Economy after COVID-19

[Vishnu.Reang]

^^^ For the last 3-4 weeks, most of the states are under strict lockdown. Test positivity in Delhi has come down from 30% to 2%, and similarly the other state where the second wave originated (Maharashtra) is also showing a sharp decline in the number of cases. Most of the deaths are occurring in people who got infected 2-3 weeks ago and by mid-June the daily death toll should come down to 1500-2000 (which is still a large number). Vaccination program has slowed down considerably since April, due to the embargo imposed by the United States. The embargo was lifted only recently, and it will take a few months to get the production back to previous levels.

[globalpain]

At present, even though there is a Covid-19 vaccine, the increase in Covid continues to increase in several countries, one of which is India, if Covid-19 has completely disappeared on this earth, then world economic growth will gradually increase, because currently there is a lot of unemployment which makes people have to adapt back to their original jobs

Indian government made the mistake of prioritizing 45 plus age group for vaccination. They should have actually vaccinated as many people as possible with the first dose, before administrating the second dose. But they went the other direction and that reduced the vaccine coverage. Now most of the deaths are occurring among those who are under 45 years. And given the enormous population size of India, the situation is unlikely to change for the next 5-6 months.

a shortage of medical personnel and a limited number of vaccines forced the government to implement the system. vaccinations are carried out periodically, the first to get the vaccine is medical personnel. then after that the government apparatus and after that the elderly.

That is why medical personnel are very important at this time so of course the priority is medical personnel,
because if the hospital is short of medical personnel it will be a new problem,
therefore I think it is a decision for the government to implement that system

[PIR]

In positive way people begin aware on their environment, to become careful and vigilant to people their meet  everyday. After Covid i think economy will rise again, many business are function again and many jobs are open also with safety protocol even the covid is gone.

[Vishnu.Reang]

In positive way people begin aware on their environment, to become careful and vigilant to people their meet  everyday. After Covid i think economy will rise again, many business are function again and many jobs are open also with safety protocol even the covid is gone.

For the economy to recover properly, first the pandemic needs to be contained. And with just 6% of the world population fully vaccinated against COVID (around 400 million till now), that target is at least one year away. And even those who are fully vaccinated needs booster shots after a duration of 12 months. And from what we have seen, the vaccine manufacturers are unable to meet the global demand. On top of that, at least some of the vaccine manufacturers are facing tough questions related to efficacy.

[globalpain]

In positive way people begin aware on their environment, to become careful and vigilant to people their meet  everyday. After Covid i think economy will rise again, many business are function again and many jobs are open also with safety protocol even the covid is gone.

For the economy to recover properly, first the pandemic needs to be contained. And with just 6% of the world population fully vaccinated against COVID (around 400 million till now), that target is at least one year away. And even those who are fully vaccinated needs booster shots after a duration of 12 months. And from what we have seen, the vaccine manufacturers are unable to meet the global demand. On top of that, at least some of the vaccine manufacturers are facing tough questions related to efficacy.

What is clear is that it is not easy, of course, to be able to see the economy recover to its original state considering that most countries are still imposing restrictions on overcoming Covid 19,
Besides that, the distribution of vaccines is not evenly distributed because indeed vaccine production is still in the process stage,
so for this year it looks like the economy cannot return to normal

[muarip]

In positive way people begin aware on their environment, to become careful and vigilant to people their meet  everyday. After Covid i think economy will rise again, many business are function again and many jobs are open also with safety protocol even the covid is gone.

I'm not so easily sure that Covid-19 will just disappear, it's a virus that keeps growing every year maybe every 10 years. you can see the bird flu virus and other types of viruses that the world cannot solve. But we only hope good things will come in the future. I'm curious to see a government can stop Covid-19 so cleanly.

[conected]

In positive way people begin aware on their environment, to become careful and vigilant to people their meet  everyday. After Covid i think economy will rise again, many business are function again and many jobs are open also with safety protocol even the covid is gone.

I'm not so easily sure that Covid-19 will just disappear, it's a virus that keeps growing every year maybe every 10 years. you can see the bird flu virus and other types of viruses that the world cannot solve. But we only hope good things will come in the future. I'm curious to see a government can stop Covid-19 so cleanly.

