Economy after COVID-19

[Rokon5]

As the pandemic virus is still there in our world, our economy gets suffered because of being lock down and all of the business has temporarily closed still we are fighting about economy  but I think economy is growing gradually.

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[Vishnu.Reang]

I am already one hundred percent sure that our life will never be the same again. Much has changed, including the mentality of people. Half a year ago, no one could be forced to wear medical masks, but today they are already becoming fashionable.
Undoubtedly, if a truly workable vaccine is presented, then each government will try to acquire the right amount of injections to provide for all its citizens. But according to experts, almost the entire pharmaceutical industry will need to work very hard and will be able to provide every person with a vaccine in only 5 years. At least those vaccine samples that are available today have a very low level of trust in the society.

It is possible to step up vaccine production, if it is prioritized by the government. And you should take in to account the fact that some 181 million doses of the vaccine have been already administered till now, ever since the vaccination started around two months back. In US itself, more than 56 million doses have been administered. 23.3% of the population in the United Kingdom have received at least one shot, and the same is 45% for Israel, 11.4% for Chile, 43.5% for Seychelles and 48% for the UAE. So don't think that the vaccination is progressing at an extremely low pace.

[Spaffin]

I am already one hundred percent sure that our life will never be the same again. Much has changed, including the mentality of people. Half a year ago, no one could be forced to wear medical masks, but today they are already becoming fashionable.
Undoubtedly, if a truly workable vaccine is presented, then each government will try to acquire the right amount of injections to provide for all its citizens. But according to experts, almost the entire pharmaceutical industry will need to work very hard and will be able to provide every person with a vaccine in only 5 years. At least those vaccine samples that are available today have a very low level of trust in the society.

It is possible to step up vaccine production, if it is prioritized by the government. And you should take in to account the fact that some 181 million doses of the vaccine have been already administered till now, ever since the vaccination started around two months back. In US itself, more than 56 million doses have been administered. 23.3% of the population in the United Kingdom have received at least one shot, and the same is 45% for Israel, 11.4% for Chile, 43.5% for Seychelles and 48% for the UAE. So don't think that the vaccination is progressing at an extremely low pace.

I wonder how they will vaccinate people who are being asked for money. in fact, I think that vaccination of citizens should be carried out at public expense, but in the countries of Central and Eastern Europe, people demand money for doses. I believe that due to the low poverty line in many countries, the virus will be very difficult to fight.

[bvoriue]

Technology is believed to be the spirit of digitization. Furthermore, digitization in various sectors could trigger economic recovery after the Covid-19 pandemic.

[Sebas.tian]

Economy after covid-19 will not look good, because it will take the government some years to recover the things covid-19 has damage in the country economy. No matter amount of money the government will budget to rival the economy back to as usual, it will not be easy taxes for  the country to meet up with.
 
Some firm are not yet resume production and some schools in the country which are also sources of financial to the government never resume too. Base on what the citizens are going through in the country because of the lockdown that took over one year,show that it will take the country to see anything positive after covid-19.

[tabas]

As the pandemic virus is still there in our world, our economy gets suffered because of being lock down and all of the business has temporarily closed still we are fighting about economy  but I think economy is growing gradually.

I've heard on the news that many countries are about to open their borders again or did they've done that already. With the most recent update, the addition of daily active cases is becoming lesser and I think we're into the flattening curve and hopefully that this will keep going.
Until we finally see the eradication of covid-19.

[DrBeer]

I am already one hundred percent sure that our life will never be the same again. Much has changed, including the mentality of people. Half a year ago, no one could be forced to wear medical masks, but today they are already becoming fashionable.
Undoubtedly, if a truly workable vaccine is presented, then each government will try to acquire the right amount of injections to provide for all its citizens. But according to experts, almost the entire pharmaceutical industry will need to work very hard and will be able to provide every person with a vaccine in only 5 years. At least those vaccine samples that are available today have a very low level of trust in the society.

It is possible to step up vaccine production, if it is prioritized by the government. And you should take in to account the fact that some 181 million doses of the vaccine have been already administered till now, ever since the vaccination started around two months back. In US itself, more than 56 million doses have been administered. 23.3% of the population in the United Kingdom have received at least one shot, and the same is 45% for Israel, 11.4% for Chile, 43.5% for Seychelles and 48% for the UAE. So don't think that the vaccination is progressing at an extremely low pace.

