Bitcoin Forum

It has been about three months that the global economy was hard hit with disruption that had not been experience in a long time.
Even the 1929 economic depression does not have negative impacts as the covid-19 economic impact.

Some of the effects of the Covid-19 affected both individuals and businesses. To individuals here are the effects;
1.Loss of livelihood as a result of loss of jobs.
2.Loss of lives. Those that died as a result of the Covid-19 infection.
3.Social Distance. There is a ban on freedom of movement.
4.Threat of everyone to everyone.

To businesses, some went bankrupt even some governments had to run to the UN and IMF for aids.
Most economies are re-opening and businesses are now operating partially.

The question is this; what will happened to the global economy if there is a spike in the spread of covid19 again ?

In my own opinion, if COVID-19 will start to spread and make a vast number of cases again, I assume that there will be a massive riot in every country because a lot of people will die in starved due to losing their jobs and businesses getting bankrupt. That is why scientists, doctors, nurses, etc. are doing everything for them to provide a vaccine for COVID-19 to prevent this kind of situation from happening.

The markets are opening partially but we need to be careful when you are going out as the possibility of a spike is highly likely, the global economy is struggling and there is no denying that and you cannot shut the entire market for months and expect everything to be great and with that in mind we need to open everything but with certain restriction and everyone needs to follow proper guidelines and have protective masks while venturing out in the public.

In my country, we were not able to flatten the curve, in fact, it keeps on increasing that it reaches over 30,000 positive cases already. But for those countries who were able to flatten the curve, there's always a threat of having a second wave as long as there is no vaccine available. That is why governments should always be ready for the possibilities that might happen especially that most businesses were starting to reopen. It is also the reason why they are very careful with their decisions because a second wave can badly affect the economy.

Debts are increasing so it will be difficult for most countries to overcome another wave of infection. If during the first wave, thousands of people already lost their jobs, families can hardly feed themselves, lives at risk, then it will be worse during the second wave. So let's hope that things won't get worse since poor countries might not be able to handle such situations.

Live: WHO reports largest 24-hour increase in coronavirus cases (https://www.google.com/amp/s/www.aljazeera.com/amp/news/2020/06/brazil-coronavirus-death-toll-nears-50000-live-updates-200620230549593.html)
The above report was made on the 21, June 2020. GMT+3. Nations reopening their economy does not mean the curve is flattening, it's rather a reflection of the impact on the economy which forced nations to make a trade-off between attempting to rescue the economy at the expense of a wider spread. There is also a lower fear globally of the virus compared to when the pandemic was at it's early stages.

Despite the optimism, everyone should still adhere to safe health practices.

The problem with a partial reopening is that sectors are interconnected and closure of half will impact the other half which are allowed to open up slowing down a recovery. Flattening the curve imo, should be given priority over boosting the economy. At the event of a second wave the economy will be harder hit.

This article analyzes the situation during the 1918 flu pandemic and it shares some similarities with the current global crisis - Fight the Pandemic, Save the Economy: Lessons from the 1918 Flu (https://libertystreeteconomics.newyorkfed.org/2020/03/fight-the-pandemic-save-the-economy-lessons-from-the-1918-flu.html). Admittedly, the 1918 pandemic had a higher mortality rate, but states which kept NPIs (~non-pharmaceutical interventions, like social distancing and mask wearing) in place for longer experienced a quicker economic growth after the pandemic.

Hard to know what will happen if the Covid19 strike again. There are many scenarios that can be bad or good for the world. As you can see, doctors and scientists are trying to find the cure for this pandemic and if it ever occur, I believe that we have a good chance to defeat it. Moreover, the world is developing and many companies are working with new technologies such as Zoom, online communication, and online meetings. It gives us a chance to work without moving or leaving our places and some researches has found that working at home is better than at a workplace. Therefore, I always look at crisis as new opportunities for human and the economy to improve itself in a way which no one can imagine. After all, human do know how to survive and become stronger

I read they are planning for a second wave by December this year. It will be termed Covid-20.
It remains to be seem if bitcoin will be affected by it again or not, since next year would be the bull year (if we follow the 4-year cycle theory).

Who are they? Do you have any support links or documents regarding this news?

Flattening the curve, this was what we expected that may happen because we already know how to manage the virus and avoid the fast transmission.
There are certain cases in some countries but our WHO has a quick solution if there was an infected it should be isolated in a private room and those who are in close contact should have a swab test immediately.

For sure we will have a global recession, an global economic crisis.
But I don't think if the virus will keep spreading, WHO had alternative treatments even if there are no vaccines yet. They called anti-bodies to fight the covid19 virus.

If there's another spike, I seriously doubt the world is going to react the way it did for the past few months.  The world can't be shut down just because there's a virus going about--at least not indefinitely. 

And OP, that curve is indeed flattening, so that's good news.  I also tend to think that a vaccine might help a lot, as long as it's fairly effective.  I've no idea how this strain of coronavirus mutates, so there may have to be seasonal updates like there are with influenza.  Who knows.  What I do know is that things are getting back to normal (slowly).  I'm more worried about what's going on with social unrest in general, especially in the US.  There's a lot of chaos happening everywhere, and it's pretty crazy these days.  Effin' great time to be alive.

In India, Glenmark came with its drug named FabiFlu (Favipiravir tablets of 200 mg each) that got approved yesterday itself to treat mild to moderate level CoVID-19 patients. I believe that if this works out, we'll definitely see a much better recovery rate against the number of newly found patients. The only fear that strikes my mind is that, if a person accidentally gets infected again after this has been thrown out of its roots, how will he/she be identified as when doctors will think that it has ended, why will they continue checking people? The global economy is yet to witness one of the worst times with people already losing their senses like getting their brain damaged through CoVID-19, loss of smell and taste, etc. because this will surely affect the way we used to work, and how we will be working now.

WHAT ??? "they" are planning for a second wave? who?

In my opinion we will never be able to flat the curve, as we see the covid cases rising every day we cannot just eliminate the virus after a day of not going outside our house of disinfecting the streets.
The only way to flat the curve is to provide a vaccine, which is sadly expected to be out not until 2021, although we are hopeful that the clinical trials happening now will bring some positivity towards the pandemic.

I'm sure it will increase again after the world reopens its half of the economy, it will be on the rise again. Maybe that's the consequence of reopening the economy, the sacrificial thing that we need to do to suffer less in the future in expense of someone's life. Anti-bodies does not have the cure for covid, what it does is it fights the virus until it can't basically it just slows down the virus in a body.

A good test case will be South Korea, we initially had success fighting the spread of the virus because they quickly reacted and imposed strict quarantine and lockdown. But they decided to reopen, however, there are reports that the second wave has started.

https://www.bbc.com/news/world-asia-53135626

I guess it will be back to square one, and for sure economy will be hit hard if not harder than the first wave because people are going to be more scared to go out and afraid that they are going to be the next victims.

The possible outcomes are too many to say that there will be a definite scenario, there could be a chance that when that spike happens then there will be economic collapse, but I do believe that when there is a spike again, we could prevent a collapse because we have learned things from the first wave and the instinct to survive will only help us, the spike would only last for awhile in my opinion because as said above the quote, there are people who are adapting and we humans are very good at adapting.

I cant say that the curve is flattening base on the current scenario here on our society and im worried how the goverment will balance between the economy and the health security of the individual. Most of persons need to work and go outside to sustain daily living since not all individual can avail the amelioration program by the goverment and i believe that there is a big impact of country's economy if this pandemic will last long because civil chaos will rise.

