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Author Topic: Corona has killed economy of many businesses  (Read 3394 times)
azmirihaque
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April 18, 2020, 05:06:26 AM
 #261

COVID-19, a name of danger, has broken down the world economy. We are very hopeless that no antidote has been invented yet though scientists are trying their best to give a good result as soon as possible. But is a matter of great regret that Corona has already isolated the world from the business world. Still we are unable to say when this isolated economy will be integrated but we can say that we are going to face a world recession very soon....

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April 18, 2020, 06:15:09 AM
 #262

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?
This also depends on our sense of isolation. The United States and Italy and Spain are among the highest infected countries in the world and the reason is that they are too subjective to this virus. Because of its contagious nature, the economy seems to have to shut down and wait for disease control to become tighter. I think this epidemic situation is becoming more and more tense and we should be conscious of ourselves at home so the virus is not raging anymore. Stay at home and follow the orders of the government, your country will recover quickly.
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April 18, 2020, 11:46:50 AM
 #263

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?
The results of this virus will have couple of digits after trillion of dollars. At this point nobody know for sure for how long this situation will last but at some point they will have to let business to open their doors.
Well the scientist says that the vaccine will be invented 1 year ahead and that's being too overly optimistic and skipping many procedure which might create another problem in the future if the research didn't go smoothly. Before the pandemic ends, I'm worried that the economy across the world will be severely affected and trigger chaos.

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April 22, 2020, 05:21:24 PM
 #264

According to the scientists who made the vaccine, it took at least 1 year for the vaccine to prevent COVID-19 disease. But in one year this Corora virus will create many new mutant strains. This is really causing many difficulties for scientists. So it is really hard to say when this epidemic will end. And we will see the age of global recession going on. Many economic activities such as exchanging goods between countries will be paralyzed due to the border closure.

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April 22, 2020, 06:54:39 PM
 #265

According to the scientists who made the vaccine, it took at least 1 year for the vaccine to prevent COVID-19 disease. But in one year this Corora virus will create many new mutant strains. This is really causing many difficulties for scientists. So it is really hard to say when this epidemic will end. And we will see the age of global recession going on. Many economic activities such as exchanging goods between countries will be paralyzed due to the border closure.

Even though it is "hard to say when this epidemic will end", some countries are already made lockdown rules more easy. I'm speaking about Spain and Italy.

I dont know how to comment that. Amount of confirmed virus cases became lower, same is disease number and gov. already soften lockdown rules. Seems crazy as to me.

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April 22, 2020, 07:33:09 PM
 #266

According to the scientists who made the vaccine, it took at least 1 year for the vaccine to prevent COVID-19 disease. But in one year this Corora virus will create many new mutant strains. This is really causing many difficulties for scientists. So it is really hard to say when this epidemic will end. And we will see the age of global recession going on. Many economic activities such as exchanging goods between countries will be paralyzed due to the border closure.

Even though it is "hard to say when this epidemic will end", some countries are already made lockdown rules more easy. I'm speaking about Spain and Italy.

I dont know how to comment that. Amount of confirmed virus cases became lower, same is disease number and gov. already soften lockdown rules. Seems crazy as to me.

im not sure situation in Italy and Spain is better in other in Europe (look in number it not better than UK or turkey).

but too much lockdown make stress in many people and maybe when it blow out 2 country going to be like some state in USA.   
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April 23, 2020, 02:35:04 AM
 #267

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?

COVID-19 didn't just killed businesses but also immobilized people and the world itself. It somehow woke us up that there isn't a way out if there will be no unity amidst diversity. Hopefully, the medical field and science team would find a cure or even a vaccine in the coming months. If this will continue, large stocks industry can fall and it would be hard to bring them back.

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April 23, 2020, 03:33:26 AM
 #268

The coronavirus is already disrupting the industry Every factory is closed and therefore the workers aren't getting their salary allowance the way to pay them if the assembly isn't right This coronavirus is pushing not only the country's economy but everything to a worse situation nobody knows exactly how long it'll last but thus far no vaccine has been developed to cure the disease. The price continues to rise If this continues the economy will slowly collapse No scientist can come up with the proper vaccine.

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April 23, 2020, 03:54:08 AM
 #269



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

So far there are companies that are testing the vaccines, but it will take five months to a year to prove the vaccines are effective, all we can do now- is take precautionary measures like wearing a face mask, social distancing and washing your hands every country is doing all their can to flatten the curve if there are no transmissions the virus will die on its own.
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April 23, 2020, 07:18:03 AM
 #270



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

So far there are companies that are testing the vaccines, but it will take five months to a year to prove the vaccines are effective, all we can do now- is take precautionary measures like wearing a face mask, social distancing and washing your hands every country is doing all their can to flatten the curve if there are no transmissions the virus will die on its own.
actually Even China did not fully stopped the Virus meaning there are no vaccine
but prevention is what they do to stop the spread.
Korea is also eager to Find the vaccine because they become one of the fastest spreading country last march but now they seems to be stopping also the Virus.
asking about when is impossible to answer but prevention will make this gone if only all the people will cooperate and follow what the Government is asking them to do this is not for individual but for the whole world.


