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Economy => Economics => Topic started by: Shagufta3 on November 21, 2020, 04:07:53 AM



Title: Is corona virus crisis changing economical equations around the world?
Post by: Shagufta3 on November 21, 2020, 04:07:53 AM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: jackg on November 21, 2020, 04:15:36 AM
Just like any other crisis. The least stable countries have their problems exacerbated when they're met with something they haven't dealt with before...

Enough countries have bounced back from rough term oil in the past (especially in parts of Europe) that I imagine most countries should be able to... The crash was always coming though. It shouldn't have been unexpected for governments to have to deal with.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Lorence.xD on November 21, 2020, 04:27:36 AM
In my country, it is evident that the political landscape did change a lot, more people saw my country's government for how shitty and corrupt it was, it even changed social landscape for individual as many saw who is a zealot for the government and that everything they do is right but I digress, more people hopefully find a better leader in our next election because of how our government are blatantly corrupt. Economical situation seems to not bother a lot although people are slowly getting back to their jobs but the unemployment rates are still the same.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Poker Player on November 21, 2020, 04:30:06 AM
I find what you ask a silly question.

Of course the biggest pandemic in 100 years has changed the economy around the world. Also, it is evident that some countries have managed their finances better than others during this pandemic, like they do as usual.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Findingnemo on November 21, 2020, 04:34:24 AM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?
  Almost every country is still in the danger of corona virus because we are under the attack of second wave but this time we didn't give much attention to it. Yes it changes the economical equation particularly the developing countries growth rate turned into the negative rate,the real consequences of covid 19 is yet to come.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Ludmilla_rose1995 on November 21, 2020, 04:45:16 AM
Just like any other crisis. The least stable countries have their problems exacerbated when they're met with something they haven't dealt with before...

Enough countries have bounced back from rough term oil in the past (especially in parts of Europe) that I imagine most countries should be able to... The crash was always coming though. It shouldn't have been unexpected for governments to have to deal with.
Every country has experienced a crisis before. but the crisis brought about by the current covid-19 pandemic is a little different from the previous crisis. because the current condition not only affects the country's economy but also affects the health and social sectors. In my opinion, SOE resource mobilization must be directed to help the country's economic resilience amid the Covid-19 crisis. SOE resource mobilization should be directed towards economic resilience, such as having more roles in maintaining food security, energy, and stability in the state budget.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Genemind on November 21, 2020, 05:53:16 AM
In my country, you can feel the impact of the pandemic. Some workers were forced a few weeks off without pay whenever there is a positive case in a company. Public transportation is limited due to curfew and strict compliance of social distancing, workers have to adjust and make a way to get to work. This is just on a small scale perspective, but then if you will look at it as a whole it affects everything as a whole.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: HabBear on November 21, 2020, 06:10:12 AM
You are from USA  I think......
In my country...hopefully find a better leader in our next election because of how our government are blatantly corrupt...

Doubtful. The American election was weeks ago.

A pandemic is one of the easiest ways to bring rebalancing to economies and governments...but don't expect it to happen over night. This is the moment in history that historians may point to 15-20 years from now as the moment in time when things started to change, for one direction or another.

There will be economic impacts and then there will be political impacts - economy will impact political policy.

Economic impacts span:
  • Change in buying behavior due to social lockdowns
  • Lost revenue due to stalled business activity from social lockdowns
  • Layoffs of people - which will result in further stalled business activity
  • Business failures, closures, restructuring
  • Fewer businesses open opportunities in markets for new business and innovation to rise to meet the new social habits and buying behavior

All of this could turn an economy upside down or sideways...and that drives the way the people support or deny their government. And that's when the politics change.

Political impact spans
  • Blame placed on the current political regime for the economic stress...often it isn't warranted because one person or one administration can't often influence the economy so significantly, but we're human and we have an emotional attraction to irrational logical associations
  • New leaders arise with the support of those blaming the existing administration
  • Political regime change due to extreme shift in voter sentiment
  • If the new leaders are as smart as they are inspiring, the propose truly new policies and plans to push the country forward...in an ideal scenario these policies promote innovation, new business, new research, and development...because it's these things that truly advance society

That's my take.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: ethereumhunter on November 21, 2020, 09:36:22 AM
I think so. The big change is we see a new normal in this pandemic, and the economic the political status in the country is also changed. But today, the government is still trying to work hard against the virus by founding the right vaccine for their people because that is the important thing that they need to do. The government also try to solve the other problem in their country, so we can be sure that they can do that.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Ridcan on November 21, 2020, 10:52:44 AM
There will be no change in top-tier countries.  Countries such as the USA, Russia and China will emerge from this situation without weakening.  However, we can talk about a certain change of rank between middle and backward countries.  Let's get rid of the pandemic and watch together :)


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Shagufta3 on November 21, 2020, 11:28:12 AM
There will be no change in top-tier countries.  Countries such as the USA, Russia and China will emerge from this situation without weakening.  However, we can talk about a certain change of rank between middle and backward countries.  Let's get rid of the pandemic and watch together :)
Yes, we are trapped in pandemic  :'(


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Lucius on November 21, 2020, 11:47:16 AM
There will be no change in top-tier countries.  Countries such as the USA, Russia and China will emerge from this situation without weakening.  However, we can talk about a certain change of rank between middle and backward countries.  Let's get rid of the pandemic and watch together :)

I would not agree that anyone will emerge from this crisis without consequences, they will only be more or less depending on the state of the country's economy before the pandemic, and the success of overcoming all the challenges facing the country in the fight against the virus. Of course, those countries that invest significant funds to protect their economies will recover sooner, as well as those that are self-sufficient in some essential resources. There is no doubt that poor third world countries will suffer the biggest blows, because the consequences of even a short-term lockdown have many more severe effects than in most developed countries.



Can this pandemic change economical and political status of countries?

I think this is inevitable, incompetent governments and politicians who showed their ignorance during this pandemic will lose the next election, and those countries that knew how to balance between preserving human health and preserving their own economy will do best in the long term.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Ayiranorea on November 21, 2020, 11:53:49 AM
Political parties into rule are experiencing pressure situation, because they don't know how to tackle the situation. Economic situation around the globe have changed. In my country job cuts are in the peak, and governments weren't able to manage the situation. Possibly the development of vaccine will be the regenerative asset for economic upliftment of the country.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: FanEagle on November 21, 2020, 11:58:30 AM
There could be few changes in few places but nothing major would ever get changed because of this. I believe that we are in a situation where world doesn't really need anything major to change right now neither.

Yeah, I agree that we had something huge like a pandemic that locked many nations down for weeks and even months and right now we are talking about another lockdown possibility in many nations as well, these are all understandable stuff, but at the end of the day we are talking about something that affected the whole world and not just some nations so I doubt anything major would happen. Sure some nations like USA didn't handled it very well, and some nations like Germany handled it very well but at the end of the day the difference wasn't that major to make any changes anywhere.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: mariah.sadio on November 21, 2020, 12:06:54 PM
As usual, weak countries will become weaker and some strong countries will become stronger


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: stadus on November 21, 2020, 01:30:23 PM
It will affect us if we can't find a solution for the covid-19.

I'm glad that some PFIZER has announce they have already a vaccine to kill the virus, hopefully this is true and hopefully it will launch soon.
https://www.pfizer.com/news/press-release/press-release-detail/pfizer-and-biontech-conclude-phase-3-study-covid-19-vaccine

This is the scenario, if bitcoin countries struggled, how much more the poor countries.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Chrystora123 on November 21, 2020, 01:51:17 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

This "PANDEMIC" affects the economic and political conditions in almost many countries.  we just take the US for example, where there are already many citizens who do not believe it at all, even many who come out just to "demonstrate" (when the black life matter demo & US elections) without thinking again about their possibility of contracting it.  and There are many countries experiencing a recession, that is more than enough to prove that COVID-19 is already affecting our lives..


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Dorodha on November 21, 2020, 02:11:12 PM
The Corona virus crisis around the world is changing the economic equation. All people are choosing alternative methods to get rid of this crisis. In spite of all this every time a negative outlook has broken the economy every time people have their backs to the wall, huge changes have taken place in the society. And that's how people turned around is civilization to turn around or stand up to walk hand in hand in this crisis. Several large private organizations of the country have come forward during this time of emergency. Political parties are united in resisting politics.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: sheenshane on November 21, 2020, 02:18:16 PM
IMO, both economic and political aspect was impacted by the pandemic, since lockdown was implemented in most areas in every country then some people lose their jobs and the buying routine started to change for everyone has started to be wiser on their spending and to mention.  Some businesses started to lessen their employees or worse closes the business at all which slows down the economic growth of a country.

Politically, it is obvious that changes may still be served if there are already actions made by the government which is directly different from the political norms regardless if it is a new or the same people that were elected by the citizens.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Josefjix on November 21, 2020, 02:20:33 PM
The only way to secure a stable economy currently with the widespread of Covid-19 is to find a lasting solution to its spread,  lockdown isn't enough though it helped in China, a vaccine to totally eliminate it would be great. Covid-19 affected production and distribution a lot the part of the economy that generates tax through these sectors might have been affected so it is very safe to say it does affect the economy.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: ethereumhunter on November 21, 2020, 03:03:35 PM
I think so. The big change is we see a new normal in this pandemic, and the economic the political status in the country is also changed. But today, the government is still trying to work hard against the virus by founding the right vaccine for their people because that is the important thing that they need to do. The government also try to solve the other problem in their country, so we can be sure that they can do that.
government is not seemed to try hard in india :'(

Be patient. Maybe they still focus on the virus and handle the infected people, so they seem to look slowly to handle the economy or else. It is normal because it's related to thousands of life people, which the government needs to take care. Human life is more important than other things, but I am sure that they will do their best to solve it.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Spaffin on November 21, 2020, 03:38:21 PM
The only way to secure a stable economy currently with the widespread of Covid-19 is to find a lasting solution to its spread,  lockdown isn't enough though it helped in China, a vaccine to totally eliminate it would be great. Covid-19 affected production and distribution a lot the part of the economy that generates tax through these sectors might have been affected so it is very safe to say it does affect the economy.
In fact, China is a pioneer in tackling the pandemic and they had no other options to prevent the spread of the coronavirus. In addition, China is a densely populated country and blocking is also one of the most effective means for them in the fight against the spread of the virus.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Gozie51 on November 21, 2020, 05:23:58 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

It will definitely do that. Many countries status will be changed. My reasons are that there will be changes

1. Manufacturing: The vaccine will be manufactured by some and that means others will buy from them and they will generate income for them .

2. Employment for manufacturing country: This is surely a plus for the country, their number of production company will increase and the citizen and people living around will benefit and the GDP will rise which will be a good plus to the economy.

