Topic: strange indicators to know economy is bad - page 2. (Read 723 times)

having a lil think..

hammer & screwdriver index: people preferring to do DIY instead of calling a repairman
band-aid index: for countries without fre national health, prefer to sort injuries themselves instead of visiting a doctor
woolly sweater index: people wear thick clothing at home instead of using the central heating
hand-me-down index: people getting thrifty/charitable with clothing instead of buying new
dish-cloth diaper index: using re-usable washable fabric as diaper/sanitary pads instead of commercial single use products

I agree with your opinion, if people have to be more independent in making their economy better, because by hoping that the government can help our economy, it doesn't necessarily mean that the government can channel it appropriately so if we don't think for ourselves then we won't be able to meet our own needs. ourselves, so it would be better for us to do it ourselves to improve our own economic situation.

I think everyone has a different way of using the income they have, but if we have enough income then it would be better for us to take care of ourselves so that we don't become a conversation among other people about our appearance.

having a lil think..

hammer & screwdriver index: people preferring to do DIY instead of calling a repairman
band-aid index: for countries without fre national health, prefer to sort injuries themselves instead of visiting a doctor
woolly sweater index: people wear thick clothing at home instead of using the central heating
hand-me-down index: people getting thrifty/charitable with clothing instead of buying new
dish-cloth diaper index: using re-usable washable fabric as diaper/sanitary pads instead of commercial single use products

2. diaper rash - parents wouldn't mind if their kid's diapers are already full during an economic crisis and are not neglectful when it comes to the diaper turning yellow during an economic upturn.

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but here are indicators to confirm we really are in an economic downturn.
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Hyperinflation, is a most noticeable sign that the economy is in the worst situation, the reason, well the one that I can blame is a corrupt government, wars (any kind), because all the government and rich people wants power, in a bad way.

That's why this world where we live in will never have the peace and success that all of us will attain, because we have different goals, and most of the powerful people in the world just wanted to show how powerful they are that they can destroy a country just because they wanted its resources or anything that will benefit them.

I think that a bad economy is not only measured in the rise of the price of the goods, but there might also be other indicators to know it. On many well-developed countries, the price of their items are also high but their economy was still in a healthy condition. I know it's crazy but I think an increase in the price of the goods might also be beneficial to those people behind them or to the ones who create/produced them and to the economy in general, so we should also think about this before we complain.

In terms of salary, I think this doesn't has to do with the economy most of the times, but it only has to do with the company that you are working with. You better switch jobs and find a better paying one.

In my opinion, salaries should be measured by the minimum wage standard in an area, if our salary is several times the minimum wage, then I think we can live decently, but most people have a high lifestyle, so any salary seems not enough to cover it. . therefore everyone's standard of living is different, it would be a shame if we lived only according to prestige, because most of what happens is like this

It is even worse than that, it is not that people have money and they are refusing to spend it, people simply do not have money and they need to learn how to make more with less, since they are not paid the same as before and everything is more expensive.

And it makes sense that restaurants as a whole are one of the first sectors to be affected by an economic crisis, after all restaurants sell their dishes for a price many times higher than what they paid themselves for the ingredients to make the food, and when people have to cut costs, eating at a restaurant is one of the first expenses to go, since you can eliminate it and replace it by just cooking your own food.

those are all indeed strange indicators but I guess when economy is getting worst and worst by the day anything related to being consumtive would definitely decrease, its not necessarily all these strange indexes but anything that cause you to pay bill you will reduce it, therefore it might be better to call it reduction of money circulation around the people when economy getting worst because people are not eager to spend money in difficult times.
I even have found some strange indicator as well like when the economy was bad, so few people are actually going to some restaurant but instead going to kfc and mcdonalds because their cheap junk food are the best at difficult times.
the restaurant are becoming irrelevant because people think of it as unnecessary when you can find something to fill your belly for few dollars why come to restaurant and empty your wallets.

The economic downturn is a biased situation that brings about downfalls and limitations to human services and exchanges that also could bridge about appreciatable lifelines where as the poor can't afford to qualify demands even if it is not one of the expensive demands.
No one was meant to be denied good health, good educations, good foods, living and having smiles on the face but the reigns of economy downturn has ruined it all.
The resultants of economy downturn is a service that has offered the masses disruptions towards their endivoirs or engagements and also brings about relationship bridges and also gets the poor irresponsible reputations that they are unable to take response to their responsibilities.

I did know that such indicators exist. They are not entirely strange bit I would call them less common indicators. From off the top of my head, some other less likely indicators include -
- cellular call index- people may make less call during a recession to save money on cal bills
- brothel index- people are less likely to visit brothels and strip clubs during a recession.
- shortlet index -hotels and rental businesses are affected. Less travels and sleepovers.
- gambling/casino index- people gamble less or restrict their gambling activities during an economic downturn.

we know the economy is bad when gas prices have already gone up and all the rest of the stuff we usually buy in the grocery store is up 15%. and because your salary is just what it was the last 2 years, your situation is just as bad as the rest of us. we are in a recession. one reason more economists wanna be think we are in a recession is because we hear it on the news too.

but here are indicators to confirm we really are in an economic downturn.

1. butter popcorn index - people go to movies regardless of how bad the movie is. they just go see movies to just get away from their problems. but when the economy is bad, just sit and watch netflix.
2. diaper rash - parents wouldn't mind if their kid's diapers are already full during an economic crisis and are not neglectful when it comes to the diaper turning yellow during an economic upturn.
3. plastic surgery index - plastic surgery index is generally down during rough times as women wouldn't mind how small their boobs are than when the economy is booming.  
4. lipstick index -  women wouldn't spend much on expensive lipsticks so sales are gonna be bad for lipsticks compared to the times when economy is great.
5. japanese haircut index - during a good economy, more people in japan will take care of themselves and get their looks neat and they're not doing this during bad times. women don't go to beauty parlors.
6. bike fatality index - during an economic crisis, people use bikes often or can't afford cars so more bike accidents happen.
7. men underwear index - men especially singles don't mind wearing underwear with a couple of holes in it, no one sees it anyway. men buy less underwear during economic downturns.
8. garbage index - less garbage because people buy less when the economy is bad and buy more when times are good so more garbage everywhere.
9. unclaimed body index - during a bad economy, dead people are not claimed in the morgue. horrible index to look at how bad the economy is.
i'm sure people take care of their family when they die. can't believe this is happening.

i'm sure there are some more, there is also a "beer index" where people prefer to just buy 6 packs and go drink at home rather than a bar.
a few months ago, i bought my kid a secondhand laptop rather than a new one because it's expensive, i think this is also an indicator. and i know he'd break it sooner.