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The big economy Boom and Prosperity Coming.
There will be a lot new Capital in world.
Right now in australia There is crisis... But soon it will be over coz australia will Give out huge loans like USA and uk did.
We will see all Around the World that Kind of economy booming that we never seen Before!!


If you Don't get Rich now you will stay poor all your life!! 
And cryptocurrency boggest bull run will go Wild

There will be a lot of new debt created in the world.

https://www.usdebtclock.org/world-debt-clock.html

You're welcome.

I don't think "prosperity" would be the right word but "temporarily". Diluting more money into the market could further worsen the economic situation that we have. There are a lot of people getting loans because they need to but the economy is still going to be the same, it's the people who are going to pay it back and as much as you want to see the positive side, the future for the people seems blurry.

So I think the question is, did they just print more money to handle the loans? More cashflow but there would be a higher rate of inflation for that.

Of course they are printing more money. We are in a non-stop-create-money-out-of-thin-air economy.

With the pandemic even more so.

Did you mean that it will make the poor countries even poorer?

I understand that the situation now is not good, but good for countries with good reserve as they can extend loans to countries who really needed it and they might give an interest that is higher than normal due to the situation.

Our country are already in trouble, we have big loans due to this crisis, but I believe this pandemic will be over soon and our country will recover, even if we have to pay the loans through our taxes, this is just temporary man because nothing is permanent in this world.

A country will prosper not only because they extend loans, but because all industries are contributing to the improvement of the country.

If there is going to be any sort of wealth distribution after the present crisis, it is first going to be most influenced by the US-China tectonic plates shifting. With every passing day, USA is showing its capacity to continue down the self-destructive spiral. The ship has a drunk orange chimp on the rudder who doesn't seem to be able to decide whether he should worry about the country or his own hold on power. The democratic leadership looks as uninspired as the sold-out republicans.

Contrast this with the pretty solid and authoritative handling by China. It made some initial noises to show its intentions. The world responded so they have taken a step back, for now. Yet, they have nothing to worry about. With the West divided along its fault lines, i think the companies that benefit will mostly be Chinese. They have a robust domestic market and much of the world is still dependent on them for manufacturing. So, yeah, the wealth is coming but not into the coffers of the usual suspects.

Or it could be the other way around?
The rich becomes ridiculously more richer than we could ever imagine, and the poor stays poor or worse become more poorer than ever.
I don't understand why giving out massive loans are beneficial to the economy when most of the countries right now are spending billions of dollars and sacrificing a lot of businesses to fight the pandemic.

Im sharing my conspiracy theory about Covid19; this pandemic has been planned to destroy the economy, this is the biggest global business of the elites.

Economy works by circles everybody knows that!

most of the money will be given out to business owners who will spend a money buying goods and services and paying to workers.
everybody will start more spending more money it the world people can travel more invest more sure it will make economy to going up.
but same time the inflation will go high the prices will rise and people must work more to maintain the good living standard.
i can think the example would be the norway yes there is a lot wealth and good salary but the living expenses are highest.
for every good there is something bad only you as a person can sort out the best way to you you cant hope that goverment rules will be good for you only you can do it for yourself something to make better your life.
if you see that money printing and debt is going on ...you should have hedge like gold btc and real estate those prices are the ones what goes up when inflation is highest.
in my point of view i think if the goverment want to balance the situation they should rise up the taxes in my opinion it can hold the inflation rates stable if not low.
moST IMPORTANT IS you should be educated about the world principals economy and goverments...
you dont need to learn much of crap just learn the basic knowledge like:

what is inflation,what is the market circles, taxes, where the money come from and how the economy is influenced by money supply.

i think just to know that its good enough to be making moves what can be beneficial for you!

This.

The last couple decades have been defined by incredible gains in the financial markets, contrasted with overall stagnation in wages and rising costs of living. Investors get rich as average living standards decline.

The "restart" the Fed and other central banks are initiating is only accelerating that trend. They are making it nearly impossible to lose in the equity markets. The only catch? You need money in order to invest in them. :D

Everybody else loses.....

We will have a better life in the future, as long as we can trying to make money in many ways. And as we are now involved in the crypto, we can make a lot of money, especially if the market can get the bull run. If that is coming, we can see that the coin that we have can give us that big money, especially if we a lot of bitcoin. I hope that it will not take too long, so we can get rich and have a lot of money, and we will have a better life than today.

Congratulations on having a positive perception of what's happening around the world, but in reality, it's not like that, but countries are in economic crisis and in a dire situation their yearly budget and their saving s are all used up and third world countries are now in debt so they can sustain their falling economy, we like to be positive but a lot of bad thing are around us.

How do you sustain such growth? By continuing to exploit and let the world deteriorate? The sky and earth are decaying due to our activities and sin.
The world seems to believe that everything will eventually be alright. There are "revealed truths" that things(not just economy) will continue to worsen. Who will be right? GOD or the world? I am not on the World side & I will forever follow who is right in the future.
Currently preparing while many around me don't believe or agree that evil is coming.

Damn dude,are you smoking something weird?Too much optimism not backed by any logic and reason.
Do you think that loans are the financial panacea that's going to make everything perfect and everyone wealthy and happy? ;D
You live in a developed country like Australia,so you are kinda privileged.Try to live in some third world underdeveloped country and your views about the global economy will change.

Economic growth Specially in USA and uk..
Covid loans and their are Not small.

I was checking the numbers uk will inject into system extra 1 Bn.


