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Author Topic: Corona has killed economy of many businesses  (Read 3393 times)
Ozero
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March 21, 2020, 09:36:33 AM
 #81

How long will it last? What's the antidote for Corona?
Currently there is no telling when will it end but hopefully scientists and doctors around the world are doing their best to finish an antidote, vaccine and cure for this virus. Yes it crashes businesses but what can we do about it? Economy suffers when there is a crisis.


The spread of coronavirus will not last long. The US and Italy have already successfully begun testing the vaccine against this virus. In addition, there is an effective use against coronavirus and a number of existing medications, including from rheumatoid arthritis.
Good news also comes from China. Over the past two days, not a single new case of coronavirus has been registered there.
Some enterprises now really cannot fully work, since maximum quarantine measures have been introduced for people. Nothing, difficult times will soon pass and the economy will recover again.

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March 21, 2020, 10:14:22 AM
 #82

Other country claims to have the vaccine for this particular virus that means that this will end up sooner, the thing is that we don't know when.
That is why we don't need to lose our hopes and this crisis may over shortly if we also cooperate with what the government and WHO tell us to do.

Small business partners must also have to understand the situation. They can suffer the losses but much more losses if we continue to open without transactions happening. May we think that big business institution survives but we can't deny how much money also they lose for this time. We all are affected by this, its either small or big business groups still in the struggle.



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Rainbot
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March 21, 2020, 01:19:57 PM
 #83

Other country claims to have the vaccine for this particular virus that means that this will end up sooner, the thing is that we don't know when.
That is why we don't need to lose our hopes and this crisis may over shortly if we also cooperate with what the government and WHO tell us to do.

Small business partners must also have to understand the situation. They can suffer the losses but much more losses if we continue to open without transactions happening. May we think that big business institution survives but we can't deny how much money also they lose for this time. We all are affected by this, its either small or big business groups still in the struggle.
Businesses are really struggling very hard during this time, this is an unintended incident of everyone, responsibility on this issue does not belong to any side, partners and companies will understand their common problem, they will definitely try to help each other to limit the damage during this period. Big or small losses, time will soon recover for all but if forced to operate during this time, health risks are too great, money will continue to be created if we have health but this will never mean the opposite

adzino
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March 21, 2020, 01:30:42 PM
 #84

Other country claims to have the vaccine for this particular virus that means that this will end up sooner, the thing is that we don't know when.
That is why we don't need to lose our hopes and this crisis may over shortly if we also cooperate with what the government and WHO tell us to do.

Small business partners must also have to understand the situation. They can suffer the losses but much more losses if we continue to open without transactions happening. May we think that big business institution survives but we can't deny how much money also they lose for this time. We all are affected by this, its either small or big business groups still in the struggle.
Lol at those countries that claim to have vaccine for the virus. Even if they do have it, there is no guarantee that its going to work. A vaccine has to go to trial and it takes more than 8 to 12 months before it can be used and accepted globally. So don't expect to start using those vaccine anytime soon. Even to make things faster, the government decided not to do animal testing and directly try it out on humans.
This loss is nothing compared to the loss we will be facing when the whole world gets infected.

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awik p
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March 21, 2020, 03:08:01 PM
 #85

Other country claims to have the vaccine for this particular virus that means that this will end up sooner, the thing is that we don't know when.
That is why we don't need to lose our hopes and this crisis may over shortly if we also cooperate with what the government and WHO tell us to do.

