were born into this world alone so just work hard it will get better.

You guys just type what comes to your mind without considering other things about life. Hard economy means hardship everything about the country, with hardship you should expect business to fail and expect companies to go bankruptcy, expect shortage of sells when people do less patronage and that's means more companies will have to fold up and other investors will running away with their money to invest elsewhere, this why bad economy isn't good.

Do you think everyone in the country will be able to manage if there is high inflation? No matter amount of money you earn, once there is general increase in price of goods and services, you will feel like crying because your purchasing power has just been reduce depending on high the inflation goes. Even if you earn in a million and you experience 20% of inflation, just know that you know longer earn $1m, you now earn $800k, this is why hard economy is bad.
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December 21, 2024, 09:46:18 PM
 #127

The economy can be challenging for individuals who are not willing to work or invest in their future. However, for those who take initiative and start small businesses or invest in themselves, economic difficulties can be overcome.

Self-reliant individuals who effectively manage their resources, work hard, and dedicate themselves to their goals can transform their limited means into greater opportunities. Ultimately, a strong work ethic and determination can help people thrive despite economic challenges.

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December 21, 2024, 10:38:52 PM
 #128

Working hard is just by determination you can not blame the economic for been hard cause you were born into this world alone so just work hard it will get better.
You know, this come with a particular ease to say that I’m not exactly comfortable with.
For real, sometimes you find an economy situation that seems designed to frustrate your efforts. The case is never the fact that, people aren’t putting in efforts, of course you find people trying to better themselves everyday, especially those that have found the means but more often than most, you find the economy tighten its grip and every shift to offset what that design might be, it’s just made useless.

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December 21, 2024, 10:53:57 PM
 #129


You guys just type what comes to your mind without considering other things about life. Hard economy means hardship everything about the country, with hardship you should expect business to fail and expect companies to go bankruptcy, expect shortage of sells when people do less patronage and that's means more companies will have to fold up and other investors will running away with their money to invest elsewhere, this why bad economy isn't good.

Do you think everyone in the country will be able to manage if there is high inflation? No matter amount of money you earn, once there is general increase in price of goods and services, you will feel like crying because your purchasing power has just been reduce depending on high the inflation goes. Even if you earn in a million and you experience 20% of inflation, just know that you know longer earn $1m, you now earn $800k, this is why hard economy is bad.

In terms of economic difficulties, it is the first in the life that we live, especially with the inflation rate which makes the value of money become less, and that makes it a difficulty that must be faced, the pressure on the economy which continues to be difficult makes us work even harder, even so, to achieve the welfare that we hope for is difficult to achieve.

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December 22, 2024, 05:24:46 AM
 #130


Consistency is the key. If you don’t quit easily on whatever financial opportunities that will open for you, you will see positive outcome for your future economy.

Most definitely you're right it's only one that can set achievable goals and targets  and plan towards it that will see the economy as not being hard but inconsistency has been the order for the day as some people feel so reluctant over serious matters and they end up blaming the government, we ought to make moved so we see the hard economy as something that's not gonna be a problem.

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December 22, 2024, 10:27:41 AM
 #131

After reading this i still disagree with the topic, looking at the inflation Alone it would be ridiculous to say that the economy isn't hard. Even if you a wealthy person you would still be affected by the economy. I was watching a show on tv and they asked a billionaires son the economic challenges he was facing and he said the price of petrol. The economy is in shambles and it might take a lot of efforts by the government to fix it. In order to survive in this hard economy it's going to take more than receiving an average monthly salary because it won't be enough for you.

I just don't know what the OP was thinking when he wrote this thread. economics is very complicated and complex, and one cannot say that it is not hard. if one understands how economics works, then they will be able to see how inflation, unemployment, and various other things affect the economy, and it will affect how they act and think about business in the future. That's why nowadays we see that more people are selective in how they spend their money, whether it's building a business, spending on necessities, investing, etc., they are more careful because the economy is tough now and if one miscalculates, the consequences will be big.

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December 22, 2024, 11:06:11 AM
 #132

After reading this i still disagree with the topic, looking at the inflation Alone it would be ridiculous to say that the economy isn't hard. Even if you a wealthy person you would still be affected by the economy. I was watching a show on tv and they asked a billionaires son the economic challenges he was facing and he said the price of petrol. The economy is in shambles and it might take a lot of efforts by the government to fix it. In order to survive in this hard economy it's going to take more than receiving an average monthly salary because it won't be enough for you.

