Corona has killed economy of many businesses

[bearexin]

Many people downplayed the seriousness of this virus. At the earlier time I would always see people that are using it crack jokes and not taking it serious. But, now they have seen how serious it is and they are now afraid of it. Most of our governments messed up pretty badly, if they were able to secure their borders and restrict travels, maybe this wouldn’t have spread out like this and it wouldn’t be this serious by now.

Moreover as for businesses, this is only going to be for a short time, it’s not going to be a permanent case. It’s definitely going to come to an end and the businesses that have crashed now will also recover.

[Aiseeyouu55]

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?

Here in our country too almost all those leading businesses have all drop in the stock market. There are a lot of rumors and conspiracy about this corona virus that it is a weapon that they are experimenting and then it gone wrong then spreads but i dont know what to believe right now. My concerns is of course the people the whole world. We cannot go outside unless we are front liners which are the modern heroes. But because of this business are going broke even our cryptocurrencies. I hope this will end soon because cryptocurrency can always goes up when people are safe but those small business and labor workers that cannot go to work might starve to death.

[wozzek23]

Yep a lot of people are going through losses due to this pandemic that has taken the world all of a sudden.

There are lots of businesses and stocks that has been affected and the one that has frequently been on the news ever since this outbreak is the Dow Jones. Apart from that we have others like Tesla Inc., DAX, S&P 500 index, Nasdaq and so many of them has been affected by the corona virus.

A lot event’s has stopped till next year, there are no more gatherings and musicians are no longer going on tours, and so many other things has been shut down completely.

[JoMarrah Iarim Dan]

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?

To be honest, at first I did under estimated corona virus. I am not the kind of person to buy alcohol and used it everytime nor buy mask to be used daily. I just focus on my work. But now, I am so afraid of what will happen next. I am so afraid that every time I go out of my house I am carrying the virus. The virus spread rapidly and countries all over the are turning into lock down. What a relief. No one knows when it will last. But every day, the economy losses their community and ofcourse the business. What will happen to underdeveloped countries if they were hit by this ?

[panganib999]

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?

Yes, you are right here but matter of sorrow that there is no antidote yet for COVID-19. It was astonishing that at present scientific world men are going to death more and more with a virus!! Again news that COVID-19 changing its DNA so that initial medicine did not working. It is so worried matter now.

Finally nobody does not know when it will cure and economy as well as.

Yes, indeed COVID-19 affects a lot of businesses except pharmacies but for sure after this quarantine and 0 confirmed cases the affected businesses will definitely back to normal. This is just some down part of businesses but it will not be the end of it. Also, it is true that there is no antidote or cure for this virus now but some of the scientists and researchers in different countries are now formulating and testing the vaccines and I hope that they will create it soon as possible, because if this lockdown will be extend for couple of months or worse a year it would be possible now for the end of some business and eventually the economy will collapsed.

[BitcoinTurk]

The economy has come to a halt due to the Corona virus, and companies in many parts of the world have been forced to suspend their production. It can be said that the virus did not do much, except to accelerate the financial crisis, which is actually expected to happen. Although the corona virus was shown as an excuse, many economists have already stated that they are expecting such an effective crisis, and this expectation has come true much earlier thanks to the virus. Not only businesses but world markets have come to a halt, and we can see that global markets are losing seriously day by day. I do not know how long the virus event will last, but I am sure that the economic damage it will cause will be effective for a long time.

[Vishnu.Reang]

No one knows when it will end. Headlines like "coronavirus cure found" have mushroomed since February, but working on vaccine may take 6 to 8 months. I can't accept a statement that corona killed the economy. It wasn't merely panic around the virus.

It is very hard to create a virus against these viruses. Because they mutate very rapidly. Even if you come up with a vaccine against the COVID 19 strain, a few months later another mutation can appear and the vaccine will have no impact on it. And with the virus infecting almost 700,000 people till now, I think that mutations may have already occurred. By the time the scientists come up with a vaccine, it may not even be effective against the virus.

[Japinat]

No one knows when it will end. Headlines like "coronavirus cure found" have mushroomed since February, but working on vaccine may take 6 to 8 months. I can't accept a statement that corona killed the economy. It wasn't merely panic around the virus.

It is very hard to create a virus against these viruses. Because they mutate very rapidly. Even if you come up with a vaccine against the COVID 19 strain, a few months later another mutation can appear and the vaccine will have no impact on it. And with the virus infecting almost 700,000 people till now, I think that mutations may have already occurred. By the time the scientists come up with a vaccine, it may not even be effective against the virus.

We can't discuss about this matters as we are not doctors or scientist, they know better as that is their job.
Our concern here is the movement of the market especially the crypto market where we are investing, for now, we just have to hope the vaccine will be out as that would be the only way to put our life back to normal and we can enjoy once again what we get used of doing, including investing in difference markets.

[conected]

No one knows when it will end. Headlines like "coronavirus cure found" have mushroomed since February, but working on vaccine may take 6 to 8 months. I can't accept a statement that corona killed the economy. It wasn't merely panic around the virus.

It is very hard to create a virus against these viruses. Because they mutate very rapidly. Even if you come up with a vaccine against the COVID 19 strain, a few months later another mutation can appear and the vaccine will have no impact on it. And with the virus infecting almost 700,000 people till now, I think that mutations may have already occurred. By the time the scientists come up with a vaccine, it may not even be effective against the virus.