Things are Going great as we have a lot of money the stock market will go Up... Btc will go Up Gold will go Up... Everything will be bullish!

Property Prices Going Up!

Its all Good news all Around the World!

Debt yes but who cares?  We all Know its Not Going to end Up well...  So That's Why its important to make your position Now that future You have money and Security When this all will collapse Again

Yes but Even there nowdays People have internet and They Can Invest in btc and Other markets.
And of They Don't have money just borrow the money Invest Get rich and u Don't need to pay Back just After You rich take lawyer or play with Laws or go abroad

Honestly I don't think you've got really any idea what you're talking about.  What makes you so optimistic?  The world is going through something none of us have ever seen in our lifetimes and it's destroying the economy slowly.  With millions laid off, millions soon to lose their homes ( remember at least in the U.S. tenants and those on a mortgage had gov " no eviction mandates"  protecting them that expires soon) , thousands of business large and small going under, non-stop gov debt spending, and an over-bought stock market ..all this with no covid-19 end or slow down in sight..I'm NOT optimistic.

Prosperity because of New loans? It won’t be easy, even the government will lend a ton of money to businesses they will still suffer in return because taxes might climb. Small and big companies shutdown and we’ll never know when the economy will rebound while the health threat is still there, rapid economic recovery is not a sure thing.

We are all affected by this crisis and if the conspiracy about rebooting is real, we will have to pay high to these loands we take today.


I'm still optimistic because it might not take long anymore that vaccine wil soon come. The japanese are already testing thier Covid vaccine. Its still in the first stage of its testing I guess. If they get to be successful, we're gonna be good to go as well.  The rich are still going ot be get richer, same as before.

life is like a game know the rules and play with the right rules.

This would fuel a greater recession and an even more greater economic problems in contradiction to what you're visualizing. More debt created = more instability in world economy = more fun for the world (jk). But an economic reboot would still be unlikely until a full-blown recession is really on the horizon. Governments will keep on giving helicopter money until it can't no more and everything crashes. There's really nothing to be optimistic on here if the world would experience yet another economic meltdown.

I don't see it coming, everyone is suffering because of this pandemic, and I doubt that this so called stimulus package will be the catalyst for an economic boom, on the contrary as others have said, it will just make it worse.


Right, but how can you get rich from the money coming from the government? There are no money for everyone, and it will just make the case for for the separation between the rich and the poor. And in this pandemic, it's either you become super rich by taking advantage of the situation or if your business leans toward those things that are necessary for survival or you become "special poor".

all im hoping is crisis will not get too big and btc will go up and other coins will go up too, thats all i hope !!

i dont mind crisis as long it doesnt disturb my life much !

   I am not optimistic about restart and coming prosperity! I believe it will be like it was and like it is, rich people will get more rich,
others will try to get rich, and some will succeed in that, many will not! Prosperity for all is not possible!


   Cryptoboss2020 for us who have some crypto-currencies there is more hope than for people who don't have it. This is for
individuals, I don't mind the crisis, but I am not disturbed financially by this, and I have some crypto-currencies. I am optimistic
about myself.

Hope you are aware that a debt based economy has its major flaws, you do not need to go that far, do you have any idea why the housing bubble collapsed the entire economy back in 2008, it is the direct impact of debt based economy where the banks were giving out huge loans and i don't need to explain further what happens after that. In short it is not an economic boom rather the government is trying to hold a sinking economy by pumping cash.

Overcoming the economic crisis by giving out huge loans is not a wise choice to do, it will only solve in the short term.
Because in the future there will be a lot of new debt due to providing huge loans, that way will not bring prosperity.
Actually, the best solution to overcome this economic crisis is to actively seek a lot of income, make yourself rich.
And cryptocurrency can be one way to make a lot of money, with the bull market as it should be easy to make profit.

Well this Economic circle Can least 5-10 Years then its a problem until 10 Years I Think will be Fine.
Will be interesting to see what will happend Next


Or anyone Think that Economic circle will collapse faster??  
I Don't Think so as longes They keep money printers on and supply world with money!


But Yes with all this money... We will be like times ...  a lot prosperity investments
Construction new buildings coming...
Stock market bullish... Btc will go at least Some 100k+...
Ethereum will go bullish..
Gold Price will go Up... 
A lot money in system Everybody start More spending I see Everything to go Up.

Words are really powerful, hope that it may happen. Right now, we are all happy when we survive in everyday lives. Most of us have no works because of the lockdown while some of us have problems in everyday food that our family needs. Every countries are suffering from a great depression. Because of COVID-19 pandemic, our lives become abnormal. Many people are dying and many people are losing their hopes.

As a young crypto enthusiast, I am always optimistic that crypto will become the mainstream in the future. I know that we can surpass every problem and crisis that we are encountering right now. And I wish that all of us here becomes successful.

We should not worry about the situations because I am sure that we will see new hope that will come to us, even if Covid-19 still be with us. This pandemic will not last forever, and we will have a chance to see the pandemic will end soon. We need to surpass every problem in our life by doing something that can help us to stay survive. I am also optimistic that the pandemic will end because the scientist almost found the right vaccine to help the infection people. So we need to survive.

