They say the economy is bad, but where's all the money going? Which industries are still making money?
I would say people's money these days have been going to E-commerce. Online shopping platforms have gained high demand since pandemic has arise, and even until now, people are still seeing more convenience shopping online like the leading shop Amazon. And that makes the people even become poorer, most particularly for those who are not good on managing their funds, their expenses everytime.
E-commerce, online shopping and gambling can be seen as the most common places where money flows these days.
Money can be spent very quickly today. You go online, then you look at the window and like it, everything is very simple with one click.
It is quite difficult to earn money, spending is one click. We think that money has no value, it should be better to spend it because of inflation.
The biggest factor in the economic crisis is the process of fiat money. We went through a crisis in 2008, but that crisis is still continuing.