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Topic: The economy is not hard - page 2. (Read 480 times)

full member
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November 19, 2024, 05:08:33 AM
#35
Stop complaining about difficult economy,  if you have always think the economy is hard you will be managing the little money you have , and you would think it is too difficult for you to invest in something because the economy hard. No matter how the economy may seems so difficult people are still spending money to purchase what they are in need of. Hard economy don't stop people from purchasing what they want, people are spending money everyday. In this hard economy think of what you can buy and sell that people can't do without, this is how to roll when economy seems to be difficult. Hard economy don't stop people from spending money, if you go to the market you will see many people selling and buying. Hard economy doesn't make the market to be scanty or go for break.

From my observations(at least, the economy of my country has thought me enough), people tends to adapt to economical changes. I don't know if others can agree to this, but it's just what I've observed. We all definitely know that the economy of every country doesn't go bad in a single day. It starts like a sickness that slowly kills, and the thing is that people will still adapt (especially for countries where the citizens don't have say and are not allowed to publicly criticize the government or protest).

So, I think, the ability for citizens to adapt to bad economy gives them the moral to hustle hard, which in the case you mentioned, people still buy and sell. But let's not be too quick to place judgement on those who can't afford certain basic things for themselves. The truth is, you and I know that the level of information that people acquire determines what they become. Most people don't usually have access to certain information, even though information requires one to search heavily for them. And again, opportunity are not allows available to everyone.

Economy hardship just require us to find our ways to surviving.
hero member
Activity: 882
Merit: 792
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November 19, 2024, 03:42:53 AM
#34
Stop complaining about difficult economy,  if you have always think the economy is hard you will be managing the little money you have , and you would think it is too difficult for you to invest in something because the economy hard. No matter how the economy may seems so difficult people are still spending money to purchase what they are in need of. Hard economy don't stop people from purchasing what they want, people are spending money everyday. In this hard economy think of what you can buy and sell that people can't do without, this is how to roll when economy seems to be difficult. Hard economy don't stop people from spending money, if you go to the market you will see many people selling and buying. Hard economy doesn't make the market to be scanty or go for break.
Are you joking? Yes, people buy things, if you go outside, you'll see many people buying groceries but that doesn't mean that their life is great and yes, economy is hard. You might not notice that in rich and developed countries but visit poor countries where people work 10-12 hours a day and the max they get is money that will buy them food and rent. Is that the purpose of life? To only work and buy food and pay bills? People complain because they can't buy things outside of this frame, they can't buy good clothes, good tech and so on.

Just because people still spend their money, it doesn't mean the economy is all right.
Exactly, what he says is very strange. Only dead bodies don't spend money. The fact that people spend money doesn't mean everyone's pocket is full, there are many people who sacrifice lots of things in their life to buy a food.
hero member
Activity: 1050
Merit: 592
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November 19, 2024, 03:24:06 AM
#33
Stop complaining about difficult economy,  if you have always think the economy is hard you will be managing the little money you have , and you would think it is too difficult for you to invest in something because the economy hard. No matter how the economy may seems so difficult people are still spending money to purchase what they are in need of. Hard economy don't stop people from purchasing what they want, people are spending money everyday. In this hard economy think of what you can buy and sell that people can't do without, this is how to roll when economy seems to be difficult. Hard economy don't stop people from spending money, if you go to the market you will see many people selling and buying. Hard economy doesn't make the market to be scanty or go for break.
Even if you start selling it doesn't change the fact that the economy is not hard, are you trying to say you selling you are not feeling the harsh effect of the economy the economy in your business. I believe your business is struggling at some point because you can't tell me you are not feeling the heat of inflation.

There are some people who are into business but it is so difficult for them to cope because of the hard economy and some business are struggling and some have been shutdown. It is not everyone who can do business, I don't think life was design this way, it would have been better for you to say people needs to look for an other source of income to double their income. It is possible for people to double their hustling by getting other things doing but I don't think everyone has the energy to go into buying and selling, even if people intend to go trading it won't make any change to make life easy.
legendary
Activity: 3052
Merit: 1188
November 19, 2024, 12:15:22 AM
#32
When the economy is tough, some people complain, and others figure out how to make money. So instead of complaining, maybe it's time to observe: what are those things people truly can’t live without? Are they survival essentials, or maybe... mental necessities?That being said, you’ve got a point—no matter how hard it gets, the market’s as lively as a street bazaar. The real question is, should I set up a stall selling vegetables, or maybe something the street market can’t even offer?  Cool
Stall selling vegetables will not work because there have been many more popular stalls and can sell cheaper than you.

When the economy is tough, you can open loan shark and pawn shop business. People will sell their valuable thing for money and some people who don't have anything are forced to get a loan. Here, you can take advantage from it, only give them loan if they have something valuable e.g. house. If they can't pay off the debt, you can hire debt collector to confiscate the house.

