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Topic: Is the economy situation in your country that bad? - page 20. (Read 39658 times)

sr. member
Activity: 336
Merit: 250
Actually , the economic situation in my country is making the government , the public companies and the private industries to struggle to be able to pay their workers at the end of each month . Global crisis has affected a lot of north African countries and our financial situation is really going through a very bad period now , for example Euro is worth 3 units of our currency so even travelling , import and purchasing anything from Europe became very hard since our money is worthless compared to Euro or dollars and inflation got the best out of us .
full member
Activity: 238
Merit: 100
Medichain: The Medical Big-Data Platform
I live in Norway, and the economy here is pretty good. We make a lot of money from oil which we put into an investment fund. This investment fund is huge (like 8000BN NOK, so about 1 trillion USD). This fund is supposed to be used for pensions in the future. And there's a lot of old people, and they just keep getting older, so we're actually struggling to finance all the future pensions.
newbie
Activity: 8
Merit: 0
No it is not it is just fun to have hope that you can actually become millionaire by something like this you can just save it all for later and then cash it out by the meantime you just live with the salary you get from your regular job.
sr. member
Activity: 360
Merit: 250
The economical situation in my country is not bad but not good too. Year after year the number of unemployed people increase and the government here can't really help this people, so that's causing many social problems. But in general the situation is better than many similar countries.
full member
Activity: 574
Merit: 100
It seems there are bad news all around with doom and gloom. Trade figures going down, jobs cuts, security situation not going well, and bad loans.

Is the economy situation in your country that dismal? Or this is just some fear mongering?



Media primarily reports and publish negative news because it has been proven that what caught most people's attentions though it affects bitcoins market greatly the long term value of the bitcoin will not be affected by a mere current event and news. Bitcoin is starting to pass its doubtful stage and even now manage to step up and be known all throughout the world from some shady websites mode of payment to trust worthy and promising investment opportunity.
full member
Activity: 228
Merit: 100
Since the monetary crisis in early 1998, I think almost every country is experiencing an economic crisis, as well as my country, here we feel the impact of the crisis, from the declining number of trades, many factories bankrupt, many workers stopped, ultimately impacting more and more unemployed , and increased crime. hopefully this soon ends

