In our country, the news says that the economic status of the country is improving but that economic growth is yet to be felt by the common people. Mininum wage is still below living standards and umemployment is still high. If there is really economic growth, it may still be years before common people feel the effects of it.
The news won’t tell you anything, even if the economy situation is bad they won’t bring it up, all of that is because of political situations, some countries have a good economy because of the geopolitical situation are in so for example, countries in the middle east and north Africa have their economy fucked up because of wars and conflicts there. 
Topic: Is the economy situation in your country that bad? - page 57. (Read 39658 times)
In our country, the news says that the economic status of the country is improving but that economic growth is yet to be felt by the common people. Mininum wage is still below living standards and umemployment is still high. If there is really economic growth, it may still be years before common people feel the effects of it.
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?
In my country later this year ecominya instead continue to increase. due to the many foreigners who work in my country this might be a positive impact in the future. I hope my country ekominya stable Is the economy situation in your country that dismal? Or this is just some fear mongering?
I'm venezuelan, so of course it is
I can describe a little bit what the situation in my country. Economics is probably long gone. The average salary of about $ 200 per month. If you calculate how much to spend on heating this winter, so not enough for the two salaries. And still need to eat and dress. After all, winter is on the street. But it is said that the banks have adopted blockchain. I do not know what will happen, but I want to improve the stability and quality of life.
The economy situation in the whole world is getting worst and worst , but what makes it different between the third world and the others is the way people think , you see many people in developed countries think about the future like using bitcoin for example to make lives easier and to make money flow faster , and in developing countries people don't even know what bitcoin is and they don't even bother know what it is because they either don't have the money for it or they are too lazy to work for it.
Ordinary people can not bitcoin. Even if patients know about opportunities and even good quality cryptocurrency, in some countries imposed a ban on the use of bitcoin. Thus, the economic situation will be glowing and power losses avoided because of the use of bitcoin. 
The economy situation in the whole world is getting worst and worst , but what makes it different between the third world and the others is the way people think , you see many people in developed countries think about the future like using bitcoin for example to make lives easier and to make money flow faster , and in developing countries people don't even know what bitcoin is and they don't even bother know what it is because they either don't have the money for it or they are too lazy to work for it.
Or because they don't either have the required knowledge or the proper tools/equipments to obtain that knowledge. Or because there is no news about bitcoin so that they know of its existence.
Or because they have too much work to suffice/fulfill their daily life's needs and requirements.
If people (in developing countries) had known what bitcoin brings to the table, they would have probably sought it long time ago.
The economy situation in the whole world is getting worst and worst , but what makes it different between the third world and the others is the way people think , you see many people in developed countries think about the future like using bitcoin for example to make lives easier and to make money flow faster , and in developing countries people don't even know what bitcoin is and they don't even bother know what it is because they either don't have the money for it or they are too lazy to work for it.
Or because they don't either have the required knowledge or the proper tools/equipments to obtain that knowledge. Or because there is no news about bitcoin so that they know of its existence.
Or because they have too much work to suffice/fulfill their daily life's needs and requirements.
If people (in developing countries) had known what bitcoin brings to the table, they would have probably sought it long time ago.
Yeah, just learned about this month and only because someone I know told me. Had I known this years ago I might have saved up for it, now it cost twice the average salary here.
They keep saying that my country currently have the highest growth rate in Asia. Duh, we're not feeling it. More likely that growth is huge because we've been so behind to begin with.
How can you call a situation where the largest bank of the country in which the customer has half the population, has become a national because of political movements. Truth be honest, I no longer trust the state banks than commercial. More than once there is a decline of the commercial bank. A public stand.
The economy situation in the whole world is getting worst and worst , but what makes it different between the third world and the others is the way people think , you see many people in developed countries think about the future like using bitcoin for example to make lives easier and to make money flow faster , and in developing countries people don't even know what bitcoin is and they don't even bother know what it is because they either don't have the money for it or they are too lazy to work for it.
