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Author Topic: Covid-19 effect on your country's economy!!!  (Read 5265 times)
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June 14, 2020, 06:25:12 PM
 #1

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

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June 14, 2020, 07:24:55 PM
 #2

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

I think I would try and explain what's happening in the country where am living in :
• Inflation
  Only in the local markets though , in the government owned sectors it is more or so the same except for few essentials .
• Schools / Colleges demanding 100% fee and giving out notice on how you will be kicked out if you don't pay . Considering how people don't have jobs during this pandemic, this is really low.
• education level is down but they are still earning.
• People are abandoning their pets and such , whole situation is really dire since , the local shelters are not able to accumulate finding , everyone is struggling.
• Government officials , like the mayor of our city has been kind and not taking salary since 2 months .
• People are supposed to call the doctor when their fever is actually serious , government is in some places trying to hide the number of cases , they are not letting people test for COVID-19 , doctors have been advised by the government to not let the numbers run high , I don't have any proof of this but this is just inside information.

The country where I really belong from :
One word : Corruption
Hospitals are not even admitting patients, not giving them beds , not letting them come inside , asking for unreasonable amounts from the poor ones .

Only government officials are the one who are able to afford some healthcare.

Some people from my family are actually having all the symptoms of COVID  but they are being advised to follow social distancing and just stay at home and try home remedies.

A lot to tell actually , economy is down in every sector , schools and hospitals are enjoying .

The sanitizer companies and masks companies are paying people for making 0.50 inr for 1 mask which is then sold for 40 inr .

This is an unfortunate event .

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June 15, 2020, 03:58:14 AM
 #3

Indonesia is a developing country with a population of around 267 million people with a large foreign debt of USD 389.3 billion. Indonesia was a country that greatly underestimated corona at first. When many other countries have contracted corona, Indonesia's positive cases are still zero. Early March 1,2,3 patients were found, now the number of corona positive patients is (Positive 38,277, Healed 14,531, Death 2,134).

Economic growth in Indonesia was still positive in Q1 because it was helped by the balance sheet from the previous period. But since the enactment of the Large-Scale Social Restrictions that began with the cessation of teaching and learning activities, the closure of shopping centers, entertainment centers, and family recreation then the closure of government offices and followed by the closure of private offices automatically slowed economic movements. March of May should have been a period of economic upheaval in Indonesia due to the Eid al-Fitr (the largest holiday and the largest national seasonal migration in Indonesia) but this year there was no surge even felt to reach the level of small and medium businesses and street vendors.

In the condition of increasing the number of covid-19 sufferers per day which is still increasing even before reaching the culmination point, the government decided to reopen the Indonesian economy with consideration of the uncertainty when the vaccine was found and the possibility of chaos if quarantine continued with the fact that the government did not have budged to support quarantine.

What can be seen now in the Indonesian economy is that many people finally start selling, which means many new businesses are growing or demand is declining. Mass dismissals by large-scale manufacturers. Even companies in the same class as Astra have given an intro that if the economic downturn continues, there will be a policy of reducing employees. For airlines, the termination of employees occurs, and also for active employees the salary is only given 25% while for hospitality there is unpaid leave and the reduction of active employee salaries to 50%.

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June 15, 2020, 05:40:03 AM
 #4

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
I think this will be the event that will make the financial world reset. This is also the purpose that the Chinese government wants, it wants to harm many developed countries so that their economy goes down. then they will be the ones who control the disease first and go ahead compared to many countries. This is an unacceptable act and I hope that in the future there will be alliances against China's expansion.


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June 15, 2020, 06:45:31 AM
 #5

The Philippines is a third world country and obviously, my country is not ready nor prepared for this pandemic that suddenly arises from nowhere. When it was just starting, the government did not see that this will harm thousands and millions of people across the world that is why they did not ban travel flights immediately which made positive cases in the country increase rapidly.

For the past months of quarantine, the government is giving financial aid using different sectors of the government but it still not enough to feed all starving families that were affected by the sudden lockdown. What I can say is that our government is continuously borrowing money and this will put our country in great debt. Schools are suspended, while the Department of Education is still debating whether to freeze school year while there is no vaccine or to resume classes by August. Online classes won't be effective for everyone since not everyone has access to the internet.

While employees are starting to go back to work with the implemented new normal protocols, but it is still a struggle for everyone to travel because of the lack of transportation. There is also a lot of political issues and problems we are facing even in the middle of the pandemic, even protests outside. Overall, it's not like the government has not done anything, it's just that it's not enough for everyone and there are still lacking when it comes to finding a solution for this pandemic and the economy
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June 15, 2020, 07:00:37 AM
 #6

The Philippines is a third world country and obviously, my country is not ready nor prepared for this pandemic that suddenly arises from nowhere. When it was just starting, the government did not see that this will harm thousands and millions of people across the world that is why they did not ban travel flights immediately which made positive cases in the country increase rapidly.

For the past months of quarantine, the government is giving financial aid using different sectors of the government but it still not enough to feed all starving families that were affected by the sudden lockdown. What I can say is that our government is continuously borrowing money and this will put our country in great debt. Schools are suspended, while the Department of Education is still debating whether to freeze school year while there is no vaccine or to resume classes by August. Online classes won't be effective for everyone since not everyone has access to the internet.

While employees are starting to go back to work with the implemented new normal protocols, but it is still a struggle for everyone to travel because of the lack of transportation. There is also a lot of political issues and problems we are facing even in the middle of the pandemic, even protests outside. Overall, it's not like the government has not done anything, it's just that it's not enough for everyone and there are still lacking when it comes to finding a solution for this pandemic and the economy
Yes thats a really happen here in our country , our government have dont know about this virus and now we are still facing the pandemic and we dont know too when is the end of this. The oil price rising up to gain more budget that was need to fight this pandemic. Online education still not working good because of some places not good in data connection , the only one cure to us is the vaccine but we still waiting it and we dont know when is it.

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June 15, 2020, 07:18:48 AM
 #7

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

My country Nigeria, relies on oil as it main source of income and as we all know the pandemic has cause oil price globally to fall drastically. Nigeria isn't the only country suffering from this Oil crash but why ours is very visible is simply because we have no alternative like most developed country. When you speak about the savings from the period which the sales of oil most have been very profitable, the government can't give account of that either. The government has always emphasized the need to shift our focus to other sector like agriculture but I doubt if that can be achieved anything soon since the corrupt politicians are the majority among our leaders and they're fighting for their selfish interest instead of protecting the interest of the country.

The stats been displayed when the government want to give update on their proposed idea of investing in agriculture can't be related to by the average citizen either as most agriculture foodstuffs are still on the increase and when you try patronizing the locally manufactured product, you regret immediately as a result of the poor processing of these foodstuffs due to lack of funding/investment.

Nigeria is likely going to be among the numerous country that'll surfer when this whole episode of global lockdown is over, the government are still putting the country into more debt as a result of borrowing to spend instead of investing meanwhile we still have outstanding debts yet to be paid. Every sector of Nigeria economy is decreasing, even the entertainment sector which was one of our most promising sector is also suffering and if something isn't done in the quickest time possible, we might lose it all as a country.

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June 15, 2020, 07:33:38 AM
 #8

I feel sorry for those cafes or small shops that are losing big losses now. I think half of them are now bankrupt. I personally do not think this is right.
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June 15, 2020, 07:44:48 AM
 #9

I think this will be the event that will make the financial world reset. This is also the purpose that the Chinese government wants, it wants to harm many developed countries so that their economy goes down. then they will be the ones who control the disease first and go ahead compared to many countries. This is an unacceptable act and I hope that in the future there will be alliances against China's expansion.

China is really wise when it comes to its economy, being a communist country, the government can really control its people. We don't have any strong evidence that they do it this Covid-19 intentionally just to harm other countries' economy.

Some developed countries are really suffering just like the US, they have the largest number of Covid-19 among other countries.

China right now is recovering from this virus that originated from them, as of now, June 15, 2020, they have only 177 active cases of Covid-19. Even though they experienced huge number of Covid-19 cases these past few months, still their economy is stable because they are the top manufacturers of some products like face masks, alcohol, and etc.
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June 15, 2020, 08:08:27 AM
 #10

In the sector, of course, at the beginning it was experiencing a crisis that was so bad where the government continued to try to fight Covid-19 when more and more were infected, but in my country, as it is now, the situation has recovered to normal and has been implemented, meaning that it can still be overcome by easy but we still have to be able to protect our body from the virus.

But I see on the news in the United States now there are a lot of riots with the demonstrators is this really because of the injustice of its citizens?

R


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June 15, 2020, 08:26:45 AM
 #11

I feel sorry for those cafes or small shops that are losing big losses now. I think half of them are now bankrupt. I personally do not think this is right.
It isn't right but due to the situation and the circumstance that everyone is facing, this is inevitable at the moment. But it doesn't mean that there's no room for them to recover. There's always a room for the recovery once everything's back to normal or if not, the new normal.

But I see on the news in the United States now there are a lot of riots with the demonstrators is this really because of the injustice of its citizens?
I'm not from there but it's all about the protest due to George but most of the rioters are going far and doing things on their own. They're no longer related to justice that they're asking for George.

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June 15, 2020, 10:13:27 AM
 #12

Here on a developing country of the Philippines, there are a lot of things happen the same with the other country first let's take a look at the business some of them are closing immediately when they know that the virus is already entered to our country and some of them buy a lot of things they need like a stock of foods and other things basic need for daily living, also the government warn the people on the community to take a break for meantime and follow the rules.

By the time goes by the number of people are now having trouble because those supplies given to them by the government are going to shortage and they want more on that case some of them are begging right now, of course, those people who have a lot of money and in the middle class does not having a problem because they have supplies but those people who are one of the poorest needed some assist by the government officials. Now the same scenario and now lift up the GCQ into MGCQ and resume some of the jobs right now but still there is fear on the virus which the people are not afraid today is they going to infect because there are some cases they will die because of hunger or they will die because of the virus.

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June 15, 2020, 10:22:06 AM
 #13

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

Most of the affected businesses are small food chain, those who are only getting from dine in customers are really affected, the economy of this sectors are down and not everyone can facilitate online services and provide deliveries.
A lot of this small players are closing permanently, they can't survive the time frame from the government, without financial aids from the government more will be closing soon.

I feel sorry for those cafes or small shops that are losing big losses now. I think half of them are now bankrupt. I personally do not think this is right.

They can't survive if they will not embraced online orders, if they can't provide deliveries they will be closing and more of them will be bankrupts.
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June 15, 2020, 11:42:24 AM
 #14

I feel sorry for those cafes or small shops that are losing big losses now. I think half of them are now bankrupt. I personally do not think this is right.

This pandemic really bring huge discrepancy compared to our previous economy. We are really suffering from this downward movement in the market because of this quarantine. Many businesses are really affected no matter how big or small it is. They are prohibited to operate and open because of the risk of getting the disease from the customers.

That's why our economy is going down.

This general community quarantine allows other businesses to operate in the midst of this pandemic to somehow recover from this economic crisis. We all know that it will take more time to discover the vaccine but we also need to make a way for us to sustain our needs in this Covid-19 event.

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June 15, 2020, 12:07:24 PM
 #15

~snip
Let's not forget how the issue of the effects of the pandemic was almost one-sidedly put into the sidelines because of the issue of the anti-terrorism act that the president is enforcing right now. Not sure if it was intentional or not but really, it's like they're basically wasting their time, effort, and brain cells in the issue when we have a larger issue at hand. Not saying that it shouldn't be discussed, but it felt like they forced the topic of the pandemic effects to go to the sidelines.

Looking at it's economy though, it is notedly reported that due to China being top trading partner of PH, and seeing as how China was first hit by the Pandemic, you can expect it's economic growth to stagnate quite a bit, or even decrease at that. Just a bit of search shows that the economy of the PH lost around 2.2trillion PHP ($43billion) according to an article I found. Not trusting the number much though, since I really expect a lot of corruption happening behind the scenes even with the pandemic ongoing.

Article:https://business.inquirer.net/298536/p2-2-trillion-in-losses-cost-of-covid-19-impact-on-ph-economy

I feel sorry for those cafes or small shops that are losing big losses now. I think half of them are now bankrupt. I personally do not think this is right.
Personally yes, but thinking about it on a countrywide scale? They'd have to bear it. Still, right now most countries are easing up the quarantine and small cafes should be able to open, or at the very least, be able to deliver goods to customers that want to order. That can at least provide them with some sort of profit.

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June 15, 2020, 12:15:16 PM
 #16

All the countries that were hit by the pandemic experienced the economic recession for a few months of implementing either the lockdown or what they call enhanced community quarantine brought severe damage to the economy and to the citizens.

Currently in my country including the others have started to open their economy again for it is the only way for the government to recover from such damage caused by the pandemic it may not be yet time for the covid19 has no cure yet but if a certain country regardless of first or third world country will not take the risk it may even cause death for their economy which we all hope not to happen to our respective country.

For now, the best thing we can do is to work and pay all the necessary taxes that we need to in order for our country to cope up with the severe damage that we have gained from this crisis.

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June 15, 2020, 01:11:14 PM
 #17

Sad to say all countries are suffering right now due to covid19 especially to our country wherein we only a third world country that struggling and our economy is deeply down. With so many companies closes down and many people got out of jobs due to business closure that really made it worst. Our government really trying hard to help the people by providing support to each families like foods and cash assictanse as much possible until this pandemic is over.

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June 15, 2020, 01:27:08 PM
 #18

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

This Pandemic really brings fall in almost all side of each countries specially in Financial status of our country but i know that it will never take long before recovery.

Quote

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
It is the Job sector because the Manpower now are getting losing ,imagine that almost all of the biggest company are either shutting down or kicking their employees to cover the operating expenses?



But our country are now starting to Make it up,since the community is now under General Community Quarantine so the chance of finding their own source of living are indeed going on.

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June 15, 2020, 01:41:33 PM
 #19

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Everywhere in the world are effected with this disease and no economy has a chance to escape from it. The result have shown that many businesses have to shut down their jobs and many people have been pushed to unemployed. It has been a nightmare to everyone. My country is also suffered a huge loss

However, as the quarantine was annouced, many places have push away this pandemic and return to their job. Everything is not the same but we can look foward for a btter future. Telecompanies are the first one who suceed in maintaining thier job not for their own employees but also other parts of the world. They have connected people from places to places and bring more chances for other to work together during this pandemic

The world may not be the same. But as we are human, i do believe we will figure out ways to deal with this corruption. After every recession, the world always become a better place, right ?

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June 15, 2020, 03:40:45 PM
 #20

Our country is highly affected by COVID-19. Thousands of people have already affected and death rate are increasing increasingly. The economy of our country has badly affected. Thousands of people have lost their jobs. Banks are decreasing the salary. After all the country is in the face of a great challenge.

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June 15, 2020, 08:43:42 PM
 #21

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
Well, my country was never really doing great so it didn't suddenly became a bad country, we were economically screwed to begin with and it just became even worse but at the same time the companies that were at the blink of bankruptcy and didn't paid their workers the right amount and abused worker laws etc etc all went under and bought by other people who were richer so there was a silver lining in the end.

If you are a company that ran away from paying taxes by showing excessive costs and no profits, government usually didn't do anything about it because there was tax coming in, with this pandemic government asked everyone to pay up and they had to pay not only the taxes but also the penalty for trying to screw the government for it as well. So there were some good things while the economy is going down the drain.
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June 16, 2020, 05:24:51 AM
 #22

Let's not forget how the issue of the effects of the pandemic was almost one-sidedly put into the sidelines because of the issue of the anti-terrorism act that the president is enforcing right now. Not sure if it was intentional or not but really, it's like they're basically wasting their time, effort, and brain cells in the issue when we have a larger issue at hand. Not saying that it shouldn't be discussed, but it felt like they forced the topic of the pandemic effects to go to the sidelines.
Frankly, it was intentional, IMO. The executive department had ordered it as urgent. Hence, putting the bigger issues aside. Am not sure why the president came up with that idea, 'cause from what is obvious, there were countless of expression of dissents happening around in social media, and numerous protest in some places. But there's nothing much happening about terrorism right now, for him to order the bill as urgent.

-
Anyway, much has been said by this guy. And from what I see, looks like we're still going to suffer from various instances our government decide to put an action on; to economic recession as mentioned (well, there's no exception, either way)up to risk on health matters. Quite lucky somehow, that there were LGUs from several cities who perform very well on fighting against the pandemic, for not being additonal burden our country currently facing.
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June 16, 2020, 06:50:38 AM
 #23

Corruption, widespread unemployment and lack of solid plans to jumpstart the economy. The government's debt rose to $175 billion dollars and not much of that money ever came into good use aside from the inconsistent and rather shady financial assistance. Online sellers of the smallest scale are also being considered to be taxed just to get some funds going on, but many people surely hate that idea. The government is also trying funky ways to get some.money, but the citizens are having none of it.

Greetings from the Philippines. A country of fucked-up politicians and clowns.

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June 16, 2020, 09:21:59 AM
 #24

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

This pandemic is the baddest crisis we ever had in our generation,affecting 98% of the world with Virus that ha no vaccine.
there are many countries that drops more than half of their economy because of no readiness in this kind of infection and we can't blame them.

i hope that one day everything will come to normal and world will be healed and the people will not suffer with this same case.

Quote
Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
Business sector maybe?

In my own community 30% of the former business are now remains close as the owner lose capital during the almost 3 months of quarantine,because many of them are just borrowed from the banks and loan sharks.
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June 16, 2020, 09:28:43 AM
 #25

For now, the best thing we can do is to work and pay all the necessary taxes that we need to in order for our country to cope up with the severe damage that we have gained from this crisis.

All of us are affected by this pandemic, this Covid-19 really bring recession because of the businesses that are not allowed to operate due to the risk of getting the disease. We all know that if people can't go to work, they will have no budget to survive this quarantine. Huge taxes are waiting for the people to be paid by them, it is the government's fault if we have a huge debt on the World Bank. This GCQ somehow help our country's economy because it allows some small and huge businesses to operate even though there is a risk of Covid-19 outside. By this, we can somehow recover from economic crisis but the transmission of virus probably increase. So, this GCQ is not the best option to do to recover economically.

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June 16, 2020, 09:49:22 AM
 #26

For now, the best thing we can do is to work and pay all the necessary taxes that we need to in order for our country to cope up with the severe damage that we have gained from this crisis.

All of us are affected by this pandemic, this Covid-19 really bring recession because of the businesses that are not allowed to operate due to the risk of getting the disease. We all know that if people can't go to work, they will have no budget to survive this quarantine. Huge taxes are waiting for the people to be paid by them, it is the government's fault if we have a huge debt on the World Bank. This GCQ somehow help our country's economy because it allows some small and huge businesses to operate even though there is a risk of Covid-19 outside. By this, we can somehow recover from economic crisis but the transmission of virus probably increase. So, this GCQ is not the best option to do to recover economically.
I disagree with the words that I shaded above.
First, that isn't our government fault that we are owing to debt, nobody's like this situation and this is a global problem that might they are also experienced from the inflation recession. That there are small merchants on business sectors that now resume again and hoping they will generate profit amid the covid19 pandemic situation.

Yes, it is very risky that the transmission of the virus will rapidly increase. But when we're continuing the businesses to operate?
Waiting for the vaccines when it is released? What if it takes years before it will discover, how can we survive from the comic crisis?

Transmission of the virus might be under control by following new guidelines and new normal policies.

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June 16, 2020, 10:02:35 AM
 #27

There's a big effect, especially on the entertainment sector like movie industry and sports since they are not allowed to resume its operation yet.
As of now, sectors  allowed to resume fully are those who provide essential services to the people and that would mean other sector will suffer.
Transportation sector now are also struggling due to social distancing and they can't get their usual number of passengers, hence it will result to smaller profit or even a loss in operation. I don't know when this pandemic will be over and since no vaccine yet, I'm hoping our country will find a way to as a protocol to lower the risk of virus spread while the economy will continue to recover.

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June 16, 2020, 10:21:51 AM
 #28

Of course COVID19 affected my country's economy, many companies fired their employees. Even celebrities are affected. their savings
are running out. Some rich people also sell their assets, because they have debts to banks. Poor people struggle get food, because they
can't make money. Many medical personnel have died, because they are on the front lines. What a big disaster, which has made many
people die. I hope the vaccine will be found soon, so this COVID19 pandemic can end.

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June 16, 2020, 10:54:22 AM
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 #29

In my country, the Govt was busy patting its own back for having put a lockdown in very early days. Our demagogue of a leader was having a gala time addressing the nation in this momentous time and he used every occasion to "cement" his place in history by giving all sort of advice to people in the name of getting together.

Step 1:He told us to light earthen lamps and bulbs. The govt sympathizers circulated that it is our great man's plan to kill Corona by raising the temperature. Apparently, it did not work.

