How long this crisis will be?

[Golftech]

I think the crisis that we face today is really depend on our action or maybe discipline because if we continue to go out the virus will continue to spread and the crisis continue. We need to be more extra careful and obey to our respective government for good.

Respecting the government rules is highly needed in order to help containing this virus. We can't see the virus and we don't know how prone we are each time we go out. In order to lessen the chances of being affected or become a carrier it's need to cooperate with the government. This crisis still uncertain and every side of the world are trying to invent the cure, we need to hope and pray for the best of humankind.

[Casdinyard]

In Wuhan, they had a very strict lockdown for 11 weeks (two and half months). So the bare minimum is 2.5-3 months. But we also need to remember that the crisis peaks in one country and then moves to the next one. First it was China, then it was South Korea and Iran before moving on to the European Union. It has peaked in Italy and Spain, but the situation looks hopeless in France/UK/Sweden. And during the past few days, huge number of new cases are being reported from the United States.

If we base to the cases of covid to call it the new epicenter then we should say it's the U.S.A,  the new epicenter of the virus with over 400,000 confirmed cases which is a lot more cases than the second that
only have 140,000 in Spain. We can say that China get rid over the virus with 90% recovery rate but I'm not as satisfied as I should be because it is very suspicious. If we are talking how long this would take us
to conquer, I'd say we are in half of getting this disease be gone as doctors are seeing the light after having a recovery from patient that had a plasma therapy from another recovered patient.

[naaimmd]

For the people in this community that understand spanish, I wanted to share this video I created yesterday comparing the current situation with the different crisis we had in the last 100 years.

https://www.youtube.com/watch?v=rs5Yyvih14M&list=PLz_NVO61eqw70kA4Z9z854OoyibpDpOuq&index=2

Do you think it will be uglier than the others?
 
All feedback is welcome to keep improving!:)

many countries are recovering from coronavirus while some are just getting started so this crisis is not going to end soon. this might take a year or maybe more not sure since there is no cure. but if you think country based that might not be the same case. let's all hope its end soon.

[cotton ball]

Day by day my country more than 100 new patient always coming every day, ratio for patient get well back more drastic with how many people got corona virus was pass away, form one month until today above two thousand people become victim of corona virus, maybe need several weeks later for my government can stop this crisis.

[Soldierswitlittlefaith]

I think the crisis that we face today is really depend on our action or maybe discipline because if we continue to go out the virus will continue to spread and the crisis continue. We need to be more extra careful and obey to our respective government for good.

"....because if we continue to go out the virus will continue to spread...."

So now all of us should hold the  STAY AT HOME SIGN, i don't know why everybody is focusing on stay at home, govt. seems to concentrate on lock-down lock out but, no body is considering the consequences.

I'm in rome, yeah good news the ncov-19 curve is sliding down gradually but, what about report of young people who be-headed their parent's during this lock-down because they are afraid or they heard that most elderly people are carrier's of corona virus.

Media fails to report about the consequences of lock down. There are lot of related stories around the world.
So, pls i suggest we jump to another thread if, we have nothing to talk about here.


Thanks

[CHENIEN]

This economic crisis will be unpredictable due to covid-19 particularly in the infected area and it is still fighting by the whole world government including the world health organization. I think some labor expert in medicines are constantly looking for a real cure to help but sadly there is no good news because they can't move properly its because the enemy is already there and the worst of it, they can't see the form of the virus to shoot, so our real weapon is useless. In my opinion, the perfect vaccine has already there in China although they deny it there is a possibility due to the disease began in their country.

[PaySpace]

There are two ways that the world comes out of lockdown. The first is to let the virus sweep through the population in a mass cull of the old and weak. The second is to find the science that will prevent that from happening.
Short term: 3 months
By summer it could well be that London is declared coronavirus-free. The infection may cling on in pockets of the country, but if it works, it will be in abeyance everywhere.

