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Economy => Economics => Topic started by: Wysi on March 16, 2020, 08:51:15 AM



Title: Corona has killed economy of many businesses
Post by: Wysi on March 16, 2020, 08:51:15 AM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?


Title: Re: Corona has killed economy of many businesses
Post by: Meowth05 on March 16, 2020, 08:55:48 AM
How long will it last? What's the antidote for Corona?
Currently there is no telling when will it end but hopefully scientists and doctors around the world are doing their best to finish an antidote, vaccine and cure for this virus. Yes it crashes businesses but what can we do about it? Economy suffers when there is a crisis.



Title: Re: Corona has killed economy of many businesses
Post by: pragna on March 16, 2020, 09:53:20 AM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

Yes, you are right here but matter of sorrow that there is no antidote yet for COVID-19. It was astonishing that at present scientific world men are going to death more and more with a virus!! Again news that COVID-19 changing its DNA so that initial medicine did not working. It is so worried matter now.

Finally nobody does not know when it will cure and economy as well as.


Title: Re: Corona has killed economy of many businesses
Post by: julius caesar on March 16, 2020, 11:04:02 AM
 :)
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
We do not have any idea if how long it will last because it already spread all over the world. I just hope that people will now find a solution to stop the transmission of this virus. Lets just pray for those people who is infected that they will be able to heal sooner or later.


Title: Re: Corona has killed economy of many businesses
Post by: FanatMonet on March 16, 2020, 11:13:26 AM
Unfortunately this is a market, the weakest will sink into oblivion, the strongest will survive these times. Then, when the market recovers, on the contrary there will be a boom of discoveries of what was closed, because there will be a free niche for them.


Title: Re: Corona has killed economy of many businesses
Post by: CaVO32 on March 16, 2020, 11:29:44 AM
:)
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
We do not have any idea if how long it will last because it already spread all over the world. I just hope that people will now find a solution to stop the transmission of this virus. Lets just pray for those people who is infected that they will be able to heal sooner or later.

They are already in clinical trial this coming monday. so hopefully, it will turn out positive for the test subjects. but will be quite a while before they can validate results. this pandemic really needs to stop or at least slow down. everyone is affected by this virus. shops shutting down, manufacturing companies shutting down, tourism is down, and for those with lockdown area -pretty much everything is shut down. people will get hungry and there's nothing to buy.. this is very possible scenario for those areas that are in total lockdown.

https://www.marketwatch.com/story/coronavirus-vaccine-clinical-trial-starts-monday-us-official-says-2020-03-15


Title: Re: Corona has killed economy of many businesses
Post by: Wexnident on March 16, 2020, 11:56:04 AM
Isn't kill a bit too much to use as a description? I'd use halted or something similar. It's not like a temporary stop is going to kill the entire company from the ground up, more like a setback or the like. Yes, it has huge damages, but as a company, they should be pretty much able to safely reduce the damages to a minimal, and set up a plan to cover for those damages. Sadly, those can't be implemented until the virus still persists.

The antidote for all these problems? Pretty much the vaccine. As long as one is made, the market would probably go back to normal, the business would slowly start going back to work, Hell, they may even put out various offers and the like to satisfy the needs and wants of the citizens after a long time of being quarantined. Tests on humans would start by April, as said by the article below, and they pretty much had a headstart regarding cures because of the efforts of China as well as the advanced research made by vaccinologists.

source: https://www.theguardian.com/world/2020/mar/16/when-will-a-coronavirus-covid-19-vaccine-be-ready-human-trials-global-immunisation (https://www.theguardian.com/world/2020/mar/16/when-will-a-coronavirus-covid-19-vaccine-be-ready-human-trials-global-immunisation)


Title: Re: Corona has killed economy of many businesses
Post by: bitbunnny on March 16, 2020, 12:28:36 PM
I guess that even scientists can't tell how long corona virus will last and how big consequences will be. But one is certain, the longer it lasts the deeper world economy will fall and all governments should already have recovery strategies in place.
If in a month or two everything gets back to normal it's shouldn't be that bad but if situation exalates even more I think that world doesn't have the solution and that is definetely the way to global recession.


Title: Re: Corona has killed economy of many businesses
Post by: mu_enrico on March 16, 2020, 12:36:22 PM
Yea, that sucks. I have a business in tourism too, and I'm (seriously) worried about this lockdown. To be honest, I'm not afraid if I somehow infected with the virus, but more about my economy.

How long will it last? What's the antidote for Corona?
There is no antidote, just like the common flu, we need to develop antibody and limit the infection. Since the infection follows a bell curve, IMO it will take about four months from the first infection till the recovery. It hasn't reached the peak in most of the countries I'm afraid.

CMIIW first infection is about Dec 2019, and the recovery is about March 2020, about four months:
Quote
The spread of Covid-19 in the country has slowed dramatically, according to China's National Health Commission. Whereas the commission reported thousands of new cases daily only one month prior, it said Saturday that there were 13 new deaths and just 11 new cases, including people who recently arrived in China from other affected countries like Italy. More than 65,000 people have recovered from the disease in China.
Source: https://www.thestar.com.my/news/regional/2020/03/14/china-recovers-but-elsewhere-covid-19-is-rising

So we could expect everything is great again in about July 2020.


Title: Re: Corona has killed economy of many businesses
Post by: Questat on March 16, 2020, 12:45:19 PM
Killed? Maybe now, I say the right term is "killing", but of course they'll recover soon and I think other countries are getting support from the government especially those small businesses who's their sole source of income is from their business.

If there is no lockdown, the economy would be worsen as the infected will even spread faster, the government are now picking which is the best solution, and I am pretty sure government have contingency for unforeseen events like this.


Title: Re: Corona has killed economy of many businesses
Post by: Xampeuu on March 16, 2020, 01:41:16 PM
Killed? Maybe now, I say the right term is "killing", but of course they'll recover soon and I think other countries are getting support from the government especially those small businesses who's their sole source of income is from their business.

If there is no lockdown, the economy would be worsen as the infected will even spread faster, the government are now picking which is the best solution, and I am pretty sure government have contingency for unforeseen events like this.

I guess I only slept a few moments for many of these businesses. and that is not for all businesses, because various needs are profitable right now, although this is not ethical to talk about, but the reality is like that. after this virus is dealt with, I think many sleeping businesses will wake up again, and that will definitely happen


Title: Re: Corona has killed economy of many businesses
Post by: Assface16678 on March 16, 2020, 01:45:15 PM
Killed? Maybe now, I say the right term is "killing", but of course they'll recover soon and I think other countries are getting support from the government especially those small businesses who's their sole source of income is from their business.

If there is no lockdown, the economy would be worsen as the infected will even spread faster, the government are now picking which is the best solution, and I am pretty sure government have contingency for unforeseen events like this.

I guess I only slept a few moments for many of these businesses. and that is not for all businesses, because various needs are profitable right now, although this is not ethical to talk about, but the reality is like that. after this virus is dealt with, I think many sleeping businesses will wake up again, and that will definitely happen

Today we are having a lot of problems because of the pandemic plague spreading for over the world and it is better if we are keep trying to make a move to avoid these but still, the government make a rule immediately that it is better if you keep safe in your houses instead going to work or to your business to avoid having physical contact with other people, just a few months you will experience this and we are hoping it came back again into normal that we can go to our work and being productive and earn our salary. Still, it is better if we make some hobby to be still productive.


Title: Re: Corona has killed economy of many businesses
Post by: plvbob0070 on March 16, 2020, 01:46:49 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

Based on what I see many establishments in our city are now close and it also because of the Corona Virus. This virus is very devastating aside from bringing down one's economy it already kills thousands of people. This pandemic is also brought down the price of different cryptocurrency and to be honest, it really hurt my eyes whenever I see the notification on my phone that bitcoin is down and I'm sure some of the holders of bitcoin is now also facing massive loss. IMO, The longer it gets to formulate a vaccine for the virus, the higher the chance that the economy will fall especially if the country is in lockdown.

How long will it last? What's the antidote for Corona?
Right now there's still no cure or antidote but what we can do is to strengthen our immune system. That's the best we can do. Because I've read somewhere that you're own body is fighting the virus so you just need to have a strong and healthy body. Always remember to do proper hygiene and take vitamins.


Title: Re: Corona has killed economy of many businesses
Post by: naaimmd on March 16, 2020, 02:02:53 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

I think this will put a huge effect on the world since most of the world economy depends on Factory. Already a few countries in lockdown and many countries will follow the same protocol which might lead to huge economic downfall. the only business that going to make money now is pharmacy and food-related business. as for crypto, it might fall also because right now people need cash more than anything


Title: Re: Corona has killed economy of many businesses
Post by: naaimmd on March 16, 2020, 02:09:43 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

Based on what I see many establishments in our city are now close and it also because of the Corona Virus. This virus is very devastating aside from bringing down one's economy it already kills thousands of people. This pandemic is also brought down the price of different cryptocurrency and to be honest, it really hurt my eyes whenever I see the notification on my phone that bitcoin is down and I'm sure some of the holders of bitcoin is now also facing massive loss. IMO, The longer it gets to formulate a vaccine for the virus, the higher the chance that the economy will fall especially if the country is in lockdown.

How long will it last? What's the antidote for Corona?
Right now there's still no cure or antidote but what we can do is to strengthen our immune system. That's the best we can do. Because I've read somewhere that you're own body is fighting the virus so you just need to have a strong and healthy body. Always remember to do proper hygiene and take vitamins.

Agree many people think maybe crypto is safe from coronavirus but reality is different so why crypto is also falling? answer is simple people need cash and crypto is no stable solution for us so people are keeping cash and if lockdown happens in more countries and it doesn't get better all-economy will fall and BTC might go down below 1000$.


Title: Re: Corona has killed economy of many businesses
Post by: The Sceptical Chymist on March 16, 2020, 02:27:00 PM
I don't know much about this particular virus, but viral pandemics tend to burn themselves out--how long that's going to take with coronavirus is anyone's guess, but it's not going to go on forever.  At least the panic isn't even if the virus and infections with it stick around.

And I would also say that it hasn't destroyed the economy, just kicked its ass.  And the real effects remain to be seen, e.g., in next quarter's and this year's results for a lot of corporations.  It'll probably be a bloodbath, but who knows.


Title: Re: Corona has killed economy of many businesses
Post by: stompix on March 16, 2020, 04:17:37 PM
How long will it last? What's the antidote for Corona?

Nobody knows and nobody can launch an antidote without testing it, so not in the next 6 months.

As for the main title:

Quote
Corona has killed economy of many businesses

No, not yet.
The worse is yet to come as right now people are still working, not everything is closed down, families still have cash reserves, the effect in the economy is just biting the tourism and transportation, then there will be services like restaurants and coffee shops, then the business that sold those people which are now paid 1/2 of their wage stuff and then...like an avalanche. It's just the beginning and the longer this lockdown takes the worse the effects.

In the worse scenario, 2007 will look just like a rainy day when the cashier forgets to add the fires to your order compared to this.

Yea, that sucks. I have a business in tourism too, and I'm (seriously) worried about this lockdown. To be honest, I'm not afraid if I somehow infected with the virus, but more about my economy.

My cousin has a 20 rooms hotel, usually is sold out for Easter.
Well, the good news is that it was sold out a month earlier with packages going out more than 66% of the usual price, the bad news is that 16 have already been canceled and he's got just one booking more while dropping the price 25%. He is thinking of shutting it down on the 30th.

The employees will be sent home, the catering business which provides the food will take a hit...he himself will have to cut spending...the snowball effect.


The Pharmacist:
I don't know much about this particular virus

Oh god, even the pharmacists don't know anything certain..
Run for the hills!!!! ;D ;D ;D Every satoshi for himself!!  ;D


Title: Re: Corona has killed economy of many businesses
Post by: johnyj on March 16, 2020, 05:51:27 PM
If all the countries can take a coordinated action (self-isolation like all the people did in China) and contain the virus in each persons home or hostpital, then virus will die in two weeks, either killed by the man they infected or by time, which is no more than a few days)

However, some countries like England and Sweden are taking a normal approach, let it spread, only cure the infected people, then it will jump from person to person, lasts much longer, eventually reaching everywhere and it will take months or years to stop it


Title: Re: Corona has killed economy of many businesses
Post by: jakelyson on March 16, 2020, 06:10:50 PM
If all the countries can take a coordinated action (self-isolation like all the people did in China) and contain the virus in each persons home or hostpital, then virus will die in two weeks, either killed by the man they infected or by time, which is no more than a few days)

However, some countries like England and Sweden are taking a normal approach, let it spread, only cure the infected people, then it will jump from person to person, lasts much longer, eventually reaching everywhere and it will take months or years to stop it

A very simple solution to a very complicated problem. This could work if only all of us will be disciplined enough to follow self and community quarantine. But most of us are hard-headed idiots who defy government mandates. Like in our country, the President issued a community quarantine and curfew but some responded with a rally. Instead of cooperating so we can flatten the curve of infection, some choose to do the opposite.

Businesses can be restarted. Economies can recover. But we need all of us to cooperate so we can at least slow down the spread of the virus until our scientist finds a cure.


Title: Re: Corona has killed economy of many businesses
Post by: fudster on March 16, 2020, 06:22:42 PM


It will just die on its own after 2 weeks of isolation?

Lucky are the ones who are not friendly when virus plague an entire continent. Unfortunately for the virus is that its strain isn't so strong but can only be fatal to the ones with weak health conditions. If you have no heart disease or diabetes you are not safe to join a social gathering for the virus can easily get into your system. Cities are lockdown and if it continues for another month, looting and killing will be another problem.


Title: Re: Corona has killed economy of many businesses
Post by: Yatsan on March 16, 2020, 06:24:56 PM
How long will it last? What's the antidote for Corona?
Currently there is no telling when will it end but hopefully scientists and doctors around the world are doing their best to finish an antidote, vaccine and cure for this virus. Yes it crashes businesses but what can we do about it? Economy suffers when there is a crisis.


There are already drugs that is being tested that is known to work with some virus like corona in other countries but the thing is people have different body composition so there would be a lot of factor to consider especially with different races so it means that the first ever 'cure' won't be applicable to all. I guess we are going to suffer a bit more not only with the health but also with the major things it affects like the businesses. We are going to feel more of its effect possibly in 6 months making a large quantity of damages. I hope we'll get any better, salute for every health workers!


Title: Re: Corona has killed economy of many businesses
Post by: AniviaBtc on March 16, 2020, 06:50:09 PM
How long will it last? What's the antidote for Corona?
Currently there is no telling when will it end but hopefully scientists and doctors around the world are doing their best to finish an antidote, vaccine and cure for this virus. Yes it crashes businesses but what can we do about it? Economy suffers when there is a crisis.



It will take 3 - 5 years to discover the vaccine for that Covid-19 because this virus suddenly appeared and we didn't notice that it can spread faster and faster. However, our scientist around the world are working extra and hard to study the virus and to find out what can cure it. In this kind of crisis, the countries should help each other to control their people to lessen the transmission of the virus. If it needs to implement lockdown to some part of a country, then the people must follow what government says. We all know that our economy is also affected because people aren't able to work and have no salary to feed for their family. Malls and community workers are suspended because they are also included in the lockdown. People aren't able to go outside and the market will decrease its volume, but buying goods is necessary during times like this, so in some ways it balanced. Good thing, there are some patients that are discharged from the hospitals and recovered from the Covid -19 and they can go home safely.


Title: Re: Corona has killed economy of many businesses
Post by: Yamifoud on March 16, 2020, 10:32:31 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
That it makes more pandemic, not only affects our health but also in economic stability. The whole world suffers big losses in all types of business and this could extend more days as the virus still continue to spread. Doctors never say an expected time frame for the resolution of this threat and until today, they'll never find a cure for this.

I'm sure, nobody expects this thing to happen in crypto but then, we are in big struggles and the market prices it dumps slowly and slowly, in fact, we are almost the same as we started last year $3.6k (if I'm not mistaken).


Title: Re: Corona has killed economy of many businesses
Post by: johnyj on March 17, 2020, 12:15:00 AM
Since the transportation and production capacity are limited, I think there will be a huge spike in the price of almost every consumable things. However, since the income of many people have reduced, they have to sell every asset to cope with the rising costs, again, only who have access to newly created money will buy assets cheap


Title: Re: Corona has killed economy of many businesses
Post by: Janation on March 17, 2020, 01:34:48 AM
These are all obvious with a pandemic like this.

Corona Virus or now usually called CoVid-19 is a pandemic the world now is facing. Businesses will be really ruined because of this and that is the reason why some companies even encourage their employees to work at home so that they could continue their jobs and at the same time safe from the virus and following the quarantines that are happening in every country. As far as I know, there is this medicine that is said to be green-lighted by the government. (https://news.mb.com.ph/2020/02/17/first-antiviral-drug-gets-green-light-to-fight-covid-19/) It's been a while but we have no updates about this. It is said to take months for a reliable medicine but for now, we should focus on taking our family and our people just by starting with ourselves. Always remember that prevention is better than cure.


Title: Re: Corona has killed economy of many businesses
Post by: yanto@1977 on March 17, 2020, 03:52:45 AM

How long will it last? What's the antidote for Corona?

We don't know until when corona will disturb global economy but about antidote I believe every country try to find it. This time they focus to recognize and quarantine the people and area, to minimize victim. At May - June there is bitcoin halving that have potential reduce bitcoin value, this 2020 maybe will become the worst year for crypto. Try to stay calm and make another plan because Corona already break our first plan, doing nothing will never change our life, at lest try it so we know how good the result.


Title: Re: Corona has killed economy of many businesses
Post by: KrisAlex18 on March 17, 2020, 06:28:09 AM
COVID-19 is so dangerous, as of March 15, 2020 there are already 153,517 number of COVID-19 cases worldwide, 5,735 number of deaths from COVID--19 and that statistic is really alarming because there are so much many people that are affected by the virus. There are a lot of business that is going down because of the virus, especially those businesses that rely on the customers or to the people, like the restaurants, there are so many people who afraid to go outside and eat to the restaurants because of the virus.

This virus keeps on spreading around the world, that is the scariest thing about the virus, there will be a lot of people that will be affected and as of this day, there is still no cure for the virus.


Title: Re: Corona has killed economy of many businesses
Post by: imstillthebest on March 17, 2020, 06:38:16 AM
well no one knows if how long this will last but ive been seeing some hope thru news which are kinda bit positive  . news state that many people are recovering from time to time but apart from that there are news too that declare new cases and a new country that is now an epicenter of the virus   . there are known antidote yet but its not released yet on many parts   . i think its been tested first carefully before they distribute it just to be safe   .  the damage is massive right now and  everyone is affected  so people are still praying and hoping for everyones recovery


Title: Re: Corona has killed economy of many businesses
Post by: Negotiation on March 17, 2020, 06:46:07 AM
Many of Coroner's business economies have been disrupted and no solution has been found so far. As you rightly said no way to cure the virus has been found till today and no one knows for sure how long it will last. Trade-in every country has stopped since the Coronavirus has spread to almost every place in the world. And people are getting less out of the house for fear the shop jute is almost all closed In that case it has become very dangerous for every country.


Title: Re: Corona has killed economy of many businesses
Post by: bitgolden on March 17, 2020, 07:37:09 AM
Unfortunately, it will be a lot worse than everyone considers. Now, you see china and you do not think of anything because it is china, we have literally seen them let people die in closed doors in order to not spread it around, so we can't really do empathy with them and I understand that. But what about Italy?

We have people who own a pizza shop there, they are not overly poor but they are working poor, that person basically survives thanks to money he makes but one big bad thing and they are suddenly poor. That dude is sitting at home trying to figure out how he could not work because of corona fear but also how he could pay the bills as well. This is just one small pizza shop that is affected, can you imagine how bigger this gets the more we take a look at everything else? It is HUGE.


Title: Re: Corona has killed economy of many businesses
Post by: tvplus006 on March 17, 2020, 09:25:38 AM
How long will it last? What's the antidote for Corona?
Currently there is no telling when will it end but hopefully scientists and doctors around the world are doing their best to finish an antidote, vaccine and cure for this virus. Yes it crashes businesses but what can we do about it? Economy suffers when there is a crisis.

A coronavirus vaccine is already being tested in America. But even if the tests are successful, mass use of the vaccine will not be earlier than 1 year. In addition to the coronavirus, the economy is hindered by the financial crisis, which will also go on for several years. Therefore, we need to learn to live in such realities.


Title: Re: Corona has killed economy of many businesses
Post by: milewilda on March 17, 2020, 09:57:20 AM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

Anything that correlates to a simple virus specially a new one shouldnt really be downplayed so easily or should really be ignored.I do have the same impressions when its still just small where i do treat that
this one is just similar on that ASF (African swine flue) etc. but i didnt expect that it would really be this big.Lots of businesses are indeed being heavily affected to this one specially on malls and transport where
crowd is present.

Talking on how long it would last? No one knows because as long the vaccine isnt available yet this pandemic issue wont really be resolved.


Title: Re: Corona has killed economy of many businesses
Post by: White Christmas on March 17, 2020, 09:57:58 AM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
It is very sad that the coronavirus has been more disastrous and have a huge impact to our market especially to the business and workers of the different country. This is really a sad part of this virus because it brings negative outcome for us especially to the economic growth of a country because I am pretty sure that the economic stand of the countries will dump just because of this disastrous virus that occurs on us.


Title: Re: Corona has killed economy of many businesses
Post by: Kakmakr on March 17, 2020, 11:24:53 AM
The economical antidote for Corona, is not to panic. Your bitcoins are not going to be infected with the virus, but rather contaminated by the hype surrounding it. The contamination come in the form of panic selling and misinformation and it will lead to a lower price.

People look at stock and share prices on industries that are directly affected by the Corona pandemic and they pull their capital from other investment options that are not directly affected.  ::)  The sheep are following other sheep down the cliff.... Yes, people might be shifting their investments to safe havens, but what happens when things return to normal? Answer : A sharp decline in the price of the safe havens.  ::)


Title: Re: Corona has killed economy of many businesses
Post by: bitcoinst on March 17, 2020, 05:52:02 PM
In fact, the situation is very funny and paradoxical. Typical mass hysteria organized by government apparatuses of all countries.
Mortality from the coronavirus is only 1%, but already a large number of countries have closed their borders from each other. This will primarily hit the pocket of ordinary citizens


Title: Re: Corona has killed economy of many businesses
Post by: mersal on March 17, 2020, 08:47:43 PM
How long will it last? What's the antidote for Corona?
USA medical dept said they developed a cure for this virus and it will take 6 weeks time to know the actual results which is already under test on a human being.But they also mentioned it will take at least 12 months for public people availability means its still a long way to go and more worse is yet to come. :(


Title: Re: Corona has killed economy of many businesses
Post by: FanatMonet on March 17, 2020, 11:00:35 PM
In fact, the situation is very funny and paradoxical. Typical mass hysteria organized by government apparatuses of all countries.
Mortality from the coronavirus is only 1%, but already a large number of countries have closed their borders from each other. This will primarily hit the pocket of ordinary citizens
Well, in general, not 1%, but 2.3%. Moreover, there is a strict division into age groups, the older the person, the higher the mortality rate. If in people under the age of 39 years, it is only 0.2%, then over 80 years, as much as 15%. And given that, on average, the countries in Europe and North America are the oldest nations, the blow for them can be very painful (as a vivid example of Italy).


Title: Re: Corona has killed economy of many businesses
Post by: AmoreJaz on March 17, 2020, 11:05:59 PM
In fact, the situation is very funny and paradoxical. Typical mass hysteria organized by government apparatuses of all countries.
Mortality from the coronavirus is only 1%, but already a large number of countries have closed their borders from each other. This will primarily hit the pocket of ordinary citizens
Well, in general, not 1%, but 2.3%. Moreover, there is a strict division into age groups, the older the person, the higher the mortality rate. If in people under the age of 39 years, it is only 0.2%, then over 80 years, as much as 15%. And given that, on average, the countries in Europe and North America are the oldest nations, the blow for them can be very painful (as a vivid example of Italy).

older/sick people doesnt have the immunity to fight the virus anymore, the reason why the mortality rate is higher than any age groups. the lockdown of many countries i think is reasonable. just precautionary measures to avoid further spread of the virus. since the vaccine is still in trial phase, everyone is still not safe
but yes, this pandemic indeed hit us hard!


Title: Re: Corona has killed economy of many businesses
Post by: onrise on March 18, 2020, 09:24:40 AM
In fact, the situation is very funny and paradoxical. Typical mass hysteria organized by government apparatuses of all countries.
Mortality from the coronavirus is only 1%, but already a large number of countries have closed their borders from each other. This will primarily hit the pocket of ordinary citizens

The difference between the previous virus and this is that previously the viruses were not spreading from human to human as far as I have read and heard. And this virus is different because it spread from person to person which is more dangerous and that is why it has being put under pandemic. This is really getting serious as many cities are getting lock down and due to which majorly all business worldwide has taken hit already.


Title: Re: Corona has killed economy of many businesses
Post by: Subbir on March 18, 2020, 12:03:49 PM
The only antidote to the Coronavirus is time. The only antidote for the coming depression and loss of faith in Government is Bitcoin.

Coronavirus has the foremost effects of bitcoin its value are going to be so low that nobody can imagine. the govt is unable to try to to anything but Bitcoin is under the control of nobody, but the virus is reducing investment and therefore the demand for it's decreasing economically because Bitcoin has dropped such a lot.


Title: Re: Corona has killed economy of many businesses
Post by: Kiddy0831 on March 18, 2020, 12:07:47 PM
Many Company forced to shutdown because of the effect this pandemic. Specially those company who made business with China, it was there supplyer of there materials. But now as I observed global is suffering about this disease. I hope this will end soon.


Title: Re: Corona has killed economy of many businesses
Post by: Leonardo7 on March 18, 2020, 12:19:44 PM
Fear is gripping my nation as my health sector is not prepared for the outbreak, if there is an outbreak in my nation like in Italy, then people are mostly going to die of hunger than the disease itself. My Crypto asset has gone down below expectations. I would that the world turn to Crypto.


Title: Re: Corona has killed economy of many businesses
Post by: iv4n on March 18, 2020, 12:45:25 PM
I need to add more on this headline, corona has killed many businesses and it seems it will kill many more. It seems like politicians don't know what to do, all options are open, and this closing will last for months maybe. Casinos, schools, many stores are closed... Coffee shops, restaurants and stores that will work will have rules, 1 person in 2 meters, old people to not get out, and many other rules. Nobody knows when will we see the end, some people already lost a bunch of money, and there are no good news for now.
This will turn to hell for some businesses, owners and workers, their families. But like always some businesses are making a lot of money. We will see what will happen, markets are going down and what happens around I think we will see more dropping in upcoming weeks.


Title: Re: Corona has killed economy of many businesses
Post by: alexsandria on March 18, 2020, 12:54:19 PM
It is true that the economy of the businesses right now are dying because of this virus called COVID19 or the coronavirus and it is very sad for us to know that because we all know that if yhr business are dying then probably the market will eventually dying aldo so it would be better if this corona virus will stop right now so that it will not affect the economy of once company or business and so that the market will not continue to dump.


Title: Re: Corona has killed economy of many businesses
Post by: ethereumhunter on March 18, 2020, 01:26:53 PM
How long will it last? What's the antidote for Corona?

I wonder if there is someone who will know how long the Corona will happen because so far, the vaccine still not be found, so people still need to survive. I am sure the scientist will found the vaccine so that it can help a thousand people who get infected. All countries still trying to figure out how the Corona Virus works so they can find the vaccine or the antidote for Corona. We can hope that it will not take too long before many people get infected too.


Title: Re: Corona has killed economy of many businesses
Post by: kaya11 on March 18, 2020, 01:53:05 PM
I need to add more on this headline, corona has killed many businesses and it seems it will kill many more. It seems like politicians don't know what to do, all options are open, and this closing will last for months maybe. Casinos, schools, many stores are closed... Coffee shops, restaurants and stores that will work will have rules, 1 person in 2 meters, old people to not get out, and many other rules. Nobody knows when will we see the end, some people already lost a bunch of money, and there are no good news for now.
This will turn to hell for some businesses, owners and workers, their families. But like always some businesses are making a lot of money. We will see what will happen, markets are going down and what happens around I think we will see more dropping in upcoming weeks.

1 meter rule is now one of the measures that is taken out in our city, there are public utility vehicles but only few can ride like 2 eats apart from each other. This leads to people with no personal vehicles to run dry quickly as the price fair has risen up from 10 cents to 2 dollars each person. Aside from that our government is implementing a 2 person each house hold that can go outside this coming Friday and anyone caught on the road without a pass will be locked. We don't know yet what is there to come and when this will end, but if the trade from outside the city like foods will be banned, then this will be another problem, people will likely to panicked even more. Better we stay ready for the worst.


Title: Re: Corona has killed economy of many businesses
Post by: conected on March 18, 2020, 02:11:21 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
It is very sad that the coronavirus has been more disastrous and have a huge impact to our market especially to the business and workers of the different country. This is really a sad part of this virus because it brings negative outcome for us especially to the economic growth of a country because I am pretty sure that the economic stand of the countries will dump just because of this disastrous virus that occurs on us.
- The situation has come to many businesses so suddenly and has killed the economy of many businesses, create an atmosphere full of anxiety every day, although this is something no one wants to happen but it happened, the damage of businesses can be quite large but the government will definitely have some help, even provide economic support and direction when the recovery begins. So this is not a moment of endless sadness, everything can still return as long as we continue to survive, the priority task right now is to protect the health and loved ones


Title: Re: Corona has killed economy of many businesses
Post by: matchi2011 on March 18, 2020, 03:24:02 PM
It is true that the economy of the businesses right now are dying because of this virus called COVID19 or the coronavirus and it is very sad for us to know that because we all know that if yhr business are dying then probably the market will eventually dying aldo so it would be better if this corona virus will stop right now so that it will not affect the economy of once company or business and so that the market will not continue to dump.
If this will continue it will take a lots of time before people will start to invest back, most of them will stay away and find other venue of investment.
Corona really hurting the entire economy as a whole, the entire world are suffering and nothing escapes the problem.
Study and take chance once you are already sure about your assessment.


Title: Re: Corona has killed economy of many businesses
Post by: Blackdeath on March 18, 2020, 03:31:48 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
The pandemic of corona virus had made a huge impact in every businesses and companies due to lockdowns and community quarantines, that is why a lot of productions have stopped and only pharmacies have only increased their incomes and other foods and beverages.


Title: Re: Corona has killed economy of many businesses
Post by: abhiseshakana on March 18, 2020, 04:20:51 PM
The pandemic of corona virus had made a huge impact in every businesses and companies due to lockdowns and community quarantines, that is why a lot of productions have stopped and only pharmacies have only increased their incomes and other foods and beverages.

Changes and dynamics of the current global economic environment are very fast. That happened because of the spread of the coronavirus in various countries. The global economy which is driven by the movement of goods and people will be affected.