- Right now, the only thing we can do together is just pray and hope for the solutions that the government will provide to improve the problems related to Covid, can't let the spread of Covid increase every day like this, the numbers show the global nature of the problem, I've watched too many movies about apocalypse and doomsday but couldn't think that one day, a similar situation would come up in such a way. The question of the economy is sure to be covered a lot in the near future, it is impossible to know which direction the unemployed will take next.

[tyz]

In positive way people begin aware on their environment, to become careful and vigilant to people their meet  everyday. After Covid i think economy will rise again, many business are function again and many jobs are open also with safety protocol even the covid is gone.

I think most people have a false assumption. Covid will not disappear anytime soon, we will just learn to live with it. The pandemic will keep us busy for years to come, even if many things become more normal again through vaccination. But as I understand it, many people believe that the virus will disappear shortly and that it will all be over. This is wrong!

[Mauser]

In positive way people begin aware on their environment, to become careful and vigilant to people their meet  everyday. After Covid i think economy will rise again, many business are function again and many jobs are open also with safety protocol even the covid is gone.

I think most people have a false assumption. Covid will not disappear anytime soon, we will just learn to live with it. The pandemic will keep us busy for years to come, even if many things become more normal again through vaccination. But as I understand it, many people believe that the virus will disappear shortly and that it will all be over. This is wrong!

I agree that covid is likely to stay with us for the next few years, but the impact covid has on our life will change. The number of vaccinated people is rising each week, it is just a matter of time until we reach 60 or 80% of the population with the vaccine. At the moment we are seeing that economic growth forecasts for next year are very positive, which results in rising stock markets. In my opinion we have the worst of covid behind us and should focus now on rebuilding our countries. The economy took a big hit, but once everything goes back to normal we can expect a strong economy again. It is all about remaining optimistic.

[buietaw]

In addition to what has been said. changes itself in the virus. its purpose is to survive.

But I think we will soon encounter different types of viruses than covid. The 21st century may be the year of the virus.

[Fredomago]

I think most people have a false assumption. Covid will not disappear anytime soon, we will just learn to live with it.

Just the same with other diseases, this virus is already here, we will learn how to use to it and how we keep our distance
to avoid being infected.

The pandemic will keep us busy for years to come, even if many things become more normal again through vaccination.

Yeah right, not because of those vaccines but because people are more aware of possibilities, what Covid brought to all of us
are something that we will remembered for the rest of our life.

But as I understand it, many people believe that the virus will disappear shortly and that it will all be over. This is wrong!

Hopefully, even if won't disappear completely proper medications might be available in curing this disease.

[AndySt]

I agree that covid is likely to stay with us for the next few years, but the impact covid has on our life will change. The number of vaccinated people is rising each week, it is just a matter of time until we reach 60 or 80% of the population with the vaccine. At the moment we are seeing that economic growth forecasts for next year are very positive, which results in rising stock markets. In my opinion we have the worst of covid behind us and should focus now on rebuilding our countries. The economy took a big hit, but once everything goes back to normal we can expect a strong economy again. It is all about remaining optimistic.

I don't fully agree about a strong economy after COVID. If we talk about the effect of a low base and the processes in the economy that continue for more than a year due to the epidemic, then of course, if everything goes well with vaccination,then we can talk about the recovery of economies in the next few years. But the signs and symptoms of the economic crisis that roamed the world before the pandemic hit have not gone away. I also have great concerns about the growth of stock markets, because a very significant part of this growth was due to the unprecedented growth of the money supply and it is not fully clear whether it will be possible to put the genie in the bottle after the curtailment of economic stimulus programs to avoid hyperinflation.

[Sithara007]

I agree that covid is likely to stay with us for the next few years, but the impact covid has on our life will change. The number of vaccinated people is rising each week, it is just a matter of time until we reach 60 or 80% of the population with the vaccine. At the moment we are seeing that economic growth forecasts for next year are very positive, which results in rising stock markets. In my opinion we have the worst of covid behind us and should focus now on rebuilding our countries. The economy took a big hit, but once everything goes back to normal we can expect a strong economy again. It is all about remaining optimistic.

