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Topic: World economy, what do you think? - page 4. (Read 3073 times)

member
Activity: 490
Merit: 10
September 28, 2019, 05:18:24 AM
All nations influence each other and affect each other's economies, an agricultural country will provide food for an industrialized nation and vice versa. Countries close to each other often have close relationships with each other to ease trade transactions and boost the economy even though they do not have a good relationship. With the recent globalization, I think cryptocurrencies will have a chance to grow and expand.
Hopefully in the future, cryptocurrencies will be legally nationwide to promote the economy.
member
Activity: 770
Merit: 10
https://streamies.io/
August 29, 2019, 02:17:06 AM
How much, in your opinion, has international relations influenced the world economy and what do you think about it?
International relations are essential at this stage of economic growth. countries need trade organizations to get benefits when exporting or importing.
Besides, there are also possible conflicts like the US and China. Both countries are in difficult times and people face many business events.
This in turn will lead to a decrease in GDP and a series of effects on prices of products.
member
Activity: 770
Merit: 12
Trphy.io
August 28, 2019, 11:01:39 PM
I think about it all the time. I don’t understand why the heads of all countries behave so barbarously. If humanity is so many years old, then it seems to me speculation, then how slowly it develops in interpersonal relationships. There are still wars, trade wars, endless sanctions that affect the lives of ordinary people who are not even interested.
I think things like that will still exist until later. every country certainly wants to be advanced, and after becoming advanced they want to rule the world with their trade products, so that every country depends on it to meet their daily needs. not only in terms of my economy, over time other sectors would want to be superior
sr. member
Activity: 1610
Merit: 372
August 28, 2019, 06:49:44 PM
I think about it all the time. I don’t understand why the heads of all countries behave so barbarously. If humanity is so many years old, then it seems to me speculation, then how slowly it develops in interpersonal relationships. There are still wars, trade wars, endless sanctions that affect the lives of ordinary people who are not even interested.
copper member
Activity: 32
Merit: 0
August 22, 2019, 11:05:02 PM
Someone i know said that there is a big recession coming.  I don't know what to believe really. I don't WANT it to happen but what I WANT and what really happens are two different things.  Maybe this "trade war" is just the start of it. also there are generational and demographic trends that don't look good in some major economies such as China and Japan. 

Bitcoin and crypto in general can perhaps be a safe haven or help to make the world economy much more efficient. I hope so.

Overall I have a positive mind, but I hear a lot of negativity from those around me.
jr. member
Activity: 266
Merit: 4
CurioInvest [IEO Live]
August 22, 2019, 10:37:18 PM
Now, digital currencies are taking over the world economy due to convenience. Digital currencies be it cryptocurrency, paypal, credit card, etc offer much convenience especially when it comes to handling and traveling with huge sums of money and also purchasing items and services online. In the near future, cryptocurrency will dominate because the Blockchain will help companies and businesses to keep track on all transactions with the help of the digital ledger feature.
legendary
Activity: 3766
Merit: 1217
August 22, 2019, 08:39:14 PM
For sure, world economy gonna crash big time and it might be the biggest crash ever the mankind have ever experienced.
Bitcoin and gold will play a vital role in this economic crisis and this time all the money will flow in bitcoin and gold.

Gold prices have risen by at least 30% during the past 12 months. Bitcoin prices are up almost 300%. But even now, the Bitcoin market capitalization is only around 3% of that of gold. Being a crypto user, I need to admit that gold is going to be the asset that will be used to store wealth in case a major market crash occurs. I won't be surprised if the gold prices climb to as much as $5,000 per oz from the current levels of $1,500 per oz.

Central banks around the world are accumulating gold at a rapid pace (especially those in China and Russia), while individual investors are also increasingly selling their other assets (such as treasury bonds) to purchase either physical or paper gold. I hope that Bitcoin will also benefit from this, in case gold prices climb very quickly gets too expensive.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
August 22, 2019, 06:20:30 PM
Maybe it will be fine as long as they continue to be fair, meaning that we know that a country that has any supply that is abundant and with international relations will benefit between them. This is not about the jealousy of rich and poor countries, but this has indeed become something of a world economic cycle and at least they can be peaceful as long as their needs are all met for each country.
Pab
legendary
Activity: 1862
Merit: 1012
August 21, 2019, 10:02:07 AM
World is entering in kind of crisis and by my opinion in turning point
One think is economy and economic data yet another is shift from old industrial world to new technology world.Shift from coal to more green resources
Turning point what begin now is the end of US dollar dominance
India agree to trade with India with Rubel
Russia trade with China with Yuan Germany is trading with China with Euro
Dollar is losing his dominance.More countries want to be free from USA dominance dollar and payments systems.I see 2024 like a final year when dollar dominance will end
So now all that trade war Iran vs USA tensions etc are in fact reflections of USA effort to keep dollar dominance
It is very dangerous time because we are even entering in new nuclear cold war time
sr. member
Activity: 1610
Merit: 372
August 21, 2019, 09:26:50 AM
In the most direct way. And I can’t say that I like it. I’m talking about sanctions that countries like the United States take, with regard to countries whose policies they don’t like.
The fact is that all decisions are made by politicians, and ordinary people suffer for these decisions.
newbie
Activity: 19
Merit: 0
August 13, 2019, 01:26:30 PM
It has a huuuuge impact. Countries with comparative advantages and/or excess supplies of some goods or resources can now sell those to other countries and earn a profit which they otherwise could not -- and obviously this is a win for the receiving countries as well. The world economy in total gains a ton on this.
member
Activity: 560
Merit: 17
August 13, 2019, 10:03:27 AM
Actually, I really admire the Chinese economy and the Chinese themselves, since they are practically a phenomenal country.  Of course you can talk in a large number of billionaires in the country, because they earned their money by legal means, and not by thefts from the state budget.  In addition, we all know what punishment fraudsters and corrupt officials have in China.

