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Author Topic: Economy after COVID-19  (Read 8979 times)
Nhor1011
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July 01, 2020, 03:37:05 AM
 #141

The Covid19 pandemic is a big challenge for everyone and to our economy. After this pandemic there will be changes in our way of living and on how the economy recover. Even in a new normal there are some changes that government implement like cashless payment for transportation and other establishment. The Social distancing is strictly implemented,so the online world will become a big part of this new normal. Although i believed banks will not collapse instead it will implement also a new rules for their client. We all know that government always have an alternative solution for everything but i also believed that later on they will recognize the cryptocurrency.

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July 01, 2020, 12:12:23 PM
 #142

<...>
the covid-19 pandemic will not end if there are no medicines and vaccines that will cure, because what is done now is to avoid the healthy not being infected with the sick, not to cure.
many countries have reduced covid-19 pandemics and provided the opportunity to be able to run the economy normally, open flight routes between countries, experience a new dilemma, the second phase of the covid-19 pandemic.
what is now feared from the covid-19 pandemic is that people are sick without any symptoms, this is what makes transmission even more devastating.
Scientists also have yet to find a cure or vaccine to deal with Covid-19 and it is just a rumor that scientists have found a vaccine and most importantly we must maintain a healthy pattern in each of us going because that is what we will do better than the spread corona virus.
All activities have returned to normal but still the government is still watching it so that there is no excessive publicity that will be dangerous for the spread of the corona virus.

Btw, what about your response about the new swine flu, is this news still unconfirmed?

R


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July 04, 2020, 12:52:22 AM
 #143

After Covid-19 continued to hit the world a few months ago, of course this will greatly affect the economy, but now it has begun to improve with all the efforts of the government that has been done so it can breathe fresh air after everything is back to normal.

But in the past few hours I found an article that research in China found a new swine flu with potential to become a pandemic again?

Again, this is from China, what might be the source of everything in the event of a pandemic again, then this would be worse in my view.

https://edition.cnn.com/2020/06/30/asia/china-swine-flu-pandemic-intl-hnk-scli-scn/index.html

If another pandemic surges during or after COVID-19, the world's economy will take even longer to recover. We'll be living in a crisis never before seen in the history of mankind. "Thanks" to the emergence of COVID-19, the economy will shift in a whole new direction. With social distancing measures and other safety guidelines in place by the government, there has been a resurgence in remote jobs. I think the future of the economy lies in the digital realm where people work and get paid via their own cryptocurrency of choice (either centralized or decentralized). Even after all of this ends, the impact of COVID-19 to our economy will be such, that we'll never see the "old normal" again.

As of now, the US is still the world's strongest economy. But it may not last for long if COVID-19 continues to "leave a mark" in our world. If China becomes the epicenter of a new pandemic while COVID-19 is at large, the effects would be disastrous. We may reach a point where the economy will be "unrecoverable" leading towards the collapse of central banks and governments alike. In this uncertain world filled with fear and desperation, anything could happen in the future. Just my opinion Smiley

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July 04, 2020, 07:54:10 PM
 #144

COVID-19 it is very difficult to say what the economic of our country will be after that. It is very difficult to say what will happen to the economy of my country, not only Bangladesh but also in all the countries of the world which have been affected by this COVID-19.


All i can say is that after the death of COVID-19, it will take a long time for the economic situation of the country to become active.

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July 04, 2020, 10:58:51 PM
 #145

COVID-19 it is very difficult to say what the economic of our country will be after that. It is very difficult to say what will happen to the economy of my country, not only Bangladesh but also in all the countries of the world which have been affected by this COVID-19.
All i can say is that after the death of COVID-19, it will take a long time for the economic situation of the country to become active.
We all know that this is a very difficult situation. Habits of life change and we cannot be free to interact like we used to. Likewise with economic activity. If we only see the negative side, we will be more difficult. So we better see the positive side, at least we will care more about cleanliness and a healthy lifestyle. On the other hand, in economic terms, we will become more creative in facing difficult situations, the digital realm is becoming increasingly popular and the best alternative. Slowly, this is part of a long process of revolution. We have to adapt in order to survive.

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July 05, 2020, 09:15:27 AM
 #146


How do you think the economy will be after COVID-19's demise? Will it gradually recover? Or will it stay the same? Will central banks collapse to a point where only people transact with decentralized cryptocurrencies in the free world? Your input will be greatly appreciated. Smiley

It is quite obvious the world is digitally switching, many have adopted the digital nature already and many are still in the process, after Covid-19 demise, the world will fully engage and adopt digital currencies as its benefits is seen now.

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July 05, 2020, 09:42:13 AM
 #147


How do you think the economy will be after COVID-19's demise? Will it gradually recover? Or will it stay the same? Will central banks collapse to a point where only people transact with decentralized cryptocurrencies in the free world? Your input will be greatly appreciated. Smiley

It is quite obvious the world is digitally switching, many have adopted the digital nature already and many are still in the process, after Covid-19 demise, the world will fully engage and adopt digital currencies as its benefits is seen now.
So what should be that adopting now?and what is showing these days?
you have posted as if there are really positive about your message?

we are staying the same life what early years is so meaning nothing change
 until now so what must be the favorable in this part?