You must understand that vaccination will be effective if:
- at least 50% of the population of the largest and / or most densely populated countries will be vaccinated.
- if the vaccine will give at least 75 stable immunity to the virus
- Immunity will be long-term
- There will be no new strains of the virus that are not affected by existing vaccines

It is necessary to prepare for the fact that for another 2-3 years there will be severe restrictive measures associated with mutations of the virus, insufficient vaccination of the population, a lag in the development of vaccines against new strains of the virus

[Mahanton]

As the pandemic virus is still there in our world, our economy gets suffered because of being lock down and all of the business has temporarily closed still we are fighting about economy  but I think economy is growing gradually.

I've heard on the news that many countries are about to open their borders again or did they've done that already. With the most recent update, the addition of daily active cases is becoming lesser and I think we're into the flattening curve and hopefully that this will keep going.
Until we finally see the eradication of covid-19.

Here on my country where boarders is already opened and quarantine thing is becoming part of the new normal and it seems this covid is becoming that typical
sickness that we had like those influenza or any other contagious diseases that we had and people becoming less worried and you are right that infected person
on daily basis becomes lesser and lesser as day goes by and people and businesses are starting to re-open and going back to normal but of course
it do really follow up those health protocols which is understandable because we cant afford to have another lockdown due to this reason.

[AndySt]

As the pandemic virus is still there in our world, our economy gets suffered because of being lock down and all of the business has temporarily closed still we are fighting about economy  but I think economy is growing gradually.

I've heard on the news that many countries are about to open their borders again or did they've done that already. With the most recent update, the addition of daily active cases is becoming lesser and I think we're into the flattening curve and hopefully that this will keep going.
Until we finally see the eradication of covid-19.

The trend towards opening borders will obviously increase, because judging by the experience of the previous year, the pandemic should begin to decline to more reasonable limits by the summer. Also, let's not forget that a new factor in the form of vaccination has begun to take effect, and we hope that at least subsequent vaccination of the population will allow us to avoid quarantine measures by the end of this year.

[Sithara007]

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It is necessary to prepare for the fact that for another 2-3 years there will be severe restrictive measures associated with mutations of the virus, insufficient vaccination of the population, a lag in the development of vaccines against new strains of the virus

I would agree with this. The most populated countries such as India, China and Indonesia are lagging behind in vaccination. Unless the majority of the population in these countries are vaccinated, there will be no decrease in the number of new cases. Another question is for how long the immunity is going to last after the vaccine is administered. I have seen claims of 1 year to 6 year. It is important to know whether the actual effectiveness is at the upper end, or lower end of this figure. If it lasts for just 1 year, then I don't think that it is viable to inoculate the population with the same vaccine every 12 months. And the last factor is the emergence of new strains. I have already seen reports which claim that the new South African variant is resistant to most of the vaccines.

[Desscount]

As the pandemic virus is still there in our world, our economy gets suffered because of being lock down and all of the business has temporarily closed still we are fighting about economy  but I think economy is growing gradually.

I've heard on the news that many countries are about to open their borders again or did they've done that already. With the most recent update, the addition of daily active cases is becoming lesser and I think we're into the flattening curve and hopefully that this will keep going.
Until we finally see the eradication of covid-19.

The trend towards opening borders will obviously increase, because judging by the experience of the previous year, the pandemic should begin to decline to more reasonable limits by the summer. Also, let's not forget that a new factor in the form of vaccination has begun to take effect, and we hope that at least subsequent vaccination of the population will allow us to avoid quarantine measures by the end of this year.

It looks like the government is trying to implement a population vaccination program,
and maybe in the near future it will be done soon,
but my question is whether everyone will get the vaccine or only a part of the population,
however this must be clear so that there is no confusion among the people

[Abiky]

I am already one hundred percent sure that our life will never be the same again. Much has changed, including the mentality of people. Half a year ago, no one could be forced to wear medical masks, but today they are already becoming fashionable.
Undoubtedly, if a truly workable vaccine is presented, then each government will try to acquire the right amount of injections to provide for all its citizens. But according to experts, almost the entire pharmaceutical industry will need to work very hard and will be able to provide every person with a vaccine in only 5 years. At least those vaccine samples that are available today have a very low level of trust in the society.