This is not something new but just a pattern-there is a bullish growth that is covered by the global crisis and sheds excess weight after which the "era" begins again (10-15 years) of another bullish growth and so on in a circle. This is nothing new so words like "If you Don't get Rich now you will stay poor all your life!!"they sound too loud. In the noughties, I think they said that too, and after the 2008 crisis, they said it even louder - but I don't see trillions of homeless people after all these markets drops

The 2008 crisis was directly related to homes foreclosure, the next crisis will probably not affect much real estate (apart from severe drops in certain places). People might not be expelled from their houses, but it is likely that we'll see an increase in misery (alcohol consumption/violence/drug abuse/etc).

dont say that to newbies as they may take it out of context. getting rich out of crypto. not all users have the capability and skills to make it big in crypto.
 you can only get good money if you have good business, stable job, real estate properties and the likes. but businesses are struggling in this crisis. online gambling casinos is one of the businesses that i know of that are still in operations. so they are one of the fortunate ones that are still earning despite of lockdown everywhere. it will take time for everyone to recover from this crisis.

A lot of things are happening, I am not being pessimistic, just based on what is happening.

There are a lot of economies going down because of the pandemic, not just that bit there are a lot of things that are also happening for example that Beirut explosion and as long as we still don't have that vaccine, there will still negative effects on the economies of the country.

Yes the real business and real Economy Going Down.... But not speculation like btc stocks and Financial.... All this Investment Financial and speculation section will go Up.


But im not in real Economic field im in speculation field Financial btc invedtments speculation
.. The real one Don't matter if the Private small business owners Can't keep run their business then the Solution to government will take over the business.

A lot of countries have learned from subprime mortgages and will be more careful, even if America doesn't want it to happen again. Even Americans realize that without the guarantee of gold, even dollars can be very weak. Therefore, to avoid the 2008 crisis from recurring, the United States used several simulations including increasing its national gold reserves and also some information saying that the US would try to increase the price of gold so that it was commensurate with the dollar amount in circulation.

If the recession cannot be stopped in Q3 then many countries must prepare for potential depression. Reduced demand means decreased purchasing power due to the absence of income. Hope that chaos does not result from hungry stomachs.

What recession you are talking about?   
the banks are printing money with money we can buy food and live good yes inflation will be hard the money purache power will be weak but then its just means people need to more work to keep up with the inflation.

if we have more money in circlation the consumers can buy more goods more services so the factories can start produce more goods...china can sell now even more everybody have more money and can buy more.

Recession means when no money in circlelation anymore!

We wish that things get back to normal and everybody returns wot heir businesses and jobs. There has being a major hit to everyone in the world due to pandemic situation and millions of people are struggling to survive this phase due to no work, no food to eat or various other issues which different from each individual. Hope the sooner things become normal better for all to regain prosperity back.

They just create more debt for the people which means people will be still poor and they are end up paying loans all of their life which isn't real recovery to the people but for government they can as long as they are printing less money. But remember where you are going to invest the money and concentrate on the market which is going to be developed in the upcoming years not the one which is trending now.

yes the wealth gap between rich and poor will be bigger,world will fall in more depression ...but i guess then the regime will be changed...will be more like socia democratic regime and higher taxes for the rich.

this is what i think all this will lead us

Recession I mean, is the economic downturn caused by a pandemic.

Printing money is indeed something that is allowed and is not a mistake as long as the purpose of printing money is for the real sector and independent productive industries. It will be a disaster if printing money is used to stimulate direct cash assistance, to pay off foreign debts, or for imports. Especially if printing money to create demand by providing direct cash assistance so that consumption rises without being followed by an increase in the manufacturing industry, it will cause further congestion. If a country's manufacturing production drops to more than 50%, even though it is poured by money, how can it be bought and how is the mechanism of pouring out money to be right on target.

Only because we can't survive if we choose the long term solution, more and more people will suffer not just the economy. Look at the world bank, they are giving loans worth trillions for any country because that's what will make the problem to solve for now, and not just the world bank any fund organization are giving out loans because of the crisis that we are experiencing, the pandemic. Countries that are in debt has left with no choice, economy is going down, unemployment rate is increasing and so they did, especially third world countries like where I am living, thankfully some country do have trust on our economic growth for the past year and granted our loan request.

"Make yourself rich" " cryptocurrency " naah , instead of relying to cryptocurrency to get rich why not go outside and be wise with having a business, you can't just enter crypto trading because it is trading, remember 90% of traders lose every day, and that;s not impossible for you to get the same fate of that 90% people in trading. Quit that mindset, yes you can get rich with crypto but that's not what a proper man do.

recession is not caused by pandemic,there was not enough cash in circelation even before the pandemic,
recession is happening when rich have collected most of the money and holding it at the end of the bull markets economic boom.


life is just game of monopoly and everything is just about money money and nothing else.
everyhting else is just a smoke mirror but money is where our attention should be.


its wrong to think that money is just for exchanging for goods and services.....nahhh... money is dictating goverments markets and everything.
if everybody can undestood this things then it would be harder to be rich and if everybody is smart then only solution will be war



when u cant take nice way you will use bad way.....but nowdays war is not needed !!!
not needed 90% of population is dumb as lamb ....even educated ones are so dumb so war is not needed anymore no competation you can do what ever you want and you can be who you want coz only few smart people in the world is left.

We keep watching what the fcking Fat bigs do it and we do the Same fck them

There will be no prosperity and big boom economy by providing huge loans, which the USA and UK do is wrong with do that.
Hopefully Australia changes its mind and doesn't provide huge loans. There are much better ways to overcome the economic
crisis that is happening everywhere. One of them is the government providing stimulus assistance to agriculture, plantation
and livestock sector. Because that sector is more needed in a situation like now, it could be with the government legalizing
cryptocurrency. Will allow a lot of people to make money from cryptocurrency.

