If it is said to be a failure it may not be entirely true, but everyone should hone their skills to make it easier for them to adapt. If education is good and the skills they have are sufficient, it will be much easier for everyone to get a job and I think both are very important. But if the question is categorized in general, then we need to first examine what kind of job sector we provide so that skill qualifications and diplomas can be a suitable reflection for people to work.

I know that almost most people might choose skills over school in giving jobs to others, because sometimes the skills that people have are not affiliated with schools. This depends on the needs of the job and if skills are prioritized, then there is nothing wrong with it, but it is much better when both are fulfilled in people.

A more competitive approach would be pricing based on competition. Especially if it’s a highly competitive niche or a weak market. When there’s a seasonal decline or the market is just weak, you need to monitor your competitors and position your price so it’s neither the highest nor the lowest, but somewhere in the middle. At the very start of launching a product, it might even be worth lowering the price so it’s on the cheaper side giving the product a chance to climb higher in the rankings.

I love the point you raised in this context, but you are wrong to have believed that pride is the major reason people are jobless. How is that even possible? For me, I think you left the major possible reasons ("no capital" and "no good mentor"). Why pride when it is what will better your life and make people envy you? And there are hundreds of works you can choose from if some look unbeffiting. Those who are doing the white-collar job, especially bankers, are bending knees for self-employed people, so it's honourable on its own.

Government may not achieve price control on these countries, especially on the local agricultural sector except there are subsidy on these goods that the local producers will benefit from government otherwise the price control will not be effective.
For example, if a farmer calculates the cost of producing a bag of rice as $50, and decided to sell it for $61, unfortunately the government's price control agency said it should be sold for $54, i think this will discouraged the farmers except government subsidizes this goods, or they help to pay the cost of farm inputs during cultivation.

Simply just that using our own common sense will be able to tell us that investment will be the only way that you can be able to fight inflation. On the moment that you do have that enough or more than buying power or having that income source. The only challenge on here is that in every investment then there would be certain factors on which you would be needing up to consider or need up to sacrifice on which usually it will be pertaining about money or simply with capital on which we know that not all will be that willing be that taking up such extra step whether they cant be able to bare up with the risks involved or simply doesnt have the capital for them to start on? or dont have any idea on what they are doing?. Actually it will be that only that having that only possible ways on beating up inflation but one of the main reasons on why people hesitated because they cant bare up with the risks involved with it but for those who do took up the risks and able to succeed then they are the ones who do able to resolved out that inflation. For those who hadnt been able to decide on touching up business or investment they do go into other option on which on having that more jobs or side incomes aside from their main job. On the time that they do able to do so and instead that they would go into that investment/business path they would rather go into searching up for other ways or methods like taking up some side hustle for them to be able to earn up more and could be able to survive. We do know that our economic state becoming shit as years passing by and if you do saw that your income isnt that enough anymore into your daily living, then its just right that you should be finding up another ways for you to earn more, specially if you do raise your own family then it will be that so crucial.

These days, packaging and advertising play a bigger role in the price of a commodity. It leans towards the "value-based" you mentioned, but most times, the product doesn't have more value than the other, but is priced higher than the other because of the way it was advertised and packaged.

You can see that certain goods or services sold for $20 somewhere can be sold for $100 in another place. It happens with clothes, shoes and even food in different restaurants. One doesn't have more value than the other; they're both the same, but the illusion of more value is in the presentation (packaging) and advertising.

The stand has always been that you're either saving up today for a better tomorrow or you're eating it all up today without putting much consideration into what the future holds. Either way, what you choose to do or not to do today will certainly affect you in the future.

Keeping out a certain percentage of your income for future use is a necessity most expecially in an economy that's as unstable as what we've been witnessing these while. Regardless the urge you feel to spend even when you're earning real good, the ability to keep some for the future either in the form of savings or investment helps make the future much easier for you. You could spend it all at the present and still do well in the future but that's a very risky thing to do as someone that's financially wise. Every future oriented individual knows better that it's better to sacrifice the present joy for the future gains.

Reading through the thread it really struck me that everyone is dishing out advice like I. Business or life there is a text book to follow.
It is easier to tell your friends dad which investment he can diversify into but you forget that there are factors like your friends dad interests, you friends dad capital or even the potentials of other businesses doing well.

What happened to your friend is a tragedy but this doesn't mean he wasn't smart. You can Invest in food, or other businesses and it ends by closing it up. When tragedy happens like this that is where you reserve comes it to help you stand, and the big mistake I see here is not getting insurance on the property. Let people do what they feel ok to do, investment is not about the amount you can handle but how well and effective is it for you.