It is not easy as you say. Reaching a vaccination coverage of 60% is not possible in 2021. We are almost through mid-year and still only around 6% of the world's population has been fully vaccinated. You are talking about a scenario where ten times that number is going to be vaccinated in the next 7 months, which I believe is unrealistic. Simply the manufacturers have failed to keep up with the demand. And they don't want to invest too much in to production, because the pandemic will go away in a year or two and after that these facilities will be useless after that.

[muarip]

In positive way people begin aware on their environment, to become careful and vigilant to people their meet  everyday. After Covid i think economy will rise again, many business are function again and many jobs are open also with safety protocol even the covid is gone.

I'm not so easily sure that Covid-19 will just disappear, it's a virus that keeps growing every year maybe every 10 years. you can see the bird flu virus and other types of viruses that the world cannot solve. But we only hope good things will come in the future. I'm curious to see a government can stop Covid-19 so cleanly.

- Right now, the only thing we can do together is just pray and hope for the solutions that the government will provide to improve the problems related to Covid, can't let the spread of Covid increase every day like this, the numbers show the global nature of the problem, I've watched too many movies about apocalypse and doomsday but couldn't think that one day, a similar situation would come up in such a way. The question of the economy is sure to be covered a lot in the near future, it is impossible to know which direction the unemployed will take next.

The big duty of a government to take care of their population for the better. but some countries are not very good at dealing with this problem. there are countries that do not really care about the virus and only seek to profit from the vaccines they find. there are some countries also doing corruption with money used for people affected by covid. very sad.

[ardydyon]

I think the economy after covid 19 will be many changes and adjustments in various sectors in which the emergence of this virus we always reminded of social distance .The use of cash is likely to reduced use digital money to do a transaction. The same thing happened in the buying and selling of and carry on our business will be turned over to procurement of online one in which a buyer and seller of do not need to see directly. Uncertainty like when this is gonna take a long time to Economy recover at least before we restore this pandemic.

[Sithara007]

I think the economy after covid 19 will be many changes and adjustments in various sectors in which the emergence of this virus we always reminded of social distance .The use of cash is likely to reduced use digital money to do a transaction. The same thing happened in the buying and selling of and carry on our business will be turned over to procurement of online one in which a buyer and seller of do not need to see directly. Uncertainty like when this is gonna take a long time to Economy recover at least before we restore this pandemic.

The governments always want to do away with physical cash, as it is a 100% anonymous form of payment. The pandemic has given them a shot in the arm to implement their policies on this regard. Here in India, many of the government offices are no longer accepting cash payment. After a certain limit, it is mandatory to use the electronic mode. If the tend continues, then I am afraid that physical cash will be completely eradicated in a decade or two. And that may not be a good news for us, as it will increase the government surveillance.

[judaspriest]

In positive way people begin aware on their environment, to become careful and vigilant to people their meet  everyday. After Covid i think economy will rise again, many business are function again and many jobs are open also with safety protocol even the covid is gone.

I'm not so easily sure that Covid-19 will just disappear, it's a virus that keeps growing every year maybe every 10 years. you can see the bird flu virus and other types of viruses that the world cannot solve. But we only hope good things will come in the future. I'm curious to see a government can stop Covid-19 so cleanly.

- Right now, the only thing we can do together is just pray and hope for the solutions that the government will provide to improve the problems related to Covid, can't let the spread of Covid increase every day like this, the numbers show the global nature of the problem, I've watched too many movies about apocalypse and doomsday but couldn't think that one day, a similar situation would come up in such a way. The question of the economy is sure to be covered a lot in the near future, it is impossible to know which direction the unemployed will take next.

The big duty of a government to take care of their population for the better. but some countries are not very good at dealing with this problem. there are countries that do not really care about the virus and only seek to profit from the vaccines they find. there are some countries also doing corruption with money used for people affected by covid. very sad.

