Topic: World economy, what do you think? - page 21. (Read 3073 times)

I think that international relations decide a lot in economy. After the wars countries usually suffer from the lack of resources for normal life. At the same time, as some states united in the EU zone, they decided to share the same policy and keep the prices stable on a rather big territory.
However, if we talk about cryptocurrencies, they don't have anything to do with international relations, since people use them around the world. This market needs only a more or less stable society with no world wars.

Chinese government support the gold and silver asset to inverse their money rather than crypto currency.By this investment ,the country economy will increase.Then it will impact on the world economy.This is the reason for china goverment ask their people yo inverse in gold and silver.

As we all know, bitcoin is being thrown around so much that almost everyone has an idea of what it’s all about since it was introduced to people last 2008. It has steadily worked its way towards dominating every aspect of the online community. As this campaign goes by, it was proven that it has a good effect to the economy, first is bitcoin reduces reliance on fiat money which consumers have become more reliant on online transactions as a more convenient means to pay for products and services. What’s more, a lot of people that are already managing their own bitcoin wallets have full confidence that their virtual cash enjoys the same level of security as real money. Second, it regulated the cryptocurrencies for it become prevalent in recent years, central banks have begun flexing their muscles to put this ad hoc financial system under control and certain measures such as regulating the currency supply and implementing a tax system are being considered to stymie bitcoin’s growth. Third, its imapct to oberseas remittances, now adays money transfers from the OFW's from the other country to their family that helps them in paying extra charge in processing and transaction fees. Fourth, it access to a credity system in where bitcoin enables unbridled access to a secure credit system, and consider that it is stable , it will continue to bridge people who are isolated with global merchants. Lastly, it helps the environment because just like any other traditional method of mining, manufacturing bitcoin also impact the environment in not so subtle ways. The servers used for mining consume a great deal of energy. All of those proved that Bitcoin changed the Global Economy.

I suppose, if bitcoin or whatever cryptocurrency will became a worldwide currency, the world economy will be more stable and united.

Certainly the relationa of countriea affect the economy in big way. Good relation between two countries will certainly boost both the countries economy through trade means.
If a country suffers some sort of economical crisis, certainly its allies will be affected aswell. If a country does trade in a certain article from another country, and if economical state is disrupted them it will be forced to change the trade routes, be it temporarily, and this way it will give in more expenditure.

Sometimes sole countries which dont have a very good relation within themselves but are allies to a common third country also can trade via this relationship with the common country and boost mutual economy. Thus countries in ties is a good way of economic growth and stable operations.

the relationship of each country to influence the economy of a country, can be in the regional or international, for example, the crisis in Greece is significant enough to affect the stability of the European economy, more pronounced is the conflict in the Middle East, the Middle East countries often armed conflict that makes political conditions and the economy is weakening, the Middle East itself is the largest oil producer, if there is a conflict then the oil price will rise in almost all the world

There is a lot of talk about the relations in the media. I wonder if the narrative painted by the media gives a fair view.

For me, this is short-term noise

It has a big impact as you can see countries that has the most international relations has a good economy. But there are countries too though they are likely to be alone but they have a strong economy or they are not exposing that their economy is starting to decline. I'm talking about North Korea here. World economy isn't basing only with its international relations but there's an impact if something goes wrong to a country that they have relationship.

All countries have an impact on each other, especially this refers to the world economy. The main thing factor that makes it impossible not to communicate is trading. One country can offer one product while others can offer something else. We always interact

international relations are very influential in the economy because a country can not run its own country without any other state.
in bitcoin or cryptocurrency provides a great international relationship because not only the two countries that join in this bitcoin investment.
besides that many people who invest and people who earn money from bitcoin or cryptocurrency is so it can raise revenue.

Now China has 819 billionaires. The other side of world economy or technology transfer can be seen with China, India and Pakistan making war planes, Now China has all kinds of stealth and 5th generation war planes.

Gold and Silver are universal investments. So buyers of gold and Silver get more money whenever worldwide people buy Gold and Silver and Chinese government is encouraging investments in gold and Silver since 2012.

How much, in your opinion, has international relations influenced the world economy and what do you think about it?