In addition, business slowed down and even stopped because investors and business people began to withdraw their money to be on guard and urgent preparations due to fears of lockdown and the spread of the coronavirus could last longer and the impact might also be greater due to the scale of the outbreak that has been globally infected.

Corona has caused a blow to companies engaged in the service sector, transportation to tourism. And it has a bad pinball effect for many countries especially those that depend on China because China is the biggest export market and also the biggest importer.

What the state can do is mitigate the risk of the coronavirus. Many people argue that the economy will recover, after an incubation period of two months, plus the repair process for the next four months. That way, then in six months the economy of a country is expected to slow down and is predicted to improve in the second half. The most important thing is the short-term economy to avoid chaos in society.


Title: Re: Corona has killed economy of many businesses
Post by: mu_enrico on March 18, 2020, 04:23:19 PM
My cousin has a 20 rooms hotel...
My business deals with corporate events (MICE), and.. I have zero inquiries after the corona came to visit my country.
Luckily, my company managed to earn big up to that moment, and we have pretty much zero inventories.

Well, my source of income now practically only from the signature campaign. ;D


Title: Re: Corona has killed economy of many businesses
Post by: Farma on March 19, 2020, 06:25:37 AM
I think the antidote is still being sought and developed at this time. I have not heard that an antidote for this virus has actually been found. besides, leading to business, even this economy is quite difficult. it's just that, I don't think that crypto can be affected by this. I thought that the safe investment was in crypto, but seeing the current price down, it made me think that almost all types of investments were paralyzed.


Title: Re: Corona has killed economy of many businesses
Post by: Negotiation on March 19, 2020, 07:34:50 AM
Many Company forced to shutdown because of the effect this pandemic. Specially those company who made business with China, it was there supplyer of there materials. But now as I observed global is suffering about this disease. I hope this will end soon.

Yes because the drug was invented to cure the disease or because the Chinese Embassy said that China has been much easier than before and has been able to prevent the virus. But till now trade in different places of the country has stopped because it has spread to many countries.


Title: Re: Corona has killed economy of many businesses
Post by: xvids on March 19, 2020, 11:25:06 AM
Indeed so many businesses are affected right now I think every business are being affected,
The only business that is doing great right now is the medical and food fields other business are losing some profit.


Title: Re: Corona has killed economy of many businesses
Post by: Farma on March 19, 2020, 02:15:32 PM
Indeed so many businesses are affected right now I think every business are being affected,
The only business that is doing great right now is the medical and food fields other business are losing some profit.
Yes, the most pronounced price increases are drugs, especially antiseptics, and also food. in the fields of health, and food, it looks like their business increase has reached hundreds of percent. Well, this is happening at health centers in my area. however, businesses such as gold, oil, and crypto, seem to experience a pretty severe effect from this.


Title: Re: Corona has killed economy of many businesses
Post by: princesspoppy on March 19, 2020, 04:34:32 PM
No one can tell when this corona virus will end, maybe not even scientists that keeps on doing everything they can to make antidotes and medicine for this virus. And yes, the economy and stock market keeps on suffering from this pandemic. It is very sad and alarming but there's nothing else we can do to stop this except for following the government's rule and implementations about how to keep ourselves safe to lessen the possibilities of getting this deadly virus.


Title: Re: Corona has killed economy of many businesses
Post by: Indymoney on March 19, 2020, 04:38:18 PM
No one can tell when this corona virus will end, maybe not even scientists that keeps on doing everything they can to make antidotes and medicine for this virus. And yes, the economy and stock market keeps on suffering from this pandemic. It is very sad and alarming but there's nothing else we can do to stop this except for following the government's rule and implementations about how to keep ourselves safe to lessen the possibilities of getting this deadly virus.
If this will continue for some more months then surely we have many other casualties in many ways as in third world countries workers going for daily wages will go down and many other small businesses also suffer with big loses which are not easy to recover we are in just start and have very serious impact as many are afraid of job loses and other issues for coming days.


Title: Re: Corona has killed economy of many businesses
Post by: tvplus006 on March 19, 2020, 05:58:06 PM
Many Company forced to shutdown because of the effect this pandemic. Specially those company who made business with China, it was there supplyer of there materials. But now as I observed global is suffering about this disease. I hope this will end soon.

Yes because the drug was invented to cure the disease or because the Chinese Embassy said that China has been much easier than before and has been able to prevent the virus. But till now trade in different places of the country has stopped because it has spread to many countries.

Today, we received very positive news from China: there has not been a single case of a new coronavirus disease in the past 24 hours. But new cases have been recorded in those who have now returned home from Europe. They were all quarantined. And now China has gone from an exporter of coronavirus to an importer of infection.
Many industrial enterprises have resumed their work.


Title: Re: Corona has killed economy of many businesses
Post by: shoreno on March 19, 2020, 06:07:49 PM
Many Company forced to shutdown because of the effect this pandemic. Specially those company who made business with China, it was there supplyer of there materials. But now as I observed global is suffering about this disease. I hope this will end soon.

Yes because the drug was invented to cure the disease or because the Chinese Embassy said that China has been much easier than before and has been able to prevent the virus. But till now trade in different places of the country has stopped because it has spread to many countries.

Today, we received very positive news from China: there has not been a single case of a new coronavirus disease in the past 24 hours. But new cases have been recorded in those who have now returned home from Europe. They were all quarantined. And now China has gone from an exporter of coronavirus to an importer of infection.
Many industrial enterprises have resumed their work.

oh really ? thats a nice news man  . china is the first to hit the virus and many people died and many business were affected so its nice to know that the country was now corona free  .

i think that is also the reason on why btc are going back to normal now because many chinese are now going back to thier work    . i just hope that other country will catch up too asap so that the recovery of all cryptos not just btc are now going to be succesful because there are still a major event that people are waiting and one of it was halving  .


Title: Re: Corona has killed economy of many businesses
Post by: qory on March 19, 2020, 06:39:49 PM
I think many businesses killed economic by Corona virus and almost country have got their money value down, many people panic with Corona virus situation because thousand people around the world get corona and many of them was pass away, we can see how drastically cases in Italy every day.


Title: Re: Corona has killed economy of many businesses
Post by: Vishnu.Reang on March 19, 2020, 06:45:07 PM
I think many businesses killed economic by Corona virus and almost country have got their money value down, many people panic with Corona virus situation because thousand people around the world get corona and many of them was pass away, we can see how drastically cases in Italy every day.

Here in India, the number of confirmed cases are still very low (<200). But the economy has come to a standstill even in rural areas. Almost all the restaurants are closed, and movie theaters and shopping malls are not going to open for the next 1-2 months. IT employees like me are now working from home and most of the migrants in big cities have gone back to their towns and villages. And there is hardly any traffic in the roads, as people are venturing out only in case of extreme emergency. Now imagine how much impact this can have on the economy.


Title: Re: Corona has killed economy of many businesses
Post by: Subbir on March 20, 2020, 01:36:09 PM
I accept as true with you but it isn't just India No Italy Spain Spain Iran has stopped everything in many places round the world and therefore the economics of each country is now under threat. the standard people live a way poorer life they can't get out Business is closed to business and therefore the economy is slowly declining But if it's possible to stop it then everything will return to its original place.


Title: Re: Corona has killed economy of many businesses
Post by: fiulpro on March 20, 2020, 04:13:59 PM
I don't think it is the economy that we should be worried about , it is actually the people.

People make the nation , they make the economy , if people are going to be sick and the government keeps ignoring the fact that is for the welfare of the people not to  actually use people , it would be able to do more good for everyone .

The economy is dependent on the people , if people are not healthy enough to work , they won't be able to support the economic.


Title: Re: Corona has killed economy of many businesses
Post by: matchi2011 on March 20, 2020, 04:19:14 PM
I don't think it is the economy that we should be worried about , it is actually the people.

People make the nation , they make the economy , if people are going to be sick and the government keeps ignoring the fact that is for the welfare of the people not to  actually use people , it would be able to do more good for everyone .

The economy is dependent on the people , if people are not healthy enough to work , they won't be able to support the economic.
Correct the entire economy relies on how the people around are working together, with such unhealthy society the economy will suffer. It's needed to have good communication between the government and the people who are working and helping the entire industry. It should be well balance.


Title: Re: Corona has killed economy of many businesses
Post by: hahay on March 20, 2020, 04:48:48 PM
I think the time to make sure this problem will end cannot be ascertained and also, about the antidote itself seems to still not get the right formula so far but even so, at least the drug or antidote for this corona continues to be developed and we can only hope for the best because it is very clearly, if this problem cannot be resolved as soon as possible then the global crisis will definitely make the situation worse.


Title: Re: Corona has killed economy of many businesses
Post by: BuNga_cute on March 20, 2020, 05:04:52 PM
Indeed the reality is like that, an economic crisis occurred because some businesses suffered losses due to the effects of
the corona virus. I am who have a business in the food sector affected by the corona virus, were forced to close my business.
Because my country's government does lock down for two weeks. If the corona virus is not immediately stopped its will be
very dangerous for the world economy. It can even increase poverty, because many business owners go bankrupt.


Title: Re: Corona has killed economy of many businesses
Post by: Wintersoldier on March 20, 2020, 06:10:44 PM
Indeed the reality is like that, an economic crisis occurred because some businesses suffered losses due to the effects of
the corona virus. I am who have a business in the food sector affected by the corona virus, were forced to close my business.
Because my country's government does lock down for two weeks. If the corona virus is not immediately stopped its will be
very dangerous for the world economy. It can even increase poverty, because many business owners go bankrupt.
Indeed. Most businesses have stopped due to these global pandemic of the corona virus that only pharmacies and markets are the only ones that are not forced to close because people needs these establishments to provide the things that they need while they are staying inside their homes.


Title: Re: Corona has killed economy of many businesses
Post by: Bezobraznike on March 20, 2020, 06:45:15 PM
Indeed the reality is like that, an economic crisis occurred because some businesses suffered losses due to the effects of
the corona virus. I am who have a business in the food sector affected by the corona virus, were forced to close my business.
Because my country's government does lock down for two weeks. If the corona virus is not immediately stopped its will be
very dangerous for the world economy. It can even increase poverty, because many business owners go bankrupt.
Indeed. Most businesses have stopped due to these global pandemic of the corona virus that only pharmacies and markets are the only ones that are not forced to close because people needs these establishments to provide the things that they need while they are staying inside their homes.

   Today the president of my country said that this situation will last for 6 weeks or more. 6 weeks is some minimum, and that is
long. After two weeks many people lost a lot of money, some lost their jobs, everything is closed, and economically situation will
get worst than it's now.
   But we can't do anything except to stay calm and to try to survive. I wish good health to everyone, each of us will lose some
money, but it's better to lose some money than to lose life or someone close.
   


Title: Re: Corona has killed economy of many businesses
Post by: Kasabus on March 20, 2020, 07:15:55 PM
Indeed the reality is like that, an economic crisis occurred because some businesses suffered losses due to the effects of
the corona virus. I am who have a business in the food sector affected by the corona virus, were forced to close my business.
Because my country's government does lock down for two weeks. If the corona virus is not immediately stopped its will be
very dangerous for the world economy. It can even increase poverty, because many business owners go bankrupt.
We maybe owners of businesses or just simply consumers, we have no control of the situation so we should know how to abide with the rules of the government. It's not totally bad if our businesses were killed at the moment but atleast we still have chances to get back once this virus will be totally killed making the flow of the market gets normal again.


Title: Re: Corona has killed economy of many businesses
Post by: WoopDeBoop on March 20, 2020, 07:24:04 PM
now we kinda provocative a real big crisis cause they closed a lot of things almost till may and the things is if they think social distance is the only cure we are f"ked


Title: Re: Corona has killed economy of many businesses
Post by: Gozie51 on March 20, 2020, 08:58:17 PM
Economy suffers when there is a crisis.


To enrich the few whose business won't be affected by such crisis. In this case now, the medical department are benefiting because the world needs medical equipment to tackle the corona virus. Medical products and facilities have gone on the high side but I believe that soon things will get normal again and coins will begin to rise.


Title: Re: Corona has killed economy of many businesses
Post by: Magkirap on March 21, 2020, 02:58:44 AM
Indeed the reality is like that, an economic crisis occurred because some businesses suffered losses due to the effects of
the corona virus. I am who have a business in the food sector affected by the corona virus, were forced to close my business.
Because my country's government does lock down for two weeks. If the corona virus is not immediately stopped its will be
very dangerous for the world economy. It can even increase poverty, because many business owners go bankrupt.
We maybe owners of businesses or just simply consumers, we have no control of the situation so we should know how to abide with the rules of the government. It's not totally bad if our businesses were killed at the moment but atleast we still have chances to get back once this virus will be totally killed making the flow of the market gets normal again.
Indeed, our safety and health is more valuable now than any business because our business is nothing if were not in good shape so in this kind of situation you should not double think about choosing your business. Yes there is a possibility for business owners to be bankrupt but the fact that they are running business they have spare money, what bothers me is those people who only get money from working and now that lockdown is implemented in lots of countries how will they cope up with this?, business is nothing without consumers so best way to beat this virus and this crisis is to be there for one another, business can back later on but now humanity is what needs to be seen in everyone of us.


Title: Re: Corona has killed economy of many businesses
Post by: inanilujimi on March 21, 2020, 04:02:00 AM
even schools in my country have been temporarily disabled, so there is no wider spread of the virus.
there is no definite time when it will return to normal again.
hopefully as soon as possible a cure for covid 19 is found so that the current fears and anxieties can be overcome.


Title: Re: Corona has killed economy of many businesses
Post by: dothebeats on March 21, 2020, 04:56:13 AM
Almost every business in the world currently is operating at a loss. Luckily we have a lot of caring business magnates donating for a cause despite losing millions every day due to the conditions offered by the pandemic. It might take a month or two before this pandemic is cleared on every coast, but til then the economy would suffer for a short while and hopefully recovers.

If there's one good thing this pandemic caused, it is that the world breathed quite a bit and carbon emissions were significantly reduced, apart from humanity working together for a common cause despite their political differences.


Title: Re: Corona has killed economy of many businesses
Post by: YOSHIE on March 21, 2020, 05:13:17 AM
How long will it last?
no one knows for now how many days Corona lasts and for how many more years, it is certain that the virus kills hundreds of people every day, not knowing the poor and rich, officials and commoners, every human being infected there are two choices to die and recover if handled faster by the doctor.

Quote from: Wysi link=topic=5233180.msg54038091#msg54038091
date=1584348675
What's the antidote for Corona?
the offer is not available at the moment, only prevention is available, washing hands during activities, avoiding contact and close conversations with strangers, keeping clean and food, consuming lots of fruit and vegetables.

For now everything is chaotic in all countries people can not go to the office in general activities, only at home and in the immediate environment, people have begun to panic now to deal with the C virus.


Title: Re: Corona has killed economy of many businesses
Post by: BlackFor3st on March 21, 2020, 05:28:40 AM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
It will only last once the vaccine will be discovered but as of the current situation it will take like more than 1 year to fully develop the corona vaccine so we can expect that it will continue to kill the economy of every country that will be hit by this virus. There are many countries that impose a total lockdown in their area in order to prevent the further cases to multiply but the effect to the economy to this move will be very fatal.

The same in our country, the economy really shrink in just a a short period of time because of the lockdown that was being imposed by our government. This virus is not a joke and it will surely kill a country if a country will not impose a strict rules that will help to lessen the infected persons like a total lockdown and etc.


Title: Re: Corona has killed economy of many businesses
Post by: metenjean on March 21, 2020, 05:42:30 AM
many businesses have work killed by Corona virus and get bad impact so far with many people lost much their investment because almost all of investment way drop, now bitcoin as payment currency have faced reality where price increase down after Corona virus cases.


Title: Re: Corona has killed economy of many businesses
Post by: harles9 on March 21, 2020, 07:00:59 AM
The antidote for Coronavirus doesn't exist, but scientists are working on it now. So I hope that in a couple of months the pandemic will be over.


Title: Re: Corona has killed economy of many businesses
Post by: Janation on March 21, 2020, 08:12:54 AM
Indeed so many businesses are affected right now I think every business are being affected,
The only business that is doing great right now is the medical and food fields other business are losing some profit.

All of them are being affected and despite people needing food and medical supplies, they are also affected.

Food businesses are also affected negatively since because of the lockdown, they can't really manufacture foods that easily. Their workers/employees are at their homes with the quarantine. In terms of the medical field, they are having a shortage now to alcohol and face masks which are the most needed of people nowadays.


Title: Re: Corona has killed economy of many businesses
Post by: FanEagle on March 21, 2020, 08:39:31 AM
The thing is, small business' can't survive this because they are not getting the bail out the big ones are getting and that is the biggest trouble here. Why does a government exists? To help its people when in need right?

I am not expecting socialism from the whole world but when the things are getting as horrible as it is right now all of those taxes we paid should not be going towards saving the huge corporations that eventually takes up more money to save than saving a million people, so maybe instead of saving them and giving them tax breaks and letting their debts be free and not taking rent or whatever in the end, we should instead focus on saving millions of peoples economy and maybe we wouldn't have this horrible thing coming our way thanks to it.


Title: Re: Corona has killed economy of many businesses
Post by: Ozero on March 21, 2020, 09:36:33 AM
How long will it last? What's the antidote for Corona?
Currently there is no telling when will it end but hopefully scientists and doctors around the world are doing their best to finish an antidote, vaccine and cure for this virus. Yes it crashes businesses but what can we do about it? Economy suffers when there is a crisis.


The spread of coronavirus will not last long. The US and Italy have already successfully begun testing the vaccine against this virus. In addition, there is an effective use against coronavirus and a number of existing medications, including from rheumatoid arthritis.
Good news also comes from China. Over the past two days, not a single new case of coronavirus has been registered there.
Some enterprises now really cannot fully work, since maximum quarantine measures have been introduced for people. Nothing, difficult times will soon pass and the economy will recover again.


Title: Re: Corona has killed economy of many businesses
Post by: Yamifoud on March 21, 2020, 10:14:22 AM
Other country claims to have the vaccine for this particular virus that means that this will end up sooner, the thing is that we don't know when.
That is why we don't need to lose our hopes and this crisis may over shortly if we also cooperate with what the government and WHO tell us to do.

Small business partners must also have to understand the situation. They can suffer the losses but much more losses if we continue to open without transactions happening. May we think that big business institution survives but we can't deny how much money also they lose for this time. We all are affected by this, its either small or big business groups still in the struggle.


Title: Re: Corona has killed economy of many businesses
Post by: Gheka on March 21, 2020, 01:19:57 PM
Other country claims to have the vaccine for this particular virus that means that this will end up sooner, the thing is that we don't know when.
That is why we don't need to lose our hopes and this crisis may over shortly if we also cooperate with what the government and WHO tell us to do.

Small business partners must also have to understand the situation. They can suffer the losses but much more losses if we continue to open without transactions happening. May we think that big business institution survives but we can't deny how much money also they lose for this time. We all are affected by this, its either small or big business groups still in the struggle.
Businesses are really struggling very hard during this time, this is an unintended incident of everyone, responsibility on this issue does not belong to any side, partners and companies will understand their common problem, they will definitely try to help each other to limit the damage during this period. Big or small losses, time will soon recover for all but if forced to operate during this time, health risks are too great, money will continue to be created if we have health but this will never mean the opposite


Title: Re: Corona has killed economy of many businesses
Post by: adzino on March 21, 2020, 01:30:42 PM
Other country claims to have the vaccine for this particular virus that means that this will end up sooner, the thing is that we don't know when.
That is why we don't need to lose our hopes and this crisis may over shortly if we also cooperate with what the government and WHO tell us to do.

Small business partners must also have to understand the situation. They can suffer the losses but much more losses if we continue to open without transactions happening. May we think that big business institution survives but we can't deny how much money also they lose for this time. We all are affected by this, its either small or big business groups still in the struggle.
Lol at those countries that claim to have vaccine for the virus. Even if they do have it, there is no guarantee that its going to work. A vaccine has to go to trial and it takes more than 8 to 12 months before it can be used and accepted globally. So don't expect to start using those vaccine anytime soon. Even to make things faster, the government decided not to do animal testing and directly try it out on humans.
This loss is nothing compared to the loss we will be facing when the whole world gets infected.


Title: Re: Corona has killed economy of many businesses
Post by: awik p on March 21, 2020, 03:08:01 PM
Other country claims to have the vaccine for this particular virus that means that this will end up sooner, the thing is that we don't know when.
That is why we don't need to lose our hopes and this crisis may over shortly if we also cooperate with what the government and WHO tell us to do.

Small business partners must also have to understand the situation. They can suffer the losses but much more losses if we continue to open without transactions happening. May we think that big business institution survives but we can't deny how much money also they lose for this time. We all are affected by this, its either small or big business groups still in the struggle.
Businesses are really struggling very hard during this time, this is an unintended incident of everyone, responsibility on this issue does not belong to any side, partners and companies will understand their common problem, they will definitely try to help each other to limit the damage during this period. Big or small losses, time will soon recover for all but if forced to operate during this time, health risks are too great, money will continue to be created if we have health but this will never mean the opposite
at times like this of course most businesses experience a setback, with the limited space for people to work, of course, makes companies unable to produce their goods, even though goods can be produced, of course it will be difficult to market. so stay afloat and hope that the plague will quickly get better



Title: Re: Corona has killed economy of many businesses
Post by: bhabygrim on March 21, 2020, 03:17:26 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
True Big or small business are being affected by this virus it is killing the business industry of course medical business is excluded.
I think it would take us so long before we recover from this event I am not talking about crypto I am talking about the business who have been seriously damage by the lockdown due to the virus.


Title: Re: Corona has killed economy of many businesses
Post by: Sanugarid on March 21, 2020, 03:23:00 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
True Big or small business are being affected by this virus it is killing the business industry of course medical business is excluded.
I think it would take us so long before we recover from this event I am not talking about crypto I am talking about the business who have been seriously damage by the lockdown due to the virus.
But in my opinion, small businesses are more affected by the current situation. Imagine they are not operating for less income that what the big businesses does and the fact that big businesses can survive the breakdown from various plans already set the small ones aside. As for recovery, to assume is too early as of now as the virus is spreading at rapid rate. Our government's estimation is from 6 months to 1 year recovery after also months/ a year of lockdown. The problem is very huge and serious now.


Title: Re: Corona has killed economy of many businesses
Post by: Chrystora123 on March 21, 2020, 06:57:42 PM
I opened a car wash business and in the last few weeks my income dropped by 100%, the government in my country imposed "Half Lockdown", so offices and schools were canceled, the effects of Covid-19 were truly extraordinary.

How long will it last? What's the antidote for Corona?
for sure.. no one will know how long this pandemic will end but based on the information I got from the news, that currently, researchers are working hard to find the antidote/vaccine from Covid-19.  we just pray that hopefully, good news will emerge..


Title: Re: Corona has killed economy of many businesses
Post by: Twentyonepaylots on March 21, 2020, 10:00:42 PM
I opened a car wash business and in the last few weeks my income dropped by 100%, the government in my country imposed "Half Lockdown", so offices and schools were canceled, the effects of Covid-19 were truly extraordinary.

How long will it last? What's the antidote for Corona?
for sure.. no one will know how long this pandemic will end but based on the information I got from the news, that currently, researchers are working hard to find the antidote/vaccine from Covid-19.  we just pray that hopefully, good news will emerge..
This goes to show that apart from large establishments and developed names in the industry losing dollars due to this coronavirus pandemic, it is the small businesses like this who really will receive the punch in the gut. They're basically the frontliners, and without them assisting any customer, what good are they for? So that's my 50 cents regarding this issue. And instead on focusing on things you can't do or control anything with anymore, try looking for alternatives. Maybe stock up on bitcoins now. It's really cheap.


Title: Re: Corona has killed economy of many businesses
Post by: Sanitough on March 21, 2020, 11:33:09 PM
As the vaccine has not been discovered yet, the more our economy will suffer, everyday the number of infected people has been rapidly growing and though a specific countries are only affected but still globally it would affect the economy as most of the affected countries are major economic leaders in the world.

The only solution to this market struggle now is to find the cure for the virus, then everyone can do their usual things and together we will help our economy to recover.


Title: Re: Corona has killed economy of many businesses
Post by: NavI_027 on March 22, 2020, 12:31:42 AM
As the vaccine has not been discovered yet
US already did their first vaccination trial actually, let's just wait what result it could bring to them. If it will be positive then good for us — if we could not kill the virus for now then having a shield against it is a huge help :).
the more our economy will suffer, everyday the number of infected people has been rapidly growing and though a specific countries are only affected but still globally it would affect the economy as most of the affected countries are major economic leaders in the world.
That was sad to know. Though rich countries such as China and Japan are now recovering, small countries who are infected as well are just starting to mature. Plus with undisciplined countrymen, the rate of spreading rises :(.


Title: Re: Corona has killed economy of many businesses
Post by: Ridwan Fauzi on March 22, 2020, 01:43:49 AM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
Now the people who infected in Chinese have been reducing, the health workers have an antidote to dope the people who infected.

I hope this news will be good information and push many people to don't thinking and feel burdened with this virus.

Because as we know this virus will hit the people who have low immunity cells, for those who have good immunity they will be hard to be infected.

I have been felt how this virus makes my income reduced, I don't have any work right now and the economy in my country has started to decline.

And yeah, there is no one who will know when this pandemic end and the situation back to normal. 





Title: Re: Corona has killed economy of many businesses
Post by: matchi2011 on March 22, 2020, 02:02:47 AM
As the vaccine has not been discovered yet, the more our economy will suffer, everyday the number of infected people has been rapidly growing and though a specific countries are only affected but still globally it would affect the economy as most of the affected countries are major economic leaders in the world.

The only solution to this market struggle now is to find the cure for the virus, then everyone can do their usual things and together we will help our economy to recover.
China's casualties is now getting better as they already find something to contained and fight back the virus, if this solution will be proven to
resolve this pandemic virus then the market will be on it's way to bounce back.
We only need to wait and keep holding as long as we still have the capabilities good thing will come after this downfall..


Title: Re: Corona has killed economy of many businesses
Post by: Twinkledoe on March 22, 2020, 02:24:01 AM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
Now the people who infected in Chinese have been reducing, the health workers have an antidote to dope the people who infected.

I hope this news will be good information and push many people to don't thinking and feel burdened with this virus.

Because as we know this virus will hit the people who have low immunity cells, for those who have good immunity they will be hard to be infected.

I have been felt how this virus makes my income reduced, I don't have any work right now and the economy in my country has started to decline.

And yeah, there is no one who will know when this pandemic end and the situation back to normal. 


I believe that the situation will be back to normal if there will be commercial vaccine that will be available to everyone. But we are counting months and months from now as they are still in the trial phase. If people  will get a shot of this vaccine, people will be more confident in going out and return to business. But til then, I don't think we will be seeing the normalcy very soon.


Title: Re: Corona has killed economy of many businesses
Post by: Kurokonobasuke on March 22, 2020, 09:26:11 AM

Indeed, when the virus are appeared and spread all over the countries, the presidents has an ordered to stop all the unessential business without related in health or people need. So that many businesses are shutdown now. This order can prevent the virus from spreading because the virus has a high rate of spreading when in crowded places that's why the government has ordered it. The thing that we contribute in these cases is to keep ourselves clean and strong for the virus.


Title: Re: Corona has killed economy of many businesses
Post by: qory on March 22, 2020, 01:14:25 PM
Ii have different opinion with Corona virus although killed many business but other side we can buy and invest with some project when price down, maybe without corona virus we can get buy and invest with bitcoin in lower price and bitcoin keep on higher price above $10,000.


Title: Re: Corona has killed economy of many businesses
Post by: Bosx1ne on March 22, 2020, 01:32:33 PM
As the vaccine has not been discovered yet, the more our economy will suffer, everyday the number of infected people has been rapidly growing and though a specific countries are only affected but still globally it would affect the economy as most of the affected countries are major economic leaders in the world.

The only solution to this market struggle now is to find the cure for the virus, then everyone can do their usual things and together we will help our economy to recover.
It is the reason why there are market crashes in different financial instruments. Right now many stocks, indices and cryptocurrencies are continuing to go down because of the pandemic. There are now many businesses and establishments that are forced to close because of the virus that can continue to spread. I know that the market will recover again after this crisis.


Title: Re: Corona has killed economy of many businesses
Post by: bitbunnny on March 22, 2020, 01:48:56 PM
At the moment we can only try to predict how is this going to end, with how much damage but true situation and all the consequences will be visible few months after all this ends. However, I'm afraid that we will have long term bad influence on economies that will be not so easy to repair. This might be the final trigger for world recession and no one can't tell how long is this going to last.


Title: Re: Corona has killed economy of many businesses
Post by: criza on March 22, 2020, 02:17:12 PM
Even though there are still no confirmed or effective antidote for the Corona virus or the ncov-19, we could see positive events happening around the globe. One by one countries begins to understand and becomes cooperative in fighting the virus. People need to abide in the regulations of the Government for orderliness and unity. Like in China, news tells that gradually they are now recovering from it, even with no antidote, just by quarantining people that are infected, little by little, rate of infection or the spread of the disease has decreased.

Sooner, I believed that we will overcome this virus once and for all and hoping for a gradual recovery also in the economic part of the society.


Title: Re: Corona has killed economy of many businesses
Post by: btc_love on March 22, 2020, 05:10:44 PM
It's true. And someone needs it very much that they decided to take such a step so that people die for the sake of some money that will not remain with you, unlike karma.


Title: Re: Corona has killed economy of many businesses
Post by: TimeTeller on March 22, 2020, 11:39:31 PM
Even though there are still no confirmed or effective antidote for the Corona virus or the ncov-19, we could see positive events happening around the globe. One by one countries begins to understand and becomes cooperative in fighting the virus. People need to abide in the regulations of the Government for orderliness and unity. Like in China, news tells that gradually they are now recovering from it, even with no antidote, just by quarantining people that are infected, little by little, rate of infection or the spread of the disease has decreased.

Sooner, I believed that we will overcome this virus once and for all and hoping for a gradual recovery also in the economic part of the society.

For sure, we will surpass this situation. Let us hope that they will release the vaccine sooner than what they are claiming to be another year or 18 months.
Can they determine the potency in a shorter period of time?
Since we have more advanced technology than before, I guess they can assess the potency without waiting that long.


Title: Re: Corona has killed economy of many businesses
Post by: imstillthebest on March 23, 2020, 01:37:15 AM
Even though there are still no confirmed or effective antidote for the Corona virus or the ncov-19, we could see positive events happening around the globe. One by one countries begins to understand and becomes cooperative in fighting the virus. People need to abide in the regulations of the Government for orderliness and unity. Like in China, news tells that gradually they are now recovering from it, even with no antidote, just by quarantining people that are infected, little by little, rate of infection or the spread of the disease has decreased.

Sooner, I believed that we will overcome this virus once and for all and hoping for a gradual recovery also in the economic part of the society.