Right now nothing is going to happen as you are saying because most of countries still waiting for update about Covid19 and Vaccine which is not coming in near future and until this all is just like a dream right now we are losing more jobs and poor peoples suffering very badly due to this all some big economies are in worst situation and trying to settle things which is not easy for them in short term because its all still under threat from this Corona.

The money printing is addiction we are addicted
And Australia will print soon too!!  
By money printing there will be debt... But They Can direct the whole world debt... Into some Country...  Last time it was greece Where They let europe bubble pop little...

If we have choise to make all world suffer or choose some countries... And some nations then off Course the leading countries will make Other nations and countries suffering.  

If there would be stop on debt and no More money printing it will be painful...  And its gone too far it Can Not be stopped.  

Rich places like London will do well  Nice cars Good houses Good Financial jobs Nice salaries Even More wealth....  They will do all Right no matter If debt or Not.


If we see the situation is Bad but someone have extra Good..
 Then we should watch what They do it and do the Same instead of Complaining Here.


They buy Low and sell high simple!!

People losing jobs Don't mean Nothing I care If stocks btc and Gold Going Up

All I care is we have bulll market or Not!! 

Amen to that!
But honestly, I really doubt it for my country. Because we only have limited resources and as we battle this war of the unknown, our Government lent a huge amount of money from the world bank just to aid the people, but still it isn't enough. You can still see a lot of starving people anywhere. Why? Because of severe corruption. However, I still claim it over and over that we will all be blessed despite this crisis that we are facing. And to make it true, I did worked so hard here in cryptoworld to earn bitcoins and I do believe we will all prosper here. Keep the faith 💕

Because your own Country stealing this aiding money!!

Simple!!

I think people will still be uncertain deapite the vaccine being made.

This pandemic and other things that happened did not just hit us physically, or economically, it also hit us emotionally. It may go back to normal but that would leave a scar to people and we could spot that to the economies of the country. This will take years to heal, especially the economy.

People are mistaking money printing to something that gives you all a lot of money. First of all money will not be dropped off airplanes to everyone so that you get some. Or in many cases you are not even getting 50% of the money that is printed as the WHOLE POPULATION, you know who gets it? Few CEO's and their corporations that will give those CEO's bonuses. Yes that is right, they are getting more than 50% of it.

If tens of millions of people are unemployed, how about we give those people the money and not the companies that fired them? After all if they fired all that many people, they must be profiting right now, if not then maybe they should bankrupt, because after all with the money given to those people we are talking about actually keeping the unemployed over a starvation salary and actually working.

if you are poor and dont like this? what you do? going to shop steal some food?  then you getting arrested...
not much options just suffering

I believe this as well, the markets are being manipulated by printing so much money that it is difficult to even understand it, as we know the economy moves in cycles and after the crisis of 2008 we have had some prosperity for more than a decade, but that prosperity was nothing but an illusion and the pandemic brought that to light and now governments want to hide that but to me it seems to be too late to do it which means that the next crisis that is coming will be devastating not only for the middle class but for all of those that are rich on paper assets.

Can you explain what this new debt can cause? I keep hearing that the world as we know it is going to come to an end, thanks to recessions and whatnot caused by debt, but I wonder what looking at boggingly large numbers helps in terms of, how can I tell if we're getting closer to that just by the chart? Or better yet, can it tell if we're moving away from such tragedy?

Already all the indicators went up and the world began to accelerate again even more than before. All stocks and quotes have already broken through the January indicators and are not going to stop - even those companies that fell before the pandemic are grwoing now. So now its time before the next " eternal growth"

Its time for prosperity Everything will go Up.
Reason coz we will have More money in world then Ever Before!


Enjoy the Ride!!

If a recession occurs, it means that the economy is sluggish and a budget deficit is bound to occur. To cover the budget deficit, the government took a policy of issuing debt securities and seeking loans. Second, because many countries depend on the dollar when America issues a quantitive tightening policy, the interest rate will be used as a tool to attract dollars back to America, with a stronger dollar, a country's debt will increase in value and require more effort and money to pay for it.


Many countries experienced economic downturns in Q1 and Q2 which means officially entering into a recession. It means we have to get ready that the conditions will get harder in the future. However, the negative figure for economic growth is the average, so that not all growth sectors are negative, some are positive like the agricultural sector.

Each country faces difficult times with its own version. For Singapore, which was originally wealthy, recessions with large numbers were not that difficult, but for countries like Indonesia and the Philippines, recessions that were small in number could be deadly. How it affects poor countries that have debts or coupons due to be paid.

Russia is going to register their vaccine on Aug 12 and they are going to be the first if they really do it and people will be having corona vaccine in the month of october itself in Russia, but its like they are going to mass produce a vaccine which doesn't follow the normal protocols of a vaccine.

I think they are already sure that the vaccine is effective, and I also believe that the vaccine is needed so they fast track the process, besides, it's their people and as long as everyone agrees, they can test the vaccine.

In fact, our country will try the vaccine as our cases is also serious, so I'm hoping for the best so that we can start all over again.