Small business partners must also have to understand the situation. They can suffer the losses but much more losses if we continue to open without transactions happening. May we think that big business institution survives but we can't deny how much money also they lose for this time. We all are affected by this, its either small or big business groups still in the struggle.
Businesses are really struggling very hard during this time, this is an unintended incident of everyone, responsibility on this issue does not belong to any side, partners and companies will understand their common problem, they will definitely try to help each other to limit the damage during this period. Big or small losses, time will soon recover for all but if forced to operate during this time, health risks are too great, money will continue to be created if we have health but this will never mean the opposite
at times like this of course most businesses experience a setback, with the limited space for people to work, of course, makes companies unable to produce their goods, even though goods can be produced, of course it will be difficult to market. so stay afloat and hope that the plague will quickly get better


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March 21, 2020, 03:17:26 PM
 #86

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?
True Big or small business are being affected by this virus it is killing the business industry of course medical business is excluded.
I think it would take us so long before we recover from this event I am not talking about crypto I am talking about the business who have been seriously damage by the lockdown due to the virus.

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March 21, 2020, 03:23:00 PM
 #87

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?
True Big or small business are being affected by this virus it is killing the business industry of course medical business is excluded.
I think it would take us so long before we recover from this event I am not talking about crypto I am talking about the business who have been seriously damage by the lockdown due to the virus.
But in my opinion, small businesses are more affected by the current situation. Imagine they are not operating for less income that what the big businesses does and the fact that big businesses can survive the breakdown from various plans already set the small ones aside. As for recovery, to assume is too early as of now as the virus is spreading at rapid rate. Our government's estimation is from 6 months to 1 year recovery after also months/ a year of lockdown. The problem is very huge and serious now.

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March 21, 2020, 06:57:42 PM
 #88

I opened a car wash business and in the last few weeks my income dropped by 100%, the government in my country imposed "Half Lockdown", so offices and schools were canceled, the effects of Covid-19 were truly extraordinary.

How long will it last? What's the antidote for Corona?
for sure.. no one will know how long this pandemic will end but based on the information I got from the news, that currently, researchers are working hard to find the antidote/vaccine from Covid-19.  we just pray that hopefully, good news will emerge..

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March 21, 2020, 10:00:42 PM
 #89

I opened a car wash business and in the last few weeks my income dropped by 100%, the government in my country imposed "Half Lockdown", so offices and schools were canceled, the effects of Covid-19 were truly extraordinary.

How long will it last? What's the antidote for Corona?
for sure.. no one will know how long this pandemic will end but based on the information I got from the news, that currently, researchers are working hard to find the antidote/vaccine from Covid-19.  we just pray that hopefully, good news will emerge..
This goes to show that apart from large establishments and developed names in the industry losing dollars due to this coronavirus pandemic, it is the small businesses like this who really will receive the punch in the gut. They're basically the frontliners, and without them assisting any customer, what good are they for? So that's my 50 cents regarding this issue. And instead on focusing on things you can't do or control anything with anymore, try looking for alternatives. Maybe stock up on bitcoins now. It's really cheap.
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March 21, 2020, 11:33:09 PM
 #90

As the vaccine has not been discovered yet, the more our economy will suffer, everyday the number of infected people has been rapidly growing and though a specific countries are only affected but still globally it would affect the economy as most of the affected countries are major economic leaders in the world.

The only solution to this market struggle now is to find the cure for the virus, then everyone can do their usual things and together we will help our economy to recover.
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March 22, 2020, 12:31:42 AM
 #91

As the vaccine has not been discovered yet
US already did their first vaccination trial actually, let's just wait what result it could bring to them. If it will be positive then good for us — if we could not kill the virus for now then having a shield against it is a huge help Smiley.
the more our economy will suffer, everyday the number of infected people has been rapidly growing and though a specific countries are only affected but still globally it would affect the economy as most of the affected countries are major economic leaders in the world.
That was sad to know. Though rich countries such as China and Japan are now recovering, small countries who are infected as well are just starting to mature. Plus with undisciplined countrymen, the rate of spreading rises Sad.
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March 22, 2020, 01:43:49 AM
 #92

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?
Now the people who infected in Chinese have been reducing, the health workers have an antidote to dope the people who infected.

I hope this news will be good information and push many people to don't thinking and feel burdened with this virus.

Because as we know this virus will hit the people who have low immunity cells, for those who have good immunity they will be hard to be infected.