[verita1]

When the Covid19 vaccine is available. We will see better the economic situation that we have to rebuild. I think we are living in other times than 100 years ago and the damages cannot be compared.
We just have to be patient, take care of ourselves and care for the people around us.

[Naida_BR]

No one can know how long this crisis will end, but we hope it will end soon. Therefore follow the government's recommendation
to stay at home, to reduce the spread of the corona virus. The whole world economy destroyed because of this corona virus, if it
does not end soon it can be dangerous for human life.

The health crisis is not going to end soon, it will be just stabilized.
We are going to see many side effect from coronavirus. The world's economy is going to be affected as well and we are going to see a difficult fiscal year for all countries in 2020 as both the US and China are already affected.

[Bezobraznike]

I dont think so, we have much more advanced technology compared in the old ages where it takes a 5-8 years or even decade to find a cure. Right now, with the thousand of research and medical scientific advancement. My guess is it would take 1-2 years.
But hey, who knows maybe some pharmaceutical company already built a vaccine and this is all part of their scheme.

Yeah no one know what is going on around us people are so selfish as I have heard some countries have made the vaccine but they are not sharing about I with other counties which is totally wrong according to me but hoping for the best I hope this problem will be solved very soon and we will again be able to move safely in our society's and will be able to use crypto happily.

   They say for a month and half to get out from virus threat, and month or two to get back in normal. More or less
3 months minimum before some big sport events, to people start travel again and move like we did before. But no
doubt people minds will change after this, and maybe we will take more time to be normal again!
   Some countries are selfish, but it's the power of money, who have more money can pay higher and get what
they wants. Poor countries don't have a chance against. 

[Kez1817]

Nobody knows when this crisis will end. Only we can do is PRAY and TRUST to GOD that it will end in a few months. May God give wisdom to our doctors to find a medicine for this virus so that everything will going back to normal. Stay safe everyone.

[Shasha80]

I don't know when the Corona Virus crisis will end, but in my opinion it will likely last until the end of the year. Because until now the spread
of the corona virus is still ongoing throughout the world, there hasn't even been a sign that it will end. This has a bad impact for the world
economy, because many people are laid off from work. And we are required to make money from home, lucky for us who know cryptocurrency
can make money from home.

[desticy]

I don't know when the Corona Virus crisis will end, but in my opinion it will likely last until the end of the year. Because until now the spread
of the corona virus is still ongoing throughout the world, there hasn't even been a sign that it will end. This has a bad impact for the world
economy, because many people are laid off from work. And we are required to make money from home, lucky for us who know cryptocurrency
can make money from home.

If you look at the Chinese example, we can assume that the epidemic can be stopped by introducing strict restrictive measures.
Unfortunately, a number of countries introduced these measures relatively late, which in the end can lead to the most dire consequences.

[Fundamentals Of]

I don't know when the Corona Virus crisis will end, but in my opinion it will likely last until the end of the year. Because until now the spread
of the corona virus is still ongoing throughout the world, there hasn't even been a sign that it will end. This has a bad impact for the world
economy, because many people are laid off from work. And we are required to make money from home, lucky for us who know cryptocurrency
can make money from home.

If you look at the Chinese example, we can assume that the epidemic can be stopped by introducing strict restrictive measures.
Unfortunately, a number of countries introduced these measures relatively late, which in the end can lead to the most dire consequences.

I am not that confident on the Chinese figures. There were many non-Chinese news provider that said their government is hiding the truth. That China is manipulating their own situation in order to control their own economy from collapse. And we all know that the Chinese government is not allowing its media to talk bad when it comes to China.

I think Corona virus will take affect world economies big time for 6 months. A cure is still to be developed and it also takes time for mass production, shipments and distribution.

[Averim]

For the people in this community that understand spanish, I wanted to share this video I created yesterday comparing the current situation with the different crisis we had in the last 100 years.

https://www.youtube.com/watch?v=rs5Yyvih14M&list=PLz_NVO61eqw70kA4Z9z854OoyibpDpOuq&index=2

Do you think it will be uglier than the others?
 
