Well, here it isthe sane struggle, the economy is getting real bad, the rich continue to get rich and the poor continue to sink down into poverty at this time, hope there is a wave of change that is coming.
I think people are getting a little smarter with their money around America since a good number of us took a big blow in 2008 when the "great recession" happened. It was a scary time and we have learned lessons from it. There are some major chain stores closing around here and I am not sure why that is yet, namely Sears and Kmart. They are both owned by Sears.
Didn't Sears file for bankruptcy or am I confusing them with someone else? Anyway that would definitely explain the stores closing down.
Here in Vietnam, things are pretty much the same. We didn't really get affected by the whole gas ordeal (prices did lower, but only by a relatively small amount, nothing astronomical like in the US). No minimum wage to speak of. We're experiencing brain drain but that's expected of any non-first-world country. The economy is doing okay, but not as good as before, when Vietnam was given the label of "New China". Our government is too stubborn to remove all the red tape for foreign investors.
It's similar in my part of the world. Actually, what you described can be found in many different countries. Those of us living amongst the regular folk, lower, working or middle class don't have exclusive access to means right away. So we are far more likely to see certain devastation and economic despair, more so than our political leaders whose jobs is to look out for the best interest of all citizens. The markets in America are actually quite stable. Perhaps I am an eternal optimist, but I refuse to allow the conditions of my country influence my investment decisions because I always look to how certain stocks will perform in the future rather than right now.
I could say the same thing...about where i am, its every man for himself and God for all mankind...unless you know of someone who can fix you somewhere in an office and earn a hefty sum at the end of the day, you are on your own and hustling is the order of the day .... the gap between the rich and the poor...oh my!
IN my country it's elections year so things are not that bad haha, next year everything will be far worse, it's the time they just do what they want.
In the next two years we hold our elections...to say the truth such matters never get me fired up......am so not looking forward to it, i'm always told its my right, my voice to be heard to vote but i always get opposite results plus its like people become monsters and root for blood at that time...therefore if it could happen in a flash, the better
Precisely said You're so right on that. Almost every country in the world is still experiencing the effects of recession. It's a worldwide phenomenon that every one can relate to. Maybe this common thing that we all feel right now could at least help us understand each other more, countrywise. I mean, nobody can say that it's one country's fault if they're economically down because even the most progressive ones experience economic hardship right now. Let's all hope that in the coming days things could get better.
Not really good. Wages don't exceed $250 per month, goods prices remain the same as highly developed countries, you must borrow money from banks in order to momentarily live. Well, not everyone, but who wants to live a decent life must do it, unfortunately. I won't even mention the declining industry, which our leading socialists won't do anything about... they're more concerned about filling their pocket with paper.