Step 2: Then he said we all should come out of our balconies and make noises using cymbals and plates and drums. The propaganda machinery said that the corona virus cannot survive the sound of the holy conches used in our temples. So on that fateful morning, a lot of my fellow countrymen blew their conches with the full capacity of their lungs. A lot of fuckers thought that taking processions in the street and dancing would be fine too. I guess y'all know we Indians love a good mixture of sound and dance. So yeah, we celebrated. Later on we found that corona does not die by these holy sounds.

Step 3: We were all told to install an app. This was the grand plan. Apparently, the marker on this Govt app will always show you "safe", no matter where you are. Its a great psychological boost.

After all this, around 40 days had passed. The cases were still rising. Everyone was talking corona, corona, corona. District administration came b arguing with ambulances and vehicles if even one suspect was found. Videos were circulated. It was all a few days of great energy. Suddenly, all the poor industrial workers who had lost jobs had no more money and they did not want to survive on govt meals everyday. So, They did what the poor people of my country do best. Took their destiny in their own hands and started walking. And boy, did they walk. There are cases where people walked 100s of kilometers to reach their villages in the hinterlands. Lot of people lost lives. Media was not interested because it looks bad for our Pied Piper of a leader. This was called India's Migrant crisis and many compare it with the "Migrant Mother" scenario of US in the 30s after the Dust bowl incident and great depression. Many a heartbreaking stories remain to come out.

Economically, we have suffered a lot. People have lost jobs. Our governments have always been like this. Leaving people to die. Yet, we are a fucking hardy lot. and there is bloody 1.3 billion of us. Lot of scope for corona. By some miracle of one amongst our millions of gods, somehow the death numbers are still low. The predictions say that we will peak in August. (some say November). People have now started coming out in the streets. We no longer hug or get close. We all wear masks and try to keep our distance while praying that nobody brings corona around our locality. In the most weird of ways, we are surviving as another new front opens up. This time, Its the fucking Chinese with their cold, calculated move to lighten up the borders at a time when their is so much uncertainty. There have been no shots fired but just today, multiple casualties out of violent physical clashes. Yet, this is not 1962 and India is much better prepared. China is too strong economically and militarily but India has never been one to back off from war.

So yeah, that is that. Its all wide open.

Sorry, if this post talked little about economy. We have a public pandemic and a potential war at hands. Pakistan is sitting on the western border probably hoping for another of its hyena attacks now that the tiger is distracted by the dragon. Yet, I can say that this is all good news for the economy. We shall overcome.
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June 16, 2020, 11:38:26 AM
 #30

Of course COVID19 affected my country's economy, many companies fired their employees. Even celebrities are affected. their savings
are running out. Some rich people also sell their assets, because they have debts to banks. Poor people struggle get food, because they
can't make money. Many medical personnel have died, because they are on the front lines. What a big disaster, which has made many
people die. I hope the vaccine will be found soon, so this COVID19 pandemic can end.

no single country arent excluded on this but even the smallest one do still have a positive case  . we must not worry bout the celebrities life because they already saved alot before the covid happens but you must concern more of the poor families   . these are the ones that dont have savings and now thier jobs were affected , how can now they find money to buy food  ? we all experience a same effect but here on our place , people that have something are helping the poorest among poor   . its nice to see this kind humanity , hope this also exist on other places
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June 16, 2020, 02:09:06 PM
 #31

Our government's trying the best to help all of the affected areas in our country. Our economy has been down, businesses were closed for how many months, budget was distributed to help those who were in need. Frankly, I can see how president is exerting effort to help our country in this times of pandemic.
 
 We currently slowly returning to the usual, merchandises are opening up but with regulations for the control of the spread of this virus. Hope this will end soon so we can totally go back to normal and our economy will recover too
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June 16, 2020, 03:52:40 PM
 #32

I can only say that I am from a country that is mostly oriented towards tourism and which is therefore very hard hit by this pandemic. I do not mean only hotels and private renters of accommodation, but also all those who participate in tourism with the production of food, beverages and various other services. Although the situation in my country is very good (less than 10 infected), and tourists have started coming, it is estimated that about 30% of income will be realized compared to last year.

All this will result in the inevitable increase in prices in a few months when the debts start to come due and the state treasury is half empty. Although some may think that the worst is over, we are in a situation where we can expect a tsunami after a major earthquake, because everything will eventually break over the backs of ordinary people.

I just hope that Bitcoin will help me to endure this crisis until some better days, and I hope that this will be the case with all those who have been investing in Bitcoin in one way or another for years. People are extremely resilient and resourceful when it's hardest, I have no doubt it will be the same this time.

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Twentyonepaylots
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June 16, 2020, 05:52:01 PM
 #33

Corruption, widespread unemployment and lack of solid plans to jumpstart the economy. The government's debt rose to $175 billion dollars and not much of that money ever came into good use aside from the inconsistent and rather shady financial assistance. Online sellers of the smallest scale are also being considered to be taxed just to get some funds going on, but many people surely hate that idea. The government is also trying funky ways to get some.money, but the citizens are having none of it.
I came from the same country and there is no doubt that we are fucked up in here. The shadiness from financial is extreme, we have a debt over trillion peso, 200+ billion funds for the pandemic yet I still don't get the government cash assistance I signed up last March. They are reopening the economy, at least half of it, they opened the jobs for people but they did not let the public transportation do their job to fetch this workers, so what they are going to do? walk a 20 kilometer highway ? lol

Greetings from the Philippines. A country of fucked-up politicians and clowns.
But the president seems to be doubtful also of his own government, imagine he released the funds to LGU yet we receive less, soooooo frustrating  Angry
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June 17, 2020, 03:45:23 AM
 #34

Coronavirus is a dangerous virus that has already spread its harmful effects all over the world. Due to this, our country is in an economic crisis. There are many obstacles to fix the economic system of the country. In order to completely fix this economic crisis, the whole world must stand by the troubled country.
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June 17, 2020, 06:17:40 AM
 #35

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
Covid19 pandemic caused a huge damage to the economic status of every affected country. In our country everything is too much affected,the tourism,agriculture,fisheries,and all business establishment.Almost all people lost their job and now is unemployed that brings their family living worst. And because of quarantine and lockdown there is no transportation,it's very difficult for every one to live on this kind of situation. I pray and hope that there will be a cure for this covid virus sooner. Hoping that all medicine experts collaborate it's other to find or create a medicine so that the pandemic will end and our lives will go back to normal.

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June 17, 2020, 08:37:13 AM
 #36

Corruption, widespread unemployment and lack of solid plans to jumpstart the economy. The government's debt rose to $175 billion dollars and not much of that money ever came into good use aside from the inconsistent and rather shady financial assistance. Online sellers of the smallest scale are also being considered to be taxed just to get some funds going on, but many people surely hate that idea. The government is also trying funky ways to get some.money, but the citizens are having none of it.

Greetings from the Philippines. A country of fucked-up politicians and clowns.
Seems like there is no solid plans and the economy are going down that even small online seller has to be taxed for the government to have funds. This pandemic gave negative impact on the economic status, we are now all suffering from the late actions to avoid the spread of virus. Hope that real vaccine for the virus come up and stop mass killing.

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June 17, 2020, 09:30:37 AM
 #37

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
Our health sector is really bad. Right from time the government wasn’t giving much attention to the health sector, the little attention they are giving to it now is because of the Coronavirus. I think it’s high time they get serious with this and build the health sector to a better standard.

Another sector that is really down is agriculture, and I’m hoping that they look into it. Why I am not happy about this one is because there are lots of things that we could have just produced on our own, but our government would choose to import them lol. I think the government should look into agriculture and as well support farmers. It will go a long way to help the country.
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June 17, 2020, 09:44:41 AM
 #38

The authorities of my country told everyone to stay at home, but they did not support them financially. People either die of hunger or go to work, so everyone in the country works, find loopholes to justify going to work. This is sad because many continue to get sick.

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June 17, 2020, 02:22:44 PM
 #39

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
In my country all sectors are affected by this covid19 pandemic. Many people have no work because almost all companies either closed or lessen their employee. It's a very heartbreaking situation specially those belong to the poorest of the poor. There are lack of everything specially foods and other necessities. Government tried a lot to help the community but i think it will not last until the end of this virus because they can't sustain all the needs of the people everyday. That's why the government decide to open the market and other stablishment and limited transportation so that few people can go to work to supply their needs while pandemic continue spreading. It's really a difficult situation that we all need to survive no matter what will happen.

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June 17, 2020, 03:40:50 PM
 #40

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
my country was greatly affected by the corona outbreak...
the hotel and tourism business was the most affected in my country, even my husband was temporarily stopped by the hotel where he worked to a limit that has not been determined by the hotel. this plague really caused big difficulties.



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June 17, 2020, 04:33:43 PM
 #41

The authorities of my country told everyone to stay at home, but they did not support them financially. People either die of hunger or go to work, so everyone in the country works, find loopholes to justify going to work. This is sad because many continue to get sick.

this is certainly a dilemma that occurs in developing countries, on the one hand the need to make ends meet as a necessity of life must be met. if it does not work, of course there will be no wages that will be used to buy necessities of life. but if it continues to work there will be a risk of transmission of the pandemic. which is feared in developing countries if they do a "lockdown" but the government is not sufficient with assistance. a new pandemic will emerge, which is hunger, but if it develops into riots it is more dangerous.

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June 17, 2020, 06:15:08 PM
 #42

So far it isn't that bad, or at least we still don't feel the crisis in full ranfege, but it will get worse
My country will feel all the bad consequences in the fall because our economy depends great deal on tourism and the season is going to be very bad.
At the moment government is trying to compesate losses to most affected businesses but they don't have unlimited funds either and many are expecting help.
As individuals we can't do much except try to take care on ourselves, try not to lose job and save as much as we can. Including in cryptocurrencies.

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June 17, 2020, 08:48:13 PM
 #43

Unfortunately, the pandemic process has affected my country economically very negatively. While the unemployment rate is increasing day by day, it continues to be affected economically in many businesses. The decreasing business volume, the contributions our government has not made and the credit debt imposed on the private sector will cause major economic problems in the coming years. I also think that some companies will go bankrupt in the coming years or until the end of this year, as many businesses suffer a lot in this pandemic process. It was very bad for our state and businesses to be caught unprepared. I believe that if a second wave occurs, our state will be caught unprepared and cannot contribute to businesses. I hope that all businesses can continue on their way with the least damage during this process.
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June 17, 2020, 10:58:18 PM
 #44

So far it isn't that bad, or at least we still don't feel the crisis in full ranfege, but it will get worse
My country will feel all the bad consequences in the fall because our economy depends great deal on tourism and the season is going to be very bad.
At the moment government is trying to compesate losses to most affected businesses but they don't have unlimited funds either and many are expecting help.
As individuals we can't do much except try to take care on ourselves, try not to lose job and save as much as we can. Including in cryptocurrencies.
Right now, most of the countries are already facing general community quarantine and this new normal allows people now to go back to their jobs and earn an income because the government itself cannot sustain anymore the basic needs of their people. But even if this new normal is already out, people should still take precautionary measures not to be infected by the virus.

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June 17, 2020, 11:08:18 PM
 #45

So far it isn't that bad, or at least we still don't feel the crisis in full ranfege, but it will get worse
My country will feel all the bad consequences in the fall because our economy depends great deal on tourism and the season is going to be very bad.
At the moment government is trying to compesate losses to most affected businesses but they don't have unlimited funds either and many are expecting help.
As individuals we can't do much except try to take care on ourselves, try not to lose job and save as much as we can. Including in cryptocurrencies.
Right now, most of the countries are already facing general community quarantine and this new normal allows people now to go back to their jobs and earn an income because the government itself cannot sustain anymore the basic needs of their people. But even if this new normal is already out, people should still take precautionary measures not to be infected by the virus.
Our lock down is also going to be some soft but its not good as peoples are not going with new rules about this Virus and we are touching very bad figures which are going to hurt very badly in near future even right now hospitals are full and not able have more patience but its worst situation just poor management and political pressure working for this all which is not good we need to be more stick with this all but peoples are not feeling good and suffering with this all.
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June 18, 2020, 03:24:15 AM
 #46

Here in the Philippines, the economy gets worse everyday due to this pandemic. In the span of 3 months, Philippines acquired a debt of 8.6 trillion pesos. A lot of people lost their jobs. Some local government units failed to address the issue and was not able to fulfill the needs of its citizens. So yea, the economy just gets worse everyday. Bad governance is also a factor for this.

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June 18, 2020, 03:31:02 AM
 #47

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
my country was greatly affected by the corona outbreak...
the hotel and tourism business was the most affected in my country, even my husband was temporarily stopped by the hotel where he worked to a limit that has not been determined by the hotel. this plague really caused big difficulties.

This epidemic is putting us in a very bad situation Everything has been off here for about four months now People are going through a lot of crises Poor people are suffering the most. They are not able to procure food for their families due to a lack of work Along with the country's economy the people of our country are living in a very bad way.

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June 18, 2020, 04:52:30 AM
 #48

Sorry, if this post talked little about economy. We have a public pandemic and a potential war at hands. Pakistan is sitting on the western border probably hoping for another of its hyena attacks now that the tiger is distracted by the dragon. Yet, I can say that this is all good news for the economy. We shall overcome.
A little addition and update.

Our Govt did not rake up its debt with direct cash transfers. Instead it has provided an option for interest-free, collateral-free, one year loans to small businesses. It is mostly a game of self-management and self-reliance for our people. For the poorest of the poor, they have simply went back to villages with the hopes of subsisting on their land and the village economy. We are yet to see any major unrest or clear affect of these job losses. Alternatively, the Govt has assured that a national job-guarantee program for the poor will continue to provide minimum 100 day wages to poor households.

On the war front, the Chinese bogey has made people forget their political bickering and unite in the face of an imperialistic China. The govt is taking measures to stop giving business to chinese companies while the people are trying to stop their reliance on chinese goods. Let us see how that pans out.
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June 18, 2020, 08:32:57 AM
 #49

Here in the Philippines, the economy gets worse everyday due to this pandemic. In the span of 3 months, Philippines acquired a debt of 8.6 trillion pesos. A lot of people lost their jobs. Some local government units failed to address the issue and was not able to fulfill the needs of its citizens. So yea, the economy just gets worse everyday. Bad governance is also a factor for this.
As a citizen of PH, I also feel that way. Our country is now in so much debt just to provide help to those who need it.

But acting Director-General Karl Kendrick Chua of National Economic Development Authority (NEDA) assures us, his fellow Filipino citizens, that the pandemic we are facing is just a temporary setback. Though it caused our GDP growth rate to shrank - 0.2% (also because of the Taal eruption, and the lockdown on some areas), he believes that  "our situation is better than others and we are more prepared to recover more quickly."

I'd like to believe him even though it's not what I really see and feel. Guess I just want to see the positive side on things despite all the negative that is happening.

Let's just hope that this will be over soon.


https://business.inquirer.net/296899/neda-covid-19-crisis-a-temporary-setback-ph-economy-to-bounce-back/amp

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June 18, 2020, 08:50:19 AM
 #50

Sorry, if this post talked little about economy. We have a public pandemic and a potential war at hands. Pakistan is sitting on the western border probably hoping for another of its hyena attacks now that the tiger is distracted by the dragon. Yet, I can say that this is all good news for the economy. We shall overcome.

The enemy of your enemy is your friend. But Pakistan's position in the dispute between India and China will benefit Pakistan by dividing India's concentration and slowing infrastructure development carried out by the Indian government around the conflict area. Why is this road considered a game-changer, because with the road infrastructure India will be increasingly able to mobilize its troops into conflict areas.

The tension between China and India is feared by Pakistan to attract Americans to get involved in it. The closeness between America and India is a loss for Pakistan. America has indeed begun to forge strategic relations with India for a long time to counter the strength of China in the future.

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June 18, 2020, 11:04:54 AM
 #51

My currently rely mostly on crude oil. They sell crude oil to other developing countries. Since the beginning of this pandemic, there has been a fall in the price of crude oil in the world market and that has led to serious problem because the government here could not make money on crude oil like before. This has makes them to be imposing unnecessary tax on many commodities in order to complement the planned annual budget. The coronavirus has also affected importation into the countries making imported materials to be scarce and very expensive
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June 18, 2020, 11:23:18 AM
 #52

In news government officials talk how my country is in very good shape, how they did all they could to help us all, and they will manage to get out from all this with money for everyone. They will help companies and people, they will do a lot of things. I think they will do a lot but for one reason, to stay where they are, to continue ruling!
On other side I read some bad things from independent medias, how the situation is totally opposite from what government officials are saying. Whom to trust?! I have luck that my job didn't suffer, I worked during pandemic, and I always have crypto on a side! I try to question everything I read and see, it's hard to read between the lines and to find what is the truth and what is a lie, we are constantly bombarded with so a good deal of different news, perspectives, observations. I would say it's a mess, and can't tell who is drinking and who is paying.

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June 18, 2020, 12:10:56 PM
 #53

In my country, the Govt was busy patting its own back for having put a lockdown in very early days. Our demagogue of a leader was having a gala time addressing the nation in this momentous time and he used every occasion to "cement" his place in history by giving all sort of advice to people in the name of getting together.

Step 1:He told us to light earthen lamps and bulbs. The govt sympathizers circulated that it is our great man's plan to kill Corona by raising the temperature. Apparently, it did not work.

Step 2: Then he said we all should come out of our balconies and make noises using cymbals and plates and drums. The propaganda machinery said that the corona virus cannot survive the sound of the holy conches used in our temples. So on that fateful morning, a lot of my fellow countrymen blew their conches with the full capacity of their lungs. A lot of fuckers thought that taking processions in the street and dancing would be fine too. I guess y'all know we Indians love a good mixture of sound and dance. So yeah, we celebrated. Later on we found that corona does not die by these holy sounds.

Step 3: We were all told to install an app. This was the grand plan. Apparently, the marker on this Govt app will always show you "safe", no matter where you are. Its a great psychological boost.

Please tell me that this is some sarcastic post and that you're just mocking what the government has taken as measures and they haven't actually done this!
The moment I read the first part with the heating I didn't know if it's a joke and a pretty good one or I should really start crying about what's happening there.
So again, please tell me it's not real!!!

I can only say that I am from a country that is mostly oriented towards tourism and which is therefore very hard hit by this pandemic. I do not mean only hotels and private renters of accommodation, but also all those who participate in tourism with the production of food, beverages and various other services. Although the situation in my country is very good (less than 10 infected), and tourists have started coming, it is estimated that about 30% of income will be realized compared to last year.

I think we're in the same boat but things might not be that bad for our countries.
I might be wrong about yours (slim chances) but it also mostly rely on weekend tourists for city breaks and trips to the seaside with 90% of the visitors coming from within the EU, so you will not suffer that much as the countries that rely on total foreigners, like Thailand or Peru and might even grab some of those who are too scared to fly outside the continent.

I'm getting more and more optimistic by the day as around here things have really started to move again, although I'm not all that happy with it.
Again spending time in traffic, construction works on one side of the city are again rising dust till the city center on windy days, parks are full, and gone are the days when I could simply sleep with the windows open and not a car sound would disturb me, Plus, and this it's not something I enjoy saying, a lot of garbage on the streets after the weekends, really piling up in the city center and in parks.

It will all come down to what Germany will be doing.
We are so interconnected with them that we're going to share the fate as the 17th Bundesland.


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June 18, 2020, 03:03:23 PM
 #54

The effect of covid-19 on Nigeria economy is so bad that millions of her citizens has lost hope in the present government, due to the level of insecurities, unemployment rate, hunger and corruption.
Some part of the country ''East region'' are agitating for their freedom, to have their own country called Biafra. Nigeria is a failed state, only God in heaven can save us from the debt that the present government has accumulated in the fight of covid-19 pandemic.
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June 18, 2020, 03:20:23 PM
 #55

Economy is the most important element for any country. We are facing big problem last 2 months and few days. But, in our country lockdown is stopped without education sector. Last almost there months,  people  are facing a big problem and few mans are dead for his poverty because of there is no work, no money, no food. But, now it is good for our country.

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June 18, 2020, 04:38:55 PM
 #56

It is unlikely that now there will be at least one country that would not have suffered large human and material losses from the spread of coronavirus. Therefore, according to the forecasts of international financial organizations, including the International Monetary Fund, in the near future we are expecting a very tough global economic crisis. Not only the economies of states, but also ordinary people suffered from the coronavirus, since they were deprived of the opportunity to work and earn money. Many were fired from their jobs. Since economic and transport chains have been disrupted, food prices can now skyrocket. Where this leads is even difficult to predict.