Many countries will get another worst experience, and maybe the effect will be bigger than before because those countries are not yet recovering, and the second wave happens again. Maybe those countries will hard to recover and needs longer to recover. Maybe the countries can bankrupt, but those countries will survive for their people. There are many possibilities for what will happen to those countries if the next Covid-19 comes again.

Obviously it will have a significant effect as long as vaccines haven't been commercially introduced to the market yet. Though as mentioned by @ThePharmacist world won't be reacting the same way they did before. People aren't that fool to let this problem blew us out suprisingly once again as we somehow knew how to handle such life-threatening disaster like isolation, social-distancing, and the likes protocols.

What I'm worried at if this virus would evolve  ???. But nah, I am no scientist anyway. Let us just wish for the world to heal sooner. I can't bear to see a lot of families sufferin' from this... same news everyday  :(

I'm sure we can all be locked down again tightly if covid spreads faster because of the reopening of the businesses. But if they really meant to stop the spread, we could have been locked down still and wait for vaccines to be fully tested effectively. But then locking down will starve us all as well. We are in a critical situation but taking it slow might just save us all.

In my country Covid19 is getting worse and everyday, there's an increase on the number of affected individual and of course we are back to normal since many businesses are now back to operations. The government wants to rescue the economy on our own expense, we are risking lives of many by allowing them to go outside and feel free to live normal again. I'll not get confident to go outside not until we found the cure but as of now, we have to stay stronger and healthy as the government continues to make bad decisions, well I'm talking base on the policy of our government.

Guess the government has learnt their lesson and won't be as stupid as they were in the first instance that lead to them closing all business which resulted to a global crisis that was even more deadly than the Covid19 pandemic. In some countries, many died from hungry then they did to the virus as a result of their source of living been put on hold. Most below average individuals depends on a daily income that only takes them and their family throughout the day meaning if they don't work for that day, they can't eat and cater for other important things.

There were different ways the pandemic would had been tackled without total shutting down the economy. Educating the general public and informing them on the ways to comport themselves, staying hygienic and sanitizing their hands at every public center would had been a preferable choice and I believe that'll be the better solution in a scenario where your assumptions comes into reality.

The flattening curve of covid19 makes more people complacent and that's the scary part of it because it gets more people  infected in our country on daily basis and that's not a good sign of progress at all. With all the restrictions lifted more people go outside even it's not necessary anymore that's why fighting this pandemic will always start from the scratch. Many loss their job and many companies shutdown due to crisis, only the vaccine will save us and to our world economy as well.

I got your point here. If there is a reawakening of the pandemic or a rising of the pandemic curve after almost completely flattened, what i think will happen is more job loss and more companies becoming bankrupt. The government can not help but to make money cheap for the people, this will lead to inflation.

the overall effect will be the negative chain reaction of the monetary policies the government will put in place, it could lead to hyper-inflation.

Where are you from (if you don't mind me asking)?

Here in Europe the curve is indeed flattening - for now, at least. The situation is becoming more and more relaxed but this also gives people a false feeling of security. The German virologist Christian Drosten for example just warned in his recent podcast that he thinks the whole situation will look worse again in a month. I get it, it's summer holiday, the weather is great, we all want to go outside and have fun but we shouldn't ignorantly act as if the whole thing is over now and we're all good. The situation in other parts of the world - and it seems like this is the case for you - isn't looking good at all but rather grim and should pose as a warning for all who take things too lightly. It's no coincidence that, as someone mentioned earlier in this thread, the WHO just recently reported the biggest increase in new cases per day.

It will be a tough decision for the politics worldwide how to deal with the ongoing crisis and a possible second wave. I do not want to be the one who has to weigh the death of (potentially) thousands against the long-term economic damage that the countermeasures would cause. But I am pretty sure that no country could completely shut down its whole economy for much longer/a second time.

It's true that necessity is the mother of invention. This pandemic has proven it be a truism and a very strategic quote. I am of the opinion that to prevent the spread of this pandemic, certain activities should be held via telecommunication devices such as Zoom, Sasaitalk, Google meet etc. we have seen the online meeting devices innovation rising due to the e-meeting trends.

The way forward is to operate virtually and physically at this time.

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Bad debt will characterized the money market and the capital market this period. Bad debts from businesses, individuals and from government, this will cause an untold downturn to the global economy.

Leaders of developing countries have come up with a debt management strategy for their countries. They are demanding the IMF and UN for a grace period not to pay interest rate for certain years. Who will bear the brunt of this strategy? Its obviously the investors.

[moderator's note: consecutive posts merged]

Actually in our country flattening of the curve not yet happen but government is now open,the transportation are back,many people back to work again and some business companies are now operating again. The problem is the number of covid positive keep on increasing. It's really difficult that the government start a new normal despite of the increasing number of affected.

If there's a spike in the spread of COVID19 again, we should be expecting more worse scenario because the government believed the only way to reduce/prevent the spread of the pandemic is to stay at home because there are some individuals which will never comply to the good proper hygiene procedures.
Let just hope the vaccine is detect.

The situation is now really very difficult. Very stringent measures were taken in most states to combat the spread of coronavirus and this led to the collapse of economies and worsening people's lives. Despite a further deterioration in the situation, governments are loosening quarantine measures, as people are on the verge of mass protests. It is even difficult to predict what will happen next. Apparently, we cannot avoid a global economic crisis. However, this does not preclude starvation riots. The governments of most states were not ready for such serious measures to combat coronavirus. They copied the actions of other governments and made many mistakes.

The problem now is people need to familiarize themselves with the new normal. Still, many of them don't care about that, and many people are together in the public area, which can get infected from the asymptomatic or the carrier of the virus itself. I think they feel bored to stay at home for more than 3 months so when the new normal was used, they feel that they now can go out from home, and meet their friends or partner in the public are. That is so worrying because we don't know if there will be no second wave of Covid-19.

Since this is not the first time humans have faced the economic crisis I guess it won't be much depressing after couple of years when everything reset to normal.

I have observed we as humans make fuzz of something bad to extreme levels, start thinking more worst case scenario's but it has occurred that we always comes up with the solution and forget what was happened. It's funny and proves primordial behaviour.

Let me put the years here when we almost lost us due to crisis but we stood again and living in 21st century.

the Great Depression 1932;
the Suez Crisis 1956;
the International Debt Crisis 1982;
the East Asian Economic Crisis 1997-2001;
the Russian Economic Crisis 1992-97,
the Latin American Debt Crisis in Mexico, Brazil and Argentina 1994-2002, and
the Global Economic Recession 2007-09

I guess we shouldn't be worried about the current one as well if we gotten through all the above when we had NO RESOURCES.

The situation might be just a normal situation, people get infected and some will die, that would be the normal thing, and the big changes is that we will be roaming in the street wearing mask. I am hoping this problem will soon be over but as of now there has been no vaccine yet so what we can only do is just to minimize going outside to avoid getting infected and I think the economy will survive as long as the government will open businesses with strict protocol in place all the time.

I agree with you that the economy is suffering so much because everything is closed If everything is opened the economy will be restarted We have to be careful to keep the situation normal You can't go outside without a need. Try to avoid public gatherings The more I stay at home the safer it is The situation will get worse if we go back to walking freely.