For sure, we will surpass this situation. Let us hope that they will release the vaccine sooner than what they are claiming to be another year or 18 months.
Can they determine the potency in a shorter period of time?
Since we have more advanced technology than before, I guess they can assess the potency without waiting that long.

right  . technology now are more advance than before so i dont think itll take for too long to formulate and test everything but i think they already have it now  .

  cant you see that many countries are now back to normal and confidently said they are now free from the virus  ?  the only problem here is the dirstribution of the medications i think because some governments are slow and cant accomodate many people at a time   , thats why we saw slow progression on other affected countries  .


Title: Re: Corona has killed economy of many businesses
Post by: coinfinger on March 23, 2020, 09:52:41 AM
Big ones will figure out a way but small ones are going to get killed with this. There is even talks about big companies not being allowed to do share buybacks, think about it, if a company is doing SO BAD why would they want to buy their shares back with the help they get from the government, they should be focusing on paying all of that money to workers and debts and so forth in order to survive. If they are doing buybacks that means they are not doing all that bad, they must be doing alright if they have nothing else they want to spend the money on.

Normally, if a small company gets help, they would pay their workers first, then their rent, then their debts, like whatever "costs" they have, they will want to cover that. Big companies are not like that. When you fire 10k people from your company you literally save tens of millions of dollars per month, that is how they figured out they could save money from that and buy their shares back.


Title: Re: Corona has killed economy of many businesses
Post by: Jeremy Franklin on March 23, 2020, 10:09:46 AM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

Until we find a vaccine (what will take about 1 year from now) the only good strategy is social distancing. If we don't interact with people in a close range, we can not spread the virus. If they virus isn't spread the newly infected will go down and life can go back to normal. The following month will be hard, but I am confident that we can do it, if we stricly follow the rules.


Title: Re: Corona has killed economy of many businesses
Post by: Japinat on March 23, 2020, 10:41:31 AM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

Until we find a vaccine (what will take about 1 year from now) the only good strategy is social distancing. If we don't interact with people in a close range, we can not spread the virus. If they virus isn't spread the newly infected will go down and life can go back to normal. The following month will be hard, but I am confident that we can do it, if we stricly follow the rules.

One year from now with the same situation, I guess the economy would really fall if that happened, they should find the vaccine the soonest possible time as if not, since the number of people infected are increasing rapidly in a daily basis, we might see millions of people get infected and maybe hundred thousands of people would die due to this pandemic.


Title: Re: Corona has killed economy of many businesses
Post by: shushu9977 on March 23, 2020, 03:17:58 PM
It is a very worse and bad time for any kind of business without medicine. Not only local market but also international market bear the huge losses for corona virus (COVID- 19). There are few antidotes given or we knew it the name of antidotes. 


Title: Re: Corona has killed economy of many businesses
Post by: ufaiz50 on March 23, 2020, 03:55:42 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
covid-19 is the same as other types of coronaviruses, where the virus can be removed with the disinfectant that is on every soap and another cleanser. the most important thing right now is how we maintain our cleanliness and break the chain of the spread of this virus. the most difficult to handle is the spread of this virus because its spread is arguably very easy.

It can't be helped, it's already at the pandemic level. I hope this will end soon and life activities can proceed normally, so I feel this economic crisis will soon improve.


Title: Re: Corona has killed economy of many businesses
Post by: TheGreatPython on March 23, 2020, 05:25:36 PM
How could anyone think that billions of dollars lost all around the world, maybe a combined over a trillion dollars lost will not affect the economy. And more importantly how can governments help the huge companies with troubles so they could literally buyback their own shares with that money?

How is that helping the world, at best case you are buying it for people who had enough money to buy shares from those companies, not horrible, that is cool, however it is not enough AT ALL. We are in a situation where even republican Americans are saying there should be one time payment to all citizens so the world can continue to turn.

Giving 1000 dollars to every single american would cost less than 400 billion dollars, every single country could do that with their own national currency and whatever would help, governments are getting our taxes so they could do something with it, right now it is time they pay us back because we can't anymore.


Title: Re: Corona has killed economy of many businesses
Post by: joinfree on March 23, 2020, 05:43:17 PM
Yeah, most countries did not really take the spread of the virus seriously and now it has overwhelmed them with the number of deaths that it has claimed especially in Italy and China. This has really slowed economic activities worldwide and frankly speaking i don't think the spread of the virus is going to go down any moment from now. Better to get some passive income earning source for the time being.


Title: Re: Corona has killed economy of many businesses
Post by: betty11 on March 23, 2020, 07:09:58 PM
This is the first global global plague of the world I will be experiencing. And I was thinking this will only end up in China never knew it was going upon the world and aims to cripple economy of the world. If things are not done fast, there will be further devastation in the economy.


Title: Re: Corona has killed economy of many businesses
Post by: ScamViruS on March 23, 2020, 08:17:48 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

Yeah. No one could have thought that Corona would affect the global economy in this way. Corona is now in effect in almost all countries. Businesses in those countries have closed down with the world. Now only the business of medicine is running and everything else is in a very bad situation. No one knows how long this condition can last. The condition will continue to worsen until the vaccine is released.


Title: Re: Corona has killed economy of many businesses
Post by: Leonardo7 on March 23, 2020, 08:29:00 PM
No one foresaw this disaster that will cripple some economic to their kneels otherwise nations would have been well prepared. When it ht China, the world watched from afar, today it's now dealing with nations and they are forced to close their border. Eventually Crypto will win.


Title: Re: Corona has killed economy of many businesses
Post by: MCobian on March 23, 2020, 11:14:44 PM
It is very scary this corona virus, not only can cause death in humans. But in the economic and business world can have a negative effect.
Therefore many people hope that this corona virus will soon be overcome, so it does not continue to spread. But until now there has not
been found a cure that actually cures the corona virus briefly. As we all know, some countries have done a lockdown so that the corona
virus does not spread, the effect some businesses must close. With this way income will be stopped for some time to come. Now the only
way to make money must be from the internet. And maybe cryptocurrency can be a solution for all these problems.


Title: Re: Corona has killed economy of many businesses
Post by: coupable on March 23, 2020, 11:34:40 PM
Yeah, most countries did not really take the spread of the virus seriously and now it has overwhelmed them with the number of deaths that it has claimed especially in Italy and China. This has really slowed economic activities worldwide and frankly speaking i don't think the spread of the virus is going to go down any moment from now. Better to get some passive income earning source for the time being.
It's difficult to predict since the spread is already wide and those countries who's being triggered doesn't know what to do.
The only thing right now is to keep looking for any possibilities, passive income are there just needed to make a good assessment
and practice the right process.
I can't really get your point about what you mean by "passive income" during the current crisis.
The right process in my opinion is just focusing on not to be infected or infect others.


Title: Re: Corona has killed economy of many businesses
Post by: Kurokonobasuke on March 24, 2020, 06:38:27 AM

How long will it last? What's the antidote for Corona?

We don't know how the virus will last, because the cure for the COVID-19 has not yet developed so that we need to cooperate them not to spread the virus by just following on what our presidents ordered. In addition, prayer is the only thing that we can contribute nowadays, the prayer for all the scientist and doctors that to find a cure, because they do all their best to study and find a cure. And prayer for the volunteers/front liners who are sacrificing themselves to assists people who are in sick or healthy, because it was very dangerous and they are also prone with the virus. Let's fight and pray for the virus.


Title: Re: Corona has killed economy of many businesses
Post by: Polar91 on March 24, 2020, 07:26:48 AM
How long will it last? What's the antidote for Corona?
It depends on how our government handles it. If we can be like China, probably within 4 months we can go back to normal but we are not like them because the law enforcement in various countries isn't enough to really make people disciplined. In terms of its antidote, there is no specific antidote had been patented nor relsesed by the world health orginazation nor local health group as it takes a lot of process to do that. Alternatively, there are health measures that are available already to contain this kind of virus.


Title: Re: Corona has killed economy of many businesses
Post by: carlisle1 on March 24, 2020, 09:17:51 AM
actually i am not believing that Corona Kills more economy because the spread is still being fight by each country and giving preventive measures for not to grow more.

yeah most of economy is downing now but i am sure there is more benefit from this,look at the nature now?the air is cleaning and the nature is greening because of lesser pollution.

and we can make it better soon with the help of each other,for now let us continue the support in crypto market so it wont fall more while we are waiting for the rebound.


Title: Re: Corona has killed economy of many businesses
Post by: Eugenar on March 24, 2020, 10:32:03 AM
This COVID-19 is really disaster to our world, it really affects so many lives, businesses, companies, etc. The community quarantine makes people stay at home and do not work temporarily and that is the reason why so many businesses that gets fall. That is also a reason why the price of the bitcoin or any other cryptocurrency falls, even though cryptocurrency is decentralized system, it is still included to the affected by the virus.


Title: Re: Corona has killed economy of many businesses
Post by: tbterryboy on March 24, 2020, 12:38:29 PM
I am also worried about this Corona virus issue because I am wondering how people are going to be able to get food when it hits my location.

It is not going to be easy mehn, except for those who are rich people , they are going to stock up food in their house and enjoy but the people who don’t even have money for food not to talk of savings or extra food stocked up in their kitchen, these are the ones that are going to suffer it. This is why I really hate this issue of Covid-19 because lots of people, innocent people, are going to suffer from it.

I pray to God everyday that a cure be produced to stop this sickness.


Title: Re: Corona has killed economy of many businesses
Post by: ser7878 on March 24, 2020, 12:47:55 PM
This COVID-19 is really disaster to our world, it really affects so many lives, businesses, companies, etc. The community quarantine makes people stay at home and do not work temporarily and that is the reason why so many businesses that gets fall. That is also a reason why the price of the bitcoin or any other cryptocurrency falls, even though cryptocurrency is decentralized system, it is still included to the affected by the virus.
I am afraid economy won't recover in couple years after such fall. Like imagine how many big and small businesses were affected and still are (and will be in the next couple months).
bankruptcy of some companies is just inevitable


Title: Re: Corona has killed economy of many businesses
Post by: Subbir on March 24, 2020, 01:25:31 PM
This COVID-19 is really disaster to our world, it really affects so many lives, businesses, companies, etc. The community quarantine makes people stay at home and do not work temporarily and that is the reason why so many businesses that gets fall. That is also a reason why the price of the bitcoin or any other cryptocurrency falls, even though cryptocurrency is decentralized system, it is still included to the affected by the virus.
I am afraid economy won't recover in couple years after such fall. Like imagine how many big and small businesses were affected and still are (and will be in the next couple months).
bankruptcy of some companies is just inevitable

I think if the virus are often prevented then the economy will definitely be back It doesn't take too long. Because if the business collapses and everything else is opened then the business will grow again. The transaction of 1 country to a different will begin and therefore the economy will prosper again.


Title: Re: Corona has killed economy of many businesses
Post by: lienfaye on March 24, 2020, 01:38:19 PM
How long will it last? What's the antidote for Corona?
We dont know exactly when will this virus going to vanish but I know this shall pass and we can live our normal life again. This is the first time it happened in our country and its really a serious problem and alarming, all the people were affected and force to stay at home to prevent the virus from spreading. Unfortunately there's no vaccines or treatment that can cure this illness yet but hopefully the scientists can find an antidote that can address this virus.


Title: Re: Corona has killed economy of many businesses
Post by: ArIMy11 on March 24, 2020, 03:04:04 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

I think we all under estimated this Covid-19. We did not ever imagine this kind of situation will coming. Its cases grow so fast and here all we are, it affects every country's economy. It will have a domino effect wherein maybe a country may take a long time to recover from the virus and of course the economy. If we take action to this virus earlier, maybe we are still in normal situation right now. No one can really tell how long this will take. The worst part is not all cases are reported so those people still have a chance to infect others.


Title: Re: Corona has killed economy of many businesses
Post by: Saisher on March 24, 2020, 05:07:41 PM
How long will it last? What's the antidote for Corona?

There are three teams I've known that are working so far they are from Germany, Australia and China they claimed to have the vaccine but clinical testing will take 12 to 18 months, now this is such a very long wait, countries wants cures the soonest because infected are increasing, I hope the scientist can fast tract the cure to at least five months.


Title: Re: Corona has killed economy of many businesses
Post by: Sanugarid on March 24, 2020, 05:31:16 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
I think we all under estimated this Covid-19. We did not ever imagine this kind of situation will coming. Its cases grow so fast and here all we are, it affects every country's economy. It will have a domino effect wherein maybe a country may take a long time to recover from the virus and of course the economy. If we take action to this virus earlier, maybe we are still in normal situation right now. No one can really tell how long this will take. The worst part is not all cases are reported so those people still have a chance to infect others.
We all did, we thought China could handle it easily since they have the medical equipment with outstanding doctors and hospital staffs. We are blinded by this coronavirus and now it's taking over many countries on which of the moment now Italy is at the very high risk of economy collapse. I saw the news earlier that that the Italian president said it is no longer controllable as death rate increases day by day, and added that they are going to sacrifice their economy over their people. It is very kind of him as a leader but I see Italy be suffering a great collapse after a year or so. I don't see the pandemic to be gone until 6months or longer than  that, no one really imagined these things to go out of hand.


Title: Re: Corona has killed economy of many businesses
Post by: Golftech on March 24, 2020, 05:42:49 PM
How long will it last? What's the antidote for Corona?

There are three teams I've known that are working so far they are from Germany, Australia and China they claimed to have the vaccine but clinical testing will take 12 to 18 months, now this is such a very long wait, countries wants cures the soonest because infected are increasing, I hope the scientist can fast tract the cure to at least five months.
With how the outcome from Wuhan china it's very much possible that the Chinese government have the advancement in providing antidote for this virus
though  you are correct it will take some time before it will be proven to be effective.
Clinically base it should have a much quicker results from this 3 countries that have the possible cure or treatment to this spreading virus.


Title: Re: Corona has killed economy of many businesses
Post by: nosferzd on March 25, 2020, 07:43:37 PM
"Killed" is still softly said! Small and medium-sized businesses are virtually destroyed due to the coronavirus. Therefore, it is very important that the government of all countries support them in this crisis: exempt from taxes for at least 3 months, and reduce land rent to 0-0.1% of the cadastral value and return of 50% of utility bills, and reduce loan rates. If this is not done, the "killed" enterprises will completely go to the bottom of the economy.


Title: Re: Corona has killed economy of many businesses
Post by: LazerSMS on March 25, 2020, 08:00:39 PM
maybe we will be regretting the quarantines after seeing what they will unleash


Title: Re: Corona has killed economy of many businesses
Post by: sodiik on March 26, 2020, 03:13:52 PM
The spread of the Corona virus is so fast, making many people worried. Even now the impact on the economy is getting poorer. Many schools, offices and all jobs were canceled. Of course, everyone is starting to panic with the current conditions.

How long will it last? What is Corona's virus antidote?
Without an effective vaccine, I don't know how this will end. But we have to start living clean and follow the advice of the government. That we must conduct self-quarantine at home until the spread of the Corona virus ends.

For the Corona vaccine, I think it's already there but not yet effective. We don't need to panic because many people have been declared cured. So that people who have experienced corona positive can also be recovered.

Our prayers hopefully spread this virus quickly over. The economy will improve again and the Cryptocurrency is experiencing good growth.



Title: Re: Corona has killed economy of many businesses
Post by: DappPromotion on March 26, 2020, 03:36:20 PM
Chloroquine is the most effective short-term solution. This will allow patients to create antibodies against the coronavirus and to inhibit the development of the virus.


Title: Re: Corona has killed economy of many businesses
Post by: TrevorS on March 26, 2020, 04:25:59 PM
It is not a matter of the virus itself, but of the reputation of the media and the world elite around it.
The whole world is quarantined - and this is precisely the main problem. Manufactures are standing, businesses are not functioning. How long will we last in complete isolation from each other?


Title: Re: Corona has killed economy of many businesses
Post by: wxxyrqa on March 26, 2020, 07:00:00 PM
It is not a matter of the virus itself, but of the reputation of the media and the world elite around it.
The whole world is quarantined - and this is precisely the main problem. Manufactures are standing, businesses are not functioning. How long will we last in complete isolation from each other?
In fact, business today is losing a lot because all production and plants have stopped, although in some countries there are exceptions.  Of course, I understand that these plants, which remained fully operational, can bring a lot of problems due to ignoring the quarantine rules.  But this is the problem of the spread of the virus, and if we talk about economic problems, rich people own the business and they can survive the next crisis, but what about a simple person who loses his job and who lived from paycheck to paycheck?  Today begins the global challenge of financing every family.


Title: Re: Corona has killed economy of many businesses
Post by: CHENIEN on March 27, 2020, 01:18:02 AM
It is uncertain if when the virus will disappear, it will still gradually spread to nearby areas from where the pandemic virus is located, through this circumstances many traders were temporarily close which is under the supervision of the world health organization to prevent infected, therefore many of business transactions are failed to work like a gloomy whether caused of this covid-19.


Title: Re: Corona has killed economy of many businesses
Post by: Debonaire217 on March 27, 2020, 02:41:10 AM
This is indeed true, many business establishments has been forced to closed and what is hard for companies are to provide advance salaries to their employees, some are providing the 13-month pay of the workers in advance without work force in return. This has killed the economy of many country in terms of work force and production, but I can see, they are allowing companies that manufactures food for the people to operate.

At this time, we can bargain the economy of businesses, rather than to let the people killed by the novel corona virus pandemic.

In line with cryptocurrency, we have the freedom to work from home and earn from it, but with people that are not allowed to freely convert fiat to bitcoin or other crypto, I don't think our system of earning will last that long here.


Title: Re: Corona has killed economy of many businesses
Post by: Juggy777 on March 27, 2020, 03:29:15 AM
This is indeed true, many business establishments has been forced to closed and what is hard for companies are to provide advance salaries to their employees, some are providing the 13-month pay of the workers in advance without work force in return. This has killed the economy of many country in terms of work force and production, but I can see, they are allowing companies that manufactures food for the people to operate.

At this time, we can bargain the economy of businesses, rather than to let the people killed by the novel corona virus pandemic.

In line with cryptocurrency, we have the freedom to work from home and earn from it, but with people that are not allowed to freely convert fiat to bitcoin or other crypto, I don't think our system of earning will last that long here.


@Debonaire217 which companies are those can you name them as I have never seen corporate companies pay so much in advance, and if they’re already paying them so much in advance then that country’s economy won’t crash. Furthermore I acknowledge that many people feel they’ll loose their jobs, and businessman believe their businesses will end and those fears are legit. However I feel that they should not loose hope, and instead take this time and study how they can change their business model to earn more once this virus effect fades away.


Title: Re: Corona has killed economy of many businesses
Post by: Raflesia on March 27, 2020, 07:08:41 AM
This COVID-19 is really disaster to our world, it really affects so many lives, businesses, companies, etc. The community quarantine makes people stay at home and do not work temporarily and that is the reason why so many businesses that gets fall. That is also a reason why the price of the bitcoin or any other cryptocurrency falls, even though cryptocurrency is decentralized system, it is still included to the affected by the virus.

We all experience the same thing because Covid-19 is indeed a deadly virus so many do lockdown or social distancing and therefore many businesses are hampered by this and no one comes out of the house to protect ourselves from this Covid-19.
I also did a small business and it was delayed because of this I didn't know when it would be finished because so much worrying it would be even longer and the situation was even more terrible.
Btw at this time of lockdown and not allowed to leave the house what are you doing? Did you get compensation from the government?


Title: Re: Corona has killed economy of many businesses
Post by: verita1 on March 27, 2020, 09:26:34 AM
I also think that Coronavirus is a threat and we are stagnant. Sadly we will see the economy fall but we cannot lose faith. We must be strong and fight only God has the power to save humanity. The vaccine will be available as soon as possible and we must give our best contribution Stay at home and wait.
Some countries have given compensation to their population. The government of my country has offered help in providing food but I haven't received it.


Title: Re: Corona has killed economy of many businesses
Post by: Viscore on March 27, 2020, 11:00:01 AM
I also think that Coronavirus is a threat and we are stagnant.
It's clearly a threat but don't say we are stagnant as we will get pass on this eventually, keep that faith alive.

Sadly we will see the economy fall but we cannot lose faith. We must be strong and fight only God has the power to save humanity. The vaccine will be available as soon as possible and we must give our best contribution Stay at home and wait.
Some countries have given compensation to their population. The government of my country has offered help in providing food but I haven't received it.


The strongest country which is US is now leading in the number of infected people in the world, their economy will collapse if this continue, it's really bad, we don't expect this and the longer the virus is still alive, the bigger the damage we will see, hopefully China which were able to stop the virus can help other struggling countries, allies or not.


Title: Re: Corona has killed economy of many businesses
Post by: Question123 on March 27, 2020, 11:56:12 AM
Right now our priority is our safety because life is more important than money or any materials in this world. Many countries at this moment decreasing their economy becaude of the Corona Virus because the business establishment are close to avoid spreading the virus to other people.

Just be patient and once this nightmare are done Im really make sure every economy dumped will recover and everything will be back normal.

For the cure even the scientist already have they need to do many test needed to prove if it's works but we need to pray the antidote will kill the virus to stop dying people and because all of us our affected .


Title: Re: Corona has killed economy of many businesses
Post by: rollingdice on March 27, 2020, 12:09:54 PM
No one knows when it will end. Headlines like "coronavirus cure found" have mushroomed since February, but working on vaccine may take 6 to 8 months. I can't accept a statement that corona killed the economy. It wasn't merely panic around the virus.


Title: Re: Corona has killed economy of many businesses
Post by: bearexin on March 27, 2020, 01:43:32 PM
Many people downplayed the seriousness of this virus. At the earlier time I would always see people that are using it crack jokes and not taking it serious. But, now they have seen how serious it is and they are now afraid of it. Most of our governments messed up pretty badly, if they were able to secure their borders and restrict travels, maybe this wouldn’t have spread out like this and it wouldn’t be this serious by now.

Moreover as for businesses, this is only going to be for a short time, it’s not going to be a permanent case. It’s definitely going to come to an end and the businesses that have crashed now will also recover.


Title: Re: Corona has killed economy of many businesses
Post by: Aiseeyouu55 on March 29, 2020, 07:25:37 AM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

Here in our country too almost all those leading businesses have all drop in the stock market. There are a lot of rumors and conspiracy about this corona virus that it is a weapon that they are experimenting and then it gone wrong then spreads but i dont know what to believe right now. My concerns is of course the people the whole world. We cannot go outside unless we are front liners which are the modern heroes. But because of this business are going broke even our cryptocurrencies. I hope this will end soon because cryptocurrency can always goes up when people are safe but those small business and labor workers that cannot go to work might starve to death.


Title: Re: Corona has killed economy of many businesses
Post by: wozzek23 on March 29, 2020, 10:26:45 AM
Yep a lot of people are going through losses due to this pandemic that has taken the world all of a sudden.

There are lots of businesses and stocks that has been affected and the one that has frequently been on the news ever since this outbreak is the Dow Jones. Apart from that we have others like Tesla Inc., DAX, S&P 500 index, Nasdaq and so many of them has been affected by the corona virus.

A lot event’s has stopped till next year, there are no more gatherings and musicians are no longer going on tours, and so many other things has been shut down completely.


Title: Re: Corona has killed economy of many businesses
Post by: JoMarrah Iarim Dan on March 29, 2020, 12:01:08 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
To be honest, at first I did under estimated corona virus. I am not the kind of person to buy alcohol and used it everytime nor buy mask to be used daily. I just focus on my work. But now, I am so afraid of what will happen next. I am so afraid that every time I go out of my house I am carrying the virus. The virus spread rapidly and countries all over the are turning into lock down. What a relief. No one knows when it will last. But every day, the economy losses their community and ofcourse the business. What will happen to underdeveloped countries if they were hit by this ?


Title: Re: Corona has killed economy of many businesses
Post by: panganib999 on March 29, 2020, 02:17:29 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

Yes, you are right here but matter of sorrow that there is no antidote yet for COVID-19. It was astonishing that at present scientific world men are going to death more and more with a virus!! Again news that COVID-19 changing its DNA so that initial medicine did not working. It is so worried matter now.

Finally nobody does not know when it will cure and economy as well as.

Yes, indeed COVID-19 affects a lot of businesses except pharmacies but for sure after this quarantine and 0 confirmed cases the affected businesses will definitely back to normal. This is just some down part of businesses but it will not be the end of it. Also, it is true that there is no antidote or cure for this virus now but some of the scientists and researchers in different countries are now formulating and testing the vaccines and I hope that they will create it soon as possible, because if this lockdown will be extend for couple of months or worse a year it would be possible now for the end of some business and eventually the economy will collapsed.


Title: Re: Corona has killed economy of many businesses
Post by: BitcoinTurk on March 29, 2020, 02:46:43 PM
The economy has come to a halt due to the Corona virus, and companies in many parts of the world have been forced to suspend their production. It can be said that the virus did not do much, except to accelerate the financial crisis, which is actually expected to happen. Although the corona virus was shown as an excuse, many economists have already stated that they are expecting such an effective crisis, and this expectation has come true much earlier thanks to the virus. Not only businesses but world markets have come to a halt, and we can see that global markets are losing seriously day by day. I do not know how long the virus event will last, but I am sure that the economic damage it will cause will be effective for a long time.


Title: Re: Corona has killed economy of many businesses
Post by: Vishnu.Reang on March 29, 2020, 03:06:20 PM
No one knows when it will end. Headlines like "coronavirus cure found" have mushroomed since February, but working on vaccine may take 6 to 8 months. I can't accept a statement that corona killed the economy. It wasn't merely panic around the virus.

It is very hard to create a virus against these viruses. Because they mutate very rapidly. Even if you come up with a vaccine against the COVID 19 strain, a few months later another mutation can appear and the vaccine will have no impact on it. And with the virus infecting almost 700,000 people till now, I think that mutations may have already occurred. By the time the scientists come up with a vaccine, it may not even be effective against the virus.


Title: Re: Corona has killed economy of many businesses
Post by: Japinat on March 30, 2020, 10:49:16 AM
No one knows when it will end. Headlines like "coronavirus cure found" have mushroomed since February, but working on vaccine may take 6 to 8 months. I can't accept a statement that corona killed the economy. It wasn't merely panic around the virus.

It is very hard to create a virus against these viruses. Because they mutate very rapidly. Even if you come up with a vaccine against the COVID 19 strain, a few months later another mutation can appear and the vaccine will have no impact on it. And with the virus infecting almost 700,000 people till now, I think that mutations may have already occurred. By the time the scientists come up with a vaccine, it may not even be effective against the virus.

We can't discuss about this matters as we are not doctors or scientist, they know better as that is their job.
Our concern here is the movement of the market especially the crypto market where we are investing, for now, we just have to hope the vaccine will be out as that would be the only way to put our life back to normal and we can enjoy once again what we get used of doing, including investing in difference markets.


Title: Re: Corona has killed economy of many businesses
Post by: conected on March 30, 2020, 12:13:23 PM
No one knows when it will end. Headlines like "coronavirus cure found" have mushroomed since February, but working on vaccine may take 6 to 8 months. I can't accept a statement that corona killed the economy. It wasn't merely panic around the virus.

It is very hard to create a virus against these viruses. Because they mutate very rapidly. Even if you come up with a vaccine against the COVID 19 strain, a few months later another mutation can appear and the vaccine will have no impact on it. And with the virus infecting almost 700,000 people till now, I think that mutations may have already occurred. By the time the scientists come up with a vaccine, it may not even be effective against the virus.

We can't discuss about this matters as we are not doctors or scientist, they know better as that is their job.
Our concern here is the movement of the market especially the crypto market where we are investing, for now, we just have to hope the vaccine will be out as that would be the only way to put our life back to normal and we can enjoy once again what we get used of doing, including investing in difference markets.
- Yes, the concerns that we need to worry about at the moment are the economy and the market, the amount of money left in the assets and the things needed to survive in the epidemic, we can then review some disease information to update the latest knowledge, discussing this issue is unnecessary when it's not our specialty. Trying to discuss virus only makes us imagine more of the bad images and negative, and this easily leads to the spread of tabloid information, destabilizing the community, very not very good at this time


Title: Re: Corona has killed economy of many businesses
Post by: Clark05 on March 30, 2020, 01:22:20 PM
This situation is really bad happen this year because every country are affected because many people died in the Coronavirus.
One of the others effect of the outbreak are many business are closing their business because they don't have choice because that is government command and they need to follow.

I know money is important becaudse of the basic needs or even the economy but for now better to know how to stop this before thinking about on how the economy will recover because if the qurarantine and lockdown takes long economy will decrement so everyone need to follow by the government so we can win this situation.


Title: Re: Corona has killed economy of many businesses
Post by: Kemarit on March 30, 2020, 01:39:34 PM
Everyone is really affected by the pandemic, it is a global phenomena as we haven't seen a pandemic like this in the last ten years. It quickly spread and hard to control because it is spread through air. And as a result many business are forced to shutdown. Big corporations try to adapt by having their employees work from home. But from small to mid tier business, they can't afford to do that.

So I would agree that it has put a dent on the economy, many are complaining because of the lock down. But what can we do? Government doesn't want to put the risk of so many. And as for the business that are forced to shutdown, it's really hard and the looming economic recession are just around the corner. I only wish that a vaccine or a cure can be discovered soonest so that we can go back normally and stop the suffering.


Title: Re: Corona has killed economy of many businesses
Post by: WEKOILA on March 30, 2020, 01:56:49 PM
the world until now does not have the antidote, all we can do is self-awareness to carry out quarantine at home away from the crowd until we do not know the end. unfortunately there are still many ignorant people who don't care and still oppose government policies.


Title: Re: Corona has killed economy of many businesses
Post by: alexforneus on March 30, 2020, 02:41:56 PM
Small buisness will not survive this year...


Title: Re: Corona has killed economy of many businesses
Post by: jostorres on March 30, 2020, 07:37:00 PM
There is a lot of companies that will go bankrupt because of corona but people do not realize that there are a lot of companies that actually made thanks to corona as well. Nobody would want corona to happen, even the companies who are going through this would want something like this to happen because it affects them personally and they are self isolating at home most probably, some may even got infected, however reality is some companies do make a lot of money.

Online casinos, game companies, digital products all are getting more and more income, a lot of websites saw a huge uptick in user numbers during this period, I am sure of it. All in all people have money, that money has to go somewhere, if it is not going to brick and mortar places because they can't go outside, it has to go somewhere else.


Title: Re: Corona has killed economy of many businesses
Post by: dunfida on March 30, 2020, 09:06:04 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

No one knows on how long it would last as long the vaccine isnt available yet then theres nothing we can do or stop the virus from spreading but somehow
there are experts do still continue to find the cure of such virus.For now we are making measure on slowing out the transmission of it but still its unstoppable
and as we have seen that numbers of infected grows day by day.