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June 18, 2020, 06:09:45 PM
 #57

The authorities of my country told everyone to stay at home, but they did not support them financially. People either die of hunger or go to work, so everyone in the country works, find loopholes to justify going to work. This is sad because many continue to get sick.

this is certainly a dilemma that occurs in developing countries, on the one hand the need to make ends meet as a necessity of life must be met. if it does not work, of course there will be no wages that will be used to buy necessities of life. but if it continues to work there will be a risk of transmission of the pandemic. which is feared in developing countries if they do a "lockdown" but the government is not sufficient with assistance.
It is not just in developing, it is happening in the whole world. Every nation has its economy, thus this must be preserve but what happening now is as disastrously bad as a recession as more than 70% of the economy is currently close. As the pandemic cases rises, they suddenly close the economy not knowing that the virus had already spread throughout the globe now that there are clinical trials, some medicines seems to be working to fight the virus. No one is really prepared for the pandemic this 2020.

a new pandemic will emerge, which is hunger, but if it develops into riots it is more dangerous.
Hunger has been there since the beginning. The pandemic term only applies for a disease breakout.
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June 18, 2020, 07:06:42 PM
 #58

There are many countries in the world with governments who are trying to reject the notion that they are doing a bad job. Everyone you asked in the governments (doesn't matter which country) will tell you that they did a great job, better than any other nation. That is how you become a politician, the moment you start to question yourself and your ideas that means you are done, you have to be insisting on what you are doing is right and should convince yourself before anyone else, even if it is wrong you should believe in it no matter what.

I have been involved with politics in my life and I can tell you that no politician I have met has ever been wrong in their entire life, they have always been right no matter how silly their ideas sounds because that is how you gain votes from idiots and idiots out populate smart people by a big margin.
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June 18, 2020, 07:20:00 PM
 #59

There are many countries in the world with governments who are trying to reject the notion that they are doing a bad job. Everyone you asked in the governments (doesn't matter which country) will tell you that they did a great job, better than any other nation. That is how you become a politician, the moment you start to question yourself and your ideas that means you are done, you have to be insisting on what you are doing is right and should convince yourself before anyone else, even if it is wrong you should believe in it no matter what.

I have been involved with politics in my life and I can tell you that no politician I have met has ever been wrong in their entire life, they have always been right no matter how silly their ideas sounds because that is how you gain votes from idiots and idiots out populate smart people by a big margin.
I completely agree with you. Most of the countries think they are doing a really good job, but little do they know how bad they are at it.
Like look at the US. The government itself isn't taking the issue seriously, let alone the people. I don't know if most of the people over here are dumb or just don't care at all. Hundreds of people are dying every day and thousands getting infected and the government is busy blaming China and acting all childish.

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June 18, 2020, 10:48:42 PM
 #60

...
my country was greatly affected by the corona outbreak...
the hotel and tourism business was the most affected in my country, even my husband was temporarily stopped by the hotel where he worked to a limit that has not been determined by the hotel. this plague really caused big difficulties.

This epidemic is putting us in a very bad situation Everything has been off here for about four months now People are going through a lot of crises Poor people are suffering the most. They are not able to procure food for their families due to a lack of work Along with the country's economy the people of our country are living in a very bad way.
that's the condition that is happening now...
this is the reason why every state must provide food assistance to every poor citizen on the country, world economic experts have said that this covid19 has made poor people increasingly into the abyss of poverty, lucky for us who can still make money even if fired from a real job because of this plague.



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June 19, 2020, 06:16:37 AM
Last edit: June 19, 2020, 06:26:43 AM by DeadCoin
 #61

practically, the group of tourism has perfectly one of the most important crowd for the real establishment in our country and despite they had already giving us our hope mostly in trading platform such as bars and restaurant including Beach resorts and etc.So far the good news is the flight has already open particularly in which free from covid-19 cases, therefore even if people feel and having a visual skeptic I saw that they keep slowly moving for the good work instead of stay at home.
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June 19, 2020, 07:01:13 AM
 #62

In my country almost every sector were down. The number 1 that mostly affected is tourism due to limited transporation purposes. Same goes to other non essential sector. Even casino and gaming clubs were all down due to this crisis. Aside from important field such as food and medicine, we can only wish that this plague virus be gone right away. US are now facing a huge down fall, Im afraid if this continue China will rise on top on every potential business and wille at up the econmic growth.

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June 19, 2020, 07:58:55 AM
 #63

It will be interesting to see the effects of this crisis on the economies of different countries. For instance, countries with commercial balances differences could not export/import, so countries with negative commercial balances will probably benefit in some way (for instance France has broken records in terms of domestic savings) while countries with big exporting industries (such as Germany or China) will probably not have any benefit from this. Since tourism is counted as an export of services, southern European countries will also probably take a big hit this summer...



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June 19, 2020, 08:02:21 AM
 #64

Covid-19 is quite terrible, all sectors affected. And for my country most affected the economic sector. All residents experience financial
difficulties, both rich and poor. Because the population in my country is not allowed to do outside activities, including work. Quarantine
in my country has lasted 3 months, and not all residents get government help. So in my country many are starving and finally the crime
rate has increased, a lot of theft happening in my country. So I hope this pandemic can end soon.

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June 19, 2020, 08:36:07 AM
 #65

Covid-19 is quite terrible, all sectors affected. And for my country most affected the economic sector. All residents experience financial
difficulties, both rich and poor. Because the population in my country is not allowed to do outside activities, including work. Quarantine
in my country has lasted 3 months, and not all residents get government help. So in my country many are starving and finally the crime
rate has increased, a lot of theft happening in my country. So I hope this pandemic can end soon.

No one knows when this pandemic virus will end,  everything will depend once vaccines are available. We can't deny the fact
that every nation experienced this kind of situations.
Every people who are starving to death will do everything to survive, expect more crimes to happen if the government won't
be able to supply the needs of his community.
It can't be avoided since human nature always have the kind of mentality to do anything just to make sure that they have
something to bring for his families.

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June 19, 2020, 08:39:15 AM
 #66

In my country, the Govt was busy patting its own back for having put a lockdown in very early days. Our demagogue of a leader was having a gala time addressing the nation in this momentous time and he used every occasion to "cement" his place in history by giving all sort of advice to people in the name of getting together.

Step 1:He told us to light earthen lamps and bulbs. The govt sympathizers circulated that it is our great man's plan to kill Corona by raising the temperature. Apparently, it did not work.

Step 2: Then he said we all should come out of our balconies and make noises using cymbals and plates and drums. The propaganda machinery said that the corona virus cannot survive the sound of the holy conches used in our temples. So on that fateful morning, a lot of my fellow countrymen blew their conches with the full capacity of their lungs. A lot of fuckers thought that taking processions in the street and dancing would be fine too. I guess y'all know we Indians love a good mixture of sound and dance. So yeah, we celebrated. Later on we found that corona does not die by these holy sounds.

Step 3: We were all told to install an app. This was the grand plan. Apparently, the marker on this Govt app will always show you "safe", no matter where you are. Its a great psychological boost.

Please tell me that this is some sarcastic post and that you're just mocking what the government has taken as measures and they haven't actually done this!
The moment I read the first part with the heating I didn't know if it's a joke and a pretty good one or I should really start crying about what's happening there.
So again, please tell me it's not real!!!
There is a fair bit of sarcasm in there @stompix. I am talking about India. Our PM comes on television and he is known for making emotive appeals. For a hardcore section of followers, he can do no wrong. Lighting earthen lamps is considered an auspicious thing in our society. So the PM did this "let us all come together" and light lamps thing. So people started forwarding whatsapp messages about metaphysical stuff explaining benefits of earthen lamps or the holy vibrations produced by conch shells. This was of course not an official stance. Just a kind of message from the leadership. The fan club gives it these twists to increase the popularity and demonstrate to people that how our PM is connected to his roots or how brilliant he is. While, we all appreciate the stress on conservative values and cultural revival, a lot of it is demagoguery pandering to the hardcore base.

Sorry, if this post talked little about economy. We have a public pandemic and a potential war at hands. Pakistan is sitting on the western border probably hoping for another of its hyena attacks now that the tiger is distracted by the dragon. Yet, I can say that this is all good news for the economy. We shall overcome.
The enemy of your enemy is your friend. But Pakistan's position in the dispute between India and China will benefit Pakistan by dividing India's concentration and slowing infrastructure development carried out by the Indian government around the conflict area. Why is this road considered a game-changer, because with the road infrastructure India will be increasingly able to mobilize its troops into conflict areas.

The tension between China and India is feared by Pakistan to attract Americans to get involved in it. The closeness between America and India is a loss for Pakistan. America has indeed begun to forge strategic relations with India for a long time to counter the strength of China in the future.
The relation between Pakistan and China is an exploitative an opportunist one. Pakistan ceded them territory in Kashmir (Aksai Chin) and in return China has always helped arm Pakistan. China's main motive is to keep India busy by just nudging Pakistan while keeping their own 3000+ KM of border conflict free. In recent times, India has been making headway with world powers. The G-7 temporary meeting, India extending relationships with ASEAN nations are all irritants to China.
So they have taken these coercive measures. China is a shrewd one. They will say one thing and do something else. All of this is basically being done to take the sail out of India's wind of resurgence amid backlash against China. They don't want it to be an easy decision for corporations. Corporations look for stable countries with a stable governance. To me, this is a major reason that China has been trying hard to put everyone on their toes, including SEA nations and India.

By the way, I wish India and Indonesia had closer interaction like when we had at the time of non-alignment. We do share ancient roots. I have been to Bali once. Its just that the cultural ties get over-colored by the religious differences. Since the coming of the present govt, the Indian RW has been very vocal about the religious issues. Yet, as a majority, India is still a secular country which always deals with other nations on good faith. This is also one of the reasons that the Chinese catch us off-guard time and again.

It is not clear which way the Galwan valley stand-off will go. Its a high-altitude battlefield and the Chinese are planning something big with their constant build-up. It remains to be seen if Indian leadership will take the risk to attack first to free the "no-man's land". Lot of backdoor frantic activity going on. China has been a bully in the region for too long, especially in the South China Sea. It falls on India to stand up to them. Indian armed forces have a history of doing that since Independence.
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June 19, 2020, 11:14:03 AM
 #67

The local business in the country, which has the effect of Covid-19, will be down. People from low society get the biggest effect because they can not open their business while they need to fulfill their daily needs. Many of them need to be helped, and fortunately, there are many donations from other people who want to help them by distributing their daily needs. But that can not cover what they need because that donation is for temporary. And now, with the new normal has already lifted, they start to do something to have money. Some of them are trying to reopen their business to get money. People now still trying to survive in this new normal.

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June 19, 2020, 11:47:07 AM
Last edit: June 19, 2020, 12:06:53 PM by Gozie51
 #68

So far it isn't that bad, or at least we still don't feel the crisis in full ranfege, but it will get worse
My country will feel all the bad consequences in the fall because our economy depends great deal on tourism and the season is going to be very bad.


True and tourism is not only area people are complaining in their economy. Economies that are run only on crude production are hit seriously too because no much vehicle are on the road, airplane and transportation in general. .Countries relying on produce from others too are suffering as well, no production, no feeding.

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June 19, 2020, 11:59:40 AM
 #69

COVID-19 is now Planet wide, but it is hitting at different speeds and intensity depending where you live.
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June 19, 2020, 01:32:59 PM
 #70

Some of the government officials right now in my country are very incompetent, meaning they aren't capable of the position they are assigned right now. The only thing that the people requested for the government is to have an early travel ban but look at what happened, we already have 28,459 confirmed cases as of this moment. People who have professions are suggesting what's the best for our country, but those requests are being rejected and they're still focusing on what's not essential during the health crisis. I'm not a political analyst but even a person who's studied well and has a good profession will definitely look at what's wrong on the movement of the government officials.

Idk why they're prioritizing the Anti-terror bill at this moment, it's very inappropriate and for me, the Bayanihan act is already a powerful law that can be used during the health crisis. Corruption is still ongoing, officials are going rich while the poor have no foods left due to quarantine. The implementation of quarantine is useless, they lift enhanced community quarantine to good community quarantine even the percentage rate of cases per day isn't slowing. So definitely our country will become poor and the president is still borrowing billions of money to the world bank and they aren't being transparent or breakdown on where did they spent it.

Small business is affected, some can't pay rent without and some people lose their jobs. The government can't sustain the needs of the people, they're paying tax for the development of the country but it is not what happening right no, higher-ups are prioritizing their own desires than the country. That's why it's important to have government officials that have professions and know what will do during a crisis 'cause they have a lot of experience. That's why I called our government as incompetent, many useless acts that brought the country into a downfall.
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June 19, 2020, 08:00:14 PM
 #71

It is not even just China versus India, it is basically China versus everyone in the world. You know why? Because they are a country ruled by a few people and they are a harsh dictatorship that can't even be questioned, similar to Russia in many ways but not as cunning as them, just doing it directly with no hiding at all and no "two bullts to head suicide" type of thing, they outright murder you and warn others of what could happen to them if they do the same.

They have so many people living in poverty and dying of starvation that people question why Chinese people eat bats and dogs, well because they have no food to eat so culturally they became a country that eats ANYTHING they can to not die, remember this is the same nation that had 20 million people dead because of a famine created just to show how powerful they are. So, it is not just India, China is against everyone in the world who questions CCP.

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June 20, 2020, 04:07:35 AM
 #72

It is not even just China versus India, it is basically China versus everyone in the world. You know why? Because they are a country ruled by a few people and they are a harsh dictatorship that can't even be questioned, similar to Russia in many ways but not as cunning as them, just doing it directly with no hiding at all and no "two bullts to head suicide" type of thing, they outright murder you and warn others of what could happen to them if they do the same.

They have so many people living in poverty and dying of starvation that people question why Chinese people eat bats and dogs, well because they have no food to eat so culturally they became a country that eats ANYTHING they can to not die, remember this is the same nation that had 20 million people dead because of a famine created just to show how powerful they are. So, it is not just India, China is against everyone in the world who questions CCP.
I assume you are responding to me. Chinese have a very strictly controlled society where the cost of non-compliance or criticism of the CCP can easily be disappearance or punishment of some sort. I can't imagine how it must be to live in a society like that where people don't have the choice or intellectual freedom to comment on governance or have a say in their policies.
The thing with the Chinese though is that they have mastered survival through collectivism and propaganda. There is a generational memory amongst the people about the hardships they have suffered in past decades. Thanks to the strategic embracing of open-market and thanks to becoming the world's factory through its offer of cheap human labor, China has now reached a level where its people have sort of been "bribed" into believing that they are living in a state-controlled utopia and there is no better way to do it. As long as the majority believes this, the minority of smart, original thinkers who abhor "control" by their very nature, will always end up in exile or in custody.
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June 20, 2020, 04:30:23 AM
 #73

It is not even just China versus India, it is basically China versus everyone in the world. You know why? Because they are a country ruled by a few people and they are a harsh dictatorship that can't even be questioned, similar to Russia in many ways but not as cunning as them, just doing it directly with no hiding at all and no "two bullts to head suicide" type of thing, they outright murder you and warn others of what could happen to them if they do the same.

They have so many people living in poverty and dying of starvation that people question why Chinese people eat bats and dogs, well because they have no food to eat so culturally they became a country that eats ANYTHING they can to not die, remember this is the same nation that had 20 million people dead because of a famine created just to show how powerful they are. So, it is not just India, China is against everyone in the world who questions CCP.
I assume you are responding to me. Chinese have a very strictly controlled society where the cost of non-compliance or criticism of the CCP can easily be disappearance or punishment of some sort. I can't imagine how it must be to live in a society like that where people don't have the choice or intellectual freedom to comment on governance or have a say in their policies.
The thing with the Chinese though is that they have mastered survival through collectivism and propaganda. There is a generational memory amongst the people about the hardships they have suffered in past decades. Thanks to the strategic embracing of open-market and thanks to becoming the world's factory through its offer of cheap human labor, China has now reached a level where its people have sort of been "bribed" into believing that they are living in a state-controlled utopia and there is no better way to do it. As long as the majority believes this, the minority of smart, original thinkers who abhor "control" by their very nature, will always end up in exile or in custody.
Yeah, but this is a sort of compromise. People are only willing to cede freedom because they want more money/economic opportunities. As long as China has a big gdp growth, people will accept not having as much rights, but the growth will stop you can bet the government will compromise and cede some of its powers.



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amishmanish
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June 20, 2020, 05:19:24 AM
 #74

Yeah, but this is a sort of compromise. People are only willing to cede freedom because they want more money/economic opportunities. As long as China has a big gdp growth, people will accept not having as much rights, but the growth will stop you can bet the government will compromise and cede some of its powers.
That is a novel idea. One that may very well is being used to fool the people there while the state takes over more and more of their liberties with constant surveillance, Face identification, point system for accessing public facilities. This is not a compromise. People there were not given an option to trade their basic human nature in return for GDP growth. Nor will the entrenched elite in the CCP give up their positions and bring democracy suddenly saying that "Ok, we have developed enough".

If the coercive measures, propaganda military videos, and extreme nationalism is any indication, the CCP is only making itself more along the lines of former USSR with their dreams of world domination. There has already been sufficient evidence to show the Chinese state has been spreading its soft propaganda while trying to exploit the faultlines in other societies (Often in the name of humanity and equality). Then there is the aspect of IP theft and espionage that they have indulged in.

Be assured that the CCP has no intention to give people any form of relaxation in terms of freedom to have an alternate thought process. All they want is for the rest of the world to accept their bullying and hegemony so they can spread their zombifying ideas and paint more of the world red. Fortunately, the world is waking up to the slow red poison.
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June 20, 2020, 08:06:22 AM
 #75

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
I think this is really the biggest crisis caused by an epidemic in the last 10 years. Half of 2020 has passed, but the disease situation is still at high risk of outbreaks. And as you say, it has caused a lot of economic damage. In my country, tourism and the aviation industry are probably the most affected. Hopefully the world will overcome this disease soon
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June 20, 2020, 09:11:09 AM
 #76

It is not even just China versus India, it is basically China versus everyone in the world. You know why? Because they are a country ruled by a few people and they are a harsh dictatorship that can't even be questioned, similar to Russia in many ways but not as cunning as them, just doing it directly with no hiding at all and no "two bullts to head suicide" type of thing, they outright murder you and warn others of what could happen to them if they do the same.

At least China is not like How North Korea runs their government,and of course each country must be ruled by One person and that is either the president or Prime minister or Kings,how do you want a government run by multiple people?
Quote
They have so many people living in poverty and dying of starvation that people question why Chinese people eat bats and dogs, well because they have no food to eat so culturally they became a country that eats ANYTHING they can to not die, remember this is the same nation that had 20 million people dead because of a famine created just to show how powerful they are. So, it is not just India, China is against everyone in the world who questions CCP.
Lol eating Bats and Dogs are being Inherited from their elders because way back when starvation really happening people eats such food and this is not only in china,almost all over the world people still eating those animals or insect and they call that "Exotic Foods".
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June 20, 2020, 07:22:58 PM
Merited by amishmanish (1)
 #77

Bangladesh is one of the poorest and most densely populated countries in the world. But it recent years population growth, health and education have improved. Bangladesh is the eighth most populous country in the world in terms of population. When the whole world was preoccupied with Corona, how they would get rid of this epidemic, who greatly underestimate Corona in Bangladesh. We should alerted when 1 or 2 people were diagnosed with Corona in early march, But we weren't alerted at that time. We have to pay this compensation for not being careful.

Total Tested         : 599579
Total Infected      : 108775
Total Recovered   : 43993
Total Death         : 1425

 This is the situation to this day.

As a Result, The economy situation in Bangladesh has stabilized. Many people are being laid off from private companies. Many new business are growing. Demand is declining. Price of everything are rising. The standard of living become difficult. Vat has increased everything even the cost off travel has double but our salary percentage has decreased.

I don't know where it ends and what is in our destiny. I will just say one thing, We all pray everyone so that we can get out of this difficult moment.

I have one thing to say in this situation. We are all careful,  We all wear mask, We keep our distance from each other and we stay at home as much as possible. Stay well and stay healthy and try to keep others well.

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June 20, 2020, 09:34:35 PM
Merited by amishmanish (1)
 #78

Guys, I have read some of your comments that reflect the reality that you live in their countries of origin. It is hard what we are experiencing worldwide, I feel solidarity with all of you.

I live in Venezuela. If before the coronavirus we were already suffering from hyperinflation due to many factors: corruption, failure to attend to the country's productive sectors, and finally, a sanction imposed by the United States on oil revenues. In my country there are low levels of investment in all sectors, which causes massive unemployment. The basic salary of the Venezuelan and the payment to pensioners and retirees reach $ 4 a month.
Compared to other countries in Venezuela, education and health is free.