I hope not, dude. That would be even so frightening. I'm not frightened for myself, but also for my family and even for other people around the world.

I can't also bear to see others suffering. I wish I could do something like donate but I can't since I'm not financially stable and I don't have a job at the moment. The least I can do is pray for those who are greatly affected.

Anyway, the continuous increase in the positive cases cannot be stopped unless there would be mass testing (in our country) and a vaccine available that could fight the virus. But given the current situation, we cannot simply stay at home while starving. Good thing (somehow) is, some businesses are opening and the economy will slowy rise up again. Though some people would really have to go outside and work, and put their lives at risk. Hence, safety protocols must be strictly implemented and people should follow and cooperate for the safety of everyone.

It simply cant be harder then the first time. 1. some already have immunity (sadly in countries that locked down strict not that many).  2. companies and businesses are more ready. They remodelled business processes and they modified their working environment to have their workers more isolated.  3. there is more available hospital beds and respirators and more available masks as it was in first wave.  So this are 3 reasons why economy will not be hit as hard as in first wave. What will be hit harder is People, company and country budgets. For the first wave they had saved reserves. Now those reserves are dried out and second wave will be pure debt.

I fully agree with you, any new wave of corona will be not as severe as the first one. Our understanding of the virus was basically not existent at the beginning of this year. Everyone thought it only a local virus in China. Who would have thought that it will spread all around the world so quickly? Even if people won't be immune towards the next wave of corona we will still be better equiped to deal with the new outbreak. Also, the people are more sensible now towards the subject. For example all people wearing masks in public was not being thought of in western country. And now its the new reality. We humans are resilient.

It is a sure fact that for the economy to experience real growth, people must be involved in economic activities. Without that, the growth that will be witnessed is a rise in price(inflation-caused growth). I feel the main reason why some countries are re-opening their business is to avoid the micro-economic and macro-economic impacts of the pandemic. People will die more from hunger than from covid-19, if the economy is not reopened for a long time.

Hence, there must be a trade-off.

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This is the best part of this response. the human spirit is sound and strong, which is needed for invention and innovation of solutions to emerging problems. We have seen how humans developed technologies that brought civilizations.

I have written couple of articles on the rise of remote working trend. The question had been which is more effective "workplace working or remote working?"

Remote working will save cost of operation to businesses, as this article put it:https://3srules.com/blog/beautiful-side-remote-working/   

[moderator's note: consecutive posts merged]

Who are this group of people trying to start a second wave of covid-19 to be called covid20? who started the first wave? kindly provide a credible fact and not just conspiracy theories.

The halving-four years theory might not hold as used to be foretasted because the economic wave is not the same as is always in the previous ones..
so, expect a high uncertainty when it comes to bitcoin price rising by next year

First of all, I think the government cannot handle everything.
We must also work this out.

Many of us lose their job which means the economy could also fall down.
But, there are still other ways to make money.
Some of us are hit hard by the virus but yet we cannot stay idle and just stay still in the corner crying especially those with families.
I have learned that lesson years ago even without a virus that is killing our economy.
The government will provide what they can but we must also use our own unique methods to make it through.

Firstly lockdown didn't even work out, because a lot of people never still stayed indoors, despite everything they were coming outside. I don't think that people are ready to stay indoors anymore. Even if there happens to be another spread (which I don't pray to happen) I don't think that people are ready to stay on lockdown, just like I have said at first. The best we can do is to wear masks and wash hands regularly, and try as much as possible to stay safe by maintaining distance and avoiding handshakes and things that can lead to being infected by the virus.

Already there are enough warning about possible second wave of covid19 as in recent times, there were sudden cases on Beijing but fortunately as most countries have not lifted restrictions on internal travelers, I guess there could be less chances for any spike in the spread of covid19 any more. It may keep going flatten and then will fall down.

Yeah at the moment humanity (us especially) are doing leap of faith - soon enough a lot of people will be ill again and its only a matter of time when next peak will occur (imo obviously)
so if scientists,doctors,nurses etc. will provide a vaccine just in time humanity will be saved and so will be our economy

Not all countries have this flattening the curve, especially those places that didn't implement the protective measures.

The flattening curve will not give a guarantee of reducing numbers of total cases during the pandemic, I guess it will be determined if there is a vaccine developed as a preventive measure to fight and totally eliminate the virus until it will lift up. So, it's hard to declare that we are in the flattening curve situation.

But at least we had already found sub treatment against the virus that is very beneficial to us to get recover, if you will see as of now, the number of recoveries was increased compared to death.

Not sure which country you are talking about. There are still countries where the curve is yet to flatten. In fact, it is getting worse which some government won't be acknowledging that at all.
Even if a second wave or a sudden spike comes through, we won't see much of a change. Since most people are already aware of it and knows how to deal with it, I don't think we will be seeing the business closing down again, unless the whole situation goes out of hand (and this is where everything is wrong. We always wait for the situation to get worse before we do anything).

People get bored of staying at home and i believe part of those people but i think the solution is not total lockdown but people practicing the good hygiene because the number of cases still rise during the total lockdown which mean the good hygiene is not well practiced and i hope there won't be any lockdown again cause it will affect the world economy and it will take many years to get back to normal.

some countries never flattened the curve. the USA never did. cases are now at record highs again and it obviously isn't just due to increased testing since hospitalizations are rising too.

the stock market just took a big shit, probably on fear that reopenings will be rolled back due to the worsening coronavirus problem. the phrase of the week seems to be "W-shaped recovery"---expectations are growing that there will be major stagnation after an initial boost in q3 from reopenings, and perhaps overall a longer, rockier recovery.

biden's poll numbers are rising fast---the market may be pricing that in too. there is some consensus that biden would roll back some of trump's tax cuts and business-friendly policies, which would adversely affect the stock market.

The impact of the corona virus is indeed terrible, besides making many businesses go bankrupt. This corona virus makes many people die,
hopefully vaccine can be found soon. In my country the corona virus is flattening, this is what makes many businesses begin to reopen,
so that the economy can rise. But its effects can occur surges to the spread of this corona virus, because there will be many people get
together and not keep a distance. Hopefully the public can be disciplined to obey corona virus prevention health protocols.

Maybe in other country covid19 curve is now flattening but in our country the number of inffected keep on increasing everyday but despite of this,government is now implementing a new normal,where people are now allowed to go outside,to work,to travel and transportation are going back to normal. I don't understand why government give a loose policy despite of covid19 positive increased. How we can minimize the spreading of virus if almost all people getting outside instead of stay at home?  
For me stay at home and do crypto,stay safe!

What you are suggesting is not possible for most people. Very small population knows about crypto and how it works. Also, how can they invest if they have no prior job? People need to get out to work and so their respective families can eat. You can't blame them. Because for most people, their work is their only source of income. Not all people have the privilege to use the net. Remember that. If you are in the third world country,  a lot of jobs are blue-collar ones. So do you expect them to know about crypto? I don't think so.

We hope so. As long as people can have a healthy life during the new normal, we will not see a significant new case because people will obey the protocol from each government. They will not try to break it because they know the consequences if they don't follow the protocol. I am sure that if every people can do this, the work of a doctor, nurse, and the other too can be reduced, and they can focus on curing the patient at the hospital without seeing any increase of infected people.

i feel you bro  . i see people here lost thier jobs and i just feel worry about them , i then think that im blessed because i knew crypto and started getting my source of income from it  . govts cant support the food and the money of the people forever  or economy will collapse hard if that happen   . it will be hard to rebuild a totally damage economy so govt are finding a new way to lessen the damage and one of that way is to open the working places again to limited people only   .

