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Author Topic: The pandemic outcome  (Read 2093 times)
Twinkledoe
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May 01, 2020, 04:17:06 AM
 #141

It is very likely that we will be soon witness another crisis after this pandemic event many people around the world are becoming jobless, in other word no financial to face the reality when this such phenomenon exit, add up the mortgage and bills to pay for, it is sure pain in the back to workaround and see what we can do for the upcoming month during this pandemic.

For me I will just thrown away any things that can be sell off, to support what do I need for, and stay on my list to dos after the event I don't have a family for the moment sure give me a time to not worry about.

How about you give me your thought on this event  I might be adapt your idea and get some of it to surest my stability when the time comes,

I thought maybe a simple lifestyle would make people better in times of crisis like this,
sometimes many people waste money to buy something luxurious and expensive just to look elegant and in the end this attitude only worsens their situation

Just watch those dumpster diving vlogs from Youtube and you will know that a lot are wasted before- food, clothes, gadgets, and basically everything. I don't know if this will change after the pandemic is over. Will people go back to their old habits and waste more? Or they will be more frugal in life this time?
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May 01, 2020, 04:34:00 AM
 #142

Of course all people around the world affected by corona virus. One side, the rich maybe can survive during this pandemic, but on the other hand, the poor? we dont know, better if we share each other, what we have to give (especially food) for them who need. I believe this wrld will raise again if we stand together

There are not any difference between poor and the rich.
The coronavirus affects all people and doesn't take into consideration the money that anyone holds.
Those teams need to be protected not only by themselves but from all other people in society.
EdvinZ
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May 01, 2020, 05:58:19 AM
 #143

Some countries provide financial support to their citizens during this pandemic. You need to find out what money you can get from the state, and take advantage of this opportunity. If you have lost your job, it makes sense to look for online earnings. Some of these methods don't even require special skills. You need to save money and write all your expenses in a diary. This way you can optimize your expenses.

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May 01, 2020, 07:09:53 AM
 #144

Some countries provide financial support to their citizens during this pandemic. You need to find out what money you can get from the state, and take advantage of this opportunity. If you have lost your job, it makes sense to look for online earnings. Some of these methods don't even require special skills. You need to save money and write all your expenses in a diary. This way you can optimize your expenses.
Yeah at this point govs take some of troubles and divide it on every citizen of the country, so you better use this advantage otherwise you lose a lot of value overnight.
Moreover, if every person will optimize expenses we might feel just fine and recover economy fast enough we won't notice really
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May 01, 2020, 02:23:43 PM
 #145

In my opinion, you should buy gold to prevent inflation. Currently, national governments are printing a lot of money to support people who are unemployed due to the COVID-19 epidemic. This will increase the cost of goods many times. If you have a big savings then you can invest in cryptocurrencies. Besides, there are about 15 days to the Halving BTC date. So I think BTC price will increase significantly in the next few months.

Gold and crypto are really good to buy at this time and gold may just b a temporary phase which will see the upside and crypto if invested in good coins in right allocation can make our wealth grow in coming time. Though it is also better to have strategy as in long- and short-term goals and plan and invest accordingly so that we can make money in both terms.
Gold and Crypto are two of the greatest you can invest right now because inflation would probably kick in and your fiat will become more worthless. However do not forget that stocks increase a lot faster during this period as well, because they are getting constant cash injections to keep going higher and higher, which means if you really end up buying at the bottom for a stock, you would probably hold on until things get better, and see the stock skyrocket as well.

There are really not that many wrong answers right now, even the simplest things are quite profitable in the long run, whenever a crash happens everything goes low, if something bankrupts then it bankrupts, but if it gets help from government and does't bankrupt, that means we are going to see it eventually go up.
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May 01, 2020, 10:13:18 PM
 #146

Of course all people around the world affected by corona virus. One side, the rich maybe can survive during this pandemic, but on the other hand, the poor? we dont know, better if we share each other, what we have to give (especially food) for them who need. I believe this world will raise again if we stand together

