The Corona Pandemic economic guessing game

[awik p]

In short, the situation in the USA is far from being the worst in the world. And it can't be otherwise because there is a lot of resources to fight the the virus there.

I completely agree that the United States is the richest country in the world, which has the greatest potential to fight the virus, because it has enough resources and funding.  I believe that the United States always ranks first in terms of capabilities, compared to other countries in the world.  Nevertheless, to date, according to official statements by the authorities in the United States, there are almost 300,000 infected people and already about 8,000 dead.  I believe that such a large degree of spread of the virus was achieved due to the fact that certain measures were not introduced in time to prevent the spread of the virus in the country.

this is sometimes a dilemma. on one hand they have to do economic security, on the other hand they have to save their citizens. a different story if the outbreak was found its source, so that it can be quarantined in the region. but if it is comprehensive in one country, it will become a serious problem

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[Kez1817]

Which country's government will be the most affected by the COVID-19 global pandemic, and be the first to go bankrupt, and default?

    Italy has the most numbers of infected and i think this may be one of the first to become bankrupt.Although it's difficult to predict if which country will be the first to go bankrupt but i think except for the country with many infected,I also think those country with very low economies,because this pandemic problem has a huge impact to our economy.

[xSkylarx]

Which country's government will be the most affected by the COVID-19 global pandemic, and be the first to go bankrupt, and default?

    Italy has the most numbers of infected and i think this may be one of the first to become bankrupt.Although it's difficult to predict if which country will be the first to go bankrupt but i think except for the country with many infected,I also think those country with very low economies,because this pandemic problem has a huge impact to our economy.

Italy had been hit hard on this pandemic. Their mortaility rate is high and it gets higher as day goes by. Even medical professionals are starting to give up on this fight. What made this difficult is there is no other country who can lend a hand since everyone has their own battle to fight. Let's hope that their front liners will stay strong along with their leaders.

[Raflesia]

Italy had been hit hard on this pandemic. Their mortaility rate is high and it gets higher as day goes by. Even medical professionals are starting to give up on this fight. What made this difficult is there is no other country who can lend a hand since everyone has their own battle to fight. Let's hope that their front liners will stay strong along with their leaders.

That is the local government must be able to make extra stronger in dealing with a pandemic like this and indeed every country must have the same problem, but for Italy, the burden is really heavy so this problem is almost shocking the world.
This virus originated from China but China is able to cope well even there are rumors they will open their cities again to their activities as usual and therefore I hope other countries will experience the same thing by continuing to fight the corona virus is able to handle its way out.

[verita1]

The USA has a very difficult situation with a large number of people infected with Covid19 and the number of deaths. Recovery will be longer for the country, in addition to that, we still do not have a cure for the virus.
As long as Covid19 is not controlled it will be threatening global health and the result of an economic recession.

[Genemind]

Which country's government will be the most affected by the COVID-19 global pandemic, and be the first to go bankrupt, and default?

    Italy has the most numbers of infected and i think this may be one of the first to become bankrupt.Although it's difficult to predict if which country will be the first to go bankrupt but i think except for the country with many infected,I also think those country with very low economies,because this pandemic problem has a huge impact to our economy.

Our country belongs to a third world country and it's now in dilemma. Our government has extended the enhanced community quarantine and one of the problems that we have to face is our economic situation right now. The government can't sustain our necessities and our funds are not enough to fulfill the country's needs while we're quarantined. Our economic situation has been dropping down. I just wish that things will get better for us before we lose everything.

[Sanugarid]

Which country's government will be the most affected by the COVID-19 global pandemic, and be the first to go bankrupt, and default?

    Italy has the most numbers of infected and i think this may be one of the first to become bankrupt.Although it's difficult to predict if which country will be the first to go bankrupt but i think except for the country with many infected,I also think those country with very low economies,because this pandemic problem has a huge impact to our economy.

Our country belongs to a third world country and it's now in dilemma.

