Are we headed to a nowhere economic direction ? - page 7.

bestcoins1

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Quote from: Marcellin9 on May 17, 2023, 03:52:20 AM

In my country over the past few months, the interest rates have been declining. Our government aims to stimulate the economy through a set of financial policies but there seems to be less effective than before. Under the backdrop of the global economic recession, no government will be able to outperform others easily. The dilemma we are facing now is that we are actually losing whether to spend the few money we have at hands or to save it in banks for less and less interest. Real estate is collapsing and even the rich people have no options to invest.

It is really worrying if the value and price of Real Estate in your area collapses at this time, because assets such as Real Estate that are there should not experience a collapse in price so that Real Estate investors can be helped a little by the global economic recession. But if the government there is still carrying out policies to stimulate the people's economy, I don't think you need to experience an excessive dilemma because the government is still quite concerned about the economic problems of its own country.

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Personally I have invested in cryptocurrencies but due to the current market, there is no sign that I will profit any time soon, so I guess the result of the investment remains unknown. Although I still have steady income from my job, uncertainties will not diminish as I hope for a stable feed for my family and for savings as much as possible. What is your situation in your country ? Are you going to experience some economic turmoil as well ? Please let me know.

The situation and conditions where I live are still quite safe in terms of the economy, because everyone can still work in their respective fields while continuing to invest and save to keep themselves alive safely and peacefully and not experience difficulties. And for the prices of necessities or asset prices such as real estate, they also did not experience a collapse so that conditions remained as usual and did not experience any disturbance.

Flexystar

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There are many factors that can impact your investment in the crypto currency but not the one you are describing here. For example in you analysis there would be two important points to discuss. The first one is there is no direct impact of your government and their policies on the local currency in respect to the recession. It won't affect on the larger scale. It may affect it minds of local investors but it wont have huge effect on the crypto currencies. What can impact it on global scale is something getting implemented in the USA which is not in the favor of crypto.

I barely doubt, your nation's government will have such large scale impact.

You may be surprised that your investments in the crypto gone up positively even in the recession and that's because they are free style (decentralized). They have hundreds of other factors on which they depend.

Nwada001

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Quote from: Marcellin9 on May 17, 2023, 03:52:20 AM

In my country over the past few months, the interest rates have been declining. Our government aims to stimulate the economy through a set of financial policies but there seems to be less effective than before. Under the backdrop of the global economic recession, no government will be able to outperform others easily. The dilemma we are facing now is that we are actually losing whether to spend the few money we have at hands or to save it in banks for less and less interest. Real estate is collapsing and even the rich people have no options to invest.

How does boasting about the economy work? Is it just by setting up a few policies to increase the tax rate, interest rate, etc.? Has this method actually worked in moving a country with a shite economy to one with a very stable economy?
To me, I believe the economy of a country is highly influenced by the creation of job opportunities for its citizens, which will reduce poverty in that country since poverty can't be completely eradicated.

If you set up a friendly policy that will attract foreign investors to the countryside, there will be more job creation. And countries should also normalize using their own products and not be fully dependent on imported products; this alone increases the country's high demand for foreign currency and reduces its own local currency value, which is one way of telling people that the country is not in economic balance.

Adbitco

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Next Generation Web3 Casino

Quote from: Marcellin9 on May 17, 2023, 03:52:20 AM

Personally I have invested in cryptocurrencies but due to the current market, there is no sign that I will profit any time soon, so I guess the result of the investment remains unknown. Although I still have steady income from my job, uncertainties will not diminish as I hope for a stable feed for my family and for savings as much as possible. What is your situation in your country ? Are you going to experience some economic turmoil as well ? Please let me know.

I don't really think you knows the purpose of your investment, how do you think and see cryptocurrency investment or do you take it to be a ponzi scheme or quick get rich scheme where you invest some certain amount and get back some folds?

As I usually say to any around me cryptocurrency investment doesn't require impatient people or investors, you must know the kind of invest you wants to venture into be it short term or long time at least they both required 5 months to 1 year patient before you could start witnessing the bull trend otherwise investing today and expecting to start seeing the bull sign is a very wrong mentality, so change your perspectives towards cryptocurrency investment and exercise patient.

tjtonmoy

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Quote from: Marcellin9 on May 17, 2023, 03:52:20 AM

What is your situation in your country ? Are you going to experience some economic turmoil as well ? Please let me know.

After the recent economic crisis and inflation, we are facing the same thing here. The worst thing in this country is once something's price goes up, it will never go down. So the poor will always suffer no matter what. The government ain't taking any action to resolve this problem. I think this country will go bankrupt soon. We are short on electricity supply and the debt to Singapore is over $300 million. In 2-3 weeks we will face power loss all over the country. I don't know in which direction is this country going.

davis196

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Is it possible that the interest rates are declining and the real estate sector is collapsing at the same time?
I don't believe that having affordable mortgages would have any negative impact over the real estate sector.
The fiscal and monetary policies of many governments around the world tend to be less and less effective. Financial discretion done by the government seems more like a mistake nowadays. The right thing to do is to cut more government spending and put the national budget deficit under control.
I don't know where do you live. The situation is my country is difficult as well, but the real estate sector is still in good shape and the inflation levels are slowly declining.

Tytanowy Janusz

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Quote from: Marcellin9 on May 17, 2023, 03:52:20 AM

In my country over the past few months, the interest rates have been declining. Our government aims to stimulate the economy through a set of financial policies but there seems to be less effective than before. Under the backdrop of the global economic recession, no government will be able to outperform others easily. The dilemma we are facing now is that we are actually losing whether to spend the few money we have at hands or to save it in banks for less and less interest. Real estate is collapsing and even the rich people have no options to invest.

Personally I have invested in cryptocurrencies but due to the current market, there is no sign that I will profit any time soon, so I guess the result of the investment remains unknown. Although I still have steady income from my job, uncertainties will not diminish as I hope for a stable feed for my family and for savings as much as possible. What is your situation in your country ? Are you going to experience some economic turmoil as well ? Please let me know.

Where are you from? Because most of countries are currently at tightening stage fallowing US in increasing interest rates.

In my country (poland) the Monetary Policy Council set the interest rate at 6.75% in October 2022 and there is no indication that they will lower it. On the contrary, with inflation at 15%, it would be useful to raise it even more.

Marcellin9

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In my country over the past few months, the interest rates have been declining. Our government aims to stimulate the economy through a set of financial policies but there seems to be less effective than before. Under the backdrop of the global economic recession, no government will be able to outperform others easily. The dilemma we are facing now is that we are actually losing whether to spend the few money we have at hands or to save it in banks for less and less interest. Real estate is collapsing and even the rich people have no options to invest.

Personally I have invested in cryptocurrencies but due to the current market, there is no sign that I will profit any time soon, so I guess the result of the investment remains unknown. Although I still have steady income from my job, uncertainties will not diminish as I hope for a stable feed for my family and for savings as much as possible. What is your situation in your country ? Are you going to experience some economic turmoil as well ? Please let me know.

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