Topic: The economy is not hard - page 5. (Read 1352 times)

What are you trying to prove, by the way? Whatever you say doesn't prove that the economy isn't challenging. Just because people don't stop spending money on things they need doesn't mean times are not burdensome. Will you stop eating food if you are facing financial problems in your life? No, you try to manage in any way you can, so it's the same thing for the people buying and selling. The markets don't stop or go for a break because no matter what, there will always be a need for people to spend money.

Something that you could buy with $1 in the past costs you $5 now due to inflation, but since you need that thing, you will still buy it by spending more money. Now, if you are earning the same amount that you have been earning in the past, this can create problems for you, but you can't do anything because you have to do it. Does that mean economy is not hard for you?

No offense, but your points make no sense at all.

Buying necessities does not mean that we do not have to consider that the economy is not difficult because in the end when we buy then it is purely a need that must be met and we must also be able to classify in this case it does not mean that everyone can buy or waste the money they have for unnecessary needs so in this case we must see that not everyone can have the same economy and because in the end there will clearly be a difference called social strata.

For people who are still at a decent standard of living (middle or upper strata) indeed something like this may not be disturbing but it will be a different story when we talk about the strata below where even though in the end they still spend the money they have but it is a way for them to survive in the harsh economy and life not to waste money on unnecessary things.

I agree with your statement. I think economic conditions can't be same forever because these economic conditions always change. When any country take debt from IMF or by any other foreign country ,it press burden on the common people. Many countries are in debt because their government took money from IMF and from central bank . When any country take loan by IMF or by any other foreign country then IMF control the prices of things in that country and it pushes he government to increase the prices of things and eventually inflatable occurs.Every country has different level of inflation and few countries are free from inflation and they are rich countries because government made plan and executed well.

yeah, the economy that we are in right now isn't good at all and we are not really making a lot of money which means that it impacts all of us. If I do not make any money, then I can't buy from you, and if I don't buy from you then you do not buy from your resource seller and if your resource seller can't sell it to you then they can't pay their bank and if enough of them does that then suddenly we are looking at banks having 2008 crisis all over again. Just me not buying from you could start a domino affect and not many people realize how important that is, and this is why we need to be more careful about this and do our best to continue without much trouble.

The best way to move forward would be making it possible for all of us to buy and sell to each other, if we all earn, then we all grow, but if one of us stops then all of us get an impact from it. Getting as much as possible is very important and we need to involve everyone all together.

The general public can't have similar thinking strength on investment. Lately, I noticed that some people even get financial help to start up any business of their choice and still fail. So, only the few determined entrepreneurs end up building up businesses with little capital and big efforts.

However, the economy always moves in the direction of those who has value to offer it, and the rest of the people may rely on the government for survival. Hoping on them is not fine, because they hardly remember the suffering citizens. Hence, to be on a safe side, clinging to fresh business ideas can relief the rate people shout over hard economy.

Certainly buying and selling will always continue even if there is a serious suffering, so let's not confuse buying and selling that normally happen on a regular basis to look down on those who says that things are very difficult for them, actually is not that those who are complaining about difficult economy has never work hard to take care of themselves before but on the contrary when the economy gets worster those kind of people may not be able to adjust themselves towards it based on the fact that the amount that normally took them a month of consumption could hardly cover up a week, so wouldn't you complain if you were in the shoes of such person? However is it not money they use to start up a business? How would such person get the money to do so.

It's time for individuals to realize that complaining about this challenging economy won't make things better or get us out of this tough situation. We must stand alone and create ourselves from the bottom; if we sit down and complain all the time, I'm confident that nothing is going to change in our life and we will always be in the same condition. It cannot work that way. Do we believe that the individuals who became wealthy through business started it when they were already rich? They were blessed because they started somewhere. Some people believe that creating a business is difficult since the economy is tough and you need a lot of money to start one.

Furthermore, have you ever witnessed a wealthy individual getting upset about the tough economic conditions? Despite this, they do, compared to others who don't want to improve their own lives. Businesses continue to operate in the market despite the current economic situation, while buyers continue to purchase items despite daily price increases. No matter how we choose to handle it, we must try very hard to reduce the suffering, shouting all the time will not provide us with food on the table.

We must instill this mindset in our heads from now on, even from an early age. That we should not complain about a difficult economy, because even though the economy is difficult, many people still make transactions and the economy will continue to turn. So a difficult economy will not be able to stop all activities that are running in the economic space. Therefore, our mindset must change, the economy is not difficult, it is difficult if we are lazy, in difficult economic times investing is a surefire way to develop our assets for the future.