Well I guess what ever your country is, first world or third world, every nation is in dilemma. Just look at USA now, they become the epicenter after hitting the highest covid cases with over 450,000 now and is seriously having hard time to cure the virus, it's been 5 months yet we haven't found the vaccine but I think we are near in seeing the vaccine as we have a high rate of recovered patients.

Our government has extended the enhanced community quarantine and one of the problems that we have to face is our economic situation right now. The government can't sustain our necessities and our funds are not enough to fulfill the country's needs while we're quarantined. Our economic situation has been dropping down. I just wish that things will get better for us before we lose everything.

Don't expect that the number of days of quarantine will just be it especially with health problems like this coz unlike the other problems it is hard to sustain so don't blame your government for extending it, that is just for every one to be safe. As for economic status of one's nation, I guess there will be a massive pull down from every country especially on those hardly destructed.

[TheGreatPython]

Which country's government will be the most affected by the COVID-19 global pandemic, and be the first to go bankrupt, and default?

Those that are going to suffer the most, which I know that they are already suffering, are the poorest countries. First countries that are going to go bankrupt: the first one I’m going to start with is Niger. Niger is the poorest country in the world due to several reasons and they are probably going to the be the first to start going bankrupt, if they have not gone bankrupt already.

The next country that will quickly follow the lead is Central African Republic, and the rest are South Sudan, Chad, Burundi, Sierra Leone, Burkina Faso and Mali. These countries I have listed are in extreme poverty and are really suffering, and they are the ones that are going to be affected.

[rodskee]

Which country's government will be the most affected by the COVID-19 global pandemic, and be the first to go bankrupt, and default?

Looking at the chart now it seems that USA and more on European countries are the Most affected now

US=420k infected 14k deaths

Spain=140k infected 14k deaths

Italy=130k infected 17k deaths.

If this continues then on those 3 countries will be the Answer among the rest though it is sad to see that there will be a country that may become Bankrupt after this Pandemic.

[Betwrong]

Which country's government will be the most affected by the COVID-19 global pandemic, and be the first to go bankrupt, and default?

Those that are going to suffer the most, which I know that they are already suffering, are the poorest countries. First countries that are going to go bankrupt: the first one I’m going to start with is Niger. Niger is the poorest country in the world due to several reasons and they are probably going to the be the first to start going bankrupt, if they have not gone bankrupt already.

The next country that will quickly follow the lead is Central African Republic, and the rest are South Sudan, Chad, Burundi, Sierra Leone, Burkina Faso and Mali. These countries I have listed are in extreme poverty and are really suffering, and they are the ones that are going to be affected.

If these poor countries had the same number of cases as in the rich ones, they would suffer the most, no doubt about that. But the thing is that rich countries are more affected by the virus because they have more people per capita who can afford travelling, and it's the travelers who spread the virus.

Hopefully, an effective treatment will be found before the virus reaches those poor regions.

[Japinat]

Hopefully, an effective treatment will be found before the virus reaches those poor regions.

I am hoping the same, the poor countries will be heavily affected because they are not ready for this virus.
If the cases in the US which already rich to 500,000 will happen in poor country, I don't know what will happen but God have mercy, hopefully we will not see that happening.

[exstasie]

Those that are going to suffer the most, which I know that they are already suffering, are the poorest countries. First countries that are going to go bankrupt: the first one I’m going to start with is Niger. Niger is the poorest country in the world due to several reasons and they are probably going to the be the first to start going bankrupt, if they have not gone bankrupt already.

The next country that will quickly follow the lead is Central African Republic, and the rest are South Sudan, Chad, Burundi, Sierra Leone, Burkina Faso and Mali. These countries I have listed are in extreme poverty and are really suffering, and they are the ones that are going to be affected.

If these poor countries had the same number of cases as in the rich ones, they would suffer the most, no doubt about that. But the thing is that rich countries are more affected by the virus because they have more people per capita who can afford travelling, and it's the travelers who spread the virus.

