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Topic: Is the economy situation in your country that bad? - page 38. (Read 39658 times)

sr. member
Activity: 574
Merit: 250
My country is not free from the economic hardship experience all over the world. High level of poverty, inadequate infrastructure, numbers University graduate keept on increasing without job to commensurate the number. Inflation rate is on the high side, price commodities has skyrocketed in recent time. The situation here is pathetic.

Most of the countries aren't free economically. But good thing in my country the economy is becoming to be stronger as a lot of projects are being implemented and infrastructures are being built until the end of the term of our leaders here. And its' going to be one of the best thing if they are going to accept bitcoin.

I can see it a greener pasture of our economy soon and our country will not be bad compared from previous years passed. The freedom we had now from bitcoin generally provide good income to the people of the country, by earning good amount of money from bitcoin currency. Therefore it wouldn't be hard for the people who participated from bitcoin economy to solve their spending needs because of bitcoin.
hero member
Activity: 3080
Merit: 603
My country is not free from the economic hardship experience all over the world. High level of poverty, inadequate infrastructure, numbers University graduate keept on increasing without job to commensurate the number. Inflation rate is on the high side, price commodities has skyrocketed in recent time. The situation here is pathetic.

Most of the countries aren't free economically. But good thing in my country the economy is becoming to be stronger as a lot of projects are being implemented and infrastructures are being built until the end of the term of our leaders here. And its' going to be one of the best thing if they are going to accept bitcoin.
full member
Activity: 519
Merit: 101
My countries economy is so bad that corrupt politicians are living a rich and good life while there are many people who suffers from unemployment and starvation, poverty. There's even this guy that attempted to robbed the casino tokens that he expected that has a value in the outside world but only to find out that its has none, this guy was drowning in debt and has a million debt in banks that's why his wife and kids left him because of his gambling addiction that motivates him to reck havoc in a casino and killed countless people and in the end he killed himself.
i think your country is phillipines.i heard that news the person who attempt to rub all tokens in casino worth a billion pesos.and i really agree of what you have said that some politician of that said country is corrupting all the money that came from the peoples tax.it is really a big problem. I really do hope that the new administration will cut this corruption off.

The new administration is our only hope to end this corruption to the government. If their not end this, maybe lot of people may suffer and those who corrupt just fill their money came for people that pay their taxes. While war against terrorist are not yet done, hoping that this war will end soon.
sr. member
Activity: 812
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 think all country are facing that kind of a problems. But mostly, crime, drug syndicate, killing and others are the common things happened. But honestly, our country now is fully changing little by little because our President performance is totally awesome and amazing. So, therefore if I'm going to average it to 100% I can rate it to 90% average.
sr. member
Activity: 1148
Merit: 300
My countries economy is so bad that corrupt politicians are living a rich and good life while there are many people who suffers from unemployment and starvation, poverty. There's even this guy that attempted to robbed the casino tokens that he expected that has a value in the outside world but only to find out that its has none, this guy was drowning in debt and has a million debt in banks that's why his wife and kids left him because of his gambling addiction that motivates him to reck havoc in a casino and killed countless people and in the end he killed himself.
i think your country is phillipines.i heard that news the person who attempt to rub all tokens in casino worth a billion pesos.and i really agree of what you have said that some politician of that said country is corrupting all the money that came from the peoples tax.it is really a big problem. I really do hope that the new administration will cut this corruption off.
hero member
Activity: 1190
Merit: 500
In my country there is always a positive signal, but for some reason they never come true. The economy is not growing. The government says that the economy is growing but of the government that no one else sees.

In Venezuela, the economy is terrible and people are suffering from poverty. If you have a positive signal in your country, pray to God. Some countries like mine are horrible.
Actually the government plays an important role in the economy of a country. Policies that benefit the people should be prioritized so that the economy will improve but what governments do in poor countries is corruption for their own personal interests. This happens a lot in poor countries
full member
Activity: 192
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?


The economy in my country is not growing compared to other countries in the world. Especially in the countryside where I live. The people here are very hard, earning money very hard. Daily only 50,000 VND. Life does not grow. So I came to bitcoin to change my life.
hero member
Activity: 980
Merit: 507
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?


Recession is all over the world. Lot of people lost their jobs. Unemployment is on a rapid scale. Countries like Syria are going through hell. Trump won the US election with the help of Vladimir Putin. People are starving, homeless and the rich are getting richer and poor are getting poorer.
hero member
Activity: 588
Merit: 500
My country is not free from the economic hardship experience all over the world. High level of poverty, inadequate infrastructure, numbers University graduate keept on increasing without job to commensurate the number. Inflation rate is on the high side, price commodities has skyrocketed in recent time. The situation here is pathetic.