3. New emergence of global power: The country can become an overtaker of economic and political status quo. If in example, the country that is the manufacturer happen to be a lesser country in terms of economic and polical power can become rich and riches can lead to seizure of all political strength that was existing.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: chip1994 on November 21, 2020, 05:35:07 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?
Certainly, the major financial funds in the world now that have taken refuge in Bitcoin, people will also begin to follow them and force the government to loosen the law on Crypto. This is also a very good opportunity to prove that the Defi projects have real uses to help the overall economy be sustainable.  I am really looking forward to this moment, hoping the Defi projects will do a good job of bringing trust to the people of many countries around the world.
By then, there will be a lot of people coming to Crypto and the money of the market will increase unbelievably. ;D


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Shagufta3 on November 21, 2020, 06:07:39 PM

As usual, weak countries will become weaker and some strong countries will become stronger
Don't you think status of China is being escalated.. They controlled it well and now they are expanding their boundaries further.. China may give an strong competition to USA in politics n power... Economical Political equations are being changed.....


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Shagufta3 on November 21, 2020, 06:14:53 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

It will definitely do that. Many countries status will be changed. My reasons are that there will be changes

1. Manufacturing: The vaccine will be manufactured by some and that means others will buy from them and they will generate income for them .

2. Employment for manufacturing country: This is surely a plus for the country, their number of production company will increase and the citizen and people living around will benefit and the GDP will rise which will be a good plus to the economy.

3. New emergence of global power: The country can become an overtaker of economic and political status quo. If in example, the country that is the manufacturer happen to be a lesser country in terms of economic and polical power can become rich and riches can lead to seizure of all political strength that was existing.

Your 3rd point is exactly on the point for which topic was written.. The chances of new global power emergence.. This is being happened, equation r changing...


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Rodeo02 on November 21, 2020, 06:20:05 PM
In my country, you can feel the impact of the pandemic. Some workers were forced a few weeks off without pay whenever there is a positive case in a company. Public transportation is limited due to curfew and strict compliance of social distancing, workers have to adjust and make a way to get to work. This is just on a small scale perspective, but then if you will look at it as a whole it affects everything as a whole.

We don't need to be afraid that much since many country is already developing the vaccine and even more of them is already in phase 3 https://www.nytimes.com/interactive/2020/science/coronavirus-vaccine-tracker.html the article is to track how  any vacine is already in trial and what phase they are now.  it seems like a long time before a drug is approved and most are in the final stages rigth now we only need to wait a little longer until the vacine already completed it's trial and tested to be really safe to use .


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: jacafbiz on November 21, 2020, 06:26:42 PM
The issue with Corona Virus is subjective, there re some countries that are not doing any testing at all, go to Africa and test   the population you will discovered that more than 70% have Malaria parasite in their blood but many are not showing any sign of these Malaria fever. I doubt this would change anything economically but there could be a shift in the political climate


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: hulla on November 21, 2020, 07:42:53 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?
The pandemic issue has already changed the economic, political status and the life of people all around the world which we can judge by the level of job losses, debts and some scenario happening already in some African countries like Burundi, Nigeria etc where people are not fighting for the stop of bad government and some police brutality but the most awesome part is that the pandemic finally opens the mind of people to Bitcoin and other online opportunities.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Kavelj22 on November 21, 2020, 07:50:50 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?
The pandemic issue has already changed the economic, political status and the life of people all around the world which we can judge by the level of job losses, debts and some scenario happening already in some African countries like Burundi, Nigeria etc where people are not fighting for the stop of bad government and some police brutality but the most awesome part is that the pandemic finally opens the mind of people to Bitcoin and other online opportunities.


It would be stupid not to change the full system orientation as the Corona era tought us that we should deal with mother nature and focus on changing the actual global economic policy. We are lucky that the internet revolution can help create a good synchronisation with where we all live. 


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: AmoreJaz on November 21, 2020, 09:04:37 PM
In my country, you can feel the impact of the pandemic. Some workers were forced a few weeks off without pay whenever there is a positive case in a company. Public transportation is limited due to curfew and strict compliance of social distancing, workers have to adjust and make a way to get to work. This is just on a small scale perspective, but then if you will look at it as a whole it affects everything as a whole.

We don't need to be afraid that much since many country is already developing the vaccine and even more of them is already in phase 3 https://www.nytimes.com/interactive/2020/science/coronavirus-vaccine-tracker.html the article is to track how  any vacine is already in trial and what phase they are now.  it seems like a long time before a drug is approved and most are in the final stages rigth now we only need to wait a little longer until the vacine already completed it's trial and tested to be really safe to use .

there are already 6 vaccines approved for limited use though none of them reached the final stage of approval for full use. but we're getting there. moderna and pfizer, i guess will be the first ones to rollout their vaccine shots.
definitely, this pandemic changed the global economy. not only one country but the global ecosystem. but we will recover gradually, this is not forever!
 a tough challenge to humanity where your survival instinct is tested to its limits. but once we surpass this trial, we will emerge a stronger person.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Rexler on November 21, 2020, 09:15:53 PM
Of course the pandemic has changed the economy in alot of country, some countries have even gone into recession during the pandemic period, the pandemic brought alot of unforseen defects that change the financial situation of every country, like my country which solely depend on crude oil for its income, during the month of march when the price of crude oil fell it was catastrophic, because the government already made budget at the beginning of the year with the price crude oil was selling at that time, no one knew it was going to fall to a few cents,also the cost of living over here has increased alot, now you have to work harder before you can earn money for 3 Square meals per day.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: passwordnow on November 21, 2020, 09:23:10 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?
It did but it's starting to change as hope has been broadcasted and ready to end this pandemic crisis soon. We've seen that at the start of those lockdowns everywhere, the economic went down and oil plummeted which is one of the products that's needed by everyone. Jobs cut off and many businesses has closed. Regards to politics, the response of the leaders made themselves known just like in Taiwan and New Zealand. While in local politics, this made citizens to choose who are the proactive leaders and are not.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Yatsan on November 21, 2020, 11:30:21 PM
The pandemic that have happened this year that already lasted for a couple of months and nearly a year next year if the vaccine will still not be available for purchased on the market. The pandemic have shown us the mere and negative direct effect it causes within the economical as well as political stands of each and every country around the world causing commotion between people and their government into whenever country they do belong. At times of the crisis, people are measuring its government's capacity and capability to serve its people with regards to their welfare to be able to survive this pandemic. At times like this, the flaws that each and every government have are showing up making people to complain at the situation. Obviously, the pandemic have really changed a lot on the economical and political statuses of different countries around the world.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: hulla on November 23, 2020, 12:53:07 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?
The pandemic issue has already changed the economic, political status and the life of people all around the world which we can judge by the level of job losses, debts and some scenario happening already in some African countries like Burundi, Nigeria etc where people are now fighting for the stop of bad government and some police brutality but the most awesome part is that the pandemic finally opens the mind of people to Bitcoin and other online opportunities.


It would be stupid not to change the full system orientation as the Corona era tought us that we should deal with mother nature and focus on changing the actual global economic policy. We are lucky that the internet revolution can help create a good synchronisation with where we all live. 
Ever since the government/institutions confirmed they were wrong about been against Google, the internet, etc when they were created, i have understand that the key to the world solution have to do with digital and it will stupid if the government dont change to the system orientation the pandemic era thought us by creating digital national currency which will limit the money spend on new fiat currency printing


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: jaberwock on November 23, 2020, 06:23:42 PM
The corona virus changed almost everything in my opinion. Let's start from sports, now almost all the sports will happen without spectators which means a massive loss for organizers as they cannot fill the stadiums and earn the same money they could earn before. The players are affected as well, we all saw how terrible the NBA went and things like these will directly impact the economy for any country no one is left behind.

Then we can see how education has moved online, jobs have moved online which means the average job has vanished from the market and the basic daily wages earners like fruit stalls, food stalls, etc have reduced to a significant number and people hesitate buying food from them. Everything has changed and it might remain even for sometime after the vaccine is found.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: wxa7115 on November 23, 2020, 07:50:58 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?
The pandemic is obviously having an effect around the world, countries that had problems before the pandemic are the ones that are experimenting the worst out of it and countries that were relatively fine were able to somehow manage to crisis, however I think the pandemic has made people realize that the current economic system that is in place is not going to last for long.

They are realizing that printing money has consequences and while there are circumstances in which this could be justified, like this pandemic, governments have abused this privilege which is why the economy is in serious trouble.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: cosmofly on November 23, 2020, 08:09:46 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?
Certainly yes and will greatly affect the overall economy. In the best example in America, the corona virus really wreaked havoc on their economy and had over 20 million people unemployed at worst. In other hands, the US government has to spend $ 2000 billion to bail out large US businesses and banks, the upcoming is to print another $ 500 billion to continue to fight the economic downturn in the coming years. .
Therefore, we should together fight against Covid-19 by taking safe and hygienic steps to avoid further infection. Our actions will have a very positive effect on the world economy as a whole.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Salauddin1994 on November 24, 2020, 04:56:29 AM
Even after numerous things the society has changed the maximum amount because the economy has collapsed with a negative outlook several large organizations within the country are moving forward but many organizations within the world try to resist. To the outbreak of corona virus many international organizations have stopped or reduced the import of products from china companies say they're now leaning to import goods from other countries rather than china if we all work together to create a system of prevention the corona virus will have a positive impact on the planet economy.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: lixer on November 24, 2020, 05:24:47 AM
The issue with Corona Virus is subjective, there re some countries that are not doing any testing at all, go to Africa and test   the population you will discovered that more than 70% have Malaria parasite in their blood but many are not showing any sign of these Malaria fever. I doubt this would change anything economically but there could be a shift in the political climate
There will be impact on the trades that happen between countries because almost all the countries are reducing import now because of the virus spread and there is no doubt the biggest exporter countries are suffering.

China in a sense did well to control the virus, some says they hide the virus and the death number but whatever the way they did, they created a clean image after the virus actually emerged from their country.

Then there are countries like New Zealand where the virus actually was cleared so everyone is negatively influenced some directly while some indirectly.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: MCobian on November 24, 2020, 10:44:05 AM
The corona virus is the biggest disaster that has an adverse effect on human life, especially the changing economies of all countries in the world.
Even some countries whose economies are healthy have become crisis and countries whose economies are already bad, with the corona virus it is
getting worse. Therefore we all agree that the corona virus is a common enemy, so every country around the world must help each other. I am
very happy that all pharmaceutical companies around the world are competing to create a vaccine against the corona virus, this is positive competition.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: justdimin on November 24, 2020, 07:25:39 PM
I doubt that the power of those huge nations comes from just few financial investments, neither does it come from anything that is temporary neither. It comes from basically just a whole nation being a lot more powerful financially and having a lot more companies that they could sell their products to other nations.

