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Author Topic: Economy after COVID-19  (Read 8979 times)
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December 01, 2020, 10:18:21 PM
 #281

The countries are coping up with this pandemic as far as they can. The government are making these measures that would make them continue the economy while containing the virus. It is risky but they needed it for the betterment of the country, the people and the country. The cases may increase but we needed to take the risk.

We are still far from the time where cryptocurrencies would be used by the people to use another reason is that it wil not be their immediate go-to since we already have online wallets but it is centralized.

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December 01, 2020, 11:31:48 PM
 #282



Right now the pandemic is not showing any signs of a slowdown. Especially in regions such as the United States and the European Union, the number of new infections are rising. First the pandemic needs to be contained. Only after that, we can plan about any sort of economic recovery. Trends are looking bad, as the winter season is peaking in the northern hemisphere.

It will be reduced after the distribution of the vaccine, and it's going to happen on the second of the year, once the first wave of distribution of vaccine occur the percentage could drop to 50% we will build a herd immunity right away even if only 20% of the world's population is vaccinated, there is a study that vaccination could last for two years until everybody is vaccinated.

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December 01, 2020, 11:40:23 PM
 #283

Right now the pandemic is not showing any signs of a slowdown. Especially in regions such as the United States and the European Union, the number of new infections are rising. First the pandemic needs to be contained. Only after that, we can plan about any sort of economic recovery. Trends are looking bad, as the winter season is peaking in the northern hemisphere.
It will be reduced after the distribution of the vaccine, and it's going to happen on the second of the year, once the first wave of distribution of vaccine occur the percentage could drop to 50% we will build a herd immunity right away even if only 20% of the world's population is vaccinated, there is a study that vaccination could last for two years until everybody is vaccinated.
I don't think everyone wants to be vaccinated so obviously the second wave will definitely take longer, and it is more serious that 2021 is the start of vaccine distribution and starting this injection which will maintain our immunity so the process may run 20% accordingly the percentage where the world's population needs advice on how to deal with vaccines with confidence.
And the most important thing for me is that our immune system can and does not need to be vaccinated.

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December 01, 2020, 11:51:55 PM
 #284

Personally I believe that we will see global GDP decrease by minimum 1-3%. Casino's will be the largest loss leaders, followed by tourism and transportation until stabilizing +2 years out.

I am curious how national governments are going to deal over levered bankrupt corporations. Either governments are going to bail them out or let them default.

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December 02, 2020, 03:01:39 AM
 #285

Still bad with economic after covid 19 and my country right now have reach one billion positive covid 19, we don't know what happen next when vaccine launch to public, how effective to stop covid 19 and how many people will recovery from covid 19. Maybe economic keep need one or two years to recovery after pandemic covid 19 because many company have loss their assets during this pandemic, they can recovery faster how to get back salary and going on for their project.

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December 02, 2020, 03:51:46 AM
 #286

After covid world economic take time for recovery and many people looking for new job, but how government is ready to make their people enough to get job for them, I think will take one year later for recovery world economic become better again and keep working good for long time, any prediction with this pandemic how long again will be gone in the world because I have enough by seeing many people loss their job right now.

Right now the pandemic is not showing any signs of a slowdown. Especially in regions such as the United States and the European Union, the number of new infections are rising. First the pandemic needs to be contained. Only after that, we can plan about any sort of economic recovery. Trends are looking bad, as the winter season is peaking in the northern hemisphere.

Only after that, government should plan much concrete solutions, though they can give temporary
alternatives in order to continue surviving but permanent solution is not yet possible.

This pandemic still showing strength, even there's a possible vaccine assurance still not possible, it will take more time and government needs to keep trying to help the people to survive.


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December 02, 2020, 01:23:35 PM
 #287

Right now the pandemic is not showing any signs of a slowdown. Especially in regions such as the United States and the European Union, the number of new infections are rising. First the pandemic needs to be contained. Only after that, we can plan about any sort of economic recovery. Trends are looking bad, as the winter season is peaking in the northern hemisphere.

It will be reduced after the distribution of the vaccine, and it's going to happen on the second of the year, once the first wave of distribution of vaccine occur the percentage could drop to 50% we will build a herd immunity right away even if only 20% of the world's population is vaccinated, there is a study that vaccination could last for two years until everybody is vaccinated.

UK will be starting their mass vaccination program for priority population from next week onwards. I guess other developed nations such as the United States may also follow suit. The first batches of the vaccines are already booked by the developed nations and hopefully they will be able to vaccinate most of the priority population (medical professionals, elderly.etc) within the next 2-3 months.

