Does rain fall on one roof alone? The current state of world economy

avatar

Greetings to my esteemed friends on the Cent commumity and the entire hive blockchain. It's another day and time to share with you happenings around the world and how we're all affected by the global economic meltdown. It's your friend @faquan, saying hello from this part of the world.

image.png

Source

To an extent many thing that a certain set of people are been affected by the economic meltdown. This isn't true because the global economy is being affected by several economic war or proxy wars.

Since February 24th 2022 that the Russian-Ukraine War started it's been from one level of hardship to another. This is because both warring countries our major distributors distributors of grains and natural gas. This two major commodities have affected many other nations who depends on them for survival. Africa has been one of the most affected continent due to its greater dependence on grains from overseas.

Does rain truly fall on One roof alone? This implies that the economic hardship is not only visible in Africa alone but is affecting other parts of the world. Why this is true is because many Western Nations are still scavenging for markets abroad to enable them sell their finished products and also they're looking for other forms of energy to help the economy grow since Russia has refused to Grant them what they needed to sustain the economy.

It's obvious that many are suffering in third world countries and the hardship is becoming worsening as the day goes by. The truth remains that many are dying in the hospitals because they cannot afford medical bills and the governments of this poor countries and not even helping matters. Instead, they make policies that are not beneficial to the masses but to their selfish gains.

What can be done about it?
There are several things that can be done about economic situations and I'll be giving some solutions that may help.

  1. Family should cut down some cost on the day-to-day running of the family to help them have something to sustain them in times of need. Cutting cost here simply means that they should look for substitute to their formal levels.
  2. Citizens can help in deciding who governs them and this must be devoid of religion, ethnicity and race. This is important because the nation needs credible people in governance I can help build the economy than people who will amase the wealth meant for the poor masses.
  3. Young people shield shrewd look for other remote jobs to substitute their Hustle in order to help them in extra streams of income that will help foot pay their bills.

In conclusion, truly rain doesn't fall on One roof alone and no one should think it's anybody's fault that they are poor but to seek other means to increase their streams of income because the world is a global village and whatever happens in one part of the world is closer to rest because of technological advancement.



0
0
0.000
4 comments
avatar

Congratulations @faquan! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You published more than 600 posts.
Your next target is to reach 650 posts.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Check out our last posts:

Women's World Cup Contest - Quarter Finals - Recap of Day 2
Women's World Cup Contest - Quarter Finals - Recap of Day 1
LEO Power Up Day - August 15, 2023
0
0
0.000
avatar

The same thing happening here also, it might be not as bad as Africa, but some commodities based on grain is rising also.
I hope the war can end soon.
!LUV

0
0
0.000
avatar

I also pray that the war should end. Thanks for stopping by

0
0
0.000