Before the virus spread around the world, we were already suffering from so many needs. Now the situation is more precarious, fortunately and thank God the number of infected until today reaches:
Confirmed: 3591
People recovered: 835
Dead: 30

We also use the protocols of rigor such as using masks, antibacterial gel, social distancing.
The government is allowing some economic activities to work 7 days at their medium capacity, and 7 days later not to work to decrease the number of new people infected.

Stay healthy and follow Covid19 prevention protocols. Let's pray to God that we have a cure soon.

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June 21, 2020, 03:31:42 AM
 #79

the effects of the coronavirus are putting the country's economy in a very bad situation No medicine or vaccine has yet been invented to cure it Although many countries have returned to normal it is re-emerging. You are right that we must act with caution and the only hope is God Only He can save us from a severe epidemic like this virus Everything has been opened up in many parts of the world to improve the economy Their business trade is about to resume but everything with caution.

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June 21, 2020, 07:48:02 AM
 #80

Bangladesh is one of the poorest and most densely populated countries in the world. But it recent years population growth, health and education have improved. Bangladesh is the eighth most populous country in the world in terms of population. When the whole world was preoccupied with Corona, how they would get rid of this epidemic, who greatly underestimate Corona in Bangladesh.
--snip--

I don't know where it ends and what is in our destiny. I will just say one thing, We all pray everyone so that we can get out of this difficult moment.

I have one thing to say in this situation. We are all careful,  We all wear mask, We keep our distance from each other and we stay at home as much as possible. Stay well and stay healthy and try to keep others well.
Bangladesh has been such a mixed bag. From the horrifying news about bloggers being hacked to the great strides being made in trading and garments industry, it is hard to judge how exactly you guys are doing. Pardon me, but then there is also this big-ass MMS factory that used to churn out amateur porn videos non-stop. One thing that can be certain is Bangladesh has all it takes to become an awesome country. Only if you can keep in check the worst of our social tendencies like religious fundamentalism. India has been facing the same problems off late.

Let us all keep the world and its people in our prayers at present. Keep taking safety precautions and social distancing seriously.

Guys, I have read some of your comments that reflect the reality that you live in their countries of origin. It is hard what we are experiencing worldwide, I feel solidarity with all of you.

I live in Venezuela. If before the coronavirus we were already suffering from hyperinflation due to many factors: corruption, failure to attend to the country's productive sectors, and finally, a sanction imposed by the United States on oil revenues. In my country there are low levels of investment in all sectors, which causes massive unemployment. The basic salary of the Venezuelan and the payment to pensioners and retirees reach $ 4 a month.
Compared to other countries in Venezuela, education and health is free.
--snip--
We also use the protocols of rigor such as using masks, antibacterial gel, social distancing.
The government is allowing some economic activities to work 7 days at their medium capacity, and 7 days later not to work to decrease the number of new people infected.

Stay healthy and follow Covid19 prevention protocols. Let's pray to God that we have a cure soon.
I love your statement about the "feeling of solidarity". Indeed, we are all facing the same enemy and it is affecting us all in one way or another. I have read a lot about the problems in Venezuela. It is just sad that countries with so much potential fall prey to a combination of shitty internal politics and external interference (The USA??). I wish and pray that you guys can set your country on the correct path and get out of this abject poverty and breakdown. I hope we have more people from Venezuela on the forum and bitcoin and the forum is helping you in one way or another.
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June 21, 2020, 08:00:02 AM
 #81

Yeah, but this is a sort of compromise. People are only willing to cede freedom because they want more money/economic opportunities. As long as China has a big gdp growth, people will accept not having as much rights, but the growth will stop you can bet the government will compromise and cede some of its powers.
That is a novel idea. One that may very well is being used to fool the people there while the state takes over more and more of their liberties with constant surveillance, Face identification, point system for accessing public facilities. This is not a compromise. People there were not given an option to trade their basic human nature in return for GDP growth. Nor will the entrenched elite in the CCP give up their positions and bring democracy suddenly saying that "Ok, we have developed enough".

If the coercive measures, propaganda military videos, and extreme nationalism is any indication, the CCP is only making itself more along the lines of former USSR with their dreams of world domination. There has already been sufficient evidence to show the Chinese state has been spreading its soft propaganda while trying to exploit the faultlines in other societies (Often in the name of humanity and equality). Then there is the aspect of IP theft and espionage that they have indulged in.

Be assured that the CCP has no intention to give people any form of relaxation in terms of freedom to have an alternate thought process. All they want is for the rest of the world to accept their bullying and hegemony so they can spread their zombifying ideas and paint more of the world red. Fortunately, the world is waking up to the slow red poison.
I didn't meant that people were given an option, you are right about this. But people are more willing to tolerate it if they lived in poverty and now have a good standard of living. I mean, if you were born in a Chinese village with no running water, chances are that the same village now has all infrastructure that a modern city should have. This is impressive and really make people unwilling to risk this economic progress for freedom (because if it fails they could go back to poverty)



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Rainbot
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June 21, 2020, 08:28:46 AM
 #82

the effects of the coronavirus are putting the country's economy in a very bad situation No medicine or vaccine has yet been invented to cure it Although many countries have returned to normal it is re-emerging. You are right that we must act with caution and the only hope is God Only He can save us from a severe epidemic like this virus Everything has been opened up in many parts of the world to improve the economy Their business trade is about to resume but everything with caution.

The economy struggles because of this virus, we've seen that as all countries are affected on this virus, even the biggest countries in the world are struggling right now, but despite of the fact that no vaccine available for this disease yet, the economy has to continue but if we measure it in terms of progressiveness, our economy now is not as aggressive as before. This will pass, what is important is that we will survive and people will be more responsible so virus will not spread. If every one of us will follow the protocol so the economy will run though not as usual.

It's a big challenge for all of us now, especially for countries who are badly affected, they are just resuming business operation for the economy to survive and not to improve it as that is the only thing they can do.

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June 21, 2020, 08:57:58 AM
 #83

the effects of the coronavirus are putting the country's economy in a very bad situation No medicine or vaccine has yet been invented to cure it Although many countries have returned to normal it is re-emerging. You are right that we must act with caution and the only hope is God Only He can save us from a severe epidemic like this virus Everything has been opened up in many parts of the world to improve the economy Their business trade is about to resume but everything with caution.

The economy struggles because of this virus, we've seen that as all countries are affected on this virus, even the biggest countries in the world are struggling right now, but despite of the fact that no vaccine available for this disease yet, the economy has to continue but if we measure it in terms of progressiveness, our economy now is not as aggressive as before. This will pass, what is important is that we will survive and people will be more responsible so virus will not spread. If every one of us will follow the protocol so the economy will run though not as usual.

It's a big challenge for all of us now, especially for countries who are badly affected, they are just resuming business operation for the economy to survive and not to improve it as that is the only thing they can do.
  Yes that a really happen in our world , we are suffering in the pandemic and we still finding the good result . Economy here still not good and there are many businesses are now open because we need to recover just follow the health protocol to assure that the virus will not spreading fast again. Stay strong to us and be eat healthy food always.

The good result will happen if the vaccine is release, that's the only thing or our savior now.

Though the businesses has resume but there's always a limitation, so if a country does not have a good economy prior to the pandemic, I don't know how they will handle the current situation now. Big countries will enough savings to face the pandemic, they can put some limitation and only allow certain industry to resume operation and that would mean people will be less expose to the virus, but for poor countries, I don't think they can make that kind of limitation, they will be fully resume as much as possible, otherwise they'll face a bigger problem worst than the pandemic, which is hunger, and they have no choice but to take the risk.

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June 21, 2020, 01:26:08 PM
 #84

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

The moment I heard about the pandemic, I didn't expect that it will hit our country this hard. I'm sure that most countries are also struggling these days. We're now in the midst of a deep dept because of this pandemic. Most of us here are required to go back to work despite the pandemic just to help our economy survive. They say that it will still take months before they create a vaccine for this virus but I hope that our country would still survive until the good days come.
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June 21, 2020, 09:56:28 PM
Merited by amishmanish (1)
 #85

I wish and pray that you guys can set your country on the correct path and get out of this abject poverty and breakdown. I hope we have more people from Venezuela on the forum and bitcoin and the forum is helping you in one way or another.
Thank you! In fact I am waiting for my nephew who came from Brazil because he was working there and now he is in quarantine. He is negative to Covid-19 and is about to return home and I am going to teach him about bitcoin and participate in the forum. We were very concerned because he was living in Manahus in one of the cities hardest hit by Covid-19. Thanks for giving me a merit, blessings!

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June 22, 2020, 12:10:03 PM
 #86

Covid 19 make around the world faced economic crisis and not have chance how to build up their economic without stop this crisis, now day have country working for stopping of corona virus and some country exactly got bigger trouble after looks easy with corona virus, right now we have working together how to stop corona virus and bring new world era.
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June 22, 2020, 01:49:10 PM
 #87

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
my country is also experiencing a crisis, especially in the business sector even at the airport and bus station is very quiet,
but some sectors also look crowded, like a bicycle seller

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June 22, 2020, 05:03:32 PM
 #88

In most of the other countries, the infection rate is going down. But here in India, the number of new cases are going up with every passing day. The lockdown was lifted almost a month ago, but people are still afraid to go out. Half the population is without a job, and I am not sure for how long the savings are going to last for them. Fortunately for me, I am still having a full-time job.
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June 22, 2020, 05:22:49 PM
 #89

at this time the economic conditions in my country have started to return but still, in an unclear direction.  my country's government seems to have run out of minds to educate citizens about the dangers of COVID-19 even many also do not believe this disease exists and say COVID-19 is a Hoax..

In most of the other countries, the infection rate is going down. But here in India, the number of new cases are going up with every passing day. The lockdown was lifted almost a month ago, but people are still afraid to go out. Half the population is without a job, and I am not sure for how long the savings are going to last for them. Fortunately for me, I am still having a full-time job.
positive sufferers of COVID-19 in India have not yet reached the peak, sufferers will certainly continue to grow.  I admit that the Indian government was very harsh on its citizens during the Lockdown but it seems that the spread of the epidemic cannot be stopped there because the activities of the residents there are very high especially in very crowded areas..

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June 22, 2020, 06:36:14 PM
 #90

In most of the other countries, the infection rate is going down. But here in India, the number of new cases are going up with every passing day. The lockdown was lifted almost a month ago, but people are still afraid to go out. Half the population is without a job, and I am not sure for how long the savings are going to last for them. Fortunately for me, I am still having a full-time job.
Personally I am amazed that there was nothing alarming in India from the very first moments cause this country is neighbor of China at first. Then, even through I have never been in India, personally what I have seen from videos on youtube and etc, people live very tightly. There are a lot of people in the streets, there is a deficit of water and etc, population is huge but poor, so, I am amazed that virus wasn't spread rapidly because people have very close contacts with each other. On another hand, lockdown isn't a deal in India, it's 1000x worse for this country and when you are in dilemma between stop Covid or Hunger, I think second one would be better choice for people.

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June 22, 2020, 08:32:01 PM
 #91

I am not going to lie I was one of those people who said this wasn't that big of a deal and it wouldn't really matter in few months as well. Boy was I wrong! However to defend myself we had other viruses before, the Sars the Ebola the Swine flue and stuff like that and honestly none of them hit my nation, we didn't had any of them, and even when they eventually reached here it wasn't that much, we had only 3 people die of Ebola in the entire nation for example.

So, I thought it would be something like that and nothing more. Of course now I know that it wasn't like that and thousands of people died and we are going outside with masks and we can't even be close to each other as well. So, I would have to say the best course of action is to take defenses on things even if you think it won't hit you.
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June 22, 2020, 08:58:46 PM
 #92

The economy in my country is getting worse, the best choice is to open quarantine. The government does this in the hope of the economy
can run again. Moreover, the spread of the corona virus has begun to trend down, hopefully with the quarantine will be opened again
the spread of the corona virus not increased again. But what's sad is that some companies reduce their employees' salaries by 50%,
hopefully this salary reduction did not last long. If not, the population will find it difficult to meet their daily needs.

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June 23, 2020, 04:00:42 AM
 #93

Yeah, but this is a sort of compromise. People are only willing to cede freedom because they want more money/economic opportunities. As long as China has a big gdp growth, people will accept not having as much rights, but the growth will stop you can bet the government will compromise and cede some of its powers.
That is a novel idea. One that may very well is being used to fool the people there while the state takes over more and more of their liberties with constant surveillance, Face identification, point system for accessing public facilities. This is not a compromise. People there were not given an option to trade their basic human nature in return for GDP growth. Nor will the entrenched elite in the CCP give up their positions and bring democracy suddenly saying that "Ok, we have developed enough".
--snip--
Be assured that the CCP has no intention to give people any form of relaxation in terms of freedom to have an alternate thought process. All they want is for the rest of the world to accept their bullying and hegemony so they can spread their zombifying ideas and paint more of the world red. Fortunately, the world is waking up to the slow red poison.
I didn't meant that people were given an option, you are right about this. But people are more willing to tolerate it if they lived in poverty and now have a good standard of living. I mean, if you were born in a Chinese village with no running water, chances are that the same village now has all infrastructure that a modern city should have. This is impressive and really make people unwilling to risk this economic progress for freedom (because if it fails they could go back to poverty)
Millions of chinese died due to famines in earlier failed attempts of people's revolution. Communism is inevitably built upon deaths and a generational memory amongst people of a time of hopelessness and destitution. That is why when the govt comes around and throws you crumbs, you cower down on their boots and thank the stars. China did the same with its citizens. Yet, it cleverly adopted free market where it mattered and has put all the state resources into stealing and developing the latest technology. It brought prosperity too but when people taste democracy, they won't want anything from that suffocating police state. Hong Kong is a prime example. Humans love their freedom in a very instinctual, animalist sort of way. The Chinese have mastered the art of propaganda and are coming for the rest of the world too now. I hope we all realize and don't fall prey to the allure of cheap consumerism.

Personally I am amazed that there was nothing alarming in India from the very first moments cause this country is neighbor of China at first. Then, even through I have never been in India, personally what I have seen from videos on youtube and etc, people live very tightly. There are a lot of people in the streets, there is a deficit of water and etc, population is huge but poor, so, I am amazed that virus wasn't spread rapidly because people have very close contacts with each other. On another hand, lockdown isn't a deal in India, it's 1000x worse for this country and when you are in dilemma between stop Covid or Hunger, I think second one would be better choice for people.
There is proximity but not much people to people exchange with China. The spread of virus in India is inevitable. The Govt and the people though have taken a "come what may" attitude now. Taking precautions and trying to be as safe as possible. Yet, it is kind of accepted that the Govt isn't willing to do anything now. Partly out of incompetence and partly due to the sheer enormity of the issue.
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June 23, 2020, 11:10:25 PM
 #94

Yeah, but this is a sort of compromise. People are only willing to cede freedom because they want more money/economic opportunities. As long as China has a big gdp growth, people will accept not having as much rights, but the growth will stop you can bet the government will compromise and cede some of its powers.
That is a novel idea. One that may very well is being used to fool the people there while the state takes over more and more of their liberties with constant surveillance, Face identification, point system for accessing public facilities. This is not a compromise. People there were not given an option to trade their basic human nature in return for GDP growth. Nor will the entrenched elite in the CCP give up their positions and bring democracy suddenly saying that "Ok, we have developed enough".
--snip--
Be assured that the CCP has no intention to give people any form of relaxation in terms of freedom to have an alternate thought process. All they want is for the rest of the world to accept their bullying and hegemony so they can spread their zombifying ideas and paint more of the world red. Fortunately, the world is waking up to the slow red poison.
I didn't meant that people were given an option, you are right about this. But people are more willing to tolerate it if they lived in poverty and now have a good standard of living. I mean, if you were born in a Chinese village with no running water, chances are that the same village now has all infrastructure that a modern city should have. This is impressive and really make people unwilling to risk this economic progress for freedom (because if it fails they could go back to poverty)
Millions of chinese died due to famines in earlier failed attempts of people's revolution. Communism is inevitably built upon deaths and a generational memory amongst people of a time of hopelessness and destitution. That is why when the govt comes around and throws you crumbs, you cower down on their boots and thank the stars. China did the same with its citizens. Yet, it cleverly adopted free market where it mattered and has put all the state resources into stealing and developing the latest technology. It brought prosperity too but when people taste democracy, they won't want anything from that suffocating police state. Hong Kong is a prime example. Humans love their freedom in a very instinctual, animalist sort of way. The Chinese have mastered the art of propaganda and are coming for the rest of the world too now. I hope we all realize and don't fall prey to the allure of cheap consumerism.
I agree on most things you said. Something made me think about propaganda, you do think the tools a government has nowadays will make it possible to anticipate and crush any attempt of revolt ? I mean, companies and states have developed massive ways of gather and analyze information from all kinds of sources (at a scale never seen before), but at the same time information goes fast and always finds a way to be transmitted around censorship measures. I'm quite puzzled, I am tempted to think that the end result will always be the same, but the big advances in technology makes me skeptical about it.



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Rainbot
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June 23, 2020, 11:34:32 PM
 #95

There is no aspect that is not affected in my country since the emergence of this pandemic. The school is in total lockdown and has grossly affected the educational sector. Transport restriction for both airlines and on the road has made a lot of people jobless. Eateries and cinemas, hotels, and hospitality centers are still counting their losses. The negative effect is extremely high

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June 24, 2020, 03:47:35 AM
 #96

I agree on most things you said. Something made me think about propaganda, you do think the tools a government has nowadays will make it possible to anticipate and crush any attempt of revolt ? I mean, companies and states have developed massive ways of gather and analyze information from all kinds of sources (at a scale never seen before), but at the same time information goes fast and always finds a way to be transmitted around censorship measures. I'm quite puzzled, I am tempted to think that the end result will always be the same, but the big advances in technology makes me skeptical about it.
In a democratic state where individuals liberties aren't easily subject to state control there is a constant battle of control on different levels. There is the battle between People and the Government. In a country like India or USA, an individual can go and file a petition against a government move in the highest courts of the land. There is a free media which has camps owing loyalty to different set of demographics. In two party systems like USA and UK, this can lead to severe divisions yet, the balance of power has the potential to be shifted. This keeps the politicians on their toes not too appear too dictatorial OR too weak. The constant ups and downs of politics thus serves to ensure that no matter what data-analysis and monitoring skills a govt deploys, the Individual will always have the power to bring a change.

On the other hand, in one-party dictatorships like China, there is no power struggle between people or between parties. The party is supreme and its authority over people is unquestioned. No free media means people can whimper and protest all they want but their voices will always be suppressed. When such a state has the kind of data on its citizens that China has, you are looking at a dystopia of consistent, state-controlled opinions, no outlet for dissent and an absolute choking of human's free-spirit.

The problem that we have now is that China now has the technological (stolen or bought from the west) and the financial muscle to extend this experiment to democratic state. They have already been doing it for a while but democracies are waking up to the threat. That is why, the recent marking of several Chinese organisation as diplomatic entities by US is a welcome step.
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June 24, 2020, 04:43:11 AM
 #97

Entertainment industries are the most affected since public gathering is still prohibited, and a chain reaction results with many people getting lay off with their jobs and with this people unemployed, they will be dependent on the relief operations of the government. With relief operations, government spending will skyrocket and corrupt officials are going to be swarming this chaos trying to exploit what they can like flies in a dog shit. Businesses such as IT industry, delivery and courier services will be the most prosperous because they provide solutions to the most simple problems that we face during the pandemic.

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Inkdatar
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June 24, 2020, 12:52:11 PM
 #98

This covid19 has a huge impact on our country many people have lost their jobs and the rate of affected by this virus is increasing. People are suffering from a crisis that no one food to eat, even there is help from the government it is selected for those who can receive. Mostly actually lost even their business so hope this crisis will end and will be back to normal.
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June 24, 2020, 01:29:13 PM
 #99

It seems that there is no country that has not been disrupted by the economy due to the impact of the corona pandemic, but how prepared the country can handle the corona pandemic. such as developed countries, renewable technology might be able to handle it well like Japan, the state helps finance for its citizens to be able to buy necessities because of lockdown treatment that makes work activities looking for money not working.

in my country activities are reduced but do not do a lockdown. but limiting for those who are active is usually 5 days a week, then it can only be reduced by 2 days and alternating and remaining days from home Physical distancing protocols are very much implemented and transportation restrictions that can have only half the capacity can be used. for red scale pandemic areas all may only work from home only those related to public facilities may work, and assistance from the state is applied to those directly affected. but clearly the economy is disrupted and that is clearly inevitable.

the economy will run normally if there is a cure and a vaccine has been found and we don't know when it could be available. then you can imagine if people didn't work as long as this pandemic still existed. then the country will use foreign exchange reserves to help those affected and how much reserves can survive.

