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.
Preventing the rate of inflation which causes purchasing power to increase needs to be done by increasing salaries by at least a few percent to maintain purchasing power and economic balance momentum. The increasing prices of goods all the time will ensnare employees who will be increasingly squeezed if their salaries are not adjusted to the consumer price index. Due to increasingly unstoppable inflation, salary adjustments can be made through internal agreements between two parties (employees and companies) or through regulations set by the government in the minimum wage policy.
Topic: Do you feel that the global economy is declining? - page 3. (Read 1233 times)
Yes the world is suffering from a global economic break down, just that each countries experience is better than one another. Its something that can actually be handled but is the government ready to fix things up. In my country a new emerged governor have done what past governors could not do in 8 years that is what we are talking about the whole economical issues is for the government to improve.
Even in terms of polices. There should be open doors for investors. And create more opportunities for people. And without any source of income life won't be funny because starting from how do you feed and keep up with expenses. This shows how income is very important in our life's. I pray with term things will get better.
Even in terms of polices. There should be open doors for investors. And create more opportunities for people. And without any source of income life won't be funny because starting from how do you feed and keep up with expenses. This shows how income is very important in our life's. I pray with term things will get better.
Things will get "better" after the launch of CBDCs. At least, for a while. But first, governments must concentrate on putting an end between the Russo-Ukraine and Israel-Hamas conflicts. With world peace, the economy would be able to flourish once again. I sure hope this happens soon. Else, we'd be toast.
I'd say ultra-high inflation is NOT good for consumers. Only the rich benefits in the long run. These are uncertain times we're living into. Thus, we can only hope for the best.
When Budget Suites did what they did Attacking the Release of the Book called "The Diaspora Brujeria", they actually caused Bitcoin to Drop to $20,000 and it caused a Global Recession. It had to do with a Meeting in Miami and El Salvador. So the Economy was actually Declining BECAUSE Crypto declined, Crypto did not Follow the Economy, the Economy instead Fell as Bitcoin Fell and no one wants to Talk about that.
But we are Fixing it now. But that Miami Conference and El Salvador meeting all went Horribly Wrong, People were Raped for Drugs, Lives were Ruined, and the Economy Collapsed.
But we are Fixing it now. But that Miami Conference and El Salvador meeting all went Horribly Wrong, People were Raped for Drugs, Lives were Ruined, and the Economy Collapsed.
I noticed it from my country economy, which I thought is only my country that is experiencing this inflation until some of my friends who lives in other countries to confirmed to me that the inflation is global and is making the price of commodities to continue increasing every day.
Some products, I bought last year, it has doubled up this year and it makes people salary not to feed their family well like the way they use to used the salary to feed and still use it to set up some business in the community because inflation has takeover the economy.
I guess government will do something that will make the economy to improve higher, because people are not smiling with this global inflation because it the responsibility of every government to create a good economy for their citizens to experience.
Some products, I bought last year, it has doubled up this year and it makes people salary not to feed their family well like the way they use to used the salary to feed and still use it to set up some business in the community because inflation has takeover the economy.
I guess government will do something that will make the economy to improve higher, because people are not smiling with this global inflation because it the responsibility of every government to create a good economy for their citizens to experience.
We have to do some things to make a living these days. If we want more, we must either work hard or the work we do must be valuable. There may be many options, but this is generally the case.
We strive to change our conditions and live in better conditions. Some of us can achieve this and it is not impossible to achieve. Of course, it is not easy, but we can see more of the opportunities that come our way and we are trying to take advantage of them.
The global economy is deteriorating and the quality of life is declining in many countries. Necessary steps need to be taken to reverse this. In some cases we must try harder to improve our own conditions.
This is a difficult problem to solve, since even if everyone works harder to improve their living conditions, you may assume this will allow every single person to improve their life.We strive to change our conditions and live in better conditions. Some of us can achieve this and it is not impossible to achieve. Of course, it is not easy, but we can see more of the opportunities that come our way and we are trying to take advantage of them.
The global economy is deteriorating and the quality of life is declining in many countries. Necessary steps need to be taken to reverse this. In some cases we must try harder to improve our own conditions.
But if the resources they are pursuing are the same, then all of them will work harder just to receive the same payment at the end, so at some point other solutions other than to work harder or for a longer period of time need to be found, and that is where most governments are lost as they do not know what else to do to improve their economy.