Or because they don't either have the required knowledge or the proper tools/equipments to obtain that knowledge. Or because there is no news about bitcoin so that they know of its existence.
Or because they have too much work to suffice/fulfill their daily life's needs and requirements.
If people (in developing countries) had known what bitcoin brings to the table, they would have probably sought it long time ago.
Yeah, just learned about this month and only because someone I know told me. Had I known this years ago I might have saved up for it, now it cost twice the average salary here.
They keep saying that my country currently have the highest growth rate in Asia. Duh, we're not feeling it. More likely that growth is huge because we've been so behind to begin with.
The economy situation in the whole world is getting worst and worst , but what makes it different between the third world and the others is the way people think , you see many people in developed countries think about the future like using bitcoin for example to make lives easier and to make money flow faster , and in developing countries people don't even know what bitcoin is and they don't even bother know what it is because they either don't have the money for it or they are too lazy to work for it.
Or because they don't either have the required knowledge or the proper tools/equipments to obtain that knowledge. Or because there is no news about bitcoin so that they know of its existence.
Or because they have too much work to suffice/fulfill their daily life's needs and requirements.
If people (in developing countries) had known what bitcoin brings to the table, they would have probably sought it long time ago.
The economy situation in the whole world is getting worst and worst , but what makes it different between the third world and the others is the way people think , you see many people in developed countries think about the future like using bitcoin for example to make lives easier and to make money flow faster , and in developing countries people don't even know what bitcoin is and they don't even bother know what it is because they either don't have the money for it or they are too lazy to work for it.
in my country the economic situation is getting worse every year. Prices are rising, wages remain at the same level. By Christmas every year the situation is getting worse
some members in bitcointalk are very lucky to have many online projects to work on or to trade digital\physical goods online , because financial depression affect many countries around the world specially the third and the second worlds including my country.
I think there is little bitcoin users in each country. so even though they have a large income and projects in bitcoin or online, it will not make the country's economy be improved? unless the user bitcoin covers all citizens of the
In my country, the situation is quite stable. The economy is performing above average, and the unemployment rates are stable. The currency, has devalued by quite a bit during the last 2 years, and this has affected the net purchasing power. But the problem is not unique to Singapore. Other currencies such as the EUR and UKP has devalued even more than the SGD.
Well, if I was asked that same question 2-3 months ago, I would say that it isn't really that bad but now.....
Economic situation, for investors and stock exchange market, is not bad, but economic situation, for people (and mostly everything else), is way beyond bad. Free floating of the currency, devaluation against USD, fixed low monthly wages, a 10% cut wages for "the love of your country", a high rocket unemployment status/percentage, a huge inflation, lack of some basic nutritional requirements (like sugar and rice), dramatic/drastic increase of prices (110%), lack of exports and imports, a 50% increase of imports' customs taxes, lack of fuel, a 47% increase of fuel price, an expensive taxation on nearly everything (except the air we breathe, thank god), tourism and investments problem and most of all a brainless president and a stupid government that knows shit about running a country.
Oh, by the way, the brainless idiot "president" said that there is no point from learning in schools and unversities, as graduated students won't find any work, so I don't know what we should do.
Economic situation, for investors and stock exchange market, is not bad, but economic situation, for people (and mostly everything else), is way beyond bad. Free floating of the currency, devaluation against USD, fixed low monthly wages, a 10% cut wages for "the love of your country", a high rocket unemployment status/percentage, a huge inflation, lack of some basic nutritional requirements (like sugar and rice), dramatic/drastic increase of prices (110%), lack of exports and imports, a 50% increase of imports' customs taxes, lack of fuel, a 47% increase of fuel price, an expensive taxation on nearly everything (except the air we breathe, thank god), tourism and investments problem and most of all a brainless president and a stupid government that knows shit about running a country.
Oh, by the way, the brainless idiot "president" said that there is no point from learning in schools and unversities, as graduated students won't find any work, so I don't know what we should do.
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?
