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April 23, 2020, 08:39:07 AM
 #141

I think they are negative about the future of the upcoming economy. but they are right because people are still obsessed with the economy being shut down and people need time to recover. But I am sure one thing is that the services and industry will still come back quickly and it will never end. Remember, this is an economic virus and it will only last for a short time. be positive and plan for a better and more positive future.
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April 23, 2020, 12:49:01 PM
 #142

We all wanted to get back into normal activities but before it going to happen, we should have first to win the fight against the virus. Some people say this is a long battle and it needs the participation of everyone in order to make it fast. It certainly affects the economic system and many establishments suffered to it and lost Billions. But have something to find around that online marketing system has a massive increase. This not actually the crashing of our economic system as what I'd think first but it is also a reason to give room for all online businesses to improve and being recognized. And the business still going on.



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April 23, 2020, 12:54:33 PM
 #143

We all wanted to get back into normal activities but before it going to happen, we should have first to win the fight against the virus. Some people say this is a long battle and it needs the participation of everyone in order to make it fast. It certainly affects the economic system and many establishments suffered to it and lost Billions. But have something to find around that online marketing system has a massive increase.

It takes a lot of damage to the economy when the pandemic outbreak comes out and this is not quite good because it really hits hard the whole trading most of the country today made a lockdown and some of them already cancel the transport of the foods and other kinds of stuff into another country to avoid getting included and hits their country too so the one solution is using their own resources in the country but not all the time it is enough to make surviving if the pandemic outbreak will extend for the following months.
Hopefully, the one thing that we want to hear is the world becomes normal each part of the different counties now are made 0 cases and fully cured their people to the virus the stocks exchange, and the market welcome back again and back to normal.

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April 23, 2020, 01:19:15 PM
 #144

I think they are negative about the future of the upcoming economy. but they are right because people are still obsessed with the economy being shut down and people need time to recover. But I am sure one thing is that the services and industry will still come back quickly and it will never end. Remember, this is an economic virus and it will only last for a short time. be positive and plan for a better and more positive future.
More people are eager to work back and continue doing their business, in order to survive we needed to be positive that after this crisis the chance to turn things to its normal state still possible, though everything are depends from how future bring us and how determine both the government and the communities. It will reflect how fast or how slow the recovery will take place and enhance the economy to return back to normal.

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April 23, 2020, 02:22:48 PM
 #145

i think and i hope something change after the pandemic is people really carefully about what they eat , stop eating "weird" thing that will cause more viruses to the body itself

People will wash their hands more and avoid other people for few years. Then they will forget and return back to pre 2019. It was same after Spanish flue. It got back to normal at around 1922.   Do not expect normal flu to be of any strength this winter. People will be very cautious and virus will simply not be able to expand enough to attack elder people.
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April 23, 2020, 04:47:44 PM
 #146


Quote
Which industries will die off first because of pandemic?

The obvious one for me is the movie theaters but what else?

https://twitter.com/needacoin/status/1246191483746574337

what do you think---are entire industries about to disappear because of the pandemic? will some aspects of the economy and general life irreversibly change after this?

or are these people just drama queens who are blowing everything out of proportion? maybe people will forget all about the coronavirus in a couple years time and nothing will change. that's what happened after the H1N1 scare.

It's not like these industries can easily disappear because of the pandemic, these too shall adapt accordingly to fit the current trend. For now, it's social distancing, since we are at the early stages, things will momentarily halt. But in the later stages -- the recovery phase, distancing maybe the norm. This goes with some aspects of the economy and in general life as well.

This too shall pass. And I don't think ppl are blowing things out of proportion because unlike the H1N1 swine flu, Covid-19's transmission and mortality rate are higher. Read it here.

 
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April 23, 2020, 05:46:20 PM
 #147

Think about the time of Spanish Flu, did anything change? No, because the industries are revived, the reason why some industry die in times of pandemics is just a coincidence, the real reason is becoming obsolete and the fast and ever changing technological development.
this is a disaster of a different epidemic of friends if you compare it with a Spanish flu which only causes one country. The disaster is now global in all countries and kills many people in every country that has a co-19 impact. This will affect the declining industry not conducive and not yet known to be back to normal. because we do not know this will end when calamity and when covid-19 is ended to normalize the industry of each country may take a lot of months or years.

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April 23, 2020, 07:03:17 PM
 #148

It's not like these industries can easily disappear because of the pandemic, these too shall adapt accordingly to fit the current trend. For now, it's social distancing, since we are at the early stages, things will momentarily halt. But in the later stages -- the recovery phase, distancing maybe the norm. This goes with some aspects of the economy and in general life as well.

This too shall pass. And I don't think ppl are blowing things out of proportion because unlike the H1N1 swine flu, Covid-19's transmission and mortality rate are higher. Read it here.