They ahev different type of economy yes, but it doe snot mean that it is positive.

1. They are prompting up their economy with constantly building staff, they have countless ghost cities. They are empty nd wont be filled because people do not have money to buy the new apartments. Meanwhile huge part of population live in poverty.

2. They are running out of things to build in their own country , they are doing something very risky in economical terms- they are pouring money in other countries to build staff just to prompt up their own economy.

3. There are a lot of talk about their economical growth numbers, that they are heavily faked.

About Chinese Billionares - you can not be more WRONG. There is a lot of corruption in China. The wealth is very centralized , there are whistle-blowers who are very wealthy and who live abroad who are telling the story of Chinese corrupt officials.

member
Activity: 812
Merit: 11
August 12, 2019, 04:17:04 AM
How much, in your opinion, has international relations influenced the world economy and what do you think about it?

In a country's economy, it must be connected and correlated with the economy of another country. Every country cannot meet its own needs and every country must export or import goods to balance prices. In the era of globalization, a country's economy cannot stand alone, it needs to have relations with other countries both regionally and internationally
legendary
Activity: 3248
Merit: 1179
August 12, 2019, 02:44:18 AM
Gonna crash big time. They've propped it up with QE making the biggest bubble known to man. When it bursts it gonna be a major shitshow.

For sure, world economy gonna crash big time and it might be the biggest crash ever the mankind have ever experienced.
Bitcoin and gold will play a vital role in this economic crisis and this time all the money will flow in bitcoin and gold.

The world’s two biggest economies are in war since March this year. Higher tariffs on both sides for products, currency manipulations, this economic war between US and China will escalate. It`s not the only trade war we currently have on global stage, other countries participate too. All in all that will benefit crypto in the long run, investors will search for safe haven and they will find bitcoin and other crypto assets.
Shitshow will happen, it`s the only way for people to learn. Only after some major shit, people will see all the benefits of the crypto, cause majority always learn things in a hard way.
sr. member
Activity: 2030
Merit: 356
August 11, 2019, 12:50:03 AM
Gonna crash big time. They've propped it up with QE making the biggest bubble known to man. When it bursts it gonna be a major shitshow.

For sure, world economy gonna crash big time and it might be the biggest crash ever the mankind have ever experienced.
Bitcoin and gold will play a vital role in this economic crisis and this time all the money will flow in bitcoin and gold.
newbie
Activity: 29
Merit: 0
August 10, 2019, 08:05:31 PM
Gonna crash big time. They've propped it up with QE making the biggest bubble known to man. When it bursts it gonna be a major shitshow.


full member
Activity: 868
Merit: 185
Roobet supporter and player!
August 10, 2019, 06:26:43 PM
How much, in your opinion, has international relations influenced the world economy and what do you think about it?

We are living in the world where people can make trade with other people in other country easily. Internet connection make it happen and Internation relation is important for country to grow their economy

with an internet connection, we connected with the other, and I am sure that it will give a good impact on the world economy itself. there will be a fast communication between the country, they can cooperate with the other country in many aspects, and I think they can also help each other to grow together. the international relations will influence the world economy to be better, and every country will have an excellent chance to improve so we can live better in the future with another country.
This is what we called, globalization. Internet access can be a tool for development of economy. In addition, the purpose of cryptocurrency is to have accessible peer to peer connection around the world. Because of them, import and export can be easily done. Payments and transactions can be made in just a day. And it really help the growth of economy wherever you are in globe.
full member
Activity: 567
Merit: 148
August 10, 2019, 03:22:30 PM
Actually, I really admire the Chinese economy and the Chinese themselves, since they are practically a phenomenal country.  Of course you can talk in a large number of billionaires in the country, because they earned their money by legal means, and not by thefts from the state budget.  In addition, we all know what punishment fraudsters and corrupt officials have in China.

China is unique. The progress of the Chinese economy is planned a hundred years in advance
In China, there is a centennial growth plan for economic potential. Annually, a meeting of the secretaries of the government gathers to predict further steps in the development and summarize the path traveled. The progress of the Middle Kingdom is faster than in any other country.
sr. member
Activity: 385
Merit: 250
www.thegeomadao.com
August 10, 2019, 03:03:24 PM
As you can see, the current world economy depends very much on economies of great powers like China and the United States. Therefore, international relations are greatly influenced by them. In contrast, Bitcoin and the crypto market are not dependent on any country because it is completely anonymous. It is not limited to trading as well as limiting people and countries to be able to trade, It is global.
member
Activity: 560
Merit: 17
August 10, 2019, 02:54:02 PM
Relations are very important to the whole economy.
Economy can not prosper without trade, there are differences in economies some have cheap labor, ohers has good professionals who built stuff which others can not, different earth minerals and more.
All these things are crucial for one or other economy.

look how the isolated economies are doing and you will see how important trade is.
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