Couldn't agree more with you, mate. Our lives will never be the same after the pandemic. It has marked our lives forever. The economy will work in a different way before COVID-19 took the world by storm. My guess is that everything will go digital as people practice social distancing. Digital payments will prevail in the new economy as it's a much cleaner solution than paper money. The sudden rise of crypto since the pandemic started, tells us that the economy is heading into a new future. Even some central banks have announced the launch of CBDCs (Central Bank Digital Currencies) with the hopes of phasing out paper money from existence. It's a whole new world out there where people work from their homes, get paid digitally, and interact with each other in a virtual manner.

Nonetheless, there's no denying that the economy will recover after COVID-19. How fast or how slow this will happen, will greatly depend on the pandemic's lifespan in the mainstream world. The longer it takes to for governments around the world to tackle the pandemic, the slower it'll be for the economy to recover back to the way it was originally. At least, we have some vaccines available which tells us that COVID-19 won't last forever. There's light at the end of the tunnel in these drastic times. With patience, we'll be able to live a normal life as COVID-19 becomes history. Just my thoughts

[tabas]

As the pandemic virus is still there in our world, our economy gets suffered because of being lock down and all of the business has temporarily closed still we are fighting about economy  but I think economy is growing gradually.

I've heard on the news that many countries are about to open their borders again or did they've done that already. With the most recent update, the addition of daily active cases is becoming lesser and I think we're into the flattening curve and hopefully that this will keep going.
Until we finally see the eradication of covid-19.

The trend towards opening borders will obviously increase, because judging by the experience of the previous year, the pandemic should begin to decline to more reasonable limits by the summer. Also, let's not forget that a new factor in the form of vaccination has begun to take effect, and we hope that at least subsequent vaccination of the population will allow us to avoid quarantine measures by the end of this year.

Yes, cases are declining but it's said that we shouldn't be confident doing that. But with a continuous following of the health protocols, governments have no choice but to open borders yet still can consider which countries they'll be opening a business with. Vaccines are there but some reports said that it's showing some side effects and on both sides, we can't really be confident with all of those if it's still there or until the cases have been finally and officially dropped to the lowest.

[Nikola95]

There will be some changes. When everything comes back to "normal" we will be left with habits from this period. I am guessing that many counries are going to keep some kind of online education. It can't replace traditional schools but it is always better if you can see lecture multiple times. Population will benefit from that.

[DrBeer]

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It is necessary to prepare for the fact that for another 2-3 years there will be severe restrictive measures associated with mutations of the virus, insufficient vaccination of the population, a lag in the development of vaccines against new strains of the virus

I would agree with this. The most populated countries such as India, China and Indonesia are lagging behind in vaccination. Unless the majority of the population in these countries are vaccinated, there will be no decrease in the number of new cases. Another question is for how long the immunity is going to last after the vaccine is administered. I have seen claims of 1 year to 6 year. It is important to know whether the actual effectiveness is at the upper end, or lower end of this figure. If it lasts for just 1 year, then I don't think that it is viable to inoculate the population with the same vaccine every 12 months. And the last factor is the emergence of new strains. I have already seen reports which claim that the new South African variant is resistant to most of the vaccines.

Unfortunately, it turns out that I am right in my assumptions ...
I will also assume that vaccination will only help but not the basis of the fight against Covid19, most likely, after multiple recurrent diseases, people should develop their own immunity, which will be the solution to the problem.
By the way, I have an idea: if today's immunity in people who have been ill, or vaccinated, is not very long (they write that from 3 to 12 months), then maybe those who have been ill and vaccinated should abandon basic remedies (antiseptics, masks) in order to get new ones portions of the virus and support the body's immune response, this, in theory, should prolong the duration of immunity, the body will "train", and the immune response will fight the virus. What do you think ?

[Abiky]

There will be some changes. When everything comes back to "normal" we will be left with habits from this period. I am guessing that many counries are going to keep some kind of online education. It can't replace traditional schools but it is always better if you can see lecture multiple times. Population will benefit from that.

That's certainly true, mate. Our lives will never be the same post-pandemic. Some habits will be left with us even after everything goes back to normal. The COVID-19 economy has enabled a new era where everything lives in the digital realm. Day by day, physical interactions are reduced to a minimum. Things like telework, telemedicine, virtual learning, and digital payments will be the norm in a post-COVID economy. Paper money, and even physical credit/debit cards will become a thing of the past. Now the real question is, how long will it take for the economy to recover after the pandemic? Everything will depend on how governments manage to tackle the pandemic in the least time possible. The longer it takes for COVID-19 to disappear, the longer it'll take for the economy to recover.

