Post
Topic
Board Economics
Re: Becoming the homeless and poor it's new Normal now days
by
Akbarkoe
on 21/08/2024, 02:06:15 UTC
The human population in the world is growing rapidly that not a day passes that child is not given birth in every neighborhood. Making many mouths to feed and make provision for shelter with limited resources. Even with the limited resources there are those in privilege position's that are hoarding the little resources which could be evenly distributed to the less privilege in society. The inflation we're facing today is as a result of excessive hoarding of those necessities by a few with economic power.

No one in his right thinking wants to be homeless but economic conditions drives people to conditions that makes them a shadow of themselves.
As the population is increasing the demand is also increasing and just as we cannot stop this increasing population and  we cannot also stop this increasing demand.  We must prepare ourselves for the coming time.  This is the time when people don't ask their own brother in trouble, so we have to strengthen ourselves.  Whatever the circumstances we have to be ready to face them head on.  It is important to make ourselves mentally, physically and spiritually strong so that we can face any challenge.  It is also important to keep social and family ties strong so that we can face difficulties together.  We have to learn to control our needs so that we don't become a burden in difficult times.

On social and family connections, I concur that this is important. It involves not only working through challenges but also developing a system wherein individuals can help each other manage the load and problem-solve more effectively collectively. Of course learning to balance needs is important but we have also to keep in mind that it is essential to develop an environment that will enable every person to handle basic needs without feeling overburdened. A middle ground will help us look forward optimistically and be prepared for whatever tribulations come our way.


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That is what I mean because actually El Salvador also did not improve the world's challenges but rather improved financial power in the economic field of his country.
Even though there are other reasons that they can do because they do not have official currencies like most countries.

The El Salvador case is interesting because the country has taken the uncommon approach of making Bitcoin legal tender. However, as you noted, this may have been more about strengthening their economy than actually addressing bigger global challenges. For a lot of people, especially in countries that have stable currencies, investing in Bitcoin would still feel like such a big risk and be so difficult to afford.