Economy after COVID-19

[Gyfts]

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Not sure how accurate Indian COVID numbers are but that peak isn't going to be the last. Only way you get control of COVID is through herd immunity, whether through natural immunity or vaccine distribution. India has neither, so expect a few more steep increases. US is a good example of how there were numerous peaks and declines. It's only until the vaccines rolled out until the decline of cases remained down.

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[globalpain]

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Not sure how accurate Indian COVID numbers are but that peak isn't going to be the last. Only way you get control of COVID is through herd immunity, whether through natural immunity or vaccine distribution. India has neither, so expect a few more steep increases. US is a good example of how there were numerous peaks and declines. It's only until the vaccines rolled out until the decline of cases remained down.

It seems that the problem in India is the distribution of the vaccine itself.
I think this problem is inseparable from the limited production of vaccines,
Of course the government must do something so that the spread of Covid 19 does not return to its peak

[Vishnu.Reang]

It seems that the problem in India is the distribution of the vaccine itself.
I think this problem is inseparable from the limited production of vaccines,
Of course the government must do something so that the spread of Covid 19 does not return to its peak

Talking about India, the main issue is not the lack of availability of the vaccine, but the delays due to red tape and bureaucracy. There was a statement form Bharat Biotech (the manufacturers of Covaxin, the second vaccine that is used in India). They were claiming that it takes around 120 days to complete all the bureaucratic hurdles, after the vaccines are manufactured at their facility. So vaccines that are manufactured in March first week will most probably reach the population by July first week. In Western nations, this process does not take more than 1-2 weeks.

[bengsabeng]

Not sure how accurate Indian COVID numbers are but that peak isn't going to be the last. Only way you get control of COVID is through herd immunity, whether through natural immunity or vaccine distribution. India has neither, so expect a few more steep increases. US is a good example of how there were numerous peaks and declines. It's only until the vaccines rolled out until the decline of cases remained down.

natural immunity is too risky because To achieve this goal more than 85% of the population must be infected. if this happens, the number of victims who die will experience a very significant increase. in other words it was the same as sacrificing them 

[Ngemmeng]

Not sure how accurate Indian COVID numbers are but that peak isn't going to be the last. Only way you get control of COVID is through herd immunity, whether through natural immunity or vaccine distribution. India has neither, so expect a few more steep increases. US is a good example of how there were numerous peaks and declines. It's only until the vaccines rolled out until the decline of cases remained down.

natural immunity is too risky because To achieve this goal more than 85% of the population must be infected. if this happens, the number of victims who die will experience a very significant increase. in other words it was the same as sacrificing them 

I think immune will naturally happen by itself. try to look at the graph of the number of infections due to this virus. agree or not natural immunity will form by itself. it is too difficult to stop the spread of this virus, maybe natural immunity is the only way to defeat this virus.

[Sithara007]

natural immunity is too risky because To achieve this goal more than 85% of the population must be infected. if this happens, the number of victims who die will experience a very significant increase. in other words it was the same as sacrificing them 

Agreed. The mortality stands at 2% to 3% now, and 85% infection rate means that anywhere from 1.7% to 2.5% of the population will die from the disease. We can't afford that as of now. The best option is to go for mass vaccination, which will prevent the deaths by 98% to 99%. There are a few instances of vaccinated people contracting COVID, but overall the probability is much lower when compared to unvaccinated people.

[dongyi17]

I think economy after covid-19 demise will continue to survive as they are struggling right now, any countries suffered from covid 19 would want to rise again, many industries would try to open again regardless of how little their income is for as long as they will recover. cryptocurrency seem like the taste of what future would be cashless and for others it is more convenient and safe to use after pandemic had done to their countries.

[Gyfts]

Not sure how accurate Indian COVID numbers are but that peak isn't going to be the last. Only way you get control of COVID is through herd immunity, whether through natural immunity or vaccine distribution. India has neither, so expect a few more steep increases. US is a good example of how there were numerous peaks and declines. It's only until the vaccines rolled out until the decline of cases remained down.

natural immunity is too risky because To achieve this goal more than 85% of the population must be infected. if this happens, the number of victims who die will experience a very significant increase. in other words it was the same as sacrificing them 

The numbers varied, usually it's something like 60-80 percent, but the CDC and WHO were never really sure. The real number might be higher. Sweden tried herd immunity and their strategy actually failed (kind of) -- their deaths per capita were high and no matter how hard they tried to limit collateral damage. Their strategy was to let their economy move freely, not restrict businesses, and let young and healthy people get infected, recover, and get naturally immunized. Not sure if I'd call it a sacrifice.

