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.
Every government of each country are battling seriously with inflation problems and you can hardly find any government that's doing well economically currently. And like like all economic policies are failing with no remedy in place and all of these are a burden borne on the citizens.
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.
At this time there's so more necessity for multiple streams of income like never before as way to meet up with certain family responsibilities as a family as all government economic policies are really not giving us a positive relief. And crypto especially bitcoin is one way out of such burden.