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April 23, 2020, 07:34:47 AM
 #271

According to the scientists who made the vaccine, it took at least 1 year for the vaccine to prevent COVID-19 disease. But in one year this Corora virus will create many new mutant strains. This is really causing many difficulties for scientists. So it is really hard to say when this epidemic will end. And we will see the age of global recession going on. Many economic activities such as exchanging goods between countries will be paralyzed due to the border closure.
Is there a vaccine already to cure the infected of virus?

We cant say how long this virus will last because as long as there's a remaining people infected we we're not safe to go outside and do what we used to do before the lockdown.

So lets just hope for the best.


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April 23, 2020, 09:06:35 AM
 #272

i have a business in bali but since corona i have suffered a lot of losses because no tourists came. I also don't know what to do now, maybe I will go bankrupt if this pandemic doesn't end soon

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April 23, 2020, 09:24:01 AM
 #273

i have a business in bali but since corona i have suffered a lot of losses because no tourists came. I also don't know what to do now, maybe I will go bankrupt if this pandemic doesn't end soon
If order for you to go bankrupt, your expenses should be higher than your income, with the situation now, I think you are in no operation, so if there are expenses, that's only very minimal, maybe the rent for the place or small expenses. Don't worry mate, you are not alone, and together we will survive and start to recover after this pandemic.

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April 23, 2020, 09:43:12 AM
 #274

i have a business in bali but since corona i have suffered a lot of losses because no tourists came. I also don't know what to do now, maybe I will go bankrupt if this pandemic doesn't end soon
You are not alone in facing a situation like this, millions of people in the world are currently experiencing a crisis like you feel. I'm a seller some household items but my business is almost bankrupt, hopefully that won't happen. At a time like this we must be able to take the opportunity in the online world, being able to make money from the internet is the right way in the current situation.
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April 23, 2020, 10:56:50 AM
 #275

According to the scientists who made the vaccine, it took at least 1 year for the vaccine to prevent COVID-19 disease. But in one year this Corora virus will create many new mutant strains. This is really causing many difficulties for scientists. So it is really hard to say when this epidemic will end. And we will see the age of global recession going on. Many economic activities such as exchanging goods between countries will be paralyzed due to the border closure.
Is there a vaccine already to cure the infected of virus?

We cant say how long this virus will last because as long as there's a remaining people infected we we're not safe to go outside and do what we used to do before the lockdown.

So lets just hope for the best.


Yes, there are vaccines from some countries. According to article from BBC Seattle has started human trial for vaccine direcly, skipping animal researches (first person to trial corona virus vaccine). Sanofi and GSK have united to create vaccine too. Australian scientists begun to test vaccines.
And UK is going to start human trials of coronavirus vaccine today (they are funding University of Oxford researchers).

Man it's easy to say stay at home but economy is falling and falling, our health depends on our economics hugely, there is undeniable link between this two. You can gain tolerance on virus but not on hunger so...

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April 23, 2020, 01:03:00 PM
 #276

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?
virus and anti virus is about market!!!witch means for control mankind every 10/15 years there will be new virus for the world and so many people will die .what they going to sell in that time???anti virus!!! its all about control . on the other side so many jobs get destroyed like restaurant or cafe ... only businesses that exist on internet platform can use this opportunity.

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April 23, 2020, 01:25:49 PM
 #277

i have a business in bali but since corona i have suffered a lot of losses because no tourists came. I also don't know what to do now, maybe I will go bankrupt if this pandemic doesn't end soon

i will suggest you to shift to other business that are essential in this particular pandemic because we can never be sure how many days or weeks months or years this virus will remain but if you have the capital better start another business for now for you not to be total bankrupt

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April 23, 2020, 02:04:32 PM
 #278

i have a business in bali but since corona i have suffered a lot of losses because no tourists came. I also don't know what to do now, maybe I will go bankrupt if this pandemic doesn't end soon

i will suggest you to shift to other business that are essential in this particular pandemic because we can never be sure how many days or weeks months or years this virus will remain but if you have the capital better start another business for now for you not to be total bankrupt
It's not that easy though for most of people. Most of the people who holding their business until have spent majority of their savings just to make sure that the business is running although there's no income at all. It's a really difficult situation and it's not just some specific people that suffer from it but around the world. People from 3rd world countries also usually unlucky there's no relief fund or whatever even if you pay the taxes in full you get nothing in return.

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April 23, 2020, 02:11:49 PM
 #279

i have a business in bali but since corona i have suffered a lot of losses because no tourists came. I also don't know what to do now, maybe I will go bankrupt if this pandemic doesn't end soon

i will suggest you to shift to other business that are essential in this particular pandemic because we can never be sure how many days or weeks months or years this virus will remain but if you have the capital better start another business for now for you not to be total bankrupt
If you still have some spare money it's good to find new venture and try to survived with this crisis, we are not sure how many more days, weeks or months this pandemic will continue to spread and hurt the economy. Having something to bring profits is very needed in time like this, don't lose hope as long as you are still alive then life should continue.

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judaspriest
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April 23, 2020, 05:42:04 PM
 #280

the impact is indeed like this, we have to accept whatever happens, in my country also experienced this, money is hard to find, business is quiet, because lockdown, yes what else can, hopefully all recovered quickly  Sad

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