There are not any difference between poor and the rich.
The coronavirus affects all people and doesn't take into consideration the money that anyone holds.
Those teams need to be protected not only by themselves but from all other people in society.
oh, sorry im not clearly declare that im focus on economic scope, not the pandemic. Because this topic is about outcome so i reply that. Hope you notice

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May 01, 2020, 11:24:47 PM
 #147

All of us affected in this pandemic some do not have food to eat, and some can sustain their needs. The outcomes give us a difficult situation to sustain that cannot do the job to earn money and others do the work of their home. Mostly we have this realization in life that saving money is very important that in times of crisis you have the funds to use to buy the needs for family.
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May 02, 2020, 04:51:40 AM
 #148

Of course all people around the world affected by corona virus. One side, the rich maybe can survive during this pandemic, but on the other hand, the poor? we dont know, better if we share each other, what we have to give (especially food) for them who need. I believe this wrld will raise again if we stand together
Rich or Poor People are dying in this virus so i think there is no separation if whom to survive or now as the cure still in searching and everyday people are struggling to survive from this pandemic.

But if you are referring to the Financial aspect meaning who can provide foods to eat?yeah Rich people are in advantage but it doesnt mean that poor cannot find food.

There are many organizations now from government to Non government on whos helping people in everyday basis,yeah they cannot sustain to feed all the poor in the world but at least they are extending effort to provide for at least 1-3 days meal per family and this is enough reason for us all to remain positive .









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May 02, 2020, 05:24:18 AM
 #149

The closure of factories and stores in China, along with travel restrictions to deal with the covid-19 epidemic, have resulted in a substantial decline in fossil fuel consumption in the Asian country.

This process produced a drop of at least 25% in China's carbon dioxide (CO₂) emissions, according to calculations by Lauri Myllyvirta, of the United States-based Research Center for Energy and Clean Air (Crea).
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May 02, 2020, 06:54:40 AM
 #150

All of us affected in this pandemic some do not have food to eat, and some can sustain their needs.
It depends on those who are capable of saving their money before this pandemic happens but we also know that there are some that has not enough income before so those are the one who struggle the most now.
The outcomes give us a difficult situation to sustain that cannot do the job to earn money and others do the work of their home. Mostly we have this realization in life that saving money is very important that in times of crisis you have the funds to use to buy the needs for family.

well this is the reality that people now realizes how important saving is,at least even if small amount what important is we have something to take when crisis comes.









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May 03, 2020, 02:47:33 PM
 #151

The closure of factories and stores in China, along with travel restrictions to deal with the covid-19 epidemic, have resulted in a substantial decline in fossil fuel consumption in the Asian country.

This process produced a drop of at least 25% in China's carbon dioxide (CO₂) emissions, according to calculations by Lauri Myllyvirta, of the United States-based Research Center for Energy and Clean Air (Crea).

At least the world is recovering a bit, pollution was at the highest levels in the last couple of months. Almost all capitol cities report that air wasn't so clear for years, some good from this pandemic. I know less money for people who work, but to be honest this world needed a pause in exploitation of all resources. Maybe we should find a better solutions for people who are in need, we should try to find a way to use world resources and to pay more attention on keeping nature around us clean and healthy.
Well we all witness what's happening around, and I believe that most of us agrees that we need some changes, but before we do anything we should think twice and to find the best possible solution for everyone.

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May 04, 2020, 01:08:17 AM
 #152

It is very likely that we will be soon witness another crisis after this pandemic event many people around the world are becoming jobless, in other word no financial to face the reality when this such phenomenon exit, add up the mortgage and bills to pay for, it is sure pain in the back to workaround and see what we can do for the upcoming month during this pandemic.

For me I will just thrown away any things that can be sell off, to support what do I need for, and stay on my list to dos after the event I don't have a family for the moment sure give me a time to not worry about.

How about you give me your thought on this event  I might be adapt your idea and get some of it to surest my stability when the time comes,

I do believe that are opportunities. All is not lost. If you go and check history , there have been disasters that have befallen man but yet, he has always bounced back. I suggest that you should cut your expenses and be prepared for things to come. It is an important to learn a skill for the Post CONVID

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May 04, 2020, 03:20:44 AM
 #153

we have the same conditions. the current pandemic is causing so many crises and generating so much unemployment. we know that so many bills that need to be paid because of this, now I suggest looking for income online. quite a lot of online businesses that are out there. don't let this turn off your skills to stay creative at making money.