Some loan sharks even give offer to marry the borrower's daughter to pay off the debt.
I would guess pawn shop is a very dangerous business because you can't really get receipt for everything, so how do you know if it's a stolen item or not? Just to give an example, what if someone brings in 150 year old item? You can't have receipt for that of course, so how do you know if that was stolen or not? Pawn shop is a business a friend of mine does and I can tell you that we are not really seeing anything great of value there in most cases, there are few that does worth a ton, and he got it for cheap, so he is happy about those, but it takes years to sell those things too and not that easy at all.

We should consider that having a legit business with competition could be a proper situation, I understand many wish to have a business that is not competing with others, but as long as you can have a good business then you are going to beat others, even if you are more expensive you are going to end up with a better customer base without a doubt.
legendary
Activity: 2282
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November 18, 2024, 12:05:15 PM
#31
You say all this as if everyone's economy is the exact same.  Perhaps there's a difference is someones economy if they live in say the United States versus say someone whom lives in Syria.  What you're saying is really pretty ignorant and short sided.  Sure to some extent people do complain about the economy and really have no idea what they are complaining about, but overall it entirely depends on where one lives.
hero member
Activity: 3150
Merit: 937
November 18, 2024, 06:04:52 AM
#30
Stop complaining about difficult economy,  if you have always think the economy is hard you will be managing the little money you have , and you would think it is too difficult for you to invest in something because the economy hard. No matter how the economy may seems so difficult people are still spending money to purchase what they are in need of. Hard economy don't stop people from purchasing what they want, people are spending money everyday. In this hard economy think of what you can buy and sell that people can't do without, this is how to roll when economy seems to be difficult. Hard economy don't stop people from spending money, if you go to the market you will see many people selling and buying. Hard economy doesn't make the market to be scanty or go for break.

OP, do you really think that the people will stop complaining about the economy just because you wrote a forum thread telling them to do so?
When there's high inflation, the people are complaining about it. When there's a recession, the people are complaining about being unemployed or working at a minimum wage job. It's natural for most people to complain. This is their coping mechanism, I guess.
I don't understand the point of this forum thread. OK, the people are buying what they need. So what? The harsh economical situation can actually force the people to lower their spending. The uncertainty about the future makes the people more cautious, so they start spending less and saving more. This is completely normal.
hero member
Activity: 952
Merit: 662
November 18, 2024, 04:16:29 AM
#29
When the economy is tough, some people complain, and others figure out how to make money. So instead of complaining, maybe it's time to observe: what are those things people truly can’t live without? Are they survival essentials, or maybe... mental necessities?That being said, you’ve got a point—no matter how hard it gets, the market’s as lively as a street bazaar. The real question is, should I set up a stall selling vegetables, or maybe something the street market can’t even offer?  Cool
Stall selling vegetables will not work because there have been many more popular stalls and can sell cheaper than you.

When the economy is tough, you can open loan shark and pawn shop business. People will sell their valuable thing for money and some people who don't have anything are forced to get a loan. Here, you can take advantage from it, only give them loan if they have something valuable e.g. house. If they can't pay off the debt, you can hire debt collector to confiscate the house.

Some loan sharks even give offer to marry the borrower's daughter to pay off the debt.
jr. member
Activity: 45
Merit: 1
November 18, 2024, 04:08:42 AM
#28
When the economy is tough, some people complain, and others figure out how to make money. So instead of complaining, maybe it's time to observe: what are those things people truly can’t live without? Are they survival essentials, or maybe... mental necessities?That being said, you’ve got a point—no matter how hard it gets, the market’s as lively as a street bazaar. The real question is, should I set up a stall selling vegetables, or maybe something the street market can’t even offer?  Cool
sr. member
Activity: 462
Merit: 355
The great city of God 🔥
November 18, 2024, 03:59:02 AM
#27
Stop complaining about difficult economy,  if you have always think the economy is hard you will be managing the little money you have , and you would think it is too difficult for you to invest in something because the economy hard. No matter how the economy may seems so difficult people are still spending money to purchase what they are in need of. Hard economy don't stop people from purchasing what they want, people are spending money everyday. In this hard economy think of what you can buy and sell that people can't do without, this is how to roll when economy seems to be difficult. Hard economy don't stop people from spending money, if you go to the market you will see many people selling and buying. Hard economy doesn't make the market to be scanty or go for break.
Although the economy is hard but people can still survive. But that doesn't mean everyone will be lucky to survive the economy hardship. Economic hardships is inevitable so the people who are doing business in the market are also facing economic challenges, some are fortunate to succeed their business while some are not fortunate enough and they end up shutting down. In as much as life is concerned, people must face challenges. The economy is one of the major factor that influence business. If the economy is good business progress but when the economy is bad, the chances of succeeding is slim so we can not deny the fact that bad economy is not cause of some people not progressing in what they do. Or that it can't prevent us from doing what we ought to do. Bad economy surely has an influence in peoples life.
sr. member
Activity: 1498
Merit: 271
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November 18, 2024, 03:36:27 AM
#26
Stop complaining about difficult economy,  if you have always think the economy is hard you will be managing the little money you have , and you would think it is too difficult for you to invest in something because the economy hard. No matter how the economy may seems so difficult people are still spending money to purchase what they are in need of. Hard economy don't stop people from purchasing what they want, people are spending money everyday. In this hard economy think of what you can buy and sell that people can't do without, this is how to roll when economy seems to be difficult. Hard economy don't stop people from spending money, if you go to the market you will see many people selling and buying. Hard economy doesn't make the market to be scanty or go for break.

