Altcoins Talks - Cryptocurrency Forum
Further Discussions => Economics , Sociology & Politics => Topic started by: Tnoy30 on June 25, 2020, 05:07:53 AM
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From markets to real estate to the dollar to retail, the data on whether the economy is recovering or not is hella confused.
The economy is nothing if not confounding right now.
Across every domain, from real estate to oil to retail, there are bull signals and bear signals.
Read on: https://www.coindesk.com/bull-vs-bear-who-has-the-economy-right
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As I understand it, you mean the online economy. I see more of the practical part of the sector. Real professions have become more in demand now. My neighbor was an office manager but lost his job. He did not waste time and retrained himself as a ventilation technician - https://www.hvacschools411.com/ I was surprised but he is happy with everything now. He says that orders do not lose in volumes despite the recession in the economy.
I agree that in a pandemic like this one should immediately innovate so that you don't waste time just sitting at home doing nothing due to being laid off from work.
those who have a distant way of thinking will certainly not lose the moment to be able to restore the situation. because during a pandemic like this, all work can be done online and there are no obstacles, the important thing is that what we produce is really needed and sought after.
continue to fight in a pandemic like this it takes courage to continue to want to change habits that may have been less than usual as has been done so far.
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In general, the level of economic development of most countries in the context of the ongoing coronavirus pandemic continues to fall rapidly. It seems that the coronavirus itself is not so terrible as the measures to combat it. It seems that we are deliberately pushed towards the onset of the global economic crisis. However, for cryptocurrency, the crisis can have a positive impact in terms of increasing demand for it.
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In general, the level of economic development of most countries in the context of the ongoing coronavirus pandemic continues to fall rapidly. It seems that the coronavirus itself is not so terrible as the measures to combat it. It seems that we are deliberately pushed towards the onset of the global economic crisis. However, for cryptocurrency, the crisis can have a positive impact in terms of increasing demand for it.
clearly crypto has no direct relationship with the world economy because it is different in system. but due to the pandemic, several crypto projects had to be delayed due to lock down. making it difficult to find investors only through social media, because face to face and an explanation of the project are also needed. everything had to stop which did provide face-to-face information because there were restrictions. Many projects have to be postponed to see that the situation can return to normal, even though it seems that until now the pandemic is difficult to contain and can only reduce transmission.
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everyone has economic rights...
but for some reason, often those who have money are those who feel they have more economic rights so that they are not always marginalized.
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Yes, my brother, this corona and the pandemic have ruined a lot of setters. as far as I can see there is a shift from industry to digital. Of course, there were these last years, but during this pandemic period, making money from digital, software, games or investments such as bitcoin attracted more attention.
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everyone has economic rights...
but for some reason, often those who have money are those who feel they have more economic rights so that they are not always marginalized.
at this time we must admit and do not need to close our eyes that the economy is held by a small number of people who do have stable finances. Sometimes this violates the unwritten rule that those who have money are the ones who can determine everything, without exception in all sectors this has happened but we don't need to worry that there are still many who don't use their financial capabilities for something that feels that they must always be respected in all respects.
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I think this condition is reasonable, because almost all parts of the world are being shaken by a pandemic. But I believe it will be over soon, and sooner or later, the economy will get moving again and things will get better.
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In 2023 I must admit that you were absolutely right!
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You can concur with me that a little group of individuals with secure financial circumstances control the nation's economy. In turn, this causes a widespread and unanticipated downturn in the lives of the impoverished masses, with inflation reaching levels not seen in several decades. It pains me to watch how the wealthy are viewed as having greater economic rights, while the impoverished are ostracized. I firmly think that regardless of class, everyone is created equal.
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Well I will say everyone has right in the economy and no one has right in the economy, So all depends on how you live your life in the Economy and also the environment you find yourself in. There are good and bad days in human life, but all credits goes to the ones that think deeper and makes useful things out of there life’s especially during the hard times of the Economy infrastructure.
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Well I will say everyone has right in the economy and no one has right in the economy, So all depends on how you live your life in the Economy and also the environment you find yourself in. There are good and bad days in human life, but all credits goes to the ones that think deeper and makes useful things out of there life’s especially during the hard times of the Economy infrastructure.
WHAT YOU HAVE SAID IS TRUE FROM YOUR OWN PERSPECTIVE AND I FIND IT INTERESTING,THANK YOU.
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You can concur with me that a little group of individuals with secure financial circumstances control the nation's economy. In turn, this causes a widespread and unanticipated downturn in the lives of the impoverished masses, with inflation reaching levels not seen in several decades. It pains me to watch how the wealthy are viewed as having greater economic rights, while the impoverished are ostracized. I firmly think that regardless of class, everyone is created equal.