By mid-2021, we can expect COVID 19 to get contained in most of the developed nations.
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December 07, 2020, 09:57:11 PM
 #288

economy after COVID 19, we hope to recover quickly. because seeing the current economies around the world collapsing and experiencing a decline. this resulted in people experiencing distress. so I thought that maybe a way should be taken to continue accelerating the economic recovery
We are all affected because of the virus. The economy of each country is now falling down because big companies are being closed to make sure the virus will not spread and it will contain well until the vaccine being produced. We are all hoping that the vaccine will be produced this year so that everything will go back to normal and also hoping that we can recover quickly, economically. The government should recover quickly after this pandemic so that the people will survive.
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December 08, 2020, 08:04:15 AM
 #289

With the ever-increasing need for social distancing, people are recurring to online payments and e-commerce sites. The longer it takes to find a cure for the disease, the faster our world will change economically. During the pandemic, people will be using credit/debit cards more than physical cash itself. It's no wonder since physical cash is known to carry germs and bacteria with them.
It did take quite a while for the doctors to come up with a vaccine that actually works, took over 8 to 9months I guess, during those lock down period people stopped using fiat since it was easy to get infected through the paper money as germs can actually live on them, so e-commerce became the best choice of transaction for alot of people.
How do you think the economy will be after COVID-19's demise? Will it gradually recover?
After covid-19 varnishes from the face of the earth, there's only one thing thats certainly, which is the economy of countries recovering from the loss during the pandemic,since life will be going back to normal everywhere around the world,everyone can now about with their daily business without any restrictions.
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December 08, 2020, 10:17:46 AM
 #290

economy after COVID 19, we hope to recover quickly. because seeing the current economies around the world collapsing and experiencing a decline. this resulted in people experiencing distress. so I thought that maybe a way should be taken to continue accelerating the economic recovery
We are all affected because of the virus. The economy of each country is now falling down because big companies are being closed to make sure the virus will not spread and it will contain well until the vaccine being produced. We are all hoping that the vaccine will be produced this year so that everything will go back to normal and also hoping that we can recover quickly, economically. The government should recover quickly after this pandemic so that the people will survive.
To recover quickly is highly unlikely, the virus has been already for almost a year now, and that span of time, it created big damage to our economy, and because of that countries that does not have a lot of reserve have to borrow money and they will be paying that long over a period of time, hence they need to improve their economy but it will not happen quickly.

Until now the vaccine is not release yet, so it's hard to speculate.

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pilosopotasyo
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December 08, 2020, 04:45:07 PM
 #291



Right now the pandemic is not showing any signs of a slowdown. Especially in regions such as the United States and the European Union, the number of new infections are rising. First the pandemic needs to be contained. Only after that, we can plan about any sort of economic recovery. Trends are looking bad, as the winter season is peaking in the northern hemisphere.

People in those regions are becoming very careless because they know that there's already a vaccine and it's a matter of time before the distribution, US and the European Union will have no problem getting the vaccine, they will be the priority because the vaccines come from their country and of course they will prioritize their people, it's the poor country that will have to wait.

BACK FROM A LONG VACATION
Paycoinzzz
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December 08, 2020, 07:32:10 PM
 #292

The countries are coping up with this pandemic as far as they can. The government are making these measures that would make them continue the economy while containing the virus. It is risky but they needed it for the betterment of the country, the people and the country. The cases may increase but we needed to take the risk.

We are still far from the time where cryptocurrencies would be used by the people to use another reason is that it wil not be their immediate go-to since we already have online wallets but it is centralized.
Yes, we will certainly be far away or even never see people using Crypto in payment methods. But it is worth mentioning here that the habit of using currency, Defi trend and Bitcoin is attracting a lot of investors and users to the Crypto market and this will help the Crypto market in the future.
Once people are introduced to the crypto market, they will think of ways to make money and plunge deeper into the market. I'm sure that will have a crowd effect soon and Crypto market will soon have a larger community after Covid - 19.
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December 08, 2020, 08:24:03 PM
 #293

economy after COVID 19, we hope to recover quickly. because seeing the current economies around the world collapsing and experiencing a decline. this resulted in people experiencing distress. so I thought that maybe a way should be taken to continue accelerating the economic recovery
Through how? printing more money? the lockdowns are the reason why people's lives are in distress. Especially the ones that are from under the poverty line to the under average living people.
Their jobs and businesses were mostly postponed due to it. Why the big corporations are able to continue but with a certain limit but at least, they've got something to earn from even with these tight policies during the covid19 crisis.

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AjithBtc
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December 08, 2020, 10:59:36 PM
 #294

economy after COVID 19, we hope to recover quickly. because seeing the current economies around the world collapsing and experiencing a decline. this resulted in people experiencing distress. so I thought that maybe a way should be taken to continue accelerating the economic recovery
Through how? printing more money? the lockdowns are the reason why people's lives are in distress. Especially the ones that are from under the poverty line to the under average living people.
Their jobs and businesses were mostly postponed due to it. Why the big corporations are able to continue but with a certain limit but at least, they've got something to earn from even with these tight policies during the covid19 crisis.
The economic situation around the globe got affected drastically, but people and the governments had learnt big from the covid-19. In terms of change, the environment smells good. Right now things have been slowly getting to the normal working situation. Today the first vaccination developed by Pfizer for covid-19 is being given to an old couple above 85 years of age. This seems to bring positive news on the cure of covid-19.