Hence, places like Germany for example could have the worst of economies for a while, but they still have huge companies that provides tax to nation and also sell it to whole world that brings money into the nation as well taking away from other nations. The ones that are powerful are powerful for a reason and that will not change for sure, there needs to be a nation specific problem instead of a global pandemic that effects everyone.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Kavelj22 on November 24, 2020, 09:03:21 PM
The ones that are powerful are powerful for a reason and that will not change for sure, there needs to be a nation specific problem instead of a global pandemic that effects everyone.

As the pandemic infect all of us and as the economics are tied to form the global economy of the planet, the word tought that we can't solve such problems partially in each nation. A global policy should be set to react accordingly to each crisis. Several other issues need this kind of change, like polution and globl warming.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: doomloop on November 25, 2020, 04:52:13 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?
Before a lot of people have been talking about a looming recession, but what we didn’t know was that it was going to come with a virus as bad as this that’s going to make everything even more worse. It would have been better if people could at least go to their workplaces and work to make earnings, but as for this one they had to be at home locked up and managing the little ones they have.

So, this situation really had a huge impact on our economy, but I think a good government will know what best to do which is supporting the people, and also making things easy.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: petyang12 on November 26, 2020, 08:44:39 AM
No not all are affected. Some countries didn't get hit by the corona virus so it is mostly the country that been hit by the pandemic. There may be some countries that have corona virus in their country but it only stays for a short time so it didn't affect that much compared to those who are forced to implement a lockdown.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: shoreno on November 26, 2020, 09:04:54 AM
not only some but majority are suffering from this rona and not only major countries are involved but many minors are in need of help badly but that was true that theres only few country that make rona manageable so far and that would be only major countries because they have the budget .

 pandemic changes everything starting from how the people live to the economy and lastly to political  . we can see if whos the politicians that really care to lend help and who doesnt  .


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: sayaya17 on November 26, 2020, 11:25:10 AM
The impact of the Coronavirus outbreak that started in Wuhan China has changed employment practices to unclear. For example,
the reason force majeure is used for labor stoppages and labor reductions.
Addressing this issue, the government must be more assertive and clear in solving various problems in the employment sector.
Do not let anyone judge this government policy is not enough to solve various employment problems during the pandemic.
Although my government has published the policy, which is a policy to deal with the coronavirus pandemic in the employment sector.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Finestream on November 26, 2020, 12:20:59 PM
The impact of the Coronavirus outbreak that started in Wuhan China has changed employment practices to unclear. For example,
the reason force majeure is used for labor stoppages and labor reductions.
Addressing this issue, the government must be more assertive and clear in solving various problems in the employment sector.
Do not let anyone judge this government policy is not enough to solve various employment problems during the pandemic.
Although my government has published the policy, which is a policy to deal with the coronavirus pandemic in the employment sector.
There's a big changes because of the pandemic, however, I don't think that would stay long, soon the time will come that the vaccine will be discovered, and slowly everything will be back to normal, and we are stronger to face a new challenge because we learn from the current situation.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: death69 on November 26, 2020, 12:25:23 PM
Yes, it can. This pandemic is considered as a crisis which has influnced the economy and politics a lot. Many countries are suffering huge loss after three waves of virus and their economic strengh decreases after this

On the other hand, countries which have successfully contain the virus has significant increase in their economic strengh. China is the one first started everything but now, they are developing with an astonishing speed. Western countries seem do not know how to force their people to follow the rules. Thats why they fail in sealing the monster


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: arwin100 on November 26, 2020, 12:38:04 PM
The impact of the Coronavirus outbreak that started in Wuhan China has changed employment practices to unclear. For example,
the reason force majeure is used for labor stoppages and labor reductions.
Addressing this issue, the government must be more assertive and clear in solving various problems in the employment sector.
Do not let anyone judge this government policy is not enough to solve various employment problems during the pandemic.
Although my government has published the policy, which is a policy to deal with the coronavirus pandemic in the employment sector.
There's a big changes because of the pandemic, however, I don't think that would stay long, soon the time will come that the vaccine will be discovered, and slowly everything will be back to normal, and we are stronger to face a new challenge because we learn from the current situation.

This pandemic bring so much stress in terms of financial and mental capacity of each individual but what good thing is happening right now is the introducing of cashless and online transaction which has been adopted and many people creates business with it. We see so many business rise in times of pandemic and this creates a good opportunity to learn new things about the situation.

Once everything will get back to normal which I believe it will happen soon for sure we will see the adoption of E-commerce,cryptocurrency and other.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: atjiat on November 26, 2020, 01:39:42 PM
The fact is that we will not even be forced to make changes in all aspects of human life. As you know, humanity will be able to cope with the virus only by 2025, but it will take 35 trillion dollars. Today, even countries with strong economies are suffering very much, but what can we say about less well-to-do states.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Shasha80 on November 26, 2020, 11:49:24 PM
Of course, the covid 19 pandemic is very much bringing changes to the world economy and politics.
Many countries are experiencing economic crises as long as the virus is not over. Many companies cannot afford to pay their employees because people have reduced purchasing power. Among us are also many who do not work and do not earn. With the lockdown to travel between countries, of course, this will reduce the foreign exchange of the country, if every place of world tourism is closed.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: GeorgeJohn on November 27, 2020, 08:04:55 AM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?
Their is no too ways about it because it's obvious that the problem corona virus caused these year can totally bring am economy of a country down, a country that generate their revenue through agricultural product, I hope during the season corona virus has strong bond across countries, which lead to total lockdown, in what way the country will generate income since the source of their income has been shutdown and their was no importation and exportation of goods and services, so good's been dormant both industrial raw materials will contributes for economical status of a country, because their is no exchanges.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: AicecreaME on November 27, 2020, 01:06:49 PM
Coronavirus really did change the economic equation of every country in the world. This pandemic brought so much struggle even to those countries who are at the top of the list. It caused many problems particularly to the poor countries. The circumstances that came with the crisis was beyond the capabilities of most leaders. Majority weren’t prepared enough to tackle and address the issues and concerns immediately which caused sudden economic movements.

In addition, this pandemic unmasked the true condition of the system we currently have. The corruption and the poor leadership of those who are in the government were exposed by the pandemic. There’s no doubt that the covid-19 dynamically changed the economic state and cycle globally. It just happens that there are countries that handle it better compared to others.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Cling18 on November 27, 2020, 01:24:37 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

Yes, it brought a lot of changes and mostly in a negative way. Lots of businesses have closed and declared bankruptcy because of lockdowns and lots of employees have lost their jobs and that has a huge impact on the economical status of most countries. We've also seen how our government leaders handled the situation. Some countries were able to control the pandemic crisis and they're starting to recover again but some are still struggling to survive. All of us are hoping for the best but I'm still sure that we're still able to move forward when this pandemic ends.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: GrinZ on November 27, 2020, 01:33:52 PM
The pandemic period has affected every country economically. Although some countries managed this process well, we can say that it led to an economic crisis for some countries. There are many people who do not follow the said rules and it does not seem possible to prevent and reduce the number of cases. I hope this problem will disappear by the end of the year with the vaccine to be found next year.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Subbir on November 27, 2020, 03:44:13 PM
The corona virus crisis is causing economic problems to everyone around the world. It could take a long time to change the rate at which the economy has suffered this year. Many people's sources of income have dwindled and farmers have failed to produce due to lack of money.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Hasmizara on November 27, 2020, 03:47:23 PM
which is why the corona virus is changing the economic equation in many countries. corona virus crisis changing economical equations is possible to achieve some success by trying to control it all together. If the amount of budget in each sector is more rapid development is possible.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: marcous on November 27, 2020, 05:33:21 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?
  Almost every country is still in the danger of corona virus because we are under the attack of second wave but this time we didn't give much attention to it. Yes it changes the economical equation particularly the developing countries growth rate turned into the negative rate,the real consequences of covid 19 is yet to come.

Yes, all countries hope to be able to handle corona maximally to suppress the increase in people affected by corona.  The main unanswered puzzle is how to control the virus and minimize the impact on everyday life, because it is undeniable that all must continue to work and survive, despite the fact that the impact on the economy is very crucial.  especially the states that will face the winter could the second wave could be happen.  considering that experts say in winter the virus spreads more easily.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: wxa7115 on November 27, 2020, 05:50:28 PM
The corona virus is the biggest disaster that has an adverse effect on human life, especially the changing economies of all countries in the world.
Even some countries whose economies are healthy have become crisis and countries whose economies are already bad, with the corona virus it is
getting worse. Therefore we all agree that the corona virus is a common enemy, so every country around the world must help each other. I am
very happy that all pharmaceutical companies around the world are competing to create a vaccine against the corona virus, this is positive competition.
This is probably one of the worst crisis that we have ever faced because of its longevity, it is going to be almost a year since the coronavirus first appeared and even if the vaccine is on its latest stages of development I think we can expect 2021 to still be a very bad year as well as people begin to get vaccinated and things will only return to normal until 2022.

However the needs of the people cannot wait another year, a great deal of small family business have gone bankrupt and another year of low sales and not many clients is going to ruin them and yet it is impossible to change this negative trend as people are still going to be very wary of spending their money as they used to as they know they could lose their jobs as well and this is slowing down the economic recovery.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: usekevin on November 27, 2020, 08:14:11 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

It had influenced the most of the country economic status.Some country people had brought bitcoin at the economic crisis also by the holding and hidden money.It was surprised to see when certain people inverse their money, when others are suffered to get money for their livelihood.But now all the people had working online to earn money for their livelihood.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: hahay on November 27, 2020, 09:05:46 PM
I don't think so, because developed countries that have better economies before must have the ability to recover more quickly. Indeed, this is not a guarantee, but at least developed and developing countries will definitely benefit more because even the development of the vaccine itself will at least provide many benefits. So, I don't think this pandemic will change a country's economy much, because they will always be able to adjust it and slowly every country has the ability to be able to overcome it.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: verita1 on November 28, 2020, 08:29:38 AM
Covid19 could make a huge impact on the world and should make us change so that we act better now and in the future. With a broken economy, humanity begins to move into this new normal. I would like our leaders to focus on acting to resolve priorities, stay away from corruption and create the best mechanisms to safeguard their citizens and the national heritage.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: tbterryboy on November 28, 2020, 07:46:34 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?
When there is crisis the economy is hit pretty badly, and it’s worst when it’s a situation that’s unexpected like this one we are facing now.it’s normal that the economies will be affected. But if the government is able to handle the situation the right way, the economy wouldn’t fall that bad. The countries that their economies will be in line to fall the worst in a crisis like this are the developing countries.