Things are going a little worse these days, I feel like we should consider the situation we are in right now as something that we can handle at the moment and do not need to worry, but then things went a lot worse. I have tried to keep it going for as long as I can without getting in too much of a trouble, but lately there are a lot of troubles that are getting worse and worse. I am trying my very best, I am working at my job all day everyday, and technically speaking I have two jobs (campaign money is also an income of course but not sure if its a "job") and in the end, it has been getting worse. Plus, I haven't found any campaigns to enroll for the past 4-5 months so it is getting a lot worse, I hope things get better eventually.
Yes the world is suffering from a global economic break down, just that each countries experience is better than one another. Its something that can actually be handled but is the government ready to fix things up. In my country a new emerged governor have done what past governors could not do in 8 years that is what we are talking about the whole economical issues is for the government to improve. Even in terms of polices. There should be open doors for investors. And create more opportunities for people. And without any source of income life won't be funny because starting from how do you feed and keep up with expenses. This shows how income is very important in our life's. I pray with term things will get better.
This is basically the way that we are forced to do but shouldn't be the case if you look at the history. Even the slaves that worked in the pyramids got paid more than some people in the world, and by some I mean a few billion people are getting paid less than those people these days.
I have to say that if we are forced to work at two jobs, that means that we are going to be forced to work three jobs eventually, or eventually we are going to be told that living in a house alone or just one family is a luxury that you shouldn't do and you should all be living in apartment complexes, and they will cram all of us in the same place, and they will tell us meat is not a must and we can just eat chicken, or they will... basically they will make us do worse and worse stuff.
I have to say that if we are forced to work at two jobs, that means that we are going to be forced to work three jobs eventually, or eventually we are going to be told that living in a house alone or just one family is a luxury that you shouldn't do and you should all be living in apartment complexes, and they will cram all of us in the same place, and they will tell us meat is not a must and we can just eat chicken, or they will... basically they will make us do worse and worse stuff.
They do not force us to do anything, we accept everything that is served to us... maybe there is a choice, but mostly that choice is reduced to choosing between many bad choices. It's a system, we are still slaves in a way, not like 1000 years ago, we are not chained, but we depend on money, there's never enough money and that puts us in a tricky situation.
It is a contradiction, the global economy is not in decline, but the gap between the rich and the poor is bigger than ever. While it is difficult for many to push through the month, some people prosper and have more money than ever. I guess it's all a matter of perspective, but for sure not everyone can advance in this world, it's individual... some people are going up and some are going down.
We have to do some things to make a living these days. If we want more, we must either work hard or the work we do must be valuable. There may be many options, but this is generally the case.
We strive to change our conditions and live in better conditions. Some of us can achieve this and it is not impossible to achieve. Of course, it is not easy, but we can see more of the opportunities that come our way and we are trying to take advantage of them.
The global economy is deteriorating and the quality of life is declining in many countries. Necessary steps need to be taken to reverse this. In some cases we must try harder to improve our own conditions.
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.
that is why it's not good to depend on monthly salary if you are working and you are earning money monthly you have to diversify your source of income so that when economy of your country is rough you can survive through different ways because many people who depend on monthly salary do suffer when they country is not balanced myself I have different investment have that used to sustain me since I was born I've not done a government work before or based on monthly salary to take care of my needs and want. If you have knowledge about money and spend time learning about how the economy operates in history, you will see that inflation, crisis, recession... are inevitable. They have been there and existed for hundreds of years, and they do not just appear in our generation.
The simple reason is that many people rely too much and put too much trust in the government, they think that the government will protect and save them if they are in trouble. They are too dependent and too subjective that they forget to make backup plans. If a person is smart, they will always find ways to increase their income and assets even when they are living in a stable economy. They will always have backup plans and always update and evolve to adapt to the development of society.
If we want to survive, we need to change and adapt promptly. Finding ways to blame others will not help us survive in this world.
This is basically the way that we are forced to do but shouldn't be the case if you look at the history. Even the slaves that worked in the pyramids got paid more than some people in the world, and by some I mean a few billion people are getting paid less than those people these days.
I have to say that if we are forced to work at two jobs, that means that we are going to be forced to work three jobs eventually, or eventually we are going to be told that living in a house alone or just one family is a luxury that you shouldn't do and you should all be living in apartment complexes, and they will cram all of us in the same place, and they will tell us meat is not a must and we can just eat chicken, or they will... basically they will make us do worse and worse stuff.
I have to say that if we are forced to work at two jobs, that means that we are going to be forced to work three jobs eventually, or eventually we are going to be told that living in a house alone or just one family is a luxury that you shouldn't do and you should all be living in apartment complexes, and they will cram all of us in the same place, and they will tell us meat is not a must and we can just eat chicken, or they will... basically they will make us do worse and worse stuff.