You are right about some wealthy individuals or group of people or family controls the economy of a country. This is because they have big firms and businesses, so they can use their money to influence the people in government to manipulate the economy for their benefits. During elections, they sponsor whoever that they want to be in power, and in corrupt nation or a nation with poverty, it is easy for them to achieve their goal. Down here in my country, the government gives only these set of people controlling the economy, the right to import some certain commodities. No one again will be allowed to import, so that the commodity will only be in the country through them. We are all equal, but there are some people who will want to be in control.
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On every nature of exchanges or the economy, there is nearly possibilities to experience the pros and the cons in either, the everyday, annual or occasions of intermediate switches to opposing there goals of interests.
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Yes, my brother, this corona and the pandemic have ruined a lot of setters. as far as I can see there is a shift from industry to digital. Of course, there were these last years, but during this pandemic period, making money from digital, software, games or investments such as bitcoin attracted more attention.
I can't really say who has the economy right. But to think of it, during the pandemic, offices, malls, cinemas, casinos were all closed. Most investments went down. Businesses closed. Some people took the initiative go online for skit making and some into crypto.
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The most difficult thing about seeing global economic developments at the moment is because sometimes there can be differences between data and reality. And analytical data may be a sample for seeing the bigger picture. On the one hand, in my life, I personally feel that the economy still feels normal and mediocre. there has been no rapid increase or vice versa. But if I look at the whole, the condition has not improved at all. There may even be a decline in one sector but also an increase in other sectors. For example, the entrepreneurial sector is increasing here. But the level of ability of buyers or consumers seems to be decreasing.
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For me, I think everyone has the economy right because without one another money cannot circulate , no buy and sell, no exchange of bitcoin etc so I think everyone has the right to the economy.
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everyone has economic rights...
but for some reason, often those who have money are those who feel they have more economic rights so that they are not always marginalized.
Sad reality about this topic to be honest. That is why some people with knowledge about Bitcoin they choose to embrace it than the traditional one because of the fact that they can have this what we called economical rights with the revolutionary Bitcoin. We can even see more influencial people and institutions embracing Bitcoin because they see the potential of it in the future than any other assets.
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Getting the economy right is an important aspect in a country, the effectiveness and success of an economy all boils down to so many factors such as political stability, natural resources, human capital, infrastructure and technological advancement. different countries has their own method and different way of planning their economy. some countries are known for their peculiar and innovative economy that Fosters entrepreneurship and technological advancements moreover relationship. this countries have developed Industries and as well attract foreign investment, by this, countries has the economy right. As said earlier having the economy rights all boils down to the way countries are being planned, for a country to have a good administrative arms of the government the economy must be in a good economy condition. conclusively getting the economy right, is the way the countries organized their own economy.
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I don't know from what perspective you used to observe the world economy. And let me also make an input on this thread, from my observation and experiences also in the area of thinking with all the signs of the economy, the economy is very bad and getting more bad every day. When the average citizens of a country could not buy food with the lowest currency of the country then that country is in trouble. And a country economy is good when the cost of living is very low. And people live comfortably with hard labour and everything work fine. But whereby the average citizens can't eat three times a day then that country is in a very big problem that need to be solved urgently.
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I don't know from what perspective you used to observe the world economy. And let me also make an input on this thread, from my observation and experiences also in the area of thinking with all the signs of the economy, the economy is very bad and getting more bad every day. When the average citizens of a country could not buy food with the lowest currency of the country then that country is in trouble. And a country economy is good when the cost of living is very low. And people live comfortably with hard labour and everything work fine. But whereby the average citizens can't eat three times a day then that country is in a very big problem that need to be solved urgently.
The state must be present in the community to ensure that its citizens are okay in the midst of an economic situation that is not okay. Because the fact is that in some countries the poverty rate is still very high, of course in this case the state must be able to solve this problem with its policies.
On the other hand, the community must also take part, they must also work hard for example or support government policies that favor the poor.
The government and society must be sustainable in solving problems like this, because both will always be closely related.
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Haven analyze and confirm what economy can do, it's very important to note that no economy is complete, by so doing each of the countries economy has it own strengths and weaknesses, however there are factors that plays necessary and important roles in building the economies such as cultural, historical, and political contents. care for it, is more useful to understand. There are Diverse ranges of approach in which strategies countries used to meet up their economic demands. Some developed rich countries such as Saudi Arabia, and Russia rely on sectors like oil and gas for the economic strength, why some countries like, luxembourg or singapore, build thriving economics based on the financial service, trade and as well global connectivities.
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Everyone, in my opinion, has a right to the economy as without producers, distributors, wholesale, retailers and consumers, our economy cannot be sustained; we are dependent on money to make purchases and to exchange products and services with one another in order to support one another.