returning to normal

[Averim]

I believe what happened before the pandemic was not normal, the entire world depending by the production capacity of China??? I mean, ok the price is low and the quality is good but what about situations like this? Current politics represent for me normality, i don't mean the social restrictions but the national strategy to build and product our own day by day goods.

[drlukacs]

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

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


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?

I don't think it will be so badly affected. That's just the negative thought of some people about this world. everything is just halted and when the epidemic is under control everything will be back to normal and even more active than ever. The workers are now waiting for the day of social isolation to return to work. People are expected to have jobs and money. so I believe that there is no disappearance in some industries. This is just a temporary stop.

[raidarksword]

This pandemic caused so much harm to our lives as many are affected due to the corona virus, even our economy are down and not to mention crypto as well are affected badly. Despite the scare, bitcoin is slowly climbing up to its potential because of the halving is nearly coming. As we find a cure for all of this, we will return back to normal life and slowly we building up to raise our economy status, especially to the crypto status that may bring positive outcome to it once this is all over.

[FanatMonet]

This pandemic caused so much harm to our lives as many are affected due to the corona virus, even our economy are down and not to mention crypto as well are affected badly. Despite the scare, bitcoin is slowly climbing up to its potential because of the halving is nearly coming. As we find a cure for all of this, we will return back to normal life and slowly we building up to raise our economy status, especially to the crypto status that may bring positive outcome to it once this is all over.

At the moment, for example, in the USA they say that the coronavirus vaccine will be ready for mass use only by the beginning of next year, and this is a huge loss for the entire economy and people. But the economy does not recover immediately after the advent of the vaccine, and this could result in a recession.

[Btc_1856]

This pandemic caused so much harm to our lives as many are affected due to the corona virus, even our economy are down and not to mention crypto as well are affected badly. Despite the scare, bitcoin is slowly climbing up to its potential because of the halving is nearly coming. As we find a cure for all of this, we will return back to normal life and slowly we building up to raise our economy status, especially to the crypto status that may bring positive outcome to it once this is all over.

At the moment, for example, in the USA they say that the coronavirus vaccine will be ready for mass use only by the beginning of next year, and this is a huge loss for the entire economy and people. But the economy does not recover immediately after the advent of the vaccine, and this could result in a recession.

WHO already mention in order to get vaccine it will take more than one year, so meanwhile, we might see huge losses to governments because they are losing the lives of the people, in order to recover the economic growth it will take some time. As of now, nothing is in our hands because based on the government's decision we have to move.

[Russlenat]

WHO already mention in order to get vaccine it will take more than one year, so meanwhile, we might see huge losses to governments because they are losing the lives of the people, in order to recover the economic growth it will take some time. As of now, nothing is in our hands because based on the government's decision we have to move.

That's sad but that is the reality, the virus spread may reduce due to the measures of the government like the lock down, but it will heavily affect the economy as business will be limited, usually those who attract big crowd are the ones making big money, but with the virus, they can't operate for awhile until the vaccine is created.

[GDragon]

Movie theaters were dying long before corona came in, they have huge rents, I mean they are usually huge in place they cover as well, just one of them takes so much space, 50+ seats and so forth, and usually each place has 5 of them at least, some even more, that means we are talking about a cinema saloon taking up 300+ seat place in general plus the place where you buy the tickets and popcorn and all, so they do not pay rent like a regular clothes shop or something, they paid a lot. Plus they are giving half of all ticket sales to movie makers, which makes sense as well.

Compare that to netflix, zero rent and they just buy things off right away and there could be a million viewers or just one, doesn't change anything because it is basically all paid for, and they get hundred million people paying for it all around the world as well. Hence at the end of the day those places will be novelty one day, netflix will take over many of them.

I agree with you about the movie theaters going down even before the virus. It was because of the online platforms available for the people. Its also true that the virus makes it worse, people are now scared with strangers sitting with them. However, I don't believe that it doesn't change anything. A film will be different if its seen in a big screen than in a phone screen or a laptop screen. You will be lost inside a theater and the only thing you should do is watch the film, while if you're at home, you can stop a film anytime because you have to do something, and somehow that will change the experience of watching a film. And watching a film is an experience, it may be true that cinemas will have fewer audience in the future, but I also believe that it will still stay. Not during this pandemic but once everything is okay. Some people still prefer to watch a film in a movie theater.

[abhiseshakana]

Yeah you are right iys true people are  so scared that they even cannot go out and enjoy their life so they want freedom and relaxation from this virus. I hope after this virus will end soon then people will live again as they lived before but till then its safe not to go out not to shake hands or sit with strangers so keeping this social distance until fully satisfactory recovery from virus is really important.

I do not know what is happening in other countries but what I feel in Indonesia, due to the prolonged containment of the corona outbreak due to the Indonesian government being inconsistent with the policies taken, it seems as if a pandemic is considered normal in Indonesia.

When the first case occurred in Indonesia at the beginning of March, public concern was clearly felt but after the number of positive cases touched 12,000 people as if Corona had become commonplace in Indonesia. Either because the people are getting bored or their stomachs are rumbling so mobility is getting crowded. The minimization policy of physical interaction only gives the initial shock effect of corona danger.

Unlike in Iran, the Iranian President will soon normalize life in Iran even though the death toll is still high, Normalization is needed due to the uncertainty of the end of the outbreak, if restrictions continue to be imposed on Iran will collapse. Although it has not yet entered the pitstop, Iran has already started running after the pandemic effect scenario. Health protocols are still being implemented namely washing hands, keeping a distance, and the use of masks.

[aakay]

With the effect of this virus on the world, i don't think the world will ever return to full normalcy rather what the world will do from now is adapting to survive. As it stands now, surviving is key.

