Is the economy situation in your country that bad? - page 62.

yayayo

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Quote from: wikenpp on October 20, 2016, 08:01:51 AM

In my country we were in the crisis but if I am correct then we are official out of the crisis for almost a year and you do notice it it a bit but also not that much. [...]

Do you believe in official announcements? The simple truth for the vast majority of Western economies is that there is no sustainable economic growth besides artificial short term effects due to quantitative easing. In fact, real growth is clearly negative if you take inflation into account. For the US see here:

http://www.shadowstats.com/alternate_data/gross-domestic-product-charts

It's well known that governments bend statistical indicators to maintain the public impression of a healthy state of the economy. That is, because a negative impression of economic health carries negative psychological implications that may lead to even worse economic activity. After all, the power of governments depends a lot on the public perception of economic health.

So far, none of the factors that led to the crash 2008 have been resolved. Instead new risks of extreme proportions have been generated by quantitative easing and debt expansion in a desperate attempt to buy time.

ya.ya.yo!

wikenpp

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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?

In my country we were in the crisis but if I am correct then we are official out of the crisis for almost a year and you do notice it it a bit but also not that much. I have a job so it did not effect me as much as it has effected other people or my country as a whole.
But in my country it is all light if you are going to Greece and stuff there is where it goes down at if you look at the economy.

Yakamoto

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The economy in Canada isn't that bad, however, it is definitely taking a turn for the worse and by the looks of it the government is going to keep throwing us into a deficit saying they'll repair infrastructure and so, which is (apparently) never going to happen based on the spending habits.

Oil basically has to turn back up soon, otherwise one of the biggest economic provinces within Canada will start giving out a lot less.

tabas

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Quote from: mindrust on October 19, 2016, 02:31:42 PM

In my country, It is worse than bad.

I don't get surprised though, our shithead politicians depend too much on real estate sales. Real Estate sales provide fake growth on economies. It is not beneficial in the long term. Fuckheads soon learn it well.

The same thing in my country, even though the government is having a good fight against corrupt politicians. But these corrupt politicians are also fighting against them. So what is happening here is that blood against blood, brother against brother. As long as they are going to claim power no one will humble and the country will be in debt.

fatima zuhra

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i do not think so.i think the economy condition of my country is not so bad and hope in coming days the economy condition of my country will become more and more stringer.

mindrust

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In my country, It is worse than bad.

I don't get surprised though, our shithead politicians depend too much on real estate sales. Real Estate sales provide fake growth on economies. It is not beneficial in the long term. Fuckheads soon learn it well.

Mastsetad

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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.

A lot of countries are facing problems like that but i guess the center of this discussion is not that, because in your case the economy may not be bad but it is held back by the politicians which is completely another thing to be discussed, as if i talk about my country the thing would be the same, corrupt politicians and all, but the economic problem has not yet been encountered as asked in the title.

kryptqnick

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In my post-Soviet country economical situation is very bad. Food is rather cheap and you can manage to live for 50$. But renting a flat costs more than an average salary. Medicine is not cheap as well. Oh, and about 3 years ago it was a lot better. Prices were two times less then now almost on everything and salaries were mostly the same.

arseaboy

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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.

pooya87

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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?

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.

20kevin20

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In my country, it's not. I always hear people complaining about their salary and stuff, but the restaurants and pubs and supermarkets are FILLED all the time completely. I have to stay sometimes even ten minutes for my turn at shopping, which is insane. Where does that money come from if they don't have...?

Financial_Genius

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The special stability of this cryptocurrency has never been. Many experts recommend not to panic and claim that Bitcoin will continue to grow. The Western superpowers like the US and UK, a positive attitude to new technology. Some countries, such as Canada and Australia is still discussing what to do with Bitcoin and is it worth anything to do. And a number of other countries have already decided against digital currencies.

shanem

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Economy is bad in my country since 2008. Although there was a brief recovery in 2009, it did not last as that recovery was funded by the expansion of credit. Now the economy is contracting and many jobs are lost as companies are retrenching their workers.

olubams

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Quote from: sasha456 on October 17, 2016, 04:07:30 AM

In my country the situation is not good at all. It's too bad and it's very bad actually. Every citizen can make his life better or not, but the Government will surely don't do that.

I think the economy being bad is actually general to all countries in the world because the best of the economy, the people there still believes it can get better. But the only thing I know is that its worse in some countries than some other. Here, in this country I am, things are not smiling, individuals are complaining, companies are complaining, declaring losses, laying off workers, inflation is crazy among other things. Hopefully, the government can actually do something about it...

buyinbtc

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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?

Well economy in my country is not very good, but i can't say that it is worst it could be, as people still have work and earn, and there are not many jobless out there

Galer

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For now my country keep improving the economic standing and they make more programs and platforms that can benefit peoples and my country also

lucki777

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yes that is a fact the the ware and terror has really effected the economy of our country actually we are in war zone and therefore we are more effected than any other countries..

noictib

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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?

yes , it is a reality at the current time and about every people has fear of secure future and life and money problem .
still the bitcoin is helping me to get ride of from these type of fear .

bitbunnny

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It's bad in my country too. But not for all. Some people are very rich and have plenty of everything, some are hardly surviving. Politicians keep promising that it will get betr but nothing actualy happens.
Some people see they way out in alternative, like Bitcoins, but there are just a few of them. Many others are leaving the country to find better life elsewhere.

Adelajda

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Quote from: sasha456 on October 17, 2016, 04:07:30 AM

In my country the situation is not good at all. It's too bad and it's very bad actually. Every citizen can make his life better or not, but the Government will surely don't do that.

this could be the situation in almost all of the countries right now after the global meltdown Greece has not recovered fully and that is the case with most of the countries, not only that oil prices have taken a hit and all the oil producing countries are facing a major crisis and it will have an impact globally,terrorism is another factor for the crisis .

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