Quote from: Muba20 on January 17, 2025, 02:40:52 PM

Quote from: UTON Blockchain on January 15, 2025, 09:28:36 AM

The economic recession isn’t due to a lack of money in the market, but because the poor have no money. Essentially, the money isn’t circulating; it’s all been stuck in the banking system, turning into deposits and low-risk assets. No matter how much money the rich have, their consumption is still limited.

On the other hand, the poor want to spend but have no money, which gradually leads to excess production capacity in the market. This causes companies to start competing in a race to the bottom, driving profits to dangerously low levels, which sets off a vicious cycle. As company profits decrease, they scale back and lay off employees, making the poor even poorer, and savings become too risky to touch.

The number of poor people in the world is more than rich. If the poor cannot function properly, then all the businesses in the world will stop. Because all the big companies spread their services among the poor. I can say that the poor are the key to the economy. Usually, when a disaster starts in a country, the rich are not affected much. The rich do not have any problem even if the prices of goods are high. They fulfill all their needs even during that recession. But this picture is completely different among the poor. When they are subjected to recession, they refrain from buying their necessary things even if they want to, which is why the wheels of the economy are obstructed because the number of poor people is about 80 percent more than the rich. If the poor do not have money or if the poor cannot function properly, then there is no chance of the economic situation getting better there.

Is like u know what is happening in this world that the poor are more in number than the rich, that is why the rich never knew hw bad the economy is, because when the economy growth is bad they ues there money to do what they want, because they have the money,an they will look for a way an buy food stuck, an stuck in there houses,an they well forgot the poor one's are doing, very bad.