How long this crisis will be?

[arowana33]

This crisis is longer than what most of expected even though if the spread of the virus could be stopped the damages to our economy will be prolonged and could take years to heal. But after this we have to keep going in order to survive and make good plans in advance.

You should understand that if people will go out there to streets like tomorrow - it will partially help out economy to keep the damage lower.
But virus will be spread again and second outbreak could actually kill economy of the world
On the other hand we could wait for couple more months now, it won't hurt that much - it will take like 1-2 year to heal

[lepbagong]

This crisis is longer than what most of expected even though if the spread of the virus could be stopped the damages to our economy will be prolonged and could take years to heal. But after this we have to keep going in order to survive and make good plans in advance.

You should understand that if people will go out there to streets like tomorrow - it will partially help out economy to keep the damage lower.
But virus will be spread again and second outbreak could actually kill economy of the world
On the other hand we could wait for couple more months now, it won't hurt that much - it will take like 1-2 year to heal

it's hard to guess when this pandemic will end, if you see a medical journal it takes up to 18 months to be able to get drugs and vaccines. imagine what will happen if you wait until that long. With the implementation of a "stay home" for only 3 months the economic impact has begun to be disrupted, many small and medium-sized companies have to reduce employees because they have not been able to fully produce normally, due to the unavailability of materials.

many countries are innovating so that the economy can run slowly and surely, reducing the number of workers so that "physical distancing" can be carried out so that no further transmission occurs. health protocols are strictly implemented. but sometimes not all human can be arranged, it is very feared that there will be a further pandemic that could be more devastating.we don't expect it to happen

[josephsonand]

I see no reason to expect that the state will decide something. Most likely, the crisis is just beginning. We need to think for ourselves how we will live and what we will do.
I'm not talking about a virus (which will end soon itself), but about what follows after that.

[tvplus006]

Yes contact with other people is impossible to eliminate. Another, the way of paying coins and bills. We know that money is dirty due lot of hands touches it. Online transactions are not yet implemented by all of the stores and coins/bills are still the major mode of payment which is prone to spreading of virus.

The use of Fiat does not actually affect the spread of the coronavirus as much as it is written about. But I agree that the number of operations with Fiat should decrease. But this is perfectly handled by credit card payments and contactless payment methods.

[lumeire]

Yes contact with other people is impossible to eliminate. Another, the way of paying coins and bills. We know that money is dirty due lot of hands touches it. Online transactions are not yet implemented by all of the stores and coins/bills are still the major mode of payment which is prone to spreading of virus.

The use of Fiat does not actually affect the spread of the coronavirus as much as it is written about. But I agree that the number of operations with Fiat should decrease. But this is perfectly handled by credit card payments and contactless payment methods.

You are wrong my friend. A lot of bank notes were contaminated with corona virus but don't know about any case due to an infected bank note, but surely there would have been transmission by bank notes as well. Even there were many videos of people spitting on the banknotes from india and then throwing away those in open in order to spread the virus. Also a report was also there in which the bank notes were being sanitised by the government for making them safe for use. But still digital payment methods should be preferred at this time and if you are ordering something online then you should pay in advance instead of opting cash on delivery, it will be better for you.

[OrangeII]

This crisis is longer than what most of expected even though if the spread of the virus could be stopped the damages to our economy will be prolonged and could take years to heal. But after this we have to keep going in order to survive and make good plans in advance.

in fact, there is currently so many negative and positive news. it's just that the crisis still continues, even though there is enough positive news at this time. however, the current situation will not change as long as the vaccine from Covid-19 is not found.

[BobBct]

I feel like this crisis will end about October-November. Because we need time to recover if we don't, More cases will happen and this will just worsen. So if i were you I would distance myself to people if it's not necessary.

[hahay]

This crisis is longer than what most of expected even though if the spread of the virus could be stopped the damages to our economy will be prolonged and could take years to heal. But after this we have to keep going in order to survive and make good plans in advance.

in fact, there is currently so many negative and positive news. it's just that the crisis still continues, even though there is enough positive news at this time. however, the current situation will not change as long as the vaccine from Covid-19 is not found.

The media can make this event more negative or maybe more positive in some places, so I'm not really concerned about what is happening because we just need to follow whatever the government orders because after all, vaccines are very important right now and if this outbreak have disappeared 100% whether it's with vaccines or maybe there is a miracle, so afterwards I'm sure this economy will recover quickly because every country will surely work more optimally to restore the economy.

[kolbalish]

It can't be said surely and even I can't predict anything. Because many time already wasted to predict it and there are many people from different countries tried a lot and still they are trying but no solution yet to satisfy us. Even if China provide any vaccine now, people won't accept it easily I think.

[bearexin]

I assume it will be until 2021, I don't know what will happen after 2021, I don't know if it will continue to 2022 who knows, but I know it will be "at least" until 2021. We are only 6 months away from the new years and right now economy is still not doing well, yeah sure the stats might be looking good, and yes stock markets looks recovering and yes governments are doing whatever they can, but look at the regular human, that individual person is affected beyond measure and we all have huge piles of debts now that we can't pay. That is the reason why I say it will go until 2021.