Sad to say but in my country, the curve is not flattening. It keeps increasing day by day and the government keeps blaming the people even the president have granted a special powers to COVID-19 here, nothing happens. Corruption still occurs even there's a pandemic. The worst part is, they keep requesting loans and we don't know where it goes.

They took advantage of this pandemic to become more corrupt, I feel so bad with our own government and I don’t think we are really flattening the curve because its getting worst day by day.

I almost loss everything because of Covid-19 but I have no choice but to keep moving everyday and to keep working because if I stop doing this, my family will suffer more. There’s risk of resuming the jobs of so many just to keep the economy afloat, but I think life must not stop since we have a lot of problems to face and I know God is guiding us.

Covid cases are not reducing to be honest,it almost reaches 10 million for now even with this numbers many governments are trying to hide their number of cases to save themselves from further economic crashes.Post covid 19 will be tough time for everyone because people won't have Money to spend so poor will be starving and the rich people will go in debts.

I think in other countries their covid-19 cases is now flattening and they are returning back to normal, but not in my country because everyday the cases is continuously increasing. Specially in the province with many of people don't know how to obey restrictions by the government that's why they got infected and the spread of the virus is so fast.It is sad to think that there are people who are stubborn, the gatherings are still there, they don't even wear mask if they need to go outside.Hopefully the local government be more strict in implementing the policy to end this pandemic soon.

I guess the world's economy can't handle another lockdown period. So herd immunization is the method I suppose all the countries eventually will apply if Covid-19 cases start to jump. You know, they call it "Greater Depression". This will be tough. Most consider much tougher than the Great Depression. So, as a lucky generation, we'll experience it and Covid-19 precautions will eventually be relaxed one way or other.

Perhaps the second wave of the virus is ahead. But I think that this time the countries are ready to meet the virus and counteract it more effectively. Perhaps worse will no longer be for the economy. Keep in mind that many countries around the world are working on a vaccine. Some countries have already begun testing the vaccine in humans. In the near future, the world will return to normal life and the second wave of the virus will no longer be dangerous.

When we are talking about the curve flattening , we need to understand that it's not the case everywhere , most of the places are seeing a spike in the cases followed by economic loss in both local and international matters .

We need to take every country as a whole in account, most probably we will see another wave of COVID in US , Where the President is cracking up jokes about people protesting against racism he is just creating problems for himself for the long run , people will continue to come forth to tackle this man , now unfortunately in the US masks and everything are not that much of a necessity for everyday routine and therefore people do skip it .

I do think we will be seeing much more problems in the future because of the way America is being governed, they could just pass a law against racism ! Is that so hard ? This way , it would help both the government by decreasing the cases and people too who are risking their lives everyday .

At the same time we can see the situation in India too , where they are registering the highest number of cases per day , considering it's the second most populated country in the world I do think it will be Preety hard to control it .

The cases are only lessening in Europe , not whole Europe.

We are living in a funny world , first Trump made a wall for Mexicans and the wall is working in the favour of Mexicans only since they are the ones who have to close the borders for Americans due to COVID-19.

The cases are not lessening , what we can positively say is that * we now now much about the virus and most probably will see vaccines and medicines on the way soon .

Honestly, 75% of people around the world don't break the stay home and the practicing of good hygiene despite they are aware of the consequence. However, i believe they are doing this because some of the government official which advised people to maintain social distance and good hygiene actually don't follow the instruction said in the media.
Lets pray everything workout just fine for crypto, real world market and vaccine is detect in time. Do you know how many people have contact the virus doing the racism campaign?

Regardless of it will be the second wave or not, I agree that economic of most countries will not get hit bad anymore due to corona outbreak. Almost every country derived a methodology on how to fight against the ongoing pandemic like they are taking measurements to keep their economic intact while protecting their people. I'm just praying to God that vaccine should arrive before anything worse happening than the current situation. I mean almost every country will bounce back from the current situation economically.

Social media and mainstream media must be deserving appreciation for making people to fight against corona by following the measurements prescribed by WHO. This must be the core reason, currently we are having curve of active patients flattening. Hope it will head to fall incoming weeks.

I don't think that we will reach that kind of struggle in this Covid-19, that's too much and is less likely to happen. I believe that each and everyone of us can help contribute in minimizing the risk of this Covid-19 in a certain country. It is possible if it is a political-related riot that will surely happen due to those governments who are not handling this pandemic properly. But if the government is really responsible and accountable about handling and controlling this virus then people will not need to do those things that can worsen this struggle amidst pandemic. Good leaders is what we need and disciplined citizen to follow the new set of rules and regulations to minimize the risk of getting the virus. 

as far as I've heard there are no confirmed treatments yet, and we don't even have confirmation that people really get immunized and can't contract covid again.
right know eveything is uncertain.

better safe than sorry

Even though the Covid-19 curve is flattening it is still not that easy to recover from all of the damages that it brought to us. You can bring back death to life, there are huge number of deaths in this pandemic and businesses aren't allowed to open and new set of rules and regulations must be implemented when we go outside to go to work.

For me, I think that global economy will not recover immediately as this virus is still not safe when we flattened the curve, unless there is a vaccine, that will help us to become immune to the virus. Until there's no vaccine it is really hard for us to go back to normal so that as soon as the vaccine is 100% legit and effective, they should distribute it immediately.

Global economy takes a lot of time and effort to recover so let's wait for the governments to make an effective plan for that.

I really wanna share your optimismn here. But when an industrialized nation like the US, with all their resources and infrastructure still reports almost 50k new cases every day, I wouldn't agree with you that "almost every country derived a methodology on how to fight against the ongoing pandemic". From an outside perspective it looks more like the US gave up the fight. That their president thinks they should test less so that they won't have that many cases, just encourages this assumption. With this kind of mindset it's gonna be hard to really flatten the curve and to give the economy a chance to recover.

It will depend on how it will be but one thing is for sure, I don't think that the healthcare system of different countries can cope up if there will be a spike in the cases of COVID19.

I don't think that the curve is flattening right now and there are no signs that the curve is flattening at all. If you will see the graph HERE (https://www.worldometers.info/coronavirus/coronavirus-cases/#daily-cases) of the daily cases around the world. It is like a roller coaster which is going up and going down for a moment and then move higher than its previous high.

Re-opening of some of the businesses in some countries is a risky move but they don't have other choices or their economy will go down very hard. They need to have some cash flow that is why they have to re-open some business but with some strict protocols.

Dexamethasone which was purported to be better treatment for covid-19 had been showing a promising cure for a severely infected patients the pandemic  had really devastated and wrecked many businesses I just hope a vaccine is discovered as soon as possible else more damages will be caused, easing of lockdown will surely increase number of cases, of course we cannot continue to lockdown while the government provides  palliatives.

The surge may occur when some people think the pandemic is over.

In my country even the New Normal protocol is implemented, which is a new life with a protocol to maintain cleanliness, use a mask and always wash hands. All activities must still have limits, but not everyone can follow the guidelines set by the government. People who ignore this pandemic are people who are very at risk of contracting and spreading.

The government must continue to exercise full control so that the protocol is run properly and this pandemic ends soon.

