Post
Topic
Board Economics
Re: The economy is about competition
by
Pablo-wood
on 29/08/2025, 18:26:37 UTC
One country's decline is a benefit to another one. It might sound cold and selfish but the truth is that if one economy is declining, you can use this to your advantage. If one country has a failing economy and they can no longer produce high quality products and their trade is losing significance then another country can sweep in and give better offers.
That may be true to some extent, but it ultimately depends on whether the other country has strong and effective leadership. The truth is  one nation's decline shouldn't be a prerequisite for another's progress. The world is big
One country's decline is a benefit to another one. It might sound cold and selfish but the truth is that if one economy is declining, you can use this to your advantage. If one country has a failing economy and they can no longer produce high quality products and their trade is losing significance then another country can sweep in and give better offers.
That may be true to some extent, but it ultimately depends on whether the other country has strong and effective leadership. The truth is  one nation's decline shouldn't be a prerequisite for another's progress. The world is big enough to allow multiple nations to thrive at the same time. With the right leadership and smart decisions, any country can grow its economy and boast its global standing without relying on the downfall of others. to allow multiple nations to thrive at the same time. With the right leadership and smart decisions, any country can grow its economy and boast its global standing without relying on the downfall of others.