That's one of the things making me bearish about a recovery in the entertainment, travel, and tourism sectors. People are very fearful, as they should be, since the corona virus is drastically more infectious than the flu. I suspect mortality is actually being overstated, but the comparisons to the flu are ridiculous because of how much faster and easier the corona virus spreads. Some estimates put it at 3x as infectious.

Think about bars, restaurants, theaters, sporting events, concerts, conventions, festivals, passenger airplanes, cruises, etc. All places where physical distancing is nearly impossible, unless capacity is cut to an insane degree where businesses can't make any money.

Many think people are so pent up in their houses that they will be racing out the door to spend money when businesses reopen. I think the novelty of that will wear off extremely quickly, especially when infection numbers begin surging again after distancing measures are relaxed. Fear will take over again and everyone will quickly stop spending money.

When you add in the deflationary costs of the crash, I get even more bearish about economic recovery. People are making much less income (if any), savings are tapped, and the primary concern going forward is food, mortgage or rent, and to a lesser extent health care. People are and will be spending much less money on non-essential goods and services, which will reinforce the deflationary tailspin the economy is already experiencing.

Another Great Depression is not guaranteed by any means, but the possibility is magnitudes more likely now than it was 6 weeks ago.

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April 23, 2020, 10:42:11 PM
 #149

there's a new narrative emerging that life will never return to normal after the coronavirus pandemic:

Quote
I don't think people realize that there is no normal to go back to anymore.

At absolute minimum:

1) Supply & demand has been reallocated across the economy, with travel & events zero'd out, remote work & masks to infinity
2) Virus permanently changes public behavior
3) Supply chain disruption just starting

Even if the virus did vanish in a puff of smoke and everyone went "back to work", the behavior of billions of people and every country has been permanently changed.

Demand won't quickly come back, borders won't easily reopen, international relations won't be the same.

https://twitter.com/balajis/status/1246151098986983424

Quote
Which industries will die off first because of pandemic?

The obvious one for me is the movie theaters but what else?

https://twitter.com/needacoin/status/1246191483746574337

what do you think---are entire industries about to disappear because of the pandemic? will some aspects of the economy and general life irreversibly change after this?

or are these people just drama queens who are blowing everything out of proportion? maybe people will forget all about the coronavirus in a couple years time and nothing will change. that's what happened after the H1N1 scare.

Surely, after the pandemic, people will be afraid to go out of the country or be with a swarm of people. This could in turn affect small scale businesses and even industries like malls, movie theaters, and the like. However, we can't be sure that those businesses will die out and not be functional anymore. As soon as we have the vaccine or the world is COVID-19 free, little by little, the movement of goods and people will stabilize once again.

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April 24, 2020, 01:56:56 AM
 #150

i think and i hope something change after the pandemic is people really carefully about what they eat , stop eating "weird" thing that will cause more viruses to the body itself

People will wash their hands more and avoid other people for few years. Then they will forget and return back to pre 2019. It was same after Spanish flue. It got back to normal at around 1922.   Do not expect normal flu to be of any strength this winter. People will be very cautious and virus will simply not be able to expand enough to attack elder people.
this pandemic will change daily habbit most people, they will more care about cleaness in their life. people before this covid 19 pandemic rarely use face mask or even clean their hand after did some activities. we be taught alot in this accident, and maybe after this pandemic ended our life will be more care about washing hand and other think. spanish flu and covid 19 really give us alot experience so in future we will not face same condition again with new virus varian.
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April 24, 2020, 04:42:41 AM
 #151

We can return to normal life that we have before if the lockdown will be lifted, the economy is keep collapsing because of the lockdown where the business are not operating and also the mass transportation are not operating. In my country, the problem is the mass transportation where people cannot get into their work because of the lockdown. There are a lot of people who lose their job because of this pandemic and economists says that it will take time to get back to our normal lives like before. But the good thing of the lockdown is its flattening the curve of the virus where the infected persons are getting smaller and smaller.
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April 24, 2020, 05:41:38 AM
 #152

what do you think---are entire industries about to disappear because of the pandemic? will some aspects of the economy and general life irreversibly change after this?

or are these people just drama queens who are blowing everything out of proportion? maybe people will forget all about the coronavirus in a couple years time and nothing will change. that's what happened after the H1N1 scare.

We are in the middle of this right now. I guess it is very normal for people to begin to think of things according to the current environment of fear, anxiety, and even panic. The pervading atmosphere of today is one characterized by worry and gloom. We are isolated from close friends and families. Traveling is dead. Sports matches are nowhere to be found on our favorite channels. We cannot go to our favorite coffee shops and bard. The news are all revolving around the crisis. This is our world today. It is full of emotion, and we are at the moment of complete absorption of what is happening around.

However, I tend to believe that once this ends fully, it will only take a year at most before the worries are all gone and everything's back to normal, for the ordinary people at least. But perhaps it will never be the same to the people up there who create plans for the country, formulate national outlook vis-a-vis the global vulnerabilities, analyze possible defenses against incoming similar large-scale crises and pandemics, and the like. Lessons must be learned.