Apart from the EU, I don't think that the curve is actually flattening. And it may only happen, once the vaccine developed by Oxford University/AstraZeneca is out in the market. Despite a brief drop, the numbers from the United States are once again on the increase, and so is the case in my country (India). All the Latin American nations are witnessing huge spikes in new infections and more worryingly Africa is now getting impacted as well.

The flattening of the curve is just temporary, because a small single outbreak...like what happened in China recently..will cause a gradual spike in the infections again. We have to learn from previous viruses like the SARS epidemic to see what happens when a virus like this goes wild.

Scientists says we will have several curves in the near future and that we should prepare ourselves for a long journey with this virus. It is not just going to suddenly go away... it will come back several times. The impact of this will be short periods of quarantine to stop the spread of the virus to a lot of people in that area.. and then a slow opening of different locations as infections goes down.

This virus might mutate into something more devastating or a vaccine might be found and everything might go back to normal.  ;)

If this epidemic continues to spread, the economy will be introduced to health.
The death rate in this disease is less than 5%, so governments will leave smaller individuals less likely to die in their homes and let the rest work.
Most of the young people will not die because of the disease, and they will do so, and those who die will leave the world silently.
some governments will back to old "stay at home" for some time

Even vaccine would be created then it doesnt mean that we would completely get rid of that curve.This virus is highly contagious and if people arent really that serious on doing social
distancing or following authorities orders then we wouldnt really see that curve to be on the flat side.

Its too early to say that it is already flattening because we do know that there are several waves that we do need to face up.So we can confidently say that we are getting much more better
as days passed.

For now lets hope that pharmaceuticals can really create the cure.

Most countries will not return to the scenario of a comprehensive closure or re-imposing restrictions because they know that this policy is a failure and may not lead to results.
We have continued the ban for several months, but there has been no change and we will conduct new policies such as social estrangement and other financial policies.
Countries will start to return again, whatever the current pandemic results.

A vaccine is still 6 to 12 months away. Until then, the economy will remain in deathbed. There are specific sectors which got disproportionately affected. Examples are airlines, hotels, transport.etc. And we may witness a major market crash in the next few months.. because the stock indices are almost back to the previous levels despite the horrible state of global economy.

People have to be careful with the situation and we have to learn to live with the virus around and expect you are not getting infected and since there is no vaccine the situation is still risky if you are not healthy but that does not mean that we do not have any treatments yet as more than 90% of the infected are cured. In the beginning there was no guideline regarding that but now there is a clear procedure.

In short we need to wait til next year for the virus to be release, with that long period of time, it's expected that the economy would really struggle, big countries and small countries as long as they are still facing this problem, their economy would struggle but I hope it will not collapse though.

Maybe this is the worst year for businesses but we can survive and the economy will recover if we only accept the reality and we will be responsible in following all the protocols the government issued, I know the situation is bad but accepting it fully would ease that burden.

COVID-19 case still continues to increase in some areas just like in our place, the spread is getting worse that even some establishments resume their business operations but still, the sales are not looking good. This pandemic certainly affects the stock market, lives of the people, and more on economic capability. But despite these things, I saw a positive impact on the online business which we can find out an increase of online users and business that brought something in good. And perfectly a time for a crypto to be recognized and people will adopt in this.

Yeah I've noticed too how many online projects has risen during this time and crypto got a lot more attention than it usually gets.
We still can't say that this is the "flat" part of the hill, it may occur that there will be next even more greater wave of it, but we hope for the best of course.

Was a pretty bad situation at first, but I don’t still think it will be as bad if there should be another wave of the virus. Not with the economy, but people are going to be losing their lives due to the Coronavirus, the government has lifted their ban on travels and eased the lockdown, people can now go back to their businesses which means that there will be more of making physical contacts now. The rate at which the virus spreads was growing during the time of lockdown, it will increase more now that there is no lockdown.

Th covid19 plot is not getting flatten on every part of world but only on few countries. For example, New Zealand has declared that they have conquered the pandemic situations and announces about strict restrictions for any visitor to their country including 14 days isolation. But, many countries are just seeing their peak and it is predicted that its peak may occur by the months of September to October. Until there would be a vaccine, we cannot expect the curve to reach zero for the active patients' count.

If corona virus will continue to spread even more, our economy will also continue to strive hard in order not to be totally shut down. People are already encouraged to work not just offline but even online because it seemed that online opportunities have opened up more in this time of pandemic. People have become stronger now to face the crisis even if it means facing another incoming wave of corona virus.

Here in my country, our government wants to take advantage of those who are earning money on online platforms like the marketplace of Facebook by putting tax on it.

It's obvious that online work is one of the easiest and safest solutions to survive this pandemic.
Our economy is having a downfall, we have a lot of debts, it's because of being incompetent in our government.

This is what I really believe too, good leaders with disciplined citizens. We need both. Political-related rally are happening in my country right now. My government are prioritizing other things than prioritizing flattening the curve, we still can't flatten the curve after three months of lockdown, we still have almost a thousand cases per day. Workers who asked for food here are being imprisoned because they gather just to ask for food, isn't it out of touch? I think its better to help them than to imprisoned them. They are the citizens that the government should protect. Some people go outside not because they want to, they won't go out if they are really receiving the help they should get as taxpayers.

This will bring a hard to the whole world because just this past 3 months there had been too many big problem that happening.

People are eager to go back to work and comes out of their houses,what more if this Covid19 spikes again?

Maybe the balance of the world economy will totally collapse because the People will make their own way to sustain their living and that is by looting everything that may feed them.

Loosing Jobs and spending all their resources?this will leave them no option but to make a harsh move.

Didn't see this one shared in the random posts I scanned but WHO this week said that the worst could be yet to come: https://www.bbc.com/news/world-53227219

Global death toll passed half a million in the same week, and it's spiralling out of control in countries that have refused to move according to WHO guidance, so we could yet be forcing the virus to kick into gear.

Good thing we can build up immunity I guess, if I believe what I'm reading so at some point, no matter what governments do, we'll eventually be okay. Bad thing is, people at risk won't be.

This is a sad story happened to our global economy if in case this pandemic will not end. A lot of business will close and many people will lose their jobs that resulted to hunger. This covid19 brings so much struggle to the people and to the economy. Even these days people trying to make a ways to make a living.

FUD. It's totally flattening in the land of the free:

https://meem.link/i/a/3WSQ18.jpg (https://coronavirus.jhu.edu/data/new-cases)
Edited 2020-11-30 to fix a broken image

Well, flattening vertically anyway.

Goddamn I love that flat curve theory, have they decided to do a COVID correlation with Bitcoin or what?

Reminds me of this one I saw on Discord recently. Total FUD from China and TikTok this one, got CCP conspiracy all over the place.

https://i.ibb.co/60NYbc4/image.png (https://imgbb.com/)

Well, the trick is to use a logarithmic scale when drawing such a chart! Looks way more reassuring that way and then you can see the flattening! Another way to flatten the curve for new cases even more would be to don't test that much ... but that's something smarter people than me already have suggested.

I guess we have already seen the worst. When we were hit by the first wave, we weren't prepared at all. This is one of the main reason why the economy of every country were badly affected. But, right now, we know what to do. We are already prepared for the second waved. This means we won't be hurt as badly as we were during the first wave.
I believe if a second wave does come, we will be handling it quite well.

