Corona has killed economy of many businesses

[Vishnu.Reang]

I think many businesses killed economic by Corona virus and almost country have got their money value down, many people panic with Corona virus situation because thousand people around the world get corona and many of them was pass away, we can see how drastically cases in Italy every day.

Here in India, the number of confirmed cases are still very low (<200). But the economy has come to a standstill even in rural areas. Almost all the restaurants are closed, and movie theaters and shopping malls are not going to open for the next 1-2 months. IT employees like me are now working from home and most of the migrants in big cities have gone back to their towns and villages. And there is hardly any traffic in the roads, as people are venturing out only in case of extreme emergency. Now imagine how much impact this can have on the economy.

[Subbir]

I accept as true with you but it isn't just India No Italy Spain Spain Iran has stopped everything in many places round the world and therefore the economics of each country is now under threat. the standard people live a way poorer life they can't get out Business is closed to business and therefore the economy is slowly declining But if it's possible to stop it then everything will return to its original place.

[fiulpro]

I don't think it is the economy that we should be worried about , it is actually the people.

People make the nation , they make the economy , if people are going to be sick and the government keeps ignoring the fact that is for the welfare of the people not to  actually use people , it would be able to do more good for everyone .

The economy is dependent on the people , if people are not healthy enough to work , they won't be able to support the economic.

[matchi2011]

I don't think it is the economy that we should be worried about , it is actually the people.

People make the nation , they make the economy , if people are going to be sick and the government keeps ignoring the fact that is for the welfare of the people not to  actually use people , it would be able to do more good for everyone .

The economy is dependent on the people , if people are not healthy enough to work , they won't be able to support the economic.

Correct the entire economy relies on how the people around are working together, with such unhealthy society the economy will suffer. It's needed to have good communication between the government and the people who are working and helping the entire industry. It should be well balance.

[hahay]

I think the time to make sure this problem will end cannot be ascertained and also, about the antidote itself seems to still not get the right formula so far but even so, at least the drug or antidote for this corona continues to be developed and we can only hope for the best because it is very clearly, if this problem cannot be resolved as soon as possible then the global crisis will definitely make the situation worse.

[BuNga_cute]

Indeed the reality is like that, an economic crisis occurred because some businesses suffered losses due to the effects of
the corona virus. I am who have a business in the food sector affected by the corona virus, were forced to close my business.
Because my country's government does lock down for two weeks. If the corona virus is not immediately stopped its will be
very dangerous for the world economy. It can even increase poverty, because many business owners go bankrupt.

[Wintersoldier]

Indeed the reality is like that, an economic crisis occurred because some businesses suffered losses due to the effects of
the corona virus. I am who have a business in the food sector affected by the corona virus, were forced to close my business.
Because my country's government does lock down for two weeks. If the corona virus is not immediately stopped its will be
very dangerous for the world economy. It can even increase poverty, because many business owners go bankrupt.

Indeed. Most businesses have stopped due to these global pandemic of the corona virus that only pharmacies and markets are the only ones that are not forced to close because people needs these establishments to provide the things that they need while they are staying inside their homes.

[Bezobraznike]

Indeed the reality is like that, an economic crisis occurred because some businesses suffered losses due to the effects of
the corona virus. I am who have a business in the food sector affected by the corona virus, were forced to close my business.
Because my country's government does lock down for two weeks. If the corona virus is not immediately stopped its will be
very dangerous for the world economy. It can even increase poverty, because many business owners go bankrupt.

Indeed. Most businesses have stopped due to these global pandemic of the corona virus that only pharmacies and markets are the only ones that are not forced to close because people needs these establishments to provide the things that they need while they are staying inside their homes.

   Today the president of my country said that this situation will last for 6 weeks or more. 6 weeks is some minimum, and that is
long. After two weeks many people lost a lot of money, some lost their jobs, everything is closed, and economically situation will
get worst than it's now.
   But we can't do anything except to stay calm and to try to survive. I wish good health to everyone, each of us will lose some
money, but it's better to lose some money than to lose life or someone close.
   

[Kasabus]

Indeed the reality is like that, an economic crisis occurred because some businesses suffered losses due to the effects of
the corona virus. I am who have a business in the food sector affected by the corona virus, were forced to close my business.
Because my country's government does lock down for two weeks. If the corona virus is not immediately stopped its will be
very dangerous for the world economy. It can even increase poverty, because many business owners go bankrupt.

We maybe owners of businesses or just simply consumers, we have no control of the situation so we should know how to abide with the rules of the government. It's not totally bad if our businesses were killed at the moment but atleast we still have chances to get back once this virus will be totally killed making the flow of the market gets normal again.