Is the economy situation in your country that dismal? Or this is just some fear mongering?
Yes, in my country there is absolutely all that problems what you said, also usd rise makes many countries national currencies to fall down that makes chaos in them. Also BitFury opened biggest datacenter here and this situation is making their work in bad because plans aren't going as it was excepted when they invested 50 million for bitcoin mining project.
West coast USA/Canada, yeah it's pretty bad.
There is a huge dip in economic activity and it really looks like we're pushing economic recession status; nothing is like how it used to be 2-3 years ago. Everyone is more stingy with their purchases, a lot of fundamental/basic employment opportunities are some of the only services people are buying, and there's more poor people everywhere.
The economy is slowing everywhere, and we're either on the cusp of a massive economic recession or a constant, slow, unfixable and low-wage economy.
There is a huge dip in economic activity and it really looks like we're pushing economic recession status; nothing is like how it used to be 2-3 years ago. Everyone is more stingy with their purchases, a lot of fundamental/basic employment opportunities are some of the only services people are buying, and there's more poor people everywhere.
The economy is slowing everywhere, and we're either on the cusp of a massive economic recession or a constant, slow, unfixable and low-wage economy.
I'm not connected with the economy in the physical world, but rather in the Digital Revolution... To be honest it doesn't even effect me due to my control of virtual assets.
I started learning after school when I was 13 and now hold assets bigger than most 40 year olds. I provide secret services over online venues + establish viral content. No matter my relation directly I also consult about how others can better their life in order to gain traction with others.
Right now every country is in suffering so nearly everybody is effected negatively. It was my belief to jump into a gold rush to end up ahead of those around me so I can survive... Surprisingly it came quick and now I focus on reinvestment + increasing the quality of my development.
Many miners stuck with Bitcoin, but I entered Internet Marketing instead and seem to have ways forward without relying on investments or gaining luck to obtain growth.
I started learning after school when I was 13 and now hold assets bigger than most 40 year olds. I provide secret services over online venues + establish viral content. No matter my relation directly I also consult about how others can better their life in order to gain traction with others.
Right now every country is in suffering so nearly everybody is effected negatively. It was my belief to jump into a gold rush to end up ahead of those around me so I can survive... Surprisingly it came quick and now I focus on reinvestment + increasing the quality of my development.
Many miners stuck with Bitcoin, but I entered Internet Marketing instead and seem to have ways forward without relying on investments or gaining luck to obtain growth.
i think almost a whole of world have those situations and including also in my country because currently almost on every years college fresh graduates become unemployment because small chance to get decent jobs and the bad impact is criminal acts has increasing day by day
I have hope on the way.
Because young people are much smarter. I believe that as soon as they young people are governed, the country will improve.
Unemployment is the problem of the world.
As technology improves, unemployment will increase.
Instead of pushing yourself to the industry, why not make your own business/company? People do startup projects all the time and as a fresh graduate, you should recall your past lessons easily. You don't necessarily have to get hired by someone in order to earn money. You know for a fact that you don't have any job waiting for you, then you should've started applying even before graduation.I have hope on the way.
Because young people are much smarter. I believe that as soon as they young people are governed, the country will improve.
Unemployment is the problem of the world.
As technology improves, unemployment will increase.
But let's just say that the economy is really bad and you can't get any work, then you should make use of your knowledge and find out how to make money out of it. Tutor people, buy and sell stuffs (i.e. sell books, sell laboratory materials) for the meantime. Eventually, there would be an employment spot that will open. Make sure to always be updated. Some cannot wait so they go to work to a company that isn't that much related to the course that they took in college.
Starting a business is a good idea but one that perhaps should be tempered by caution especially for fresh graduates with no experience. I say this because that's what I did and for a string of bad luck events I ended up heavily in debt from a failed venture in my mid 20s. At that point til today a decade later I envied my peers who went for stable civil sector jobs.
It's great to see success stories but don't be naive... for every success there are probably scores of failures.
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