We don't have a cure or a vaccine so we're being (or going to be depending on how you tilt and twist the charts) pretty much equally fucked by the second wave, and in some places even worse. For example some states in the US pledged to not do lockdowns anymore no matter what happens so it's quite possible that some of those places will run out of ICUs, nurses, and/or doctors.

If there are countries that are handling this better - congratulations (and to be fair you'd have to try really hard to handle in any worse) but seeing how the US accounts for ~25% of COVID-19 infections and deaths and is allegedly the world's largest economy - everyone will feel the consequences.

     Well, it is a good thing for you if the covid 19 is flattening in your place, but for other countries such as mine, the cases are just going up and down not while not steadily increasing, it isn't steadily dropping down either. And this is just too frustrating specially to a country which lacks funds to support the needed equipment both for the front liners and for the general public.

     Now, I am pretty sure that this pandemic has already been a big eye opener for the whole world which is why I am pretty positive that when a similar problem/pandemic like this arises in the future, most countries will be well prepared or have allocated budgets and plans for emergencies such as this one. which in turn will result in better management and prevention of overwhelming widespread. That is, if governments of any country at that point won't be too careless and complacent towards such problem.

To those countries that already flattened the curve, there are still chances of having second wave unlike to those countries that still haven't achieved to flatten the curve but rather increase more in positive cases. As long as the virus is still out there and the vaccine is not yet discovered, it is still alarming and dangerous for all of us.

Lockdown is still a must but to some countries particularly in US, people hate to stay at home even with the increasing positive cases in their area. If people will be stubborn to follow such rules and will force to go outside despite this pandemic, worse scenarios might happen. Their health will be at risk and recovery will be very hard to achieve, to people as well as to the economy.

Maybe in your place there is already a flattening curv of covid 19 and that is good but ib my country it was opposite because of a new normal that implemented by the government  it was like going back to normal,a lot of people outside and the transportation are now resumed and many business establishment  are now open. For that new normal, the covid positive here in our country rapidly increased. I don't know when the flattening of the curve in our country. Our lives are getting worst  as the day goes by.

It is pretty much the same everywhere, because most countries share and implement each others covid decisions.
I think it was vital decision for economy, but pretty scary for people overall

We can avoid that so-called second wave if we continue to practice and adopt the new normal in which everyone is now learning from the pandemic. We don't need to crash the market back to nothing again as the pandemic hit surprisingly. If we care about today and in the future, we have to seriously follow the health protocols and what WHO had said. But if we are careless enough to bring back into our lifestyle before we have this pandemic, then to expect the 2nd wave will surely come. And the worst-case scenario is that we have left nothing and yet we aren't recovering that we can't able to sustain at that time.

In some countries the figures of positive cases are rising rapidly, and this is not the good sign. Also, many people have lost their jobs, or they have not received the pay for the period of the lock down. This really is a bad phase for the entire world and still the vaccine is not being found we may face more worst situation than this and longer it stretches more worst will hit the economy of the countries.

   Glowing10 this new rise of positive cases is a worst sign we could have. This is summer and experts said the virus will
gone with hot days, we now have the opposite situation, we have more cases now than in winter season. I don't know
what we can expect, but I don't see anything positive to happen in near future. Economy had a problem with the last
quarantine, now it looks like we will have even bigger problems.

This is what i have come to believe regarding the outbreak of this virus and its impact on businesses.
1. People have learnt ways to prevent the spread of this virus through the use of some measures such as wearing of mask and using alcolic sanitizers.
2. Government and other stakeholders of the economy have realized that digital technologies are the resort in times like this.

so, even if there is a spike of the virus again, people already have a way to tackle it. it just need to be strengthened.

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well, there are many conspiracy theories surrounding the covid-19 pandemic. one of such theories is that the virus will go as a result of hot weather condition. How does hot weather correlate with the flattening of the covid-19 pandemic curve? in times like this we should listen to science and not myths.

[moderator's note: consecutive posts merged]

The existence of Covid-19 pandemic have really brought up a lot of negative effects not just for the lives of many individuals but as well to the economic state of different countries worldwide. We are still into the battle against this pandemic for the curve of the number of infected individuals are still getting into a flat curve for there are still lots of cases being tallied in a daily basis which is really alarming on how this virus is spreading to many individuals.



With regards to businesses, many business establishments are now getting into operation but with lesser capacity of work force just to exhibit the social distancing measures to keep both workers and customers be safe from the spread of virus. It is what they do call the "new normal" set up just to slowly make the economy alive and let the people to return to their jobs because most individuals are in a no work no pay basis and having this new normal set up will let the countries to produce goods that are the necessities of people to keep them alive. But once the number of cases have risen up rapidly, for sure there would be a more strict community quarantine that will be implemented and will restrict the movements of the people specially the working individuals and it will affect the economy for sure.

The downfall of COVID-19 is already started, It is not going to hit again with that much strength as we have seen already. I have heard that people also donating blood? I think that is good we have more recoveries then the infected people will fall.

For vaccine I do not think it is going to happen, It will stay and will only vanish when everyone gets infected and get recovered maybe. It is getting down already though.

TEX-LXRY

If the spread of covid-19 will spike once again, we can expect that worst things might happen once again such as economic crisis on which we are still not yet fully recovered since the economy is just still slowly opening up to somehow lift up the economic state from its continuous declination brought by the quarantine caused by this pandemic that pushes people to stay at home and closes business establishments for a temporary to permanent time .

For sure that once the covid-19 infection rate strikes up once again, there could be a lot more numbers of death poll to be stated and it is an awful truth that we must wish not to happen. As of the moment, there are countries that have claimed to be covid free on which there is no infectious rate that have been recorded for a span of time but still there are countries where the infectious rate is still rising so the global economy is still affected because of lack of man power working to have a production of goods and services needed to lift up the economy.

Good thing that the latest news of Russia's discovery of the very first covid-19 vaccine that has already finished the final stage trial lifts up our hopes that this pandemic will soon to come to its end.

in many countries, Curve is not flat at all. Maybe some places in Europe, Asia are flattening but many other places, like US, Brazil, the situation is very bad

If it is not solved soon (vaccine or something), media will stop talking about it. Otherwise global economy will collapse completely from no business activity and many people will die because of starvation (no money)

The curve is not going to flatten, until we have a working vaccine against the Coronavirus. Because many of the countries, where the lockdown was lifted are facing a second wave of infections now. Examples are the United States, India, Iran and Israel. So IMO, it is not going to get better unless the vaccine is available in the market. And unfortunately, the vaccine is still in trials and it may take at least 6 months more, to mass produce and distribute it to the general public.

I don't think that the Covid-19 curve was already flattened all over the world. Though some other countries had zero cases in several days, this doesn't mean that its getting better. Because based on the records, the positive cases of a lot of countries, especially in the USA became more higher each day.
As for my Country, the curve is really not flattened yet, and the positive cases are getting worst. But, in order to recover the dying economy, the Government need to loosen some restrictions as well as lifting up the community quarantines despite the high risks it would give to people.
In case another wave of covid-19 will strike us again, I guess we already know how to deal with such strange situation and so the Government too, in handling the country's economy. I just hope its not that worst so we won't suffer too much.

While you are making a point but chances are that you may not be correct. You see from the trends of the spread of this virus which started in Wuhan and spread accross the world, it hit countries like itlay and USA hard.

what surprise me was this; i watched yesterday on the news how the number of covid-19 infected people are rising in America.