Some of them had the opportunity to take actions and prevent the situation, but their government didn’t do what they are supposed, they left their nation’s unguarded till the coronavirus penetrated.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: iamsheikhadil on November 28, 2020, 08:02:10 PM
Covid19 could make a huge impact on the world and should make us change so that we act better now and in the future. With a broken economy, humanity begins to move into this new normal. I would like our leaders to focus on acting to resolve priorities, stay away from corruption and create the best mechanisms to safeguard their citizens and the national heritage.

Well, it's also a perfect time for government to gain unlimited dictatorship power by enabling various disaster management acts/policies. I don't think this new normal will be dominant, since the world is dynamic and hence, I think the hype over Corona will soon go away and we will be back to life without masks by 2021 end!


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: magneto on November 29, 2020, 05:24:59 AM
Yes, from two angles:

1. Geopolitically China will likely become even more dominant, while the US situation deteriorates daily. I don't expect China to overtake the US any time soon in terms of military, but in terms of social stability and economic prosperity China is better positioned.

2. Novel concepts such as MMT are being actively deployed by central banks and governments around the world to combat the recessions that have associated themselves with this "Great Lockdown". We could see a complete shift in paradigm when it comes to economic policy coming out of this crisis.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: skpanchal on November 29, 2020, 05:45:12 AM
Oay, the battle against the novel coronavirus will be won. But the world that emerges may look very different from the one we lived in before the pandemic began.Over 60,000 people have lost their lives to Covid-19 and there are more than a million confirmed cases although the outbreak yet to reach its peak across the developed and emerging world.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: plr on November 29, 2020, 10:49:15 AM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?
The world is suffering and many countries are now high on debt, because they allocate a big portion of budget in the medical sector for their sick people because of Covid, and many workers are displaced because of factories closing down because of lock down, it really change the economic equations of many countries around the world.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: KnightElite on November 29, 2020, 11:38:10 AM
Covid19 could make a huge impact on the world and should make us change so that we act better now and in the future. With a broken economy, humanity begins to move into this new normal. I would like our leaders to focus on acting to resolve priorities, stay away from corruption and create the best mechanisms to safeguard their citizens and the national heritage.

Well, it's also a perfect time for government to gain unlimited dictatorship power by enabling various disaster management acts/policies. I don't think this new normal will be dominant, since the world is dynamic and hence, I think the hype over Corona will soon go away and we will be back to life without masks by 2021 end!
It is really hard to face the reality wherein there are now activities that we cannot do anymore because of the pandemic and it is the reason why I'm part of the people who now wants to have normal life before wherein some activities like basketball unlike today wherein all of the basketball courts are been locked out and can have penalty and punishment if you disobey the new law and regulation. For me the economy is now starting to recover and I can see it through the people who are now coming back and opening their businesses again, actually the malls in my country are now starting to operate again and the people are blockbuster wherein you cannot consider that there is still pandemic. The government should implement more strict health protocols and they should not be over confidence even though there will be now a vaccine that will be distributed all over the nations. People should still be aware that covid is a threat and we can prevent it by following strict health protocols.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Vishnu.Reang on November 29, 2020, 12:07:16 PM
Well.. the OP is right. Equations are changing. All the other countries are getting heavily impacted by the pandemic and many of them are going through recession. On the other hand, China (from where the virus actually originated) is back on track as far as the economy is concerned and Chinese funds are making investments in foreign markets to purchase various assets at cheap rates.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Istiaque on November 29, 2020, 05:30:17 PM
All the people in the world are fighting because of the corona virus. Improving the world is not possible until the virus is reduced the world will reach the peak of further development if the damage caused by the corona virus is recovered. The country's economy will be stronger than ever because people have been able to deal with the virus a lot. The world economy will gradually become stronger if governments learn how to resist.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: eaLiTy on November 29, 2020, 07:25:13 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?
The pandemic has changed the economic situation of all the countries around the globe, many people are struggling to stay afloat and majority of the small scale business have shut down because of the economic crisis they are facing, you cannot force a shop owner to shut down their store for months and expect him to open and continue the business. Countries like US are printing trillions of dollars to boost the economy and mostly they are printing those to hand out free money and it will affect the economy.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Smartprofit on November 29, 2020, 07:40:50 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

In my opinion, in terms of geopolitics, China has benefited from the coronavirus pandemic.  The Chinese took control of the epidemic very quickly. 

Now the Chinese are actively testing the currency of the Central Bank of China (CBDC).  They are actively introducing new financial technologies, as well as artificial intelligence and big data.  China controls most of the Bitcoin and Ethereum hashrate. 

During the Covid-19 pandemic, the collective consciousness of the Chinese proved to be more effective than the individualism of Westerners.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Oasisman on November 29, 2020, 09:24:27 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

In my opinion, in terms of geopolitics, China has benefited from the coronavirus pandemic.  The Chinese took control of the epidemic very quickly. 

China has always been ready for any human virus outbreak. I don't know but they seem like they are really aiming to spread viruses and thus the SARS in 2002 didn't spread globally. They responded very quickly that they have found a way to contain the virus in a certain region where It became rampant without the other cities having a huge number of infected people, and just before the worst spread globally. From there they were able to create testing kits and other personal protective gears that surely sells from different countries.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: n0ne on November 30, 2020, 01:10:37 AM
The economic equation around the world has changed. According to data from different sources, people's mind have changed and has realised well about life. People who have never worried about the economic situation have now started to think about it and has made plans to have funds to secure their lives, as none know about tomorrow. Countries experiencing negative growth rate shows the big economic downfall, particularly the growing countries are the big sufferers.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Sithara007 on November 30, 2020, 02:55:41 AM
In my opinion, in terms of geopolitics, China has benefited from the coronavirus pandemic.  The Chinese took control of the epidemic very quickly. 

Now the Chinese are actively testing the currency of the Central Bank of China (CBDC).  They are actively introducing new financial technologies, as well as artificial intelligence and big data.  China controls most of the Bitcoin and Ethereum hashrate. 

During the Covid-19 pandemic, the collective consciousness of the Chinese proved to be more effective than the individualism of Westerners.

Yes. I have to agree that China fared well, when compared to the other countries in containing the pandemic. But this has nothing to do with Digital Yuan issued by the Chinese central bank. As far as I can see, the cryptocurrency market hasn't taken this new currency seriously. I have seen a few posts here and there in Bitcointalk, but I don't think that it has made any gains on the ground.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Firefox07 on December 08, 2020, 10:36:21 PM
Many countries are affected by the pandemic. And it really change the economical equation of many countries. Because the economy is not running well. Many businesses are closing. Many people are not working. The pandemic paralyze the economy of many country.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: bryant.coleman on December 09, 2020, 04:12:05 AM
Yes, from two angles:

1. Geopolitically China will likely become even more dominant, while the US situation deteriorates daily. I don't expect China to overtake the US any time soon in terms of military, but in terms of social stability and economic prosperity China is better positioned.

2. Novel concepts such as MMT are being actively deployed by central banks and governments around the world to combat the recessions that have associated themselves with this "Great Lockdown". We could see a complete shift in paradigm when it comes to economic policy coming out of this crisis.

There is no doubt that the COVID 19 pandemic weakened the economies of the other nations and boosted that of China. US, EU, Japan.etc may take one or two years to recover completely, while the Chinese economy is in full swing. On top of that a pro-China president was elected in the United States, partly due to the impact resulted from the COVID 19 pandemic there. Things are looking good for China.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: BuNga_cute on December 09, 2020, 08:48:30 AM
The effect of the corona virus on the world economy is beyond many people's expectations, imagine that almost all developed countries
are affected. Even those with strong economies such as America, England, Germany and South Korea have completely destroyed their
economies. The unemployment rate is getting higher, many companies are bankrupt, and the poverty rate is rising. This is experienced
by many countries in the world, money printing has been done to restore the economy but with less success.

In my opinion, the best way is to find a vaccine and distribute it as soon as possible, if it takes too long the effects can be widespread
and out of control. Fortunately several pharmaceutical companies have succeeded in creating a vaccine that is 95% effective, hopefully
it can be mass produced and distributed to all countries in the world. So in 2021 the corona virus can be stopped.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Negotiation on December 09, 2020, 12:29:26 PM
Many countries are trying to invent a vaccine to make the corona virus successful in 2021 if successful the virus can be cured quickly business will resume in all countries of the world which will improve the economy of the country. Unemployment will be eliminated if everything is restarted many have been able to control their crisis by investing in Bitcoin.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Sapphire915 on December 09, 2020, 02:52:36 PM
It absolutely did. We never saw a major economic failure in the whole world with our entire life and its really unbelievable to realized that it actually happened. However, the Governments in each countries around the world have their own different strategies in dealing out this crisis. And we are fully aware that each countries resources and power are not the same. What I mean is that, the most developed and rich countries are probably those who will rise up easily from the fall. Well, its great to know that all countries are slowly opening up their economy now and its just the start of getting back into place. I believe that somehow soon we can overcome and surpassed everything with God's grace.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: davinchi on December 10, 2020, 09:18:15 AM
Looking at the big world powers testing the vaccines first, being able to afford it most, and basically have the economy to close shop and wait for it to pass most.

I would have to say that nothing would make a world power go down as much as you think it would. Sure Europe will get vaccine from UK a lot later, probably politics related stuff but it is still Europe getting it and not central Africa, you think they do not have any corona virus cases? They probably do not have a way of testing it while others are already moving to vaccination period. So long story short world powers will never give up their seats and they are willing to use politics to hurt other nations and let their people die just to prove to their people that they are the strongest in the world.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: doomistake on December 10, 2020, 03:47:46 PM
I think this pandemic made a huge difference and indeed changed the economic equations globally. The crisis severely affected many countries especially those who are at recognized as 3rd world countries. A lot of unpleasant events took place because of the virus.

Many people have lost their jobs and a lot of companies, businesses, and establishments were forced to close down because of the negative impact of pandemic. This has been one of the main reasons why the economic condition and state changed all over the world. The lockdowns and continuous rise of covid cases added fuel to the fire. Making it hard for each countries to pull off without opening and resuming the operations for the economy.

In addition, pandemic changed the economic equation because of the safety precautions and protocols given by the authorities. All of us are forced to adapt to the new normal, changing our routines and usual ways of living. Adjustments were made especially to the industries who are making profit and paying taxes to the government.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Swopon on December 10, 2020, 04:10:00 PM
Is it worth saying ???
Outbreaks materialize to be exacerbated during the 100 years. I can't say for sure about all of them, but as far as I acknowledge in this corona, all the developed and underdeveloped countries have suffered a huge blow. So far no one was able to send in the perfect solution, which is not strange. Lockdowns, visa closures, social distances, etc. have all become economically weak and this is affecting the world economy. So it is so conventional that coronavirus is changing economical equations.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: rat03gopoh on December 10, 2020, 04:17:51 PM
The covid pandemic is like resetting the economic order around the world, where the government has the opportunity to implement a new economic system that was difficult to implement before the pandemic. This will prove to the future whether the new solutions are really successful in overcoming the crisis problem.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: TheGreatPython on December 11, 2020, 06:35:08 PM
I would say economy probably manages to stay at where it is strong and that causes things to get better quicker in those nations, however very small nations do not get affected by it like the bigger ones neither. Like if you are a nation that is in horrible conditions, let's say Venezuela for example, how much can corona hurt you to begin with?