We can't discuss about this matters as we are not doctors or scientist, they know better as that is their job.
Our concern here is the movement of the market especially the crypto market where we are investing, for now, we just have to hope the vaccine will be out as that would be the only way to put our life back to normal and we can enjoy once again what we get used of doing, including investing in difference markets.

- Yes, the concerns that we need to worry about at the moment are the economy and the market, the amount of money left in the assets and the things needed to survive in the epidemic, we can then review some disease information to update the latest knowledge, discussing this issue is unnecessary when it's not our specialty. Trying to discuss virus only makes us imagine more of the bad images and negative, and this easily leads to the spread of tabloid information, destabilizing the community, very not very good at this time

[Clark05]

This situation is really bad happen this year because every country are affected because many people died in the Coronavirus.
One of the others effect of the outbreak are many business are closing their business because they don't have choice because that is government command and they need to follow.

I know money is important becaudse of the basic needs or even the economy but for now better to know how to stop this before thinking about on how the economy will recover because if the qurarantine and lockdown takes long economy will decrement so everyone need to follow by the government so we can win this situation.

[Kemarit]

Everyone is really affected by the pandemic, it is a global phenomena as we haven't seen a pandemic like this in the last ten years. It quickly spread and hard to control because it is spread through air. And as a result many business are forced to shutdown. Big corporations try to adapt by having their employees work from home. But from small to mid tier business, they can't afford to do that.

So I would agree that it has put a dent on the economy, many are complaining because of the lock down. But what can we do? Government doesn't want to put the risk of so many. And as for the business that are forced to shutdown, it's really hard and the looming economic recession are just around the corner. I only wish that a vaccine or a cure can be discovered soonest so that we can go back normally and stop the suffering.

[WEKOILA]

the world until now does not have the antidote, all we can do is self-awareness to carry out quarantine at home away from the crowd until we do not know the end. unfortunately there are still many ignorant people who don't care and still oppose government policies.

[alexforneus]

Small buisness will not survive this year...

[jostorres]

There is a lot of companies that will go bankrupt because of corona but people do not realize that there are a lot of companies that actually made thanks to corona as well. Nobody would want corona to happen, even the companies who are going through this would want something like this to happen because it affects them personally and they are self isolating at home most probably, some may even got infected, however reality is some companies do make a lot of money.

Online casinos, game companies, digital products all are getting more and more income, a lot of websites saw a huge uptick in user numbers during this period, I am sure of it. All in all people have money, that money has to go somewhere, if it is not going to brick and mortar places because they can't go outside, it has to go somewhere else.

[dunfida]

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?

No one knows on how long it would last as long the vaccine isnt available yet then theres nothing we can do or stop the virus from spreading but somehow
there are experts do still continue to find the cure of such virus.For now we are making measure on slowing out the transmission of it but still its unstoppable
and as we have seen that numbers of infected grows day by day.

Lots of businesses had been affected and the ones which are open are to those businesses that do give out basic needs (grocery store,pharmacy, hospital) and
the rest is closed.

[shoreno]

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?

No one knows on how long it would last as long the vaccine isnt available yet then theres nothing we can do or stop the virus from spreading but somehow
there are experts do still continue to find the cure of such virus.For now we are making measure on slowing out the transmission of it but still its unstoppable
and as we have seen that numbers of infected grows day by day.

Lots of businesses had been affected and the ones which are open are to those businesses that do give out basic needs (grocery store,pharmacy, hospital) and
the rest is closed.

thats it  we can still do something . we can quarantine ourself to help not spread the virus and we can also create improvised tools to help out our frontliners or to help your self and others because tools are now on shortage  .

these times its hard if we will foccus on our business and its not good to take advantage of others but it will be better if you help out other people than minding your own business first  . when people lives get back to normal , thats the onely way for our business to become healthy again

[qory]

Many business die with Corona virus and I think this virus give benefit for China because they have ready before virus attack and get much time how to protect their people, right now they have get much benefit with selling many product to other country and increase of their economic.

[FM1968]

Business struggles with coronavirus all over the world. Everyone is scared. Wherever you look, you hear about job lay-offs or SMEs going bankrupt... The current situation is tough for everybody. From what I know, maybe the e-commerce industry is doing quite okay. The rest is in deep trouble. It's important to support local businesses, like restaurants, so they have any chance to survive this. I order dinner from my favorite restaurant once a week, just to give them some support and have a place to eat when it all ends. No one knows how long will it last...

All the best!
Frank

[Sanitough]

Many business die with Corona virus and I think this virus give benefit for China because they have ready before virus attack and get much time how to protect their people, right now they have get much benefit with selling many product to other country and increase of their economic.

I can agree with you, even the time when the are still the leading on the number of cases, their economy did not fall, but now it's the rest of the world who are experiencing this crisis, our economy falls and China remains the most stable economy in the world now in this global crisis.

[mu_enrico]

I can agree with you, even the time when the are still the leading on the number of cases, their economy did not fall, but now it's the rest of the world who are experiencing this crisis, our economy falls and China remains the most stable economy in the world now in this global crisis.

How?
If no one buys products "made in China," how they can stabilize their economy? Their businesses got struck as well, but no one dares to bitch about it.

Also, China "funds" US https://www.thebalance.com/who-owns-the-u-s-national-debt-3306124. If I lend you money, I won't hope that you go bankrupt, especially if you can send me to the hospital easily if I dare to ask for payment.