I am surprised that you say there are countries that don't really care about Covid 19,
does that country not see that Covid 19 is a dangerous virus because in fact we can see for ourselves that there are thousands or even millions of people who have died from this virus,
seeing things like that is certainly very sad and hopefully this incident does not happen again

[CryptocurencyKing]

There isn’t any economy that wouldn't be able to revive itself in time, if not, whats the essence of production and international relations. It would all be for nothing should the possibility of a revival be out of the picture. Where the issue lies is always as to how long. We all know or are aware through which ever source that  before there would be a lasting success or development, there must be a great suffering. That suffering is the pandemic and it shuck not just one nation's economy but the economy of the world to the point were we had individuals actually being a brothers keeper to others. It was amazing! We saw people actually being patriotic towards the needy to aid them pass through the phases of the pandemic.

The pandemic brought a from of sensitization to citizens of nation's that there are opportunities even in the least of places and most of all, on the internet. Now everybody wants to benefit from the services avail on the net, the world or labour force of a nation is no longer limited to physical tasks but now, could attract wealth to a nation form the opportunities on the net which would in turn bring more ey into the system for other capital investments. The economy would grow to stability again.

[muarip]

In positive way people begin aware on their environment, to become careful and vigilant to people their meet  everyday. After Covid i think economy will rise again, many business are function again and many jobs are open also with safety protocol even the covid is gone.

I'm not so easily sure that Covid-19 will just disappear, it's a virus that keeps growing every year maybe every 10 years. you can see the bird flu virus and other types of viruses that the world cannot solve. But we only hope good things will come in the future. I'm curious to see a government can stop Covid-19 so cleanly.

- Right now, the only thing we can do together is just pray and hope for the solutions that the government will provide to improve the problems related to Covid, can't let the spread of Covid increase every day like this, the numbers show the global nature of the problem, I've watched too many movies about apocalypse and doomsday but couldn't think that one day, a similar situation would come up in such a way. The question of the economy is sure to be covered a lot in the near future, it is impossible to know which direction the unemployed will take next.

The big duty of a government to take care of their population for the better. but some countries are not very good at dealing with this problem. there are countries that do not really care about the virus and only seek to profit from the vaccines they find. there are some countries also doing corruption with money used for people affected by covid. very sad.

I am surprised that you say there are countries that don't really care about Covid 19,
does that country not see that Covid 19 is a dangerous virus because in fact we can see for ourselves that there are thousands or even millions of people who have died from this virus,
seeing things like that is certainly very sad and hopefully this incident does not happen again

I'm not going to mention which countries do not really care about their citizens because that could be a new issue later. but I know from reliable news. there are countries that are only thinking about how to make money from the virus. for example, that the vaccine that is given has to spend money from each citizen. issue a fee from the covid-19 free check letter.They are constantly looking for ways to make money for themselves.

[jaysabi]

At present, even though there is a Covid-19 vaccine, the increase in Covid continues to increase in several countries, one of which is India, if Covid-19 has completely disappeared on this earth, then world economic growth will gradually increase, because currently there is a lot of unemployment which makes people have to adapt back to their original jobs

Indian government made the mistake of prioritizing 45 plus age group for vaccination. They should have actually vaccinated as many people as possible with the first dose, before administrating the second dose. But they went the other direction and that reduced the vaccine coverage. Now most of the deaths are occurring among those who are under 45 years. And given the enormous population size of India, the situation is unlikely to change for the next 5-6 months.

Something very disturbing is happening in India right now with daily new deaths being at the highest level during all May:



But if look closely, we can notice that maybe a decline is emerging. And if we combine that with the fact that daily new cases are in decline since the beginning of May



I think we can hope that the situation will change for better much earlier than after 5-6 months.

Deaths always lag new cases, so if new cases are falling currently it is reasonable to expect that deaths will start to follow the same trend in the future when the latency period between diagnoses and the binary outcome of death or recovery catches up.  The danger is that perhaps India is overwhelmed and can't keep up with reporting, in which case deaths will not start to fall because it's actually new cases that are under reported and not because infections are actually going down.  It is already widely expected that the true number of cases is greatly under reported in India.