Is being a gig worker worth all the cons mentioned? or do you still find being a traditional employee more appealing?

We have been hearing many people talking about the poor people, they don't do this and that that's why they remain poor. We all have our ideas and how we do things that favor us that also gives us money to take good care of our loved ones and we also don't lack anything. We know how horrible the economy has gotten in our respective countries and some of us are so lucky to find ourselves in a better position or place that gives us all we want...I'd like to ask;
What is the best advise to give to a poor person to elevate him or her?

That is when we think too much about the standard of living when the most important thing is how we can think about or guarantee our lives to be more decent in the future by investing or saving.

So it all depends on the mindset and it must be changed so that we can live better, prioritizing investment and savings does not mean that we put aside the standard of living but we must prioritize the most important for the future and I think people who only care about the standard of living in their environment will never be able to develop in the future, so this must be changed.

It is very important to save money, as that gives you the opportunity to have some money in bulk to start up a business or a given project. Saving money from your monthly or weekly income is very important.
Most persons become poor because they spend all the money they receive as salary and neglect savings. But just like the OP have rightly said, is saving enough? No. Because your need to invest your savings to bring in more money for you and in that your savings increase.

It seems recently el salvador just added more bitcoin into their stash, truly fascinating move.

Don't know what el salvador is aiming though but the fact that el salvador has profited so hard from bitcoin means they are conscious enough to keep holding onto bitcoin.

It seems in this case, el salvador just gonna ignore IMF outright.

For those who do not support Trump's tariff war, this is great news because the US trade court has blocked Trump's aggressive actions. But as far as I know, the US trade court is only considered a lower federal court, which means they can block Trump's tariff order. But they won't have sole discretion on that issue, Trump could appeal to the US Supreme Court to overturn the decision. And he will certainly do so soon, so we should not rejoice until the Supreme Court makes its final decision.

https://www.cit.uscourts.gov/about-court

It still depends on the investor itself. But in most successful scenarios, investors do not start with massive purchase but instead they start with minimal purchase and observe the market then how far it goes. And when they eventually experience profits and start piling up, that’s when they start to risk higher and increase their investment portfolio to achieve massive returns in the future.

Those who do not have the resources to buy something that is beyond their financial means should not buy it. If they are aware of their financial means and still really want a certain item, like an iPhone, for example (it may seem like something modest to many, but here in Brazil it is very expensive), that same person will buy it in installments, and that is okay, they did what they could.

This is not what defines rich or poor, it is more complex. What is not acceptable is for a person to stop buying the basics for their family just to have something material. That is not being poor, it is being stupid.

It will be helpful as long as the interest isn't predatory.

After all, certain class of people do really need a more simplified access to capital but I think it will still face the difficulty that traditional banking has which is risk of defaults and so on.

From what I see though, their interests always too high and can become a hurdle instead.

This is bad, this is not good news for me, there is a high chance that there will be another severe correction in the market that we have for now, the expectation of most people will
not happen again for sure, so fight it with patience.

It's simple if its price falls again in the market, just buy if there is a purchase then hold, that's all we should do instead of giving in to negative news like this now.

Nothing is permanent. The powerful now can be deprived of power in the future. Which is why it is important that we also diversify because we never know which ones will decline in the future and which will be safe. For now assets like bitcoin specifically would be considered a safe haven as every currency in the world goes crazy.

Not completely invisible to political or economic impacts but bitcoin that is decentralized would be less impacted by other countries' decisions and economic state.

Thailand's Ministry of Finance plans to introduce $150 million in government-issued digital tokens, allowing public investment under the national borrowing framework. This move aligns with the global trend of countries embracing blockchain solutions. Finance Minister Pichai Chunhavajira confirmed the issuance of G-tokens within two months, aiming to raise funds without traditional debt instruments. The tokens offer Thai citizens an alternative investment with higher returns. The initiative, meeting Bank of Thailand's conditions, aims to gauge public interest and build trust in digital assets. Not serving as financial liabilities, G-tokens provide flexibility in state fundraising within legal frameworks. Thailand's step reflects a worldwide shift towards cryptocurrency adoption. Other countries like Dubai and Bhutan are also embracing digital payments and crypto collaborations. The G-token launch in Thailand signifies a significant move towards modernizing finance through blockchain technology, potentially setting a precedent for other nations.