Lots of businesses had been affected and the ones which are open are to those businesses that do give out basic needs (grocery store,pharmacy, hospital) and
the rest is closed.


Title: Re: Corona has killed economy of many businesses
Post by: shoreno on March 30, 2020, 09:43:11 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

No one knows on how long it would last as long the vaccine isnt available yet then theres nothing we can do or stop the virus from spreading but somehow
there are experts do still continue to find the cure of such virus.For now we are making measure on slowing out the transmission of it but still its unstoppable
and as we have seen that numbers of infected grows day by day.

Lots of businesses had been affected and the ones which are open are to those businesses that do give out basic needs (grocery store,pharmacy, hospital) and
the rest is closed.

thats it  we can still do something . we can quarantine ourself to help not spread the virus and we can also create improvised tools to help out our frontliners or to help your self and others because tools are now on shortage  .

these times its hard if we will foccus on our business and its not good to take advantage of others but it will be better if you help out other people than minding your own business first  . when people lives get back to normal , thats the onely way for our business to become healthy again


Title: Re: Corona has killed economy of many businesses
Post by: qory on March 31, 2020, 02:51:48 AM
Many business die with Corona virus and I think this virus give benefit for China because they have ready before virus attack and get much time how to protect their people, right now they have get much benefit with selling many product to other country and increase of their economic.


Title: Re: Corona has killed economy of many businesses
Post by: FM1968 on March 31, 2020, 08:20:56 AM
Business struggles with coronavirus all over the world. Everyone is scared. Wherever you look, you hear about job lay-offs or SMEs going bankrupt... The current situation is tough for everybody. From what I know, maybe the e-commerce industry is doing quite okay. The rest is in deep trouble. It's important to support local businesses, like restaurants, so they have any chance to survive this. I order dinner from my favorite restaurant once a week, just to give them some support and have a place to eat when it all ends. No one knows how long will it last...

All the best!
Frank (http://www.profesjonalne-pozycjonowanie.pl/)


Title: Re: Corona has killed economy of many businesses
Post by: Sanitough on March 31, 2020, 10:53:03 AM
Many business die with Corona virus and I think this virus give benefit for China because they have ready before virus attack and get much time how to protect their people, right now they have get much benefit with selling many product to other country and increase of their economic.
I can agree with you, even the time when the are still the leading on the number of cases, their economy did not fall, but now it's the rest of the world who are experiencing this crisis, our economy falls and China remains the most stable economy in the world now in this global crisis.


Title: Re: Corona has killed economy of many businesses
Post by: mu_enrico on March 31, 2020, 11:15:46 AM
I can agree with you, even the time when the are still the leading on the number of cases, their economy did not fall, but now it's the rest of the world who are experiencing this crisis, our economy falls and China remains the most stable economy in the world now in this global crisis.
How?
If no one buys products "made in China," how they can stabilize their economy? Their businesses got struck as well, but no one dares to bitch about it.

Also, China "funds" US https://www.thebalance.com/who-owns-the-u-s-national-debt-3306124. If I lend you money, I won't hope that you go bankrupt, especially if you can send me to the hospital easily if I dare to ask for payment.


Title: Re: Corona has killed economy of many businesses
Post by: K-Paxian on March 31, 2020, 11:21:48 AM
Many business die with Corona virus and I think this virus give benefit for China because they have ready before virus attack and get much time how to protect their people, right now they have get much benefit with selling many product to other country and increase of their economic.
China remains the most stable economy in the world now in this global crisis.

Yeah, despite China gave the birth to the new type of coronavirus and hiding/covering up the infected cases in the beginning. World could have been better prepared if they didn't cover it up imo

China has started the whole mess the world is in right now thanks to their poor hygienic (I was in few china food markets 4 years ago and the hygienic standards in poor parts of the country are non-existent) and they will be last man standing in the economy, creating masks, supplies for hospitals around the world, they will make billions on this when they get to go back to normal and the rest of the world will be still fighting the virus.

That is absurd. They should be held responsible for this somehow, anyhow  ???  and pay other countries at least the part of economical losses, just my two cents


Title: Re: Corona has killed economy of many businesses
Post by: Subbir on March 31, 2020, 11:59:29 AM
How long will it last? What's the antidote for Corona?
USA medical dept said they developed a cure for this virus and it will take 6 weeks time to know the actual results which is already under test on a human being.But they also mentioned it will take at least 12 months for public people availability means its still a long way to go and more worse is yet to come. :(

I think it's taken on a way more serious form than ever before Doctors have almost given up in order that they haven't yet been ready to produce any pathogens for the disease. therein case it'll take 12 months and nobody can say the precise time because the days pass the amount of victims continues to extend.


Title: Re: Corona has killed economy of many businesses
Post by: Japinat on March 31, 2020, 12:36:49 PM
I think it's taken on a way more serious form than ever before Doctors have almost given up in order that they haven't yet been ready to produce any pathogens for the disease. therein case it'll take 12 months and nobody can say the precise time because the days pass the amount of victims continues to extend.

The number of people infected are compounding or even worst.

The last time I checked on the overall number of people infected with the virus, that was just around 600K+, as of now, we have already reached the 800K marked, it seems like we have an average of 100K infections per day and it will go higher as no cure for the virus will be created.

The funds of the government will be spent to the needs of the people who can't even go out.


Title: Re: Corona has killed economy of many businesses
Post by: FanatMonet on March 31, 2020, 01:12:46 PM
I think it's taken on a way more serious form than ever before Doctors have almost given up in order that they haven't yet been ready to produce any pathogens for the disease. therein case it'll take 12 months and nobody can say the precise time because the days pass the amount of victims continues to extend.

The number of people infected are compounding or even worst.

The last time I checked on the overall number of people infected with the virus, that was just around 600K+, as of now, we have already reached the 800K marked, it seems like we have an average of 100K infections per day and it will go higher as no cure for the virus will be created.

The funds of the government will be spent to the needs of the people who can't even go out.
Now it would be nice if the military would help in self-isolation, and helped distribute food packages for people who are on self-isolation. Products can be taken from reserves or large retailers. The government could pay for food packages, with a minimum of products.


Title: Re: Corona has killed economy of many businesses
Post by: Japinat on March 31, 2020, 01:59:22 PM
I think it's taken on a way more serious form than ever before Doctors have almost given up in order that they haven't yet been ready to produce any pathogens for the disease. therein case it'll take 12 months and nobody can say the precise time because the days pass the amount of victims continues to extend.

The number of people infected are compounding or even worst.

The last time I checked on the overall number of people infected with the virus, that was just around 600K+, as of now, we have already reached the 800K marked, it seems like we have an average of 100K infections per day and it will go higher as no cure for the virus will be created.

The funds of the government will be spent to the needs of the people who can't even go out.
Now it would be nice if the military would help in self-isolation, and helped distribute food packages for people who are on self-isolation. Products can be taken from reserves or large retailers. The government could pay for food packages, with a minimum of products.
That should be their function so people will not anymore go out and buy some food they need.
Military is still the front liner in this war, they should be given best compensation as they are also risking their lives, when everyone stays at home except for the front liners, there will be less infection but I am not sure what strategy the US has impose on why the virus has spread so fast in their country.


Title: Re: Corona has killed economy of many businesses
Post by: TrevorS on March 31, 2020, 03:54:16 PM
Many business die with Corona virus and I think this virus give benefit for China because they have ready before virus attack and get much time how to protect their people, right now they have get much benefit with selling many product to other country and increase of their economic.

China will now easily emerge as the world leader out of this pandemic situation.
China not only managed to stop the epidemic, but also showed the whole world what the world cannot without China. Now China will increase its production capacity, while the whole world will be quarantined.


Title: Re: Corona has killed economy of many businesses
Post by: samcrypto on March 31, 2020, 10:12:34 PM
Many business die with Corona virus and I think this virus give benefit for China because they have ready before virus attack and get much time how to protect their people, right now they have get much benefit with selling many product to other country and increase of their economic.

China will now easily emerge as the world leader out of this pandemic situation.
China not only managed to stop the epidemic, but also showed the whole world what the world cannot without China. Now China will increase its production capacity, while the whole world will be quarantined.
Almost all businesses are back to normal on Wuhan City where the Virus started and yeah looks like China leads the world now and supply the needs of the rest of the world. The oil is not moving because of no demand and this is a great play by China. The virus killed not just people but a lot of businesses, especially on the small sector. We entered into a world recession, but it looks like China was not included on that because their market are rising again.


Title: Re: Corona has killed economy of many businesses
Post by: FanatMonet on March 31, 2020, 11:12:53 PM
Many business die with Corona virus and I think this virus give benefit for China because they have ready before virus attack and get much time how to protect their people, right now they have get much benefit with selling many product to other country and increase of their economic.

China will now easily emerge as the world leader out of this pandemic situation.
China not only managed to stop the epidemic, but also showed the whole world what the world cannot without China. Now China will increase its production capacity, while the whole world will be quarantined.
Almost all businesses are back to normal on Wuhan City where the Virus started and yeah looks like China leads the world now and supply the needs of the rest of the world. The oil is not moving because of no demand and this is a great play by China. The virus killed not just people but a lot of businesses, especially on the small sector. We entered into a world recession, but it looks like China was not included on that because their market are rising again.
If there is a world recession, then everyone will suffer from it. Too tight economic ties are spread all over the world, and China is not growing now, but only acting out what it has lost due to the coronavirus. In the event of a global recession, the whole world will roll downhill.


Title: Re: Corona has killed economy of many businesses
Post by: CHENIEN on April 01, 2020, 03:36:32 AM
We have no power to determine the propagation of coronavirus, so this is the time for action to protect our economy away from the impact of this covid-19 because we cannot underestimate this virus-like a dream it was killing people every day and it is hard to pin down to prevent actual mortality. If this pandemic virus has continued to overshadow we need to find online businesses while staying at home by using digital currency as payment to all transactions.


Title: Re: Corona has killed economy of many businesses
Post by: kopisusu on April 01, 2020, 08:36:39 AM
We don't know how long that will happen, in my country until now it's still in lockdown due to the spread of the virus. I also heard that now scientists have found several remedies to kill this virus, only hoping it will end soon because the world economy is in chaos


Title: Re: Corona has killed economy of many businesses
Post by: imstillthebest on April 01, 2020, 09:10:22 AM
We don't know how long that will happen, in my country until now it's still in lockdown due to the spread of the virus. I also heard that now scientists have found several remedies to kill this virus, only hoping it will end soon because the world economy is in chaos

same here but whos country will not be ? with the virus that still keeps on moving , governments final decision is to lockdown the country to prevent others from fleeing and make the infection worst than ever     .

we dont know when itl last but lets pray it will not last long because many people are now dying not because of the direct effect of corona but because of its indirect effect which affects peoples lifestyle like they cant work anymore and stuffs like that  . its good news if they found a solution to this . then again lets pray that it is effective


Title: Re: Corona has killed economy of many businesses
Post by: Janation on April 01, 2020, 09:57:44 AM
The only antidote to the Coronavirus is time. The only antidote for the coming depression and loss of faith in Government is Bitcoin.

Then you are saying that it is like a baby that it will stop crying if you just let him for some time?

Don't think that is absurd? The antidote needs time, I think that is what you're trying to say. China has the highest recoveries in the world right now so obviously, countries would be fawning to that country for the vaccines. Apparently, some of the test kits bought by Spain in China are faulty (https://www.euractiv.com/section/coronavirus/news/spain-returns-faulty-test-kits-to-china-as-covid-19-death-toll-passes-4000-mark/), it is made in China that's why.


Title: Re: Corona has killed economy of many businesses
Post by: Debonaire217 on April 01, 2020, 10:08:32 AM
The only antidote to the Coronavirus is time. The only antidote for the coming depression and loss of faith in Government is Bitcoin.

Then you are saying that it is like a baby that it will stop crying if you just let him for some time?

Don't think that is absurd? The antidote needs time, I think that is what you're trying to say. China has the highest recoveries in the world right now so obviously, countries would be fawning to that country for the vaccines. Apparently, some of the test kits bought by Spain in China are faulty (https://www.euractiv.com/section/coronavirus/news/spain-returns-faulty-test-kits-to-china-as-covid-19-death-toll-passes-4000-mark/), it is made in China that's why.

Actually when we say antidote, it cures, but if we say the antidote to the coronavirus is time, well, that's very wrong from my point of view. Why? Because if we let Coronavirus passes, it doesn't cure people, people dies from it. From time to time, experts around the world contributes to create a vaccine, and there's no doubt that they can make one that is effective and will absolutely cure this virus. But the problem is testing, they need to make sure that it will not have any side effect that is worse than the virus. Yes, time again is subject here, but the fact that the virus will be cured is because of the vaccine.


Title: Re: Corona has killed economy of many businesses
Post by: cazkooo on April 01, 2020, 10:15:37 AM
From time to time, experts around the world contributes to create a vaccine, and there's no doubt that they can make one that is effective and will absolutely cure this virus. But the problem is testing, they need to make sure that it will not have any side effect that is worse than the virus. Yes, time again is subject here, but the fact that the virus will be cured is because of the vaccine.

To create a vaccine it will take some time perhaps a minimum of 6 months. That means there will be alot more cases to happen and more people to die. The destructive aspect is not really the virus but the fear that the entire economy will collapse


Title: Re: Corona has killed economy of many businesses
Post by: Jateng on April 01, 2020, 01:50:14 PM
we dont know when itl last but lets pray it will not last long because many people are now dying not because of the direct effect of corona but because of its indirect effect which affects peoples lifestyle like they cant work anymore and stuffs like that  . its good news if they found a solution to this . then again lets pray that it is effective
All of us are being affected in this pandemic. We should be participate to prevent this virus for spreading all over the world. Economy of each countries are easily broke because of this virus, resulted for being panic of other countries. Now total lockdown are implemented, the number 1 being affected is the poor people who even yet home to stay. Hope this will end soon, so that economy and everything will come back to normal.


Title: Re: Corona has killed economy of many businesses
Post by: Golftech on April 01, 2020, 03:56:13 PM
we dont know when itl last but lets pray it will not last long because many people are now dying not because of the direct effect of corona but because of its indirect effect which affects peoples lifestyle like they cant work anymore and stuffs like that  . its good news if they found a solution to this . then again lets pray that it is effective
All of us are being affected in this pandemic. We should be participate to prevent this virus for spreading all over the world. Economy of each countries are easily broke because of this virus, resulted for being panic of other countries. Now total lockdown are implemented, the number 1 being affected is the poor people who even yet home to stay. Hope this will end soon, so that economy and everything will come back to normal.
The lockdown is the best solution in order to limit and lessen the numbers of those potential people that will be getting this virus, the more we follow the government rules the more chance that we are limiting the virus to continue hurting people. From that point, when the virus was gone the economy will begin to bounce back  healthy community will lead every nation to move forward.

We need to believe that we are going to survive this pandemic virus, stay safe and start helping the government.


Title: Re: Corona has killed economy of many businesses
Post by: Emitdama on April 03, 2020, 10:28:15 AM
I guess we can still recover from it as long as the governments of the world were doing the right thing and put the stimulus on the people but we are seeing a lot of it goes right at the top first and then going down afterwards which I thought wasn't really what we were looking for but I kind of get it as well. Hopefully in the future we will forget any of this ever happened, I mean obviously we do not learn from our mistakes, look at 2008 and how far the banking and stock market world was stretched thin and as soon as one bubble burst they were all done, we had the same thing just now.

I mean it basically all tells us that the banking world needs a harsher regulations and shouldn't be going down all this easily, sure they could go bad back to back for a long time but they are doing bad in a second when things start to go bad, that can't happen for far too long. Thankfully this time around it is a 500 billion bail out and not a 800 billion one at least.


Title: Re: Corona has killed economy of many businesses
Post by: Questat on April 03, 2020, 12:01:27 PM
I guess we can still recover from it as long as the governments of the world were doing the right thing and put the stimulus on the people but we are seeing a lot of it goes right at the top first and then going down afterwards which I thought wasn't really what we were looking for but I kind of get it as well. Hopefully in the future we will forget any of this ever happened, I mean obviously we do not learn from our mistakes, look at 2008 and how far the banking and stock market world was stretched thin and as soon as one bubble burst they were all done, we had the same thing just now.
We can't compare the banking crisis against the pandemic that we are experiencing now as nobody sees it coming and therefore the government are not prepared for this. Those crisis in the past are created by greedy bankers, but this one is a calamity, we don't see our enemy and the government are doing their best to find the cure of the virus.


Title: Re: Corona has killed economy of many businesses
Post by: Renampun on April 03, 2020, 10:31:27 PM
the very large impact caused by this coronavirus...
businesses that are forced to close, especially those engaged in tourism and hundreds of thousands of new unemployed because they were temporarily laid off during the pandemic.


Title: Re: Corona has killed economy of many businesses
Post by: FlightyPouch on April 03, 2020, 11:57:27 PM
Many business die with Corona virus and I think this virus give benefit for China because they have ready before virus attack and get much time how to protect their people, right now they have get much benefit with selling many product to other country and increase of their economic.

Well, we can't say it is dead but right now, it is not functional. With the policies or safety precautions against the virus, many businesses will be violating that and that is the reason why some of them are not functional or closed these days. Some offer online services and I think that is amazing since some businesses are able to adjust though it depends on what kind of business you have.


Title: Re: Corona has killed economy of many businesses
Post by: GrayFullbuster on April 04, 2020, 12:56:29 AM
Not only the big business that are affected due to the covid-19, even the small enterprises are also affected and it is really sad because they have now having a problem on where they will get money in order for them to have food to eat. The economy in every country have now experiencing crashes because of the pandemic.


Title: Re: Corona has killed economy of many businesses
Post by: Janation on April 04, 2020, 01:21:24 AM
Not only the big business that are affected due to the covid-19, even the small enterprises are also affected and it is really sad because they have now having a problem on where they will get money in order for them to have food to eat. The economy in every country have now experiencing crashes because of the pandemic.

That is the problem right now.

People don't have jobs, they can't go out and the only thing they can do right now is for the government to lift the community quarantine and continue what they've been doing before this lockdown. Without food or money in their pockets, the government really needs to take quick action. Though it is bad that obviously, the money that will be used in this scenario will just be corrupted by some of those bastards.


Title: Re: Corona has killed economy of many businesses
Post by: Subbir on April 04, 2020, 02:39:34 AM
Due to the lockdown many of us are daydreaming If they're sitting reception lately, how will they proceed aside from the loss of trade and commerce, the country's economy is in peril. it'll take an extended time to beat it. you're right in saying that polluting the environment is causing more harm to the poor. The elderly are giving to the poor but the poor aren't posing for anything therein case they're living a way worse life.


Title: Re: Corona has killed economy of many businesses
Post by: Genemind on April 04, 2020, 02:52:12 AM
This pandemic had caused a lot of problem especially to those who are earning minimum wage earners. A lot of workers in our country are laid-off, licky those who are working in companies that are allowed to operate during the pandemic. I hope this will end soon because the situation will get worse if this last longer. A lot of people are starting to feel the scarcity of resources.


Title: Re: Corona has killed economy of many businesses
Post by: camito on April 04, 2020, 03:33:47 AM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

Businesses and stock markets are very much devastated. Without the full force of manpower due to lockdown in many countries, we have seen the decline in each of their economy. There is no cure yet. But we can fight by protecting ourselves through thorough cleaning and being healthy. There is no exact date where we will experience casualty, but, if we were to pray and hope, we can soon see the health competition again and stock markets on the rise.


Title: Re: Corona has killed economy of many businesses
Post by: oleg8791 on April 04, 2020, 04:43:14 AM
How long will it last? What's the antidote for Corona?
The problem is that no one knows the answer. I don't think that the epidemic will last more than 10 weeks. And it will have a disastrous impact on small business.


Title: Re: Corona has killed economy of many businesses
Post by: Sanitough on April 04, 2020, 11:36:49 AM
How long will it last? What's the antidote for Corona?
The problem is that no one knows the answer. I don't think that the epidemic will last more than 10 weeks. And it will have a disastrous impact on small business.
We don't know when it would stop because until now there is no vaccine yet, all that I read online are just fake news.
The number of infected people maybe reduce due to the measures employed by our government but it will affect the business world, people will not go out more often, do their usual thing because they are afraid they will get infected and it's true it will kill the economy.

according to some article i read, the vaccine will take years to be reproduce, therefore we need to wait longer, and the fear will remain.


Title: Re: Corona has killed economy of many businesses
Post by: Janation on April 04, 2020, 11:54:22 AM
How long will it last? What's the antidote for Corona?
The problem is that no one knows the answer. I don't think that the epidemic will last more than 10 weeks. And it will have a disastrous impact on small business.

Not just small businesses, big and small are affected by this pandemic.

There are those medicines that are being used against CoVid-19, the problem is that it is just those medicines that we're used with its family viruses like Sars, etc. Though it is true that we don't know how long will this pandemic lasts, still we should be really careful. The government is also making careful decisions that they can't still answer when will they lift the community quarantines.


Title: Re: Corona has killed economy of many businesses
Post by: Latviand on April 04, 2020, 01:25:39 PM
How long will it last? What's the antidote for Corona?

Until know, we have no further idea when this virus will end because of the increasing of number of cases around the world. I'm so suspicious about China because of the number of cases and recovered is inversely proportional to one another. I think that they have already found the vaccine or I think that they are ready for this that Covid-19 will happen that's why they already have the vaccine. It is hard to make any conclusion as we don't have enough evidence or proof to show. It is so doubtful that the number of cases in their country is decreasing or somehow constant and the number of cases recovered is increasing, but for now. Let's wait for some further announcement or time were the can invent the possible vaccine for this crisis.

Currently there is no telling when will it end but hopefully scientists and doctors around the world are doing their best to finish an antidote, vaccine and cure for this virus. Yes it crashes businesses but what can we do about it? Economy suffers when there is a crisis.

We have no idea when this will end but do you hear about Japanese Flu Drug that is said to be effective as a medicine to the Corona Virus. Do you think that this will be the answer to our prayers? Some doctors are still continuously examining the said potentially medicine for the virus and I hope that they really do some variety of experimentation about the vaccine and cure. Based on my predictions, it is more likely that this virus will be completely wiped out in Q2 of 2021.


Title: Re: Corona has killed economy of many businesses
Post by: thesmallgod on April 04, 2020, 03:08:26 PM
Not sure when the pandemic will last. We have been hearing clinical trials of some drugs but hopefully, we can get an answer to this before the last quarter of the year. The real view of how the economy of many countries will react to this will be very clear after this pandemic. There are already some news that there might be another global economy recession.


Title: Re: Corona has killed economy of many businesses
Post by: amonymous on April 05, 2020, 11:53:59 AM
Currently nobody can said that when it end all right my country many people Infected Corona virus and day by day increase more problem with us. Stop all works in my country like business, shopping store, banks everything off right now and it can be criticized indefinitely. No man has been able to leave the house yet Generally speaking, every person is now terrified of their lives.


Title: Re: Corona has killed economy of many businesses
Post by: Mumbeeptind1963 on April 05, 2020, 02:02:53 PM
Not sure when the pandemic will last. We have been hearing clinical trials of some drugs but hopefully, we can get an answer to this before the last quarter of the year. The real view of how the economy of many countries will react to this will be very clear after this pandemic. There are already some news that there might be another global economy recession.
We barely know when does this vaccines and antidote will occurs, but I think a large pharmaceutical is now having an on going development on their drugs, so let us wait for it to be available, when this happen, market will recover its losses and the coin of that pharmaceutical if ever it has its own, it will have a great number of buyers and could be an expensive one due to public demand of their goods so their coins will go high too.


Title: Re: Corona has killed economy of many businesses
Post by: Vishnu.Reang on April 05, 2020, 02:56:49 PM
Not sure when the pandemic will last. We have been hearing clinical trials of some drugs but hopefully, we can get an answer to this before the last quarter of the year. The real view of how the economy of many countries will react to this will be very clear after this pandemic. There are already some news that there might be another global economy recession.
We barely know when does this vaccines and antidote will occurs, but I think a large pharmaceutical is now having an on going development on their drugs, so let us wait for it to be available, when this happen, market will recover its losses and the coin of that pharmaceutical if ever it has its own, it will have a great number of buyers and could be an expensive one due to public demand of their goods so their coins will go high too.

Don't think that there will be a sudden recovery once this outbreak is contained. Markets will not recover that fast, as we saw during 2007-09. It may take anywhere from 12 to 36 months, for the markets to recover properly. And the case of cryptocurrency is even more unpredictable. Because of its high volatility and limited liquidity, predicting the future course of the cryptocurrency market can be very difficult.


Title: Re: Corona has killed economy of many businesses
Post by: FanatMonet on April 07, 2020, 01:02:20 PM
Not sure when the pandemic will last. We have been hearing clinical trials of some drugs but hopefully, we can get an answer to this before the last quarter of the year. The real view of how the economy of many countries will react to this will be very clear after this pandemic. There are already some news that there might be another global economy recession.
We barely know when does this vaccines and antidote will occurs, but I think a large pharmaceutical is now having an on going development on their drugs, so let us wait for it to be available, when this happen, market will recover its losses and the coin of that pharmaceutical if ever it has its own, it will have a great number of buyers and could be an expensive one due to public demand of their goods so their coins will go high too.
The shares of pharmaceutical campaigns and campaigns that are related to the production of medical equipment will always grow when humanity is faced with such challenges. This is one of the laws of the market, which unfortunately works almost always.


Title: Re: Corona has killed economy of many businesses
Post by: kotajikikox on April 07, 2020, 02:23:57 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
this is the sad reality of what is happening in the world now,we all feel this hard and the life of every people has change now and the effect is still bringing sudden .

the question when will this end or how long will it last?sorry but even experts cannot give specific details about the dates and time because this is a Virus,a cannot be seen enemy so no finite time but lets hope it will ended soon.


Title: Re: Corona has killed economy of many businesses
Post by: Naida_BR on April 07, 2020, 04:50:14 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

I feel like we are going to see a strong recession of the global economy during 2020.
All industries are hit, apart from the pharmaceutical companies and retail.
Those two industries - are the one who are still open - even in regulations opposed from the governments and they keep making profits during those hard period of tight economics.


Title: Re: Corona has killed economy of many businesses
Post by: Pixyoxx on April 07, 2020, 04:55:50 PM
Yes you are right corona has screwed up many businesses and  ofc the most affected businesses are restaurants ,travel business and all the daily businesses stocks of pharma companies are going up a bit , lets hope that doctors find a vaccine supersoon lets just hope for the best this is all we can do right now.


Title: Re: Corona has killed economy of many businesses
Post by: Vishnu.Reang on April 07, 2020, 06:13:01 PM
Yes you are right corona has screwed up many businesses and  ofc the most affected businesses are restaurants ,travel business and all the daily businesses stocks of pharma companies are going up a bit , lets hope that doctors find a vaccine supersoon lets just hope for the best this is all we can do right now.

I am not sure about the other countries, but here in India we are certainly going to face huge issues even if this outbreak is contained within the next 1-2 months. Tens of millions of migrant workers have returned to their villages (including some who are taking the Coronavirus to these remote locations) and these people are literally starving without any money or food. Almost everyone who was earlier employed in the tourism and food industry is now without a job. This crisis may be over in a few months, but the hole it left in our pocket may take may years to repair.


Title: Re: Corona has killed economy of many businesses
Post by: TheAndy500 on April 07, 2020, 09:42:39 PM
This is true that covid19 has destroyed economies of many countries and irony is that we don't know how long it will last. While countries like USA, Germany may come out of financial crisis after this epidemic is over, its very unluckily that small economies may survive this shock. IMF/World Bank and other lending agencies should wave off loans of small economies as a measure of relief.


Title: Re: Corona has killed economy of many businesses
Post by: coupable on April 07, 2020, 09:59:29 PM
Yes you are right corona has screwed up many businesses and  ofc the most affected businesses are restaurants ,travel business and all the daily businesses stocks of pharma companies are going up a bit , lets hope that doctors find a vaccine supersoon lets just hope for the best this is all we can do right now.

I am not sure about the other countries, but here in India we are certainly going to face huge issues even if this outbreak is contained within the next 1-2 months. Tens of millions of migrant workers have returned to their villages (including some who are taking the Coronavirus to these remote locations) and these people are literally starving without any money or food. Almost everyone who was earlier employed in the tourism and food industry is now without a job. This crisis may be over in a few months, but the hole it left in our pocket may take may years to repair.
And that's the most dangerous impact of the pandemic. Not only to tourism and food industry, the economic tissue relates all fields like a domino, if you fall one piece then expect everything to demolish.
As a merchant in a small forgotten village like the ones you described, i can confirm what you have said about the lack of some basic elements + the lack of ressources to stay alive during the quarantine.


Title: Re: Corona has killed economy of many businesses
Post by: Shasha80 on April 07, 2020, 10:14:14 PM
As long as the corona virus antidote has not been discovered, the economic crisis will continue. And what's scary is that we don't know when
the situation is like its over. I hope that the corona virus transmission will soon end, because if it does not end soon it can make poverty
even more increased. Because many people do not get income.


Title: Re: Corona has killed economy of many businesses
Post by: BChydro on April 07, 2020, 10:40:35 PM
We barely know when does this vaccines and antidote will occurs, but I think a large pharmaceutical is now having an on going development on their drugs, so let us wait for it to be available, when this happen, market will recover its losses and the coin of that pharmaceutical if ever it has its own, it will have a great number of buyers and could be an expensive one due to public demand of their goods so their coins will go high too.
The entire globe is waiting for a solution for this virus and create a vaccine but it is not that easy as it sounds, we need to have intense research to have a complete product, till then all we can do is to break the chain of spreading the virus to the masses. Even before the Corona threat we were experiencing an economic slowdown but with the spread and complete standstill of business we will definitely go to a recession and how we over come the virus and the economic struggle is still unknown.


Title: Re: Corona has killed economy of many businesses
Post by: FanatMonet on April 07, 2020, 11:17:08 PM
As long as the corona virus antidote has not been discovered, the economic crisis will continue. And what's scary is that we don't know when
the situation is like its over. I hope that the corona virus transmission will soon end, because if it does not end soon it can make poverty
even more increased. Because many people do not get income.
States should help their citizens in this situation, even if they are sent on vacation, they must pay at least 50 percent of their salaries using various funds or reserves. The small business is facing the most difficult situation, especially if there are quite a few employees.


Title: Re: Corona has killed economy of many businesses
Post by: xSkylarx on April 08, 2020, 07:29:03 AM
How long will it last? What's the antidote for Corona?
The problem is that no one knows the answer. I don't think that the epidemic will last more than 10 weeks. And it will have a disastrous impact on small business.

The virus features a detrimental effect on all types of small and enormous businesses I do not think there's any news within the whole world whether it'll be controlled in 6 months One country after another has got to grow. In China it took quite 6 months to realize control.

