Post
Topic
Board Economics
Re: Condition poor or not actually what?
by
batang_bitcoin
on 20/03/2022, 20:23:08 UTC
There is some other country which economic condition is very poor internally some huge rich monster holding 80% of treasury in those countries but others people are very poor but this country showing Avg income normal. But actually they are not
It's due to corruption, the government doesn't have a will to make their economy better and they just let the rich become richer. Because of corruption, these rich people that are on the top of the chain can do anything that they want.
They put anything under the table for the sake of their favor and the corrupt officials are just keeping it for their sake. This isn't new to those poor countries and that's why they're having hard time dealing with it and foreign investors doesn't see any potential on it for which, it should be one of the factors that can help them go up.