The Economy around the world will be very bad in April to May 2020!!!

[Chrystora123]

first of all, I made this topic not to spread fear, I made this topic with the aim that we are all more anticipated!!

WHEN IS RAMADAN?
Ramadan 2020 is expected to begin on Thursday evening, 23rd April, 2020 (according to Saudi Arabia) and will end on Saturday, 23rd May, 2020. The exact timing is based on the sighting of the Moon.

WHAT IS RAMADAN?
Ramadan is the ninth month of the Islamic calendar. It is considered a holy month that honors the time when Allah, via the angel Gabriel, revealed the first verses of the Qur’an, the holy book of Islam, to a caravan trader named Muhammad.

Beginning at puberty, all Muslims (with certain exceptions, such as if one is ill, traveling, pregnant, elderly, etc.) take part in the month-long sunrise-to-sunset fast that is the hallmark of Ramadan. Muslims believe that fasting cleanses the body, and the practice reminds them of the suffering of the poor.

Eating and drinking (including water) is prohibited from sunrise to sunset, and the day’s abstinence is offset by a pre-dawn meal called sehri and a nightly meal known as iftar. For iftar, many traditionally break the fast by first eating dates, as the Prophet Muhammad is believed to have done to break his fast. Foods traditionally served at iftar vary; one such dish is the Kurdish Hot-and-Spicy Red-Lentil Soup. Food is often shared with a poor family during Ramadan.

At the end of the 29- or 30-day fast (depending on the length of the lunar cycle) is Eid al-Fitr (Festival of Breaking the Fast), when there is much feasting and celebration.

Source: https://www.almanac.com/content/when-start-ramadan

currently Muslims around the world number around 1.8 billion people https://en.wikipedia.org/wiki/Muslim_world and the Covid-19 vaccine, or what we know as the Coronavirus that we know attacks the immune system, has not yet been discovered.

when Muslims do fasting in the month of Ramadan then automatically their immune system decreases, it is certain that those who fast will be more susceptible to disease, especially Covid-19.

Muslims, of course, is faced with the choice of fasting or not, but I think these conditions will cause tremendous economic turmoil, do you agree with this?

I hope you all prepare for all the worst possibilities that will occur over the next 3 months

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[btcltcdigger]

Islam teaches people to fast, but they do it only when it's not in direct contradiction with their health.
Meaning that many Imams will teach and tell their people to eat in these troubled times.

Yes, there will be fanatics who will stick to the fasting, but hey, to each their own.

Besides, Hajj will be cancelled this year https://www.alaraby.co.uk/english/indepth/2020/3/9/could-the-hajj-be-cancelled-because-of-the-coronavirus

[exstasie]

I don't see much connection between Ramadan fasting and the corona virus. People are grasping at straws looking for reasons to panic now.

The fear is totally overblown. Testing is now revealing lots of asymptomatic cases which suggests the mortality rate is significantly lower than previously thought. The corona virus is hardly more dangerous than the common flu. Even though people now expect the worst, I think our "return to normal" begins soon.

From a TA standpoint, it's currently a tossup. We haven't exactly confirmed the 200-week MA as support yet, or formed a reliable V-bottom. If/when that happens, my mid term outlook (for the next few months) becomes neutral-bullish: https://bitcointalk.org/index.php?topic=5196072.msg54020305#msg54020305

[Findingnemo]

If people are going to be in fasting or not the first and second quarter of 2020 will be a very bad and high chance for a recession so no need to tie things with religion now. But I don't think their religion wants people to do fasting when their health is not good so more people will choose to make their health better to fight with the disease.

We are getting more panic than how much it supposed to be. Don't fight for toilet papers and sanitizers guys.