There's a lot of suspicion on how China controlled the the Virus in Wuhan. That is why they are suspected creating Corono-virus as a bio weapon. Major cities in China which are miles away from Wuhan such as Beijing and Shanghai was never struck hard by the pandemic, compared to countries thousands of miles away such as Italy and U.S.. Wuhan even built numbers of facilities and hospitals for Covid victims in just a few weeks and it seems they are prepared for it.


Title: Re: Corona has killed economy of many businesses
Post by: tvplus006 on April 08, 2020, 10:14:50 AM
...How long will it last? What's the antidote for Corona?

I recommend that you watch the movie "Contagion", which was released in 2011. The film shows very accurately the events that are happening now around the world. Even if you have seen this movie before, you will still watch it again, and you will perceive it differently.


Title: Re: Corona has killed economy of many businesses
Post by: Cratoon on April 08, 2020, 11:22:09 AM
Seems to me that a lot of business models that provide service, retail and travel will go out of business for a very long time.

The economy is reshaping, and now some business owners must change it according with the times.


Title: Re: Corona has killed economy of many businesses
Post by: Reatim on April 08, 2020, 12:54:01 PM
Seems to me that a lot of business models that provide service, retail and travel will go out of business for a very long time.
I  disagree here because why need to close for a "very long time" when people will decide if they need the service or not?and besides with too many travels being banned now/for sure after the pandemic is being resolved worldwide People will enjoy traveling again,imagine how long have been they being Imprisoned in their own houses?we will se after this crisis.
The economy is reshaping, and now some business owners must change it according with the times.
there are some that needs to change but the majority will not,they will continue their traditional businesses and will offer new flavors to attract customers .


Title: Re: Corona has killed economy of many businesses
Post by: Vishnu.Reang on April 08, 2020, 12:56:38 PM
I am not sure about the other countries, but here in India we are certainly going to face huge issues even if this outbreak is contained within the next 1-2 months. Tens of millions of migrant workers have returned to their villages (including some who are taking the Coronavirus to these remote locations) and these people are literally starving without any money or food. Almost everyone who was earlier employed in the tourism and food industry is now without a job. This crisis may be over in a few months, but the hole it left in our pocket may take may years to repair.
And that's the most dangerous impact of the pandemic. Not only to tourism and food industry, the economic tissue relates all fields like a domino, if you fall one piece then expect everything to demolish.
As a merchant in a small forgotten village like the ones you described, i can confirm what you have said about the lack of some basic elements + the lack of ressources to stay alive during the quarantine.

In India, today is the 15th day of lockdown (out of a total of 21 days). Most of us are surviving.. but there are people who are staying alone in distant places away from their friends and relatives. They are in trouble due to lack of supplies and care. Surprisingly, in the rural areas conditions seems better. There is no shortage of food and people are helping each other. But it should be remembered that we are yet to face the full-fledged outbreak. As of now, the death toll remains less than 200.


Title: Re: Corona has killed economy of many businesses
Post by: FlightyPouch on April 08, 2020, 01:23:39 PM
Yes you are right corona has screwed up many businesses and  ofc the most affected businesses are restaurants ,travel business and all the daily businesses stocks of pharma companies are going up a bit , lets hope that doctors find a vaccine supersoon lets just hope for the best this is all we can do right now.

There are a lot of other things we can do right now and it is not just always to hope for the best. If we will not be doing things for the best, it will not happen. In a way, we can help by following the instructions of those people that know better when it comes to things like these. If we can provide for other people we can also do that, sharing legitimate information obviously from legitimate sources, it might not be that much but as a whole, it can help.


Title: Re: Corona has killed economy of many businesses
Post by: TitanGEL on April 09, 2020, 03:51:09 AM
How long will it last? What's the antidote for Corona?
The problem is that no one knows the answer. I don't think that the epidemic will last more than 10 weeks. And it will have a disastrous impact on small business.

The virus features a detrimental effect on all types of small and enormous businesses I do not think there's any news within the whole world whether it'll be controlled in 6 months One country after another has got to grow. In China it took quite 6 months to realize control.

There's a lot of suspicion on how China controlled the the Virus in Wuhan. That is why they are suspected creating Corono-virus as a bio weapon. Major cities in China which are miles away from Wuhan such as Beijing and Shanghai was never struck hard by the pandemic, compared to countries thousands of miles away such as Italy and U.S.. Wuhan even built numbers of facilities and hospitals for Covid victims in just a few weeks and it seems they are prepared for it.
It is just a conspiracy theory but still there is something fishy, their capital which is Beijing is not affected to the virus. Look also to the numbers of the recoveries in their country, they have the highest percentage that can indicate that they have right treatment. Many economy in all over the world are continue to suffer due to the virus. Big businesses and small businesses are both affected and most of them are not able to operate because of the quarantine.


Title: Re: Corona has killed economy of many businesses
Post by: TIDOVEE on April 09, 2020, 04:21:42 AM
Even the pharmaceutical sector are not having their best because where we are not permitted to walk to the pharmacy they are arrested it mean only medical practitioners are licenced to go there.many other sectors as you have said is stand still. It will soon be over. China has gotten over it and my country is also recovering. We should be out of lock down in 2week more.


Title: Re: Corona has killed economy of many businesses
Post by: Snappycoco on April 09, 2020, 09:13:26 AM
What we have right now are speculations and rumors about the said vaccines. It will last for more than a year if worse. I just hope it wouldn't be that worse.


Title: Re: Corona has killed economy of many businesses
Post by: Janation on April 09, 2020, 11:01:39 AM
We should be out of lock down in 2week more.

I think this still depends on the country.

Here in the Philippines, the ECQ or the Enhanced Community Quarantine until the end of this month. That is because of the number of cases and I think to be on the safe side since we never know what might happen and since that there is still no vaccine for the virus, the number of cases making it harder for them to contain the virus. Businesses are affected but it is inevitable.


Title: Re: Corona has killed economy of many businesses
Post by: Febo on April 09, 2020, 01:39:04 PM
What we have right now are speculations and rumors about the said vaccines. It will last for more than a year if worse. I just hope it wouldn't be that worse.

Most likely there will be some people vaccinated at end of next winter. It will be inedible to vaccine billions of people then. Vaccine will be there for everyone only at end of 2021.  Funny thing will be that some will refuse to vaccine :)


Title: Re: Corona has killed economy of many businesses
Post by: BigBoy89 on April 09, 2020, 02:09:51 PM
The coronavirus killed many things.

I had a perfect job for a while and even didn't think of crypto for a few months.

Now, as I got "furloughed", I have plenty of time again for everything but money.


Title: Re: Corona has killed economy of many businesses
Post by: thebutton on April 09, 2020, 02:36:17 PM
We should be out of lock down in 2week more.

I think this still depends on the country.

Here in the Philippines, the ECQ or the Enhanced Community Quarantine until the end of this month. That is because of the number of cases and I think to be on the safe side since we never know what might happen and since that there is still no vaccine for the virus, the number of cases making it harder for them to contain the virus. Businesses are affected but it is inevitable.
On top of that, Philippines being categorized as a third world country, prolonging the quarantine period would put those poor household in a greater challenge i.e. hunger but I consider it necessary. It really shows a lot with regard of the leaders that the people had chosen -- the way they respond in this time of health crisis. I do hope that this would be solved soon because the government's resources is also depleting and the people are being disgusted by the clowns sitting on the public office.


Title: Re: Corona has killed economy of many businesses
Post by: Vishnu.Reang on April 09, 2020, 05:54:33 PM
Most likely there will be some people vaccinated at end of next winter. It will be inedible to vaccine billions of people then. Vaccine will be there for everyone only at end of 2021.  Funny thing will be that some will refuse to vaccine :)

Here in India, we have certain groups such as the Tableegh-e-Jamaat, which refuses modern medicine. These guys are refusing even to get tested for the Coronavirus. So obviously vaccinating everyone is going to be an impossible job. The government can try its best by making it a punishable offense not to get vaccinated, but a lot of people are not going to get it done even after all that. 


Title: Re: Corona has killed economy of many businesses
Post by: Twentyonepaylots on April 09, 2020, 07:08:51 PM
The coronavirus killed many things.
Literally, and guess what it is killing from at this very moment? my TIME haha. I'm off at work and don't have any time for any thing I want. I am waking up just to eat.

I had a perfect job for a while and even didn't think of crypto for a few months.

Now, as I got "furloughed", I have plenty of time again for everything but money.
Good for you, you have a decent job coz some of people here only think of crypto lol. As the quarantine days is getting too long, I'm starting to plan what good business to build that is unaffected by scenario like this, something that could not be closed due to pandemic, something that I will earn more from disaster like this, something but not mask production.


Title: Re: Corona has killed economy of many businesses
Post by: Ronaldcoin2017 on April 10, 2020, 01:54:00 AM
Well we cant really deny the fact that so many businesses is now really affected on corona virus disease, because many people today is staying at home for thier own safety and some establishment are now empty such as factory mall etc. So business is really affected but for me i think life is more important than any kind of business because we can still build a business if it will fall but we cant bring the life back if it will lose.


Title: Re: Corona has killed economy of many businesses
Post by: Subbir on April 10, 2020, 02:12:18 AM
We should be out of lock down in 2week more.

I think this still depends on the country.

Here in the Philippines, the ECQ or the Enhanced Community Quarantine until the end of this month. That is because of the number of cases and I think to be on the safe side since we never know what might happen and since that there is still no vaccine for the virus, the number of cases making it harder for them to contain the virus. Businesses are affected but it is inevitable.
On top of that, Philippines being categorized as a third world country, prolonging the quarantine period would put those poor household in a greater challenge i.e. hunger but I consider it necessary. It really shows a lot with regard of the leaders that the people had chosen -- the way they respond in this time of health crisis. I do hope that this would be solved soon because the government's resources is also depleting and the people are being disgusted by the clowns sitting on the public office.

Yeah people are upset but they're going to not be ready to break it This lockdown has been arranged for his or her benefit If anyone is involved in corruption then the govt should take action. If the govt takes drastic measures these leaders won't be ready to do that quite work and haven't any effect on the poorest of the poor.


Title: Re: Corona has killed economy of many businesses
Post by: Janation on April 10, 2020, 11:43:57 AM
We should be out of lock down in 2week more.

I think this still depends on the country.

Here in the Philippines, the ECQ or the Enhanced Community Quarantine until the end of this month. That is because of the number of cases and I think to be on the safe side since we never know what might happen and since that there is still no vaccine for the virus, the number of cases making it harder for them to contain the virus. Businesses are affected but it is inevitable.
On top of that, Philippines being categorized as a third world country, prolonging the quarantine period would put those poor household in a greater challenge i.e. hunger but I consider it necessary. It really shows a lot with regard of the leaders that the people had chosen -- the way they respond in this time of health crisis. I do hope that this would be solved soon because the government's resources is also depleting and the people are being disgusted by the clowns sitting on the public office.

I know right.

The problem with this is that these people are not ready to face these kinds of problems. Some of them just want to earn money, just want to run because they want to do something not really making any sense what they want, and how this happened and they don't know what to do. I am really happy since some of the businesses here are helping people in their own ways despite the damage they also are having.


Title: Re: Corona has killed economy of many businesses
Post by: Kong Hey Pakboy on April 10, 2020, 12:21:57 PM
Pharmacies and groceries are the only businesses that are infavor of these corona virus because we need them to provide the things that we need while we are at our homes and to prevent the virus from spreading. This virus is really killing the economy of a country because there are no any workers and no businesses, that is why there are now a lot of families that are starving today because they don't have any source of income to provide their necessities.


Title: Re: Corona has killed economy of many businesses
Post by: hahay on April 10, 2020, 12:31:21 PM
Well we cant really deny the fact that so many businesses is now really affected on corona virus disease, because many people today is staying at home for thier own safety and some establishment are now empty such as factory mall etc. So business is really affected but for me i think life is more important than any kind of business because we can still build a business if it will fall but we cant bring the life back if it will lose.
Yes indeed, any business that can be rebuilt and restored, but at the same time we cannot continue to live in a crisis like this because after all, we need jobs and or income and much more that should the wheels of this economy continue to spin. This pandemic really kills anything on earth that forces us to stay at home and I think this kind of life will be very strange if it continues for a long time.


Title: Re: Corona has killed economy of many businesses
Post by: romeojasmin13 on April 10, 2020, 01:36:07 PM
I really worry about the influence of Coronavirus outbreak on our economy. I am afraid economy won't recover soon after such fall. Small businesses were affected and the most.


Title: Re: Corona has killed economy of many businesses
Post by: Averim on April 12, 2020, 06:37:37 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
This will last at least till the end of the year. On tv a scientist told that corona virus is also the result of global warming and we shall expect to other pandemic situations in the future as result of the human impact over nature.


Title: Re: Corona has killed economy of many businesses
Post by: travwill on April 12, 2020, 09:01:01 PM
Well we cant really deny the fact that so many businesses is now really affected on corona virus disease, because many people today is staying at home for thier own safety and some establishment are now empty such as factory mall etc. So business is really affected but for me i think life is more important than any kind of business because we can still build a business if it will fall but we cant bring the life back if it will lose.

From the part you are right. But it is worthwhile to understand that with the limited ability to work, the ability to pay bills and rents is also limited.
Indeed, most landlords do not make any concessions and discounts because they themselves are in a difficult situation.
People simply have nothing to buy food for their loved ones if the quarantine lasts too long.


Title: Re: Corona has killed economy of many businesses
Post by: googol.star on April 13, 2020, 06:39:36 AM
While some business die, other flourish, and new ideas are sparked. For example the food delivery business.


Title: Re: Corona has killed economy of many businesses
Post by: Arcas on April 13, 2020, 10:38:34 AM
More than two months until today corona virus still keep exist and many cases every day around country, but now still not have way will this virus ended and make recovery to the world to get many chance with bitcoin and altcoin back to higher price. Almost day every country give news and update with how many their people pass away.


Title: Re: Corona has killed economy of many businesses
Post by: JoMarrah Iarim Dan on April 13, 2020, 01:26:53 PM
the very large impact caused by this coronavirus...
businesses that are forced to close, especially those engaged in tourism and hundreds of thousands of new unemployed because they were temporarily laid off during the pandemic.
Almost all business went down for a while. Even the company I am employed stopped the operation. There are so much lost and the worst part is, we already have the losses nothing comes back but still the country has to provide foods for the people who can't afford to buy foods, medicines for the sick, etc. Well we must not blame it to them. Just help each other to recover easily.


Title: Re: Corona has killed economy of many businesses
Post by: romero121 on April 13, 2020, 01:41:34 PM
In today's news came to know about different countries planning to run airplane for transportation. By the time the important news is that aircraft companies have planned reduce the passangers accomodated and charge triple the amount for general tickets as people are supposed to obey social distancing. However soon small such changes are gonna make life more catastrophic for the low level and the middle class people. Elite people always have the ability to afford, and here government's need to take decisions to uplift the economy of low level people.


Title: Re: Corona has killed economy of many businesses
Post by: Vishnu.Reang on April 13, 2020, 03:15:12 PM
In today's news came to know about different countries planning to run airplane for transportation. By the time the important news is that aircraft companies have planned reduce the passangers accomodated and charge triple the amount for general tickets as people are supposed to obey social distancing. However soon small such changes are gonna make life more catastrophic for the low level and the middle class people. Elite people always have the ability to afford, and here government's need to take decisions to uplift the economy of low level people.

In a row of 3 people, the airlines may be allowed to place only one passenger. That means that the flight occupancy will be around 33% at the most. Can this be viable? If the passengers are willing to pay 3 times the ticket cost, then the airlines companies can survive. Else I am not sure about how this is gong to turn up in the end. I would personally say that this is a very stupid proposal. Allow 100% occupancy, after testing all the passengers. How can airlines operate with 30% occupancy? 


Title: Re: Corona has killed economy of many businesses
Post by: ajaymukund on April 13, 2020, 04:23:34 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
I think there will be corona medicine in the short term and the vaccine will take a lot of time to test and sell. I think this is an economic virus was created, so for 4 months the whole world economy has stagnated yet it has nothing to do. After the doctor's studies, Corona is a variant virus and it will be very difficult to stop this pandemic.
The time will last very long and we should plan and policy in advance for the future of our business or life. Don't let time go to waste.


Title: Re: Corona has killed economy of many businesses
Post by: TheAndy500 on April 13, 2020, 06:02:25 PM
In today's news came to know about different countries planning to run airplane for transportation. By the time the important news is that aircraft companies have planned reduce the passangers accomodated and charge triple the amount for general tickets as people are supposed to obey social distancing. However soon small such changes are gonna make life more catastrophic for the low level and the middle class people. Elite people always have the ability to afford, and here government's need to take decisions to uplift the economy of low level people.

In a row of 3 people, the airlines may be allowed to place only one passenger. That means that the flight occupancy will be around 33% at the most. Can this be viable? If the passengers are willing to pay 3 times the ticket cost, then the airlines companies can survive. Else I am not sure about how this is gong to turn up in the end. I would personally say that this is a very stupid proposal. Allow 100% occupancy, after testing all the passengers. How can airlines operate with 30% occupancy? 

For flights to be profitable it is enough that they raise prices. Only those who will have to fly and those who can afford it will fly.
I think that it is not the price or the reduction in the number of passengers that is the most difficult. I think that for long flights it is not possible to separate passengers completely. I'm afraid that such flights would be safe, only those who passed the tests will be able to fly.


Title: Re: Corona has killed economy of many businesses
Post by: arallmuus on April 13, 2020, 06:45:51 PM
For flights to be profitable it is enough that they raise prices. Only those who will have to fly and those who can afford it will fly.
I think that it is not the price or the reduction in the number of passengers that is the most difficult. I think that for long flights it is not possible to separate passengers completely. I'm afraid that such flights would be safe, only those who passed the tests will be able to fly.

Domestic flight are shutting down most of their flight as well because it is no longer profitable for them. In term of staff and fuel to fly the plane, it might not be any more worth it again .

Even if you dont show any symptom at all, that doesnt mean you havent been infected yet


Title: Re: Corona has killed economy of many businesses
Post by: bakasabo on April 13, 2020, 07:07:46 PM
I was wondering how your country fight with economy fall?

I've noticed that in my country it has become popular to make free delivery or to drive to you for free, to offer services. It is common for restaurants or huge food stores, electronics internet shops to make free delivery. Now bookstores make free delivery. Local small clothes shops make delivery - you simply tell them what you need and they deliver you cloches for try on. I was shocked that shoes repair now drive to collect your shoes and bring them back fixed next day.


Title: Re: Corona has killed economy of many businesses
Post by: Viscore on April 13, 2020, 11:32:39 PM
I was wondering how your country fight with economy fall?

I've noticed that in my country it has become popular to make free delivery or to drive to you for free, to offer services. It is common for restaurants or huge food stores, electronics internet shops to make free delivery. Now bookstores make free delivery. Local small clothes shops make delivery - you simply tell them what you need and they deliver you cloches for try on. I was shocked that shoes repair now drive to collect your shoes and bring them back fixed next day.

It's a good initiative because people can't go out so their business will boom, but then people will be affected as the price would be higher due to the add on service, they survive but they are still not profitable as most people now are not spending, so the result, the economy is still bad, the government are spending funds higher than what they'll get from taxes, they are bailing us out now.


Title: Re: Corona has killed economy of many businesses
Post by: Lomberjack on April 14, 2020, 01:23:56 AM
As the virus continues to travel and spread across countries, there are also states that are gradually adopting and have stopped the danger of the pandemic like China and South Korea. This could serve also as a sign for other countries as a hope to continue fighting the ncov-13, and be disciplined to cause no more transfer of the disease.

For me, many business establishments or organizations might not survive the pandemic, especially, on the countries that are severely affected by the pandemic like Italy. Consumers are the life of a business, and without the demand from them, their would be no income. This is really a threat for many organizations especially if they aren't ready enough from the effect of the virus.


Title: Re: Corona has killed economy of many businesses
Post by: microsurfer on April 14, 2020, 09:10:52 AM
This isolation will kill more than 50% of small buisness. This is really terrible


Title: Re: Corona has killed economy of many businesses
Post by: Janation on April 14, 2020, 09:18:19 AM
I was wondering how your country fight with economy fall?

I've noticed that in my country it has become popular to make free delivery or to drive to you for free, to offer services. It is common for restaurants or huge food stores, electronics internet shops to make free delivery. Now bookstores make free delivery. Local small clothes shops make delivery - you simply tell them what you need and they deliver you cloches for try on. I was shocked that shoes repair now drive to collect your shoes and bring them back fixed next day.

Those things you've said are not treated by this people as a way to fight for the falling economy, it is just a way for them to earn a profit despite the lockdown.

People with businesses are struggling to earn money right now since we consumers are locked in our houses because of the quarantine. So, the thing you've said is a way for them to keep their businesses running despite the lockdown. If we will be talking about how will the country fight or deal with the falling economy, I guess it should be after all of this since as long as people are being contaminated by the virus, it will still fall despite our efforts.


Title: Re: Corona has killed economy of many businesses
Post by: Smitty Werben Man Jensen on April 14, 2020, 11:23:11 AM
This isolation will kill more than 50% of small buisness. This is really terrible
that's the kind of sacrifice that has to be made to prevent the widespread of COVID19,
indeed it has a huge impact on the economy of the community, but I am sure the government will not let its people be miserable,


Title: Re: Corona has killed economy of many businesses
Post by: FanatMonet on April 14, 2020, 01:50:27 PM
This isolation will kill more than 50% of small buisness. This is really terrible
that's the kind of sacrifice that has to be made to prevent the widespread of COVID19,
indeed it has a huge impact on the economy of the community, but I am sure the government will not let its people be miserable,
Governments have a very difficult choice when on one side is people's health, and on the other is an economy that can get a very significant blow right now, but the worst thing is that in theory it can easily turn into a recession, which can be fatal for many countries.


Title: Re: Corona has killed economy of many businesses
Post by: Viscore on April 14, 2020, 01:54:12 PM
This isolation will kill more than 50% of small buisness. This is really terrible
that's the kind of sacrifice that has to be made to prevent the widespread of COVID19,
indeed it has a huge impact on the economy of the community, but I am sure the government will not let its people be miserable,
Governments have a very difficult choice when on one side is people's health, and on the other is an economy that can get a very significant blow right now, but the worst thing is that in theory it can easily turn into a recession, which can be fatal for many countries.

The government have no choice because it's the people that is responsible for improving the economy and therefore they need to protect the people's health. At the end of the day, life is still more important that money, so even if big countries will collapse as long as it was able to help its people in this crisis, the government will be appreciated and when the government gets the support of the people, it can easily recover.


Title: Re: Corona has killed economy of many businesses
Post by: moonblocks on April 14, 2020, 04:27:05 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

So far there is no widely available vaccine for this disease but a global efforts are underway around the clock to try to create one and you will have to be patient because this is only past the start to beginning of the middle part of the crisis so in no way is it fully passed over yet even in the location it originated so stay safe everyone, be vigilant and help your neighbors and support your local communities because they will need it in these testy times


Title: Re: Corona has killed economy of many businesses
Post by: Questat on April 14, 2020, 04:30:47 PM
This isolation will kill more than 50% of small buisness. This is really terrible
This is a sad figure, but kill means they will not recover anymore? I don't think so, at this crisis I can understand that the small ones will be affected but once this is over, maybe the government can allocate funds to help especially the small business to operate again.


Title: Re: Corona has killed economy of many businesses
Post by: bakasabo on April 14, 2020, 06:54:57 PM
I was wondering how your country fight with economy fall?

I've noticed that in my country it has become popular to make free delivery or to drive to you for free, to offer services. It is common for restaurants or huge food stores, electronics internet shops to make free delivery. Now bookstores make free delivery. Local small clothes shops make delivery - you simply tell them what you need and they deliver you cloches for try on. I was shocked that shoes repair now drive to collect your shoes and bring them back fixed next day.

Those things you've said are not treated by this people as a way to fight for the falling economy, it is just a way for them to earn a profit despite the lockdown.


Actually "these people" offer discounts and havent increased price. Their main goal is not to earn profit, but to survive or work will less losses.
That is why I've wrote that this free delivery is offered not by huge chain of shops, but by local small shops.

I doubt that old grandpa that sells honey in 300ml/500ml/1 litre jars doesnt charge for delivery and only thinks about extra profit...


Title: Re: Corona has killed economy of many businesses
Post by: hahay on April 14, 2020, 07:23:29 PM
This isolation will kill more than 50% of small buisness. This is really terrible
This is a sad figure, but kill means they will not recover anymore? I don't think so, at this crisis I can understand that the small ones will be affected but once this is over, maybe the government can allocate funds to help especially the small business to operate again.
Even at times like this at least there has been a lot of help done by the government and other elements using funds obtained from donations. Indeed, this crisis is very worrying but when efforts and cooperation continue to be carried out then the recovery will also be there when this pandemic has ended, so we must believe in the government can restore this crisis later because this pandemic itself just happens, and that makes all became difficult because there was indeed no preparation to face this pandemic.


Title: Re: Corona has killed economy of many businesses
Post by: Subbir on April 15, 2020, 03:54:31 AM
You are right that a lot of of Coroner's business economics has been hit but the labor is that the most affected they're locked down due to the virus but the workers aren't getting their fair price and salary that's how they're getting to work. Their responsibility should be taken by the govt the govt isn't taking any action during this situation.


Title: Re: Corona has killed economy of many businesses
Post by: lepbagong on April 15, 2020, 05:19:51 AM
You are right that a lot of of Coroner's business economics has been hit but the labor is that the most affected they're locked down due to the virus but the workers aren't getting their fair price and salary that's how they're getting to work. Their responsibility should be taken by the govt the govt isn't taking any action during this situation.

agree strongly that the labor sector is devastated because of the lockdown, so they cannot work. big companies may not be so hit, but the garment industry and the like are certainly very hard hit. which resulted in salary can not be given because the company has no income and if it continues long enough it is feared that there will be termination of employment with employees. not all countries have bailouts to pay workers without wages, if a country with a large economy might be able to do it, not with developing countries. I hope that the Epidemic Corona can be handled immediately and the world economy can return to running well.


Title: Re: Corona has killed economy of many businesses
Post by: Naida_BR on April 15, 2020, 07:08:29 AM
You are right that a lot of of Coroner's business economics has been hit but the labor is that the most affected they're locked down due to the virus but the workers aren't getting their fair price and salary that's how they're getting to work. Their responsibility should be taken by the govt the govt isn't taking any action during this situation.

agree strongly that the labor sector is devastated because of the lockdown, so they cannot work. big companies may not be so hit, but the garment industry and the like are certainly very hard hit. which resulted in salary can not be given because the company has no income and if it continues long enough it is feared that there will be termination of employment with employees. not all countries have bailouts to pay workers without wages, if a country with a large economy might be able to do it, not with developing countries. I hope that the Epidemic Corona can be handled immediately and the world economy can return to running well.


Some governments are giving some benefits to the labor sector.
They are giving some money to the workers that are staying home and they cannot go to their workplace. I don't think that this measure is a good one at least it is a help - temporary solution.


Title: Re: Corona has killed economy of many businesses
Post by: Indymoney on April 15, 2020, 03:46:56 PM
You are right that a lot of of Coroner's business economics has been hit but the labor is that the most affected they're locked down due to the virus but the workers aren't getting their fair price and salary that's how they're getting to work. Their responsibility should be taken by the govt the govt isn't taking any action during this situation.

agree strongly that the labor sector is devastated because of the lockdown, so they cannot work. big companies may not be so hit, but the garment industry and the like are certainly very hard hit. which resulted in salary can not be given because the company has no income and if it continues long enough it is feared that there will be termination of employment with employees. not all countries have bailouts to pay workers without wages, if a country with a large economy might be able to do it, not with developing countries. I hope that the Epidemic Corona can be handled immediately and the world economy can return to running well.


Some governments are giving some benefits to the labor sector.
They are giving some money to the workers that are staying home and they cannot go to their workplace. I don't think that this measure is a good one at least it is a help - temporary solution.
Situation in subcontinent is going to be worst now as lock down is very long for very lower class and lower class peoples and Corrupt governments are unable handle things as they need to be even they are able to set all things but they are not able to set these corrupt political workers those are taking good advantage of this all.


Title: Re: Corona has killed economy of many businesses
Post by: Janation on April 16, 2020, 07:50:21 AM
I was wondering how your country fight with economy fall?

I've noticed that in my country it has become popular to make free delivery or to drive to you for free, to offer services. It is common for restaurants or huge food stores, electronics internet shops to make free delivery. Now bookstores make free delivery. Local small clothes shops make delivery - you simply tell them what you need and they deliver you cloches for try on. I was shocked that shoes repair now drive to collect your shoes and bring them back fixed next day.

Those things you've said are not treated by this people as a way to fight for the falling economy, it is just a way for them to earn a profit despite the lockdown.


Actually "these people" offer discounts and havent increased price. Their main goal is not to earn profit, but to survive or work will less losses.
That is why I've wrote that this free delivery is offered not by huge chain of shops, but by local small shops.

I doubt that old grandpa that sells honey in 300ml/500ml/1 litre jars doesnt charge for delivery and only thinks about extra profit...

You misinterpreted it but that's what Im saying.

Discounts or not they are still earning a profit out of it. They are just considering the fact that we are in an echanced community quarantine and also considering the positions of theor costumers. They can't get out so obviously the solution is to deliver it in their houses. Survive with less losses means they are also earning, and that is their profit. That is what Im saying. It is true that they are helping people but at time like these, they can just stay idle in their houses with their families and their employees' family suffering.


Title: Re: Corona has killed economy of many businesses
Post by: CHENIEN on April 17, 2020, 12:12:57 PM
During this pandemic many digital farm is failed to operate followed by cryptocurrency markets have known also hit by lockdown system until this month of april so it's  obviously not only covid-19 is the reasons of downful of different kinds of coins price, it is also because of stay at home project by the government to prevent lost of lives so it's better to accept and stay.


Title: Re: Corona has killed economy of many businesses
Post by: aioc on April 17, 2020, 12:51:28 PM
Coronavirus is just a reason for the popping up of already inflating economy and we haven't seen any big bear market since the 2008 crash and many were expecting for slowdown or crash in the market so if it is not COVID 19 virus then it would have been some other thing which would have caused this crash and economic slowdown. Yes many business are affected and it may also sustain for a year as it might lead to a recession

One year without finding a cure and we all going to feel a recession and a crash of the economy, right now the International Monetary Fund has released huge funds to countries which have been damaged by the Corona Virus, so many businesses, and companies are going bankrupt now and many workers are losing their job.


Title: Re: Corona has killed economy of many businesses
Post by: Sanitough on April 17, 2020, 01:05:06 PM
Coronavirus is just a reason for the popping up of already inflating economy and we haven't seen any big bear market since the 2008 crash and many were expecting for slowdown or crash in the market so if it is not COVID 19 virus then it would have been some other thing which would have caused this crash and economic slowdown. Yes many business are affected and it may also sustain for a year as it might lead to a recession
It this will take longer, poor countries will struggle, if all their resources will be consume, that will lead them to big debt as they will eventually borrow money, and big banks from big countries who have good economy now will take advantage by maybe giving big interest.

it's really bad for all of us, even USA now is struggling, so how much more the poor countries.