In this era, all people are survivors; there is no one who is not a survivor; even the rich are also survivors. This means that being lazy is not allowed, or else we will starve along with our loved ones. Now, how will we survive? Of course, one of those things is that we must have money.

How will we have money? We need to have a job for us to get money, right? What else? There are also sidelines that are called side jobs that can be done while we have a job in a company or small businesses so that we have a source of funds, and online opportunities like this crypto industry.
hero member
Activity: 574
Merit: 554
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November 18, 2024, 12:01:09 AM
#25
Stop complaining about difficult economy,  if you have always think the economy is hard you will be managing the little money you have , and you would think it is too difficult for you to invest in something because the economy hard. No matter how the economy may seems so difficult people are still spending money to purchase what they are in need of. Hard economy don't stop people from purchasing what they want, people are spending money everyday. In this hard economy think of what you can buy and sell that people can't do without, this is how to roll when economy seems to be difficult. Hard economy don't stop people from spending money, if you go to the market you will see many people selling and buying. Hard economy doesn't make the market to be scanty or go for break.
Your view about the economy and how to handle it might be okay based on your experience. But you are speaking like someone who is either a dependent, single, living in a rich country, or from a wealthy home. If you have a family that depends on you, it will be clearer that cutting costs is very difficult. The economy is bitting hard and people are suffering. Some people don't have enough to feed for a day, so how will they start a business? Let me also inform you that many businesses are closing down because of inflation and high taxes.  

For me, I have been able to survive by cutting costs and seeking other side jobs because starting a business is not an option for me. I also encourage people who have the skills to run a business to start with available resources. They shouldn't wait until they have all the money to rent a space and buy all they need. They can start online or partner with other businesses. Complaining about the economy is not the best option, but seeking ways to survive is paramount. But this doesn't erase the fact that the economy is hard.          
hero member
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November 17, 2024, 10:56:35 PM
#24
I think the key to distinguish hard economy or not lies on spending on tertiary stuff here, of course people will still spend money to buy what they need even in the hardest time for our economy the market will still active but hard economy just means people can't afford to be reckless on spending and only buy what's necessary I'd call that a difficult time for our economy. on the other hand when people can't spend anything or don't have anything to spend I'd call that economic crisis.

in my opinion people's complaint about hard economy is justified, we will understand if we are on their shoes, big fluctuation and all post covid economic problem that has risen is good enough reason for people to complaint and it's not wrong either to complaint.
hero member
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Merit: 895
November 17, 2024, 10:31:14 PM
#23
Stop complaining about difficult economy,  if you have always think the economy is hard you will be managing the little money you have , and you would think it is too difficult for you to invest in something because the economy hard. No matter how the economy may seems so difficult people are still spending money to purchase what they are in need of. Hard economy don't stop people from purchasing what they want, people are spending money everyday. In this hard economy think of what you can buy and sell that people can't do without, this is how to roll when economy seems to be difficult. Hard economy don't stop people from spending money, if you go to the market you will see many people selling and buying. Hard economy doesn't make the market to be scanty or go for break.
I do not agree with the statement and what efforts can be done by people to fulfill a much better life. Work is difficult to get at this time so that it affects people in making money and in these conditions they will definitely complain because there is no opportunity that can be done. Nobody is able to help us if it does not make changes ourselves but complaining is something that is difficult to overcome under conditions like now.

If you want to get out of these conditions then make a much more appropriate effort and use the slightest opportunity to change life to be good. By making money we will be much easier to get out of the problem and even though we make small money, but if consistent can definitely change life much better.
sr. member
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November 17, 2024, 09:56:55 PM
#22
I do agree that people do continue to spend in times of economic hardship, I have seen it myself, but spending patterns are changing. Consumer spending is slowing down because of a rise in costs, higher interest rates, and reduced savings. For instance, resumed student loan payments and increased credit card debt are putting additional pressure on finances, making many prioritize essential items over non-essentials. While the markets are not empty, this trend change indicates how important it is to adjust to these changes both by companies and for the individual.

