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Politicians are not really interested in promoting my welfare. Actually, they would be okay with me being on welfare. I would hate it. I have to work hard just to make ends meet. It's not getting easier, so I don't think the "economy" is improving overall. How long will it be until we are governed by a "World Congress" consisting of corporate heads?

I have a feeling you are quite right about that; we're moving in the direction of some kind of plutocracy, or corporatocracy... sometimes it's hard to tell the two apart, these days.

Everything changes. I accept that. Hopefully crypto will aid retirement. Then I can bore my grandkids with stories about how great it used to be...-:)

I am hopeful that I can just let my SP accumulated here sit and "ride" for years and years. Time will tell how "sturdy" Steem and Steemit really are.

I do believe SteemIt and Steem are going to last. There is value here that can withstand some competition. Real competition may instigate some behavior changes, but Steem will probably have to lose some value first. (hopefully a rising crypto tide will float Steem as well, but if it's price lags other currencies, people might change behavior to support the overall value instead of taking selfish profit as quickly as is currently happening). IMO curators like you, motivated by desire to write above desire to take quick profits, will continue using SteemIt. Our current issue- SteemIt being used as a faucet for instant cash flow - will be worked out, allowing Steemit to become what was originally intended in the white paper. Some scamming will always be present, but hopefully at a much smaller scale.

Your posts always make me think. I don’t believe many of the stats put out there. Our economy is consumer based, so there always has to be positive news to keep people buying and taking on debt, not saving.

I have studied just enough statistics to be "dangerous," meaning I am pretty aware of the many ways you can use statistics to "lie with the truth."

Interesting. I have no doubt that statistics are used this way.

There is truth in these submissions, is is not safe to judge the individual economy of the citizens with the overall economy status of the country since the later is mostly controlled by the privileged. In my country, there is a certain entrepreneur who is believed to be richer than 70 % of the citizens put together. This may be a little bit of an exaggeration but it helps to drive home a point.

Income inequality seems to be a growing issue in many places. One one hand, people say in a democracy we have the "freedom" to achieve whatever we want, but is that really a desirable outcome when we end up with these plutocrats owning almost everything and everyone else has nothing?

Income inequality has sparked many violent revolutions. Call me a pessimist, but I don't think people will altruistically share on a scale that would prevent another.

Here there tax is everywhere sucking blood sucking lives.

The tax that makes the least sense to me is the one that is taken from a low income person... and then that person turns around and claims social benefits to get the SAME money back.

It is true only if the tax is used at the right place....corrupt people are like sharks in the tax pool...they dont care about anything....that is what makes me like tax giving is not worth.....

for some countries where the government officials are faithful though hardly do we get something like this. Paying taxes might be good since what is done with the taxes can be seen. But in most cases the paid taxes are used for the personal expenses of those evil men collecting it

Pretty sure some forms of corruption in government exists everywhere, whether it is local or national government.

Good post,, succes for you,, i like this image and history

Wow.... what a beauty....!

that's really good post @denmarkguy i like your post. thanks for sharing post

Much of the information I get from your writing

Don't disturb me....
Let me see the awesome flowers..
giphy-facebook_s.jpg

Certainly a very beautiful cat!

it's really effective post for me

The rich create jobs because there is demand for goods. And in order for there to be demand for goods, people who buy goods have to have money.

Well yes, but seems like they couldn't care less about that issue lately. Since every day they allow and they lobby for the people have less money in their pockets as a result of their time & labor.

How is YOUR economy, as opposed to "THE" economy where you live?

Well, over here in Vzla almost a 90% of the population knows pretty well that the ostensible "Official Facts" are not just plain lies, but that "The Economy Doing Better" wishful claims by the government elite are light years away from finding a solution to these economic incongruities and rampant hyperinflation mess.

And according to the most recent private 'third party' survey and published statistics. Just tell me how much an economy wizard people has to be over here, as to know how far away they are to have access to buy The Bs.24.402.767,10 Basic Family Food Basket with an integral minimum wage of Bs 797.510,00 monthly?

 7 years ago  Reveal Comment

Because life is just better with a bit of cute fluffiness.

 7 years ago  Reveal Comment