Quote from: MMA on September 03, 2017, 05:24:31 PM

Quote from: finzyoj on September 03, 2017, 12:26:55 PM

Quote from: pinoycash on October 16, 2016, 11:59:23 AM

Not really, for me its a good thing that our local currency drops value versus USD, more exchange per $, more food on the table and extra money to pay the bills.

For my country the economy is too bad because the local currency is drop down versus Dollar thats why the price of the goods pumps. And even the price of the oil increase. The higher the value of dollar againts local currency the bigger the chance the economy goes down.

most of the the underdeveloped countries are facing these problems. but a lot of reasons are there for that, for example their increasing population is the main cause for that, secondly there is more corruption in underdeveloped countries and thirdly their education status, their educational system is not good which is also a big reason for their drop in economy.

Yes, corruption and education in my country are a huge problem affecting the economy, every year I regularly listen to news about the corruption of the people that work for the government, the amount of corruption can be said to be huge. Education can be said is not growing, facilities and equipment are outdated, if you have money, you do not need any knowledge and you will also easily have a master's degree and have a good job, that made the economy in my country very bad and slow development