I just don't know what the OP was thinking when he wrote this thread. economics is very complicated and complex, and one cannot say that it is not hard. if one understands how economics works, then they will be able to see how inflation, unemployment, and various other things affect the economy, and it will affect how they act and think about business in the future. That's why nowadays we see that more people are selective in how they spend their money, whether it's building a business, spending on necessities, investing, etc., they are more careful because the economy is tough now and if one miscalculates, the consequences will be big.
You would be thinking up these things at the time that you are really that on a tough situation on which you will really be trying out to blame out everything on which this is really the cause on the current condition that you are into. Its understandable that we might be having those kind of pointing fingers but actually you can be able to get out if you do put up some additional hard work when you are tending or trying out to have that kind of progress into your life. There's no way that you cant be able to determine on what are the potential things that you could see that could give out that opportunity on making your life way more better despite of the bad economic situation that you are really that experiencing into. We do know that not all are living in places on which economic progress and development is high on which this do give out tons of opportunities on which in compared into those people who are living to the place where opportunities are limited due to bad economic conditions. It is really that up into a certain individual on how they would be changing up their lives because if they are really just that contended on what they do have now then they wont really be making any move or decisions.
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December 22, 2024, 12:09:58 PM
 #133

In terms of economic difficulties, it is the first in the life that we live, especially with the inflation rate which makes the value of money become less, and that makes it a difficulty that must be faced, the pressure on the economy which continues to be difficult makes us work even harder, even so, to achieve the welfare that we hope for is difficult to achieve.
Difficulties in our lives are always triggered by several things such as the increase in the price of goods that we often consume every day and also by the decline in the value of the currency so that people's purchasing power becomes unstable. In addition, the annual tax rate that must be paid by the community can also be an influence on the presence of difficulties because it can also trigger an increase in the price of goods so that people with small and medium incomes will always feel excessive difficulties if they do not try harder to increase their income levels to be more than usual.

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December 22, 2024, 12:16:07 PM
 #134

There was a certain community with a population of 50 people. 40 out of the 50 persons owned atleast one car. And the price of getting an average good car in that community was $100 to $150. Twenty years later, the population of the community increased from 50 people to 100 people. This time only 10 persons out of the 100 people in the community could be able to afford a car which is now worth around 1,000 to $2,000. Yet, a certain man in that village thinks the economy of the community is not bad because 10 persons still could afford a car.

I agree with him that the economy is not bad until no one in the community is able to afford a car then we all will say the economy is bad. LOL Grin
That is exactly what is happening in our society today, because those that are making it now will never agree that the economy is bad, until it turn to another persons turn to be Rich before they will start complaining that the hardship is too much in the society because suffering has come to such people that was rich before. If 40 people are doing well in a society and 10 people are not doing well in a society that is 50, show that the whole society are experiencing good economy because the  numbers of people living in that geographic area is 50 in numbers, and 40 people are doing massively well.

Now that majority of people that are doing well in the whole world are lower than the people that are not doing well because the economy is very bad to some countries where their leaders don't care about the citizens progress, because they know that if everybody in that countries are doing well, it will affect their wealth.


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January 02, 2025, 10:44:39 AM
 #135

Stop complaining about difficult economy,  if you have always think the economy is hard you will be managing the little money you have , and you would think it is too difficult for you to invest in something because the economy hard. No matter how the economy may seems so difficult people are still spending money to purchase what they are in need of. Hard economy don't stop people from purchasing what they want, people are spending money everyday. In this hard economy think of what you can buy and sell that people can't do without, this is how to roll when economy seems to be difficult. Hard economy don't stop people from spending money, if you go to the market you will see many people selling and buying. Hard economy doesn't make the market to be scanty or go for break.
You're right because if you look at this present economy coupled with the high inflation that most countries of the world is experiencing it's expedient that people should prioritize what will be helpful to them come out of the hard economy that they are complaining of and one way to go about is is investing in business that has the potential to return back value of investment, it could be short term investments or even long term investments but people should give attention to make sure that they take drastic steps to make sure that they improve their economic situation so that they will not be blaming the economy for the problems

Often time people usually complain about the hard economy and how they are suffering but the bad thing about it is that they don't take measures to see that they get out of their present economic situation



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January 02, 2025, 11:16:43 AM
 #136

Working hard is just by determination you can not blame the economic for been hard cause you were born into this world alone so just work hard it will get better.