Same in my country. You work nonstop so you can fund yourself to college and after graduation, there's not even a slot for the job that you want. Most people in my country becomes a call center agent regardless of their career plan and their degree. They have no other choice but to accept that. There are companies that are hiring but the pay rate is ultra low. Working at a call center is a lot better.

Since I have friends that are already working, I know the situation out there. They can't buy anything at all. They can't save money because the salary doesn't pay enough for a living. You have to work for 3 years with very low salary before you get raise. Until then, you will be eating like a rat because otherwise you would be buried in debt.
sr. member
Activity: 1330
Merit: 291
My country is not free from the economic hardship experience all over the world. High level of poverty, inadequate infrastructure, numbers University graduate keept on increasing without job to commensurate the number. Inflation rate is on the high side, price commodities has skyrocketed in recent time. The situation here is pathetic.
sr. member
Activity: 1400
Merit: 269
My countries economy is so bad that corrupt politicians are living a rich and good life while there are many people who suffers from unemployment and starvation, poverty. There's even this guy that attempted to robbed the casino tokens that he expected that has a value in the outside world but only to find out that its has none, this guy was drowning in debt and has a million debt in banks that's why his wife and kids left him because of his gambling addiction that motivates him to reck havoc in a casino and killed countless people and in the end he killed himself.
full member
Activity: 471
Merit: 102
In comparison to years ago yeah sure the situation is more difficult with high inflation and huge unemployment.
sr. member
Activity: 371
Merit: 250
In my country there is always a positive signal, but for some reason they never come true. The economy is not growing. The government says that the economy is growing but of the government that no one else sees.

In Venezuela, the economy is terrible and people are suffering from poverty. If you have a positive signal in your country, pray to God. Some countries like mine are horrible.
legendary
Activity: 2534
Merit: 1338
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?


Most countries of the world are in bad shape financially and with new developments in technology that keeps displacing jobs and the jobs that are being created not being enough and with low pay, then it is safe to say that most parts of the world are not at their best at the moment, like always there are going to exceptions but I think this is a global thing and not something that is happening to a particular country or region.
sr. member
Activity: 406
Merit: 256
In my country there is always a positive signal, but for some reason they never come true. The economy is not growing. The government says that the economy is growing but of the government that no one else sees.
full member
Activity: 252
Merit: 100
In my country, Philippines, the economy is really really strong. This is a fact and not just my opinion.

The number one reason for this is because of the OFW or Overseas Filipino Workers. It is common in the middle-class family in the Philippines to have a parent or both parents working abroad. Thus, a lot of money that is earned by the OFWs are being spent in the Philippines. Money is going in the Philippines.

Another reason is the businesses that are created in the Philippines. Our country have good relationships with different countries and created business ventures with them. The Chinese, Japanese, Korean and American people are the common business investors we have in the Philippines. The relationship we had in these countries kept the investors coming in thus increasing the money being circulated in the economy of the Philippines. In addition, these businesses are being partnered with a Filipino citizen because there is a law in the Philippines that no foreigner can fully own a business in the country.
legendary
Activity: 1120
Merit: 1000
The economy situation in my country is very bad and our government have given it name recession telling us they are fighting corruption in the system so as to grant us a better future.
increasing population in big  population countries and the corrupt government in back world countries is the main reason for bad economic conditions of that country. i think we need to over these problems as soon as possible.
full member
Activity: 196
Merit: 100
Yes,due to demonitization,most people are suffering from unemployment.Country's GDP rate has reduced from 7% to 6.1%.People suffered to even take their money from ATMs.Industrial production has gone down.Peope were forced to deposit their money in banks but not allowed to take back their deposited money.
hero member
Activity: 713
Merit: 501
Last year my country's economy went to a recession and inflation.... Not just that but my country's unemployment rate is also high.. I think now is the time to save some money for future purposes and this would be bitcoin

I think you need to earn money and then convert them to bitcoin right away. Save yourself from the inflation, you don't know when is the next wave. If you're still doubtful about bitcoin, you can just buy a property like a land or a house. It's a much better way to store your money. But be aware if there's a tendency for the place where you're buying the property to become a ghost town.

There are places all over the world where there are good houses but they have zero value because there's no more people in that town. This usually happens when a town has become so left behind by the surrounding towns. People just migrate and leave the town valueless.
sr. member
Activity: 434
Merit: 255
In our country, the economic situation is very bad, because the state does not care about its citizens at all and the budget money is used not for its intended purpose. Well that there is the Internet and digital currencies that help to earn.
This situation occurs in many countries. The situation is slightly better in States whose currency is used by other countries for investment and protection against inflation, but it only postponed the debt that someday will be a disaster for the economy of these countries.
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