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June 25, 2020, 06:24:29 PM
 #100

My country is really suffering on the effect of covid 19 people are dying ang the economy are slowly going down it has really a big effect not only in economy but also in a ways of living, people ways of living are now limited and we really need to obey for good.
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June 25, 2020, 09:26:29 PM
 #101

I think that the transportation, trade and many other sectors are very affected by this pandemic and even when many people lose their jobs, it is also a sector that is severely affected because the difficulties continue to increase and maybe almost all sectors are affected and it cannot be inevitable. Concerns about the spread of the coronavirus outbreak will continue to increase every day if they are not aware of the importance of implementing life in the new normal era like this.

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June 26, 2020, 01:24:04 AM
 #102

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

It's getting bad every passing days, we are not flattening the curve,  the number is still growing and the economy is getting bad, so many people are out of their job, some sectors are starving I cannot blame the government they are doing their best, but people needs to find a living to survive that is why some protocols are not being followed.

For some countries they are really flattening the curve, the thing is fighting the virus takes such a long time, you will need to go through couple of waves before really flattening it, so yeah i think its a slow pace but we are winning.
Economy of every country really are hit by the virus, specially the airline transportation, every airlines surely have lost millions of their money because of this pandemic and it will take some time before this sector opens.
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June 26, 2020, 04:21:29 AM
 #103

The Philippines is a third world country and obviously, my country is not ready nor prepared for this pandemic that suddenly arises from nowhere. When it was just starting, the government did not see that this will harm thousands and millions of people across the world that is why they did not ban travel flights immediately which made positive cases in the country increase rapidly.

For the past months of quarantine, the government is giving financial aid using different sectors of the government but it still not enough to feed all starving families that were affected by the sudden lockdown. What I can say is that our government is continuously borrowing money and this will put our country in great debt. Schools are suspended, while the Department of Education is still debating whether to freeze school year while there is no vaccine or to resume classes by August. Online classes won't be effective for everyone since not everyone has access to the internet.

While employees are starting to go back to work with the implemented new normal protocols, but it is still a struggle for everyone to travel because of the lack of transportation. There is also a lot of political issues and problems we are facing even in the middle of the pandemic, even protests outside. Overall, it's not like the government has not done anything, it's just that it's not enough for everyone and there are still lacking when it comes to finding a solution for this pandemic and the economy

IMO, this pandemic would have been avoided to enter in our country if travel ban were immediately carried out the moment the spread of pandemic arises, but of course the government will not do that because of tourism and whatever reason they have that will bring growth to our country, which in fact did the opposite.

Now, the government although doing or offering foods and assistance to poor and middle class families during the previous months, it is not enough for the whole month of consumption. Although some people are back to work, there are still many who can't go back to their works and don't have any other way to make a living. Hospitals seems to be a dangerous place for some people who needs medical assistance for other health problems and not because of the virus. There's still no fixed decision for this coming school year and yes, it is a big problem for some people most especially to those who don't have gadgets and internet access for the online classes they are proposing.

The economy is getting worse because of this pandemic but hopefully it will take longer. I just hope vaccine will be discover sooner so we can all go back to our normal life and for our economy to hopefully recover.
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June 26, 2020, 09:52:33 AM
 #104

Covid-19 pandemic is a huge blow to our economy. All of us from different countries are affected, nothing exempted. In my own country the big effect of this pandemic is unemployment, some of other establishments are closed until now public utility vehicle are still not returning to their trip. Most of the drivers were hungry they even begging for alms on the street.The case continues to increase,but still people need to find income to survive that's why they need to go outside of their house to find money for their families.
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June 26, 2020, 04:19:10 PM
 #105

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
Hmmm Roll Eyes I don’t think there is any difference. The same thing you’re going through in your country is likely what we are experiencing right now in my country. In every country there are people losing jobs, there are companies going out of business or losing money because of the pandemic, there are people who are hungry, and the economy is falling. It just goes on and it’s the same for every country, there is really no difference. And as for sectors that are being affected? That’s what I can’t tell.

But, if I should guess, maybe food industry is one of them, I think there might be some things lacking, since there are no means for importation. Other than keeping faith on God for possible betterment in coming days by having vaccines for corona, I guess we do not have any other option right now.

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June 26, 2020, 07:30:02 PM
 #106

Covid-19 pandemic is a huge blow to our economy. All of us from different countries are affected, nothing exempted. In my own country the big effect of this pandemic is unemployment, some of other establishments are closed until now public utility vehicle are still not returning to their trip. Most of the drivers were hungry they even begging for alms on the street.The case continues to increase,but still people need to find income to survive that's why they need to go outside of their house to find money for their families.
Not only that, COVID-19 pandemic also reveals thos corrupt politicians in the government right now. Some countries are very lucky that they recovered really fast and have only few cases right now. But in our country, day by day, confirmed cases is increasing and our government is very incompetent and keep blaming the people.
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June 27, 2020, 06:41:48 AM
 #107

I live in a developing and populous country. A large portion of our country's population lives below the poverty line and the epidemic is out of control due to poor health care in the country. An important economic sector of our country is the readymade garment industry which has been severely damaged due to the coronavirus. One of the main sources of our overseas income is remittances, which have been greatly reduced due to the epidemic. Although the government of our country has now relaxed the restrictions to keep the economic wheel in motion, in most cases due to the decline in production and demand, people have become massively unemployed and small businesses are on the verge of collapse. I think the impact of the coronavirus will stay on our economy for years and it will be difficult to get out of it and achieve economic growth.

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June 27, 2020, 07:03:39 AM
 #108

Undoubtedly, the global economy is currently collapsing amid a pandemic. I think that some sectors of the economy will not be able to recover. For example, small private production. During the virus, entrepreneurs suffered heavy losses. No raw materials, no buyers, no workers. Many industries have closed and will not be able to recover. Traffic in the transport sector decreased, air traffic between countries was closed. Transport workers are forced to be out of work. The government provides subsidies for such purposes, but so far the main problem has not been resolved, the economy is in decline.
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June 27, 2020, 07:50:17 AM
 #109

Covid-19 pandemic is a huge blow to our economy. All of us from different countries are affected, nothing exempted. In my own country the big effect of this pandemic is unemployment, some of other establishments are closed until now public utility vehicle are still not returning to their trip. Most of the drivers were hungry they even begging for alms on the street.The case continues to increase,but still people need to find income to survive that's why they need to go outside of their house to find money for their families.
Not only that, COVID-19 pandemic also reveals thos corrupt politicians in the government right now. Some countries are very lucky that they recovered really fast and have only few cases right now. But in our country, day by day, confirmed cases is increasing and our government is very incompetent and keep blaming the people.
You are right. What I am afraid now is when the new normal still be like this which every people don't use social distance and don't clean their hands after touching something, that can lead to the new cases of Covid-19. I am seeing many people do that, and even some people don't wear a mask in the public area. That makes me worry about seeing what will happen later if they still do that because we don't want to see the increase of the Covid-19 patient.

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June 27, 2020, 08:22:02 AM
 #110

Yes the virus is making public life worse No one is doing anything to maintain social distance which is doubling the number of deaths and injuries There is no way to cure this virus unless we take precautions. The epidemic has hit the country's economy hard.

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June 27, 2020, 10:27:39 AM
 #111

Obviously that the world are experiencing a down in terms of their market and their country's economy and because of this their economic growth are kind of going down so fast due to that the business can't operate for some couple of months and that will be a huge impact to the economy of the one's country.

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June 27, 2020, 02:10:48 PM
 #112

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
Even with the differences that each country may have I think we are bound to see similar effects all over the world even if the magnitude of those effects is not the same, the most affected sector by far is the service sector of the economy, the tourism sector , restaurants, bars and other similar businesses are suffering the most as people have less money on hand and they are not as willing to spend it as before, however other sectors that are fundamental to the economy and our well being kept running even during the lockdown and they suffered less and are already recovering because the economy could not function without them.

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June 27, 2020, 02:58:38 PM
 #113

I wish and pray that you guys can set your country on the correct path and get out of this abject poverty and breakdown. I hope we have more people from Venezuela on the forum and bitcoin and the forum is helping you in one way or another.
Thank you! In fact I am waiting for my nephew who came from Brazil because he was working there and now he is in quarantine. He is negative to Covid-19 and is about to return home and I am going to teach him about bitcoin and participate in the forum. We were very concerned because he was living in Manahus in one of the cities hardest hit by Covid-19. Thanks for giving me a merit, blessings!
My pleasure. Sure the forum can be useful to everyone in one way or another. Just make sure that you follow all the rules. There are people who fall into doing the wrong sort of things resulting in a lot of spam on the forum as well as scammy actions like people joining worthless bounties with Alt-accounts. It seems easy money in the short run but eventually these people get caught and lose all trust from the community. (Check my sent trust ratings for a few examples).

Instead, if people actually focus on using the forum as a honest place where you can learn, present your ideas, find someone to collaborate, offer your skills etc. then it can help you gain something. But keep in mind that it is first and foremost a place of interaction and learning. The potential income is temporary and one should not bank on it. Instead, learn and apply those things elsewhere. Good luck to you your fellas.

Brazil I heard has also been a disaster with another one of dump political heads trying to laugh off the virus and then exposing their people to all sort of problems.
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June 27, 2020, 03:07:13 PM
 #114

Almost all countries that introduced quarantine and were isolated from each other today have very bad consequences, which have badly damaged the economy. In my opinion, a large business does not have so many problems than a medium-sized business and a small entrepreneur, who was not able to repay debts for loans, pay rent and fulfill other conditions of his business, because there was a strict quarantine and no one worked. There is nothing to talk about ordinary people, because there are no words at all to express their discontent, because people are mired in debt, have no finances for basic things, and even for food, because the government introduced incorrect quarantine conditions.

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June 27, 2020, 03:28:47 PM
 #115

I like to remember the fact that in a crisis money doesn't disappear, it's not burned (most of the time).
but the cards get scrambled again and redistributed.
money changes hands.

here in Brazil we're seeing a big increase on ecommerce sales and infoproducts.

I don't have the data regarding local commerces but for sure restaurants took a hit and are selling less and only delivery/take away.

general unemployment rates are also raising, of course.

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June 27, 2020, 09:41:12 PM
 #116

Covid-19 badly effects economies of country including developed countries like China and America. Here in my country covid-19 effects all type of businesses and due to lockdown business community faced a big loss.

For the first time in 68 years, Pakistan’s economy is set to contract in the outgoing fiscal year with a negative 0.38 per cent due to the adverse impact of the coronavirus pandemic coupled with the already weak financial situation before the pandemic hit the country, according to the economic survey unveiled on Thursday.

https://www.google.com/amp/s/www.livemint.com/news/world/covid-19-impact-pakistan-s-economy-contracts-for-first-time-in-68-years/amp-11591901729713.html
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June 28, 2020, 03:40:04 AM
 #117

Could some one give prediction when covid 19 is over because my country got new victim everyday more than one thousand people above, I think my government look no serious how care with covid 19 virus and very disappointed when other country have success stop covid 19 but my country keep continue going with announcement new victim every day.
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June 28, 2020, 03:52:18 AM
 #118

The number of infections and deaths is increasing every day Many cities have been damaged But this time we don't have to think negatively Bitcoin will help us in many ways to overcome this problem. If we all start investing in bitcoin and advise others to use it they will be able to overcome the epidemic like Covid-19 very easily You have to work with faith before every work.

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June 28, 2020, 01:22:54 PM
 #119

The number of infections and deaths is increasing every day Many cities have been damaged But this time we don't have to think negatively Bitcoin will help us in many ways to overcome this problem. If we all start investing in bitcoin and advise others to use it they will be able to overcome the epidemic like Covid-19 very easily You have to work with faith before every work.
We all know the problem but I don't think investing in bitcoin would be the best solution.

What would save people from suffering financially is for them to receive a regular income like a salary or having a business, investing in bitcoin does not provide the aforementioned, and in fact it's so risky that investors could also lose their money, let's go back in 2017 where there's a FOMO, some people made money while some people also lose money, so the solution is not investing in bitcoin.Maybe finding a job online would help but the competition is also higher as this problem is felt world wide, unemployment is increasing hence the demand for jobs are big while unfortunately there are only few job offerings.

Let's bear with the government as they are finding solution, find ways to survive and most importantly learn how to save as we never know when this pandemic will end.

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June 28, 2020, 01:27:07 PM
 #120

The number of infections and deaths is increasing every day Many cities have been damaged But this time we don't have to think negatively Bitcoin will help us in many ways to overcome this problem. If we all start investing in bitcoin and advise others to use it they will be able to overcome the epidemic like Covid-19 very easily You have to work with faith before every work.

Here in India also the situation is the same. Two weeks back, we were having on average 6,000-7,000 infections per day. But yesterday there were more than 20,000 cases. One positive is that almost 80% of the cases are concentrated in 4-5 major cities. Outside these cities, the number of cases are low. But even in the remaining areas, we are now witnessing a rise in the number of new infections.

Economy is in deathbed now. Indian population comprises of a large section of daily-wage earners. These people are without job now, and they are surviving solely on savings. There will be a lot of suffering, if it continues for another 2-3 months.
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June 28, 2020, 05:59:49 PM
 #121

The aviation sector, tourism and entertainment, it is the sectors that have suffered due to the pandemic, many people have lost their jobs and many still need help.
Hotels and restaurants have lost many of the pioneers, and most of them work with very low energy, and everyone is afraid of returning to life and gatherings that may lead to the lives of millions soon.
The situation is intolerable and all options may lead to a lot of losses. I do not know how we will control the situation.
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June 29, 2020, 05:07:59 PM
 #122

The sector that is collapsing is the health sector, many hospitals are operating at maximum capacity, few doctors have time to rest and they all work under stress.
The government does not care for these doctors, nor does it allow them to take extra breaks and force them to continue working.
The rules imposed on the movement make the affected tourism sector number two and re-open the economy.
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June 29, 2020, 05:42:37 PM
 #123

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
I am living a third world country and here everything is costly to us still. We are facing a serious problem. But who cares? We must need to cope up with the system we made. So we are trying in this pandemic also.

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June 30, 2020, 04:53:07 PM
 #124

the existence of the covid 19 pandemic is indeed very disturbing, because obviously the first country did not understand what covid 19 was and was shocked because of its rapid impact of transmission from the sick to the healthy. even what is feared is that sick people without symptoms that clearly can cause new outbreaks, because they do not feel sick and indulge as usual and in fact it transmits to most other people.

because a pandemic is contagious very quickly, the first thing to prepare is for the hospital to accommodate the sick. not yet with medical devices must be prepared because of changes in the handling of sick people who need quite a lot of medical devices that suddenly go up without being able to be regulated by the state and have an impact on expensive costs.
not yet with the impact of rules must stay at home for a while for those who have no connection with public activities, resulting in many new unemployed who cannot meet the needs of daily life and must be helped.

The state must spend funds for these needs and forced foreign exchange reserves need to be issued and it is clear that this will interfere with what has been budgeted to change in order to be able to finance the handling of covid 19.
with a period of three months from the first time there was covid 19, not a few funds were spent, if it continues to be prolonged it is certain that the state will be forced to issue bonds so that the government can continue to run normally.

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June 30, 2020, 09:42:06 PM
 #125

As far as I am concerned, and have already witnessed this past months of the covid-19 pandemic, there is really a great impact on the economic state of the country which I do belong and what I can say is that the effect is negative into which there is a certain declination on the economic state of my country for the fact that we have undergone a community quarantine which brings people to just stay at their homes so business establishments are close and works have been postponed which results to the stopping of the goods and services production.

This pandemic makes the poor become poorer that is really awful but still a big thanks for the government for doing actions to help those people out to survive even at this pandemic. But still I cannot deny the fact that this pandemic brings out the negativities even more because of its strong impact on my country's economic state.

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July 01, 2020, 04:22:00 PM
 #126

I like to remember the fact that in a crisis money doesn't disappear, it's not burned (most of the time).
but the cards get scrambled again and redistributed.
money changes hands.

here in Brazil we're seeing a big increase on ecommerce sales and infoproducts.

I don't have the data regarding local commerces but for sure restaurants took a hit and are selling less and only delivery/take away.

general unemployment rates are also raising, of course.
While true this can have devastating effects on the economy, as you say most services that have to deal with purchases online are going through a boom and while this is good for them many brick and mortar business are suffering and it is precisely on those businesses where most of the jobs are generated, this means that if this does not change we are bound to see mass unemployment during the next years and this could create social instability which is never good for a country.

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July 01, 2020, 06:15:13 PM
 #127

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

I talk for my own country.
. This current disease outbreak affect the country in all sector, both economic and otherwise.
- inflation is not exception
- the non functioning of transport system as a result brought allot down fall in the market sector
- corruption as well set as many try to survive
-* the school tend to be more at a disrupted state, no little improvement on that and no way forward for the moment.
- Government on their path trying very hard to make end meet for the masses.
- Masses getting into violence against each other in competition for survival

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July 01, 2020, 07:54:39 PM
 #128

My country India , has now became  country with 4th biggest covid outbreak. According to IMF Indian Economy is shrinked tp 4.5% after lockdown started.
Earlier the Growth rate was 4.2% in 2019 and now it has become -6.4% less than IMF prediction of April.
Till date more than 19000 cases are increasing everyday in india and more than 54% private businesses have been shut downed.
Things are gettingh worst day by day ! Sad
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July 01, 2020, 08:50:58 PM
 #129

Could some one give prediction when covid 19 is over because my country got new victim everyday more than one thousand people above, I think my government look no serious how care with covid 19 virus and very disappointed when other country have success stop covid 19 but my country keep continue going with announcement new victim every day.

Every country has their own ways to say that their government are making wring decisions right and there. Here in our country, a school predicted that the victims might increase at 40K at the start of July, and right now they proven it wrong and they are so happy like the pandemic ended looking at it as a challenge while cases are still increasing everyday.

The thing here is that we are fine with what happened. The prediction didn't happened but the fact that they took that prediction seriously while cases are still increasing and might hit 40k this month is just infuriating.

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July 02, 2020, 08:53:52 AM
 #130

The number of infections and deaths is increasing every day Many cities have been damaged But this time we don't have to think negatively Bitcoin will help us in many ways to overcome this problem. If we all start investing in bitcoin and advise others to use it they will be able to overcome the epidemic like Covid-19 very easily You have to work with faith before every work.

Here in India also the situation is the same. Two weeks back, we were having on average 6,000-7,000 infections per day. But yesterday there were more than 20,000 cases. One positive is that almost 80% of the cases are concentrated in 4-5 major cities. Outside these cities, the number of cases are low. But even in the remaining areas, we are now witnessing a rise in the number of new infections.

Economy is in deathbed now. Indian population comprises of a large section of daily-wage earners. These people are without job now, and they are surviving solely on savings. There will be a lot of suffering, if it continues for another 2-3 months.
I feel sorry to hear that. The government needs to do something to urge people to stay at home instead of wandering around cause it can make more people infected. My country is doing really great with the lockdown since people put their fate on the government and they do listen to what the gov says. The result is we successfully push this pandemic out of our country. The next wave of the disease might come in the next few months but my country has had experienced from the previous fight and I believe that we wont lose

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July 02, 2020, 09:10:26 AM
 #131

While true this can have devastating effects on the economy, as you say most services that have to deal with purchases online are going through a boom and while this is good for them many brick and mortar business are suffering and it is precisely on those businesses where most of the jobs are generated, this means that if this does not change we are bound to see mass unemployment during the next years and this could create social instability which is never good for a country.

It has been almost two weeks since the economy in my country reopened even though the number of sufferers is still high at around 1,300 people per day. Offices have also begun to reopen, July is a new school year. According to my wife, many parents of students who find it difficult to pay the re-registration fee, many are victims of layoffs even the most affected are the middle and upper-middle class. Salary deductions make them have to adjust budged expenses, especially if the largest amount has to be posted to pay installments on a house or vehicle.

One of the medium banks in my country has reportedly experienced liquidity problems because customers are required to inform two days before withdrawing funds above USD 750. If in 34 months the pandemic can shake up small banks, there are fears that the pandemic and lockdown will continue a long time it will spread to other banks and are systemic.

What is clear is that businesses that weaken and die are small and medium businesses that are conventional in nature and do not use technology as a buffer for their business. The small and medium business sector integrated with technology has increased its profits. I had time to think about whether people really experience economic problems if they can still buy tertiary needs. Or many people who only rely on savings or they are really experiencing stress with lockdown so looking for diversion by shopping.

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July 02, 2020, 09:38:18 AM
 #132

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
The situation has been really bad and those people that are living in poverty are the ones that are mostly being affected by the pandemic. And with the looming recession? Huh Damn, there’s going to be an increase in the poverty rate in so many countries, especially in developing countries, because they’re the ones that are being hit hard by the pandemic. And like that is not enough, health care is a high cost, that’s one of the reasons the poor are going to hardly survive this situation.