How soon will this pandemic live the shores of the great country ;USA?

---

Well, that is well articulated and put forward. The thing is this if we claim we already know how to deal with covid-19, this question will rise in our mind.
how come is malaria still killing people? how come is cholera still killing people? how come is other diseases still killing people?

We all need to take care of our hiegene and do what we can do not to be affected. if we don't then the outcome of our action will be bad...

[moderator's note: consecutive posts merged]

It is not really a curve that would get flatten more like get more used to it by now type of situation. We are already at a level "we do lose fewer people every day" type of situation where people are used to losing people to covid and started to expect that is something expectable.

I think the point here is really that covid will become part of our life and since there is so many people infected everyday and very few dying, I think people will start to look at it like it is not a big deal anymore. Of course that is a wrong thing to think because it is still a very important thing but we are doing much better (maybe except USA) than we used to thanks to prevention like masks, but that does't mean that we should just go back to how things were and suddenly be better, that won't happen.

It is logically impossible to test every citizen and treat them and hence to say that the only solution is to test everyone and treat them is really impossible practically.

I think if only people take proper measures and operate their businesses and people who go to jobs are made to sanitize themselves and wear a permanent mask then the severity of this situation can be reduced to a large extent because it is not possible to close all the business and sit at home for an year as people will die of starvation already in such a long time.

I think the virus might spread even more viciously if right measures are not adopted in the required time frame.

That is absolutely true but I heard that antibodies are developed from patients that recover from corona virus and those are vital for the survival and though a recent news said that those anti-bodies can only safeguard you for a couple months only but at least you are safe during that time.

The biggest problem is if you life the lockdown you will have the hike in the corona patients while if you implement lockdown the majority of the poor population will suffer and suffocate with no work and no money to survive. I think a smart decision is required here which might be like lockdown certain parts of the country or city and allow some parts to operate and then do vice-versa.

From the medical side, lockdown provides a good opportunity to prevent the virus from spreading, but from an economic standpoint, this is very difficult, many companies are complaining because their income is declining, even many are laying off employees, really a difficult situation right?
That is why most governments apply new normal. Adapt new normal by implementing strict health protocols, wearing masks, gloves, physical distancing, etc. This will have a good effect if people and countries work together to obey the rules, otherwise, COVID 19 will spread even more.
Remember, new normal does not mean we are free to do anything, we must really realize this. Let's follow the health protocol well if there is no important need then stay at home.

During the pandemic outbreak, most of the country and their economy are falling right now because some of the business are close just temporarily because they want to avoid this kind of virus but still by the time goes by after almost two to three months one of the problems of the people today is the money because they want to the economy back they need to open up their businesses again but still some of the countries right now are going to be COVID free which is a piece of good news recently there is an article release that one of the countries which are already a COVID free now is Thailand and one of the countries does not have the flattening the curve is the Philippines because they know right now are having the second wave of the pandemic outbreak which is not good news they need to make changes on their country to fight this outbreak that is destroying a lot of lives.

That's the only solution for now, in every approach or measures, it's always necessary that the prevention will come first than the cure.
However, some countries already have a high cases, but it's their fault as they don't take the covid-19 seriously during the early days, so they are suffering now, but despite of that, I am sure they'll be able to survive and correct the mistakes so the spread will be controlled and the economy will recover.

I don't know where you have read this, but number of positive cases is increasing day by day. Look at the USA, they are reaching every day a new ATH...
In Belgium, where I live, number of cases is also again going up slightly.
I think the only way forward will be a vaccine, but this will take a while.

I agree with you that without adequate vaccines the virus can never be completely controlled Most of the countries in the world are trying to develop a vaccine to cure the virus but so far no one has been able to reap the benefits. However Russia has begun to develop new vaccines No one knows exactly how long it will take to make it Without the vaccine the virus has receded somewhat but is re-emerging.

While many has being tested the numbers of cases are really increasing, the more test to be process the numbers of possible infected
patients to count in.

That's really possible, there are more cases that being reported and without any vaccine to use it will continue to spread out.

It will indeed, the time table for the availabilities of vaccine is still unknown.

It would flatten more so in the U.S. if people would just start wearing their damn masks and practice social distancing. Nobody likes to wear these masks or to be "told what to do".  I don't like living this way either.  Just go with what science says, it's that simple.

Many negative impacts occur due to COVID-19, and fortunately COVID-19 curve is flattening. So economic recovery is possible,
slowly offices and businesses reopened. It is expected that the economy can rise, but if there is a surge in COVID-19 again.
The global economy will be increasingly destroyed, could cause hunger and poverty everywhere. We really have to do something
so that the COVID-19 spike does not happen again, for example by running a health protocol.

Some developing countries were not able to go for a lockdown, some of them kept doing their businesses despite that there is a spread of the Covid-19. This is what happens there is a lack of support from the government. This is the same thing with developed countries now, everyone is going to their business, we can’t stay indoors forever or our economy will be dead before we know it.

So, there is really nothing to do apart from wearing our masks and trying to stay clear from the virus while we do our jobs by maintain a distance from people. Today another exciting new about covid19 vaccine is, Russia is going to release their vaccine by August 10th to 12th. They believe it will get ready by that time. So, it seems the actual time for covid19 curve to fall down.

after every fall there is always a stand up,so basically the economy will recover then question is How long will it take to make the recovery process finally happen?
anyway we are here to wait and look what possibilities may occur in sooner time.
Offices are opening but fulling other employees as cutting the cost,so this is not really helping the economy instead it only proves the world is falling now.
If people don't go with the government now?for sure another surging of Covid19 will happen and this time it will be very destructive and damage the world.

In my opinion,I don't want Covid-19 will  come again in a dream too.Already create a massive losses of people,economy and many more things.Such a horrible situation we are all going through.In my country it has poor economy  even 2008.Now a days this pandemic takes too long time . people are in dangerous situation going through month to month .They are moving one city to another for their lives and livelihood .Increased  the rate of jobless,homeless,uneducated.But the peeked of light give us the good news. vaccine will be come soon.

Now a month and a half latter we see that curve did not really started flattering at end of June. It seems it is flattering now in start of August. We are having about 250k new infected a day and it does not look like there will be more in upcoming weeks. Back in 23th June there were almost half less daily infected.

actually the curva does not guarantee the existence of data that can be accurate, because sampling in some countries may be uneven because the presence of swab devices is not yet fully available easily or the results obtained are quite long because laboratory tests are still rare. individuals can not do their own test results because they are expensive, other than carried out by state institutions that do have these facilities. if the test is quite evenly distributed then there will definitely be a worrying surge.

what is feared at the moment is a subsequent pandemic or it can be called a second stage pandemic. obviously there will be more going on and the already difficult situation of the country due to the concentration of this problem will increase again. not yet the funds that have to be spent will increase which must be distributed as assistance to those directly affected by their daily needs.
but the state cannot receive the proceeds from the community tax because factories and many businesses that have been contributing funds from taxes cannot be operational.
then it is not an alternative if it is prolonged so many countries will ask for help from countries whose economies are still surviving or from the IMF to be able to provide debt.

there is no other way that vaccines and drugs must be obtained immediately to immediately break the chain of prolonged transmission. because so far what has been done is to reduce direct contact from the sick to the healthy so that transmission does not occur, not to cut off transmission.
because all forms of handling so far, such as keeping distance, wearing masks, not gathering and staying at home have been done and do not make transmission stop.
the good news is that a vaccine has been found and is already in clinical stages in humans so that if it is successful and there are no side effects it can be used and reproduced.

