Post
Topic
Board Economics
Re: Are we headed to a nowhere economic direction ?
by
serjent05
on 18/05/2023, 16:24:20 UTC

In my country over the past few months, the interest rates have been declining. Our government aims to stimulate the economy through a set of financial policies but there seems to be less effective than before. Under the backdrop of the global economic recession, no government will be able to outperform others easily. The dilemma we are facing now is that we are actually losing whether to spend the few money we have at hands or to save it in banks for less and less interest. Real estate is collapsing and even the rich people have no options to invest.



Your country maybe but I think my country is not.  The people who are governing your country do not govern all the countries.  There are people who are capable of governing their countries, bringing growth and improvements.  I feel sorry that you have a leader that is incapable of making your country improve.  I hope in the next election your people are able to choose leaders that are competent enough to give you satisfactory results.

Personally I have invested in cryptocurrencies but due to the current market, there is no sign that I will profit any time soon, so I guess the result of the investment remains unknown. Although I still have steady income from my job, uncertainties will not diminish as I hope for a stable feed for my family and for savings as much as possible. What is your situation in your country ? Are you going to experience some economic turmoil as well ? Please let me know.

Bitcoin investment is not a quick race, it is a marathon where you need to hold for a longer period of time to get a satisfactory profit. If you are in for a quick rich scheme, then probably Bitcoin investment is not for you.