Corono killed the economy and that gives a threat for crypto as well.


Title: Re: Corona has killed economy of many businesses
Post by: super bako on April 17, 2020, 02:04:47 PM
During this pandemic many digital farm is failed to operate followed by cryptocurrency markets have known also hit by lockdown system until this month of april so it's  obviously not only covid-19 is the reasons of downful of different kinds of coins price, it is also because of stay at home project by the government to prevent lost of lives so it's better to accept and stay.

may not fail friends. just with this condition they are paused because of the current bad situation. With this kind of economic and business crisis in any country slowing down, some countries also anticipate the situation in various ways, and I think it is very difficult for the country small virus affected by this to restore the economy and all fields of business. I think this virus is still a long time on earth. Because you have not found a cure for it?


Title: Re: Corona has killed economy of many businesses
Post by: fortunecrypto on April 17, 2020, 05:47:06 PM
I have friends with resturants and coffe shops.. all of them have families and bank credits and don't know what to do.. This virus will broke them

This is just two of the industries that was killed and still being killed by this pandemic, another one is the computer shop and the gambling casinos and those business where no social distancing is involve the big one is the public transportation, here in our country no bus or public transportation is moving.


Title: Re: Corona has killed economy of many businesses
Post by: Averim on April 17, 2020, 06:17:26 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
The results of this virus will have couple of digits after trillion of dollars. At this point nobody know for sure for how long this situation will last but at some point they will have to let business to open their doors.


Title: Re: Corona has killed economy of many businesses
Post by: denzkilim on April 17, 2020, 11:17:53 PM
You are right that a lot of of Coroner's business economics has been hit but the labor is that the most affected they're locked down due to the virus but the workers aren't getting their fair price and salary that's how they're getting to work. Their responsibility should be taken by the govt the govt isn't taking any action during this situation.

agree strongly that the labor sector is devastated because of the lockdown, so they cannot work. big companies may not be so hit, but the garment industry and the like are certainly very hard hit. which resulted in salary can not be given because the company has no income and if it continues long enough it is feared that there will be termination of employment with employees. not all countries have bailouts to pay workers without wages, if a country with a large economy might be able to do it, not with developing countries. I hope that the Epidemic Corona can be handled immediately and the world economy can return to running well.


Some governments are giving some benefits to the labor sector.
They are giving some money to the workers that are staying home and they cannot go to their workplace. I don't think that this measure is a good one at least it is a help - temporary solution.
In my country, the government is also giving away financial supports to those people who already lost their jobs because of the pandemic but the problems are the corrupt public officials in every city that takes advantage of anything that has a connection with money and only a few families receive the help from these corrupt public officials. If only Crypto Currency is known by most of the people, the funds could go directly from the beneficiaries' wallet and the corruption might stop.


Title: Re: Corona has killed economy of many businesses
Post by: Subbir on April 18, 2020, 03:22:50 AM
I have friends with resturants and coffe shops.. all of them have families and bank credits and don't know what to do.. This virus will broke them

The virus has put every human in great danger they're spending tons of human days Not all restaurants and occasional shops face much harm Everything else is closed declaration how other things are getting to be there. The economies of all countries of the planet are at a loss.


Title: Re: Corona has killed economy of many businesses
Post by: abhiseshakana on April 18, 2020, 03:46:19 AM
One year without finding a cure and we all going to feel a recession and a crash of the economy, right now the International Monetary Fund has released huge funds to countries which have been damaged by the Corona Virus, so many businesses, and companies are going bankrupt now and many workers are losing their job.

Researchers from Brazil have found a drug that is claimed to cure corona 100%, namely treatment with a combination of hydroxychloroquine with macrolide antibiotic Azithromycin. But if treated with Hydroxychloroquine alone without a combination, the cure rate is only 57%.
https://www.paho.org/journal/sites/default/files/2020-03/40-20-249-Rosa-prelim.pdf

China has also found a new drug that has been registered for corona, Carrimycin. China is also currently in the process of producing a corona vaccine. Two researchers in China reportedly found two types of vaccines for Covid-19. One is in phase two, while the other has completed stage two, stage three will be skipped because its function is only as a safeguard by comparing vaccines with other vaccines for the same disease.
https://www.aljazeera.com/news/2020/04/china-approves-coronavirus-vaccines-human-trials-200414083310079.html

Many state economists today are Keynesian. Though this theory is ancient. Always thinking that all must be resolved with debt with foreign direct investment. Though many ways that can be a solution other than debt.


Title: Re: Corona has killed economy of many businesses
Post by: azmirihaque on April 18, 2020, 05:06:26 AM
COVID-19, a name of danger, has broken down the world economy. We are very hopeless that no antidote has been invented yet though scientists are trying their best to give a good result as soon as possible. But is a matter of great regret that Corona has already isolated the world from the business world. Still we are unable to say when this isolated economy will be integrated but we can say that we are going to face a world recession very soon....


Title: Re: Corona has killed economy of many businesses
Post by: leyton11 on April 18, 2020, 06:15:09 AM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
This also depends on our sense of isolation. The United States and Italy and Spain are among the highest infected countries in the world and the reason is that they are too subjective to this virus. Because of its contagious nature, the economy seems to have to shut down and wait for disease control to become tighter. I think this epidemic situation is becoming more and more tense and we should be conscious of ourselves at home so the virus is not raging anymore. Stay at home and follow the orders of the government, your country will recover quickly.


Title: Re: Corona has killed economy of many businesses
Post by: Psynthax on April 18, 2020, 11:46:50 AM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
The results of this virus will have couple of digits after trillion of dollars. At this point nobody know for sure for how long this situation will last but at some point they will have to let business to open their doors.
Well the scientist says that the vaccine will be invented 1 year ahead and that's being too overly optimistic and skipping many procedure which might create another problem in the future if the research didn't go smoothly. Before the pandemic ends, I'm worried that the economy across the world will be severely affected and trigger chaos.


Title: Re: Corona has killed economy of many businesses
Post by: silversurfer1958 on April 22, 2020, 05:21:24 PM
According to the scientists who made the vaccine, it took at least 1 year for the vaccine to prevent COVID-19 disease. But in one year this Corora virus will create many new mutant strains. This is really causing many difficulties for scientists. So it is really hard to say when this epidemic will end. And we will see the age of global recession going on. Many economic activities such as exchanging goods between countries will be paralyzed due to the border closure.


Title: Re: Corona has killed economy of many businesses
Post by: bakasabo on April 22, 2020, 06:54:39 PM
According to the scientists who made the vaccine, it took at least 1 year for the vaccine to prevent COVID-19 disease. But in one year this Corora virus will create many new mutant strains. This is really causing many difficulties for scientists. So it is really hard to say when this epidemic will end. And we will see the age of global recession going on. Many economic activities such as exchanging goods between countries will be paralyzed due to the border closure.

Even though it is "hard to say when this epidemic will end", some countries are already made lockdown rules more easy. I'm speaking about Spain and Italy.

I dont know how to comment that. Amount of confirmed virus cases became lower, same is disease number and gov. already soften lockdown rules. Seems crazy as to me.


Title: Re: Corona has killed economy of many businesses
Post by: ZeeeN on April 22, 2020, 07:33:09 PM
According to the scientists who made the vaccine, it took at least 1 year for the vaccine to prevent COVID-19 disease. But in one year this Corora virus will create many new mutant strains. This is really causing many difficulties for scientists. So it is really hard to say when this epidemic will end. And we will see the age of global recession going on. Many economic activities such as exchanging goods between countries will be paralyzed due to the border closure.

Even though it is "hard to say when this epidemic will end", some countries are already made lockdown rules more easy. I'm speaking about Spain and Italy.

I dont know how to comment that. Amount of confirmed virus cases became lower, same is disease number and gov. already soften lockdown rules. Seems crazy as to me.

im not sure situation in Italy and Spain is better in other in Europe (look in number it not better than UK or turkey).

but too much lockdown make stress in many people and maybe when it blow out 2 country going to be like some state in USA.   


Title: Re: Corona has killed economy of many businesses
Post by: camito on April 23, 2020, 02:35:04 AM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

COVID-19 didn't just killed businesses but also immobilized people and the world itself. It somehow woke us up that there isn't a way out if there will be no unity amidst diversity. Hopefully, the medical field and science team would find a cure or even a vaccine in the coming months. If this will continue, large stocks industry can fall and it would be hard to bring them back.


Title: Re: Corona has killed economy of many businesses
Post by: Subbir on April 23, 2020, 03:33:26 AM
The coronavirus is already disrupting the industry Every factory is closed and therefore the workers aren't getting their salary allowance the way to pay them if the assembly isn't right This coronavirus is pushing not only the country's economy but everything to a worse situation nobody knows exactly how long it'll last but thus far no vaccine has been developed to cure the disease. The price continues to rise If this continues the economy will slowly collapse No scientist can come up with the proper vaccine.


Title: Re: Corona has killed economy of many businesses
Post by: smyslov on April 23, 2020, 03:54:08 AM


How long will it last? What's the antidote for Corona?

So far there are companies that are testing the vaccines, but it will take five months to a year to prove the vaccines are effective, all we can do now- is take precautionary measures like wearing a face mask, social distancing and washing your hands every country is doing all their can to flatten the curve if there are no transmissions the virus will die on its own.


Title: Re: Corona has killed economy of many businesses
Post by: rodskee on April 23, 2020, 07:18:03 AM


How long will it last? What's the antidote for Corona?

So far there are companies that are testing the vaccines, but it will take five months to a year to prove the vaccines are effective, all we can do now- is take precautionary measures like wearing a face mask, social distancing and washing your hands every country is doing all their can to flatten the curve if there are no transmissions the virus will die on its own.
actually Even China did not fully stopped the Virus meaning there are no vaccine
but prevention is what they do to stop the spread.
Korea is also eager to Find the vaccine because they become one of the fastest spreading country last march but now they seems to be stopping also the Virus.
asking about when is impossible to answer but prevention will make this gone if only all the people will cooperate and follow what the Government is asking them to do this is not for individual but for the whole world.



Title: Re: Corona has killed economy of many businesses
Post by: lienfaye on April 23, 2020, 07:34:47 AM
According to the scientists who made the vaccine, it took at least 1 year for the vaccine to prevent COVID-19 disease. But in one year this Corora virus will create many new mutant strains. This is really causing many difficulties for scientists. So it is really hard to say when this epidemic will end. And we will see the age of global recession going on. Many economic activities such as exchanging goods between countries will be paralyzed due to the border closure.
Is there a vaccine already to cure the infected of virus?

We cant say how long this virus will last because as long as there's a remaining people infected we we're not safe to go outside and do what we used to do before the lockdown.

So lets just hope for the best.



Title: Re: Corona has killed economy of many businesses
Post by: b1k4ng on April 23, 2020, 09:06:35 AM
i have a business in bali but since corona i have suffered a lot of losses because no tourists came. I also don't know what to do now, maybe I will go bankrupt if this pandemic doesn't end soon


Title: Re: Corona has killed economy of many businesses
Post by: Questat on April 23, 2020, 09:24:01 AM
i have a business in bali but since corona i have suffered a lot of losses because no tourists came. I also don't know what to do now, maybe I will go bankrupt if this pandemic doesn't end soon
If order for you to go bankrupt, your expenses should be higher than your income, with the situation now, I think you are in no operation, so if there are expenses, that's only very minimal, maybe the rent for the place or small expenses. Don't worry mate, you are not alone, and together we will survive and start to recover after this pandemic.


Title: Re: Corona has killed economy of many businesses
Post by: Dhoe on April 23, 2020, 09:43:12 AM
i have a business in bali but since corona i have suffered a lot of losses because no tourists came. I also don't know what to do now, maybe I will go bankrupt if this pandemic doesn't end soon
You are not alone in facing a situation like this, millions of people in the world are currently experiencing a crisis like you feel. I'm a seller some household items but my business is almost bankrupt, hopefully that won't happen. At a time like this we must be able to take the opportunity in the online world, being able to make money from the internet is the right way in the current situation.


Title: Re: Corona has killed economy of many businesses
Post by: shield132 on April 23, 2020, 10:56:50 AM
According to the scientists who made the vaccine, it took at least 1 year for the vaccine to prevent COVID-19 disease. But in one year this Corora virus will create many new mutant strains. This is really causing many difficulties for scientists. So it is really hard to say when this epidemic will end. And we will see the age of global recession going on. Many economic activities such as exchanging goods between countries will be paralyzed due to the border closure.
Is there a vaccine already to cure the infected of virus?

We cant say how long this virus will last because as long as there's a remaining people infected we we're not safe to go outside and do what we used to do before the lockdown.

So lets just hope for the best.


Yes, there are vaccines from some countries. According to article from BBC (https://www.bbc.com/news/health-51665497) Seattle has started human trial for vaccine direcly, skipping animal researches (first person to trial corona virus vaccine) (https://www.telegraph.co.uk/news/2020/04/13/proud-help-first-person-world-trial-coronavirus-vaccine-describes/). Sanofi and GSK have united to create vaccine too. Australian scientists begun to test vaccines.
And UK is going to start human trials of coronavirus vaccine today (they are funding University of Oxford researchers).

Man it's easy to say stay at home but economy is falling and falling, our health depends on our economics hugely, there is undeniable link between this two. You can gain tolerance on virus but not on hunger so...


Title: Re: Corona has killed economy of many businesses
Post by: schuriken on April 23, 2020, 01:03:00 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
virus and anti virus is about market!!!witch means for control mankind every 10/15 years there will be new virus for the world and so many people will die .what they going to sell in that time???anti virus!!! its all about control . on the other side so many jobs get destroyed like restaurant or cafe ... only businesses that exist on internet platform can use this opportunity.


Title: Re: Corona has killed economy of many businesses
Post by: mongkie on April 23, 2020, 01:25:49 PM
i have a business in bali but since corona i have suffered a lot of losses because no tourists came. I also don't know what to do now, maybe I will go bankrupt if this pandemic doesn't end soon

i will suggest you to shift to other business that are essential in this particular pandemic because we can never be sure how many days or weeks months or years this virus will remain but if you have the capital better start another business for now for you not to be total bankrupt


Title: Re: Corona has killed economy of many businesses
Post by: poodle63 on April 23, 2020, 02:04:32 PM
i have a business in bali but since corona i have suffered a lot of losses because no tourists came. I also don't know what to do now, maybe I will go bankrupt if this pandemic doesn't end soon

i will suggest you to shift to other business that are essential in this particular pandemic because we can never be sure how many days or weeks months or years this virus will remain but if you have the capital better start another business for now for you not to be total bankrupt
It's not that easy though for most of people. Most of the people who holding their business until have spent majority of their savings just to make sure that the business is running although there's no income at all. It's a really difficult situation and it's not just some specific people that suffer from it but around the world. People from 3rd world countries also usually unlucky there's no relief fund or whatever even if you pay the taxes in full you get nothing in return.


Title: Re: Corona has killed economy of many businesses
Post by: matchi2011 on April 23, 2020, 02:11:49 PM
i have a business in bali but since corona i have suffered a lot of losses because no tourists came. I also don't know what to do now, maybe I will go bankrupt if this pandemic doesn't end soon

i will suggest you to shift to other business that are essential in this particular pandemic because we can never be sure how many days or weeks months or years this virus will remain but if you have the capital better start another business for now for you not to be total bankrupt
If you still have some spare money it's good to find new venture and try to survived with this crisis, we are not sure how many more days, weeks or months this pandemic will continue to spread and hurt the economy. Having something to bring profits is very needed in time like this, don't lose hope as long as you are still alive then life should continue.


Title: Re: Corona has killed economy of many businesses
Post by: judaspriest on April 23, 2020, 05:42:04 PM
the impact is indeed like this, we have to accept whatever happens, in my country also experienced this, money is hard to find, business is quiet, because lockdown, yes what else can, hopefully all recovered quickly  :(


Title: Re: Corona has killed economy of many businesses
Post by: Sanugarid on April 23, 2020, 06:34:16 PM
the impact is indeed like this, we have to accept whatever happens, in my country also experienced this, money is hard to find, business is quiet, because lockdown, yes what else can, hopefully all recovered quickly  :(
We are all hoping for the world to recover and us? we just have to deal with the pandemic. I've never experience any of this before, no stores open that is near, no salons, actually 80% of businesses are closed.
It's my first time to see the prices hitting the ground for stock and oil market, it's really like a disaster that we are can't see. Impacts are clearly seen for the past month but we have to be prepared for what is the worst coming when the pandemic gets more serious than we are experiencing right now.


Title: Re: Corona has killed economy of many businesses
Post by: hahay on April 23, 2020, 07:41:10 PM
the impact is indeed like this, we have to accept whatever happens, in my country also experienced this, money is hard to find, business is quiet, because lockdown, yes what else can, hopefully all recovered quickly  :(
We are all hoping for the world to recover and us? we just have to deal with the pandemic. I've never experience any of this before, no stores open that is near, no salons, actually 80% of businesses are closed.
It's my first time to see the prices hitting the ground for stock and oil market, it's really like a disaster that we are can't see. Impacts are clearly seen for the past month but we have to be prepared for what is the worst coming when the pandemic gets more serious than we are experiencing right now.
Even I think now, this pandemic has become very serious and is a disaster, because it not only kills the economy and business because this pandemic has also made many people lose their jobs even to traditional small traders who in fact they cannot fulfill their living needs if they do not trade on that day. So clearly, right now this pandemic has killed everything and if this pandemic cannot be resolved quickly, then of course it will be something that is very worrying, we try not to panic in situations like this but honestly the anxiety will always be within because of this pandemic.


Title: Re: Corona has killed economy of many businesses
Post by: ser7878 on April 23, 2020, 08:00:31 PM
the impact is indeed like this, we have to accept whatever happens, in my country also experienced this, money is hard to find, business is quiet, because lockdown, yes what else can, hopefully all recovered quickly  :(
businesses are carrying the heaviest weight at the moment and they're trying to find the most comfortable spot under pressure of quarantine
I hope economy will recovery otherwise we won't meet any crypto growing up


Title: Re: Corona has killed economy of many businesses
Post by: FlightyPouch on April 23, 2020, 10:35:53 PM
i have a business in bali but since corona i have suffered a lot of losses because no tourists came. I also don't know what to do now, maybe I will go bankrupt if this pandemic doesn't end soon

Well, people are making new ways in order for them to earn profits despite the lockdown or ECQ since it is inevitable for business owners to lose profit nowadays. I don't know what your business is but maybe you can make other ways to earn a profit even in a small way. We don't know how long will this pandemic last so you better find a way to get your business going.


Title: Re: Corona has killed economy of many businesses
Post by: elisabetheva on April 24, 2020, 07:33:01 AM
the impact is indeed like this, we have to accept whatever happens, in my country also experienced this, money is hard to find, business is quiet, because lockdown, yes what else can, hopefully all recovered quickly  :(
this fact is happening in almost all countries in the world today, all businesses are disrupted because of the lockdown. maybe it's just the pharmaceutical business that actually increases and is sought after, so prices rise. but also they eventually supply thinned out due to difficulties in raw materials for production where raw materials must be from other countries. in my country the government has to spend subsidies to help daily workers who do not get a salary, and not a few in number.
I agree with you that we hope that this epedemic can end soon, the economy can stabilize again.
 


Title: Re: Corona has killed economy of many businesses
Post by: Leviathan.007 on April 24, 2020, 09:30:26 AM
Is there a vaccine already to cure the infected of virus?

We cant say how long this virus will last because as long as there's a remaining people infected we we're not safe to go outside and do what we used to do before the lockdown.

So lets just hope for the best.



About the vaccine I heard if someone was infected and better cured his plasma inside his blood can be used as vaccine but according to our definitions from "vaccine" world, we all know if you get infected by the virus no vaccine can help you.
Yes, Covid-19 damaged many economies but I feel like the world is better recovered. Bitcoin is a good example when it's getting recovered day by day. the damage of the virus of the economy world was really historical


Title: Re: Corona has killed economy of many businesses
Post by: super bako on April 24, 2020, 09:58:28 AM
i have a business in bali but since corona i have suffered a lot of losses because no tourists came. I also don't know what to do now, maybe I will go bankrupt if this pandemic doesn't end soon
maybe if I were you, my business would be temporarily suspended for this situation, not to spend a lot of money on savings to pay employees to avoid losses. if observed covid-19 virus is not yet known when, maybe 2 months or 3 months is over, you should be able to manage your business if you do not want to go bankrupt at this time. Yes, this is just my opinion for comparison to your position


Title: Re: Corona has killed economy of many businesses
Post by: TheGreatPython on April 24, 2020, 10:15:06 AM
The only business that are standing are the ones that I am thinking about investing into. Think about it if this company that was doing alright before the virus started to make even more profits during a pandemic that is at a global threat level, that means that company can rarely ever bankrupt unless they are managed horribly as well.

It means you have two options, if they are on stock markets that is, check out the ownership stock ratio, if the ownership has a lot of stocks that means they will be capable of doing whatever they want including bankrupting company with bad management as well, however if owners are not really high on the stock ratio that means there are tons of shareholders and there could be some sort of "fire the owners, hire a ceo" type of situation which I trust a lot more.


Title: Re: Corona has killed economy of many businesses
Post by: shoreno on April 24, 2020, 10:18:06 AM
i have a business in bali but since corona i have suffered a lot of losses because no tourists came. I also don't know what to do now, maybe I will go bankrupt if this pandemic doesn't end soon
maybe if I were you, my business would be temporarily suspended for this situation, not to spend a lot of money on savings to pay employees to avoid losses. if observed covid-19 virus is not yet known when, maybe 2 months or 3 months is over, you should be able to manage your business if you do not want to go bankrupt at this time. Yes, this is just my opinion for comparison to your position

you mean he must temporarily suspend his business ? i think he already do it not because he wanted to but because thier country is on lockdown and also authorities wont allow such business right now but they only allow business that are need by people like groceries and market  .

 force suspension still wont help you save up because in the end , you will still be using the money for food and other needs while you cant regain what you have been spending the longer the suspension runs   .


Title: Re: Corona has killed economy of many businesses
Post by: huu78 on April 24, 2020, 10:21:37 AM
yes, because this virus is spreading so fast, the government is taking steps to limit the activities of people outside the home or any activity, yes, of course, it will have an impact on the economy because employees do not work many companies reduce their members.
no one is to blame for this plague, as almost all countries experience this.


Title: Re: Corona has killed economy of many businesses
Post by: Janation on April 24, 2020, 10:42:46 AM
yes, because this virus is spreading so fast, the government is taking steps to limit the activities of people outside the home or any activity, yes, of course, it will have an impact on the economy because employees do not work many companies reduce their members.
no one is to blame for this plague, as almost all countries experience this.

It will also affect the economy as money will be focussed on the pandemic.

Budgets will be all on the virus and like a lot of people are being contaminated by the virus, the more it will affect the country and other people too. It is not that employees are being reduced but most of them are not even working at all, there are those companies that already sent their company's PC in their houses so that their employees can work there. Some places here in the Philippines already extended the ECQ especially Cebu where the number of contamination is increasing, hope the frontliners and the people helping to stop this pandemic could hold long before the vaccine is invented.


Title: Re: Corona has killed economy of many businesses
Post by: Maestro75 on April 24, 2020, 11:16:25 AM
The OP is concerned and talking about businesses crumbling while the real issue is the survival of mankind. Am not sure many people care now about business surviving.


We do not have any idea if how long it will last because it already spread all over the world. I just hope that people will now find a solution to stop the transmission of this virus. Lets just pray for those people who is infected that they will be able to heal sooner or later.
This makes it very bad because no one has a clue of how to end it. Even China which was rumored to have no new traces is unofficially having people who are covid infected. I have heard stories of undocumented visitors in China isolated and treated in hotels on their own private expenses, not from government.


Title: Re: Corona has killed economy of many businesses
Post by: TastyChillySauce00 on April 24, 2020, 01:53:51 PM
The OP is concerned and talking about businesses crumbling while the real issue is the survival of mankind. Am not sure many people care now about business surviving.


We do not have any idea if how long it will last because it already spread all over the world. I just hope that people will now find a solution to stop the transmission of this virus. Lets just pray for those people who is infected that they will be able to heal sooner or later.
This makes it very bad because no one has a clue of how to end it. Even China which was rumored to have no new traces is unofficially having people who are covid infected. I have heard stories of undocumented visitors in China isolated and treated in hotels on their own private expenses, not from government.
People nowadays are too dependant to the current economic system and if it's to fall there'll be chaos everywhere. Just Imagine a chaos amid pandemic it will become a catalyst that could potentially drives human into extinction and there's reason why some people are really worrying about their business. Most of people nowadays doesn't have a land to cultivate some vegetables or fruit nor to raise chicken, most of them just have paper called money which could become useless if we are running out of resources.


Title: Re: Corona has killed economy of many businesses
Post by: bearexin on April 24, 2020, 06:53:30 PM
People are focusing too much on a "cure" or a "vaccine" for some reason, I don't know if it is our brains that plays with us that whenever there is a sickness going rampant we have a vaccine for it or maybe it is the mainstream media that makes us think like this but there is really no need for a vaccine to happen. I mean sure we need a cure, that is correct, without a cure we can't really survive too long.

However we do have a sort of "cure" right now, there are couple of drugs that combined helps to recover from it, which means we can actually keep people alive long enough that they create some sort of resistance for the virus.

Moreover, the virus does evolve as well, so far it lived on animals and it survived on animals, you have to realize this virus wants to stay alive as well, when it kills you, it does itself as well, so right now the virus is trying to evolve into something that will keep the humans alive as well. All of those combined would help the human race in few months I am sure, we do not need years to wait for a vaccine.


Title: Re: Corona has killed economy of many businesses
Post by: Bagaji on April 24, 2020, 07:37:45 PM
One cannot tell when exactly the end of this Pandemic will last since there is no possible way stopping the virus from spreading and its effect on human life. We do hope that it will not take time for the antidote to be made available for that is the only way one can talk if the economy.


Title: Re: Corona has killed economy of many businesses
Post by: eyien on April 24, 2020, 08:41:59 PM
I think the problem is not in the coronavirus but in the noise and speculation that is presented in press


Title: Re: Corona has killed economy of many businesses
Post by: Sirait on April 24, 2020, 10:52:38 PM
I think the problem is not in the coronavirus but in the noise and speculation that is presented in press
the media really ruined everything, the domino effect created was completely unexpected, if the media didn't exaggerate the news about this virus, I'm sure the economy wouldn't be this bad

I think we should assume that this virus is not too dangerous, but still, keep a distance and protect yourself with a mask or disinfectant liquid


Title: Re: Corona has killed economy of many businesses
Post by: FlightyPouch on April 24, 2020, 11:35:23 PM
One cannot tell when exactly the end of this Pandemic will last since there is no possible way stopping the virus from spreading and its effect on human life. We do hope that it will not take time for the antidote to be made available for that is the only way one can talk if the economy.

Well, we can stop the virus as we are doing safety precautions against it like social distancing, advertisements warning us to not go to places where a lot of people gather, no gatherings, always wash our hands, those are just some of the ways to stop or contain the virus and minimize the damage it has in a country. What we don't have is the vaccine that will end this pandemic once and for all. That is why while there is no vaccine, we should follow these precautions.


Title: Re: Corona has killed economy of many businesses
Post by: Viscore on April 24, 2020, 11:46:53 PM
I think the problem is not in the coronavirus but in the noise and speculation that is presented in press
the media really ruined everything, the domino effect created was completely unexpected, if the media didn't exaggerate the news about this virus, I'm sure the economy wouldn't be this bad

I think we should assume that this virus is not too dangerous, but still, keep a distance and protect yourself with a mask or disinfectant liquid


The media are just doing right, even if they exaggerate it a bit, we can still see the effect of the covid-19 as this is a global crisis, the fact that we are under lock down, that means no business for us to go outside and do the usual things we do and no business would grow if people are ordered to stay at home.

one big evidence that the country are already in big crisis is when the country printed money, and USA did that despite the fact that they are the most powerful country on earth, now let's ask ourselves, how much more on the effect of smaller countries?


Title: Re: Corona has killed economy of many businesses
Post by: Bagaji on April 25, 2020, 09:57:58 AM
One cannot tell when exactly the end of this Pandemic will last since there is no possible way stopping the virus from spreading and its effect on human life. We do hope that it will not take time for the antidote to be made available for that is the only way one can talk if the economy.

Business is not destroyed by the virus itself, but by quarantined measures.
Sweden, in which quarantine has not been introduced, already shows a negative trend in the number of infected per day, while other developed countries with quarantine are still at the peak in the number of new cases.
Well, you should remember that it was the virus that brought the issue of quarantine measure that are in place now around the world. What measure are you guys using in Sweden that has reduced the numbers of infection in your country so that other countries of the world can learn since all the measuresin place now are try and error.


Title: Re: Corona has killed economy of many businesses
Post by: Japinat on April 25, 2020, 10:06:35 AM
One cannot tell when exactly the end of this Pandemic will last since there is no possible way stopping the virus from spreading and its effect on human life. We do hope that it will not take time for the antidote to be made available for that is the only way one can talk if the economy.

Business is not destroyed by the virus itself, but by quarantined measures.
Sweden, in which quarantine has not been introduced, already shows a negative trend in the number of infected per day, while other developed countries with quarantine are still at the peak in the number of new cases.
Well you should remember that it was the virus that brought the issue of quarantine measure that are in place now around the world. What measure are you guys using in Sweden that has reduced the numbers of infection in your country so that other countries of the world can learn since all the measuresin place now are try and error.

The main source of the problem is the corona virus, there will be no quarantine measures if there is no virus, why is ti so complicated for others to understand? What do they want, they like people to still go out in the street and infect each other just to go on with the business? i guess that is crazy.


Title: Re: Corona has killed economy of many businesses
Post by: Smitty Werben Man Jensen on April 25, 2020, 10:58:16 AM
One cannot tell when exactly the end of this Pandemic will last since there is no possible way stopping the virus from spreading and its effect on human life. We do hope that it will not take time for the antidote to be made available for that is the only way one can talk if the economy.

Business is not destroyed by the virus itself, but by quarantined measures.
Sweden, in which quarantine has not been introduced, already shows a negative trend in the number of infected per day, while other developed countries with quarantine are still at the peak in the number of new cases.
Well you should remember that it was the virus that brought the issue of quarantine measure that are in place now around the world. What measure are you guys using in Sweden that has reduced the numbers of infection in your country so that other countries of the world can learn since all the measuresin place now are try and error.