All i can say is that after the death of COVID-19, it will take a long time for the economic situation of the country to become active.
The situation of the world economy will remain active even the pandemic stays,the problem is there will be slow outcome and struggling will continue as well.









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July 05, 2020, 01:35:40 PM
 #148

Corona has become an explanation for terror within the world The countries are using lockdown as a tool to prevent it. As a result, economic activities are coming to a halt. As a result, the planet Economy Organization is seeing thunderstorms within the financial skies of the planet. The economic downturn is predicted to be long-term. it's been commented that the economy will take a worse shape after COVID-19. this is often because we don't skills difficult it'll be to affect the unemployment which will result from this outbreak. In fact, it's not yet clear what percentage of people are going to be unemployed. we do not even skill many many small and medium-sized businesses are already at a loss.

but of course in some sectors at this time there is an increase such as medical and hospital, pharmacy, or whatever is related to health, starting from this industry and spreading to others the economy will be re-formed.
do not need special expertise, in circumstances like this, you just sell masks, surely many people will buy it.

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July 05, 2020, 05:07:02 PM
 #149

COVID-19 it is very difficult to say what the economic of our country will be after that. It is very difficult to say what will happen to the economy of my country, not only Bangladesh but also in all the countries of the world which have been affected by this COVID-19.


All i can say is that after the death of COVID-19, it will take a long time for the economic situation of the country to become active.
there is no way the economy will continue like this. I am sure that after this co-19 disappears it will certainly gradually recover to normal with a new era of globalization and will be normal in external or internal activities, the government is trying not to create an added burden. You do not need to be afraid because this disaster all countries almost hit co-19

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July 05, 2020, 08:14:32 PM
 #150

Economy after covid will maybe fall, and maybe there will be a great posibility that the financial crisis may occur or takes its place, because people cannot go to thier work unemployment are really rising and we cannot really move in a normal way everything is limited. But we need to be patience and help the world fight crisis buy staying t home so that the pandemic will end and i believe that we will stand after this trials.

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July 06, 2020, 04:50:42 AM
 #151

many countries get negative growth in their economy , and even IMF or world bank predicted world economy will delay alot and need long time recovered. if they still have no policy to drive economy activity , many people will get negative impact. most of them will be jobless and could not fullfilled daily need. covid will make our economy growth slowly.

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July 06, 2020, 07:39:00 AM
 #152

many countries get negative growth in their economy , and even IMF or world bank predicted world economy will delay alot and need long time recovered. if they still have no policy to drive economy activity , many people will get negative impact. most of them will be jobless and could not fullfilled daily need. covid will make our economy growth slowly.
There's always an initiative but we will never get the same progress in the past or before the pandemic.

Now, there's already a limitation and because of that, some industries will suffer and whether we like it or not, it will result to an increase of unemployment in the world, though let's say some countries have re-open their economy but people now are very careful especially those who are weak and are afraid to get infected. I can see that this struggle will last longer, so let's not rely on what we have now but make sure to save and look for other earning opportunity as our alternative source of income.

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July 06, 2020, 07:54:42 AM
 #153

Economy after covid will maybe fall, and maybe there will be a great posibility that the financial crisis may occur or takes its place, because people cannot go to thier work unemployment are really rising and we cannot really move in a normal way everything is limited. But we need to be patience and help the world fight crisis buy staying t home so that the pandemic will end and i believe that we will stand after this trials.
Economy might fall if this virus didnt vanish for longer time and not only that people will suffer too if they dont have money to spend for necessities while in lockdown. Now cashless/digital transactions are indemand to avoid going outside, it has effect to crypto as well due to users who newly discovered it. But this shall pass everything will be turn back to new normal once the vaccine is made. The economy can recover but it will take time.

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peter0425
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July 06, 2020, 12:06:58 PM
 #154

Economy after covid will maybe fall, and maybe there will be a great posibility that the financial crisis may occur or takes its place, because people cannot go to thier work unemployment are really rising and we cannot really move in a normal way everything is limited. But we need to be patience and help the world fight crisis buy staying t home so that the pandemic will end and i believe that we will stand after this trials.
Economy might fall if this virus didnt vanish for longer time and not only that people will suffer too if they dont have money to spend for necessities while in lockdown. Now cashless/digital transactions are indemand to avoid going outside, it has effect to crypto as well due to users who newly discovered it. But this shall pass everything will be turn back to new normal once the vaccine is made. The economy can recover but it will take time.
mate economy of the world already fell months ago,maybe what you are saying is Market will Collapse?

this Virus will remain for long time from now,experts says even this whole 2020 there is no sign that the cure will be find.

The very best thing that we must do is help the government and help the community even in
 our small ways without expecting in return.









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July 06, 2020, 05:43:06 PM
 #155

Market collapse happened already, there is no more "maybe it will fall so much that we will get to make a lot or profit later on thanks to it" situation left. I mean sure economy go higher eventually so there is no reason not to buy things, but you should have done it months ago when the price went down. Everything went down, and now everything is back over higher levels again.