Wealthy travelers are more likely to be super spreaders, but it doesn't take many cases for the virus to take hold in any given locality. In almost every African country, it's now spreading at the community level. Cases are doubling every few days now. We've seen how quickly these things turn exponential. https://www.bbc.com/news/world-africa-52230991

Africa and Russia are poised to be the next epicenters of the pandemic over the next few weeks. https://www.nytimes.com/2020/04/10/world/europe/coronavirus-russia-moscow-putin.html

[FlightyPouch]

Our government has extended the enhanced community quarantine and one of the problems that we have to face is our economic situation right now. The government can't sustain our necessities and our funds are not enough to fulfill the country's needs while we're quarantined. Our economic situation has been dropping down. I just wish that things will get better for us before we lose everything.

Don't expect that the number of days of quarantine will just be it especially with health problems like this coz unlike the other problems it is hard to sustain so don't blame your government for extending it, that is just for every one to be safe. As for economic status of one's nation, I guess there will be a massive pull down from every country especially on those hardly destructed.

We don't need to blame the government here, really. If they will be lifting the Enhanced Community Quarantine without clearing or containing the carriers, then that would mean more damage to the people and obviously to the economy of our country. It is hard but we need to hold on for the sake of our people and also of our country.

[Wind_FURY]

What is the Germany dominated European Union doing for Italy, and Spain? It has failed. My friends told me that Germany is HODLING masks, and other protective equipment.

In a crisis, things always eventually devolve into self-interested behavior.

We're also seeing the beginnings of hoarding in the food supply chain, with multiple countries cutting off food exports to hedge against further disaster. Kazakhstan and Vietnam have moved to stop the export of key staples, with Russia threatening to do the same: https://www.theguardian.com/global-development/2020/mar/26/coronavirus-measures-could-cause-global-food-shortage-un-warns

Things are fine for now but experts are warning the food supply chain could break down within weeks in a worst case scenario. That would hit places with high food import costs like the UK especially hard.

Then in this crisis, it showed, that the European has lost it's purpose, or not needed anymore, and it needs to break-up as soon as possible in my opinion. What's left? Nothing, unless you have the advantage like Germany.

[Cratoon]

In my opinion all countries with high populated cities will suffer from this long term.
All developed nations will be forced to use their tax money to save lives, take credits from thier children. Those countries who were barely surviving with low income population and corrupted governments can turn into chaos.
So stock on some toilet paper, and hope that the vaccine will be found soon.

[Latviand]

Italy will be the likely candidate, as it is one of the worst country that is being hit by the virus outside of China. Death toll already surpassed 2,500, and the demographics itself, country has the second-oldest population on earth. And obviously, the younger generation respect their elders in a Catholic country like Italy that's why the spread is unprecedented. And I think we can consider Italy now as ground zero, so it have slowed down their economy in the last month or so.
 

For me it is the US who will suffer more in this pandemic, news are reporting about how the US handle this virus and they said that they are really having a hard time to fight this virus. Although US is a first world country, and a large country with a good state of economy, their stock market is really affected by this virus. According to the news, the New York city is having a hard time to assist its patients so that they will recover from this virus. They said that they are lacking of equipment and manpower as doctors are also getting the virus while taking care of patients. The stock market is down and the people are still panic buying just to survive the quarantine. Until now, we have no idea when this virus will end and it is hard to accept that there are lives that have been loss.

[Kong Hey Pakboy]

Italy will be the likely candidate, as it is one of the worst country that is being hit by the virus outside of China. Death toll already surpassed 2,500, and the demographics itself, country has the second-oldest population on earth. And obviously, the younger generation respect their elders in a Catholic country like Italy that's why the spread is unprecedented. And I think we can consider Italy now as ground zero, so it have slowed down their economy in the last month or so.
 