You are already doing horrible anyway so there is really not that much way corona can hurt you. But when you are Germany for example, it could hurt you in many ways, even though you could recover better than most nations, you would still be doing a lot worse from the great spot you were. Hence, I think it doesn't change any power situation, but it does affect the very rich nations a lot worse and a lot quicker as well.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: onooks on December 12, 2020, 07:22:42 AM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

Economical: Disaster.
Political: Will give rise to populist parties.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Ladyvirgo on December 13, 2020, 08:05:21 AM
     The crisis of the corona virus that has spread  around the world is changing the equation of the economy.Everyone has chosen alternative methods to overcome the crisis that has spread  around the world.In spite of all this whenever a negative outlook is broken the economy and the people have lost hope of recovering from the crisis that pervaded the world which is a massive change in society.And that is how people turn to civilization to stand up and face this crisis.Many big and private organizations of the country are approaching this time of crisis.Political parties are united in figthing this crisis.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: iv4n on December 13, 2020, 11:49:58 AM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

Economical: Disaster.
Political: Will give rise to populist parties.

I can't imagine a better future for all of us with any political party on charge! It's simply impossible in my opinion, actually they are the ones that holding the progress! Of course, that part is not so simple, except holding the progress they are exploiting humans and nature to the limits, and that is the worst part!
Economy based on debt and constant growth so you can pay interest in a world with limited resources will lead to destruction! Politicians that keep the system alive! It's like we are on the road to hell! As I said many times we need radical changes!

Are there enough resources on this planet for everyone? Can we work on distribution and improving quality of life for all without harming the nature? Is there a better system than we have now? There're many good questions, and there're many smart answers... but we are still prisoners of the current system (governments, banks...), and looks like nobody cares (look what happens around the world)!

It's one of the reasons why I believe in crypto! Internet and crypto can/will connect on global level! It's the tool that will help in changing the world!

For the end: “Earth provides enough to satisfy every man's needs, but not every man's greed.”- Ghandi




Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: cryptoknightt on December 13, 2020, 12:23:51 PM
Of course this makes changes in economic statistics in a country and each country has a different way of dealing with it, of course developed countries and their economies that were originally very good and stable will be easier to update.
but still they need time to do that, because everything is not easy and has an impact on the global not only 1 or 2 countries.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Vishnu.Reang on December 13, 2020, 01:20:09 PM
Economical: Disaster.
Political: Will give rise to populist parties.

I agree with the first part, to an extent. But let's not forget the fact that in most of the affected nations, the economy is recovering despite the increasing number of new cases and deaths from the pandemic. And secondly, a number of populist politicians and parties have lost as a result of the pandemic. The best example is that of Donald Trump. He could have easily won the POTUS 2020 elections, if the pandemic was not there.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: stadus on December 14, 2020, 02:06:43 PM
Economical: Disaster.
Political: Will give rise to populist parties.

I agree with the first part, to an extent. But let's not forget the fact that in most of the affected nations, the economy is recovering despite the increasing number of new cases and deaths from the pandemic. And secondly, a number of populist politicians and parties have lost as a result of the pandemic. The best example is that of Donald Trump. He could have easily won the POTUS 2020 elections, if the pandemic was not there.

I don't think so, people are not dumb, they are not only looking at one situation, Trump had serve one team in his country, so people are already seeing his decisions and actions over that period and they are not satisfied that's why he lose, just to be clear, majority are not satisfied that's why majority voted for Biden.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Pokapoka124 on December 14, 2020, 02:54:21 PM
Yes, the pandemic affected our way of life in general. We have had to adapt and make changes in our schools and offices. Some people lost their jobs and had to make do with the little they had. The pandemic also affected the way people voted in the elections. So yes this crisis has changed a lot.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: bayu7adi on December 27, 2020, 05:10:07 AM
Yes, the pandemic affected our way of life in general. We have had to adapt and make changes in our schools and offices. Some people lost their jobs and had to make do with the little they had. The pandemic also affected the way people voted in the elections. So yes this crisis has changed a lot.

Although there are many new habits, such as wearing a mask, wearing a handsanitizer, washing hands and keeping your distance, I think the current economic situation is slowly getting better. Many companies are starting to open job vacancies and also a lot of people who are getting used to the new normal that applies.

Although I am one of the people who lost my job during this viral pandemic, I am one of those people who are not overly careful about this virus. I always look at covid update data (https://www.worldometers.info/coronavirus/) to determine how I do activities to make it safer.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Vishnu.Reang on December 27, 2020, 01:13:15 PM
Economical: Disaster.
Political: Will give rise to populist parties.

I agree with the first part, to an extent. But let's not forget the fact that in most of the affected nations, the economy is recovering despite the increasing number of new cases and deaths from the pandemic. And secondly, a number of populist politicians and parties have lost as a result of the pandemic. The best example is that of Donald Trump. He could have easily won the POTUS 2020 elections, if the pandemic was not there.

I don't think so, people are not dumb, they are not only looking at one situation, Trump had serve one team in his country, so people are already seeing his decisions and actions over that period and they are not satisfied that's why he lose, just to be clear, majority are not satisfied that's why majority voted for Biden.

Well.. Trump was leading in the opinion polls, which were conducted before March 2020. Most of the gambling sites had Trump with much better odds, when compared to Joe Biden. But then the COVID 19 pandemic struck the United States and his ratings spiraled downwards. And during the exit polls which were conducted after the elections, a lot of people claimed that if not for his poor handling of the pandemic, they would have actually voted for Trump.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: stadus on December 28, 2020, 01:30:53 PM
Economical: Disaster.
Political: Will give rise to populist parties.

I agree with the first part, to an extent. But let's not forget the fact that in most of the affected nations, the economy is recovering despite the increasing number of new cases and deaths from the pandemic. And secondly, a number of populist politicians and parties have lost as a result of the pandemic. The best example is that of Donald Trump. He could have easily won the POTUS 2020 elections, if the pandemic was not there.

I don't think so, people are not dumb, they are not only looking at one situation, Trump had serve one team in his country, so people are already seeing his decisions and actions over that period and they are not satisfied that's why he lose, just to be clear, majority are not satisfied that's why majority voted for Biden.

Well.. Trump was leading in the opinion polls, which were conducted before March 2020. Most of the gambling sites had Trump with much better odds, when compared to Joe Biden. But then the COVID 19 pandemic struck the United States and his ratings spiraled downwards. And during the exit polls which were conducted after the elections, a lot of people claimed that if not for his poor handling of the pandemic, they would have actually voted for Trump.

Well, I believe that his poor handling on the covid-19 pandemic is also one of the reason, buy based on survey alone, it does not automatically say who will win in the election. Last election Trump is not topping the survey, but he still pull a win.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: gabbie2010 on December 28, 2020, 03:38:46 PM
Economical: Disaster.
Political: Will give rise to populist parties.

I agree with the first part, to an extent. But let's not forget the fact that in most of the affected nations, the economy is recovering despite the increasing number of new cases and deaths from the pandemic. And secondly, a number of populist politicians and parties have lost as a result of the pandemic. The best example is that of Donald Trump. He could have easily won the POTUS 2020 elections, if the pandemic was not there.

I don't think so, people are not dumb, they are not only looking at one situation, Trump had serve one team in his country, so people are already seeing his decisions and actions over that period and they are not satisfied that's why he lose, just to be clear, majority are not satisfied that's why majority voted for Biden.

Well.. Trump was leading in the opinion polls, which were conducted before March 2020. Most of the gambling sites had Trump with much better odds, when compared to Joe Biden. But then the COVID 19 pandemic struck the United States and his ratings spiraled downwards. And during the exit polls which were conducted after the elections, a lot of people claimed that if not for his poor handling of the pandemic, they would have actually voted for Trump.

Well, I believe that his poor handling on the covid-19 pandemic is also one of the reason, buy based on survey alone, it does not automatically say who will win in the election. Last election Trump is not topping the survey, but he still pull a win.
It's not only US election that Covid-19 would impact politically and economically I foresee many countries losing their leaders in subsequent elections due to the poor handling of the pandemic, some citizens of some countries want freedom from lockdowns imposed by their government which didn't go down well e.g Germany this might lead to their chancellor losing her election, meanwhile in many countries especially third world leaders had used the pandemic to enrich themselves with loans obtained from the world Bank meant to tackle and cushion the effect of the pandemic on the already battered economies of their countries this will to many of them losing election too.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: AjithBtc on December 28, 2020, 04:39:38 PM
Corona virus spread has made a big change around the globe. This is not only limited with the human behaviour, it also influenced the economic scenario massively. More countries experienced negative economy. By the time people have learned more about humanity. Now wholeheartedly people have begun to support the people in need.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: ardentvolcanoes on December 28, 2020, 04:47:06 PM
Corona virus spread has made a big change around the globe. This is not only limited with the human behaviour, it also influenced the economic scenario massively. More countries experienced negative economy. By the time people have learned more about humanity. Now wholeheartedly people have begun to support the people in need.

Compassions for those who really in need. It's sad that this pandemic really affects the economy of each countries around the globe, there are

many families who suffered from this virus, not only physical but more on mental health. Economy is really bad but the good catch in order to

survive people learned how to adjust and find ways to continue life.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: South Park on December 28, 2020, 06:42:25 PM
Well.. Trump was leading in the opinion polls, which were conducted before March 2020. Most of the gambling sites had Trump with much better odds, when compared to Joe Biden. But then the COVID 19 pandemic struck the United States and his ratings spiraled downwards. And during the exit polls which were conducted after the elections, a lot of people claimed that if not for his poor handling of the pandemic, they would have actually voted for Trump.
Unfortunately for Trump he was unable to read people correctly this time, economic considerations took a backseat and the biggest concern for the US citizens became the pandemic, as such a great deal of people disagreed with the handling of the pandemic by the US government, this without a doubt played a big factor in determining who will win, and since we are talking about the most powerful country of the world this will change history as well, I just hope it is for the better.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: TheGreatPython on January 10, 2021, 08:30:13 AM
Of course this makes changes in economic statistics in a country and each country has a different way of dealing with it, of course developed countries and their economies that were originally very good and stable will be easier to update.
but still they need time to do that, because everything is not easy and has an impact on the global not only 1 or 2 countries.
While every country is suffering from it and yeah the damage done is different for each country but actually I am surprised how China came out so clean despite being the first victim, they never had the worst numbers in terms of deaths and cases.

These times actually helped political parties to hide their horrible economic situations behind the corona virus because the damage done by virus is being enlarged and shown to us while the actual damage is not as much. Now they are forcing the vaccine to their people despite knowing that not everyone can afford it, neither the virus is as deadly as it was a few months before.

Anyway, this pandemic also influenced the digital currency's market and changed it.
When stock markets are not performing well, investors do not have big other options except gold and cryptos kind of "alternative investment opportunities". So, pandemic is having its own consequences on crypto space as well.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Mauser on January 10, 2021, 08:41:41 AM
Of course this makes changes in economic statistics in a country and each country has a different way of dealing with it, of course developed countries and their economies that were originally very good and stable will be easier to update.
but still they need time to do that, because everything is not easy and has an impact on the global not only 1 or 2 countries.
While every country is suffering from it and yeah the damage done is different for each country but actually I am surprised how China came out so clean despite being the first victim, they never had the worst numbers in terms of deaths and cases.

These times actually helped political parties to hide their horrible economic situations behind the corona virus because the damage done by virus is being enlarged and shown to us while the actual damage is not as much.

Now they are forcing the vaccine to their people despite knowing that not everyone can afford it, neither the virus is as deadly as it was a few months before.

I agree with you that politicians have it much easier right now to hide their bad budget and can more easily addord new funds. Stiumulous packages and corona relief funds give politicians much more money during crisis times to give around. Also the oversight is much more relaxed during times of crisis. Politicians dont have to fear many consequences when misusing funds.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Freeesta on January 10, 2021, 11:22:54 AM
To some extent, the coronavirus benefits the whole world, people began to use non-cash payments more often, began to value their health and take care of it. Of course, the virus damages the economies of countries, but this can serve to develop the economic system in the future so that this situation does not happen again.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Vishnu.Reang on January 10, 2021, 12:43:04 PM
Unfortunately for Trump he was unable to read people correctly this time, economic considerations took a backseat and the biggest concern for the US citizens became the pandemic, as such a great deal of people disagreed with the handling of the pandemic by the US government, this without a doubt played a big factor in determining who will win, and since we are talking about the most powerful country of the world this will change history as well, I just hope it is for the better.

What he failed to understand was that the economic condition was also closely linked to the well being of the population. He could have taken a cautious approach against the pandemic, rather than being a motormouth. The infections and deaths would have happened anyway (even the European countries which went through tough lockdowns reported more deaths per million when compared to the United States), but it was Trump's refusal to take the pandemic seriously which cost him the election.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Gozie51 on January 10, 2021, 01:11:32 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

I'm starting to look at it differently with what America is going through now. First, I think covid-19 problem was why Trump had a difficult time coming back to white house (even the political fight is still on). Also many countries have changed the way to live, hard economy makes the government to print money. Like the US that keeps trying to help the affected and the budgetary allocation is changing to take care of covid-19 patients and challenges.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: doomloop on January 10, 2021, 01:23:33 PM
The covid pandemic is like resetting the economic order around the world, where the government has the opportunity to implement a new economic system that was difficult to implement before the pandemic. This will prove to the future whether the new solutions are really successful in overcoming the crisis problem.
This also tests the flexibility of the economic structures because we all know why USA suffered so much and that was because of their rigid and one dimensional president Trump. I am quite sure if a calm headed guy handled the situation, it would have been a lot better.

Even during the BLM movement the actions Trump took were never serious and gentle, someone who believes in an eye for an eye cannot succeed and I am really glad he lost because he was like plague to their country. One can understand his poor attitude by the way he reacted to his loss in the elections by being salty and aggressive instead of accepting the loss and stepping back.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: kolbalish on January 11, 2021, 11:19:29 AM
No doubt about that because the year 2020 is full of control of coronavirus. It damages the world economy badly and people's health. Economical equations have many elements so if one source of element decrease it affects the whole ratio. Corona already hampers much so in now time people trying to overcome this. Good starting and I believe one day we will overcome the whole pandemic period.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Vaskiy on January 11, 2021, 11:51:31 AM
The economical situation around the world has changed. The system remains the same. More changes were being made by the governments on their economic policies. This changes have been making positive impact over the economic development. Slowly every country have been experiencing slow and steady growth, but the recent British covid-19 is once again causing shutdown on different locations. Anyhow there is hope that 2021 will be better than 2020.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Smartprofit on January 11, 2021, 12:48:55 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

In my opinion, countries that do not take inappropriate actions during the Covid-19 coronavirus pandemic will significantly increase their status in the world. 

It is very easy to panic in an atmosphere of fear.  However, inadequate actions of government officials will lead to serious problems in the economy.  Small and medium businesses could die from a pandemic, and unemployment could rise. 

In such crisis situations, it is necessary to make informed management decisions. 

An example is China.  China's actions were absolutely adequate to the situation that had arisen. 

As a consequence, China has a chance to significantly increase its status in the world after the end of the coronavirus pandemic.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: mezzaluna on January 11, 2021, 01:28:21 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

Third world countries are surely affected by this greatly and some countries are already using this pandemic as a platform that could boost their credibility during the legitimate campaign period. It also shows that some countries without the necessary plan to mitigate the virus is really affected greatly and this greatly shows the incompetency of officials. Their economical statuses will really show which is their true governing style which is really not high tier.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: bosede1 on January 11, 2021, 03:02:51 PM
Coronavirus one way or the other has a lot to tell on mot economy last year because it was an unforeseen pandemic that hit the world last year and before some economy to overcome the effect it has on the economy it's a little bit late. Some underdeveloped countries suffer more from the effect.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: emmybd on January 11, 2021, 08:16:53 PM
Covid-19 is affecting our life rapidly. It has changed the entire world. Dead case because of Covid-19 is increasing day by day. Scientists are still struggling to discover any vaccine.
Mostly economic crisis has increased because of this pandemic. Poor countries are facing a lot of problems. They are struggling to stabilize their economical situation. It's not a good news. Even global stock markets fell on 24 February, 2020 due to a significant rise in the number of Covid-19 cases. Actually global stock market crashed and it's a heart breaking news all over the world.
Import and export is not stable right now. As a result, countries which are dependent on export business are facing a lot of problems. Asian Development Bank derives that the global economy could lose between $5.8 trillion and $8.8 trillion equivalent to 6.4 per cent to 9.7 per cent of the global gross domestic product. Europe and Central Asia will experience the largest fall of 27.5 per cent, Sub-Saharan Africa (23.1 per cent), South Asia (22.1 per cent), the Middle East and North Africa (19.6 per cent), Latin America and the Caribbean (19.3 per cent), and East Asia and the Pacific (13 per cent).
So, Covid -19 is definitely changing the economic equations around the globe.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: AndySt on January 11, 2021, 08:43:26 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?
Third world countries are surely affected by this greatly and some countries are already using this pandemic as a platform that could boost their credibility during the legitimate campaign period. It also shows that some countries without the necessary plan to mitigate the virus is really affected greatly and this greatly shows the incompetency of officials. Their economical statuses will really show which is their true governing style which is really not high tier.
If the conversation is only about economic development, then it is unlikely that strong changes will come, because after the epidemic has passed, the economies of the absolute majority of states will recover to more or less the previous pre-pandemic level. But about politics in the event of an unsuccessful fight against COVID, there may be some consequences that, in the worst case, can lead to turbulence in the relations of the political elites of a particular state and as a result of this long-term deterioration of the economic situation.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: PonZZ on January 12, 2021, 07:52:00 AM
The Covid pandemic isn't very different from any other disastrous in this terms. The rich became even more richer, most billionaires' fortunes have risen during the pandemic. The poor fall into the abject poverty.
https://www.cbsnews.com/news/billionaires-pandemic-1-trillion-wealth-gain/


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Vishnu.Reang on January 12, 2021, 11:51:05 AM
The Covid pandemic isn't very different from any other disastrous in this terms. The rich became even more richer, most billionaires' fortunes have risen during the pandemic. The poor fall into the abject poverty.
https://www.cbsnews.com/news/billionaires-pandemic-1-trillion-wealth-gain/

It is not very surprising. Most of the billionaires have a majority of their assets in the form of equities. And we all know that the stocks markets are at record highs now. On the other hand, the poor have very little exposure to the stock markets and tend to keep their savings in the form of bank deposits and other stable assets. And with the stimulus measures and the resulting devaluation of the fiat currency, the net worth of these bank deposits have gone down and this has disproportionately affected the poor.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: sukmo on January 12, 2021, 12:23:13 PM
For economic equality around the world I think not. Because there must be a country that can control the economic crisis in this pandemic season.
But when it comes to the economic impact of my country, the corona virus is very deadly to the economy of people, especially small people in the countryside.
They have lost their jobs to date and they are still waiting for the government's policy in 2021.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: TheGreatPython on January 18, 2021, 04:03:25 PM
I agree with you that politicians have it much easier right now to hide their bad budget and can more easily addord new funds. Stiumulous packages and corona relief funds give politicians much more money during crisis times to give around. Also the oversight is much more relaxed during times of crisis. Politicians dont have to fear many consequences when misusing funds.
The bad part is, all around the world, the economy is not doing that well for regular people while big companies are doing fine. I get that a company that has 10 thousand people working for them, could need some money, I am not going to argue against not getting any help towards big companies neither, sure they should get some.

However if they are getting more money than all of those 10 thousand people combined, there is something wrong about that, they should get at best help for paying salary and that's it. This is why I supported calls for giving companies nothing, but paying salaries of workers instead, that way companies wouldn't have to pay salaries, which is awesome help for them, and regular people would get money too, doesn't that help everyone out? Both big companies, small companies, regular workers, basically whole nation could have been awesome with that.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: avarnet on January 19, 2021, 09:03:02 AM
To some extent, the coronavirus benefits the whole world, people began to use non-cash payments more often, began to value their health and take care of it. Of course, the virus damages the economies of countries, but this can serve to develop the economic system in the future so that this situation does not happen again.
indeed with the covid virus it becomes a new normal. the current economy is actually experiencing an increase. Even though my own country, Indonesia is in danger of a recession, I am still optimistic that soon after the vaccine comes, everything will normalize many people are expecting an increase nowadays


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: 0t3p0t on January 19, 2021, 01:23:31 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?
Yes even those with high developing countries are affected by the pandemic but is mild compared to the past. Some countries most especially third world countries are slowly recovering and some are still suffering from the crisis. Economical and political status are not stable right now but here in my country all is well aside from those anti government morons that instead of helping the administration survive the crisis they even criticize and throw stones which is very diappointing to me.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: 777Jolami on January 19, 2021, 02:42:29 PM
Coronavirus influenced our economy and made a huge difference.
We're experiencing this infection and our government an honest effort to make immunization. Anyway, this pandemic also influenced the digital currency's market and changed it.
The immunization process cannot be maintained and properly implemented on schedule and the wishes of all citizens.  Certainly, fairness and interests will still create divisions and disagreements and chaos.  At the same time, the next Variation of covid-19 is very unpredictable and dangerous.  Vaccines are being calculated, but not quite enough to provide if the governments of each country cannot control the situation.  The world economy will be ruined.  I did not expect that.  Hopefully, we will get through this crisis.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Kong Hey Pakboy on January 19, 2021, 03:06:44 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?
Yes even those with high developing countries are affected by the pandemic but is mild compared to the past. Some countries most especially third world countries are slowly recovering and some are still suffering from the crisis. Economical and political status are not stable right now but here in my country all is well aside from those anti government morons that instead of helping the administration survive the crisis they even criticize and throw stones which is very diappointing to me.
I don't think that third-world countries are slowly recovering from all of their suffering in the corona crisis because I also lived in a third-world country. I believe the government is just secretly saying that we are recovering from the situation, for the citizen not to worry.  But as I can see, it does not.

I also hate people who don't cooperate with the authorities or the government. Instead of helping and preventing the spreading of the COVID-19, they still disobey the laws and health protocols; that is why the government is having a tough time handling this pandemic.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Vinaa77 on January 20, 2021, 04:10:58 AM
To some extent, the coronavirus benefits the whole world, people began to use non-cash payments more often, began to value their health and take care of it. Of course, the virus damages the economies of countries, but this can serve to develop the economic system in the future so that this situation does not happen again.
This pandemic will not be finished in the near future, I see the graph that there are still many countries that are dealing with a pandemic because of the continuing transmission. plus the existence of mutations makes the government go the extra mile. Nowadays, many people should understand that this virus is clearly dangerous and realize the importance of living in a normal now where you can obey the rules


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Mauser on February 15, 2021, 10:47:31 AM
To some extent, the coronavirus benefits the whole world, people began to use non-cash payments more often, began to value their health and take care of it. Of course, the virus damages the economies of countries, but this can serve to develop the economic system in the future so that this situation does not happen again.
This pandemic will not be finished in the near future, I see the graph that there are still many countries that are dealing with a pandemic because of the continuing transmission. plus the existence of mutations makes the government go the extra mile. Nowadays, many people should understand that this virus is clearly dangerous and realize the importance of living in a normal now where you can obey the rules

I agree with you, at the current vaccinations rates it's going to take atleast a year to get everybody vaccinated, and even if then it's not guaranteed that there won't be a mutation and we will have to deal with corona every year. We will have to adapt to the new normal. The lockdowns are going to end eventually but who knows how many companies are going to survive.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: bryant.coleman on February 15, 2021, 11:16:56 AM
The pandemic may result in China becoming the largest economy in the world, overtaking the United States. American economy is not looking in good shape, especially with talks of minimum wage being raised to $15 per hour, and stimulus measures amounting to many trillions of dollars. China on the other hand is doing exceptionally well. I can give you a small example.

Here is the list of top-10 highest grossing movies for 2019: https://en.wikipedia.org/wiki/2019_in_film#Highest-grossing_films

As you can see, almost all the movies are from the US (Hollywood).

Now here is the similar list for 2020: https://en.wikipedia.org/wiki/2020_in_film#Highest-grossing_films

A majority of the films are Chinese.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: youdacapt on February 15, 2021, 01:21:24 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

4 months on and i would say that the economical and political status of countries has not change; the first change witnessed is that some countries got poorer; while some got richer. A dominant change that we have witnessed is the change of approach to several things; such as banking services; work from home staffs; crypto currency adoptability and also self cautiousness. Do you agree with me or have additions ?


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: redsun114 on February 15, 2021, 08:48:40 PM
The government isn't considering the crypto market, since he needs to make sure that his peoples are secure from infection first, and afterwards, they'll return to the crypto market.
I imagine that is the motivation behind why bitcoin is expanding.
Governments will not care about the crypto market at all during this period, not for good reasons but not for bad reasons neither. Not for good reasons because they are not part of it themselves and you are basically running away from governments to use crypto and that is why they may never like it, but companies and banks do invest into it so not to piss off their rich friends they do not ban it neither but certainly will not help it neither.

Not bad because they already have a lot of trouble now with the pandemic, and that really made them realize that it is unlikely that they can spare time to do something bad on crypto, they are already handsfull with the pandemic situation so they are working very hard on that, crypto can wait its turn. So long story short this pandemic did really help crypto because governments were busy with other things.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: AndySt on February 15, 2021, 09:36:09 PM
I agree with you, at the current vaccinations rates it's going to take atleast a year to get everybody vaccinated, and even if then it's not guaranteed that there won't be a mutation and we will have to deal with corona every year. We will have to adapt to the new normal. The lockdowns are going to end eventually but who knows how many companies are going to survive.
I think that there is no need to worry about the survival of large companies, because even in the event of serious problems, large businesses can count on the help of the state and the problems that arise can only affect a part of the staff that will be reduced. The sphere of small business connected with the service of the population offline suffers very seriously. The most important thing for them is to live for a few more months, when the restrictions should be relaxed.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: TheGreatPython on February 17, 2021, 08:45:54 AM
I think that there is no need to worry about the survival of large companies, because even in the event of serious problems, large businesses can count on the help of the state and the problems that arise can only affect a part of the staff that will be reduced. The sphere of small business connected with the service of the population offline suffers very seriously. The most important thing for them is to live for a few more months, when the restrictions should be relaxed.
This is where the role of the government starts because they need to make some initiatives to lift their local small businesses and maybe some tax relaxation might help. Everyone has suffered be it entrepreneur, solopreneur or any big industry and how they come out of it is what will be determined by their flexibility and how they operate in the coming time.

Most of the industries started to operate on work-from-home basis but you are right business models where offline work was potent have suffered the most.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Vishnu.Reang on February 17, 2021, 05:19:33 PM
Hello. I was expecting the national banks of each county to intervine and stop the rise of bitcoin. I don't understand the mechanism of this riseing. Only few words count a lot.

Who told you that they are not intervening?

Here in India, they are very close to banning cryptocurrency and making possession of Bitcoin a criminal offense which can be punished by up to 10 years in jail. Other less authoritarian nations are not introducing that sort of draconian laws, but even in these countries the governments are worried about the rise of cryptocurrency. But in most cases, they are intelligent enough to understand that Bitcoin is something that can't be banned.

The main issue for governments is that in countries where the national currency is heavily manipulated, the people are likely to use Bitcoin as a store of value. And unlike other assets such as gold and diamonds, Bitcoins can be easily hidden and transferred from one location to another. If Bitcoins become popular, then the value of the national currencies can go down.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: kolbalish on February 17, 2021, 05:54:19 PM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?
Obviously can and it is already visible to us. This type of pandemic basically held after 100 years and this time it is already spread out the whole world. For this, economy can't perform well. That's why many countries already have seen many problems for the money and in the few places political issues also risen. So there is no doubt that the coronavirus crisis is changing the economical equations around the world.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: darewaller on February 17, 2021, 08:14:14 PM
Hello. I was expecting the national banks of each county to intervine and stop the rise of bitcoin. I don't understand the mechanism of this riseing. Only few words count a lot.
How can national banks stop the rise of Bitcoins? Just by urging people to stop using it won't help because people are smart enough to understand why banks hate Bitcoins and if it was so easy to stop people, all the illegal casinos would have been closed by now. Yes some countries might ban Bitcoin which no doubt will bring the market down in that particular country but still there will be people who hold bitcoins and even trade them silently.

Covid-19 almost proved the worth of Bitcoins and digital payments more than anything because all the stock markets crashed but it was bitcoin market which despite everything around it held strong and now with the virus almost gone, the market has recovered and now touching new heights.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: DrBeer on February 17, 2021, 10:18:43 PM
The problem of today's situation is that we were ready for anything - climate change, financial crises, wars, natural disasters, but not a PANDEMIC that really affects many aspects of our life and leads to the stop of most service businesses, as well as the destruction of communications and interaction between people and entire world industries! The second problem is that nobody knows how to solve this problem. Vaccination - it is still very early to judge the effectiveness, quarantines and lockdowns - only exacerbate the situation ... No one knows what steps will give real results ...


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Sithara007 on February 18, 2021, 04:18:07 AM
The problem of today's situation is that we were ready for anything - climate change, financial crises, wars, natural disasters, but not a PANDEMIC that really affects many aspects of our life and leads to the stop of most service businesses, as well as the destruction of communications and interaction between people and entire world industries! The second problem is that nobody knows how to solve this problem. Vaccination - it is still very early to judge the effectiveness, quarantines and lockdowns - only exacerbate the situation ... No one knows what steps will give real results ...

Are we ready for a financial crises? I am not sure because we didn't had any since 2009. But the ongoing pandemic may result in one. And regarding the other issues such as climate change and wars, there is no concrete solution in sight. Every year the climatic variations are getting more and more unpredictable. And tropical forests continue to vanish at an astounding rate (especially in countries such as Brazil, Indonesia, Congo, Peru.etc), which worsens the climate change and releases new reservoirs of previously unknown pathogens.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: adzino on February 18, 2021, 05:26:23 AM
The problem of today's situation is that we were ready for anything - climate change, financial crises, wars, natural disasters, but not a PANDEMIC that really affects many aspects of our life and leads to the stop of most service businesses, as well as the destruction of communications and interaction between people and entire world industries!
You really think we are ready for the climate change? Sorry, we are not. In fact most don't even care and others can't even acknowledge global warming. This climate change highly likely won't affect us, but the future generation will face the consequences of our negligence. And oh, please don't get me started about financial crisis, wars and natural disasters. If a pandemic can cause such destruction, imagine what the others are capable of doing.
The second problem is that nobody knows how to solve this problem. Vaccination - it is still very early to judge the effectiveness, quarantines and lockdowns - only exacerbate the situation ... No one knows what steps will give real results ...
We know how to solve it but its those dimwits against vaccination and lockdown that is making us lag behind.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Aletheaminlin on February 18, 2021, 07:32:21 AM
I'm starting to suspect that the economy is going to be in a deep slump, right now money flows into all markets like a game of buying and selling, when people move in and they make money. For each other, I think the impact of the epidemic is what affects the global economy. And I think things will get worse if the plague goes on for a while.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Snappycoco on February 18, 2021, 09:17:04 AM
It is clear that this pandemic affects most economies around the globe. Most of the establishments were shutdown during the hard lockdowns occured but after all these, hope are still there.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: mezzaluna on February 18, 2021, 01:26:22 PM
Coronavirus influenced our economy and made a huge difference.
We're experiencing this infection and our government an honest effort to make immunization. Anyway, this pandemic also influenced the digital currency's market and changed it.
The government isn't considering the crypto market, since he needs to make sure that his peoples are secure from infection first, and afterwards, they'll return to the crypto market.
I imagine that is the motivation behind why bitcoin is expanding.