[Betwrong]

Not sure how accurate Indian COVID numbers are but that peak isn't going to be the last. Only way you get control of COVID is through herd immunity, whether through natural immunity or vaccine distribution. India has neither, so expect a few more steep increases. US is a good example of how there were numerous peaks and declines. It's only until the vaccines rolled out until the decline of cases remained down.

natural immunity is too risky because To achieve this goal more than 85% of the population must be infected. if this happens, the number of victims who die will experience a very significant increase. in other words it was the same as sacrificing them  

Waiting for natural immunity to happen, while doing nothing, is too risky indeed. But there is no country in the world right now where something like this is happening. Various measures are being taken to prevent the spread of COVID-19: vaccinations, restrictions. Also, apart from stimulating the immune system to produce antibodies, the vaccines help to prevent people developing severe Covid symptoms. I'm sure the solution is vaccination, but when most people of the world will be fully vaccinated is a big question. Right now it's only 5.5%. Looks like we have 3-4 months of the vaccination process ahead. It's a long time, but the world economy will survive. We can see from the past year that it is strong enough to survive many months of unfortunate events.

[bryant.coleman]

Waiting for natural immunity to happen, while doing nothing, is too risky indeed. But there is no country in the world right now where something like this is happening. Various measures are being taken to prevent the spread of COVID-19: vaccinations, restrictions. Also, apart from stimulating the immune system to produce antibodies, the vaccines help to prevent people developing severe Covid symptoms. I'm sure the solution is vaccination, but when most people of the world will be fully vaccinated is a big question. Right now it's only 5.5%. Looks like we have 3-4 months of the vaccination process ahead. It's a long time, but the world economy will survive. We can see from the past year that it is strong enough to survive many months of unfortunate events.

Sweden, Brazil and Mexico are some of the countries that tried the herd immunity approach. And look at the condition of these countries right now. All of them have much more deaths from CoVID 19, when compared to the neighboring countries. In case of Sweden, they have reported 14,413 deaths from CoVID 19 till now. On the other hand, the neighboring countries such as Norway and Finland have reported less than 1,000 deaths each. Look at the stark difference.. this is what herd immunity approach did.

[Betwrong]

Waiting for natural immunity to happen, while doing nothing, is too risky indeed. But there is no country in the world right now where something like this is happening. Various measures are being taken to prevent the spread of COVID-19: vaccinations, restrictions. Also, apart from stimulating the immune system to produce antibodies, the vaccines help to prevent people developing severe Covid symptoms. I'm sure the solution is vaccination, but when most people of the world will be fully vaccinated is a big question. Right now it's only 5.5%. Looks like we have 3-4 months of the vaccination process ahead. It's a long time, but the world economy will survive. We can see from the past year that it is strong enough to survive many months of unfortunate events.

Sweden, Brazil and Mexico are some of the countries that tried the herd immunity approach. And look at the condition of these countries right now. All of them have much more deaths from CoVID 19, when compared to the neighboring countries. In case of Sweden, they have reported 14,413 deaths from CoVID 19 till now. On the other hand, the neighboring countries such as Norway and Finland have reported less than 1,000 deaths each. Look at the stark difference.. this is what herd immunity approach did.

Norway's population is 5.328 million, and they have 783 deaths reported.
Finland's population is 5.518 million - 956 deaths.
Sweden with population 10.23 million has 14,413 deaths.

From the data above it's clear that the Swedish model has totally failed. But it's not much of a wonder. When you think you are smarter than the whole world you fail in the end more often than not. It's not people of Sweden to blame, though. I'm sure they would follow the authorities' orders and instructions. It's Sweden's authorities who acted highly irresponsibly.

[bryant.coleman]

Norway's population is 5.328 million, and they have 783 deaths reported.
Finland's population is 5.518 million - 956 deaths.
Sweden with population 10.23 million has 14,413 deaths.

From the data above it's clear that the Swedish model has totally failed. But it's not much of a wonder. When you think you are smarter than the whole world you fail in the end more often than not. It's not people of Sweden to blame, though. I'm sure they would follow the authorities' orders and instructions. It's Sweden's authorities who acted highly irresponsibly.

Herd immunity is simply not the solution. In order to achieve herd immunity without vaccination, you need to sacrifice 3% to 4% of your population (that number may be higher with the new strains). But let's not forget that within Sweden, several of the scientists were vocal in their opposition to the government's policy (including well known researchers such as  Stefan Hanson). Unfortunately, the individual who was the mastermind behind this policy (Anders Tegnell) still has his job as the state epidemiologist. In any other country, this guy would have been fired and in all probability will be facing prosecution for 12,000 additional deaths.

[bitterguy28]

natural immunity is too risky because To achieve this goal more than 85% of the population must be infected. if this happens, the number of victims who die will experience a very significant increase. in other words it was the same as sacrificing them 

Agreed. The mortality stands at 2% to 3% now, and 85% infection rate means that anywhere from 1.7% to 2.5% of the population will die from the disease. We can't afford that as of now. The best option is to go for mass vaccination, which will prevent the deaths by 98% to 99%. There are a few instances of vaccinated people contracting COVID, but overall the probability is much lower when compared to unvaccinated people.