Duterte takes Russia's offer of COVID vaccine after asking China (https://asia.nikkei.com/Politics/International-relations/Duterte-takes-Russia-s-offer-of-COVID-vaccine-after-asking-China)

I'm really afraid that debt and loans will hit crypto market as well, and all signs tells me that its only a matter of time before there will be a giant debt bubble inside of crypto market.
What a scary time we live in - we all pretend all good until everything will blowup

There are a lot of opportunity everywhere when you are aware and you are searching for it. Also if you have skills, you can apply and work harder for you to earn money that you want. Sometimes if the government is willing to support and help its people survive this pandemic, then it is good. But most of the time, being independent is much more good because it will make you become tougher when reality of life hits you.

They are lucky because they have loans from their government and can start a new life but that's not always applicable to all countries. There are still governments who are corrupt and they don't think of its community's situation. So I don't see it that prosperity is coming to all of us.

Vaccine is more important than anything but we need to make sue that we are really giving the right vaccine and it doesn't have any side effects also important though, what is corona vaccine creates a deadly side effects? the whole country will be struggling and the numbers will be more than the corona cases as well that is why there is a safety protocol for testing purpose and that is why other countries are bit later since they are in the testing periods.

Wishing that it proves to be the saviours now for the world who has being going through one of the bad phases of our time and this vaccine helps to kill the virus and reaches to all the countries as quickly as possible to put the end of this. It has been already close to 6 months now where things have not been normal.

In my opinion,we don't need to be rich as long as we live happily and satisfied for what we have. I'm not telling you not to work to earn money but don't dream too much until you do bad things just to earn big and get rich. Still do things in a right way to earn and to have a prosperous life that you want. Our economy will not easily go back to normal after this pandemic.Government are now in debt and every sector of the government are down. We should move and think some strategy to earn money and not rely on the government subsidy,that's not enough to survive.

time fly fast and i didnt notice that we already strived for 6 months in this kind of situation  . if we achieved 6 months of fighting , we can also overcome many more months and years to come waiting for the cure .  things are already normal but only in a new way because we need to wear face shields , gloves , etc when we go out and schools , jobs and alike are also done inside or online.  i think economy already restarted also along with  .  i can also feel that prosperity is coming with the help of cryptos

It is still very early to speak about a period of prosperity for the economies of states and for the world economy as a whole. In fact, we have just begun to plunge into stagnation and devastation, which is associated with unprecedented measures to combat the spread of the coronavirus. Although the process has started, the response of economies is a little late. In addition, we expect a second wave of the spread of this coronavirus. Some countries are already celebrating its coming. So it's too early to rejoice. The period of overcoming the economic crisis will surely come. However, we do not yet know with what results we will approach this period.

Even if the vaccine was successfully registered it will take time for the mass production I expect we need another 6 months to vaccinate the whole world and the pricing will be a big factor in the current situation when most of the people are starving for food, they can't afford if the price for the vaccine will be a premium one.

Our country is so dependent with the vaccine.

Since the vaccine was made by Russia, our country is expecting to receive those vaccines next month. Saying that I also thought that it will be needing a lot of time but I guess since we already have the vaccine, it will be easy to reproduce it. What I am saying is that I don't think we should all be dependent on the vaccine since there are a lot of countries that proved we don't need vaccines to end the contamination of the virus in the country.

As long as a vaccine has not been found, I doubt that economy will restart the big boom, especially since prosperity is unlikely to come
in the near future. We have to think realistically about this problem, and give out huge loans is not a good idea in my opinion. Maybe the
economic crisis can be resolved, but only for the short-term. Whereas in the long term there will be new problems, such as debt everywhere,
there is high inflation and taxes will be higher too. This will make the people suffer and away from prosperity.

It is too early for us to be confident, I like your positive outlook but we must be realistic and let us not forget that this is a serious problem globally. Having a debt is not a basis of prosperity, it might solved the problem we faced of today but it's only temporary because in the future people may suffer. We are only starting to get up gradually because of our fall in the pandemic and we are too far for that prosperity you talking about. I'm sure this  crisis will going to an end, and the period of overcoming the economic crisis will come.

Vaccine holds the key where people will be freely to continue living the old lifestyle, even the government do the restart there's still fear from most of the people.


Giving loans to survive is a good idea but if the virus will continue and there's no available vaccines the money will be wasted along the way.


Totally. It will wrecked everyone's credits, long term solution is important, vaccine is the only answer.

I don't think that vaccine is solution for economies. I mean maybe it might be but we can't wait that long, economies all around the world don't have that time. It might take a while for safe and efficient vaccine to be found and meanwhile we need to find the way how to live with virus and restart and encourage economies become life needs to go on as normal as possibile, that is important for all of us. Although I don't think that big prosperity will come that soon and possibly economies all.around the world would need to change from the basis.

We need vaccines for sure to stop the covid 19 completely but now people knows that this is not going to affect them much if they are a healthy and its more like a common flu now.People are still getting infected and that is why governments are urging to find their vaccines and looking to save their economy.

Yeah, I don't know what OP is dancing all around on the bar stool for, because someone is going to have to pay for all of this free money eventually, and I don't get the sensation that we're at a huge party where $100 bills are being tossed to the crowd.  This crap actually frightens me.

But OP might be correct.  If you have enough capital to plunk down into your crypto exchange account or your stock brokerage, you might have a good chance at making some quick money--the markets look like they're starting to catch fire again, but I'm not sure how long that's going to last.  If interest rates start to rise, watch out.  Markets will start to calm down in a hurry, and we might even see a panic.

Exactly.  I know in the US everyone is excited about these stimulus checks and unemployment benefits, but those things are not free.  The politicians are just kicking that damn can down the road as energetically as if they were playing professional soccer.