So, I would say it is not really that weird for the price to be stagnant right now. Why? Because the fall and recovery already happened, what else could happen? You think another fall? Or another increase? I mean sure they could happen but there is no reason to be like that right now so the price is stagnant. We just have to wait and see what the next move will be like.
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July 08, 2020, 01:15:41 PM
 #156

I believe our economy is going to be absolutely fine in 6-12 months if we won't see another quarantine in nearest future.
On the other hand if current situation will only get worse and we'll have to make another lockdown - we are going to face huge troubles

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July 08, 2020, 03:18:09 PM
 #157

How do you think the economy will be after COVID-19's demise? Will it gradually recover? Or will it stay the same? Will central banks collapse to a point where only people transact with decentralized cryptocurrencies in the free world? Your input will be greatly appreciated. Smiley
The economy will recover gradually and the economic condition will be different in the future. When the covid-19 has changed every human's behavior from conventional than change become online based. We will be usual with cashless but i think the central banks will not collapse just because of the change. The central banks will be easier to release the cashless regulation for us in the future. As long as i know, in my country the central bank has planned the cashless regulation since several years ago but it has released yet. Nowdays, the covid-19 condition has educated society that the cashless regulation has many advantages and change their mindset automatically. So its so impossible if the central bank will collapse.
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July 08, 2020, 04:27:17 PM
 #158

Market collapse happened already, there is no more "maybe it will fall so much that we will get to make a lot or profit later on thanks to it" situation left. I mean sure economy go higher eventually so there is no reason not to buy things, but you should have done it months ago when the price went down. Everything went down, and now everything is back over higher levels again.

So, I would say it is not really that weird for the price to be stagnant right now. Why? Because the fall and recovery already happened, what else could happen? You think another fall? Or another increase? I mean sure they could happen but there is no reason to be like that right now so the price is stagnant. We just have to wait and see what the next move will be like.
Global economic conditions after covid-19 are still a big question mark of many parties. fears of a slow economic recovery after being hit by a pandemic still overshadow businesses and governments in various countries. In my opinion it is not easy to predict how the economy will look after the co-19 pandemic. and the business sector is also predicted to decline due to disruption of the global supply chain ....
besides that the gap between the capital market and the real economic sector will occur. this is caused by quantitative easing policies or quantitative easing conducted by several developed countries

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July 11, 2020, 01:23:01 AM
 #159

The economy will recover gradually and the economic condition will be different in the future. When the covid-19 has changed every human's behavior from conventional than change become online based. We will be usual with cashless but i think the central banks will not collapse just because of the change. The central banks will be easier to release the cashless regulation for us in the future. As long as i know, in my country the central bank has planned the cashless regulation since several years ago but it has released yet. Nowdays, the covid-19 condition has educated society that the cashless regulation has many advantages and change their mindset automatically. So its so impossible if the central bank will collapse.

Good point. It looks very unlikely that central banks will collapse due to the negative effects of COVID-19 on the mainstream economy. In order to stay in power, central banks will adopt their own digital currencies where they could manipulate them at will. After all, it's much easier to manipulate the economy this way that it is right now with physical cash. After the demise of COVID-19, the economy will improve albeit at a slow and steady pace. Central banks and governments will ultimately win patronizing the use of CBDCs subject to manipulation and extreme surveillance.

While decentralized cryptocurrencies will still be relevant in a post-COVID economy, the prominence of CBDCs will be such where most people will be using it for daily transactions on top of everything else. It was evident that governments were going to transition from the physical to the digital realm in order to "upgrade" their economies. The introduction of COVID-19 to the world, has only accelerated things in terms of development and adoption of CBDCs. In case central banks fail, decentralized cryptocurrencies will ultimately take over the world effectively separating "state" from "money". Just my opinion Smiley

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July 13, 2020, 11:47:18 AM
 #160


How do you think the economy will be after COVID-19's demise? Will it gradually recover? Or will it stay the same? Will central banks collapse to a point where only people transact with decentralized cryptocurrencies in the free world? Your input will be greatly appreciated. Smiley

The economy will recover with a different approach and it is with the help of modern technology I guess because with this pandemic, we have been relying more into using online banking, online selling (shopping) on which it have already become part of our daily lives with months of quarantine we have due to this pandemic. The economy will gradually recover and that is for sure but it will just have to take a slow recovery for there are lots of things that are needed to be fixed to fully get back into the normal situation.

Good thing that based on the recent news I have read while scrolling my social media, Russia have already done the final trial for the first ever Covid-19 vaccine that I hope be the cure for this infectious disease and will let this pandemic come to its end. Maybe once this vaccine have been proven to be effective, we can say that the economy will be ready to be worked out to a recovery stage that I hope to happen very soon.

Even if there is still pandemic, we can still work on to the recovery following the "new normal" set up with the help of the modern technology so we can still continue the work on helping our economy recover even on a slow phase for now.
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