Is there any economic crisis in your country?

@MattMeng (3435)
Hangzhou, China
September 5, 2016 9:59pm CST
My dear friends, the economic situation of 2016 is not so good as before, can you feel the economic crisis in your country? Do you find that it is much more difficult to earn money?
9 people like this
12 responses
@epiffanie (11326)
• Australia
6 Sep 16
I am easy to adjust my lifestyle to any crises ..
1 person likes this
@MattMeng (3435)
• Hangzhou, China
6 Sep 16
Envy your life, my friend, how could get it?
1 person likes this
@epiffanie (11326)
• Australia
6 Sep 16
@MattMeng Well, we can't do anything about economic crises wherever we are .. But you know what, when I was younger, I worked so hard that I was able to invest enough for my old age which is now .. I never lived beyond my means unlike most young people and even people my age do .. I'm not affected by economic crises because I made my lifestyle simple ..
1 person likes this
@MattMeng (3435)
• Hangzhou, China
6 Sep 16
@epiffanie I want to live the life just like you, and I'll work harder in the future.
1 person likes this
@anushady (549)
• Addis Ababa, Ethiopia
15 Sep 16
Yess Ethiopia is one of the poor countries, we are developing fast now but still we struggle to eat our daily meals.
1 person likes this
@MattMeng (3435)
• Hangzhou, China
15 Sep 16
I'm sorry to hear that, but you are rather lucky, because you could learn in college, your father must be a great man, and he could earn a lot of money.
1 person likes this
@MattMeng (3435)
• Hangzhou, China
15 Sep 16
@anushady You are very clever.
1 person likes this
@anushady (549)
• Addis Ababa, Ethiopia
15 Sep 16
@MattMeng No when I mean college, It is a governmental university. I learn for free. I got a good result in the national exmination two years ago.
1 person likes this
@scheng1 (24650)
• Singapore
6 Sep 16
Economy crisis does not mean anything to us personally if we are still working. It only means pain to us when we lose our job. If you have an income, it is a good time to buy a house or a second house to rent out.
1 person likes this
@scheng1 (24650)
• Singapore
7 Sep 16
@MattMeng It's not like that. It has to do with the specific skills and the specific industry. In the past before China opened up, we had many factory jobs in Singapore. Once China opened up, the factories closed down, and the factory workers were out of jobs. The jobs were not coming back, so the government started many programs to re-train the people. Hard for those who had been working in the same factory for 30 years to learn new things.
1 person likes this
@scheng1 (24650)
• Singapore
7 Sep 16
@MattMeng Our generation is worse than the previous generation, and the next generation will be worse. By then, jobs will not be of permanent nature. A person has to change career, learn new things, and keep on getting new jobs. It is a trend in many countries now, and sooner or later it will be a global trend.
1 person likes this
@MattMeng (3435)
• Hangzhou, China
7 Sep 16
Losing jobs are much easier in China, because there are so many people in our country.
1 person likes this
@Bluedoll (16774)
• Canada
11 Sep 16
We have had economic challenges in Canada for a long time so its people are used to it perhaps.
1 person likes this
@Bluedoll (16774)
• Canada
11 Sep 16
@MattMeng there needs to be some big changes world wide in how we look at things perhaps
1 person likes this
@MattMeng (3435)
• Hangzhou, China
11 Sep 16
@Bluedoll Yes, this crisis is much longer, and some people would lose their work.
@MattMeng (3435)
• Hangzhou, China
11 Sep 16
The lives of these people who lose their work is much more difficult in the future.
@tech40 (23128)
• Philippines
6 Sep 16
Some of the countries nowadays are suffering terrorist attacks, I hope they are able to solve the issues specially this type of conern. wherein many people was involved in every terrorist attack
1 person likes this
@tech40 (23128)
• Philippines
6 Sep 16
@MattMeng That's correct I'm also wishing specially there are government involved
1 person likes this
@MattMeng (3435)
• Hangzhou, China
6 Sep 16
Hope everyone could live happily and peace.
@MattMeng (3435)
• Hangzhou, China
6 Sep 16
@tech40 That needs everyone's work.
@marlina (154166)
• Canada
12 Sep 16
I don't think so here.
1 person likes this
@MattMeng (3435)
• Hangzhou, China
13 Sep 16
Canada is a developed country.
@louievill (28851)
• Philippines
6 Sep 16
Your country is experiencing a slow down, anything that affects you affects the world. I buy metal and steel scraps and the price of copper is almost one half and the price of steel is only a fifth of what it was 3 to 4 years ago i agree money is somewhat getting hard
1 person likes this
@MattMeng (3435)
• Hangzhou, China
6 Sep 16
Yes, some steel factories have been broke up and a lot of worker lost their work.
1 person likes this
• Philippines
6 Sep 16
I am one of those unemployed here, but because we had to take care of the family business that was constructed back in 2011. You could I'm partly a businessmen here, but not much work lately.
1 person likes this
@MattMeng (3435)
• Hangzhou, China
6 Sep 16
It is lucky that you have a family business to earn money.
@wiLLmaH (8801)
• Singapore, Singapore
6 Sep 16
Many people were retrenched in every part of the world. I hope this won't last.
1 person likes this
@MattMeng (3435)
• Hangzhou, China
7 Sep 16
Yes, we hope this economic crisis could pass early.
1 person likes this
@acelawrites (19273)
• Philippines
6 Sep 16
There could be, but the government is doing its best now to have a good climate for investment like achieving peace and order and getting rid of corruption. Also more benefits for the workers.
1 person likes this
@MattMeng (3435)
• Hangzhou, China
7 Sep 16
Hope the crisis could pass soon, and all of us could live a happy life.
@mavlana (1019)
• India
6 Sep 16
I agree to some extent. ...wealthy people are not much affected but the life of poor and middle classes is turning into hell.
1 person likes this
@MattMeng (3435)
• Hangzhou, China
7 Sep 16
Yes, it is, some people would live in very terrible lives.
1 person likes this
@ms1864 (6886)
• Bangalore, India
6 Sep 16
Yes, unemployment is everywhere. and the price if items keeps increasing.
1 person likes this
@MattMeng (3435)
• Hangzhou, China
6 Sep 16
It seems that it would be much worse in the future.
1 person likes this