[khunyung]

With the effect of this virus on the world, i don't think the world will ever return to full normalcy rather what the world will do from now is adapting to survive. As it stands now, surviving is key.

I think there will appear some normal state of world in a year or two.
However it could be absolutely different normal state compare to world we lived in before virus occurred.
I hope we'll meet more accurate, careful and deliberate people in this new world

[JoMarrah Iarim Dan]

This pandemic remind us how important our health is, teach us to pray especially for our safety, etc. This will marked and will be remembered by each and everyone of us even though we aged. We will bring this, we tell this stories to our grand childs soon. This will be thue kind of normal to us now.

[AlgoSwan]

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

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

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.

The “depression” is actually the process by which the economy adjusts to the wastes and errors of the boom, and reestablishes efficient service of consumer desires. The adjustment process consists in rapid liquidation of the wasteful investments. The depression is the process by which the economy returns to the efficient service of consumers. In short, and this is a highly important point to grasp, the depression is the “recovery” process, and the end of the depression heralds the return to normal, and to optimum efficiency. The depression, then, far from being an evil scourge, is the necessary and beneficial return of the economy to normal after the distortions imposed by the boom. The boom, then, requires a “bust.”

[darewaller]

We will definitely go back to normal. The thing is it will take a lot of years before we can actually go back to normal life because this wasn't actually an economical crash, it was basically a world wide stoppage of everything which means nobody made any money, not the people not the companies nobody really made anything.

So, starting back up will be harder, governments are trying their best to make money for the people who lost it, but the reality is since this is not a crash, you can't just print money at the scale of whatever people have lost and just cover it and move on, no this is basically everyone stopping and bankrupting and unemployed, so there is not enough money you can pay people to not hurt the economy while still not helping people.

[FanatMonet]

Recently I read quite interesting news about how we decided to deal with the crisis in Russia. We decided to give everyone a loan at 2% per annum (very cheap, usually 8-10), and provided that the company retains more than 90% of its staff, in a year all credit and interest will be written off.

[cutesgirl]

When returning to normal I will back to track and keep trading or investing with cryptocurrency world, right now only watching what will happen with bitcoin and altcoin price after halving time, back to higher price or keep stay tune with lower price.

[davinchi]

The article is not fully right. Yes, there are some who might start living a different life after this pandemic and they will try to be avoiding some things and mind the way they associate with people. But there are still those who don't care about all these, and they will continue to live the same life that they have been living before now; the life they are dying to live right now. If people really want to maintain social distancing after this pandemic, then they will all stop going to clubs and parties and other gatherings.

I don't have to tell you that all these things are not possible to happen, people will still go back to the same life they were living before. I even see some people that are not respecting the lockdown, they are still coming to do some things they are not meant to do at this time

[elisabetheva]

This pandemic remind us how important our health is, teach us to pray especially for our safety, etc. This will marked and will be remembered by each and everyone of us even though we aged. We will bring this, we tell this stories to our grand childs soon. This will be thue kind of normal to us now.

correct, health is very important because when we are sick of course the costs incurred are very large and can even be unlimited and can drain savings especially not covered by health insurance. This pandemic can be a reprimand to all to be able to hope and surrender to God. because until now there has been no drug and vaccine to break the pandemic chain. what is only done is to reduce the spread of the sick to the healthy, not eradicate the pandemic. hope this will soon be over if not the economies of many countries are disrupted and another crisis could emerge, namely the danger of hunger.

[quality.crypto]

WHO already mention in order to get vaccine it will take more than one year, so meanwhile, we might see huge losses to governments because they are losing the lives of the people, in order to recover the economic growth it will take some time. As of now, nothing is in our hands because based on the government's decision we have to move.

That's sad but that is the reality, the virus spread may reduce due to the measures of the government like the lock down, but it will heavily affect the economy as business will be limited, usually those who attract big crowd are the ones making big money, but with the virus, they can't operate for awhile until the vaccine is created.

Now there is no choice of the government because, in order to control virus spreading, the government should take strict actions about the lockdown. Of course, it will affect economic growth, but there is no choice, We might see a huge recession in the coming days because many people will surely lose their jobs. This makes the economic growth of the countries will be worst.

[lienfaye]

Now there is no choice of the government because, in order to control virus spreading, the government should take strict actions about the lockdown. Of course, it will affect economic growth, but there is no choice, We might see a huge recession in the coming days because many people will surely lose their jobs. This makes the economic growth of the countries will be worst.

Strict rules thats really needed so we should abide and listen to what they have to say because its for our own welfare. We cant go back to our normal lives if the virus didnt vanish and if there's no vaccine available to cure the infected. Everything that is happening is just temporary I just hope it wont last longer than expected because many of us are struggling to survive everyday especially those who dont have savings to buy goods and necessities.

[Golftech]

WHO already mention in order to get vaccine it will take more than one year, so meanwhile, we might see huge losses to governments because they are losing the lives of the people, in order to recover the economic growth it will take some time. As of now, nothing is in our hands because based on the government's decision we have to move.

That's sad but that is the reality, the virus spread may reduce due to the measures of the government like the lock down, but it will heavily affect the economy as business will be limited, usually those who attract big crowd are the ones making big money, but with the virus, they can't operate for awhile until the vaccine is created.

Now there is no choice of the government because, in order to control virus spreading, the government should take strict actions about the lockdown. Of course, it will affect economic growth, but there is no choice, We might see a huge recession in the coming days because many people will surely lose their jobs. This makes the economic growth of the countries will be worst.

It's better to choose life than trying to save your economy, government needs to strictly implement safety measures, there are lots of countries who are adding to the list of infected some who thinks that the virus was contained are now suffering more. Best to continue physical distancing and make sure that the people will continue avoiding social gatherings.