That is not what I am saying.

There are a lot of countries that ended the contamination of the virus without the vaccine, one of the most popular country is New Zealand. They stopped it without vaccines, and the last week as far as I know one country even celebrated its 100th day without Covid-19 cases, and yeah, without the help of the vaccine.

it seems you are too sure of your prediction, I think there are still many more severe crises in the previous year such as the financial crisis in 2008 which caused the entire world finances to be completely paralyzed.
or the crisis that occurred in Asia in 1997 was no less terrible than the current crisis.
perhaps the economic spike resulting from the present increase will be higher because of the many investment means or types of assets developed than in the past.

party never stopped music will always play :)
usa is too big to fall :D

and it wount fall it will get bailed out over and over again.

usa is too important in the world to fall  there is facebook there is google apple and wall street :)
it will be huge loss for all over the world is something will happens with usa.
usa and russia both are just too important for world  china is also important.

europe is important but only few countries ....


countries wich are not so important there is poverty there is war...there chaos

usa russia china uk  and canada and are the most important countries in the world.

and off course resort countries like spain  monaco italy some part of it..are important.

im sure nothing will happens with usa usa will be greatest country in the world.

world global elite is not stupid they dont let fall they biggest resourceful countries!

It’s good that different sectors in the economy are starting to resume, it’s really going to help people. The rate of unemployment increased in almost every country in the world when the economy was closed, and these people couldn’t afford to feed their family, and it’s not just about that, the government themselves can’t afford to take care of all these people. Now that the economy is opening again, there will now be jobs again as time goes on, and people will start getting employed.

And as for the part of giving out loans to people, do you think that the government will be able to give out loans to every single individual that applies for the loans? There is a set limit of how much they will be bringing out to help pump the economy, and not every Business will be lucky enough to get their hands on that loan to boost their business. And I think the big companies will likely be favored more than the small ones, because they are already big enough and the government will believe that they will be right ones to invest the money in, since they will benefit from it more than the small ones.

The effects of all of this debt being accumulated cannot really be summarized in a post, however it is obvious that any new debt taken by the government weakens it and there are many countries that are reaching the limits as a great deal of debt was created in 2008 to solve the crisis, but the sad part is that they did not solve anything they just made the losses that were suffered by a few to become the losses of everyone, not only this was immoral they only delayed the inevitable which is a crisis even bigger than the one we saw in 2008.

I think all of this positive thinking comes from the fact that we had one of the weirdest periods in recent human history, not only the economy crashed which happens time to time so that is not a big deal, but basically people were all staying at home and almost all business' except a few was closed and nobody made any profit at all.

So, it is totally understandable that people wouldn't want to go out and spend money neither. However all of that is almost over now, the pandemic could be still around but it is not as bad as it used to be and that means people can go outside and work and spend and even go to cafes to have fun as well. Which is why I think it is quite important to be positive right now about the economy, how worse could it get right now? Obviously it should recover considering how bad it was few months ago.

Of all things that I do.not like are those close minded people that talk non sense and this ine belongs to the non sense people. I am trying to hold my ego to make a reply on this one but I think it is also better to make a reply sometimes. Being poor is not a problem but the problem are those judgemental person like this guy. Anyway, if econmy will prosper then all people living in that place will also experience prosperity along with the economies prosperity.

We don't get the truth out of the government, the suffering of the common people doesn't matter big. If some of the companies face a hard time, automatically the government helps with sanctioning funds. Maybe that is helpful in building the economy, but it keeps on weakening the common people. From my view the economic growth from the common people is the true growth of the country.

The government wants the big companies to sustain even if there is a crisis as it will help them economically and so is the reason you hear these big corporate getting huge rebates in tax and the government will fund them the loan they require as they know that it will help the economy rolling. The government cannot print out money for the poor as it will destabilize things but they are open to start a business and if you want to change your future you need to come up with a solution rather than waiting for someone else's mercy.

The magic word is SOON. When will that SOON happen :D.
Most of the countries right now are in debt because of what is happening globally.
Economy will prosper but  not now and not until next year for sure.

It will take 2-3 years for the economy to recover.

What the F?? Do you need to say this for real? Not rich = poor FFS.

Just like the Winklevoss Twins said that it will be crazy. Yours is just wild :D.

The thing about getting older and having more money, is the fact that older generations made enough money to buy houses and live a comfortable life with any sort of job, now almost everything is a conglomerate and they are paying people a tiny amount of money whereas small business can't continue to survive.

People think that amazon creates a ton of job, when you consider all the small business they caused to close down that means there would have been even more job created without amazon, or wallmart for that matter. So, that means the our generation might have enough money to retire decently, but until that point we are going to have difficult time to survive let alone live a good life, we are required to go smaller and smaller in life standard to reach that retirement ease compared to previous generations.

That is so true.

The government can't just print out money that would destroy them, the reason they are making new bills to tax everything for them to get back from the downs they received in their economies. Other countries are opening their main source of income that would make their economy stand again. People should also find a way to earn, and I can say that they can since a lot of people here in our country are starting to sell stuffs online to get some profits they can use.

I don’t get the sentence you made that if people don’t get rich now they will remain poor forever? ??? Mate, anybody can get rich at anytime, and moreover you’re saying this like government will be giving loan to every single individual, which is not true, people who are going to get loans are only those who own a business.