2.5% of the population worldwide? that is exaggeration because there is not even 1.5% who dies by now and the virus is slowly getting rid already.

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.

it is changing already , there are so many things that already change now.

[Mauser]

I think economy after covid-19 demise will continue to survive as they are struggling right now, any countries suffered from covid 19 would want to rise again, many industries would try to open again regardless of how little their income is for as long as they will recover. cryptocurrency seem like the taste of what future would be cashless and for others it is more convenient and safe to use after pandemic had done to their countries.

I have similar expectations of the economy after covid. Usually the stock market is a good indication of how investors are thinking about the future. So as long as stocks are keep rising I think we will be fine. Economic forecasts and stock forecasts usually go hand in hand. If companies are doing fine so does the economy, and vice versa. Higher stock prices means more investing, which means more money for the future.

[infarterr]

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.

Because the economy is currently in a slump, it will definitely take time to recover gradually, but now even though a vaccine has been found but Covid-19 has not disappeared, people are tired of doing lockdown at home, we all hope that this pandemic will pass soon so that people can carry out activities as before

[shadow123]

As we saw from the March, again the COVID-19 pandemic continues to overshadow all over the world. It has seriously effected to day by day work. So many peoples trying to earn some money from home. So many digital platform are more popular among the peoples. They trying to work with digital currencies. I think many we can see many developments and projects those related to the crypto currencies after covid-19.

[Betwrong]

Norway's population is 5.328 million, and they have 783 deaths reported.
Finland's population is 5.518 million - 956 deaths.
Sweden with population 10.23 million has 14,413 deaths.

From the data above it's clear that the Swedish model has totally failed. But it's not much of a wonder. When you think you are smarter than the whole world you fail in the end more often than not. It's not people of Sweden to blame, though. I'm sure they would follow the authorities' orders and instructions. It's Sweden's authorities who acted highly irresponsibly.

Herd immunity is simply not the solution. In order to achieve herd immunity without vaccination, you need to sacrifice 3% to 4% of your population (that number may be higher with the new strains). But let's not forget that within Sweden, several of the scientists were vocal in their opposition to the government's policy (including well known researchers such as  Stefan Hanson). Unfortunately, the individual who was the mastermind behind this policy (Anders Tegnell) still has his job as the state epidemiologist. In any other country, this guy would have been fired and in all probability will be facing prosecution for 12,000 additional deaths.

Honestly, I don't think such people should be prosecuted. Yes, he should be fired, or resign voluntarily, because he obviously failed as a state epidemiologist, but if you start prosecuting such people, no one is going to want to take that position. After all, the damage wasn't intentional. He was wrong, but he surely wanted the best for his country.

[Vishnu.Reang]

2.5% of the population worldwide? that is exaggeration because there is not even 1.5% who dies by now and the virus is slowly getting rid already.

Perhaps this 1.5% figure is from infections with the original strain. A recent study from the city of Bangalore in India suggests a mortality of 7%. And it may be even higher, given that a number of people who recovers from the pandemic succumbs to various complications later. And more than 90% of the infections in this study were caused by the Delta strain. So I could see an increase in mortality by up to 5 times due to the mutated strain. And the bad news is that this strain (B.1.617.2) is resistant to some degree against the vaccines as well.

[Furious 7]

As we saw from the March, again the COVID-19 pandemic continues to overshadow all over the world. It has seriously effected to day by day work. So many peoples trying to earn some money from home. So many digital platform are more popular among the peoples. They trying to work with digital currencies. I think many we can see many developments and projects those related to the crypto currencies after covid-19.

Every year the project is growing and there are many enthusiasts after people are now at home due to covid-19 which has limited our travels, but we can't imagine because the crypto space has increased to society at large and this has resulted in many large institutional companies being involved as shields. the biggest investor, but in digital work there are many not only cryptocurrencies that I know, it's just that those of us who are often involved in the crypto world will know what percentage of the growing community that goes into this, this is a good thing for those who are strong fans of crypto is the best way to earn an income at home.

[giammangiato]

Every year the project is growing and there are many enthusiasts after people are now at home due to covid-19 which has limited our travels, but we can't imagine because the crypto space has increased to society at large and this has resulted in many large institutional companies being involved as shields. the biggest investor, but in digital work there are many not only cryptocurrencies that I know, it's just that those of us who are often involved in the crypto world will know what percentage of the growing community that goes into this, this is a good thing for those who are strong fans of crypto is the best way to earn an income at home.

every century of human history has had its problems and its dramas
years ago there are far worse diseases with a considerable duration, we must take the positive things that he left us:
- smart working, now accepted by companies
- cryptocurrencies now known to all