They do not force us to do anything, we accept everything that is served to us... maybe there is a choice, but mostly that choice is reduced to choosing between many bad choices. It's a system, we are still slaves in a way, not like 1000 years ago, we are not chained, but we depend on money, there's never enough money and that puts us in a tricky situation.
It is a contradiction, the global economy is not in decline, but the gap between the rich and the poor is bigger than ever. While it is difficult for many to push through the month, some people prosper and have more money than ever. I guess it's all a matter of perspective, but for sure not everyone can advance in this world, it's individual... some people are going up and some are going down.
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.
that is why it's not good to depend on monthly salary if you are working and you are earning money monthly you have to diversify your source of income so that when economy of your country is rough you can survive through different ways because many people who depend on monthly salary do suffer when they country is not balanced myself I have different investment have that used to sustain me since I was born I've not done a government work before or based on monthly salary to take care of my needs and want. 
Wages are not going down. In fact, there has been inflation around the world. It has taken a terrible form. Along with this, the increase in the price of goods has made public life more dangerous. People with low income are not able to adjust the expenditure with the income. Which makes their life low. For example Those who used to spend monthly with 500$ are now not able to get through the month on this budget. The problem is seen in almost every country in the world
Creating multiple income streams is the only solution for this because governments don't work to reduce inflation and the people of their countries are left to suffer, that's why, everyone will have to find ways for them to survive in such economic conditions. I know it's not easy because not everyone has got enough opportunities and abilities to be able to have multiple sources of income but we don't have a choice, do we?The world is turning into a place where only the rich can survive which is unfortunate. People who are not financially stable will always have a hard time living their lives because they will barely be able to earn enough money to fulfil the basic requirements of their household, savings and other stuff are impossible things for them.
I have to say that if we are forced to work at two jobs, that means that we are going to be forced to work three jobs eventually, or eventually we are going to be told that living in a house alone or just one family is a luxury that you shouldn't do and you should all be living in apartment complexes, and they will cram all of us in the same place, and they will tell us meat is not a must and we can just eat chicken, or they will... basically they will make us do worse and worse stuff.
That means his barely surviving. Let's say his salary back then 5 years ago was $2000 after tax and was leaving an average life, no struggle to pay bills but today, the salary he earns is now $1300 after tax and the price of goods and services has 2x from five years ago, that means the money he is been paid at work wouldn't be able to pay up his bills and would probably be having outstanding payment or have loan to cushion his bills.
The amount of salary he receives after tax cuts is getting lower, that is an unfair decision from where he works because the economic conditions of the impact of inflation have had an impact on increasing prices of goods and services, he should receive a salary without high tax cuts and so that the amount of salary he receives is appropriate based on the minimum salary rates in the current era.Quote
It's either your colleague step up his hustling spirit and have a side gig to complement the salary or he should write applications to other places to get a job that will give him higher pay, she shouldn't quit though because that would be one of the worse decision he would probably make in this hard times.
If your colleague is already tied to a previous job, it will be difficult to find other income opportunities from side jobs, because we cannot manage the time to work optimally unless you have to take advantage of Saturday and Sunday holidays to focus on online work which can add additional income, but other physical work is impossible to do because you also need time off from office work. 
Things are going a little worse these days, I feel like we should consider the situation we are in right now as something that we can handle at the moment and do not need to worry, but then things went a lot worse. I have tried to keep it going for as long as I can without getting in too much of a trouble, but lately there are a lot of troubles that are getting worse and worse. I am trying my very best, I am working at my job all day everyday, and technically speaking I have two jobs (campaign money is also an income of course but not sure if its a "job") and in the end, it has been getting worse. Plus, I haven't found any campaigns to enroll for the past 4-5 months so it is getting a lot worse, I hope things get better eventually.
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.
That means his barely surviving. Let's say his salary back then 5 years ago was $2000 after tax and was leaving an average life, no struggle to pay bills but today, the salary he earns is now $1300 after tax and the price of goods and services has 2x from five years ago, that means the money he is been paid at work wouldn't be able to pay up his bills and would probably be having outstanding payment or have loan to cushion his bills.
It's either your colleague step up his hustling spirit and have a side gig to complement the salary or he should write applications to other places to get a job that will give him higher pay, she shouldn't quit though because that would be one of the worse decision he would probably make in this hard times.
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.
Of course I do. The rising cost of goods and/or services have severely impacted the lives of many people. This is all because of inflation. Unnecessary wars between countries, rising geopolitical tensions, and the COVID-19 pandemic's disruption on the global supply chain are having a profound effect on the global economy.