For me it is the US who will suffer more in this pandemic, news are reporting about how the US handle this virus and they said that they are really having a hard time to fight this virus. Although US is a first world country, and a large country with a good state of economy, their stock market is really affected by this virus. According to the news, the New York city is having a hard time to assist its patients so that they will recover from this virus. They said that they are lacking of equipment and manpower as doctors are also getting the virus while taking care of patients. The stock market is down and the people are still panic buying just to survive the quarantine. Until now, we have no idea when this virus will end and it is hard to accept that there are lives that have been loss.

Indeed. The country who will be affected the most by the corona virus is the U.S. because they have the highest number of virus cases all over the world that they already passed the number of cases in China and Italy, that is why they are having a hard time dealing and handling this virus that their economy is rapidly going down. I also think that every country is really having a hard time fighting this virus because it really takes a lot of time for an infected person to recover from the virus.

[Assface16678]

Italy will be the likely candidate, as it is one of the worst country that is being hit by the virus outside of China. Death toll already surpassed 2,500, and the demographics itself, country has the second-oldest population on earth. And obviously, the younger generation respect their elders in a Catholic country like Italy that's why the spread is unprecedented. And I think we can consider Italy now as ground zero, so it have slowed down their economy in the last month or so.
 

For me it is the US who will suffer more in this pandemic, news are reporting about how the US handle this virus and they said that they are really having a hard time to fight this virus. Although US is a first world country, and a large country with a good state of economy, their stock market is really affected by this virus. According to the news, the New York city is having a hard time to assist its patients so that they will recover from this virus. They said that they are lacking of equipment and manpower as doctors are also getting the virus while taking care of patients. The stock market is down and the people are still panic buying just to survive the quarantine. Until now, we have no idea when this virus will end and it is hard to accept that there are lives that have been loss.

Indeed. The country who will be affected the most by the corona virus is the U.S. because they have the highest number of virus cases all over the world that they already passed the number of cases in China and Italy, that is why they are having a hard time dealing and handling this virus that their economy is rapidly going down. I also think that every country is really having a hard time fighting this virus because it really takes a lot of time for an infected person to recover from the virus.

Many people today think that the china is really hits the pandemic crisis because most of the time it is the other country at the first place even in the china starts the virus they have the most cured people and after that it is spreading the really hits hard is the United States and after that is the Korea and the Europe and still there is no active anti virus or vaccine but still we are hoping they are now immediately make a cure because it is really hits hard the market and many people getting affected and also the stock market does not make a good trading to mske more earnings.

[Twentyonepaylots]

Many people today think that the china is really hits the pandemic crisis because most of the time it is the other country at the first place even in the china starts the virus they have the most cured people and after that it is spreading the really hits hard is the United States and after that is the Korea and the Europe and still there is no active anti virus or vaccine but still we are hoping they are now immediately make a cure because it is really hits hard the market and many people getting affected and also the stock market does not make a good trading to mske more earnings.

It is really suspicious on China's part, just think about it, the virus was discovered in Wuhan, China yet the connecting cities to it like Beijing and Shanghai seems to be unaffected by it however other countries like Italy and USA which is farther away from them gets the virus and severely damaged economically. I really tried not to think that China did not do it, but as day passes and I read facts on the internet it makes me think of the dots that may be connected to each other. The recovery rate in China is high which makes me more suspicious about them.

[The Sceptical Chymist]

Italy will be the likely candidate, as it is one of the worst country that is being hit by the virus outside of China.

That's what I was thinking, too, although I don't think they're going to go bankrupt.

I'm kind of worried about the future of the US, especially since the government cranked up the money printing and is sending pretty much every citizen or family a check for something like $1200.  I'm not sure how we intend to pay for all that, and my guess is that it's not going to be a gift from Trump but a loan that we're going to be paying off with higher taxes and such after everything settles.  The US isn't going to go bankrupt in the immediate future, but that's where we're headed.

And yeah, I think the poorest countries are going to get slaughtered economically.  But who knows.  We'll see where we are in a year or so.