It is hard to say that after this pandemic, everything can go back to normal easily because there are lives that have been wasted, economy crashes, delayed future of the students, youth having mental problems and etc. We should consider a lot of factors and effect of this pandemic in our society and economy. Industries will go down because of the people and business that can't continue to do their job, most especially those people who are relying on their work just to have money to feed for their family. I'm pretty sure that it will take a lot of years for people to completely recover from the inconvenience that we experienced, maybe it will take 2 to 3 years so that the global economy can recover all of its losses.

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April 24, 2020, 06:04:54 AM
 #153

bad news for those hoping to get back to normal.

Quote
President Donald Trump said Thursday that his administration may extend its national social distancing guidelines until early in the summer or later.

“We may, and we may go beyond that,”  Trump said at a White House press briefing when asked if the federal guidelines would need to be extended at least until the start of summer.

https://www.cnbc.com/2020/04/23/coronavirus-trump-may-extend-social-distancing-guidelines-to-early-summer.html

start of summer = june 20. and possibly beyond that. Shocked

this is bonkers. the CDC is already talking about the next wave of coronavirus in fall/winter. can you imagine reopening in august only to lockdown again in november?

tbterryboy
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April 24, 2020, 03:59:01 PM
 #154

Talking about human beings won’t be able to interact with each other’s as they used to do; if the virus ends today and there is no more cases being reported, does that mean that you wouldn’t hang out with your family? Hug them, kiss them, and all that? You’re going to do that, and by doing that, you’re still interacting with them and there is the possibility that they or you would shake someone else. I don’t think there is any thing that’s going to change the way people interact with each others.

Everyone is just being careful right now because the virus is still circulating and they are all trying to stay safe so they don’t get infected with the virus. So when this is over, I don’t see any changes taking place.
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April 24, 2020, 04:11:56 PM
 #155

The media do enjoy causing panic and it’s unfortunate that there is so much conflicting information everywhere. I believe it’s a case of time will tell but ultimately I do see things going back to normal once cases slow down.
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April 24, 2020, 08:56:39 PM
 #156

The media do enjoy causing panic and it’s unfortunate that there is so much conflicting information everywhere. I believe it’s a case of time will tell but ultimately I do see things going back to normal once cases slow down.

The media are on both sides, giving information and also spreading panic sometimes too. But as for coming back to normal, yes it will but not in total because taking about commodities, inflation might have had impact on them . Normal life will resume as when covid-19 will have vaccine but price of goods will be affected.
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April 24, 2020, 11:07:09 PM
 #157

snip**
will forget all of this? It seems impossible, H1N1 does not cause such a massive panic, the effect of this corona will heal for a long time

after this plague really ended, a monument must be built, to remember and so that the world in the future does not forget this covid19 outbreak that once disrupted the world economy

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April 24, 2020, 11:25:48 PM
 #158

snip**
will forget all of this? It seems impossible, H1N1 does not cause such a massive panic, the effect of this corona will heal for a long time

after this plague really ended, a monument must be built, to remember and so that the world in the future does not forget this covid19 outbreak that once disrupted the world economy

We will never this even without that monument, though this pandemic will end, the world is still not safe for a new virus, they need to continue finding the cure of the virus and study it so every time there's a new virus, they will be able to defeat it in a short period of time only, not this kind of situation we are facing now that we still have no idea if they already found the vaccine and therefore people are still in feat of getting infected, that would result to a bad economy due to a slow  recovery.

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April 24, 2020, 11:28:30 PM
 #159

Talking about returning to normal right now Vietnam have been success become first country in the world stop corona virus, we most appreciate with their government how to stop corona virus and more than one week they haven't new victim of corona virus, there are not one pass away with corona and look will success for return to normal.

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April 24, 2020, 11:50:37 PM
 #160

Everyone is just being careful right now because the virus is still circulating and they are all trying to stay safe so they don’t get infected with the virus. So when this is over, I don’t see any changes taking place.

"When this is over"

It's interesting to think about what that even means anymore. Is that in 2-3 years when maybe there will be a safe and widely manufactured vaccine? I don't mean to be pessimistic, but vaccines for SARS and MERS were never successfully developed.

Just a month ago, we all thought we could isolate for 3 weeks and this would all be over, but cases are still surging all over the world even with rigid lockdowns being enforced. The most promising treatments so far (remdesivir and hydroxychloroquine) are both failing in clinical trials too.

People are scared too. I've never seen people so scared of each other. 80% of Britons do not feel safe going back to normal life. Similar numbers in the US too. 80% of Americans support the ongoing shutdown.

These numbers indicate consumers are drastically changing their behaviors, which could have long lasting economic and social effects even after the official shutdowns end.

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