All feedback is welcome to keep improving!:)

This sanitary crisys won't be worst compared to spanish flue but it will last at least till the end of the year.

[raynerhf]

I'm predicting a year before everything (economy, etc) goes back to normal.

[super bako]

in facing situations like the economy as it is today, businesses are required to be able to carry out efficiency strategies. Minimally to survive until the outbreak is over. If the global pandemic is over, hopefully an accelerating reversal will occur (pullback) from the downward curve which dived so sharply, as is the case at the moment. The curve dropped sharply in the usual short amount of time. When the end reversal will occur (pullback) the upward curve will also occur quickly in line with the recovery of the economic situation. Hopefully this outbreak quickly passed

[iv4n]

in facing situations like the economy as it is today, businesses are required to be able to carry out efficiency strategies. Minimally to survive until the outbreak is over. If the global pandemic is over, hopefully an accelerating reversal will occur (pullback) from the downward curve which dived so sharply, as is the case at the moment. The curve dropped sharply in the usual short amount of time. When the end reversal will occur (pullback) the upward curve will also occur quickly in line with the recovery of the economic situation. Hopefully this outbreak quickly passed

But businesses can't do anything, many businesses depends on people, from masses that travel and spend money, now nobody travels, everything is closed! Even a guy who earns on the street from selling sweets can't work, how can he feed his family?
Reality is that this crisis will last for long for some people and some businesses. Even when governments across the world open their borders, daily routine will not come back so fast, many people will be trapped in situation without job and money.
Virus will pass, but situation will get worst for many. Having in mind what  is happening with current economy I'm afraid that we will need to face much bigger problems than virus itself. And believe that the current establishment will not be able to deal with all these problems! I see the system failure in the near future, and that is why I am more bullish on crypto than ever before!

[Oasisman]

~snip~

If you look at the Chinese example, we can assume that the epidemic can be stopped by introducing strict restrictive measures.
Unfortunately, a number of countries introduced these measures relatively late, which in the end can lead to the most dire consequences.

It's maybe late for other countries to implement preventive measures, but China obviously did something to contain the further spread of the virus. If you come to think of it, China should've the most cases since they were the epicenter and that virus came in surprised. How come they suddenly became more than ready for such worst spread like what's happening in the Italy or now the worst in America?

[hahay]

in facing situations like the economy as it is today, businesses are required to be able to carry out efficiency strategies. Minimally to survive until the outbreak is over. If the global pandemic is over, hopefully an accelerating reversal will occur (pullback) from the downward curve which dived so sharply, as is the case at the moment. The curve dropped sharply in the usual short amount of time. When the end reversal will occur (pullback) the upward curve will also occur quickly in line with the recovery of the economic situation. Hopefully this outbreak quickly passed

But businesses can't do anything, many businesses depends on people, from masses that travel and spend money, now nobody travels, everything is closed! Even a guy who earns on the street from selling sweets can't work, how can he feed his family?
Reality is that this crisis will last for long for some people and some businesses. Even when governments across the world open their borders, daily routine will not come back so fast, many people will be trapped in situation without job and money.
Virus will pass, but situation will get worst for many. Having in mind what  is happening with current economy I'm afraid that we will need to face much bigger problems than virus itself. And believe that the current establishment will not be able to deal with all these problems! I see the system failure in the near future, and that is why I am more bullish on crypto than ever before!

I often get news like that at the moment when this situation is about them or traditional traders to get income to cover their daily needs on the same day, and when they do not trade on that day then they find it hard to get materials for food etc. and they will sell anything which can make money just to buy food, but for those who are lucky will quickly get help from the local government such as giving them assistance or donations. Obviously, this pandemic will make something that will not be easy to solve and even the vaccine itself still has to go through the test phase first and it also takes a long time so I'm not sure this crisis will finish quickly.