[WoopDeBoop]

now we kinda provocative a real big crisis cause they closed a lot of things almost till may and the things is if they think social distance is the only cure we are f"ked

[Gozie51]

Economy suffers when there is a crisis.

To enrich the few whose business won't be affected by such crisis. In this case now, the medical department are benefiting because the world needs medical equipment to tackle the corona virus. Medical products and facilities have gone on the high side but I believe that soon things will get normal again and coins will begin to rise.

[Magkirap]

Indeed the reality is like that, an economic crisis occurred because some businesses suffered losses due to the effects of
the corona virus. I am who have a business in the food sector affected by the corona virus, were forced to close my business.
Because my country's government does lock down for two weeks. If the corona virus is not immediately stopped its will be
very dangerous for the world economy. It can even increase poverty, because many business owners go bankrupt.

We maybe owners of businesses or just simply consumers, we have no control of the situation so we should know how to abide with the rules of the government. It's not totally bad if our businesses were killed at the moment but atleast we still have chances to get back once this virus will be totally killed making the flow of the market gets normal again.

Indeed, our safety and health is more valuable now than any business because our business is nothing if were not in good shape so in this kind of situation you should not double think about choosing your business. Yes there is a possibility for business owners to be bankrupt but the fact that they are running business they have spare money, what bothers me is those people who only get money from working and now that lockdown is implemented in lots of countries how will they cope up with this?, business is nothing without consumers so best way to beat this virus and this crisis is to be there for one another, business can back later on but now humanity is what needs to be seen in everyone of us.

[inanilujimi]

even schools in my country have been temporarily disabled, so there is no wider spread of the virus.
there is no definite time when it will return to normal again.
hopefully as soon as possible a cure for covid 19 is found so that the current fears and anxieties can be overcome.

[dothebeats]

Almost every business in the world currently is operating at a loss. Luckily we have a lot of caring business magnates donating for a cause despite losing millions every day due to the conditions offered by the pandemic. It might take a month or two before this pandemic is cleared on every coast, but til then the economy would suffer for a short while and hopefully recovers.

If there's one good thing this pandemic caused, it is that the world breathed quite a bit and carbon emissions were significantly reduced, apart from humanity working together for a common cause despite their political differences.

[YOSHIE]

How long will it last?

no one knows for now how many days Corona lasts and for how many more years, it is certain that the virus kills hundreds of people every day, not knowing the poor and rich, officials and commoners, every human being infected there are two choices to die and recover if handled faster by the doctor.

What's the antidote for Corona?

the offer is not available at the moment, only prevention is available, washing hands during activities, avoiding contact and close conversations with strangers, keeping clean and food, consuming lots of fruit and vegetables.

For now everything is chaotic in all countries people can not go to the office in general activities, only at home and in the immediate environment, people have begun to panic now to deal with the C virus.

[BlackFor3st]

We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

It will only last once the vaccine will be discovered but as of the current situation it will take like more than 1 year to fully develop the corona vaccine so we can expect that it will continue to kill the economy of every country that will be hit by this virus. There are many countries that impose a total lockdown in their area in order to prevent the further cases to multiply but the effect to the economy to this move will be very fatal.

The same in our country, the economy really shrink in just a a short period of time because of the lockdown that was being imposed by our government. This virus is not a joke and it will surely kill a country if a country will not impose a strict rules that will help to lessen the infected persons like a total lockdown and etc.

[metenjean]

many businesses have work killed by Corona virus and get bad impact so far with many people lost much their investment because almost all of investment way drop, now bitcoin as payment currency have faced reality where price increase down after Corona virus cases.

[harles9]

The antidote for Coronavirus doesn't exist, but scientists are working on it now. So I hope that in a couple of months the pandemic will be over.

[Janation]

Indeed so many businesses are affected right now I think every business are being affected,
The only business that is doing great right now is the medical and food fields other business are losing some profit.

All of them are being affected and despite people needing food and medical supplies, they are also affected.

Food businesses are also affected negatively since because of the lockdown, they can't really manufacture foods that easily. Their workers/employees are at their homes with the quarantine. In terms of the medical field, they are having a shortage now to alcohol and face masks which are the most needed of people nowadays.

[FanEagle]

The thing is, small business' can't survive this because they are not getting the bail out the big ones are getting and that is the biggest trouble here. Why does a government exists? To help its people when in need right?

I am not expecting socialism from the whole world but when the things are getting as horrible as it is right now all of those taxes we paid should not be going towards saving the huge corporations that eventually takes up more money to save than saving a million people, so maybe instead of saving them and giving them tax breaks and letting their debts be free and not taking rent or whatever in the end, we should instead focus on saving millions of peoples economy and maybe we wouldn't have this horrible thing coming our way thanks to it.