I have been felt how this virus makes my income reduced, I don't have any work right now and the economy in my country has started to decline.

And yeah, there is no one who will know when this pandemic end and the situation back to normal. 



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March 22, 2020, 02:02:47 AM
 #93

As the vaccine has not been discovered yet, the more our economy will suffer, everyday the number of infected people has been rapidly growing and though a specific countries are only affected but still globally it would affect the economy as most of the affected countries are major economic leaders in the world.

The only solution to this market struggle now is to find the cure for the virus, then everyone can do their usual things and together we will help our economy to recover.
China's casualties is now getting better as they already find something to contained and fight back the virus, if this solution will be proven to
resolve this pandemic virus then the market will be on it's way to bounce back.
We only need to wait and keep holding as long as we still have the capabilities good thing will come after this downfall..

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March 22, 2020, 02:24:01 AM
 #94

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?
Now the people who infected in Chinese have been reducing, the health workers have an antidote to dope the people who infected.

I hope this news will be good information and push many people to don't thinking and feel burdened with this virus.

Because as we know this virus will hit the people who have low immunity cells, for those who have good immunity they will be hard to be infected.

I have been felt how this virus makes my income reduced, I don't have any work right now and the economy in my country has started to decline.

And yeah, there is no one who will know when this pandemic end and the situation back to normal. 


I believe that the situation will be back to normal if there will be commercial vaccine that will be available to everyone. But we are counting months and months from now as they are still in the trial phase. If people  will get a shot of this vaccine, people will be more confident in going out and return to business. But til then, I don't think we will be seeing the normalcy very soon.
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March 22, 2020, 09:26:11 AM
 #95


Indeed, when the virus are appeared and spread all over the countries, the presidents has an ordered to stop all the unessential business without related in health or people need. So that many businesses are shutdown now. This order can prevent the virus from spreading because the virus has a high rate of spreading when in crowded places that's why the government has ordered it. The thing that we contribute in these cases is to keep ourselves clean and strong for the virus.

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March 22, 2020, 01:14:25 PM
 #96

Ii have different opinion with Corona virus although killed many business but other side we can buy and invest with some project when price down, maybe without corona virus we can get buy and invest with bitcoin in lower price and bitcoin keep on higher price above $10,000.

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March 22, 2020, 01:32:33 PM
 #97

As the vaccine has not been discovered yet, the more our economy will suffer, everyday the number of infected people has been rapidly growing and though a specific countries are only affected but still globally it would affect the economy as most of the affected countries are major economic leaders in the world.

The only solution to this market struggle now is to find the cure for the virus, then everyone can do their usual things and together we will help our economy to recover.
It is the reason why there are market crashes in different financial instruments. Right now many stocks, indices and cryptocurrencies are continuing to go down because of the pandemic. There are now many businesses and establishments that are forced to close because of the virus that can continue to spread. I know that the market will recover again after this crisis.

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March 22, 2020, 01:48:56 PM
 #98

At the moment we can only try to predict how is this going to end, with how much damage but true situation and all the consequences will be visible few months after all this ends. However, I'm afraid that we will have long term bad influence on economies that will be not so easy to repair. This might be the final trigger for world recession and no one can't tell how long is this going to last.

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March 22, 2020, 02:17:12 PM
 #99

Even though there are still no confirmed or effective antidote for the Corona virus or the ncov-19, we could see positive events happening around the globe. One by one countries begins to understand and becomes cooperative in fighting the virus. People need to abide in the regulations of the Government for orderliness and unity. Like in China, news tells that gradually they are now recovering from it, even with no antidote, just by quarantining people that are infected, little by little, rate of infection or the spread of the disease has decreased.

Sooner, I believed that we will overcome this virus once and for all and hoping for a gradual recovery also in the economic part of the society.

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March 22, 2020, 05:10:44 PM
 #100

It's true. And someone needs it very much that they decided to take such a step so that people die for the sake of some money that will not remain with you, unlike karma.
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