Moreover is not everyone that owns a business that’s going to get that loan, because the government brings out an amount of money that they are giving out as loan and they share it to some of the businesses. That’s how it works.

When it comes about crypto adopters and particularly bitcoin adopters, I guess the current economic slow down might be playing a vital role on deciding things like higher bitcoin prices will enable many people to think about retiring earlier than their actual plans. Anyhow, the current bitcoin's bull market is a scheduled one like it will be happening just after the every halving and all bitcoiners will be richer by at least ten fold by end of next year :).

Covid-19 has crotch so many economy in the world, some countries never recover from their lost during this pandemic, why some countries are using this Corona virus as a business to prosper in different countries of the world.

And that is because even if people are powerful they are so numerous they need to coordinate themselves in order to exercise that power, while those that are rich by being so few can coordinate themselves very easily and ask for all kind of favours and regulations that benefits them, as such most government do not really see the need to try to help the poor or the middle class but when the situation of a country reaches a breaking point in which you see millions of people protesting the decisions of the government that is when they begin to consider making a change but at that time it is too late to do anything.

This is one thing that no one is taking seriously and the second wave might be even more devastating than the first one given people are not taking as much measures as they used to take when the virus was new. People have got into a situation where they feel frustrated and the cold cash they had as savings is also evaporated in the recent times because jobs were cut down and everything was paused and now people need to work to feed themselves and hence the second wave might be a real trouble for everyone.

I feel like economies will restart slowly and everything will be good as long as we are alive we should be happy in tough times and thinking too much about economy is not the best thing one can do, just survive and help poor people around you to survive. Leave the economics to the government.

You're giving false example here that Australia will lend like others but do you know that they have been actively promoting crypto in their country already? And about crypto boom, yes I believe that we might see awesome days even better than 2017-18 period (and we're already seeing some superb returns with highly promising DeFi tokens which I'll now start to invest in after I do complete research because this is crypto and anything can happen here.

If anyone miss any chances of success in life, another one will come, it may not be as big as before or noticeable as opportunity but it will come. Cryptocurrency does not make everyone rich and also notice that most people make better decision with their second bullrun than the first. Third bullrun could be generational wealth. The opening of economy will be slow and there are very few fund that most people can invest in the space, next year when the economy is better only the daring can pick something from here

I don't think so, the prosperous economy should come from the actual production and circulation of goods, not from bitcoin speculation. I think when there is a vaccine to prevent COVID 19, everything will be stable again. The world is running out, they haven't worked in a while and they're just staying at home to use the money they have earned. It took 2-3 years for their life to become normal.
I think governments are going to keep printing money and trying to distribute it into society. Everyone will borrow money and continue to fail to pay it, the world will have more poor people only.

Unemployment could rise again in the near future, especially if there is a second and maybe even a third corona wave coming. Sure the vaccine will help but only if its available for everyone. I agree that the effects of corona will still be felt in the hex 2-3 years. People stopped consuming heavily in 2020 and held off on a lot of investments. All these should be coming back 2021 and the economies should be growing again.
But I am not sure if it will be really a boom or just a slow recovery. I think people got really scared how fast the hole world can change and by just printing money and giving it to the people it might not all be used for investments.

I believe that only individual sectors will recover very quickly. Especially the tech industry. The tourism industry will suffer from the crisis for many years to come. People will change their behavior. The virus is here and it will stay here for a while. And we don't know when the next virus will come. Countries that have a lot of tech companies will recover faster than countries that live mainly from tourism. Look at Thailand, for example. The country is dependent on tourism but has a ban on entry from the outside, which makes the people there slowly slide into poverty.

It can also additionally don't have anything to do with funding however it'll take a long term for the country's economic system to recover. The authorities will now no longer be capable of without difficulty cope with the harm brought on to the commercial status quo via way of means of the epidemic and the growth with inside the quantity of unemployed. With the development with inside the monetary sectors, the unemployment price needs to be reduced wherein case the economic system can prosper and it isn't always viable to make investments with inside the economic system till vaccines are available.

But they were able to do that because their population is way too small compared to other countries and not every country is hit by the corona virus to be the same extent so comparing a country to another is not viable option because every country have different trade partners across the borders and how brutally a country is hit by the virus depends on various aspects.

Economy will restart and there are most of the big companies that are still operating at maybe a slower but good pace so there is nothing too much to worry about. The most problematic the virus has been is to the small businesses and the local industries so they just need to hold during this time and try to avoid shutting down their industries while the government must offer some relief to them via taxes or something else.

New Zealand, including a country that has consistently responded to the Covid pandemic. Understanding that they have no experience in dealing with pandemics, they are imitating countries that have had brilliant achievements against Covid such as Taiwan, China and Vietnam. New Zealand's isolated location and relatively low population density have certainly helped contain the pandemic, but have little significance in the success of containing a pandemic. Precisely what is most important is the significant guidance exemplified by Asian countries that have successfully suppressed the pandemic through leadership, management and technology. A responsive, fast and firm response actually reduces the risk of a prolonged pandemic which will eventually spread to the economic, social and political sectors.

The economic conditions and impacts of a pandemic in each country vary depending on the initial conditions of the start of each country. Growth of minus 5.3% for developing countries may be deadly but the growth of minus 30% - 40% which is felt by developed countries as if it has no effect due to their good economic resilience.