Nonetheless, let's focus on restoring people's health for a better world. Governments should prioritize mass vaccinations in order to end COVID-19 as soon as possible. Instead of reopening schools, and removing lockdowns, governments should focus on people's health instead of the economy. We'll see how this plays out in the long run, depending on mainstream governments' actions against the COVID-19 pandemic. Just my opinion

[Sithara007]

Unfortunately, it turns out that I am right in my assumptions ...
I will also assume that vaccination will only help but not the basis of the fight against Covid19, most likely, after multiple recurrent diseases, people should develop their own immunity, which will be the solution to the problem.
By the way, I have an idea: if today's immunity in people who have been ill, or vaccinated, is not very long (they write that from 3 to 12 months), then maybe those who have been ill and vaccinated should abandon basic remedies (antiseptics, masks) in order to get new ones portions of the virus and support the body's immune response, this, in theory, should prolong the duration of immunity, the body will "train", and the immune response will fight the virus. What do you think ?

This is similar to the "herd immunity" theory tried in Sweden, which was abandoned later. For now, the only option is to strictly follow the social distancing protocols and take adequate precautionary measures such as wearing of masks. More and more lethal strains are being reported from all around the world, such as the ones from South Africa and Brazil. The experts are claiming that vaccines can provide immunity up to 6 years and I guess that is good enough.

[DrBeer]

Unfortunately, it turns out that I am right in my assumptions ...
I will also assume that vaccination will only help but not the basis of the fight against Covid19, most likely, after multiple recurrent diseases, people should develop their own immunity, which will be the solution to the problem.
By the way, I have an idea: if today's immunity in people who have been ill, or vaccinated, is not very long (they write that from 3 to 12 months), then maybe those who have been ill and vaccinated should abandon basic remedies (antiseptics, masks) in order to get new ones portions of the virus and support the body's immune response, this, in theory, should prolong the duration of immunity, the body will "train", and the immune response will fight the virus. What do you think ?

This is similar to the "herd immunity" theory tried in Sweden, which was abandoned later. For now, the only option is to strictly follow the social distancing protocols and take adequate precautionary measures such as wearing of masks. More and more lethal strains are being reported from all around the world, such as the ones from South Africa and Brazil. The experts are claiming that vaccines can provide immunity up to 6 years and I guess that is good enough.

This was my assumption, focused specifically on people who had already been vaccinated and had recovered (who had natural immunity for some time).
The problem with vaccination is:
- the vaccine is not enough, and today it is not enough for everyone. If you give the production to "everyone", a violation of technology, storage, etc. will begin. , which will lead to dire consequences.
- vaccination is slow. it takes years to vaccinate 60-70% (this will really stop the development of the disease).
- mutation of viruses can completely nullify the effectiveness of vaccines, mutations occur faster than a vaccine is being developed.
- multiple vaccinations, potentially can cause serious harm to the body.

In a word, for another 2-3 years we will definitely have to live in a "special mode" and pray for science or the natural potential of our body!

[Swopon]

The thread was created a long ago but still we are not safe from Covid-19. In the current time, lockdown still exists in few countries. Vaccine is also created in a short time but there has also many side effects.

In economic sector, it is still not fully opened due to lockdown in many countries. For this pandemic, many people lost their job and economy of maximum countries are not even at good position. I am from South Asian Zone and here economy was fragile even before this pandemic. For this virus, we are facing many problems. So you can imagine the economy now.

[Sithara007]

This was my assumption, focused specifically on people who had already been vaccinated and had recovered (who had natural immunity for some time).
The problem with vaccination is:
- the vaccine is not enough, and today it is not enough for everyone. If you give the production to "everyone", a violation of technology, storage, etc. will begin. , which will lead to dire consequences.
- vaccination is slow. it takes years to vaccinate 60-70% (this will really stop the development of the disease).
- mutation of viruses can completely nullify the effectiveness of vaccines, mutations occur faster than a vaccine is being developed.
- multiple vaccinations, potentially can cause serious harm to the body.

In a word, for another 2-3 years we will definitely have to live in a "special mode" and pray for science or the natural potential of our body!

I can agree with some of the points. It is true that the mass production of the vaccine is not progressing as we would have expected. But at the same time, let's not forget the fact that some 230 million + doses of the vaccine have been administered till now, and in countries such as Israel and the United Kingdom, the impact is already visible. And regarding mutations, out of the thousands of mutations being reported till now, only a very few were found to have resistance against the vaccines (such as the South African variant).