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December 08, 2020, 11:32:38 PM
 #295

economy after COVID 19, we hope to recover quickly. because seeing the current economies around the world collapsing and experiencing a decline. this resulted in people experiencing distress. so I thought that maybe a way should be taken to continue accelerating the economic recovery
Through how? printing more money? the lockdowns are the reason why people's lives are in distress. Especially the ones that are from under the poverty line to the under average living people.
Their jobs and businesses were mostly postponed due to it. Why the big corporations are able to continue but with a certain limit but at least, they've got something to earn from even with these tight policies during the covid19 crisis.
Printing more money is not the worst way to solve problems in the current difficult economic situation and is a long-standing and proven economic tool in the hands of the state. Another question is how to sterilize the excess money supply after COVID 19, because it is not a big secret that money printing was actively used by governments to stimulate the economy before the epidemic.
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December 08, 2020, 11:57:13 PM
 #296

economy after COVID 19, we hope to recover quickly. because seeing the current economies around the world collapsing and experiencing a decline. this resulted in people experiencing distress. so I thought that maybe a way should be taken to continue accelerating the economic recovery
Through how? printing more money? the lockdowns are the reason why people's lives are in distress. Especially the ones that are from under the poverty line to the under average living people.
Their jobs and businesses were mostly postponed due to it. Why the big corporations are able to continue but with a certain limit but at least, they've got something to earn from even with these tight policies during the covid19 crisis.

Big businesses that have enough funds are capable to adjust, they have money to work for them not even covid stop them being compensated.

While those in the poverty side only government and those who are generous who can support their needs, economy is down and it will more time

before it really recovered and be back from the last time status.
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December 09, 2020, 04:42:05 AM
 #297

Printing more money is not the worst way to solve problems in the current difficult economic situation and is a long-standing and proven economic tool in the hands of the state. Another question is how to sterilize the excess money supply after COVID 19, because it is not a big secret that money printing was actively used by governments to stimulate the economy before the epidemic.

Once the excess supply is created, there is no way to take it back. In the long-term, it will result in a massive hyperinflation. The governments have used the COVID 19 pandemic excuse to print banknotes like crazy. Even in the United States, trillions of USD worth of banknotes were printed during the pandemic period. The real impact from these measures will be visible in the next few years.
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December 09, 2020, 02:22:52 PM
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 #298

economy after COVID 19, we hope to recover quickly. because seeing the current economies around the world collapsing and experiencing a decline. this resulted in people experiencing distress. so I thought that maybe a way should be taken to continue accelerating the economic recovery
Through how? printing more money? the lockdowns are the reason why people's lives are in distress. Especially the ones that are from under the poverty line to the under average living people.
Their jobs and businesses were mostly postponed due to it. Why the big corporations are able to continue but with a certain limit but at least, they've got something to earn from even with these tight policies during the covid19 crisis.

Printing more money will never solve the problem of the economy crisis we have right now because of the pandemic, it might just cause a sudden inflation, maybe. What we need now is the vaccine to solve the fear we all have, with the vaccine being successsful to beat COVID-19, we will experience a fast phase economy growth because there will be no more limit in what we are doing in public and we could return to our normal lives.
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December 09, 2020, 02:29:04 PM
 #299

I think the economy movement after covid-19 would depend on how government would react and take action to improve their country.
So for me it would depend on them if they would start to help others or just sit tight and live on their own.

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December 09, 2020, 04:02:06 PM
 #300

economy after COVID 19, we hope to recover quickly. because seeing the current economies around the world collapsing and experiencing a decline. this resulted in people experiencing distress. so I thought that maybe a way should be taken to continue accelerating the economic recovery
Through how? printing more money? the lockdowns are the reason why people's lives are in distress. Especially the ones that are from under the poverty line to the under average living people.
Their jobs and businesses were mostly postponed due to it. Why the big corporations are able to continue but with a certain limit but at least, they've got something to earn from even with these tight policies during the covid19 crisis.

Big businesses that have enough funds are capable to adjust, they have money to work for them not even covid stop them being compensated.

While those in the poverty side only government and those who are generous who can support their needs, economy is down and it will more time

before it really recovered and be back from the last time status.
To be able to restore a business to 100% return I think only big businesses that are strong capital will recover quickly. small and medium businesses can only rely on assistance from banks or the government. but hopefully all of these things will be resolved
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