I always believe that successful people are born because they work hard, are disciplined, and consistent. Don't get hung up on external things, but focus on improving your own skills. People with a spoiled mentality will not be able to overtake those who are more hardworking, resilient, and do not give up easily. Having a loser mentality complains a lot, you will be left behind when the economy is bad.

This argument is baseless, perhaps you live comfortably to warrant forgetting what others face and how they feel. First, you need to know that the context of economic hardship is not what a single person can formulate, everybody feels it whether you are rich or poor. In my country today, you dare not tell anyone that the economy is not hard, it is obvious to the point that even the rich laments more than the poor now. So this is a general concept that no one can deny.

However, it seems you have mistaken it for how people should manage the situation. You may be right on that if that is your disposition, let's work our way around the hardship to ease the pain, but still, some people/classes do not have a choice, it will affect them the most because of many factors which are not limited to their environment, health issue and deformities, lack of education/motivation etc. I only blame those who have the advantage but still do not utilize it due to laziness and lackadaisical attitude among others.

This is something people fail to understand: , a lot of people are trying doesn't mean they won't complain, because they are constrained by certain economic policies in the country. When things in the market are expensive, you find yourself buying, but maybe you don't have customers to sell to. People can't  survive without something, doesn't mean the demand will not drop, the request rate will drop, meaning what you buy might spoil in your hands or you might not make enough profit. If you buy something for $15 and can only manage to sell it for $16, and even that's in small quantities, you still haven't made much profit.

So, the economy is tough on people; many sectors are tough. Things that used to be easily accessible and cheap to buy are now more expensive. These constraints make people keep trying and trying. Is that the point of a country's economy - to make you strain yourself to the least before you can survive? People are complaining so that the government can hear and put in measures to make the economy better. It's not that everybody is lazy; a lot of us are trying.

We in this forum are trying; we're taking risks to make investments, to try out the crypto space online and offline. People are hustling. So let it be said the way it is: the economy is hard; it is tough. But we will keep trying, and we will continue to voice out so that the government will hear and take action.

If you continue to complain and think like that, your life will get worse, friend, are you still waiting for help from your government? And how long will it take for help to come to you? And you need to remember that life goes on every day, your stomach must be filled at all times. If we keep complaining it will not bring a solution to your life. Indeed, we will definitely experience difficult situations in anything, the most important thing is that we have to keep trying and don't be lazy.

The amount of capital does not necessarily mean the amount of profit from your business. If you have no experience in business, it will bring disaster to you. It would be better for us to start with minimal capital first, the main thing before starting is to innovate, in my opinion innovation is the main key in business. You have to be different from the products in your environment and the price of the product itself, for example provide economical packages or more efficient services.

If the majority of the countries in the world are complaining that the economy is hard to grow profits, doesn't  mean they are not saying the truth, because the price of some goods and services has double up early this year till now that made many companies to increase the price of their products globally. There are some people who don't want to start any business with small capital, when they know that the business is profitable, there are many business that are profitable in the society today but no money or capital to start the business base on the hardship in the land that is be caused by inflation.

Even those that are spending money in your area, if you watch them very well, you will discover that they don't spend like the way they use to spend money last year, when the economy was good, if anybody is telling you that the economy is not hard, maybe the person is a politician and you know the evil politicians use to commit to get their money.

You can only effectively leverage on the bad economy to your advantage when it's not affecting you to the point where survival looks like a big issue. For the most people, the economic situation has gotten to them to the point that feeding is now a major issue. how do you spot out opportunity when you're in that kind of situation and can barely survive?

In a country where small businesses that use to require little capital to start now require huge capital do you still look at such economy as not being hard? Maybe in a civilized economy, what's seen as a tough economy isn't as pronounced as what most underdeveloped countries are facing but for those residing in an underdeveloped country, you can't effectively spot out an opportunity if you don't have a good amount of financial resources at your disposal. The government have failed in creating an atmosphere that's conducive for businesses to thrive and because of this, it only take those that are already extablished to start off a business in this economy.

The perception of what you are saying varies from country to country or continent to continent. So it depends on where you are. Yeah, in most countries especially third world countries, the economy is difficult and that is why you see infiltration of firearms here and there to execute armed robbery and burglary.

In such countries in West Africa, you can say it loud that the economy is hard and difficult. It is now becoming a survival of the fittest in most African countries that are witnessing bad economic policies and high taxation not excluding high inflation amidst no jobs, no electricity to do such minor personal businesses you talked about like buying and selling. Such buying and selling most times require electricity and transportation whose cost add up to high prices and low standard of living.

The responsibility of government is to provide enabling environment for micro and macro businesses to thrive but where insecurities and fear takes the lead then brain drain would begin to increase and the leaps of the masses would keep singing hard economy because of the challenges of doing business.

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.

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.

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.

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.

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.

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.

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.