The economy is about competition

[X-ray]

One country's decline is a benefit to another one. It might sound cold and selfish but the truth is that if one economy is declining, you can use this to your advantage. If one country has a failing economy and they can no longer produce high quality products and their trade is losing significance then another country can sweep in and give better offers. This is simply the reality and so economy should not have emotions in because it will not do you good. If you want to improve your financial state, you have to compete. This is true even with smaller scale marketplace. Not a country's but let's say in one city. If one seller fails to deliver good products, you can sell better ones and take their customers. There is no space in the economy for soft hearted because everything is a competition. You have to compete for resources. You have to compete for demand. You have to compete for customers.

It's always like that from long ago.

When US is trying to move manufacturing from the US, other countries are already offering up to accept manufacturing and pursue investments.

Economy it its purest form is just competition anyway moreover the universe is all about efficiency, so be the most efficient competitor to take all the benefit.

[harapan]

If one seller fails to deliver good products, you can sell better ones and take their customers. There is no space in the economy for soft hearted because everything is a competition. You have to compete for resources. You have to compete for demand. You have to compete for customers.

You're getting all of this the wrong way and it sounds so cold actually. We are aware of the fact that competition is inevitable in every aspects of life but then not in this manner. There are ways the other party can come in when another is not having the available but your illustration clearly defines  a sign of greed and hate for the other. You have to compete but in a well communicating manner.

[alegotardo]

No!!! This is far from being a general rule or somethimg "predominant"... I even agree with you that these situations may have existed, but I think the scenario are quite opposite: When the economy of country is unstable, it ends up negatively reflecting at other countries... because thereare a mass migration of the population to neighboring countries,  geopolitical risks that affect several economies, trade from that country, which was essential to others, ends up generating a cascading crisis... anyway... I think youre wrong!

You know what I believie? That there are far more examples of success based on cooperation between countries than on gaining advantages when they are crumbling... its collaboration between them in value chains, trade, and even technology that has caused great revolutions and growth in countries.
Want a good example? The post-World War II Marshall Plan, where the US could have exploited Europe, which was completely ruined, but instead, what did they do? They chose to finance their reconstruction

[tabas]

While that sounds doable, if a country or just a specific area's economy is failing. It's hard to get into the shoes of everyone when the majority is struggling. Even the competition of logistics is having difficulty so it's not easy to get on that while everyone is struggling. You might get some customers but it will take a while until you'll able to build your consumers in that specific area. Just like when the covid hit, many industries have struggled, although some specific ones have thrived. And even so, it's not a guarantee that you'll also thrive while others do.

[Agbe]

This is the sad reality on ground that most people don't know that life is a battle for survival nations which has made it to the top did not just get there but it was through competition and trying to improve what they have by improving on existing products so for anyone to attain financially stabilize such a person must compete and fight his way through because life is battle

[HONDACD125]

One country's decline is a benefit to another one. It might sound cold and selfish but the truth is that if one economy is declining, you can use this to your advantage. If one country has a failing economy and they can no longer produce high quality products and their trade is losing significance then another country can sweep in and give better offers. This is simply the reality and so economy should not have emotions in because it will not do you good. If you want to improve your financial state, you have to compete. This is true even with smaller scale marketplace. Not a country's but let's say in one city. If one seller fails to deliver good products, you can sell better ones and take their customers. There is no space in the economy for soft hearted because everything is a competition. You have to compete for resources. You have to compete for demand. You have to compete for customers.

Well, when it comes to two sellers within the same business, I do agree that if one isn't able to provide good products or services, the other can do better and have better revenue as a business, but when it comes to countries, that's not how things work, because international trades are not like local businesses, where a country can start providing the same product or service that another country was providing before but isn't able to do it properly anymore, because those are large-scale trades, and countries can only do trades in things that they mass-produce, which means that you can only replace another country in a trade if you have the same product in a large quantity available to be traded.

That's why, we can discuss about businesses within an economy and how important it is for them to always keep improving their business and the products and services they offer to their customers so that they can stay ahead of the competition, but when it comes to countries and their trades with each other, things aren't as simple as you explained it in your post.

[Mrbluntzy]

Not a country's but let's say in one city. If one seller fails to deliver good products, you can sell better ones and take their customers. There is no space in the economy for soft hearted because everything is a competition. You have to compete for resources. You have to compete for demand. You have to compete for customers.

Everything is literally competition this days, in business, lifestyle, career, skill, and anything you can name. When a customer is no longer getting satisfaction from his supplier or a place he or she buys things, he goes out to seek for a different supply that can give him or her the kind of quality services they want. That's why it is very important to continue learning and developing yourself both in your business knowledge and skill so that people that advance more than you will not take over your customers from you. Business lose their customers to other business that provided a service that the customers was not getting from his initial business. It goes on and on, so people needs to keep improving.

