Is the economy situation in your country that bad? - page 61.

goradyne

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Quote from: sbtctalk on October 16, 2016, 05:07:59 AM

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?

Here in New Zealand, population growth is at 50 year highs, meaning a larger economy where more people are spending money. BUT a lot of this population increase is from temporary visa's, so they have to go at a point. Now once these people begin a mass exodus, the companies who would've upgraded to cater for this "enlarged" economy will be forced to scramble for the new, smaller market. unemployment shall ensue.

blockman

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I don't really care about the situation of my country's economy. But I guess it seems that many investors are coming back to the USA because of Trump's initiative that he is going to focus with his countrymen and empower its economy. And I guess that is making our economy lower in terms of investment because of that.

KennyR

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In our country the financial scenario doesn't seem to be worse similar to other countries that were facing hard financial fall. Though the GDP has fallen than the past situations haven't gone bad. Expecting a good growth by the

sanakhan1

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economy situation is not good because my country situation is not good , soon we have good economical environment Wink

markyminer

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Quote from: sportis on December 14, 2016, 06:47:36 PM

In my country the economic situation is really bad. That is, the unemployment rate is about 23% where the youth one is more than 46%, the debt as % of GDP is more than 170%. The worst of all is that it does not seem to an end and the feeling is that probably the worst is ahead.

as the population of the world is increasing rapidly therefore most of the countries of the world are facing these problems, in my country the economic condition is not good good but its average, the employment rate is increasing continuously, hope bitcoin will be helpful in controlling such kind of situation.

bohr

sr. member

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We need to differentiate, how are we doing ourselves, from, how our country is doing, I'm doing OK I could be better but I suppose that is true for most people, but my country is not doing very well, and it seems it is going to get really rough in the next years.

drakker

sr. member

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Yes. Wages from capital city and province are different. Too many people demand job but less job opportunities. That is why some of our fellow mem/women go to different country to seek for a job. And our fiat to dollar conversion is too high.

TastyChillySauce00

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Quote from: LTU_btc on December 14, 2016, 06:59:10 PM

Situation in my country isn't good, but economics are growing slowly. But there are some problems: all investments goes to 2 biggest cities and in province there low possibility in province to earn good money. This is why there are many people migrating to Western Europe. Another problem that there are growing separation between poor and rich people.

The gap between the rich and the poor are growing bigger time by time and if it wasn't prevented then there might be a problem some countries need to face in the future. And that's really usual thing that the investments are centralised in a specific place such as countries' capital city thus make the development outside there is not as good as compared to the capital city which is growing so fast and the rest are just slowly developing and much poverty.

LTU_btc

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Situation in my country isn't good, but economics are growing slowly. But there are some problems: all investments goes to 2 biggest cities and in province there low possibility in province to earn good money. This is why there are many people migrating to Western Europe. Another problem that there are growing separation between poor and rich people.

sportis

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In my country the economic situation is really bad. That is, the unemployment rate is about 23% where the youth one is more than 46%, the debt as % of GDP is more than 170%. The worst of all is that it does not seem to an end and the feeling is that probably the worst is ahead.

Tanic

sr. member

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I live in Russia. And all the finances that the government is getting from the taxes that people pay are going for army and Syria. Everybody forgot that people inside are need money and support much more.

groll

sr. member

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In my country economic situation is not that bad its worse but what makes it worse is not the economy itself but the kind of governance the previous administration has made the country. As of this moment with the new administration we expect changes in the economy and hopefully we become competent and more stronger. With this ill update my post if there are significant changes in the Philippine economy by next year

CasioK

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Quote from: arseaboy on October 19, 2016, 11:53:59 AM

In my country I say it is bad.. there are a lot of factors why it is bad and the main reasons are the politicians. They are the one whose holding back all the funds that can be given to the people and use it for livelihood. Corrupt politicians are like cancers in my country and hopefully our new president will eliminate these alligators so we can move to progress.

Same thing with me but as in the case of politician but as regard to the economic condition I will say is not that bad but moderate. I try as much as possible to contribute my quota to the deveopment of the economy by been a patriotic hardworking citizen. Hopefully bitcoin may stir up people here by proving effective part time earning opportunities, that may contribute to nation's economy growth significantly.

mishra1994u

full member

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My country has one of the biggest problem of unemployement may be most number of unemployed person in world is in my country,not because of the ability but because of bigger population and not many oportunities or not more available jobs.Dont know how this can be solved.

mace15

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Quote from: choppork on October 16, 2016, 07:17:44 AM

Back then, the economy of my country was really good. It used to be 1$ = 2PHP in my country. But now, 1$ = ~45$. It is because of all those corrupt governments that handled our country. Today, the economy is starting to be great again because of the new President. It has just been 100 days and there's a lot of changes and all of them are positive, and that includes the economy.

I believe that our country's economy is rising again, since we have a new
president in Philippines. Because of our new president our economy has a
good future.

X-ray

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Quote from: pooya87 on October 18, 2016, 02:18:02 AM

Quote from: sbtctalk on October 16, 2016, 05:07:59 AM

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?

yes to some extent, but it is the media that sometimes makes it look a lot worse that it actually is.
the worst problem these days is unemployment or in other words finding a decent job that you can earn a living with.

the problem about "not getting a job" is probably caused by overpopulation in your region so it's really hard to find a job and you need to compete
well in this case your govt should teach their citizen to be an enterpreneur not only to be "workers"

Xester

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It was felt in every third world countries and that includes us. But I can say that here in our country, even if we belong in the third world it seems that there is hope. Little by little we felt change. We become more optimistic that our country would turn out to rise again. Contractualization has ended, more jobs have been promised to open. I still have high hopes with my country.

Fatanut

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I think the economy of my country has been good then bad and now it's starting to recover again. We have our new president now, and I guess he's actually doing a good job recovering the damages that the past corrupt government has done. Back then, we had this strict president. He's the one who did that martial law in my country -- the Philippines. He's strict but he did a great job making the economy of our country great. Today, the new president is just like him. He's strict as well when it comes to the law, and he's making a great job making the economy better.

Babayega31

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Quote from: molsewid on October 20, 2016, 08:50:30 AM

Quote from: sbtctalk on October 16, 2016, 05:07:59 AM

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?

Not really since our new president is making a new plan to make our economics really grow and he is trying all the best plan to make our economics grow. Our President is good when they talking about trading and he will do what best for his country and ofcourse the economy situation in my country is best.

The economy is at its normal trend right now in our country our president is working on it to make own stand for economic growth as well as cleaning people from criminalities and making the economy safe for investments from other foreign investors.

molsewid

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Quote from: sbtctalk on October 16, 2016, 05:07:59 AM

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?

Not really since our new president is making a new plan to make our economics really grow and he is trying all the best plan to make our economics grow. Our President is good when they talking about trading and he will do what best for his country and ofcourse the economy situation in my country is best.

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