Another week for 
One of the many issues we are battling in the world is the increasing rate of unemployment and this is one of the reasons I felt it wasn't wise for the government of most countries to ban cryptocurrency. I know the issues they have with it is the fact that they cannot control it, trace it or track it but the moment it has been converted into fiat, there would always be bank deductions being made.
The unemployment rate keeps going high and just as I read in sir 
This statement caught my eyes as he said:
The thoughts of trading crypto have long gone now however as the times and needs have changed the thinking. One just has to look around at the state of the economies around the world to get a glimpse of where the future is heading. This is not a pretty picture especially in South Africa with the 18-24 age group reported to be at over 65% unemployed. This is disastrous for any country as where does the unrest and uprisings come from? If the youth have no future they will turn on the Government at some point leading to even bigger woes for the economy.
What the government don't understand is that their actions against keeping the youth fully engaged would always hurt the economy. Someone once said that any country that doesn't value its youth would not survive in the long run.
Inflation is hitting the economies and there is no telling how worse it would get. The economies that are focused on importing are also having it hard because they are spending more than usual due to inflation tax. When inflation tax is being added to goods being imported, the price goes up and when the price goes up, the purchasing power of an individual or the country reduces and the standard of living would also be hampered.
The beauty of money is when you are able to get maximum satisfaction from goods purchased but when it is overpriced and the quality isn't the same, it reduces what you have at your disposal.
If a country gets it wrong with the production of goods and services as well as has an unhealthy unemployment rate, it would soon get hit. There is no country without an unemployment rate but there is an acceptable level that would the economy going especially when you have the active and productive age fully engaged.
The best way I think any country can improve their economy is to reduce the rate of unemployment to an acceptable level by getting the youth actively involved because they are still at their productive age. We are promoting the older ones that are already in their 60s. Their productivity level has waned and yet they are the ones we are putting in a position of authority and deciding the state of the economy.
It's hard to encourage anyone to save when they don't even have a steady income and they are meant to fend for themselves. The basic amenities are missing so this puts a strain on the little money available which is not enough in the first place. Since the government has failed, I think it's left to individuals to make use of the limited money available for credible investment no matter how little it is. The major point with money is to make it reproduce itself and that's the only way we can maintain a healthy living and be self-sustained.
To have a sustainable economy where things can run smoothly and the future would look bright and not with burnt dreams, reducing the rate of unemployment is vital, either by allowing more foreign investment into the country or the government instituting these investments too because they have more access to funds and they should preserve the future of the country as they have been mandated to do.
This leads me to the issue with basic amenities because the foreign investment would be hard when there are no good roads, good electricity and water supply. No investor would want to come all the way to invest when certain amenities are not put in place which now calls for the government to do their part to have a sustainable economy by giving the basic amenities, making investments and allowing foreign investments which would help reduce the unemployment rate in the country.
The lower the unemployment rate, the higher the economy would thrive and vice versa.
Cheers.
Gingered Up! ❣️