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May 04, 2020, 02:35:49 PM
 #154

we have the same conditions. the current pandemic is causing so many crises and generating so much unemployment. we know that so many bills that need to be paid because of this, now I suggest looking for income online. quite a lot of online businesses that are out there. don't let this turn off your skills to stay creative at making money.
i agree with you, we have to evolve no matter the condition. If we want to survive, we have to push more and more our skill to make sure, all of the family have food and money to get daily needs

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May 04, 2020, 04:42:17 PM
 #155

Yep, a lot of people are going to find themselves in very difficult situations after this pandemic is over. This is why the government is planning to ease the lockdown and let people go back to their business so they can have a means of income. If they don’t do that, I can’t imagine what will happen next. And of course people are going to be warned to avoid social gatherings or any form of gathering, to avoid getting in contact with people who are infected with the virus.

There might be some jobs that wouldn’t be allowed to open yet. I hope that every thing works out for the better after all these have happened.
Even if that is going to help to soften the blow to the economy it is probably not going to be enough, there is no way that the world economy is going to be fine after an outbreak of this magnitude, and most people understand this and they will change their spending habits and they will remain that way even after the crisis is long over which means that many industries are going to suffer especially those that are not essential and ironically this is going to deepen the economy crisis in the process.

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May 04, 2020, 05:38:47 PM
 #156

Good thing you don't have a family yet, you can actually become a freelancer by putting your skills to usage like Content Writing, Social Media Management, Online Customer Support. Real life job is going to be very hard to get because of the economy. People are going to lose job and employment rate is going to drop

Right now, don't think of taking loans. Spend wisely and if you get any funds from government (relief funds) invest it wisely.
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May 04, 2020, 06:40:18 PM
 #157

we have the same conditions. the current pandemic is causing so many crises and generating so much unemployment. we know that so many bills that need to be paid because of this, now I suggest looking for income online. quite a lot of online businesses that are out there. don't let this turn off your skills to stay creative at making money.
Yeah man, I didn't think it would come this far. It's been two months since we are lock down in our city, government's relief seems to be not enough given that I have an extra family members and our stock foods are getting out for good. My company does not have any alternative policy for us, we don't have that work-from-home policy and we are just literally sitting in couch every single day but yea this is the outcome of the pandemic. I'm holding btc and other couple of alts, hoping that these coins will lift me up on quarantine days ahead. I hope it won't be extended so I can work my ass out.

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Raflesia
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May 04, 2020, 08:12:58 PM
 #158

Good thing you don't have a family yet, you can actually become a freelancer by putting your skills to usage like Content Writing, Social Media Management, Online Customer Support. Real life job is going to be very hard to get because of the economy. People are going to lose job and employment rate is going to drop

Right now, don't think of taking loans. Spend wisely and if you get any funds from government (relief funds) invest it wisely.
What about already having a family and children while their work has been terminated due to this pandemic because of the lack of income of the company so that it cannot extend work once in a difficult time where we have to live frugally with our savings. If you can, don't force a gamble in difficult times like this.

If only relying on this forum or what you mentioned earlier will not be enough to meet the family let alone waiting for help from the government I think it will not be much to expect.

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silversurfer1958
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May 04, 2020, 11:46:08 PM
 #159

I think the government will have economic solutions to support people and businesses caused by the COVID-19 pandemic. As far as I know, the US government has subsidized its people $ 2,000 per month. I believe that the government will have solutions to create new jobs for their people who are unemployed due to COVID-19.

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May 05, 2020, 03:46:42 AM
 #160

I agree with you that if the government helps the people then the epidemic will be better and many will be saved from the financial crisis. The Canadian government has extended more help than the US government in economic aid. Although the government provides relief funds to the poor, political leaders are interfering, so it would be better if there are many sites in this forum where we can solve some of our own problems by working without relying on the government. It is possible to deal with financial problems through trade or investment.

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