You can see stock market doubling in profit but that doesn't mean anything at all unless the regular worker is not getting part of it at all. Whats a recovery if it is not for every human and not just companies and CEO's.

[Janation]

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!:)

I really think that as far as we do not have a legit vaccine in place, then there is no healing that's going to happen. Hopefully, Im wrong and we get an alternative solution.

Luckily you are wrong, in terms of a country.

This might be incomparable to what you are saying but New Zealand din't have any cases now. It appears that if you really know what you are doing and people actually follows the knowledgeable ones, it will end quickly and until now they still don't have a case.

[FlightyPouch]

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!:)

I really think that as far as we do not have a legit vaccine in place, then there is no healing that's going to happen. Hopefully, Im wrong and we get an alternative solution.

Luckily you are wrong, in terms of a country.

This might be incomparable to what you are saying but New Zealand din't have any cases now. It appears that if you really know what you are doing and people actually follows the knowledgeable ones, it will end quickly and until now they still don't have a case.

This might be the case for New Zealand but that doesn't mean that it would be the same with other countries. There are those countries that governments don't know what should they prioritize. I am not saying that it is in the negative way, no. They want to help but they want ro help so much that they don't know what to give and what the people really needs.

[enhu]

I see no reason to expect that the state will decide something. Most likely, the crisis is just beginning. We need to think for ourselves how we will live and what we will do.
I'm not talking about a virus (which will end soon itself), but about what follows after that.

One has now to start adapting the new things in business or have to think out of the box so that it can cater the requirements and create the needs among the people. Now the spending power will reduce after the virus is over. Businesses are already started to get impacted and will become bad as the time passes due to various reasons. So demand will be less and thus leading to the slower economic pace and growth. It will take at least a year or more it seems now for economic revival.

It may take even longer than a year. The covid19 cases are still growing and as long as there is closing of cities and businesses, the crisis will be here. Its has just started yet. A year later the industries that closed will have a hard time coping up with the new system.

Even if government will declare Covid is gone and safe to go out, lots of us might not go out still.
Many people are still afraid to go out of their houses so its a hard start for businesses today even if they find employees to work for them, they may find it hard to gain when there are no clients.

[stiffbud]

Even if government will declare Covid is gone and safe to go out, lots of us might not go out still.
Many people are still afraid to go out of their houses so its a hard start for businesses today even if they find employees to work for them, they may find it hard to gain when there are no clients.

The government only want to restart the economy now more than ever. They don't really care about the lives of its people as if they would have taken care of the people then the cases would have not been rising till now and would have been taken under the control because the government wouldn't have opened the economy. Whereas people are now more scared than ever as they are actually thinking about their lives more than going to the job for money. If you are alive then you can make money later in life, but if you get infected by corona virus then the chances of you dying might increase and who would take care of your family, this is what people are most fearsome about.

[Jaspion]

This crisis is longer than what most of expected even though if the spread of the virus could be stopped the damages to our economy will be prolonged and could take years to heal. But after this we have to keep going in order to survive and make good plans in advance.

in fact, there is currently so many negative and positive news. it's just that the crisis still continues, even though there is enough positive news at this time. however, the current situation will not change as long as the vaccine from Covid-19 is not found.

Yes, thats the deal.
But there is a chance that we'll manage to develop some form of covid tests which will multiply its current efficiency.
This way we could test most of population - ill ones will remain home, others will go at work

[Robust Crypto]

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!:)

maybe until 2022, that's my estimate and by then, the whole economy will go into a depression.

[chrisculanag]

Some other said that this pandemic will long two years and more. But if the others don't do the healthy measured that need to fight or lessen the virus then its spreading fast and the virus still alive more in years. The only one cure to end this pandemic is the vaccines but we dont know what time is this make or someone already make this. Just always away in the places that have a cases of this virus.

[Mauser]

Some other said that this pandemic will long two years and more. But if the others don't do the healthy measured that need to fight or lessen the virus then its spreading fast and the virus still alive more in years. The only one cure to end this pandemic is the vaccines but we dont know what time is this make or someone already make this. Just always away in the places that have a cases of this virus.

The forecast for a vaccine being found is still around the end of the year, but who knows how detailed the testing is going to be. Having long term studies on the effect of the vaccines will take a long time. And even with vaccines around, I don't think all people will want to take them. In the end it will be hard to totally get rid of Corona.
I believe it will be similiar to Ebola in the end, where every few years we hear news of another outbreak.  Even the plague is still around today in sub-Saharan Africa and Madagascar.

[josgandosbro]

This crisis made the world economy collapse, maybe after the vaccine was found it took about less than 1 year to make everything stable. after it recovers we don't know what will happen next to the world, it will be better or another virus will come

[Farma]

Definitely this is a very protracted crisis and we need to be mentally prepared for this.

Still there is no early sign of the vaccine to be there to fight against this virus and longer it continues it endangers all our lives and also the world economy is suffering because of it. How long it will take again to recover fully is still unknown, but it would be 1-2 years from now on.

for now, the existence of COVID-19 is no longer so horrendous. even in some cities in my country, I have done activities as usual. however, we do not know when this crisis will end, and there could be a second wave of spread. as long as the vaccine hasn't been found, it looks like the crisis won't stop.