[mvdheuvel1983]

This is the sad reality on ground that most people don't know that life is a battle for survival nations which has made it to the top did not just get there but it was through competition and trying to improve what they have by improving on existing products so for anyone to attain financially stabilize such a person must compete and fight his way through because life is battle

Competition is in every thing in life and the battle for survival can not be sweet without including competition cause it is the best way to examine a person that is growing and a nation that is experiencing more productivity than the others, in a nation where there is no competition people will become too careless to do something reckless before there are no one to take over when they find it difficult to do, same thing goes to a nation without competitors they will not do the necessary things but when they observe that another country is doing something better they will definitely what to adjust the way they do things.

[davis196]

One country's decline is a benefit to another one. It might sound cold and selfish but the truth is that if one economy is declining, you can use this to your advantage. If one country has a failing economy and they can no longer produce high quality products and their trade is losing significance then another country can sweep in and give better offers. This is simply the reality and so economy should not have emotions in because it will not do you good. If you want to improve your financial state, you have to compete. This is true even with smaller scale marketplace. Not a country's but let's say in one city. If one seller fails to deliver good products, you can sell better ones and take their customers. There is no space in the economy for soft hearted because everything is a competition. You have to compete for resources. You have to compete for demand. You have to compete for customers.

This is oversimplification. One country could benefit from another country's decline, but there are examples that show the opposite is possible as well.
One country could benefit from another country's economic growth. When your neighbor country is experiencing economic growth, your own country could export more goods to the neighbor country and sell more products to a growing market. Yes, there is competition, but there's also cooperation.
Countries become wealthier, when they trade more with each other. When a country is facing an economic decline, foreign investors might decide to create businesses and buy assets in that particular country, reaping the benefits from cheaper labor costs and undervalued asset prices.
Economy and global trade is more complex than you think.

[Bitcoin_people]

It is true that if a country starts to decline economically, then another country will definitely benefit. When a country starts to go down in an economic crisis and if its neighboring country sees it and can export high-quality products and production to become prosperous, then they will be successful. It is certainly true that if a country is to move forward economically, it must trade. If trade stops, a country will quickly start to decline economically. There is competition in every field. Every country competes to move forward economically. Only the country that can produce well and can succeed in trade can move forward economically, every country tries to improve their production and exports to make them economically prosperous. Every country competes for customers. Countries that have more investors and can trade more can move forward economically.

[bubilas]

Yes, modern business is a place where big sharks eat little fish and the best story that can be cited as an example is how Starbucks captured small American towns with their small coffee shops.
They had a very cruel trade policy: Starbucks would just open one cafe in the city and make very low prices there, and because of that all the customers would go to them and because of that the small coffee shops would go bankrupt. And then the price would go up very much.

[ShowOff]

It is true that if a country starts to decline economically, then another country will definitely benefit. When a country starts to go down in an economic crisis and if its neighboring country sees it and can export high-quality products and production to become prosperous, then they will be successful. It is certainly true that if a country is to move forward economically, it must trade. If trade stops, a country will quickly start to decline economically. There is competition in every field. Every country competes to move forward economically. Only the country that can produce well and can succeed in trade can move forward economically, every country tries to improve their production and exports to make them economically prosperous. Every country competes for customers. Countries that have more investors and can trade more can move forward economically.

In my opinion, what you've said generally applies to all countries. When we talk about trade competition, countries that can produce goods at a lower cost, like China, have the opportunity to become more developed. Meanwhile, every country certainly has key resources to support its economy. In many cases, developing countries find it difficult to become developed because they are so far behind in technology and industry.

Investors won't come if a country can't maintain its national stability, both legally and politically. I think this is the most difficult challenge, especially if the government is corrupt. Ultimately, instead of becoming a developed country, a country that fails to enforce legal certainty will naturally remain a consumer country and dependent on other countries.

[Joy_learns_crypto]

Yes, modern business is a place where big sharks eat little fish and the best story that can be cited as an example is how Starbucks captured small American towns with their small coffee shops.
They had a very cruel trade policy: Starbucks would just open one cafe in the city and make very low prices there, and because of that all the customers would go to them and because of that the small coffee shops would go bankrupt. And then the price would go up very much.

Also Starbucks like other business giants offers small business owners had to reject money to see their business to them giving them control and eliminating competitions. Mark zuckerberg did it when he bought Instagram and WhatsApp, big business men can grow fast by buying out growing competitions and if the find the previous owners capable they keep them to run the business for them.

