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there's a new narrative emerging that life will never return to normal after the coronavirus pandemic:
what do you think---are entire industries about to disappear because of the pandemic? will some aspects of the economy and general life irreversibly change after this?
or are these people just drama queens who are blowing everything out of proportion? maybe people will forget all about the coronavirus in a couple years time and nothing will change. that's what happened after the H1N1 scare.
I think we will go back on our normal lifestyle. Because we have to, if we didn't go back to the normal economy will continues to go down all the government funds will ve drain and its good to know that China and Russia found a cure for this virus not totally cure but we're going there. Quote
I don't think people realize that there is no normal to go back to anymore.
At absolute minimum:
1) Supply & demand has been reallocated across the economy, with travel & events zero'd out, remote work & masks to infinity
2) Virus permanently changes public behavior
3) Supply chain disruption just starting
Even if the virus did vanish in a puff of smoke and everyone went "back to work", the behavior of billions of people and every country has been permanently changed.
Demand won't quickly come back, borders won't easily reopen, international relations won't be the same.
https://twitter.com/balajis/status/1246151098986983424
At absolute minimum:
1) Supply & demand has been reallocated across the economy, with travel & events zero'd out, remote work & masks to infinity
2) Virus permanently changes public behavior
3) Supply chain disruption just starting
Even if the virus did vanish in a puff of smoke and everyone went "back to work", the behavior of billions of people and every country has been permanently changed.
Demand won't quickly come back, borders won't easily reopen, international relations won't be the same.
https://twitter.com/balajis/status/1246151098986983424
Quote
Which industries will die off first because of pandemic?
The obvious one for me is the movie theaters but what else?
https://twitter.com/needacoin/status/1246191483746574337
The obvious one for me is the movie theaters but what else?
https://twitter.com/needacoin/status/1246191483746574337
what do you think---are entire industries about to disappear because of the pandemic? will some aspects of the economy and general life irreversibly change after this?
or are these people just drama queens who are blowing everything out of proportion? maybe people will forget all about the coronavirus in a couple years time and nothing will change. that's what happened after the H1N1 scare.