Corona virus will surely influenced third world countries especially when the government is not creating a way to mitigate the effects of the virus to the daily lives of people which includes their jobs and businesses. However, its also not safe to say that the bull run was because of this pandemic but it could only be another way of other people finding ways to look for daily profit and they have found that by learning about Cryptocurrencies and that can be one reason on why Cryptocurrencies are expanding.

I really believe that the Governments should focus on rebuilding their economical status because the Cryptocurrency Issue is another topic for them. Governments should start making moves that they believe will benefit the greater good and not just the selected amount of people.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: DrBeer on February 18, 2021, 04:52:36 PM
The problem of today's situation is that we were ready for anything - climate change, financial crises, wars, natural disasters, but not a PANDEMIC that really affects many aspects of our life and leads to the stop of most service businesses, as well as the destruction of communications and interaction between people and entire world industries! The second problem is that nobody knows how to solve this problem. Vaccination - it is still very early to judge the effectiveness, quarantines and lockdowns - only exacerbate the situation ... No one knows what steps will give real results ...

Are we ready for a financial crises? I am not sure because we didn't had any since 2009. But the ongoing pandemic may result in one. And regarding the other issues such as climate change and wars, there is no concrete solution in sight. Every year the climatic variations are getting more and more unpredictable. And tropical forests continue to vanish at an astounding rate (especially in countries such as Brazil, Indonesia, Congo, Peru.etc), which worsens the climate change and releases new reservoirs of previously unknown pathogens.

The financial crisis is more of a far-fetched problem, although it hurts. Speculative games are the main reason. The overproduction and greed of the companies is another reason. Those. it is a controlled process and not random. We do this ourselves, and we must complain about ourselves. What is happening now is the growing unemployment, the burning of the population's financial cushion, and the destruction of entire sectors of the real economy, and this is a little different from previous crises.

Climate change is a separate topic, and also very "worn out". Deforestation is bad, ocean pollution is bad, air emissions are bad. But real climatic changes do not depend on this. Populism and manipulation perverted the ideology of nature protection and became a tool for solving "their interests". And climatic changes have a completely scientific explanation associated with a cyclical change in the trajectory of the Earth's motion around the Sun. But the assessment of the influence of "man-made" factors on nature - they are very much manipulated. Just compare how much carbon dioxide is generated by the global industry and how much, for example, the world's oceans? You will be surprised - but humanity generates fractions of a percent of "harmful emissions" against the background of natural, natural processes. Although yes, I believe that we should not shit around us, and should create more environmentally friendly technologies.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: SirLancelot on February 19, 2021, 12:19:14 PM
I think that there is no need to worry about the survival of large companies, because even in the event of serious problems, large businesses can count on the help of the state and the problems that arise can only affect a part of the staff that will be reduced. The sphere of small business connected with the service of the population offline suffers very seriously. The most important thing for them is to live for a few more months, when the restrictions should be relaxed.
This is where the role of the government starts because they need to make some initiatives to lift their local small businesses and maybe some tax relaxation might help. Everyone has suffered be it entrepreneur, solopreneur or any big industry and how they come out of it is what will be determined by their flexibility and how they operate in the coming time.

Most of the industries started to operate on work-from-home basis but you are right business models where offline work was potent have suffered the most.
I honestly can't tell you if governments would be willing to let taxes go or they would actually rather spend money. Normally governments all around the world are not that great, most people become politicians with not that much hate in their hearts, they "start" as people who want to help others, but eventually become really bad people by the end when they reach the top.

Taxes are the place where all the money comes from citizens to politicians and politicians could find a way to actually use a huge chunk of that money for their own good and make themselves richer, so cutting down on taxes would be unlikely situation as well, however one thing is for sure, they will want to help you instead, but that help would be very very tiny compared to what people need. So long story short, if you ever need help from politicians, know that it is not going to happen as much as you want, no matter where you live.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: wxxyrqa on February 19, 2021, 04:50:11 PM

I honestly can't tell you if governments would be willing to let taxes go or they would actually rather spend money. Normally governments all around the world are not that great, most people become politicians with not that much hate in their hearts, they "start" as people who want to help others, but eventually become really bad people by the end when they reach the top.

Taxes are the place where all the money comes from citizens to politicians and politicians could find a way to actually use a huge chunk of that money for their own good and make themselves richer, so cutting down on taxes would be unlikely situation as well, however one thing is for sure, they will want to help you instead, but that help would be very very tiny compared to what people need. So long story short, if you ever need help from politicians, know that it is not going to happen as much as you want, no matter where you live.
Recently, officials, as well as the entire government, have practically gone crazy, as they are trying to fix the problems that have appeared due to the economic crisis as a result of the pandemic, at the expense of their citizens. People today are already in poor financial condition, and officials are constantly inventing new taxes so that they have something to steal.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Kong Hey Pakboy on February 20, 2021, 05:18:00 PM
I think every country that has been affected by the pandemic will of course affect the economic status of it. Especially in the first periods of the scattered virus, everything needs to adapt on the abrupt change. Everyone is also affected, and it hurts to see the people who are suffering the most because of forced closing of their business and such. But now, we still have the pandemic but slowly the people are getting back on their feet, of course, the economy too. Though the virus is not entirely eliminated, we have found ways to deal with it and our country may still encounter problems but this time, we can think for better solutions since we are now familiar on this pandemic.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: suvo05 on February 20, 2021, 06:48:16 PM
No doubt about that. Lots of new companies and startups have arisen during the period. Specially the e-commerce and medical companies got benefitted from the situation. The intra-relation between the countries also changed dramatically, which will have a good impact on economical equations as well. The countries are also trying to become self-dependent on different kinds of commercial products, thus several countries have declared different types of economical packages as well.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: AndySt on February 20, 2021, 11:44:21 PM
No doubt about that. Lots of new companies and startups have arisen during the period. Specially the e-commerce and medical companies got benefitted from the situation. The intra-relation between the countries also changed dramatically, which will have a good impact on economical equations as well. The countries are also trying to become self-dependent on different kinds of commercial products, thus several countries have declared different types of economical packages as well.
Despite the emergence of beneficiaries from the pandemic, it should still be recognized that the negative impact on the economy of states is still much greater. If these are new companies and startups designed to work with the epidemic, after the normalization of the situation they will become irrelevant because the economy in extreme situations and the economy in a normal situation are two different things and require different tools.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Sithara007 on February 21, 2021, 03:50:46 AM
Despite the emergence of beneficiaries from the pandemic, it should still be recognized that the negative impact on the economy of states is still much greater. If these are new companies and startups designed to work with the epidemic, after the normalization of the situation they will become irrelevant because the economy in extreme situations and the economy in a normal situation are two different things and require different tools.

I am not sure whether we can say that for sure. The pandemic was beneficial for some, and for some others it's impact was mostly negative. Here in India, most of the IT firms are allowing the employees to work from home ever since the initial lockdown was announced in March 2020. The employees are very happy that they are saving commute time and most of the expenses. But at the same time, those who were dependent on this section (such as cab drivers and owners of the roadside eateries) are now facing a very tough challenge.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: coin-investor on February 21, 2021, 05:14:00 AM
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

Obviously, the answer is yes and the majority have voted yes and many more will vote yes, because the economy is collapsing because of the pandemic, all the countries resources are on controlling pandemic and the lockdown is making the economy go down, I wonder why the vote gets   1 no and 1 do not know when it's pretty obvious.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: aesma on February 21, 2021, 11:36:51 PM
In my country there is no major change. If anything the pandemic has helped the government, despite it not managing it the best (but not the worst either). Social tensions have been put under the rug.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: MUHAMMAD NUR AMANAH on February 22, 2021, 01:19:49 AM
Perhaps this pandemic of the corona virus has affected all the economy, even its way of life has contributed to a change, and in my country the government has done everything possible by injecting people with geratic vaccines to improve this situation, and I think that not only governments should work at this rate, but we should all be part of it by fighting at the same time, perhaps the current economic situation will be quickly overcome But I don't understand why the government still exists to take advantage of this situation for personal gain and the changes that are taking place today are affecting the economy and everyone is clearly feeling the impact of this pandemic and I pray that this situation will just blow over and that we can live a normal life again


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: SmokerFace on February 24, 2021, 04:00:17 AM
Coronavirus influenced our economy and made a huge difference.
We're experiencing this infection and our government an honest effort to make immunization. Anyway, this pandemic also influenced the digital currency's market and changed it.
The government isn't considering the crypto market, since he needs to make sure that his peoples are secure from infection first, and afterwards, they'll return to the crypto market.
I imagine that is the motivation behind why bitcoin is expanding.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Sithara007 on February 26, 2021, 03:53:26 AM
In my country there is no major change. If anything the pandemic has helped the government, despite it not managing it the best (but not the worst either). Social tensions have been put under the rug.

The impact of the pandemic was not uniform. The fatality rate has a wide variation from country to country. In South Asia and South East Asia (especially countries such as India and Pakistan), only around 0.1% or 0.2% of the infected died from the disease. But that was not the case in the EU and North America. There the fatality rate ranged from 2% to 5%. In India, 20% of the population was found to have antibodies to COVID 19 virus according to a recent study. That will mean that around 280 million were infected. But the total number of deaths stand at just 150,000.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: cabron on February 26, 2021, 04:26:39 AM

Well, things had changed already since last year. Our governments are trying to just survive by keeping the economy work, open cities for tourism but they know its not enough. Other countries perform worse.

If it would take long years still which they say this virus will stay up to 2025, we're doomed. The world will be different that China already owns the entire stretch where they build their new Silkroad. Well, at least they just meant business to give help for all not war.


Title: Re: Is corona virus crisis changing economical equations around the world?
Post by: Vishnu.Reang on February 26, 2021, 05:38:44 AM
If it would take long years still which they say this virus will stay up to 2025, we're doomed. The world will be different that China already owns the entire stretch where they build their new Silkroad. Well, at least they just meant business to give help for all not war.

It is just a matter of time before China become the next superpower. United States is on the decline and the ongoing pandemic has accelerated the process. China is perhaps the only country with surplus cash right now. Even the GCC nations have run out of money due to the fall in oil prices. And with the governments around the world increasingly undertaking big spending plans, we will see China taking over large sections of their economies. Already they own a large number of airports, ports and other large infrastructural facilities around the world.