Central banks won't be able to do anything about it if inflation keeps spiraling out of control. What they can do is "reset" the economy by launching their very own digital currencies. And that my friend, will happen faster than you can imagine. Governments and central banks will have more control/power over the economy han ever before. It will mark the end of paper money and privacy for good. One would hope things get "back to normal" soon. As long as there's world peace, there should be nothing to worry about.
The truth of the matter is that the economies all over the world 🌍 are experiencing decline or problem this is due to the rise in population as we have scar's resources with too many people relying on it
And again government need to come up with new strategies to solve the economic problems of the world because every year inflation is always on the rise but the salary structure is still the same
And again government need to come up with new strategies to solve the economic problems of the world because every year inflation is always on the rise but the salary structure is still the same
The increase in population with limited resources is indeed a bit more complicated for the government to solve if everyone's salaries still look the same, but that doesn't mean it can't be solved. Because the government is only trying to maintain the economic sector by not increasing the prices of goods that are often needed by the people and also by ensuring that raw materials that are often used by factories do not become scarce. Because scarcity of an item will always cause the price to increase if there is still quite a lot of demand.
And when all parties have to fight inflation every year, of course this will also encourage everyone to have new skills in order to earn more income so that everyone does not really feel the effects of inflation. Because without increasing skills and income in life, it will always be difficult for everyone to fight inflation, including the government.
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.
Well, using the present situation in my own country as a reference, I will completely agree that what your colleague told you is absolutely true, actually, you did not say or mention the country you are from, but over here, things have become really worst and unbearable for many, price of things in the market have increased for more than 300 percent for each, for some items, most especially the ones that are being imported into the country, those ones have increased like more than 500 or 600 percents as a while of our local currency losing value against the dollar, and yet, workers salaries have remains the same for all of this months this has happened, a 50kg bad of rice is now sold 5x to 6x more than it was sold 2 years ago.If the way things are in my country is the same way it is for all other countries and the world at large, then indeed, the world economy is gradually collapsing.
Wages are not going down. In fact, there has been inflation around the world. It has taken a terrible form. Along with this, the increase in the price of goods has made public life more dangerous. People with low income are not able to adjust the expenditure with the income. Which makes their life low. For example Those who used to spend monthly with 500$ are now not able to get through the month on this budget. The problem is seen in almost every country in the world
Creating multiple income streams is the only solution for this because governments don't work to reduce inflation and the people of their countries are left to suffer, that's why, everyone will have to find ways for them to survive in such economic conditions. I know it's not easy because not everyone has got enough opportunities and abilities to be able to have multiple sources of income but we don't have a choice, do we?The world is turning into a place where only the rich can survive which is unfortunate. People who are not financially stable will always have a hard time living their lives because they will barely be able to earn enough money to fulfil the basic requirements of their household, savings and other stuff are impossible things for them.
I agree with you, other than finding ways to create multiple sources of income, we have no better solution to fight inflation today. But blaming the government for not making efforts to reduce inflation is not correct, there are still many governments trying their best but sometimes it is beyond their control. How can small countries avoid inflation while big countries are trying to export inflation? In addition to domestic factors that cause inflation to increase, you also need to know that external factors also have a significant impact and are beyond the government's control.
The rich will also face inflation if they cannot maintain their wealth, so they are also trying every day. And if we don't want to be eliminated or killed by inflation, we should try to rise up and not blame the rich and the poor here. Because no one prevents us from becoming rich, and whether we can become rich or not depends entirely on our bravery.
Wages are not going down. In fact, there has been inflation around the world. It has taken a terrible form. Along with this, the increase in the price of goods has made public life more dangerous. People with low income are not able to adjust the expenditure with the income. Which makes their life low. For example Those who used to spend monthly with 500$ are now not able to get through the month on this budget. The problem is seen in almost every country in the world
Creating multiple income streams is the only solution for this because governments don't work to reduce inflation and the people of their countries are left to suffer, that's why, everyone will have to find ways for them to survive in such economic conditions. I know it's not easy because not everyone has got enough opportunities and abilities to be able to have multiple sources of income but we don't have a choice, do we?The world is turning into a place where only the rich can survive which is unfortunate. People who are not financially stable will always have a hard time living their lives because they will barely be able to earn enough money to fulfil the basic requirements of their household, savings and other stuff are impossible things for them.
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.
that is why it's not good to depend on monthly salary if you are working and you are earning money monthly you have to diversify your source of income so that when economy of your country is rough you can survive through different ways because many people who depend on monthly salary do suffer when they country is not balanced myself I have different investment have that used to sustain me since I was born I've not done a government work before or based on monthly salary to take care of my needs and want. Jump to: