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Author Topic: Corona has killed economy of many businesses  (Read 3454 times)
K-Paxian
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March 31, 2020, 11:21:48 AM
 #161

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.
China remains the most stable economy in the world now in this global crisis.

Yeah, despite China gave the birth to the new type of coronavirus and hiding/covering up the infected cases in the beginning. World could have been better prepared if they didn't cover it up imo

China has started the whole mess the world is in right now thanks to their poor hygienic (I was in few china food markets 4 years ago and the hygienic standards in poor parts of the country are non-existent) and they will be last man standing in the economy, creating masks, supplies for hospitals around the world, they will make billions on this when they get to go back to normal and the rest of the world will be still fighting the virus.

That is absurd. They should be held responsible for this somehow, anyhow  Huh  and pay other countries at least the part of economical losses, just my two cents

Vires in numeris
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March 31, 2020, 11:59:29 AM
 #162

How long will it last? What's the antidote for Corona?
USA medical dept said they developed a cure for this virus and it will take 6 weeks time to know the actual results which is already under test on a human being.But they also mentioned it will take at least 12 months for public people availability means its still a long way to go and more worse is yet to come. Sad

I think it's taken on a way more serious form than ever before Doctors have almost given up in order that they haven't yet been ready to produce any pathogens for the disease. therein case it'll take 12 months and nobody can say the precise time because the days pass the amount of victims continues to extend.
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March 31, 2020, 12:36:49 PM
 #163

I think it's taken on a way more serious form than ever before Doctors have almost given up in order that they haven't yet been ready to produce any pathogens for the disease. therein case it'll take 12 months and nobody can say the precise time because the days pass the amount of victims continues to extend.

The number of people infected are compounding or even worst.

The last time I checked on the overall number of people infected with the virus, that was just around 600K+, as of now, we have already reached the 800K marked, it seems like we have an average of 100K infections per day and it will go higher as no cure for the virus will be created.

The funds of the government will be spent to the needs of the people who can't even go out.

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March 31, 2020, 01:12:46 PM
 #164

I think it's taken on a way more serious form than ever before Doctors have almost given up in order that they haven't yet been ready to produce any pathogens for the disease. therein case it'll take 12 months and nobody can say the precise time because the days pass the amount of victims continues to extend.

The number of people infected are compounding or even worst.

The last time I checked on the overall number of people infected with the virus, that was just around 600K+, as of now, we have already reached the 800K marked, it seems like we have an average of 100K infections per day and it will go higher as no cure for the virus will be created.

The funds of the government will be spent to the needs of the people who can't even go out.
Now it would be nice if the military would help in self-isolation, and helped distribute food packages for people who are on self-isolation. Products can be taken from reserves or large retailers. The government could pay for food packages, with a minimum of products.

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Japinat
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March 31, 2020, 01:59:22 PM
 #165

I think it's taken on a way more serious form than ever before Doctors have almost given up in order that they haven't yet been ready to produce any pathogens for the disease. therein case it'll take 12 months and nobody can say the precise time because the days pass the amount of victims continues to extend.

The number of people infected are compounding or even worst.

The last time I checked on the overall number of people infected with the virus, that was just around 600K+, as of now, we have already reached the 800K marked, it seems like we have an average of 100K infections per day and it will go higher as no cure for the virus will be created.

The funds of the government will be spent to the needs of the people who can't even go out.
Now it would be nice if the military would help in self-isolation, and helped distribute food packages for people who are on self-isolation. Products can be taken from reserves or large retailers. The government could pay for food packages, with a minimum of products.
That should be their function so people will not anymore go out and buy some food they need.
Military is still the front liner in this war, they should be given best compensation as they are also risking their lives, when everyone stays at home except for the front liners, there will be less infection but I am not sure what strategy the US has impose on why the virus has spread so fast in their country.

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March 31, 2020, 03:54:16 PM
 #166

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.

China will now easily emerge as the world leader out of this pandemic situation.
China not only managed to stop the epidemic, but also showed the whole world what the world cannot without China. Now China will increase its production capacity, while the whole world will be quarantined.

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samcrypto
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March 31, 2020, 10:12:34 PM
 #167

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.

China will now easily emerge as the world leader out of this pandemic situation.
China not only managed to stop the epidemic, but also showed the whole world what the world cannot without China. Now China will increase its production capacity, while the whole world will be quarantined.
Almost all businesses are back to normal on Wuhan City where the Virus started and yeah looks like China leads the world now and supply the needs of the rest of the world. The oil is not moving because of no demand and this is a great play by China. The virus killed not just people but a lot of businesses, especially on the small sector. We entered into a world recession, but it looks like China was not included on that because their market are rising again.

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March 31, 2020, 11:12:53 PM
 #168

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.

China will now easily emerge as the world leader out of this pandemic situation.
China not only managed to stop the epidemic, but also showed the whole world what the world cannot without China. Now China will increase its production capacity, while the whole world will be quarantined.
Almost all businesses are back to normal on Wuhan City where the Virus started and yeah looks like China leads the world now and supply the needs of the rest of the world. The oil is not moving because of no demand and this is a great play by China. The virus killed not just people but a lot of businesses, especially on the small sector. We entered into a world recession, but it looks like China was not included on that because their market are rising again.
If there is a world recession, then everyone will suffer from it. Too tight economic ties are spread all over the world, and China is not growing now, but only acting out what it has lost due to the coronavirus. In the event of a global recession, the whole world will roll downhill.

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April 01, 2020, 03:36:32 AM
 #169

We have no power to determine the propagation of coronavirus, so this is the time for action to protect our economy away from the impact of this covid-19 because we cannot underestimate this virus-like a dream it was killing people every day and it is hard to pin down to prevent actual mortality. If this pandemic virus has continued to overshadow we need to find online businesses while staying at home by using digital currency as payment to all transactions.

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April 01, 2020, 08:36:39 AM
 #170

We don't know how long that will happen, in my country until now it's still in lockdown due to the spread of the virus. I also heard that now scientists have found several remedies to kill this virus, only hoping it will end soon because the world economy is in chaos
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April 01, 2020, 09:10:22 AM
 #171

We don't know how long that will happen, in my country until now it's still in lockdown due to the spread of the virus. I also heard that now scientists have found several remedies to kill this virus, only hoping it will end soon because the world economy is in chaos

same here but whos country will not be ? with the virus that still keeps on moving , governments final decision is to lockdown the country to prevent others from fleeing and make the infection worst than ever     .

we dont know when itl last but lets pray it will not last long because many people are now dying not because of the direct effect of corona but because of its indirect effect which affects peoples lifestyle like they cant work anymore and stuffs like that  . its good news if they found a solution to this . then again lets pray that it is effective
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April 01, 2020, 09:57:44 AM
 #172

The only antidote to the Coronavirus is time. The only antidote for the coming depression and loss of faith in Government is Bitcoin.

Then you are saying that it is like a baby that it will stop crying if you just let him for some time?

Don't think that is absurd? The antidote needs time, I think that is what you're trying to say. China has the highest recoveries in the world right now so obviously, countries would be fawning to that country for the vaccines. Apparently, some of the test kits bought by Spain in China are faulty, it is made in China that's why.
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April 01, 2020, 10:08:32 AM
 #173

The only antidote to the Coronavirus is time. The only antidote for the coming depression and loss of faith in Government is Bitcoin.

Then you are saying that it is like a baby that it will stop crying if you just let him for some time?

Don't think that is absurd? The antidote needs time, I think that is what you're trying to say. China has the highest recoveries in the world right now so obviously, countries would be fawning to that country for the vaccines. Apparently, some of the test kits bought by Spain in China are faulty, it is made in China that's why.

Actually when we say antidote, it cures, but if we say the antidote to the coronavirus is time, well, that's very wrong from my point of view. Why? Because if we let Coronavirus passes, it doesn't cure people, people dies from it. From time to time, experts around the world contributes to create a vaccine, and there's no doubt that they can make one that is effective and will absolutely cure this virus. But the problem is testing, they need to make sure that it will not have any side effect that is worse than the virus. Yes, time again is subject here, but the fact that the virus will be cured is because of the vaccine.
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April 01, 2020, 10:15:37 AM
 #174

From time to time, experts around the world contributes to create a vaccine, and there's no doubt that they can make one that is effective and will absolutely cure this virus. But the problem is testing, they need to make sure that it will not have any side effect that is worse than the virus. Yes, time again is subject here, but the fact that the virus will be cured is because of the vaccine.

To create a vaccine it will take some time perhaps a minimum of 6 months. That means there will be alot more cases to happen and more people to die. The destructive aspect is not really the virus but the fear that the entire economy will collapse
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April 01, 2020, 01:50:14 PM
 #175

we dont know when itl last but lets pray it will not last long because many people are now dying not because of the direct effect of corona but because of its indirect effect which affects peoples lifestyle like they cant work anymore and stuffs like that  . its good news if they found a solution to this . then again lets pray that it is effective
All of us are being affected in this pandemic. We should be participate to prevent this virus for spreading all over the world. Economy of each countries are easily broke because of this virus, resulted for being panic of other countries. Now total lockdown are implemented, the number 1 being affected is the poor people who even yet home to stay. Hope this will end soon, so that economy and everything will come back to normal.

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April 01, 2020, 03:56:13 PM
 #176

we dont know when itl last but lets pray it will not last long because many people are now dying not because of the direct effect of corona but because of its indirect effect which affects peoples lifestyle like they cant work anymore and stuffs like that  . its good news if they found a solution to this . then again lets pray that it is effective
All of us are being affected in this pandemic. We should be participate to prevent this virus for spreading all over the world. Economy of each countries are easily broke because of this virus, resulted for being panic of other countries. Now total lockdown are implemented, the number 1 being affected is the poor people who even yet home to stay. Hope this will end soon, so that economy and everything will come back to normal.
The lockdown is the best solution in order to limit and lessen the numbers of those potential people that will be getting this virus, the more we follow the government rules the more chance that we are limiting the virus to continue hurting people. From that point, when the virus was gone the economy will begin to bounce back  healthy community will lead every nation to move forward.

We need to believe that we are going to survive this pandemic virus, stay safe and start helping the government.
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April 03, 2020, 10:28:15 AM
 #177

I guess we can still recover from it as long as the governments of the world were doing the right thing and put the stimulus on the people but we are seeing a lot of it goes right at the top first and then going down afterwards which I thought wasn't really what we were looking for but I kind of get it as well. Hopefully in the future we will forget any of this ever happened, I mean obviously we do not learn from our mistakes, look at 2008 and how far the banking and stock market world was stretched thin and as soon as one bubble burst they were all done, we had the same thing just now.

I mean it basically all tells us that the banking world needs a harsher regulations and shouldn't be going down all this easily, sure they could go bad back to back for a long time but they are doing bad in a second when things start to go bad, that can't happen for far too long. Thankfully this time around it is a 500 billion bail out and not a 800 billion one at least.
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April 03, 2020, 12:01:27 PM
 #178

I guess we can still recover from it as long as the governments of the world were doing the right thing and put the stimulus on the people but we are seeing a lot of it goes right at the top first and then going down afterwards which I thought wasn't really what we were looking for but I kind of get it as well. Hopefully in the future we will forget any of this ever happened, I mean obviously we do not learn from our mistakes, look at 2008 and how far the banking and stock market world was stretched thin and as soon as one bubble burst they were all done, we had the same thing just now.
We can't compare the banking crisis against the pandemic that we are experiencing now as nobody sees it coming and therefore the government are not prepared for this. Those crisis in the past are created by greedy bankers, but this one is a calamity, we don't see our enemy and the government are doing their best to find the cure of the virus.

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April 03, 2020, 10:31:27 PM
 #179

the very large impact caused by this coronavirus...
businesses that are forced to close, especially those engaged in tourism and hundreds of thousands of new unemployed because they were temporarily laid off during the pandemic.

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April 03, 2020, 11:57:27 PM
 #180

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.

Well, we can't say it is dead but right now, it is not functional. With the policies or safety precautions against the virus, many businesses will be violating that and that is the reason why some of them are not functional or closed these days. Some offer online services and I think that is amazing since some businesses are able to adjust though it depends on what kind of business you have.

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