Some of them will not afford to go to the hospital for a proper check-up, only the rich can afford that. So if the rich that can afford proper health care are still dying, then how will the poor that can’t afford it be able to survive?
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July 02, 2020, 10:17:28 AM
 #133

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.
Not in many countries but all of the countries are heavily affected by this pandemic especially US, Brazil, Russia and some European Countries. I don't consider it a curse though

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
Our economy so far is slowly recovering. Establishments are slowly opening with some guidelines that are being imposed. Fastfoods are limited to one person per table and they are observing social distancing. Same with the offices in the company. Some of them are just working 3x a week just to maintain the social distancing.

Those who doesn't have funds pre pandemic and the micro, small and medium enterprise owners are the ones who are heavily affected by this pandemic as they don't have any funds or anything that they can use to survive. Its good that our government is giving aids and loans to these people. Some transportation owners are back to work right now but still there are some drivers who can't continue to their business.

The cases here in our country is increasing and it has doubled when the lockdown has been loosen a bit. They are not that strict right now that is why the cases went up that much.

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July 02, 2020, 10:37:37 AM
 #134

Covid-19 pandemic is a huge blow to our economy. All of us from different countries are affected, nothing exempted. In my own country the big effect of this pandemic is unemployment, some of other establishments are closed until now public utility vehicle are still not returning to their trip. Most of the drivers were hungry they even begging for alms on the street.The case continues to increase,but still people need to find income to survive that's why they need to go outside of their house to find money for their families.

That is just the worst right now.

The economy is crumbling down because of the works being shut down. People can't really do anything about it since it is also for their safety. Some can provide for themselves, most can't. That is why the government stepped up for that but still, it is not enough. Right now, economies are slowly healing but still, the cases are still increasing. If we will not be risking ourselves to go to work, we can't provide for our family so we really need to gamble for it. It is also a way to help the country so its two birds in one stone.
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July 02, 2020, 02:45:19 PM
 #135

Hmm, It has taken a big toll in my country. Initially the country went on a total lockdown but later on the expenses involved in taking care of people was taking quite a huge sum of money from the government coffers that they had to loosen things up but rather ensure that people practice safety measures to curb the spread of this disease.
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July 02, 2020, 05:47:12 PM
 #136

It surely does. It affects our economy, therefore most of the people were going out for making money instead of just isolate themselves until the pandemic is over because it's too difficult to actually get money based on their opinion and they risk their lives to earn money everyday, it also because of how ignorant the gov is.

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July 02, 2020, 06:15:38 PM
 #137

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

The most affected sector is tourism of course.
The lockdown happened just before summer and a lot of people didn't plan their holidays for this year's summer. My country's economy relies a lot on tourism and it is said that we are going to face a 10% recession this year.
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July 02, 2020, 06:31:12 PM
 #138

Economically our country largely depends on the unorganized small business and agriculture so still, I haven't seen any instant direct effect. But lots of people who were working in the small companies will surely lose their jobs. Mainly the middle-income people will get affected. And the economy will be hit hard in large scale by the global economic pressure within a year.
In crypto related business I haven't seen any kind of changes. Rather people seems more interested than the past.

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July 02, 2020, 09:29:29 PM
 #139

Covid 19 id a health crisis and every government is really affected on it, people are now staying at home without any work and only leaning on the governments help such as food,financial assistance, etc so the economy is being affect for the working force and the tax collection is now getting low and the economy is really worst. I suggest to stay at home and be safe for us to back into normal life and the pandemic will stop earlier.

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July 03, 2020, 10:53:35 PM
 #140

Covid-19 pandemic is a huge blow to our economy. All of us from different countries are affected, nothing exempted. In my own country the big effect of this pandemic is unemployment, some of other establishments are closed until now public utility vehicle are still not returning to their trip. Most of the drivers were hungry they even begging for alms on the street.The case continues to increase,but still people need to find income to survive that's why they need to go outside of their house to find money for their families.

That is just the worst right now.

The economy is crumbling down because of the works being shut down. People can't really do anything about it since it is also for their safety. Some can provide for themselves, most can't. That is why the government stepped up for that but still, it is not enough. Right now, economies are slowly healing but still, the cases are still increasing. If we will not be risking ourselves to go to work, we can't provide for our family so we really need to gamble for it. It is also a way to help the country so its two birds in one stone.
The pandemic does still exist so i doubt healing have already began especially on us. Some countries request for a loan and until now, no action seen to support the citizens on our country. There are many people suffer on this health crisis and the effort spent on ECQ was became a waste, it just slowed the economy.
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July 04, 2020, 02:28:41 AM
 #141

Covid-19 pandemic is a huge blow to our economy. All of us from different countries are affected, nothing exempted. In my own country the big effect of this pandemic is unemployment, some of other establishments are closed until now public utility vehicle are still not returning to their trip. Most of the drivers were hungry they even begging for alms on the street.The case continues to increase,but still people need to find income to survive that's why they need to go outside of their house to find money for their families.

That is just the worst right now.

The economy is crumbling down because of the works being shut down. People can't really do anything about it since it is also for their safety. Some can provide for themselves, most can't. That is why the government stepped up for that but still, it is not enough. Right now, economies are slowly healing but still, the cases are still increasing. If we will not be risking ourselves to go to work, we can't provide for our family so we really need to gamble for it. It is also a way to help the country so its two birds in one stone.
The pandemic does still exist so i doubt healing have already began especially on us. Some countries request for a loan and until now, no action seen to support the citizens on our country. There are many people suffer on this health crisis and the effort spent on ECQ was became a waste, it just slowed the economy.
Even in our country, we are really affected and it is too far for the economy to heal,

The government is more focus on other things even if it is not really important. They always prioritize the unnecessary things than give their time and effort for the sake of their people. We feel like we wasted our life staying inside our houses because of this ECQ.


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July 04, 2020, 06:10:08 AM
 #142

Of course, the coronavirus pandemic significantly weakened the economies of all states without exception. The world is indeed on the verge of a very tough global economic crisis. In addition, we are again being urged to be ready for the next wave of increasing growth in the number of patients with coronavirus and the possible need to return to strict quarantine measures. Governments are no longer trying to introduce them, given the significant deterioration in the material security of people, many of whom lost their jobs precisely because of quarantine measures. However, it is predicted that coronavirus will also quickly disappear as it appeared. Even if we go through the global economic crisis, in the end it will lead to a recovery in the global economy and the cleansing of paths for further development.

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July 04, 2020, 07:20:51 AM
 #143

ofcourse covid19 has negative impact to our economy, personally my income from regular job as business owner decrease alot on this pandemic . people prefer to stay at home to avoid corona virus and it will decrease their personal spending. they will carefully manage monthly spending , and it will have direct impact to national economy growth.

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July 04, 2020, 09:56:56 AM
 #144

ofcourse covid19 has negative impact to our economy, personally my income from regular job as business owner decrease alot on this pandemic . people prefer to stay at home to avoid corona virus and it will decrease their personal spending. they will carefully manage monthly spending , and it will have direct impact to national economy growth.

That negative impact can be felt everywhere! The poor ones are hurt more than others, it's what happens in every crisis. What's the biggest problem now is that nothing is over, and new problems are coming. This year is already hard for many people, and now we need to be smarter than ever because I think the worst is still not behind us, we need to prepare for bad times!



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Rainbot
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July 05, 2020, 02:29:14 PM
 #145

While true this can have devastating effects on the economy, as you say most services that have to deal with purchases online are going through a boom and while this is good for them many brick and mortar business are suffering and it is precisely on those businesses where most of the jobs are generated, this means that if this does not change we are bound to see mass unemployment during the next years and this could create social instability which is never good for a country.

It has been almost two weeks since the economy in my country reopened even though the number of sufferers is still high at around 1,300 people per day. Offices have also begun to reopen, July is a new school year. According to my wife, many parents of students who find it difficult to pay the re-registration fee, many are victims of layoffs even the most affected are the middle and upper-middle class. Salary deductions make them have to adjust budged expenses, especially if the largest amount has to be posted to pay installments on a house or vehicle.

One of the medium banks in my country has reportedly experienced liquidity problems because customers are required to inform two days before withdrawing funds above USD 750. If in 34 months the pandemic can shake up small banks, there are fears that the pandemic and lockdown will continue a long time it will spread to other banks and are systemic.

What is clear is that businesses that weaken and die are small and medium businesses that are conventional in nature and do not use technology as a buffer for their business. The small and medium business sector integrated with technology has increased its profits. I had time to think about whether people really experience economic problems if they can still buy tertiary needs. Or many people who only rely on savings or they are really experiencing stress with lockdown so looking for diversion by shopping.
The same is happening in my country and I do not see why it would be different anywhere else, most businesses simply cannot stand being closed down for months, and even if the economy is opened slowly now their costs have gone up while their profits have gone down as people have lost their jobs and they are taking better care of their money even if they still have them just in case they are the next ones to lose their jobs.

If there is a second wave of the pandemic and governments are forced to close the economy once again it is possible the number of unemployed people and bankrupted business could go up exponentially and this could begin to affect banks and put the whole economy system at risk.

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July 05, 2020, 03:29:50 PM
 #146

ofcourse covid19 has negative impact to our economy, personally my income from regular job as business owner decrease alot on this pandemic . people prefer to stay at home to avoid corona virus and it will decrease their personal spending. they will carefully manage monthly spending , and it will have direct impact to national economy growth.
in times of disaster like this all people suffer from fear co-19 together. the world is currently being hit by a huge economic crisis. almost everyone cannot do activities because of a pandemic.the government also made various efforts to control this crisis so that it would not be too severe in the country so as not to fall too deeply into its economy ...?

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July 05, 2020, 04:41:50 PM
 #147

The same is happening in my country and I do not see why it would be different anywhere else, most businesses simply cannot stand being closed down for months, and even if the economy is opened slowly now their costs have gone up while their profits have gone down as people have lost their jobs and they are taking better care of their money even if they still have them just in case they are the next ones to lose their jobs.

If there is a second wave of the pandemic and governments are forced to close the economy once again it is possible the number of unemployed people and bankrupted business could go up exponentially and this could begin to affect banks and put the whole economy system at risk.
Since the spread of Covid-19 significantly, many companies and shops that close workers have been stopped because of the lack of economy in their companies so they have to take action like this and many unemployed people who have been laid off from work should be able to save money as much as possible then from that we will experience prolonged difficulties at this time.

After the first phase of recovery has begun but still the risk is still you and the economy has not fully recovered if the second wave comes the same way I think it is difficult for us to do the government will continue to close the economy and will only be running a part of the basic commodities so this is indeed difficult for us to predict in the near future.

R


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July 08, 2020, 06:41:42 AM
 #148

Since many people temporarily lose their jobs and a lot of businesses were closed due to the pandemic, the economy of a country has started to go down. I see in the news that my country's economy is stable and growing, but the truth is my country has huge debts in other countries so that our government could provide our country's needs.

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July 08, 2020, 06:57:41 AM
 #149

It is really sad to say that the unemployment rates in my country is keep climbing, the debt of our country is also growing because our government doesn't have sources anymore of funds in order to feed the poorest and the poor and give assistance to the people and even business that are affected by the COVID-19.

There are also a oot of major projects that are been postponed due to the lack of budget because of the pandemic. There is a recent research posted that it will take 10 years before our economy to fully recovered and it is really sad reality.

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July 08, 2020, 01:59:46 PM
 #150

Average economic conditions are indeed ™not good". for example in Indonesia, many factories are closed so that production is not running. employees become unemployed and the factory goes bankrupt. some can produce something but the market is bad so it is very difficult to get profits. what was worse was the canteens at the school, they could not sell because the school was closed.
I just hope the government finds a solution to this problem soon.

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July 08, 2020, 02:13:17 PM
 #151

I can say that the Government here in my country,  don't take Covid-19 so seriously from the start. That's because,  we dont really think, that all this strange things and severe crisis will come.
And for my Country who has only a limited resources in all sectors, we are really not prepared to deal with all the health problems and losses in terms of lives, jobs, businesses and other life necessities. Its really hard that a lot now are starving and got so depressed with the current situation and the Government cannot  provide everything. And the worst now, as the positive cases and deaths arises each day, domestic violence also occured each time.
So sad to think that the Country Leader is doing his best to help the people and keep us safe at the same time, but some Government officials are so corrupt that the financial aid and other relief assistance for the people are lessened for their own interest and could not reach to the needy. That's really a serious issue here - CORRUPTION.
I am satisfied with the way our President handled this crisis, that he even borrowed money from the World Bank just to give an aid to everyone in any ways he could.
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July 08, 2020, 02:15:28 PM
 #152

It is really sad to say that the unemployment rates in my country is keep climbing, the debt of our country is also growing because our government doesn't have sources anymore of funds in order to feed the poorest and the poor and give assistance to the people and even business that are affected by the COVID-19.

There are also a oot of major projects that are been postponed due to the lack of budget because of the pandemic. There is a recent research posted that it will take 10 years before our economy to fully recovered and it is really sad reality.
it won't last forever as unemployment increases, I think there will be a new life after the pandemic is gone, this is just a temporary cycle because of the pandemic ....
And of course the country has debt is a natural thing because all the needs of the state are not a small budget, but every country needs a large budget ...?

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July 08, 2020, 02:19:37 PM
 #153

It is very bad when the government manipulates information and abuses the restriction of human rights and freedoms. The fact is that the government in certain situations weakens quarantine conditions, but these exemptions apply only to expensive restaurants, bars and cafes, where people can drink alcohol and various entertainment centers, where the owners are relatives of officials. but at the same time it does not allow others to work, such as a gym, which is important for supporting the health of the country's population. at the same time, law enforcement agencies go beyond what is permitted and I observe such problems in many countries when ordinary people suffer from illegal actions. I believe that the economic crisis that has affected almost every person can revolt the people.

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July 08, 2020, 02:21:01 PM
 #154

All the economies of the world have been affected, directly or indirectly, all the plans put in place by the governments have been frozen or postponed for the coming years.
I cannot describe the economic situation because it did not change or cause harm, the world is changing around us, and we must do our utmost to try to restore conditions to what they were at the beginning of this year.
It is a disastrous year and a lot of bad things have happened in these past days.
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July 08, 2020, 02:32:16 PM
 #155

Average economic conditions are indeed ™not good". for example in Indonesia, many factories are closed so that production is not running. employees become unemployed and the factory goes bankrupt.

The side effects that will reflect to the country's economy, just like a domino effects that will continue while this virus still spreading.

some can produce something but the market is bad so it is very difficult to get profits. what was worse was the canteens at the school, they could not sell because the school was closed.

Genrally, all those who are leaning with people those business are really affected, though there's online selling but ain't enough to sustained the business.

I just hope the government finds a solution to this problem soon.

Vaccine is the only solution without it this problem will continue and be much worser.


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July 09, 2020, 07:30:51 AM
 #156

The same is happening in my country and I do not see why it would be different anywhere else, most businesses simply cannot stand being closed down for months, and even if the economy is opened slowly now their costs have gone up while their profits have gone down as people have lost their jobs and they are taking better care of their money even if they still have them just in case they are the next ones to lose their jobs.

If there is a second wave of the pandemic and governments are forced to close the economy once again it is possible the number of unemployed people and bankrupted business could go up exponentially and this could begin to affect banks and put the whole economy system at risk.

1. Have a trade surplus
2. Has a large foreign exchange reserves in the form of gold
3. Having large foreign exchange reserves in the form of currency as savings
4. Have a large foreign debt
5. Has dependence on imports

Countries that have 1, 2.3 and do not have 4 & 5 are the countries that will survive the corona pandemic the longest if, because they have a large multistreaming income and savings, especially if their economy is growing, they implement a tightening policy so that when the economy is slowing them down can take counter cycle policies.

The country that raises the white flag the fastest is the country which has 4 & 5 but does not have 1,2,3. Because they have a high dependency on the dollar to finance imports and pay off foreign debt. Especially if the government policy had already been tightened due to the economic slowdown, as a result of the trade war, the government's money was narrower.

Some countries have magic tricks and experience to print money which certainly makes a country has high endurance.

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July 09, 2020, 11:52:16 AM
 #157

It is really sad to say that the unemployment rates in my country is keep climbing, the debt of our country is also growing because our government doesn't have sources anymore of funds in order to feed the poorest and the poor and give assistance to the people and even business that are affected by the COVID-19.

There are also a oot of major projects that are been postponed due to the lack of budget because of the pandemic. There is a recent research posted that it will take 10 years before our economy to fully recovered and it is really sad reality.
The government cannot control the whole economy, so they cannot do much against the economical damage of a pandemic. They will take some action (trying to boost the economy by various means), but the real economic situation will always determine the people's day-to-day life.



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July 09, 2020, 12:52:37 PM
 #158

It is really sad to say that the unemployment rates in my country is keep climbing, the debt of our country is also growing because our government doesn't have sources anymore of funds in order to feed the poorest and the poor and give assistance to the people and even business that are affected by the COVID-19.

There are also a oot of major projects that are been postponed due to the lack of budget because of the pandemic. There is a recent research posted that it will take 10 years before our economy to fully recovered and it is really sad reality.
The government cannot control the whole economy, so they cannot do much against the economical damage of a pandemic. They will take some action (trying to boost the economy by various means), but the real economic situation will always determine the people's day-to-day life.
Third world country had made struggle before in growing the economy even without the pandemic. Now that we are in pamdemic, it just make worst. However, there are certain countries could still manage to overcome and grow their economy just like china and other rich country. It would be easier for them to recover their loss after lending money to those who are in need nowadays. Through giving debts having with the interest this may manage to recover their losses now due to pandemic. Which means that in the long run it could be China and other rich country lending money would relatively easy and fast for them to recover.
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July 09, 2020, 01:51:20 PM
 #159

The impact of Covid-19 on the economy of our country has been swallowed by the coronavirus almost half of the world. This deadly disease has taken away lives, has ruined public life. Therefore the International Monetary Fund has stated that the Corona epidemic will affect the economic growth of the world. However, in the midst of this adversity the International Monetary Fund (IMF) has assured that the news of hope will change the situation along with the economic slowdown.

Kristalina Georgieva managing director of the International Monetary Fund said We expect a few per cent loss, but we expect a 0.1-0.2 per cent gain. She said this at the Global Women's Forum in Dubai.

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July 10, 2020, 02:33:22 PM
 #160

Since many people temporarily lose their jobs and a lot of businesses were closed due to the pandemic, the economy of a country has started to go down. I see in the news that my country's economy is stable and growing, but the truth is my country has huge debts in other countries so that our government could provide our country's needs.
Unfortunately for many people they have lost their jobs permanently as the business in which they worked disappeared and those that remain will probably begin to fire people as they are not generating as many profits as before, and while many are acting as if the pandemic is over the sad reality is that we have not seen the worst effects of the pandemic yet, once the second wave of the pandemic comes on the winter and we must face the pandemic plus other similar diseases the healthcare infrastructure will be put to test and if it is surpassed we are bound to see an increase in the lethality of the virus to the point that governments may be forced to close down the economy once again.

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July 10, 2020, 03:45:29 PM
 #161

It is really sad to say that the unemployment rates in my country is keep climbing, the debt of our country is also growing because our government doesn't have sources anymore of funds in order to feed the poorest and the poor and give assistance to the people and even business that are affected by the COVID-19.

There are also a oot of major projects that are been postponed due to the lack of budget because of the pandemic. There is a recent research posted that it will take 10 years before our economy to fully recovered and it is really sad reality.
The government cannot control the whole economy, so they cannot do much against the economical damage of a pandemic. They will take some action (trying to boost the economy by various means), but the real economic situation will always determine the people's day-to-day life.
Third world country had made struggle before in growing the economy even without the pandemic. Now that we are in pamdemic, it just make worst. However, there are certain countries could still manage to overcome and grow their economy just like china and other rich country. It would be easier for them to recover their loss after lending money to those who are in need nowadays. Through giving debts having with the interest this may manage to recover their losses now due to pandemic. Which means that in the long run it could be China and other rich country lending money would relatively easy and fast for them to recover.
Yes, it's very worst but there's a solution that should've done earlier to avoid this increase in unemployment that affects the economy. Some countries are very good at handling pandemic situation and the citizens are very lucky to have very competent leaders. Our country have a lot of debts right now and I doubt an increase in economic growth. We don't know if it's spent for the people or for their own benefits and other leaders are prioritizing some cases that aren't related to the pandemic situation we're facing.

China's money trap is very effective in this kind of situation, it's something related to the pandemic virus that spreads all over the world.
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July 11, 2020, 03:13:23 PM
 #162

As for what I can see and observe from the happenings being stated on the news and what I can see in my community, I can say that this pandemic have brought negative effects on my country's economy since mass production of goods are temporarily down which brings for the price of basic necessities to rise up due to public demand and shortage on supply. The economic sector is really affected on this because of no production being done for the past months of this pandemic that brings to have quarantine leading workers to stay at home except from nationa security personnel and medical practitioners.