The main source of the problem is the corona virus, there will be no quarantine measures if there is no virus, why is ti so complicated for others to understand? What do they want, they like people to still go out in the street and infect each other just to go on with the business? i guess that is crazy.
if you want everything to be normal, then there will be sacrifices to be made, absolutely right, Lockdown is one of them,
indeed this is affected is the economic sector, all businesses are quiet, that is the impact, but I am sure if everything ends normally,
everything will work as usual


Title: Re: Corona has killed economy of many businesses
Post by: apaben on April 25, 2020, 02:05:29 PM
The OP is concerned and talking about businesses crumbling while the real issue is the survival of mankind. Am not sure many people care now about business surviving.


We do not have any idea if how long it will last because it already spread all over the world. I just hope that people will now find a solution to stop the transmission of this virus. Lets just pray for those people who is infected that they will be able to heal sooner or later.
This makes it very bad because no one has a clue of how to end it. Even China which was rumored to have no new traces is unofficially having people who are covid infected. I have heard stories of undocumented visitors in China isolated and treated in hotels on their own private expenses, not from government.
People nowadays are too dependant to the current economic system and if it's to fall there'll be chaos everywhere. Just Imagine a chaos amid pandemic it will become a catalyst that could potentially drives human into extinction and there's reason why some people are really worrying about their business. Most of people nowadays doesn't have a land to cultivate some vegetables or fruit nor to raise chicken, most of them just have paper called money which could become useless if we are running out of resources.
this infectious disease can kill more people than the combined world wars I and II, this is very dangerous. in this situation it is not wise for all types, political power to only consider their own political needs and ignore human life. and this death globally has reached the death toll of this an extinction of people
if so far have not found an antidote to the drug covid-19 may not have been stopping so on will take its toll...?


Title: Re: Corona has killed economy of many businesses
Post by: Xxmodded on April 26, 2020, 01:47:26 AM
Many people lost their work and many business have stop working more than two months after corona virus effect, we always ask when this pandemic end for we can continue working again and keep get money for our needed in daily day. Big problem during this corona effect because make many people have frustrated how to get money.


Title: Re: Corona has killed economy of many businesses
Post by: Japinat on April 26, 2020, 01:18:03 PM
if you want everything to be normal, then there will be sacrifices to be made, absolutely right, Lockdown is one of them,
indeed this is affected is the economic sector, all businesses are quiet, that is the impact, but I am sure if everything ends normally,
everything will work as usual

Of course, we should think positive and although our government has never said that they already created the vaccine, but they assured us that the pandemic will be over, our lives will be back to normal but it's not gonna be instant, some business industries will still struggle and maybe they will recover but it's gonna be slowly.

We are not prepared for this, if this is a bio warfare created by heartless people, then our government has to ensure they are ready for the next wave, otherwise, we will go back again to what we are experiencing now.


Title: Re: Corona has killed economy of many businesses
Post by: nomenclatur on April 26, 2020, 02:14:16 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
These events occurred in almost all the countries affected by the economic crisis in almost all countries coronavirus will end if everyone in the world to listen to the rules of the government ban. For example, in countries such as Indonesia, Vietnam, Malaysia, which prohibits meetings prohibit all wedding party was arrested, banned the meeting in a place of worship for everyone to prevent the spread of coronavirus, which will be lost if the coronavirus that is exposed directly to the hospital checked by a doctor to be recovered if this happens continuously, it will be lost coronavirus.


Title: Re: Corona has killed economy of many businesses
Post by: AS2301 on April 27, 2020, 05:05:40 PM
What will be next step by bigger economies in terms of workforce migration? will it stop completely as many predicting this epidemic to resurface in near future. and the kind of struggle people had to deal with in other countries where they work and due to lockdown they got stuck with no much of resources. will it affect the future of many industries?
What will be role of countries like India and Brazil in coming years in terms of bounce back where all are not looking at china as option to outsource their business in near future

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https://www.thelyricswaale.com/2020/04/bout-my-business-lyrics.html


Title: Re: Corona has killed economy of many businesses
Post by: fudster on April 27, 2020, 05:56:21 PM

What we can do it just to wait until someone out there has the vaccine. Waiting means isolating from the rest and surviving, while we are still in the first wave of the virus. They say the 2nd will be more damaging which maybe 30% of the population will be wiped out. That's very tragic.

For a family man with a kid, he has the worse situation in his life and business and economy isn't going to be in his mind. None of these businesses matter as the family is more important.


Title: Re: Corona has killed economy of many businesses
Post by: vicoma on April 27, 2020, 11:38:46 PM
Presently, no antidote and the only way to stay safe is to comply by the basic rules as provided by WHO. The end is something that nobody can ascertain but it has a very negative impact on the economy of countries and world at large


Title: Re: Corona has killed economy of many businesses
Post by: roll on on April 28, 2020, 03:08:32 AM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

Right now, we are still into the serious manner since the number of cases have already rise up surpassing the 3 million infected cases world wide. This pandemic really have a serious effect on every sectors of the world bringing down the economic state of different countries infected by this virus. As of this moment, there is still no proven or tested medication for this virus because the WHO and the scientists around the world is still working on finding a cure for this pandemic. With such information, we still do not know when will this crisis or situation will end. What the good thing as for now is that the increase of number of cases is slowing down due to lockdowns being implemented by the government of different countries.


Title: Re: Corona has killed economy of many businesses
Post by: Republikcoin.com on April 28, 2020, 04:40:01 PM
so far, this virus not only killed people in my country but also several people were kicked out of their jobs because of this pandemic. however, until now there has been no vaccine that can actually block this virus. Well, based on what I know, to get the medicine, it takes a long time to test the drug activity.


Title: Re: Corona has killed economy of many businesses
Post by: Bobby park on April 28, 2020, 11:58:11 PM
As of this day corona virus is in a very serious stage since the number of being affected are  totally hundreds of thousands and the death troll is increasing. That's why world lockdown is still implemented and many countries including our country is under this situation now a days. We  are hoping that this corona virus will end soon and the vaccine for this virus will become available because world economy are continuously affected and thousands of people suffering this catastrophic event in the history.


Title: Re: Corona has killed economy of many businesses
Post by: FlightyPouch on April 29, 2020, 10:58:43 PM
so far, this virus not only killed people in my country but also several people were kicked out of their jobs because of this pandemic. however, until now there has been no vaccine that can actually block this virus. Well, based on what I know, to get the medicine, it takes a long time to test the drug activity.

I don't understand why would they be kicked out of their jobs. Here in our country, obviously there are a lot of people that have no jobs or works but that doesn't mean that they are kicked out of their jobs too. They are not working because most of them are working in places that are banned right now. The worse here are those people which are included in no work no pay jobs.


Title: Re: Corona has killed economy of many businesses
Post by: Averim on May 01, 2020, 06:43:06 PM
There are a lot of shops closed, and beauty salons also, many unemployment people, the entire situation is not sad, but desperate for many people. Governments has to open the door to engage the economic motors, it's time to let people work.


Title: Re: Corona has killed economy of many businesses
Post by: qory on May 02, 2020, 06:45:46 AM
Many business project down after corona virus, not have space for business keep building during corona virus because government have stop all business and make many people lost their job. Without process almost business will close in this year if corona virus still running for long time.


Title: Re: Corona has killed economy of many businesses
Post by: R.A.Y on May 02, 2020, 07:27:14 AM
Many business project down after corona virus, not have space for business keep building during corona virus because government have stop all business and make many people lost their job. Without process almost business will close in this year if corona virus still running for long time.

yes the impact of the corona virus is very extraordinary various industrial sectors have decreased production and goods can not be distributed, this makes the economic crisis becomes weak.
I hope that as soon as scientists get a cure for the corona virus, life will return to normal as before


Title: Re: Corona has killed economy of many businesses
Post by: brotherwood12 on May 02, 2020, 11:45:15 AM
i think if people really listen to goverment , it will end just with 2-3 month , but some "dumbass" people think they are strong and didnt listen get infected and affect people so it get more last longer


Title: Re: Corona has killed economy of many businesses
Post by: super bako on May 02, 2020, 05:57:17 PM
so far, this virus not only killed people in my country but also several people were kicked out of their jobs because of this pandemic. however, until now there has been no vaccine that can actually block this virus. Well, based on what I know, to get the medicine, it takes a long time to test the drug activity.

I don't understand why would they be kicked out of their jobs. Here in our country, obviously there are a lot of people that have no jobs or works but that doesn't mean that they are kicked out of their jobs too. They are not working because most of them are working in places that are banned right now. The worse here are those people which are included in no work no pay jobs.
this is a chain disease, if people are still in the activity of gathering outside something public or at work this is very dangerous because the disease is transmitted quickly to people quickly. so it's appropriate for the government to instruct it to stay home. to anticipate this disease to spread widely and will not let all the people die that way. and the government will not let the people die because of hunger, the government will certainly help with the food needs of their daily lives


Title: Re: Corona has killed economy of many businesses
Post by: BD Money365 on May 03, 2020, 08:02:00 AM
The coronavirus shutdown of 2020 is maybe the the largest part remarkable interruption to commonplace time in novel history. It has been spoken about as a war. Already most of the countries in lockdown which might lead to huge economic downfall. the only business that going to make money now is pharmacy and food-related business. as for crypto, it strength fall down too as precise right now public necessitate hard cash other than everything.


Title: Re: Corona has killed economy of many businesses
Post by: Hasan905 on May 03, 2020, 10:01:24 AM
This world faced this kind of economy shutdown before also, but this was the biggest one that world faced before, china lost millions $ just within some days and it was the first drop-down of their economy since January, 1990. Also US having their first bear market in 11 years. It will take a log fight for all the countries to come back to their old economy track, maybe some countries will grow faster and more stronger than before, maybe many new faces will come forward after this pandemic.


Title: Re: Corona has killed economy of many businesses
Post by: Viscore on May 03, 2020, 11:19:11 AM
maybe some countries will grow faster and more stronger than before, maybe many new faces will come forward after this pandemic.
I don't really think there's a country that would surpass the status of the big country, this is a global pandemic, every country is affected.
Maybe China, but they belong to the major countries already, so maybe after the pandemic, they will beat the US in terms of economic standing.

Right now, I am more concern on how this pandemic would end, after this, we will rise together and start to recover.
Corona has not killed the economy yet, otherwise, it's useless to try to recover.


Title: Re: Corona has killed economy of many businesses
Post by: Btc_1856 on May 03, 2020, 12:42:21 PM
Many business project down after corona virus, not have space for business keep building during corona virus because government have stop all business and make many people lost their job. Without process almost business will close in this year if corona virus still running for long time.

If they allow shops mean the virus will spread even very faster and already we have seen how the US country facing with the affected persons. This is the best way, to control the virus, we can earn money later if we are alive otherwise, we might lose lives with the virus because daily we are seeing many people are losing their lives.


Title: Re: Corona has killed economy of many businesses
Post by: FanatMonet on May 03, 2020, 01:45:09 PM


It will just die on its own after 2 weeks of isolation?

Lucky are the ones who are not friendly when virus plague an entire continent. Unfortunately for the virus is that its strain isn't so strong but can only be fatal to the ones with weak health conditions. If you have no heart disease or diabetes you are not safe to join a social gathering for the virus can easily get into your system. Cities are lockdown and if it continues for another month, looting and killing will be another problem.
Yes, the level of crime is growing, because many people do not have stocks of money, and if they are left without work, they often have the choice between starving to death or committing a crime to buy corny food. And only the help of the government, primarily food, can help with this.
At the same time, both the manufacturers of the products and the people themselves are in the plus.


Title: Re: Corona has killed economy of many businesses
Post by: Asusnumbaone on May 03, 2020, 01:54:34 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
  Corona virus is a big challenge to the businesses and to the world,  corona stop the flow of the money because many cities, countries and etc are  under going lockdown many business will postpone or will stop operating and it is the big factors that the business are on the risk


Title: Re: Corona has killed economy of many businesses
Post by: rodskee on May 03, 2020, 02:13:53 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
  Corona virus is a big challenge to the businesses and to the world,  corona stop the flow of the money because many cities, countries and etc are  under going lockdown many business will postpone or will stop operating and it is the big factors that the business are on the risk
Actually we cannot consider that as challenge but instead this is a
catastrophic and should be taken seriously
 by the government and by the people inside this.we have been in
may epidemic recently but not like
this one in which shaken the whole world and Kills more than a hundred
times from the past,so we must not
 put this as challenge instead a worldwide bad condition though i believe
 that this will come good sooner but not that fast.


Title: Re: Corona has killed economy of many businesses
Post by: apaben on May 03, 2020, 03:28:53 PM
currently This co-19 pandemic was first hit outside of China which relied on state factories in the giant Asian economy for materials and spare parts - known as "semi-finished goods". to make their own products. But Chinese factories stop the operation much longer than expected because the authorities are trying to control the virus.
as more countries impose lockdown measures, the majority of Munakfutur companies fail. some were forced to close temporarily, while those who remained open faced restrictions in getting supplies of semi-finished goods and materials.


Title: Re: Corona has killed economy of many businesses
Post by: awazieik on May 03, 2020, 05:11:30 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

Most business will have no choice but to innovate to provide services that are essential to man. I thought think that these Businesses will be closed for long. New Cultural and social habits will be introduced to reduce the spread of the virus significantly till the treatment is discovered. I believe there will be a disruption of businesses that will spring up in the POST CONVID

What is sad is that many people will not be able to cope with this new change.


Title: Re: Corona has killed economy of many businesses
Post by: mahilchii on May 04, 2020, 05:10:51 AM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

Obviously mate this disease has bombarded the entire globe, just imagine how a daily wage labor will survive in this wierd situation??? It has not only affected the business and economy it is also disastered the daily life as well. Once after the lockdowns end many of the manufacturing companies will send their employees home I mean based on their requirement, people will be running out of money...it's pretty hard to imagine how the situation might be in upcoming days, God this pandemic will be remembered till decades.



Title: Re: Corona has killed economy of many businesses
Post by: adaseb on May 04, 2020, 05:28:57 AM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

Most business will have no choice but to innovate to provide services that are essential to man. I thought think that these Businesses will be closed for long. New Cultural and social habits will be introduced to reduce the spread of the virus significantly till the treatment is discovered. I believe there will be a disruption of businesses that will spring up in the POST CONVID

What is sad is that many people will not be able to cope with this new change.

Its easier for certain businesses but not all of them. Take hair dressors for example. How are they suppose to keep a distance between the hair they cut? They really can't. I heard that the virus can be transmitted thru the hair, so how can the barbers touch the hair to cut it without getting infected? Use gloves. Will make it very difficult in my opinion.

Other businesses such as auto dealers are not as bad. Basically just let people test drive the car alone, santize it after and before. And you can do the paper work and everything from online and home.

So its based on businesses like these that make a huge difference whether the economy will survive or not.


Title: Re: Corona has killed economy of many businesses
Post by: Sanitough on May 04, 2020, 08:26:43 AM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

Most business will have no choice but to innovate to provide services that are essential to man. I thought think that these Businesses will be closed for long. New Cultural and social habits will be introduced to reduce the spread of the virus significantly till the treatment is discovered. I believe there will be a disruption of businesses that will spring up in the POST CONVID

What is sad is that many people will not be able to cope with this new change.

Its easier for certain businesses but not all of them. Take hair dressors for example. How are they suppose to keep a distance between the hair they cut? They really can't. I heard that the virus can be transmitted thru the hair, so how can the barbers touch the hair to cut it without getting infected? Use gloves. Will make it very difficult in my opinion.

Other businesses such as auto dealers are not as bad. Basically just let people test drive the car alone, santize it after and before. And you can do the paper work and everything from online and home.

So its based on businesses like these that make a huge difference whether the economy will survive or not.

I am also curious why the government allows a salon to operate, it is not under GCQ in our country or general community quarantine but they say proper self distancing is needed, however, you can't do that with a salon, something is wrong with the implementation I must say.


Title: Re: Corona has killed economy of many businesses
Post by: SacriFries11 on May 04, 2020, 11:18:58 AM
Many business project down after corona virus, not have space for business keep building during corona virus because government have stop all business and make many people lost their job. Without process almost business will close in this year if corona virus still running for long time.
Government enforce the business and other establishments to stop in order to prevent the virus for spreading out. There nothing we can do about it, if we disobey this protocol the virus will not stop and it might a year before it will end. The global economy is seriously hit of the virus and we feel it. It will takes a long time before the economy of every countries will recover. The vaccine is very important to get back to normal but it will not the same again. People will continue the social distancing and other prevention even its not mandatory.


Title: Re: Corona has killed economy of many businesses
Post by: vapourminer on May 04, 2020, 11:33:15 AM
Cities are lockdown and if it continues for another month, looting and killing will be another problem.
Yes, the level of crime is growing, because many people do not have stocks of money, and if they are left without work, they often have the choice between starving to death or committing a crime to buy corny food. And only the help of the government, primarily food, can help with this.
At the same time, both the manufacturers of the products and the people themselves are in the plus.

logistics is the problem. food is rotting on docks, on farms, and other places where they cant realistically get to where the starving people are. so milk is dumped, crops plowed over. food animals euthanized. etc.

unreal. this is what "just in time" logistics does if the slightest thing goes wrong. disaster.

back up plans? you mean plans that cost MONEY just to save people from starvation? lives arent worth it when mamon is your god.


Title: Re: Corona has killed economy of many businesses
Post by: peter0425 on May 04, 2020, 02:30:00 PM
There are a lot of shops closed, and beauty salons also, many unemployment people, the entire situation is not sad, but desperate for many people. Governments has to open the door to engage the economic motors, it's time to let people work.
But not today and not tomorrow  Because the virus must be totally stopped first before every works goes back again because i hate this situation but this leaves us no option but to follow the rules and no one get hurt nor infected.

there are tons of people that died now and many are still dying so what we beed here is make our part to make the world better again.


Title: Re: Corona has killed economy of many businesses
Post by: rosepetals on May 11, 2020, 12:00:06 AM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
I guess if we follow rules such as staying inside our home would be a great help but here in our country people will go outside to look for food to eat since we belong on the third world country our local government officials assessment seems so slow that able to make people break the rules.Many people are hungry,and I'm one of them that is why I wanted to do something just to live for my kids.No one knows when this pandemic would stop unless someone could find medicine to cure and fight this virus.


Title: Re: Corona has killed economy of many businesses
Post by: Sk_Ezaz on May 11, 2020, 01:14:29 AM
Many businesses are forced to scale back operations or pack up , and an increasing number of individuals are expected to lose their jobs  :(


Title: Re: Corona has killed economy of many businesses
Post by: matchi2011 on May 11, 2020, 03:13:27 AM
Many businesses are forced to scale back operations or pack up , and an increasing number of individuals are expected to lose their jobs  :(
True, it's needed for this businesses to cut the numbers of their employees since they are starting back and most of the time the numbers of productions is not that much, corona effects bring hardship especially to small players/businesses.
Government also needs to act and anticipates this providing assistance to both employers and employees to survive while trying to cope up and recover a normal life.


Title: Re: Corona has killed economy of many businesses
Post by: imstillthebest on May 11, 2020, 03:24:38 AM
Many businesses are forced to scale back operations or pack up , and an increasing number of individuals are expected to lose their jobs  :(
True, it's needed for this businesses to cut the numbers of their employees since they are starting back and most of the time the numbers of productions is not that much, corona effects bring hardship especially to small players/businesses.
Government also needs to act and anticipates this providing assistance to both employers and employees to survive while trying to cope up and recover a normal life.

i think employers not need assistance anymore but the one that need assistance the most is the employees or the workers because they are the ones that lost thier job  . employers or business owners do already have some wealth because they own a business anyway   .  we shall not worry because many ex employees are now recieveing help from the government if not from thier ex employers   .  some permanently lost thier job while thankfully some are only on a leave and will resume once quarantine on thier place was over  


Title: Re: Corona has killed economy of many businesses
Post by: Questat on May 11, 2020, 05:02:16 AM
I think so. The virus effect to the economy so much. In my country, have 2 quanrantine time in 1 mont, every restaurant, shop, entertainment center, etc have to close. 1 month, not allow to any business but the fee of Space costs, electric, workers cost still pay. Afer quarantine time, the people limit spending, so The stores that were reopened were not able to sell. Many stores went bankrupt and sold on the internet



This is called a global crisis because the entire world is affected with the virus, we maybe able to stay away and not get infected by the virus but we have to sacrifice our job and business, and that is what is happening now, some businesses have close and that would result to people struggling while the government not being able to collect the taxes they usually collect.


Title: Re: Corona has killed economy of many businesses
Post by: Zeke_23 on May 11, 2020, 07:41:00 AM
No one really thought that this virus will be this dangerous and becomes the reason for every business to reach its end. Even in our country, though other businesses are still able to survive by doing different ways to earn but this is not enough to survive in the long run.
How long will it last? What's the antidote for Corona?
We really can't tell how long will it last, but it is said that it will last for more months.
The antidote is still unknown, no one is able to create a vaccine and the whole world is still waiting for it.


Title: Re: Corona has killed economy of many businesses
Post by: Sanitough on May 11, 2020, 10:52:09 AM
It is not possible with the Salon because the haircutter will always have close contact with their customer. So the governments should not give permission to salons, in my country the government is not giving any permissions to the salon. In this way, the virus may spread very quickly. We should be very careful.


They already do, our government which is Philippines allows salon to operate under General Community Quarantine.

you can check on the news.

here : https://www.rappler.com/nation/259251-spas-salons-allowed-libraries-not-under-general-community-quarantine
Quote
MANILA, Philippines – The Philippine government will allow spas, salons, and barbershops to operate in areas under a relaxed form of community quarantine, but not libraries.



So what do you say about our government?


Title: Re: Corona has killed economy of many businesses
Post by: wxxyrqa on May 11, 2020, 12:06:53 PM
in any case, every government must fight the virus through isolation, despite the fact that such actions harm business and ruin the economy.  The situation in which the whole world is today is very much reminiscent of the global economic crisis of the last century due to the Spanish flu.  in those days they took the same measures to counter the epidemic, which are taken to this day.  but positive results were achieved primarily in those regions that did not save the economy, but imposed severe restrictions and quarantine much earlier than others.  even 10 days of slowness for an epidemic, this is a long enough time to improve your situation.  how later scientists came to the conclusion that in any case, those who saved the population, and not the economy, won.  The fact is that economic indicators began to increase significantly in those regions, after the end of the Spanish flu epidemic, which primarily saved people and introduced quarantine, with severe restrictions on physical contact.
In my opinion, we really should turn our attention to historical data in order to make the right decisions for the fight against coronavirus today.


Title: Re: Corona has killed economy of many businesses
Post by: leyton11 on May 11, 2020, 12:36:01 PM
The corona virus is considered an economic virus.  The spread is very rapid and mainly stops the economy from operating for a while.  we cannot fight it because its variability is so diverse, so vaccines are difficult to be widely manufactured and manufactured.  So now we should prepare for the worst case scenario, the economy may not be able to return to normal this year.  Run a small business or do a small business this year to minimize risk.


Title: Re: Corona has killed economy of many businesses
Post by: repear7 on May 11, 2020, 12:36:09 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
I guess if we follow rules such as staying inside our home would be a great help but here in our country people will go outside to look for food to eat since we belong on the third world country our local government officials assessment seems so slow that able to make people break the rules.Many people are hungry,and I'm one of them that is why I wanted to do something just to live for my kids.No one knows when this pandemic would stop unless someone could find medicine to cure and fight this virus.
Many people become exhausted because of the policy of keeping their distance, as well as the very poor financial condition which makes it difficult to get cash because the business closes and in any case, is terminated. This monetary recovery will take a long time and maybe up to one year from now, thinking that this pandemic has not subsided in some countries.


Title: Re: Corona has killed economy of many businesses
Post by: raidarksword on May 11, 2020, 01:01:58 PM
Sad to say no one are safe with coronona virus, even the strongest country in the world is on the brink of economy downfall. It caused too much damage that everyone that shocked down to its core on every countries implemented lockdown in order to fight the unseen enemy, the corona virus. There are no estimated time frame  when this will end, not unless vaccine is available. We can also do our share to fight this pandemic, as a citizen we should stay at home in order to save more lives and always follow safety protocols every now and then.


Title: Re: Corona has killed economy of many businesses
Post by: bits4books on May 11, 2020, 02:05:00 PM
In response to all these losses, different countries are taking different measures to help small and medium-sized businesses.
We shouldn’t worry about the fate of large companies - they have their own reserves and if necessary, the state will pump their with money. To reduce losses, try to help yourself in some way: go to local stores instead of hypermarkets, use the delivery of local cafes, and so on.
In the end the weakest will leave because they could not compete but others will take their place. After every crisis there will be the rise


Title: Re: Corona has killed economy of many businesses
Post by: silversurfer1958 on May 11, 2020, 11:39:35 PM
It is clear that the COVID_19 epidemic has had a strong impact on many economic sectors such as tourism and restaurants. No one knows when this epidemic will end. But I think summers with higher temperatures will reduce the worldwide spread of corona virus. Governments such as the United States and Europe are planning to partially open their economies to revive their economies. And I have read some news that there has been much progress in developing this COVID-19 vaccine. I hope there will be a vaccine soon to bring health to all people around the world and the global economy will recover strongly.


Title: Re: Corona has killed economy of many businesses
Post by: Japinat on May 12, 2020, 04:26:09 AM
It is clear that the COVID_19 epidemic has had a strong impact on many economic sectors such as tourism and restaurants. No one knows when this epidemic will end. But I think summers with higher temperatures will reduce the worldwide spread of corona virus. Governments such as the United States and Europe are planning to partially open their economies to revive their economies. And I have read some news that there has been much progress in developing this COVID-19 vaccine. I hope there will be a vaccine soon to bring health to all people around the world and the global economy will recover strongly.

In some countries which the temperature are not cold, they also have a high rate of corona virus cases, so I don't think that would help reduce the infection, it's the vaccine, and only the vaccine would make us safe but the virus will stay probably.


Title: Re: Corona has killed economy of many businesses
Post by: lepbagong on May 12, 2020, 09:22:47 AM
In response to all these losses, different countries are taking different measures to help small and medium-sized businesses.
We shouldn’t worry about the fate of large companies - they have their own reserves and if necessary, the state will pump their with money. To reduce losses, try to help yourself in some way: go to local stores instead of hypermarkets, use the delivery of local cafes, and so on.
In the end the weakest will leave because they could not compete but others will take their place. After every crisis there will be the rise

Yes, large-scale companies can be ascertained despite being affected by this pandemic, but they still have savings savings to be able to survive the next 1-2 years and can grow again when the pandemic has passed.
hard hit are small companies and the tourism industry, many hotels have had to take a break from most of their employees because of the low occupancy rate with travel and tourism.
in such cases the role of the state is urgently needed in order to later be able to recover this situation, certainly with short-term and medium-term programs, for example helping to reschedule credit that may not be paid.


Title: Re: Corona has killed economy of many businesses
Post by: Nellayar on May 12, 2020, 12:50:48 PM
Corona is not just affecting the world in terms of health, it affects the world in whole aspect. The economy will fall down, unemployment may rise, tax, goods and services will rise, company and small business may bankrupt, tourism disrupted. Hopefully this crisis will finish because many poor people like me want to go back things into normal.

Stay safe guys.


Title: Re: Corona has killed economy of many businesses
Post by: lumeire on May 12, 2020, 12:51:58 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
Yes basically most of the non essential services have taken a major hit in these Corona crisis and many of the businesses have taken a fatal blow to the backbone.

But the worst thing I have seen is that the governments around the world are opening up lockdowns even though the pandemic is still on the rise and this will lead to an increase in number of cases and this can cause a lot of trouble for those countries in long run as they would have to implement the lockdown again till the pandemic stops spreading.


Title: Re: Corona has killed economy of many businesses
Post by: Gheka on May 12, 2020, 01:41:39 PM
It is clear that the COVID_19 epidemic has had a strong impact on many economic sectors such as tourism and restaurants. No one knows when this epidemic will end. But I think summers with higher temperatures will reduce the worldwide spread of corona virus. Governments such as the United States and Europe are planning to partially open their economies to revive their economies. And I have read some news that there has been much progress in developing this COVID-19 vaccine. I hope there will be a vaccine soon to bring health to all people around the world and the global economy will recover strongly.
I think the most important thing is that the vaccine needs to be made and delivered soon, otherwise, with any policy from the government, it is just an impossible task because even with high temperatures, the spread of the virus is still very high and may reactivate. Although some countries have shown many signs of successfully stopping the disease but this is only a temporary period, many businesses still cannot reopen and have to go bankrupt, maybe we will have big economic setbacks in the near future, many younger generations are also facing unemployment right now


Title: Re: Corona has killed economy of many businesses
Post by: FanatMonet on May 12, 2020, 11:37:58 PM
Corona is not just affecting the world in terms of health, it affects the world in whole aspect. The economy will fall down, unemployment may rise, tax, goods and services will rise, company and small business may bankrupt, tourism disrupted. Hopefully this crisis will finish because many poor people like me want to go back things into normal.

Stay safe guys.

Yes, a pandemic will inflict a very serious blow to the world, after which it will take years for everything to return to normal.
But here the cost of products should decrease, either through subsidies from the government, or from the producers themselves.


Title: Re: Corona has killed economy of many businesses
Post by: Rulelies on May 14, 2020, 09:48:46 AM
Only a vaccine can put an end to corona but looking from another perspective corona might not end because if i get cured from the virus i can still get it again so it might just be a circulating process. Except maybe a vaccine that can cure and make you immune to the virus.


Title: Re: Corona has killed economy of many businesses
Post by: rk8814719 on May 14, 2020, 10:03:54 AM
Yes Corona has killed economy business Due to all world locke down like India not any activity business all supplies chain stop covid-19 infection is human to human transfer and Global Import and Export Stop.Global big Economy  crush many people postive covid -19 Present  time not making any antivirus or vaccine so upcoming days is dangerous so everyone people use social distance only this saftey point.


Title: Re: Corona has killed economy of many businesses
Post by: dunfida on May 14, 2020, 10:58:58 PM
Corona is not just affecting the world in terms of health, it affects the world in whole aspect. The economy will fall down, unemployment may rise, tax, goods and services will rise, company and small business may bankrupt, tourism disrupted. Hopefully this crisis will finish because many poor people like me want to go back things into normal.

Stay safe guys.

Yes, a pandemic will inflict a very serious blow to the world, after which it will take years for everything to return to normal.
But here the cost of products should decrease, either through subsidies from the government, or from the producers themselves.
One is on the positive where goods and other sources becomes cheap which is understandable since demand is way too low but if we do think
of that these levels is much more preferable where most or everybody can afford of.Of course,anything wont return into normal with a snap.
It will stale for some time but wont really be that long.

Only a vaccine can put an end to corona but looking from another perspective corona might not end because if i get cured from the virus i can still get it again so it might just be a circulating process. Except maybe a vaccine that can cure and make you immune to the virus.
The only thing that would solve out this pandemic.If this cure wont come out or available then we cant still be sure on how vastly affect this one
in most industries.