I dont know if this one would be effective but lets hope that it would be successful.

https://www.cnbc.com/2020/08/03/russia-gears-up-for-mass-vaccination-against-coronavirus.html
https://newsinfo.inquirer.net/1315348/russia-preparing-mass-vaccination-against-coronavirus-for-october

we are all hoping for this thing.

If you look at the new infection around the globe, three countries contribute to the new infections and those are Brazil, US and India and they combine hundred and fifty thousand patients on a daily basis but the rest of the countries have almost controlled the spread, that being said we have no idea what the future holds and whether there will be spikes, vaccine is the only solution and it will take time until then we need adjust our life around the virus.

I am amazed at Dr. Fauci's skepticism. In my opinion, we are not waiting to be the first country to achieve a cure against covid19, humanity needs a cure as soon as possible. At this level, all tests and results of possible vaccines must be supported by global public health. There should be no improvisation, much less now. We know that we depend on science and the best scientists who are working hard against the clock.

That's actually good. That just shows that your country's economy is now slowly recovering. Here in our place, same thing is also happening. Almost all businesses are now open but of course, safety protocols must be strictly implemented and followed. However, our country's capital city is back to community quarantine for two weeks thus, some businesses were forced to close again. I hope that that implementation will help in the reduction of the positive cases in our country.

Yes when is pandemic you need to look all countries. In a month maybe this 3 countries will have little new cases and 3 other countries will have a lot. But what matters is number of all newly infected and if it will not go over 300k then we flattered the curve. We the Earthlings together.

How i wish to have that kind if people in the community who are willing to follow the rules of the government. But sadly humanity is too stubborn. I really admire the taiwanese people cause they are the first country that defeat that virus and now look at them they're a covid free country. I salute to the taiwanese people and to their government.

In our country the situation is getting worse, the infected each day are increasing big time compared to before. Its because of lack of discipline, many stubborn citizens are not cooperating and cant stay at home, didnt wear face mask and no social distancing. If there's no vaccine were made then I think the situation wont change. Currently we are put to lockdown again to control the infected of virus, the government is hoping it can flatten the curve.

I agree that the situation is getting worse and they can't handle the increase of the COVID-19 cases per day. But I don't think that it's good to blame those citizens because they're the victim on this. How can we say that they're aren't really following the protocols if there are fines for disobeying it. Citizens are the one who's affected a lot and those who're in the position can't even feel the suffering of the people. So the statements of other people are true, lifting ECQ to GCQ without proper plan is an action of the government to have a reason for being incompetent.

As the vaccine is still far from the horizon and may be available at the end of this year, we still have about 5 months to look out for ourselves and be extra careful with our surroundings. Experts say that there are various mutations of this virus, so lack of discipline among people will really make the situation worse. Right now, what we can do is stay at home as much as possible and if we are outside, you need to be vigilant with your surroundings and use face masks/face shield and exercise social distancing at all times.

The curve is far way to go to be flattened. Everyday my country is dealing more and more positive cases and its getting worst now. The health department are getting tired and almost give up, because a lot of people here did not follow the safety protocol especially when the Government started to loosen up the community quarantines. It seems that the people already forgot that the virus is still here.
What if the virus will spike again at its very worse? Or what if we might experience a second wave? I can't figure out what will happen next to us. Probably, the starving people will increase and the health system and the economy will totally drop down.

Meanwhile in our country, the death and COVID-19 cases are increasing daily and people right now are panicking. Im thinking that this COVID-19 will gonna destroy our country.
Same, the government can't even handle it anymore and just blaming the citizens. There are many task force and police every corner of the city during quarantine so I wonder why they keep saying that people are not listening to orders.

Not all COVID-19 countries curve is flattening, some countries have even increased. This all depends on how COVID-19 is handled
in every country. Because some countries have been forced to open quarantine so that the economy will recover, but on the other
hand it causes increase in the number of positive cases. This is indeed a concern, but the reality is that the number of countries
with the COVID-19 curve is increasing quite a lot. So the discipline and awareness to comply with the COVID-19 prevention health
protocol must be further improved.

Two days before Russia again announced that they are at the final stage of their vaccination testing process and soon the mass production will begin in their country, but many countries along with WHO advised them to follow all the protocols in the testing process or it could create the  new problem if there is some issue on the vaccination given to the people after a while.Hope the end for this covid 19 is getting nearer.

The number of new cases in the Philippines is increasing day by day and some municipalities are getting strict with their boundaries and implementing a longer curfew hour to limit people from moving from places to places. I guess the situation here in our country will get out of hand if people will not do their part to avoid the spread of the virus. Our country cannot afford another total lockdown because our economy is bound to collapse.

Not necessarily. You can get a vaccine out early next year with mass production within the first few months of 2021. Whether or not the entire population gets infected by coronavirus is another discussion. Sweden already has herd immunity and their economy didn't take a large hit. The U.S. can't decide between social distancing/lock down and herd immunity so they're stuck in the middle.

It is unknown at this time what he will do after leaving the post. Most countries in the world have failed to invent vaccines. The crisis has eased somewhat but is re-emerging. No one can flatten it until the vaccine is available. However, no one is already afraid of the virus infection. Everyone is going back to their own way. The government's crackdown has been lifted in many places. Everything in the business trade has been revived.

The economy of most countries are already functioning it's needed the government choose that risk as they can't fed their
people who loses jobs, nowadays most people are no longer afraid they needed to survived and even the vaccine is not yet presented
they chooses to live, there's no intact data that will tells that the situation is really flattened.

In my country and particularly in our place cases are spiking compared to past records so unfortunately there’s a continuing count of infected and deaths. Governments really have no choices on what to save first wether the people or the economy, what they did is opened some essential businesses and at the same time didn’t set aside the safety of the public which is practically the new normal. Its sad at the same time because the government can’t feed its people anymore and millions are still jobless in different parts of the country.

Almost 150 teams from different country are developing a vaccine now, there is hope, and doctors said that we should be excited. Some test are in Phase 3 now. Means they are testing the vaccine to people now, thousands of people try it already. They are testing if it can protect different people for a long time. I think one of these vaccines could succeed. We should be hopeful however, we should still prioritize taking precaution to avoid the virus now.

 Six COVID-19 vaccine candidates, including 3 from China, now in phase-3 trials — WHO  (https://mb.com.ph/2020/08/07/six-covid-19-vaccine-candidates-including-3-from-china-now-in-phase-3-trials-who/)

This is the reality that the government cannot feed it's people that's why some are begging for food to eat and some starved to death. Even the infected of this virus in our country is not flattening the curve rather it increasing so people are still going out to find job that may sustain the needs of their family because of no choice and no government helping them. That's the option of the government that at least some businesses could open, however, only vaccine could stop this pandemic so we can go back to normal things that we do.

Yes, personally and globally covid has damages men life as well as economy of a country but there is no chance to spread of Covid 19 again because of vaccine. Different countries vaccine now are in final stage and we can hope for vaccine at the end of the year. So there is also no chance to damage economy again globally. But i think this is a learning for people that in future like Covid more pandemic may come as we damaging nature so we have to prepare for all things and hole world now will think alternative way that they did not in past.

thanks.