The prices of livestocks have also increase although we have undergone a price freeze for a moment of time, still merchants are in need to earn their profit by increasing the price. What the point is that almost all sectors are directly and indirectly affected by this pandemic and it will really take time for the recovery to come using this "new normal" approach on the way of living while vaccine is still not yet discovered.
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July 11, 2020, 03:37:38 PM
 #163

As for what I can see and observe from the happenings being stated on the news and what I can see in my community, I can say that this pandemic have brought negative effects on my country's economy since mass production of goods are temporarily down which brings for the price of basic necessities to rise up due to public demand and shortage on supply. The economic sector is really affected on this because of no production being done for the past months of this pandemic that brings to have quarantine leading workers to stay at home except from nationa security personnel and medical practitioners.

The prices of livestocks have also increase although we have undergone a price freeze for a moment of time, still merchants are in need to earn their profit by increasing the price. What the point is that almost all sectors are directly and indirectly affected by this pandemic and it will really take time for the recovery to come using this "new normal" approach on the way of living while vaccine is still not yet discovered.
well very sad, in my country as well as all the economy was stopped because the death of pandemic victims increased.the pandemic is no longer in my country, yes even though there is no pandemic in the country the community still uses protocol rules to be vigilant. I hope that this pandemic will quickly disappear...?

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July 11, 2020, 04:42:00 PM
 #164

It is really sad to say that the unemployment rates in my country is keep climbing, the debt of our country is also growing because our government doesn't have sources anymore of funds in order to feed the poorest and the poor and give assistance to the people and even business that are affected by the COVID-19.

There are also a oot of major projects that are been postponed due to the lack of budget because of the pandemic. There is a recent research posted that it will take 10 years before our economy to fully recovered and it is really sad reality.
The government cannot control the whole economy, so they cannot do much against the economical damage of a pandemic. They will take some action (trying to boost the economy by various means), but the real economic situation will always determine the people's day-to-day life.
indeed all this was neglected due to the pandemic disaster. The government was also trying to find a way to prevent a deep global crisis from happening and we can only observe it? if like this continue to not find a solution in the future sooner or later it will definitely be severe that I do not want to experience. just pray that all these calamities disappear and return to activities such as...??

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July 11, 2020, 06:35:32 PM
 #165

   It's not good! It's all I have to say! Numbers are rising again, there's no quarantine but people don't get out, some sectors
suffer again. Demonstrations started against government, people are on the streets making everything even harder. Bad days,
bad year, how else to put it.
   As I see it's almost the same in many others countries. Demonstrations, Covidvirus, economy is falling apart. And I assume
that we will see worst days before we see good days again!



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July 13, 2020, 05:19:21 PM
 #166

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
Almost all government sectors are now getting downs caused by covid pandemic. The economy of all country that affected with this virus is near collapse that's why other country including my country impleting now a new normal to save the economy despite of the continuous increase of covid positive. It's really so sad. Let us pray that the experts will find the cure for this virus immediately.

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July 13, 2020, 05:46:57 PM
 #167

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

Our country is one of the high-risk countries from Covid-19. Because of the pandemic, lots of companies were forced to close their businesses and lots of people have lost their jobs. It is also expected that the tourism industry in our country would witness major impacts as it closed its borders to other countries. Our government is now on a deep debt just to sustain the whole country while fighting against this pandemic. Despite the lockdown and lots of restrictions, the number of infected people here is still rising. The situation is actually getting worse and we have no choice but to believe that everything will still get better and our economy could still recover.
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July 13, 2020, 08:50:29 PM
 #168

Our country is one of the high-risk countries from Covid-19. Because of the pandemic, lots of companies were forced to close their businesses and lots of people have lost their jobs. It is also expected that the tourism industry in our country would witness major impacts as it closed its borders to other countries. Our government is now on a deep debt just to sustain the whole country while fighting against this pandemic. Despite the lockdown and lots of restrictions, the number of infected people here is still rising. The situation is actually getting worse and we have no choice but to believe that everything will still get better and our economy could still recover.

That is sad to hear. Does your government somehow support their citizens? Monthly allowance? Support of a small and large business?
In my country government allocated some amount amount to dying industries like tourism and restaurant business (this is not the biggest source of income). But they are strangely selective. For example small business has almost no support, same is no allowance for those who pays taxes regular.

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July 13, 2020, 09:29:02 PM
 #169

Our country is one of the high-risk countries from Covid-19. Because of the pandemic, lots of companies were forced to close their businesses and lots of people have lost their jobs. It is also expected that the tourism industry in our country would witness major impacts as it closed its borders to other countries. Our government is now on a deep debt just to sustain the whole country while fighting against this pandemic. Despite the lockdown and lots of restrictions, the number of infected people here is still rising. The situation is actually getting worse and we have no choice but to believe that everything will still get better and our economy could still recover.

That is sad to hear. Does your government somehow support their citizens? Monthly allowance? Support of a small and large business?
In my country government allocated some amount amount to dying industries like tourism and restaurant business (this is not the biggest source of income). But they are strangely selective. For example small business has almost no support, same is no allowance for those who pays taxes regular.

In our country there was a monthly allowance given before, but I think they don't have the funds already for that now since they are not actively giving compared to the previous months. 

Thing is, monthly allowance is only possible as temporary support but this pandemic has gone longer than expected already, so the government will run out of funds, that is the reason they might to open the economy despite of the health risks to get funds to use for the pandemic, so it's really hard to expect at the moment since our economy are in trouble and we should be working well to ensure that we can survive.

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July 13, 2020, 10:08:21 PM
 #170

In our country there was a monthly allowance given before, but I think they don't have the funds already for that now since they are not actively giving compared to the previous months. 

Thing is, monthly allowance is only possible as temporary support but this pandemic has gone longer than expected already, so the government will run out of funds, that is the reason they might to open the economy despite of the health risks to get funds to use for the pandemic, so it's really hard to expect at the moment since our economy are in trouble and we should be working well to ensure that we can survive.
Sooner or later all the countries will have to open the businesses again (if they haven't done yet). It's impossible to give free money to millions of citizens every month while the productive sector doesn't work properly.
We are all being affected by this pandemic, but it can only get worse if the government keeps forcing people to stop working to stay at home. Where I live economical activities are slowly normalizing, although the infection rates aren't decreasing. But as there isn't a perfect solution for now, I don't see it negatively...

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July 14, 2020, 03:00:25 PM
 #171

Our country already have a lot of debt even before the pandemic and our Government can't afford to pay it. Now, its pandemic our debt grown but still lot of my fellow citizens are not in good condition. Some has no food to eat while other lose their job. Almost all offices and establishments stop their operation during lock down. Even a one day stop in any operation, can have an effect of million of lose. So what more if it is weeks, month or moths.
national or global economy will stop growing if this condition continue for long time. no more people will able to fullfill their daily needs, their personal income and spending will decrease alot. many manufacture industry could not survive in this condition and there is no another way to cut some employees.

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July 14, 2020, 03:58:00 PM
 #172

Economy of those very affected county will surely collapse if this pandemic continue for a long time. Hoping that the cure will be find earlier. Also the life of many people getting worst because the unemployed keep on increasing and the food supply is not enough and other people doesn't have money to buy their daily needs. How the economy recover if the covid 19 virus continue to spread and give difficulty to the life of the people.

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July 14, 2020, 04:28:25 PM
 #173

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
In our country a lot of destruction has been done because of this pandemic. One is private schools tend or force to have their classes in any means just to get income because they are depending on students monthly fees unlike public schools without opening of classes for several months or years teachers can still live the same because they still receive their monthly salary. One thing a lot of seafarers are being standby because no air transportation are permitted to fly. Locally a lot of people lost their jobs because a lot of companies are being close. Maybe all of us felt the hardship of this time, I just hope and pray that somebody can discover medicine for this virus.
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July 14, 2020, 08:10:49 PM
 #174

In our country a lot of destruction has been done because of this pandemic. One is private schools tend or force to have their classes in any means just to get income because they are depending on students monthly fees unlike public schools without opening of classes for several months or years teachers can still live the same because they still receive their monthly salary.

Funny situation was in my country during strict lockdown. Most of the employee were sent home to work from there, everything were closed, schools were closed (even though kids have to study remotely), but kinder garden and private kinder gardens were open. Such a stupid decision. If you have a kid that goes to kinder garden, you must either be with him at home, or sign the paper that you take all responsibility if he gets sick...

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July 16, 2020, 01:43:02 PM
 #175

This pandemic have brought a serious negative impact on the country where I currently reside which is based on what I can see on my community as well as what I can hear and read on the news. We belong to the third world country which is basically we are having a hard time managing to start up our country's economy since the pandemic have started. All of us have been seriously and directly affected because of the implementing community quarantine that let us to stay at home with a no work no pay basis but some are lucky to work from home which depends on the work they have.

Covid-19 pandemic have serious effect on our economy since we have temporarily close down the business establishments that suddenly makes people jobless and makes the good and services limited to exhibit physical distancing and stay at home policy. Currently, our country do still have a rising case of infected but our economy is slowly being open following the new normal set up that is established by our government. Hopefully in the upcoming months, our economy will slowly recover from the economic declination we have because of the pandemic.

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July 16, 2020, 05:10:08 PM
 #176

This covid19 has a huge impact to our country's economy so most do not have work. People are struggling to survive since the government cannot provide all the necessity of many. Business were affected due to close and still in community quarantine.  Actually globally are suffering this kind of crisis so hoping this would end, we could go back to normal and there is an availability of vaccine.
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July 17, 2020, 03:26:04 AM
 #177

The global epidemic caused by the new coronavirus is one aspect of this crisis. Another serious aspect is the economy. The crisis has plunged the global economy into a catastrophe. The coronavirus has directly hit sectors such as retail, housing, education, entertainment, hotels and restaurants. This is called the beginning of the cataclysm. The retail sector was already under pressure from e-commerce sites. It is now in a crisis of existence in rich countries as issues like lockdown are now associated with it. In many cases, it may be seen that in the current situation, the closed shops may not reopen. This is a situation where one can only hope to return to normal life. It may not be possible to recover from the economic damage that has been done and is being done.
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July 17, 2020, 06:21:40 AM
 #178

This covid19 has a huge impact to our country's economy so most do not have work. People are struggling to survive since the government cannot provide all the necessity of many. Business were affected due to close and still in community quarantine.  Actually globally are suffering this kind of crisis so hoping this would end, we could go back to normal and there is an availability of vaccine.
There is a good effect also  because many of those people that lose their jobs are now starting to learn having business.
More online small entrepreneur now are building their own businesses.

Here in our community so many skills had been developed this pandemic.

Some are cooking skills and some are physical skills towards services.

Meaning let us not just look for the negative effect instead try to check the positive.









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July 17, 2020, 12:10:32 PM
 #179

This covid19 has a huge impact to our country's economy so most do not have work. People are struggling to survive since the government cannot provide all the necessity of many. Business were affected due to close and still in community quarantine.  Actually globally are suffering this kind of crisis so hoping this would end, we could go back to normal and there is an availability of vaccine.
There is a good effect also  because many of those people that lose their jobs are now starting to learn having business.
More online small entrepreneur now are building their own businesses.

Here in our community so many skills had been developed this pandemic.

Some are cooking skills and some are physical skills towards services.

Meaning let us not just look for the negative effect instead try to check the positive.
Most people who temporarily lost their jobs due to the pandemic of COVID-19 are starting to make their own online business for them to support the daily needs of their family, but there are some online business owners and online sellers who don't have enough earning to support all of their necessities and pay their monthly bills, that is why a lot of people still look and apply for a regular job.

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July 17, 2020, 01:43:25 PM
 #180

The impression is that everything has turned upside down. People are in poverty because they do not have the money to pay their bills and even very often do not have the opportunity to buy their own food. In addition, it is very significant that large industries, owned by oligarchs and members of government families, work without problems and make a profit, but they have introduced other work schedules and rules for people to reduce wages and the number of workers, explaining that that there is no demand for products. At the same time, small businesses are practically dying, since no one gave them permission and opportunities to work due to quarantine. I have no idea how long people will endure such a situation in the country.

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July 17, 2020, 03:26:13 PM
 #181

COVID- 19 stagnant world economy. From Asia to Europe, from America to Australia or Africa - closed shops, businesses everywhere production has also come down to almost zero quotas. The coronavirus epidemic has virtually shut down air travel around the world. The tourism sector stagnated locks are hanging everywhere including hotels and food shops. Human civilization, which is running at the speed of a storm, has suddenly stopped. The more it does, the more the damage will increase. For the last two months, the pace of industrial-trade-globalization, environmental pollution, everything has come to a standstill due to Corona's injury. But in the Corona-Northern world, no one still knows when people will leave home and go back to work.
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July 17, 2020, 03:36:30 PM
 #182

Covid-19 has affected every economy of my country; the most affected one has to be commerce and production. Starvation everywhere, there had better be a vaccine to curtail this disastrous disease else everyone would die of other economic shambles before Covid-19 itself. People have lost jobs, there is incremental force in inflation and unemployment is on the high rate. How do people cope? Couple with the fact that this is a developing nation, we lack too many facilities to keep our economy going. Children have not resumed to schools, parents would struggle to send back their children back to schools eventually when the government gives orders for reopening of schools.

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July 18, 2020, 02:01:55 AM
Last edit: July 19, 2020, 08:45:03 PM by CHENIEN
 #183

The situation is hard to make a mistake about rewards after the pandemic viruses and the settlement regarding frontline staff during this time for survival is having sentimental value. I think it is a surge towards in the new generation on the different countries economy. I remember from the past on how many cases of the epidemic to conquer by our health care system despite all they deserve it .

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July 19, 2020, 01:32:13 PM
 #184

We all already know that most part of the world has been affected by covid 19 and so my country has not been left out. Large population of people in my country has lost their livelihoods as they depend on their daily activities for sustenance due to issue of restrictions in movement from one place to another

The sector of my country's economy going down day by day is Education sector and this is as a result of negligence of our leaders as they refused to invest properly in Education

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July 19, 2020, 11:30:51 PM
 #185

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

First of all, it is a terrible time for all countries. Already for 5/6 months, everyone has been fighting this pandamic situation.
At this time, the country's economy is suffering the most. The sectors on which the economy of a country depends are closed. Such as the garment industry, various ministries, etc. Large private companies have also closed. In this situation, the condition of the country's economy can be said to be very deplorable.We don't know when we will get rid of it.

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July 20, 2020, 02:46:58 AM
 #186

It has a huge effect on our country the same as the other countries. Even though the infrastructures start their operation again, we are still facing a hard time recovering the economy. Due to the messy decision making of our government, there are so many mistakes that have been done that's why our country's economy is not in good shape.



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July 24, 2020, 01:38:27 PM
 #187

Covid-19 causes people live suffer so hard and make daily life so unpeaceful.We Actually don’t  know when we get back to normal life.It takes long time to get recover.In my country Medical treatment was not enough to provide the all affected people.Government already took many action but Government service provider are  all corrupted pepole. Everywhere they full fill their own Pocket heavy  so the thing  is not good.Primary level pepole can not find the general services of hospital they are facing many problems.Government Look closely this situation. 

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July 24, 2020, 02:53:19 PM
 #188

Amid with the existence of covid-19 pandemic, I can say that its effect on the economy of the country where I currently reside is really negative. It is all due to the reason that our country have experienced a serious economic declination due to the 3-4 months community quarantine being implemented by our government as a response to prevent the further spreading of the infectious disease which brought business establishments to be temporarily close as set by the guideline by our health officials and the department assigned to take care of the issue regarding this pandemic.

The effect was clearly reflected on our economic status because many people are tend to stay indoors which make them jobless because work places are closed for a while. With that, the production of goods and services were temporarily postponed and stop that brings shortage and lack to the basic necessities of people because local government tend to maximize all goods to be distributed on affected families as ordered by our president.

With the economic declination and the need to sustain the needs of the citizens that are affected by the pandemic, our government have already make a move of borrowing funds from the World Bank which clearly states that we are running out of fund and that means our economy is facing a serious negative effect because of the pandemic. Up until now, we are still struggling to recover our economic loss following the "new normal" set up which will gladly lessen the declination and will somehow help our economy to recover which will of course take time to happen.
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July 24, 2020, 08:48:04 PM
 #189

Here, in my country, many people cannot work because we must stay at home. This makes some economic sectors to be paralyzed. For example tourism, traditional markets, public transportation, and many other sectors that are involved in many people. Therefore, most people in my country are hard to get income, they begin to force themselves to go outside even if to face big risks of being exposed by the virus. To be honest, government support is lacking here. People are trying to recover their financial/economic problems themselves.  Cry

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July 24, 2020, 10:39:05 PM
 #190

It has a huge effect on our country the same as the other countries. Even though the infrastructures start their operation again, we are still facing a hard time recovering the economy. Due to the messy decision making of our government, there are so many mistakes that have been done that's why our country's economy is not in good shape.

Well, the pandemic is enough to make economy in a bad shape, adding the government's wrong and messy decisions there then that is just worst. Our government are also having a hard time dealing with the pandemic, that is the same with out countries but the problem is that they are not mainly focussing on the main problem that they even created a law to protect themselves to the public.

Instead of them talking whats wrong, they don't admit it and keep in doing what they think is right without listening to their people. Most of their decisions even caused the increase of the cases here.

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July 25, 2020, 06:17:26 AM
 #191

Indonesia is a developing country with a population of around 267 million people with a large foreign debt of USD 389.3 billion. Indonesia was a country that greatly underestimated corona at first. When many other countries have contracted corona, Indonesia's positive cases are still zero. Early March 1,2,3 patients were found, now the number of corona positive patients is (Positive 38,277, Healed 14,531, Death 2,134).

.

in my opinion the corona case in our country is not as bad as reported, a lot of media coverage and reporting on a large scale, and some elements also take advantage of this situation to take advantage, if indeed the number of cases is actually the same as reported should be now more cases, but what happened, I saw that around the crowd no one was wearing a mask or had to make a minimum distance of 1 meter, I was not underestimating corona but it seemed that this case had been manipulated by some elements to take advantage.

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July 25, 2020, 09:51:55 AM
 #192

in my opinion the corona case in our country is not as bad as reported, a lot of media coverage and reporting on a large scale, and some elements also take advantage of this situation to take advantage, if indeed the number of cases is actually the same as reported should be now more cases, but what happened, I saw that around the crowd no one was wearing a mask or had to make a minimum distance of 1 meter, I was not underestimating corona but it seemed that this case had been manipulated by some elements to take advantage.

I got the actual information from several colleagues who were directly involved. There were several possibilities for manipulation because many parties were investing in rapid test equipment, if the corona decreased, the investment would bring in huge losses. The pandemic issue has been monetized in order to bring benefits to several parties, and there are even a number of hospitals that are miserably diagnosing patients with covid so they can get incentives from the government.

Society is already immune to Corona because it's not too frightening for many people, because in their minds what is even scarier is not having money. Many people's minds have changed, the effects of terror of death due to corona are no more terrible than the effects of hunger. Continuous information about covid solutions is only a vaccine, making people consider living with covid is a new normal and they just need to adapt.

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July 25, 2020, 10:08:13 AM
 #193

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

It’s terrible. Definitely terrible. Cases are still rising in the Philippines due to the incompetent decisions of the government. Just yesterday, LSIs (Locally Stranded Individuals) are staying at a big memorial complex where social distancing was not practiced, and it was conducted and organized by the national government before they will be sent home to their respective provinces courtesy of the LGUs (Local Government Units).

Each city and province are classified in different levels of quarantine (according to strictest):

1 - Enhanced Community Quarantine (ECQ or simply hard lockdown)
2 - Modified Enhanced Community Quarantine (MECQ or slightly lockdown)
3 - General Community Quarantine (limited movement of people only for buying essential goods and services, businesses at limited capacity, borders closed)
4 - Modified General Community Quarantine (only seniors and children below 21 years old are not allowed to go out, most businesses resumed at limited capacity, borders closed)

In case that some low quarantine areas are having some infected patients, there is what we call granular lockdowns like sealing off a house or group of houses or an entire area (barangay or purok) within the radius for 2 weeks, while the LGUs are the ones providing essential goods to the affected.

Most businesses here are filing of bankruptcy or ceasing operations due to huge losses during the pandemic. Huge effect in our economy nowadays. 

Pla
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July 25, 2020, 10:18:56 AM
 #194

Indonesia is a developing country with a population of around 267 million people with a large foreign debt of USD 389.3 billion. Indonesia was a country that greatly underestimated corona at first. When many other countries have contracted corona, Indonesia's positive cases are still zero. Early March 1,2,3 patients were found, now the number of corona positive patients is (Positive 38,277, Healed 14,531, Death 2,134).