[Eduarop]

Frankly speaking, I was expecting something like that. But I think people are more worried about the coronavirus now than they are about the crisis

[Harlot]

Ah..... NO!!!! Fasting does not lower the immune system but it technically resets in a sense that new white blood cells to replace the old ones, so basically it is a way to regenerate and make your immune system stronger thus simply not make you vulnerable to any diseases. Also other than Muslims other people from around the world voluntarily fast from one meal a day, intermittent fasting, Low-carb fasting, and several other but I haven't seen any reports that specifically say that fasting has made them more vulnerable to the COVID-19. If you don't believe me here is an article from Forbes that talks about it. If you don't want to spread fear in the market just do some research first and get your facts straightened up so that you don't misinform them.

[Darker45]

As regards economic turmoil, we have it already right now with or without ramadan. The virus has contributed a huge factor in our falling economy, but not the choice of muslims whether they will fast or not.

Those who participate in the fasting still have the option to eat a lot and take supplements and medicines at the appropriate hours of the day. And regardless of whether a muslim is fasting or not, if he/she is observing the proper hygiene and other necessary actions such as avoiding contact with other people or practice social distancing to protect themselves against getting infected, they will always be far from getting the virus.

So, in general, this has nothing to do with ramadan.

[avikz]

There is one technical mistake - COVID-19 attacks the respiratory system and not the immunity system of human body. There are hundred of people recovered from COVID-19 early cases where the main medication was given to boost their immunity system.

Economic turmoil is already happening and it seems like even worse than the 2008 crisis, at this moment. If you look at the stock markets around the world, it is only showing signs of decline. Workplaces are empty as majority of the companies have given work from home, factories are shut and rumors are all around. Ramadan will not make the situation worse. The current economic situation is called "Stagflation" and there's no easy way to get out of it! Do a google search on it!

[thesmallgod]

I don't see much connection between Ramadan fasting and the corona virus. People are grasping at straws looking for reasons to panic now.

The fear is totally overblown. Testing is now revealing lots of asymptomatic cases which suggests the mortality rate is significantly lower than previously thought. The corona virus is hardly more dangerous than the common flu. Even though people now expect the worst, I think our "return to normal" begins soon.

From a TA standpoint, it's currently a tossup. We haven't exactly confirmed the 200-week MA as support yet, or formed a reliable V-bottom. If/when that happens, my mid term outlook (for the next few months) becomes neutral-bullish: https://bitcointalk.org/index.php?topic=5196072.msg54020305#msg54020305

It might be less dangerous than common flu but the rate at which it spreads is too fast and that is part of the reason why WHO has termed it to be pandemic. I see the connection between fasting and the virus because people fasting might be at high risk. I want to believe during fasting, Muslims consumes a lot of fruits, vegetables, and dairy products and by the way, just like the op has stated the immune system will always be weaker which means there might be high mortality rate for some that contract the disease during the period

[Afzalsheikh]

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[Chrystora123]

I don't see much connection between Ramadan fasting and the corona virus. People are grasping at straws looking for reasons to panic now.

I just think that Muslims in my country is known to be very obedient, and this is what I think will be a link between corona and fasting,
I just found out that there will be a possibility like what is said @btcltcdigger

Meaning that many Imams will teach and tell their people to eat in these troubled times.
Yes, there will be fanatics who will stick to the fasting, but hey, to each their own.

We are getting more panic than how much it supposed to be. Don't fight for toilet papers and sanitizers guys.

this is very difficult bro.. some people like us are aggressively saying don't panic, I myself keep saying don't panic in my social media accounts but the majority of the public are very panicked about this.

snip..

this is very useful, I personally have never fasted, so I just thought because many heads of state around the world advised their citizens to keep the body fit, and I think the current situation is very different from usual because again, psychological conditions and fasting people's minds will definitely greatly affect their body and immune condition.

[Wexnident]

I dont think the title is quite fitting for the topic. Sides, to each their own, not like Muslims fasting is gonna make the economy any worse than it already is right now causing of the virus. At most, more possible victims are to be listed, but that's it. And really, there's no difference between someone fasting and someone not fasting. They'd both still get infected as long as someone infected is near them. If not fasting was a cause for people to not get infected, then why the hell did the virus even start spreading no? And at such a wide scale at that. Besides, fasting is a diet done to boost your system, as for the specifics I don't really know much, but it isn't a negative thing. Look it up tbh, you'd see the benefits of it.