Everything must start slowly and to be successful and achieve financial freedom requires continuous power and effort. A small example of investing, for example, if you like BTC or other potential assets, you will pay in installments due to budget constraints and if done consistently, it will pay off in the end.

It's the same as building a business activity, for example, selling a small kiosk, initially there were few buyers, but gradually with pleasant service and having complete goods, even though it is small, there may be a minimum sale of 200 dollars per day. I'm sure of that.
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January 03, 2025, 09:11:35 AM
 #137

In the country where I live now there is not a big crisis, as in principle and in the whole world. Except in the USA I think that things are quite good. So, here everyone knows from the news what the head of the economy looks like, it is a woman who is not yet old but experienced and smart. She is a smart person and it is not for nothing that she holds her position, but I noticed that experiencing the crisis, the majority of the population scold her in conversations, as if she is guilty without guilt.
But I, knowing her education and decisions, know that without her the crisis would be much worse in this country. It is a pity to see that here few people really understand the economy, and people are used to looking for the guilty, and not ways to solve problems, because of their narrow thinking.

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January 03, 2025, 11:03:33 AM
 #138

In terms of economic difficulties, it is the first in the life that we live, especially with the inflation rate which makes the value of money become less, and that makes it a difficulty that must be faced, the pressure on the economy which continues to be difficult makes us work even harder, even so, to achieve the welfare that we hope for is difficult to achieve.
Difficulties in our lives are always triggered by several things such as the increase in the price of goods that we often consume every day and also by the decline in the value of the currency so that people's purchasing power becomes unstable. In addition, the annual tax rate that must be paid by the community can also be an influence on the presence of difficulties because it can also trigger an increase in the price of goods so that people with small and medium incomes will always feel excessive difficulties if they do not try harder to increase their income levels to be more than usual.
Jobs cuts higher inflation and devalue of currencies surely hurting badly with middle class in many countries already wipe out due to these factors with corruption making things hard for them as well in country where I am living things are getting the worst day by day because difference between lives are increasing and rich are going more rich while poor are going more poor due to this gape now many peoples are having lives below the average spending.

Conflicts and wars are creating more troubles while we have few countries are going for disasters which could be hurt in long run due to personal egos and interests which are making this earth not fit for living for us 2024 was hard with now many are expecting 2025 could be easier if this does not happen then surely life could be on worst.
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January 04, 2025, 06:16:02 PM
 #139

Stop complaining about difficult economy,  if you have always think the economy is hard you will be managing the little money you have , and you would think it is too difficult for you to invest in something because the economy hard. No matter how the economy may seems so difficult people are still spending money to purchase what they are in need of. Hard economy don't stop people from purchasing what they want, people are spending money everyday. In this hard economy think of what you can buy and sell that people can't do without, this is how to roll when economy seems to be difficult. Hard economy don't stop people from spending money, if you go to the market you will see many people selling and buying. Hard economy doesn't make the market to be scanty or go for break.

There is a reason why democracy is chosen as the best system of government because everyone has that free speech and you have that right to complain about anything that is bad in the economy, you don't expect people to be suffering and then you expected them to be silent, you can have money too and be still be suffering. Even if you have huge amount of money to buy things that you want, you wouldn't be able to afford the amount you send to.

Imagine that you earn $500k a year and you used to budget $100k on food and health care annually but all of a sudden the inflation jump up from 5% to 10%, you will still be earning your annual $500k and your budget of $100k might still be available but it wouldn't be able to afford that quantity you used to have before, you might probably be able to afford just 70% of what you use to have and you don't want people to complain? It seems you are yet to start paying your own bills, they still pay for you.

R


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January 04, 2025, 08:11:54 PM
 #140

Working hard is just by determination you can not blame the economic for been hard cause you were born into this world alone so just work hard it will get better.
That's the simple truth. We definitely experience inflation because of some certain decisions or wrong leaders that we have and inflation have always been in existence in the world which can run alway from it forever. The only thing we just have to do when the economy is hard is to put more effort in our work and to think smart. It is not easy just easy to survive when economy is hard but the only option one has to put more effort to make sure things get better. If waiting for the economy to get better you might just waste all your time and things just remain the same. When the economy is hard , you only need to think for yourself how to turn things better for yourself.

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