Alright, but your closing sentence is what I did not understand one thing I do know for sure is that not everyone is going to get their hands on that loan. So, should we blame people that doesn’t get the loan, because they didn’t get the loan, when we all know for sure that the government brings amount they can give out as loans to Businesses and then give to those who are lucky? Not everyone is going to get this loan, it’s not going to be enough for every single businesses, no government can afford to give to every single individual or Business in their country.

Let’s take for example, they can bring out $1 million and share for every business, if it’s shared $100k, only ten people are going to get it.

people wont ignore loans especially if its been handed by them by the lenders . on this situation that people dont have money , they will not hesitate to accept the loan . not only governments can give a loan and not all governments are the same , there are governments that will prioritize normal individuals because those who have big business are already rich and can still live without loans but we must think wisely and dont do loans if you think you can sustain your daily living .

Because of this pandemic, majority of the third world country like ours, struggle even more.

It’s true that those countries with enough money in store for their nation offers to lend their wealth to other struggling countries who need it most. It may sound good because those poor countries will be able to fund their needs, however it would cost them a lot later on. Since there’s a specific due date for it to be paid and of course, it has an interest rate.

Poor countries will become poorer while rich countries will be richer. Poor countries will just eventually be trapped in billions of debts with high interest rates and those lenders would have more by then.

Unemployment is increasing and so are those people experiencing poverty. Only those upper class will feel and benefit from economic prosperity and will be unlikely visible to the middle class and lower class people.

Hopefully though, each countries economy will get better over time and soon recover form pandemic shock.

I think that people are so tired of the coronavirus that they simply do not want to think about the second wave anymore, as you say people are no longer taking the same precautions that we took at the beginning and I can see that in my community as well and if this continues I have no doubt that the second wave is going to be many times worse than the first wave, with the difference that now governments are not going to force people into a lockdown because that will destroy the economy for good.

not sure enough about bloom and prosperity, but still i hope with defi landing-based projects and credible dex projects the cryptospace will be healthy and transparent

He only talks about nonsense things and his writing style is phenomenally the same as yours. How strange!

If you guys truly want to prove anything to people, at least give us some number or statistics for better convincing. Good luck though

you might be interested in new stablecoin dex, xsigma.fi. they are backed by a public company and as far as i know have rewards for LPs

It is not cryptocurrency that will make you rich, it is you the one that will use it will be the one to make that happen. The opening of economy shouldn't be the problem of the individuals, it is the problem of the government, if they put that blame on you as an individual then you need to evaluate your decisions on who are you voting for during the elections. If you do not risk something to make a better life for yourself and loved ones then you do not deserve to prosper.

The global economy continues to deteriorate due to the impact of the coronavirus pandemic and unprecedented measures to combat it. Therefore, most likely, we can first survive the global economic crisis or simply a significant drop in economic growth in all states, and only after that prosperity is possible. Everything moves cyclically and in a spiral. The world economy also.

Probably it will happen partially but not accurate as your asserting. Because nothing is fixed and none volatile in the current world. Presumably, the world will shift very quickly to recover from this circumstance but it is not too susceptible to maintain effectively. To recover from this circumstance we require to get together all over the world and have to face these problems power, proficiency, patience, and intellect. :)

I wouldn't see it quite so negatively. Overall, the global pandemic cost significantly less economic output in 2020 than originally assumed and there are many signs - especially from China - that the recovery is coming faster than expected. Of course, the crisis may worsen further, but I think we passed the peak with the successful development of vaccine.

China's economic recovery is certainly a wonderful thing and a great sign, but let's not forget that the Chinese economy and national economies are different things, although they are interconnected due to the processes of globalization. China was much less affected by the pandemic, and in many countries, the service sector was severely affected due to knockdowns, which does not directly correlate with the success of the Chinese economy.

World may have going have a higher life within the future, as long as able to attempting to make money in numerous ways. And as we are presently included within the crypto, able to make a parcel of money, especially in case the showcase can get the Bull Run. In case that's coming, able to see that the coin that we have can deliver us that enormous cash, particularly in the event that we a parcel of bitcoin. I trust that it'll not take as well long, so able to get wealthy and have a parcel of cash, and we'll have distant much higher stronger life than nowadays.

Agree with you, but if the Chinese economy recovers, it will also be good for many industrialized nations that export a lot to China. And if the industrialized nations are doing well, then mostly the emerging countries will quickly recover again. It all depends on how quickly the vaccinations happen and how quickly people can consume and travel more again.

That "togetherness" would not be part of it.

There are a lot of people getting a lot of benefits from this situation. Those people are earning a lot of money and that also brings taxes to the government which also helps the country from the slump. Although, those poor people that can't do much during these times are having a hard time. It will be more about power and intellect.

2021 can be said to be a starting year to be able to start recovering the economy, I think all countries are preparing to restart their economies to recover, this will later be a revival of the entire world economy and will certainly make a big impact on crypto.

Positive thinker approach and positive activities lead to positive life,There are a part of opportunity all over after you are mindful and you're searching for it. Too in the event that you've got skills, you'll be able apply and work harder for you to win cash merely need. Now and then on the off chance that the government is willing to back and offer assistance its individuals survive this widespread, at that point it is nice. But most of the time, being autonomous is much more great since it'll make you ended up harder when reality of life hits you. They are fortunate since they have credits from their government and can begin a unused life but that's not continuously pertinent to all nations.

I hope that economic crisis in different countries mostly appeared because of lockdown and all that quarantine limitations. As soon as covid-19 hype will finish and people will have an opportunity to live with an ordinary life and loans will be paid, crisis will also slowly step back.