[Finestream]

At this time of crisis, I think we should listen to the government, I am not a muslim but I know they are strong with their faith and in our country, the government has advice us not to join any gather especially masses, maybe their leaders will try to adjust based on the situation as it's not a normal situation in the world that they will be facings comes that time, in times like this, the directives of the government is more important to be followed.

I can see the possible worst effect of this virus, but I am hoping our economy will recover soon and this virus will be contained the soonest.

[travwill]

Nothing wrong. If people follow the necessary precautions prescribed by the world health organization, their chances of infection even in Ramadan will be minimal.
However, I am sure that, like in Iran, in some other Muslim countries, there are fanatics who are ready to lick anything by proving that Allah will protect them.

[awik p]

Nothing wrong. If people follow the necessary precautions prescribed by the world health organization, their chances of infection even in Ramadan will be minimal.
However, I am sure that, like in Iran, in some other Muslim countries, there are fanatics who are ready to lick anything by proving that Allah will protect them.

as the seasons change, the virus will disappear by itself, and I think trust is indeed needed, prayer is also needed, but trying to prevent it will be better, if we just pray without trying to prevent it as well as suicide, and that is prohibited in religion

[The Cryptovator]

Current situation isn't tied to religion. Due to COVID-19 epidemic world economy is collapsing. So there is more chance of collapse if we can't control this COVID-19 epidemic. For me, I think it's not related with Ramadan or fasting. Since muslims will fasting that time they have rare chance to effected by COVID-19 in my opinion. Because they can't eat whenever they want and they will able to use mask full days and could clean themselves more than normal days. So probably they will more safer than before.

[criza]

Current situation isn't tied to religion. Due to COVID-19 epidemic world economy is collapsing. So there is more chance of collapse if we can't control this COVID-19 epidemic. For me, I think it's not related with Ramadan or fasting. Since muslims will fasting that time they have rare chance to effected by COVID-19 in my opinion. Because they can't eat whenever they want and they will able to use mask full days and could clean themselves more than normal days. So probably they will more safer than before.

Even though Muslims covers a percentage in the worlds population, I don't think it would impact the standing of world economy to less because, crypto community is still a lot more when compared to them especially when it is not also sure that corona virus would be greatly afflicted to them in time of Ramadan or the fasting. Maybe, what might happen will be the opposite because, they would be more disciplined cleansing their mind and body of toxicity that would greatly benefit their health.

[btc_angela]

I think our Muslims brothers are already adopted to this fasting, so I don't think that they will immediately lower their immune system. I myself once tried intermittent fasting, and I didn't get sick or have suffered any health breakdown. So I doubt that your theory has some substance, just saying.

[Findingnemo]

We are getting more panic than how much it supposed to be. Don't fight for toilet papers and sanitizers guys.

this is very difficult bro.. some people like us are aggressively saying don't panic, I myself keep saying don't panic in my social media accounts but the majority of the public are very panicked about this.

People are afraid of their death so they want to keep themselves away from coronavirus but mortality rate of this disease is literally small compared to other deadly diseases. So things are getting exaggerated about coronavirus. Make your immune system stronger then you won't die but high chances of fell into sick if you don't maintain your hygiene that it.

[Artemis3]

Both China and Cuba have claimed to have a vaccine and medicine. An Australian team also reported success identifying key elements for immunity.

My main concern would be crowds getting close together, someone coughing in a mosque would spread the virus very quickly.

The fasting has nothing to do with it, since this is a daylight fasting done every year for about a month, they still eat at night.

And Ramadan does not affect the world economy in anyway, the thread title makes no sense.

In my opinion by the time Ramadan comes, the situation will have been controlled worldwide.