[Roseline492]

If a country economy is having challenges it shouldn't have to affect there quality manufacturing because there should be sufficient resources for it, unless they intentionally decided to do it on the excuse of bad economy, at that time if there is something they should be more focus on is the quality because that is were some revenue will be originated from so actually if they cannot do that the people they usually supply to will find another country who could do better than them.

It can't really be exactly under their control. Because bad economy will cause a domino effect and they are always going to have to make some sacrifices because they can no longer supply for quality products because they can no longer afford it. Or something. You can only do so much with a failing economy.

Yes there will be an effect on them certainly but producing non quality things are not supposed to happen because the adjustment they would need to do is to produce lesser quantity and no longer the large quantities they usually produce because meeting the usual quantity is were the non quality will be produce do to insufficient materials so is better having 50 quality items than having 150 products that is not standard to be use. This is applicable to the trial time in business because you will need to make a good decision that will not affect your business and also the customer even if the profit drops.

[STT]

The only real purpose of capitalism is to allow the most efficient product, once it stops enabling efficient advancement it becomes as bad as all the other failed systems of trade we're tried and suffered under.
   If an economy fails, its correct to say it should benefit someone because the failure is not for no reason.  The recovery comes from that enablement and reordering that originates in the failure.
  I always think that about small sectors like housing, people complain if the price falls but its actually necessary to allow people with less capital access so the entire cycle has a purpose and that's how I look at each economy doing well or not; the bigger picture is the real purpose.

[Mate2237]

Yes, modern business is a place where big sharks eat little fish and the best story that can be cited as an example is how Starbucks captured small American towns with their small coffee shops.
They had a very cruel trade policy: Starbucks would just open one cafe in the city and make very low prices there, and because of that all the customers would go to them and because of that the small coffee shops would go bankrupt. And then the price would go up very much.

You're right modern business is a competitive place that involves only business that are serious about competing with others, competition actually bring out the best in an establishment as it will make the business to bring out the best in the business because competition will bring out the areas of weakness of the business.


For any business to stay competitive then such business has to stay ahead of others by looking for business techniques which are not known to others which will involve research and technology

[Alphakilo]

One country's decline is a benefit to another one. It might sound cold and selfish but the truth is that if one economy is declining, you can use this to your advantage. If one country has a failing economy and they can no longer produce high quality products and their trade is losing significance then another country can sweep in and give better offers.

I agree with this point because there is a country that I know of whose Industries and airports have almost been taking over by the another country because the defaulted in the loan to them. And we have that country who is the economy is already feeling being flooded by imported goods from the other country that has loan them money.

Even when you think about it, the poor economy of a country pushes them to become heavily reliant on imports of everything. Imports means that the citizens will spend more money and get poorer which means more and more from other well doing countries that come in to offer bailout loans and aids.

[uneng]

If one seller fails to deliver good products, you can sell better ones and take their customers. There is no space in the economy for soft hearted because everything is a competition. You have to compete for resources. You have to compete for demand. You have to compete for customers.

You're getting all of this the wrong way and it sounds so cold actually. We are aware of the fact that competition is inevitable in every aspects of life but then not in this manner. There are ways the other party can come in when another is not having the available but your illustration clearly defines  a sign of greed and hate for the other. You have to compete but in a well communicating manner.

You are right. By being greedy and hateful, someone will have difficult surviving on the market on long run, because he won't earn trust from customers and potential partners. It's possible to be competitive aiming to offer quality services to the public, while still adopting a constructive and ethical stance towards the environment around.

The mindset that economy is all about being a greedy dog looks too fanciful and inspired on movies.

[sunsilk]

You are right. By being greedy and hateful, someone will have difficult surviving on the market on long run, because he won't earn trust from customers and potential partners. It's possible to be competitive aiming to offer quality services to the public, while still adopting a constructive and ethical stance towards the environment around.

The mindset that economy is all about being a greedy dog looks too fanciful and inspired on movies.

That kind of thinking of being greedy and hateful and trying to bring other competitors down isn't good for the overall status of the economy.

And that is they're going to bring other business down for their business to get up. It's unethical but sadly, this actually happening in the real markets and competitions.

While competition is a tough thing for businessmen, this is a norm for them that have embraced it for so long. They know how to attract other customers and this is why the one that stays longer are the ones that does honest business.

[Josefjix]

I am still trying to figure out how other countries compete with a country with failed economy, a country with good economy is only taking advantage of you not competing. Competition is actually between two or more countries chasing the right goal, whoever gets the customer wins, but your explanations is different.

Anyway, I got your point, a country with failed economy only ask for support from other countries but not free, which usually get paid back or been giving a collateral or something. No economy is 100% stable and self dependent, they actually needs help from each other a way or the other.