Post
Topic
Board Economics
Re: Is the current economic situation really that bad?
by
Rabata
on 02/03/2025, 17:20:08 UTC
Indeed, currently the financial crisis is hitting many countries, but that does not mean all of them, I think that in a state system it depends on the leadership to overcome it in taking policies to improve the financial system, and indeed among them when Covid-19, every country has tried to get out of the financial crisis depending on the thinking of the country's leadership.
Every country leader who is not corrupt towards his people and also towards his own country will certainly be able to solve every problem they are currently facing even though the problem is quite complicated like the financial crisis you mentioned. But for country leaders who still have the intention to remain corrupt towards their own people, let alone solving it, they will actually add new problems that arise in their own country. So all of this also depends on how the state can really care about their own people so that they can be willing to produce policies that can help their country solve every problem that currently exists.
I agree with you. When there is a shortage of something in the world, a situation like inflation can arise. People's lost their purchasing power. There is nothing the governments can do. However, if the government of a country really wants the development of its country, it can definitely control the situation if it is not corrupt. It is seen that the governments of many countries increase the prices of goods due to corruption and blame them for the increase in the international market. Due to which the right solution to issues like inflation is not found. But if there is proper and honest leadership, then any goal can be achieved even in any adverse situation.