Rather than "buying and selling," we need to keep in tune with what is currently prioritized by the consumers. It's better to look out for accessibly priced or necessary items/services which consumers actually need rather than general advice. In this way, resilience can be favored without negating the struggle that most people are going through.
sr. member
Activity: 616
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November 17, 2024, 06:40:08 PM
#21
Stop complaining about difficult economy,  if you have always think the economy is hard you will be managing the little money you have , and you would think it is too difficult for you to invest in something because the economy hard. No matter how the economy may seems so difficult people are still spending money to purchase what they are in need of. Hard economy don't stop people from purchasing what they want, people are spending money everyday. In this hard economy think of what you can buy and sell that people can't do without, this is how to roll when economy seems to be difficult. Hard economy don't stop people from spending money, if you go to the market you will see many people selling and buying. Hard economy doesn't make the market to be scanty or go for break.
The amount of capital you start your business with will determine the amount of income you will get from your business. If after setting up your business, you still have a very poor standard of living and cannot afford some basic lifestyle, it is still an indication that the economy is hard and not because you have not tried your best.

The economy will definitely be hard when the purchasing power of potential customers is being reduced due to unemployment, underemployment, inflation, corruption and some unfavourable government economic policies. The business will still lack patronage, making you not different from others who aren't even working as hard as you do.

It is good to complain, maybe the government will hear and create more opportunities for the people to earn good money.
legendary
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November 17, 2024, 06:25:44 PM
#20
There’s no bad and hard economy for a person who is thriving to secure his financial stability. Even though we wouldn’t jump into seeing progress, but the fact that you set plans and goals to secure your own economy, that’s already a good guarantee that you will boost your economy status until you finally flourish and made a good progress.

Consistency is the key. If you don’t quit easily on whatever financial opportunities that will open for you, you will see positive outcome for your future economy.
sr. member
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November 17, 2024, 05:46:18 PM
#19
You make it sound so easy like you not affected by the economy
Even the wealthiest are affected and could loss everything because of the economy.
The economy gets a point when you holding Fiat and another when there's unemployment.
How can you save little you have when that little is nothing in the eyes of Inflation.
All many do is try to survive and they are there not because it's their fault
But they lack the necessary resources or utilization to turn Threat into opportunities.
Mind you an Opportunity to one
Is a threat to another
Everybody can't win.
hero member
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November 17, 2024, 04:46:58 PM
#18
Economy isn't hard while you are young, healthy and full of motivation and excitement to develop yourself, so make sure to use this time of your life in your favour, because once you reach your 30's or 40's you won't be the same anymore. I don't want to discourage anyone from that age, as there is always human potential in every ages, but fact is that it's much easier to do things when you are young.

It's during your early life you will sow the seeds of the fruits you are going to gather on the next decades. So make sure to do it in the present moment diligently aware that you don't have time to waste with worthless and ephemeral things which don't add anything to your existence on long term.
full member
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Memory of o_e_l_e_o
November 17, 2024, 01:32:50 PM
#17
The economy will not be difficult only when everything is normal, but nothing is normal, that is why the life of the common man is becoming more difficult.

However, when inflation occurs in a country, the economy of that country definitely goes for the worse. The state of the economy depends on inflation. When the state of the economy goes for the worse, this effect falls on everyone. ‌Then although the rich can maintain their lifestyle normally, the poor cannot maintain their lifestyle normally, they become poorer and it becomes difficult for them to live. Therefore, the economy goes for the worse only when the inflation of that country increases.

Due to the increase in inflation, people's normal life is hindered. They struggle to meet their biological needs because it becomes very difficult to run their family with the amount of income they earn. For example, A banana could be bought for 5taka earlier, but now it costs 10taka to buy one banana. Here, there is one banana, the price of which has increased by 5taka. Therefore, their struggle is increasing day by day and the economic situation is getting worse.
hero member
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November 17, 2024, 11:48:11 AM
#16
Stop complaining about difficult economy,  if you have always think the economy is hard you will be managing the little money you have , and you would think it is too difficult for you to invest in something because the economy hard. No matter how the economy may seems so difficult people are still spending money to purchase what they are in need of. Hard economy don't stop people from purchasing what they want, people are spending money everyday. In this hard economy think of what you can buy and sell that people can't do without, this is how to roll when economy seems to be difficult. Hard economy don't stop people from spending money, if you go to the market you will see many people selling and buying. Hard economy doesn't make the market to be scanty or go for break.
It is unavoidable when people complain about how tough the economy is nowadays. In fact, this isn't the only generation dealt with and talked about it. Every generation seems to be problematic with the economy and only the real wealthy of this world are becoming wealthier because the odds and advantage are with them. They know how to sell what people needs and as you're saying, everyone still spend money regardless of the situation of the economy. They are sellers and we as consumers only buy and they take advantage of that because they know what to sell at these times and that means margin and profit for them.
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