Title: Re: Corona has killed economy of many businesses
Post by: Negotiation on May 15, 2020, 03:58:41 AM
Yes Corona has killed economy business Due to all world locke down like India not any activity business all supplies chain stop covid-19 infection is human to human transfer and Global Import and Export Stop.Global big Economy  crush many people postive covid -19 Present  time not making any antivirus or vaccine so upcoming days is dangerous so everyone people use social distance only this saftey point.

This Covid-19 has shaken the world at once Not only in the case of India, but the whole world is also suffering from economic problems and the helpless and poor people are suffering from financial problems. No vaccine has been discovered so far. Therefore  the government must take some steps to improve the country's economy and business.


Title: Re: Corona has killed economy of many businesses
Post by: Gyfts on May 15, 2020, 04:02:51 AM
It is clear that the COVID_19 epidemic has had a strong impact on many economic sectors such as tourism and restaurants. No one knows when this epidemic will end. But I think summers with higher temperatures will reduce the worldwide spread of corona virus. Governments such as the United States and Europe are planning to partially open their economies to revive their economies. And I have read some news that there has been much progress in developing this COVID-19 vaccine. I hope there will be a vaccine soon to bring health to all people around the world and the global economy will recover strongly.

There isn't too much evidence out there to suggest the spread will slow down in the summer. The virus is already thriving in places with warm temperatures even though direct sunlight will kill the viruses on most surfaces. Still though, humans are the worst transmission vector out there. We rub bodily fluids on everything then touch our faces hundreds of times a day.

The vaccine is a pipe dream. It takes at minimum 12-18 months to develop a vaccine so if you're predicating reopening an entire economy on one vaccine, I have some bad news for you. I get why countries went into lock down because China suppressed their data and people were not sure what type of people died from coronavirus. We have the information now, it's old people or people with preexisting conditions. A quarantine solution is what's needed where you target the most vulnerable and isolate them. You let young and healthy people go back to work.

This is what the UK is doing, and the U.S. is following suit.


Title: Re: Corona has killed economy of many businesses
Post by: realinks on May 15, 2020, 06:14:14 AM
I don’t see corona leaving any time soon if a vaccine can’t be produced. A vaccine that cures and make you immune to the disease.


Title: Re: Corona has killed economy of many businesses
Post by: shushu9977 on May 16, 2020, 11:26:06 AM
May Allah help us from corona virus. Now a days it is increasing day by day and affected almost 213 countries and territories around the world have a total of 4,647,960 confirmed. It is very serious and harmful for all kind of business. 


Title: Re: Corona has killed economy of many businesses
Post by: Naida_BR on May 16, 2020, 04:27:42 PM
I don’t see corona leaving any time soon if a vaccine can’t be produced. A vaccine that cures and make you immune to the disease.

Even if vaccines will not be produced we cannot continue to live under lockdown.
It will be a huge economic disaster and many people are going to lose their jobs due to that because businesses are going to be closed.
We are going to see huge decrease in the world's GDP already so we should not continue this bad trend.


Title: Re: Corona has killed economy of many businesses
Post by: Wayan_Pedjeng on May 16, 2020, 05:18:11 PM
Here in Indonesia, the situation is starting to become unbearable. A lot of people have lost their jobs, and they are surviving on savings. I know families who are not having enough food to eat. I know people who were forced to stop taking medications due to lack of money. If the pandemic is not contained in the next 2-3 months, then it is going to be disastrous.


Title: Re: Corona has killed economy of many businesses
Post by: Tahsin Kabir Kollol on May 18, 2020, 06:10:00 AM
The world economy is in great trouble because of coronavirus. The coronavirus pandemic force the whole people to stay at home and most of the business goes to move in destroy. Nobody is aware of how long the virus will go for. If this situation continues for a long time, It must be a threat to most of the business. Many businesses are already struggling to survive themself and many more were fully stopped. Now we can only wish for any solution to make this virus stop. Otherwise, most of the business and the world economy will occur unrecoverable loss.


Title: Re: Corona has killed economy of many businesses
Post by: Jorge158 on May 18, 2020, 06:40:58 AM
Coronavirus pandemic has really had a detrimental effect on the economy of not only businesses but the globally. The global economy is on recession due to the fact that most companies have laid off workers, production has reduced, travelling has reduced leading to diminished foreign exchange etc. Until COVID-19 gets remedy and everything bounces back to normal, the world's economy will continue to decline gradually.


Title: Re: Corona has killed economy of many businesses
Post by: Japinat on May 18, 2020, 11:38:55 AM
Coronavirus pandemic has really had a detrimental effect on the economy of not only businesses but the globally. The global economy is on recession due to the fact that most companies have laid off workers, production has reduced, travelling has reduced leading to diminished foreign exchange etc. Until COVID-19 gets remedy and everything bounces back to normal, the world's economy will continue to decline gradually.

That's expected to happen, though this pandemic will be over soon but it will be hard to fix our economy, we need to work to slowly fix this and with that, some people will suffer due to the instances you've mentioned.

Actually, the longer this pandemic will stay, it will kill the economy of the smaller nation since they don't have enough savings, soon they will get bankrupt, borrow from big countries, and they will sell their resources and therefore that will affect their economy which might have a long term effect.


Title: Re: Corona has killed economy of many businesses
Post by: bakasabo on May 18, 2020, 08:58:55 PM
I don’t see corona leaving any time soon if a vaccine can’t be produced. A vaccine that cures and make you immune to the disease.

Even if vaccines will not be produced we cannot continue to live under lockdown.
It will be a huge economic disaster and many people are going to lose their jobs due to that because businesses are going to be closed.
We are going to see huge decrease in the world's GDP already so we should not continue this bad trend.

I can see only 2 positive aspects of the lockdown. Not all companies need to have an office to work, or as big office as they have at the moment. They can cut down on some expenses with that.

Company management can reorganise work. They can find weak links among workers and substitute them with new or delegate their tasks to others.


Title: Re: Corona has killed economy of many businesses
Post by: clickerz on May 19, 2020, 04:44:36 AM
I don’t see corona leaving any time soon if a vaccine can’t be produced. A vaccine that cures and make you immune to the disease.

Even if vaccines will not be produced we cannot continue to live under lockdown.
It will be a huge economic disaster and many people are going to lose their jobs due to that because businesses are going to be closed.
We are going to see huge decrease in the world's GDP already so we should not continue this bad trend.

I can see only 2 positive aspects of the lockdown. Not all companies need to have an office to work, or as big office as they have at the moment. They can cut down on some expenses with that.

Company management can reorganise work. They can find weak links among workers and substitute them with new or delegate their tasks to others.

Sad but true. It is predicted that about a year or two that the economy will recover. Also, In addition it is said that many businesses will not recover and shutdown. For the leaders, this is a difficult balancing act between the economy and this pandemic.  Hopefully, there are announcements on progress on human testing of the said vaccine.


Title: Re: Corona has killed economy of many businesses
Post by: theminingclub on May 19, 2020, 04:48:16 AM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

Corona is Freezing All economics in the world.


Title: Re: Corona has killed economy of many businesses
Post by: BennyK on May 19, 2020, 06:51:39 AM
I don’t see corona leaving any time soon if a vaccine can’t be produced. A vaccine that cures and make you immune to the disease.

Even if vaccines will not be produced we cannot continue to live under lockdown.
It will be a huge economic disaster and many people are going to lose their jobs due to that because businesses are going to be closed.
We are going to see huge decrease in the world's GDP already so we should not continue this bad trend.

I can see only 2 positive aspects of the lockdown. Not all companies need to have an office to work, or as big office as they have at the moment. They can cut down on some expenses with that.

Company management can reorganise work. They can find weak links among workers and substitute them with new or delegate their tasks to others.

Sad but true. It is predicted that about a year or two that the economy will recover. Also, In addition it is said that many businesses will not recover and shutdown. For the leaders, this is a difficult balancing act between the economy and this pandemic.  Hopefully, there are announcements on progress on human testing of the said vaccine.
Definitely, some businesses that have shutdown during the time of COVID-19 may not rise again and this will go along way to affect the individual work. Now after the pandemic, America will have to set target to battle unemployment which resulted for lay offs.


Title: Re: Corona has killed economy of many businesses
Post by: Viscore on May 19, 2020, 07:59:26 AM
Definitely, some businesses that have shutdown during the time of COVID-19 may not rise again and this will go along way to affect the individual work. Now after the pandemic, America will have to set target to battle unemployment which resulted for lay offs.

They should already have that plan in place, otherwise there will be chaos and America will not be great again.
I know they are one of the richest country if not the richest, so I also expect that they are smart to battle this temporary problem they are facing.

In fact, they are positive because they announce the vaccine will be available by next year, but I guess if other countries will release first, then they could also acquire some to help their people.


Title: Re: Corona has killed economy of many businesses
Post by: Subbir on May 19, 2020, 03:25:42 PM
I don’t see corona leaving any time soon if a vaccine can’t be produced. A vaccine that cures and make you immune to the disease.

Even if vaccines will not be produced we cannot continue to live under lockdown.
It will be a huge economic disaster and many people are going to lose their jobs due to that because businesses are going to be closed.
We are going to see huge decrease in the world's GDP already so we should not continue this bad trend.

 If we will observe Bitcoin properly we will easily improve a country's economy without inventing a vaccine and that we can increase the expansion of trade and commerce. there's getting to be an enormous crisis ahead Excluding the world's GDP if we now invest in Bitcoin it's possible to beat the economic catastrophe with online-based work While Corona has had an impression on the country's economy its impact on Bitcoin has diminished considerably.


Title: Re: Corona has killed economy of many businesses
Post by: FanatMonet on May 19, 2020, 11:11:11 PM
Here in Indonesia, the situation is starting to become unbearable. A lot of people have lost their jobs, and they are surviving on savings. I know families who are not having enough food to eat. I know people who were forced to stop taking medications due to lack of money. If the pandemic is not contained in the next 2-3 months, then it is going to be disastrous.
And the government is not taking any measures to help such families? Money or food? With the help of products, they could help not only such families, but also farmers, from whom they could buy these products, and thereby help immediately both people and producers.


Title: Re: Corona has killed economy of many businesses
Post by: Wafilian on May 23, 2020, 06:09:07 PM
Most of the country of the world are affected by a coronavirus and the economy of all country are badly affected by this pandemic. Most of the businesses lost their asset because of corona and many of them forced to shut down. Coronavirus has already killed the economy of many businesses and If the coronavirus lasts long for a few years, then it will killed almost every business economy.


Title: Re: Corona has killed economy of many businesses
Post by: sulendra12 on May 23, 2020, 07:12:41 PM
Corona has killed so many factors in industries and also especially for those who is low at money, they are ignoring the fact that corona exists and they risk their own life just to still work outside because they have nothing to do to get money. It's insane to think that, people will die for nothing because of this shit pandemic.


Title: Re: Corona has killed economy of many businesses
Post by: Rubeus_Hagrid on May 25, 2020, 07:55:47 AM
The virus only shows the vulnerability of our economy, the vulnerability of people. Our task is to recognize these vulnerabilities and eliminate them. For example, a person works in a store that is uncovered. At the same time, he needs to pay rent for the apartment where he lives. He has no other housing; his parents house is far away in another city, to which there is no way. There are many vulnerabilities in this person at once. If he solves this, then he will no longer have such problems even in extreme situations, he will have everything necessary for existence.


Title: Re: Corona has killed economy of many businesses
Post by: Guryon_master on May 25, 2020, 04:57:48 PM
Though this pandemic affected the world economy since majority of the business population has paralyzed, still there is a chance on the side of investors to earn some profit for long term investment. I'm telling because the stock market dropped and this is the perfect time  to invest.


Title: Re: Corona has killed economy of many businesses
Post by: rozmarine on May 27, 2020, 02:14:21 AM
corona is not a killer, corona will make the world great again  ;)


Title: Re: Corona has killed economy of many businesses
Post by: onrise on May 27, 2020, 05:51:15 AM
Though this pandemic affected the world economy since majority of the business population has paralyzed, still there is a chance on the side of investors to earn some profit for long term investment. I'm telling because the stock market dropped and this is the perfect time  to invest.

Under lowdown majorly all business are shut and due to which billions of dollars of businesses are impacted across the world . Share market had taken a huge beating in all countries and people who had invested before has lost their capital unless they continue to hold it for future . Vaccine could now solve all this problem and also we the better it is .


Title: Re: Corona has killed economy of many businesses
Post by: dupee419 on May 27, 2020, 05:56:17 AM
Numerous people have tried but there really is no 100% true antidote for the virus, anyways, many businesses have went downhill, hopefully, every country will be able to outdone and flatten the curve before August hits, some third world countries are really suffering, the economy of the whole country will even worsen if the economy of these businesses will continue to go down.


Title: Re: Corona has killed economy of many businesses
Post by: elisabetheva on May 27, 2020, 08:03:16 AM
Numerous people have tried but there really is no 100% true antidote for the virus, anyways, many businesses have went downhill, hopefully, every country will be able to outdone and flatten the curve before August hits, some third world countries are really suffering, the economy of the whole country will even worsen if the economy of these businesses will continue to go down.
what is now being done is reducing transmission from the sick to the healthy, but not breaking the chain of transmission with certainty. so that this pandemic will continue to haunt many countries and the costs will be substantial enough to be able to handle this pandemic. Even large countries have begun to lose patience because their economies are very disturbed, especially with developing countries, there will be a prolonged economic crisis. only by finding drugs and vaccines could this pandemic make the country able to recover and reorganize its economy.


Title: Re: Corona has killed economy of many businesses
Post by: gabbie2010 on May 27, 2020, 11:01:14 AM
According to the scientists who made the vaccine, it took at least 1 year for the vaccine to prevent COVID-19 disease. But in one year this Corora virus will create many new mutant strains. This is really causing many difficulties for scientists. So it is really hard to say when this epidemic will end. And we will see the age of global recession going on. Many economic activities such as exchanging goods between countries will be paralyzed due to the border closure.
In fact the havoc caused by this pandemic is huge and scientists told us to leave with the virus in our daily life because its going to stay for a long period of time  getting a vaccine is another serious concern to businesses who had already gone bankruptcy even after the pandemic the world economy will never remain as before the pandemic (recession) I hope the vaccine is hurriedly discovered else the world will continue to suffer the consequences of this damming virus.


Title: Re: Corona has killed economy of many businesses
Post by: azmirihaque on May 27, 2020, 02:23:08 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

Still we are uncertain how this virus will stay but we are certain that this culprit has broken down our economy. It is a matter of hope that Scientists are very near to invent the vaccine but it will take a long time to reach in the whole world. Many countries are gradually loosing the the lock down and trying to recover the economy. Yes, it may some what recover the economy but corona will increase its speed and take many valuable life until the final antidote is reaching to general public. 


Title: Re: Corona has killed economy of many businesses
Post by: Vishnu.Reang on May 27, 2020, 03:21:33 PM
The infection rates are declining, and the stock markets are now stable. The impact from this pandemic may not be as worse as it was feared before. If the situation can be contained within the next 2-3 months, then we may actually witness a major economic boost instead of recession, as a result of the stimulus measures that were announced by various governments around the world.


Title: Re: Corona has killed economy of many businesses
Post by: PavelMed on May 27, 2020, 04:34:34 PM
The infection rates are declining, and the stock markets are now stable. The impact from this pandemic may not be as worse as it was feared before. If the situation can be contained within the next 2-3 months, then we may actually witness a major economic boost instead of recession, as a result of the stimulus measures that were announced by various governments around the world.
Right now, governments of all countries need to make informed decisions that will help bring countries to the proper level. Perhaps the US will give way to China, as their economy recovers very quickly


Title: Re: Corona has killed economy of many businesses
Post by: hahay on May 27, 2020, 06:35:39 PM
According to the scientists who made the vaccine, it took at least 1 year for the vaccine to prevent COVID-19 disease. But in one year this Corora virus will create many new mutant strains. This is really causing many difficulties for scientists. So it is really hard to say when this epidemic will end. And we will see the age of global recession going on. Many economic activities such as exchanging goods between countries will be paralyzed due to the border closure.
In fact the havoc caused by this pandemic is huge and scientists told us to leave with the virus in our daily life because its going to stay for a long period of time  getting a vaccine is another serious concern to businesses who had already gone bankruptcy even after the pandemic the world economy will never remain as before the pandemic (recession) I hope the vaccine is hurriedly discovered else the world will continue to suffer the consequences of this damming virus.
Therefore we must obey government regulations about keeping a distance in social life when there are a large crowd of people etc., when a country is loosening the lockdown rules then every individual should have a high awareness to avoid contracting this virus, because even if we only expect vaccines for normal activities then it is a long time and thus, we cannot rely on vaccines in the near future to be able to do normal activities as usual.


Title: Re: Corona has killed economy of many businesses
Post by: Nathanz on May 28, 2020, 08:49:35 AM
Yes actually. A lot of economy slowly fails because of the pandemic. This kind of phenomenon happens once a century that's why we should expect that. This is really bad especially for those third world country. And it will still to continue to worsen the economy of it until they found a vaccine which I believe that will come late to those third world countries.


Title: Re: Corona has killed economy of many businesses
Post by: aakay on May 28, 2020, 12:13:14 PM
It has collapsed alot if businesses and is still going on to shut down more with it's end still far from sight. It's so disheartening seeing people move from 100 to 0 real fast just because of a virus whose origin still remains a mystery and also no breakthrough in finding a cure


Title: Re: Corona has killed economy of many businesses
Post by: elisabetheva on May 29, 2020, 05:01:03 PM
corona is not a killer, corona will make the world great again  ;)

I think corona is that the killer Not only business but many of us have already lost their lives and lots of are affected. there's no set time for when this may end but it'll take an extended time for Corona to form the planet great again. it'll take an extended time to recover the damage done to the economy.
for a country with large foreign exchange reserves and renewable technology, the economy will not be too disturbed, not with developing and underdeveloped countries. clearly very burdensome to be able to rise again, they will clearly need help and loans to be able to run the economy. at this time the pandemic is not over yet and we cannot imagine what would have happened if there were no drugs and vaccines for the pandemic to be finished.
obviously it's terrible not only for the economy but also for human life to be disrupted.


Title: Re: Corona has killed economy of many businesses
Post by: carter34 on May 30, 2020, 04:38:38 PM
It has collapsed alot if businesses and is still going on to shut down more with it's end still far from sight. It's so disheartening seeing people move from 100 to 0 real fast just because of a virus whose origin still remains a mystery and also no breakthrough in finding a cure

I read is still going to be around for a longer time to come. This is really not a good news. Even though some countries have started the economic activities, it is not like in the normal time. Example the football is played without fans to make the game sweet for players and people at home. And tickets are not sold, no money comes to the game.


Title: Re: Corona has killed economy of many businesses
Post by: Hidden Heart on May 30, 2020, 05:10:09 PM
I agree with Your comment that, Covid19 killed Economy of any Busines.  It is Very bad time, i think this Year will very painful for Many People. All types of market now down.   


Title: Re: Corona has killed economy of many businesses
Post by: BITCOIN4X on May 30, 2020, 05:45:39 PM
I agree with Your comment that, Covid19 killed Economy of any Busines.  It is Very bad time, i think this Year will very painful for Many People. All types of market now down.   
It happened after the world was attacked by a pandemic, but rest assured that the world is now improving and is in the process of recovering to a better stage. When we fall, there must be steps that we need to take little by little until we can finally get up. Likewise with the world and its current economic status.

Improving bilateral relations between countries, mutual support is the most rational way that comes to my mind to rebuild the world and its fallen economic status. For cryptocurrency, you can monitor how prices move and compare them before Corona attacks with current conditions, and you will know the answer.


Title: Re: Corona has killed economy of many businesses
Post by: billykannithi on May 30, 2020, 06:40:00 PM
I think corona is accelerating the process of global economic crisis. Many people lose their jobs, without pay. Production companies that were closed / opened cannot sell because the people's income level has decreased. Corona has a lot of bad consequences for the economy. According to the information I read, it is not until the end of 2020 that we can have the preventive medicine and treatment regimen for Corona, so we have a long and difficult way ahead.


Title: Re: Corona has killed economy of many businesses
Post by: Mosolad2006 on May 30, 2020, 09:14:02 PM
Actually no one has ever think of sudden pandemic Covid-19 that brake out. Different businesses go down and many countries economy is in derail and crashing stage, many establishment can no longer meet their labour target and many private workers did not receive any stipen at the play of work, no money to pay for the house rent while some Government in some nation is planning of percentage salaries for their worker's. So this Pandemic affecting various business in different areas nation wide.


Title: Re: Corona has killed economy of many businesses
Post by: iv4n on June 04, 2020, 12:28:38 PM
Actually no one has ever think of sudden pandemic Covid-19 that brake out. Different businesses go down and many countries economy is in derail and crashing stage, many establishment can no longer meet their labour target and many private workers did not receive any stipen at the play of work, no money to pay for the house rent while some Government in some nation is planning of percentage salaries for their worker's. So this Pandemic affecting various business in different areas nation wide.

We have a right to question this pandemic, we have a right to question government measures! Was it orchestrated by powerful figures, was it all just a business, or we really faced some terrible virus? Now we read about some companies that made incredible profits in time of lock down, and we read about small business going bankrupt! Governments are helping big companies and banks, and they are buying votes with stimulant checks, using entire situation for their benefit!
I can only say I don't like entire situation, I don't like how it's handled! Once again we saw how this system is fragile, and how much we need better system, I can add we need it desperately!


Title: Re: Corona has killed economy of many businesses
Post by: zeeros on June 04, 2020, 12:59:48 PM
We will never know when will this pandemic ends since there is still no available vaccine in the market. Because of this pandemic, businesses that are related to non-essential commodities are the most affected ones thus, drastically affecting economy of a country. For now, we should hope that this calamity will end soon and we the economy will recover again.


Title: Re: Corona has killed economy of many businesses
Post by: AakZaki on June 04, 2020, 03:02:21 PM
all business sectors ranging from small businesses to SMEs to large businesses or companies get the same effect when this pandemic occurs. The economic system is chaotic.
But every government in a country certainly has a solution to deal with this problem. in my country Indonesia the Government will provide a stimulus in the form of capital assistance or capital injections for SME and SME businesses which will further strengthen the business being run, so that production will continue to run. In addition to the manufacturing industry will get relief for tax dependents. as well as many other programs that will ease the community and business people to keep operating.


Title: Re: Corona has killed economy of many businesses
Post by: Freeesta on June 04, 2020, 03:12:44 PM
During a pandemic, the most important thing is not to break the insulation. The fewer people on the streets, the faster the pandemic will end. Many enterprises close, but some companies adapt to the conditions and begin to deliver goods home, this improves service and ensures the safety of people. After a pandemic, the economy will gradually begin to recover and every unemployed person will be able to find a job.


Title: Re: Corona has killed economy of many businesses
Post by: GDragon on June 06, 2020, 03:09:32 PM
Actually no one has ever think of sudden pandemic Covid-19 that brake out. Different businesses go down and many countries economy is in derail and crashing stage, many establishment can no longer meet their labour target and many private workers did not receive any stipen at the play of work, no money to pay for the house rent while some Government in some nation is planning of percentage salaries for their worker's. So this Pandemic affecting various business in different areas nation wide.

We have a right to question this pandemic, we have a right to question government measures! Was it orchestrated by powerful figures, was it all just a business, or we really faced some terrible virus? Now we read about some companies that made incredible profits in time of lock down, and we read about small business going bankrupt! Governments are helping big companies and banks, and they are buying votes with stimulant checks, using entire situation for their benefit!
I can only say I don't like entire situation, I don't like how it's handled! Once again we saw how this system is fragile, and how much we need better system, I can add we need it desperately!


Agree, this pandemic exposed the broken system we are living in. Some governments handled it better than other governments. They should prioritize the health of its people and not prioritize things that isn't going to help the situation we are living in.

Many businesses are affected and guess what's worst? They have to let go of some of their workers. So the unemployment rate is rising and it will be hard for those people to continue living without a job for months or years. Unemployment rate of a country is another problem they should solve in the next years or months.


Title: Re: Corona has killed economy of many businesses
Post by: target on June 06, 2020, 08:59:11 PM
all business sectors ranging from small businesses to SMEs to large businesses or companies get the same effect when this pandemic occurs. The economic system is chaotic.
But every government in a country certainly has a solution to deal with this problem. in my country Indonesia the Government will provide a stimulus in the form of capital assistance or capital injections for SME and SME businesses which will further strengthen the business being run, so that production will continue to run. In addition to the manufacturing industry will get relief for tax dependents. as well as many other programs that will ease the community and business people to keep operating.
No doubt corona has affected the lives of common people allot. It has a really bad effect on the financial state of us. We can see now there are no companies that are not working but on the other hand, we can see how everything is gradually turning towards online system people order foods online with home delivery and education is Also now online as classes are running from home without any issue.

Businesses today can't wait to reopen because its affecting their lives already. This is going to create bigger problem because coronavirus isn't yet contained and if we operate the business, we'd all be affected in the end. People will die and recession is going to make it worse. The virus is just the beginning of all these.


Title: Re: Corona has killed economy of many businesses
Post by: 80jutaa on June 06, 2020, 09:21:40 PM
yes...corona is a deadly disease, already millions of people around the world have died due to corona outbreaks. maybe the corona will disappear after scientists can find a cure for this corona outbreak.


Title: Re: Corona has killed economy of many businesses
Post by: princeyeboah on June 07, 2020, 02:56:51 AM
No doubts about it! COVID 19 has brought many businesses to zero economy. The lockdown and quarantine made many businesses to lay off some workers, production reduced, traveling ceased etc. All these factors took a great toll on the economy of not only businesses but the entire world. Now, it will take some time for the world to recover from this recession.


Title: Re: Corona has killed economy of many businesses
Post by: SARA ISLAM on June 07, 2020, 01:21:03 PM
Coronavirus threatens global economy We are heading for a deeper global economic crisis. Except for the daily necessities business, everything else is almost closed. The fall in prices was due to lack of demand for oil due to closure of various transports, Later, the lifting was reduced to prevent a drop in prices. All kind of Production has stopped because people cannot work freely, which could lead to higher prices for many products in the future. Coronavirus antidote has not yet been fully discovered, but several older drugs are working on it. However, many organizations are working tirelessly to find antidotes, and it is hoped that they will soon.


Title: Re: Corona has killed economy of many businesses
Post by: yohananaomi on June 07, 2020, 09:47:32 PM
yes...corona is a deadly disease, already millions of people around the world have died due to corona outbreaks. maybe the corona will disappear after scientists can find a cure for this corona outbreak.
very sad that many countries first underestimated this corona pandemic, which now is very disturbing to almost all aspects of life. especially clear that many economies are disrupted because foreign exchange reserves must be spent for sudden spending. all can be completed once the drugs and vaccines have been found, and hope this passes quickly and the economy can recover.


Title: Re: Corona has killed economy of many businesses
Post by: metenjean on June 08, 2020, 04:51:31 AM
Almost country start with new normal or new era during covid 19 keep exist and every have have new victim, I think almost country have tired with lock down and must stay at home without know when is ended, they try to give solution with new normal but every people must keep checking and take care with their healthy and allow procedure of covid 19 helathy,


Title: Re: Corona has killed economy of many businesses
Post by: DoubleEdgeEX on June 08, 2020, 06:58:09 AM
It´s like a weed out for unsustainable and non-flexible businesses. SMEs are a bane for big cooperations, especially when they are not cooperative, hence the global move to total centralization and monopolies. Governments can easily decide which corporation to support with bailouts, supportive schemes or debt discharge. It´s again a question of who you know, not how good you are at doing business.


Title: Re: Corona has killed economy of many businesses
Post by: whyrqa on June 08, 2020, 11:38:37 AM
In fact, coronavirus affected almost all countries of the world, but the fact remains that the virus affected countries in very different ways, as indicated by official statistics on morbidity and mortality. at the same time, statistics on the spread of the virus and harm to the economy of each country differ from each other, regardless of what level of development the economy of a particular country was before. Many experts and scientists have paid close attention to this fact in order to find out the cause of such an anomaly, since perhaps this is the secret of the antivirus. In addition, the claim that coronavirus affects mainly the elderly has already lost its relevance. As an example, we can take Japan, which is considered the oldest nation in the world, but nevertheless, only 600 deaths from Covid 19 were recorded in this country, which is several times less than in Italy or the United States. if all these indicators, data from other countries are collected and analyzed, then very strict isolation can be changed to lighter forms of quarantine to give business and enterprises the opportunity to restore the country's economy. in any case, to date, the economies of many countries are not destroyed, but nevertheless they are in such a state that not so long remains to fall. in order to start the process of economic recovery, you need to give people the opportunity to move around, because every government should understand that the only value of the country is people who will revive the economy and fill the state budget.


Title: Re: Corona has killed economy of many businesses
Post by: bakasabo on June 08, 2020, 11:54:39 AM
Lets discuss what kind of business were killed. Because there are kind of business, that are just " wounded".
For example any kind of production - some of companies did not even stop their work during lockdown, some simply reduce shifts.

The one who were killed - resellers. Firstly, because goods are not delivered, secondly, because they were forced to be closed for customers.

Other kind of business seems to be working partly, or with losses, or adopted to the situation.


Title: Re: Corona has killed economy of many businesses
Post by: CHENIEN on June 10, 2020, 03:33:59 PM
prevention and compliance is the easiest way to protect more lives from fierce coronavirus and then basically the good news is almost all of the government from different countries who are nonstop from gathering more ways to terminate against this pandemic impact, so I think because of that day by day almost thousand or more cases of infected person has cleared and actually, recovered from illness. I guess our economy is back to normal soon.


Title: Re: Corona has killed economy of many businesses
Post by: concept2 on June 10, 2020, 04:08:00 PM
Yeah, there are many businesses vanishing during the corona Virus. And this is really a sad news. Many companies can not handle the loss and thus, it causes them bankrupt. However, the good news is that many other companies do know how to deal with this crisis and they developed many things, make quick change and adapt to the new system in order to struggle against the corona virus. As you can see, there are many companies receiving huge profit and gain benefits from this pandemic such as Zoom.

Well, I always believe that economy crisis always brings new opportunities and make the world more developing


Title: Re: Corona has killed economy of many businesses
Post by: Ladysmith on June 10, 2020, 09:28:08 PM
"It's only when you've lost everything that you're free to do anything."  8)

Whether this is good or bad depends on your perspective. As always, those with an accurate perception of reality and who are willing to adapt accordingly will be fine.

Ecommerce is going to be huge, especially thanks to defi. Over a billion unbanked people can finally participate in the economy.


Title: Re: Corona has killed economy of many businesses
Post by: bobitza on June 10, 2020, 10:04:25 PM
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
The corona virus is the most frightening disease ever. It causes mass deaths very quickly. Everyone takes social isolation seriously for a long time. Every business is affected. The economy of many businesses is in crisis because of being closed. There is currently no cure for it. Hopefully this disease will end soon.