Yeah, even stron european countries are under risk of a possible economical crysis. Look at spain, italy, greece. These faced serious economical problems is the past. In my country, yeah, the economic situation is really bad. And it's not getting any better.
newbie
Activity: 29
Merit: 0
Men and women in our place are getting deprived of hope these days. And the concern is not regardless of whether they obtain considerably or tiny, this is a subjective thing. And hope, from my position of view, is an goal issue. If you do not have hope for tomorrow, if you understand that tomorrow it will be even worse and absolutely nothing can be carried out, and will do what they did not, then there is no prospect for the place.
full member
Activity: 378
Merit: 100
Here in our country, the currency is getting weak versus USD but according to economic analyst, the economy is still strong. Disadvantage locally but advantage to those who work abroad.
I can notice that there are a lot of unemployed people, with work but not regular. The goods are getting high but low salary/income.
Even though we are termed a developing country in the world, according to some research i have done, We pay even more money for the use of electricity in my country and we even pay more for the fuel such as petrol and diesel for our cars. So things are not easy here at all but we are indeed surviving.
My country still a poor country and when I compare the economy of my country to neighboring countries, to be honest the economy of my country really bad. But I still normal at here, there is no reason makes I boring, that is the problem of my country and all people live at here. So, if I want to change that, I need to become rich first.
sr. member
Activity: 588
Merit: 256
Since the monetary crisis in early 1998, I think almost every country is experiencing an economic crisis, as well as my country, here we feel the impact of the crisis, from the declining number of trades, many factories bankrupt, many workers stopped, ultimately impacting more and more unemployed , and increased crime. hopefully this soon ends
newbie
Activity: 41
Merit: 0
The overall situation is really bad, but some spheres like IT feels beautiful. Basically, all the corruption occurs in the legacy industries and our top criminals haven't yet riched IT. Moreover, we have really low fees (only 5% + 30 dollars each month), so programmers can feel really comfortable. But it seems to be ok until you face the reality in the country
newbie
Activity: 28
Merit: 0
My country has a average salary of 350$. It's really fucked up.The teachers, doctors or engineer earn a maximum of 500$
full member
Activity: 196
Merit: 100
Economic stability of one's country was affected by the gross national product and income  on the natural resources of the country.  But most of the times, it has most influenced by the political leadership that implements the regulations and policies. Like in my country, many of my countrymen chooses to work abroad to help in increasing the financial and economic stability of their families.  But due to some policies and regulations, like for example, Tax implementations,  it becomes burden to the families staying here although they were receiving good money from their family members in abroad.  Yes! members working in abroad might don't have taxes but when they send the money here in my country and their family use it, that's the time that tax will be applied in every products and services.  And we know here that political will of other implementors were leading to graft and corruptions and those funds were from the taxes paid by the people.
full member
Activity: 131
Merit: 100
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I cannot remember a single time in my life when the economy was seriously bad in my country. I guess we are just lucky. Smiley
full member
Activity: 174
Merit: 100
Economic in my country not too bad , even though there are many unemployment attributable to a lack of job opportunities.
hero member
Activity: 1034
Merit: 558
hmm, if there is more expensive energy than in other countries, why someone doesnt build power plants there. such companies could make a lot of profit.
and what was the reason for all factories closing down??
hero member
Activity: 1302
Merit: 503
Here in our country, the currency is getting weak versus USD but according to economic analyst, the economy is still strong. Disadvantage locally but advantage to those who work abroad.
I can notice that there are a lot of unemployed people, with work but not regular. The goods are getting high but low salary/income.
Even though we are termed a developing country in the world, according to some research i have done, We pay even more money for the use of electricity in my country and we even pay more for the fuel such as petrol and diesel for our cars. So things are not easy here at all but we are indeed surviving.
- I think that if the cost of electricity and water is high, and the fuel is also high, your income will also gradually increase because you live in a developing country, governments want to improve their living and development, they will gradually raise the cost of living for the purpose of social development, they want to promote faster development. If you live in my country, you will see the economic situation is very bad, low income, too much unemployment, high cost of living, backward industry, the government does not care about people, they collect more taxes and corruption, I worked very hard and the effort to exist, you should feel lucky when you are living in a developing country
sr. member
Activity: 644
Merit: 259
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Here in our country, the currency is getting weak versus USD but according to economic analyst, the economy is still strong. Disadvantage locally but advantage to those who work abroad.
I can notice that there are a lot of unemployed people, with work but not regular. The goods are getting high but low salary/income.
Even though we are termed a developing country in the world, according to some research i have done, We pay even more money for the use of electricity in my country and we even pay more for the fuel such as petrol and diesel for our cars. So things are not easy here at all but we are indeed surviving.
hero member
Activity: 2464
Merit: 594
Here in our country, the currency is getting weak versus USD but according to economic analyst, the economy is still strong. Disadvantage locally but advantage to those who work abroad.
I can notice that there are a lot of unemployed people, with work but not regular. The goods are getting high but low salary/income.
newbie
Activity: 56
Merit: 0
In my country economy is not developed, we have nothing. Not enough work, we have work but salary is very little, more money will be given for renting flat. We dont have factories, all factories was closed or will be closed in the near future. Percent 80-90% of products which we are selling are from other countries. We trying to survive how is it possible.
sr. member
Activity: 952
Merit: 251
It seems there are bad news all around with doom and gloom. Trade figures going down, jobs cuts, security situation not going well, and bad loans.

Is the economy situation in your country that dismal? Or this is just some fear mongering?



I guess its just moderate. I can see developing areas and tourists are still coming. Mostly the peace and order and the unevitable typhoons are reasons for sudden economic crisis. However, we are so resilient after every storm we manage to rise again. That is exacly what we need to boost our economic situation.
No all the people are having the bitcoin and they are aware of the economical condition of the country because almost all the people are investing in the bitcoin and this will make the circle of the bitcoin get more and more wide so hold the bitcoin and increase the price and the importance of the bitcoin as the side investment. So it is the time for the people to get the profit and the investment at the same time.
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