Economy in nepal: scary, scary

April 6, 2024
1 min read

The USA economy is booming this year:

  • 300,000 new jobs in construction and healthcare and goverment: so it is mostly blue worker workers
  • low inflation
  • high interest rates
  • 30 million immigrants

But Nepal is going the exact opposite direction: thousands of jobs lost for blue and white collar workers, high inflation due to fuel hikes, lowering interest rates, 2 million migrants.

Sometimes the situation of nepal scares me. it is a self-fulfilling prophecy of the negative kind. Worse: people are not prepared and they are filled with the old concepts of success. they still think that being busys and having lots of money is success. even if it was only few will be able to taste such a success in the coming decade with things don’t change.

what will happen next?