.

in my opinion the corona case in our country is not as bad as reported, a lot of media coverage and reporting on a large scale, and some elements also take advantage of this situation to take advantage, if indeed the number of cases is actually the same as reported should be now more cases, but what happened, I saw that around the crowd no one was wearing a mask or had to make a minimum distance of 1 meter, I was not underestimating corona but it seemed that this case had been manipulated by some elements to take advantage.
all the news reported in the media or television did not match what was reported. I am sure of that. I have compared the news with the number of victims of the pandemic not according to what was reported.I don't know what. My comparison of every report in the media I look for on the web news where affected by the number of pandemics is not appropriate. Behind the scenes all this is nothing actual. The government is playing with us.very sad to be treated with this..

R


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July 25, 2020, 11:25:22 AM
 #195

World crisis is inevitable because of the effect of corona virus scares that threaten many lives at risk and already killed thousands of people all over the globe. This pandemic brought negativity towards the economy that many people losses their jobs because of majority of business were force to shutdown in our country due to danger the lives of employees. Vaccine will only be our savior and that's one thing we need to have as soon as possible. 

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July 25, 2020, 11:37:56 AM
 #196

World crisis is inevitable because of the effect of corona virus scares that threaten many lives at risk and already killed thousands of people all over the globe. This pandemic brought negativity towards the economy that many people losses their jobs because of majority of business were force to shutdown in our country due to danger the lives of employees. Vaccine will only be our savior and that's one thing we need to have as soon as possible. 

Vaccine is not just the answer, it is always the people and the government.

Remember that there are countries that flattened the curve without the vaccine. That just proves that disciplined people and great decision skills of the government could stop the contamination of the virus. It is much better with the vaccine and if Russia is done with it, this would be better.
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July 26, 2020, 01:06:14 AM
 #197

Our government is keep borrowing a lot of money from other nations and it seems that we are now highly in debt because of the pandemic, the economy in my country is keep shrinking even though the businesses are now starting to operate again. All of the citizens of our country is affected because of the virus and it seems it will take a long period of time before a vaccine to be discover in order to return to our normal lives like before. The global economy now enters global depression, it is also expected that many people around the world are suffering because of the pandemic.
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July 26, 2020, 05:02:42 AM
 #198

to be honest, at this time my country adopted a new protocol, and that made activities return to normal in the midst of this pandemic. I also feel that at this time the economy in my country has started to improve. although previously COVID really affected the economic system in my country to create a lot of new unemployment, but now the recovery has begun.
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July 26, 2020, 07:56:47 AM
 #199

In my country there's a minimal improvement in the economy, establishments has already begun to operate with guidelines to be followed to keep their people safe and to prevent from getting infected, but it is really struggling to those people who goes to work due to lack of transportation because public transportation were still suspended. And even though many have lost their jobs most of the people trying to find some alternative ways on how to earn. Sad to say that the number of infected here are continues to increase,and the government has no control over it.
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July 26, 2020, 01:27:18 PM
 #200

Almost all countries have experienced the crisis due to the coronavirus. Many industries have suffered in my country, I think as in many other countries - transport, trade, restaurants, cafes, cinemas. A large amount money was allocated from the country's budget to pay for the work of medical workers but it's insufficient. In addition, the national currency has strengthened, because of this, the prices for locally produced goods have risen. We had a crisis before the virus but now it's even worse.
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August 23, 2020, 05:30:32 AM
 #201

to be honest, at this time my country adopted a new protocol, and that made activities return to normal in the midst of this pandemic. I also feel that at this time the economy in my country has started to improve. although previously COVID really affected the economic system in my country to create a lot of new unemployment, but now the recovery has begun.
The new protocol is the New Normal?

actually the whole world is implementing that because nothing will happen good in economy if we continue Locking down the people.

there are so many people that losses their Job and need to go around and find profiteering and this is the best way to help them out so they need not to asked government for help.

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August 23, 2020, 12:43:10 PM
 #202

In my country (India), the economic situation still remains in a perilous state. The government has lifted lockdown, but the economy is in a dormant state. People are not stepping out of their houses, unless there is an emergency. This obviously means that businesses such as restaurants, tourist resorts, transport.etc are facing financial ruin. And worse still, this may continue for another 4-5 months at least.
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August 23, 2020, 01:14:35 PM
 #203

I think the thread is monitoring the progress of controlling corvid around the world for over 2 months. There is more concern with the production of Vaccine at the moment and lot of progress had been made but such a sensitive project that deals with life requires proper assessment, although some part of the world are still expecting the second wave, at the moment, data on the casualties are concealed/controlled from the media and the world at large to prevent some reactions.
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August 23, 2020, 05:18:49 PM
 #204

In my country Indonesia, the economic system is in decline, many offices closed at the start of the pandemic, traditional markets and tourism are closed. Many people were laid off and unemployed, but over time new normal protocols emerged that made all lines of the economy slowly reopen. with the hope that everyone will return to their normal normal situation and the people will return to live in prosperity.
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August 23, 2020, 05:31:40 PM
 #205

In my country Indonesia, the economic system is in decline, many offices closed at the start of the pandemic, traditional markets and tourism are closed. Many people were laid off and unemployed, but over time new normal protocols emerged that made all lines of the economy slowly reopen. with the hope that everyone will return to their normal normal situation and the people will return to live in prosperity.

It still takes time to materialize but we must be optimistic and I agree that the opportunity for the economy to run well is really needed so that all can also get a wage for life's needs.

but there is renewable news that UNAIR has found a covid drug and is just waiting for the POM agency's permission to get a distribution permit.

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August 24, 2020, 01:23:14 AM
 #206

The whole world is now engaged in the Corona War. States that are struggling to save lives have more of a troubled economy. The number of hungry and jobless people is increasing across the country. Agriculture and construction sector play a big role in our economy. No matter how much we talk about exports, it is not under our control. The goods may not return to the place where they were exported.


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August 24, 2020, 05:51:53 AM
 #207

The Philippines is a third world country and obviously, my country is not ready nor prepared for this pandemic that suddenly arises from nowhere. When it was just starting, the government did not see that this will harm thousands and millions of people across the world that is why they did not ban travel flights immediately which made positive cases in the country increase rapidly.

For the past months of quarantine, the government is giving financial aid using different sectors of the government but it still not enough to feed all starving families that were affected by the sudden lockdown. What I can say is that our government is continuously borrowing money and this will put our country in great debt. Schools are suspended, while the Department of Education is still debating whether to freeze school year while there is no vaccine or to resume classes by August. Online classes won't be effective for everyone since not everyone has access to the internet.

While employees are starting to go back to work with the implemented new normal protocols, but it is still a struggle for everyone to travel because of the lack of transportation. There is also a lot of political issues and problems we are facing even in the middle of the pandemic, even protests outside. Overall, it's not like the government has not done anything, it's just that it's not enough for everyone and there are still lacking when it comes to finding a solution for this pandemic and the economy

Are you in Colombia?
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August 24, 2020, 06:29:24 AM
 #208

In my country Indonesia, the economic system is in decline, many offices closed at the start of the pandemic, traditional markets and tourism are closed. Many people were laid off and unemployed, but over time new normal protocols emerged that made all lines of the economy slowly reopen. with the hope that everyone will return to their normal normal situation and the people will return to live in prosperity.
It's not only Indonesia that is in that kind of situation. Many countries have or had their economies down during the lockdown. But with the help of the policies imposed, businesses are slowly opening as well as other establishments. At least, a country's economy have its way to bounce back despite all the setbacks. It may not be that fast for everything to go back to normal but at least there's hope.

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August 24, 2020, 10:06:13 AM
 #209

Here in the Philippines, we are now close to 200k cases (now standing at 194k+ as of today). Each city of province are classified into different levels of lockdowns.

ECQ (Enhanced Community Quarantine) - Level 4 (highest quarantine level, strict lockdown)
MECQ (Modified Enhanced Community Quarantine) - Level 3
GCQ (General Community Quarantine) - Level 2
MGCQ (Modified General Community Quarantine) - Level 1 (lowest quarantine level)

Because of that, more and more Philippine-based companies have closed and filed for bankruptcy. There are some who even closed after 3 or 4 decades of service (not to mention ALA Boxing where it produced boxing champions like Donnie “Ahas” Nietes). On top of that, lots of citizens have lost their jobs.

Presidential spokesman Harry Roque was even “happy” that only 45% of the Filipinos have lost their jobs. Does it really making us happy when these 45% are losing their jobs? Absolutely not!

I also don’t like the incompetence of the local and national government, especially in handling this COVID-19 crisis. I love the Philippines, but not the government due to corruption.

Even my sister’s franchising business was also closed after a year in awarding them with the most number of sales on their first month of operation. Now it was all gone due to this pandemic.   

I’m just thankful that I hanged on in being a home-based worker for various crypto and blockchain projects and gigs. Even though it’s not much, but they helped me with my basic needs such as paying bills and other expenses.

Pla
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August 24, 2020, 11:13:59 AM
 #210

The general effects are same in all over the world like the economic crisis and closed schools. In my country All the school and colleges are currently still closed and the students are using the virtual education methods with the teachers. Also, unfortunate, many people lose their job and experiencing real hard time with their families. For example, The traditional shopkeepers can't work anymore since the stores are closed. But in the hand, many people are forced to learn and start working with the digital markets due to the huge demands, Also we have many young people learning attracted and to the stocks, crypto and bitcoin world.

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August 24, 2020, 04:58:49 PM
 #211

many countries have experienced a decline in their economies due to covid-19. The economy in my country has fallen greatly because the number of people who are positively affected by the corona virus, even though many have recovered, but those who are newly exposed to the corona virus are still increasing every day. the effect of the economic downturn in my country, namely from the trade sector, for foodstuffs and clothing to be expensive because of the small supply, and the very expensive transportation costs.

I think the only country that is expected to grow their economy is China, every other country on this world will see drops in their GDP. In my country the government is taking the most losses as they are paying the companies to keep on the staff. Especially the Service Industry and Hotels in particular saw a huge drop in their revenues. Unemployment is not yet strongly on the rise as long as the governement is paying part of the wages. It all depends on how severe the second wave of corona is going to be. The affects on the economy will likely be delayed by 6 month.
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August 25, 2020, 07:29:03 PM
 #212

World crisis is inevitable because of the effect of corona virus scares that threaten many lives at risk and already killed thousands of people all over the globe. This pandemic brought negativity towards the economy that many people losses their jobs because of majority of business were force to shutdown in our country due to danger the lives of employees. Vaccine will only be our savior and that's one thing we need to have as soon as possible. 

The vaccine will not save us from the crisis. The crisis was inevitable, the coronavirus only brought it closer. Although even now we have not entered its main stage.
The economy always moves in a cyclical manner, the rise is replaced by a recession and recession is followed by a rise. Global economic indicators have long been overheated and need some shake-up.


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August 25, 2020, 08:28:52 PM
 #213

I think the only country that is expected to grow their economy is China, every other country on this world will see drops in their GDP. In my country the government is taking the most losses as they are paying the companies to keep on the staff. Especially the Service Industry and Hotels in particular saw a huge drop in their revenues. Unemployment is not yet strongly on the rise as long as the governement is paying part of the wages. It all depends on how severe the second wave of corona is going to be. The affects on the economy will likely be delayed by 6 month.

The second wave is already underway in some of the countries such as Spain and the United Kingdom, while other nations such as the United States and Brazil are still reeling from the first wave. And the country where this virus originated (China) is now back to normal life, as they have successfully managed to contain the pandemic (as of now, they are having a total of 386 active cases).
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August 26, 2020, 12:52:48 AM
 #214

Our country had been affected in so many ways when covid-19 started to strike us here. As of the moment, we are getting worst as we can see the medical and health sector is battling more and more cases everyday and we are running out of resources for we only have a few. Almost all sectors were dying and a lot of people are starving and eventually, our economy has dropped down. Yes, nobody could predict when all this crisis should last. We are just hoping for the Sputnik V vaccine from Russia to be released and our Government are now coordinating and we people are much willing to participate in vaccine Mass Testing and hopefully it will turn out better so we can all be back and face our lives once again with courage and great pride to lift up our country's economy.
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August 26, 2020, 01:10:53 PM
 #215

many countries' economy is affected by this pandemic.. It is unpredictable! people never thought that they're gonna loose their job and being affected by recession..many company and business loss profits and income that made them stopped to operate.. people can noy afford to loss their source of income especially in third wolrd countries as they can not depend on their government's support..it was really hard to recover in terms of economic aspects.

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September 05, 2020, 10:13:42 AM
 #216

its right, every country facing lot of financial problem, country like developing countries facing too much, because they have many problems at a time like establishing poverty, fill the installment etc. and the main effect is covid-19 so country all budget serving in there, that why its effecting much
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September 05, 2020, 12:24:45 PM
 #217

its right, every country facing lot of financial problem, country like developing countries facing too much, because they have many problems at a time like establishing poverty, fill the installment etc. and the main effect is covid-19 so country all budget serving in there, that why its effecting much

Even if the developed nations are facing any issues, they know how to deal with it. Because they either have enough reserves of cash to get around, or can borrow money at low interest rates. That is not the case with the developing nations. For example, in Q2 the Indian GDP went down by a massive 24%, which is much more than what the developed nations experienced.
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September 05, 2020, 02:49:42 PM
 #218

For the past six months, our Government is trying to help those jobless people which include jeepney drivers since public transpo are not allowed during the ECQ period. For those who are employed in private sectors, Government told to provide the 13th month pay earleir than expected so it can be used during ECQ because if they cannot WFH they will have no source of income.
For the month of March to April, the main business district was in under ECQ. Almost all the operation were stopped except for those who work from home, medical staff, and some food vendors. Of course it will cause the economy to go deep down.

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September 05, 2020, 04:26:19 PM
 #219

It affects a lot there are more business here are shutdown and worse part is some of them are totally closed. Many people lost their job because of the pandemic. Hopefully the vaccine will discover as soon as possible so there's a chance that everything backs to normal.
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September 05, 2020, 04:34:53 PM
 #220

It affects a lot there are more business here are shutdown and worse part is some of them are totally closed. Many people lost their job because of the pandemic. Hopefully the vaccine will discover as soon as possible so there's a chance that everything backs to normal.
The chances of vaccination of people until the end of December are very less as even after the development of the vaccine there would be testing of the vaccine on the human test subjects and even by the WHO too, which will take a lot of time as being impatient in case of a new vaccine can actually cost millions of lives if there is something wrong with the vaccine.
Even in my country the GDP for this quater have fallen drastically and a lot of people have become jobless and many businesses have also closed because of bankruptcy.

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September 05, 2020, 04:46:43 PM
 #221

its right, every country facing lot of financial problem, country like developing countries facing too much, because they have many problems at a time like establishing poverty, fill the installment etc. and the main effect is covid-19 so country all budget serving in there, that why its effecting much

Even if the developed nations are facing any issues, they know how to deal with it. Because they either have enough reserves of cash to get around, or can borrow money at low interest rates. That is not the case with the developing nations. For example, in Q2 the Indian GDP went down by a massive 24%, which is much more than what the developed nations experienced.

It's not the only country many countries experienced all time high for the first time, because nobody expected this to happen, it's hard to anticipate this we can deal with typhoon, earthquake or famine but not a pandemic that is ravaging the economies of many countries, and right now we have to wait for several months for the vaccine we are all in a survival mode now.
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September 05, 2020, 05:30:22 PM
 #222

It's not the only country many countries experienced all time high for the first time, because nobody expected this to happen, it's hard to anticipate this we can deal with typhoon, earthquake or famine but not a pandemic that is ravaging the economies of many countries, and right now we have to wait for several months for the vaccine we are all in a survival mode now.

Well.. I have to agree with your statement. Even the WHO had no clue about it, at least during the beginning. Most of us thought that one or two months of lockdown will be enough to stop the spread of the pandemic. But we were wrong. Although it is true that the lockdown slowed down the spread, once it was removed millions got infected and large numbers died. And now it is not practical to re-introduce the lockdown measures. Since there is community spread, it will be of hardly any use in slowing down the pandemic spread and at the same time it will completely destroy the already crippled economies.
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September 05, 2020, 05:52:00 PM
 #223

its right, every country facing lot of financial problem, country like developing countries facing too much, because they have many problems at a time like establishing poverty, fill the installment etc. and the main effect is covid-19 so country all budget serving in there, that why its effecting much

Even if the developed nations are facing any issues, they know how to deal with it. Because they either have enough reserves of cash to get around, or can borrow money at low interest rates. That is not the case with the developing nations. For example, in Q2 the Indian GDP went down by a massive 24%, which is much more than what the developed nations experienced.

Also the covid-19 give the insights to the governments on how well they can handle the pandemic. Even the developed countries in the EU like Italy faced a lot of trouble handling the increase number of patients. The hospitals in newyork were also not able to handle the pandemic properly and there was a lot of causalities.









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September 05, 2020, 06:14:00 PM
 #224

All countries that experience a pandemic will definitely have an impact on the economy and will be problematic, and I pay more attention to the economy of people who have difficulty earning income in every way and especially the lower middle class.
Many workers were laid off and also temporarily laid off without pay during this pandemic and in addition, many traders large and small have limited trading hours and it is all because of government regulations.
I see them all complaining that they have no income or that their income is reduced because of the regulations imposed by the government which make their economy very disturbed.

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September 06, 2020, 03:17:32 AM
 #225

The UN’s Framework for the Immediate Socio-Economic Response to the COVID 19 Crisis warns that “The COVID-19 pandemic is far more than a health crisis: it is affecting societies and econ­omies at their core. While the impact of the pandemic will vary from country to country, it will most likely increase poverty and inequalities at a global scale, making achievement of SDGs even more urgent.

Assessing the impacts of the COVID-19 crisis on societies, economies and vulnerable groups is fundamental to inform and tailor the responses of governments and partners to recover from the crisis and ensure that no one is left behind in this effort.
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September 06, 2020, 05:05:07 AM
 #226

its right, every country facing lot of financial problem, country like developing countries facing too much, because they have many problems at a time like establishing poverty, fill the installment etc. and the main effect is covid-19 so country all budget serving in there, that why its effecting much

Even if the developed nations are facing any issues, they know how to deal with it. Because they either have enough reserves of cash to get around, or can borrow money at low interest rates. That is not the case with the developing nations. For example, in Q2 the Indian GDP went down by a massive 24%, which is much more than what the developed nations experienced.

Also the covid-19 give the insights to the governments on how well they can handle the pandemic. Even the developed countries in the EU like Italy faced a lot of trouble handling the increase number of patients. The hospitals in newyork were also not able to handle the pandemic properly and there was a lot of causalities.

I was not talking about the treatment of patients or preventing the infection. I was talking about the condition of the economy. It is true that the European nations faced a lot of issues in the medical sector. There are many reasons, such as a high proportion of elderly people in the population and shortage of qualified medical professionals. But in most cases, their economies have rebounded. That is not the case with countries such as India and Brazil.
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September 10, 2020, 10:08:01 AM
 #227

We are in the brink of collapsing if we cannot get loans, some of the budget allocated for infrastructure are already redirected to CoVid rehabilitation of so many sectors of our society, inflation is on all time high and GDP is also on record low, even the jobless, we are recording all time high and we are the highest infection in the region, we are all praying that the vaccine will be ready next year.

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September 10, 2020, 10:31:09 AM
 #228

When the pandemic comes, many economies have gone down, maybe 100% because all countries have close relationships with each other. Especially in the tourism industry, this year will be a year of tribulation for countries focusing solely on the tourism service industry. Everything is going down but one thing that I wonder is the stock market in some countries still going up. especially the US, the US is the country with the largest cases in the world and it is impossible for their stock index to rise. Does anyone know why?


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September 10, 2020, 03:17:44 PM
 #229

The Philippines economy during the past months declined due to the pandemic crisis. Many sectors and business industries collapsed due to restrictions made by the government for safety purposes.

One of the severly affected during the first months of lockdown/quarantine is the tourism industry. A lot of airlines, travel agencies, and tourist spots were forced to close and postpone operations because of closing of borders to contain the virus.

Another sector that took a great blew was transportation. Goods weren't able to transport from provinces to the metro because of quarantine rules. In addition, public transportation were also limited to prevent people from going outside. Because of this, many people became unemployed especially the drivers. Majority of the jeepney, taxi, bus, tricycle, and uv express drivers have limited to no source of income because they're still not allowed to work and operate.

There were cash aids given to those who are in need, but not everyone received help from the government. That's why it was all over the social media and news that some people resort to begging on the streets just to buy food to survive.

Personally, I am not satisfied on how our government is handling this pandemic. We already have almost a 2 TRILLION debt because of this crisis. And yet, minimal issues were addressed. I don't know where the money went. There were no liquidation reports nor detailed breakdown of the budget. They even tend to address the very unimportant matters instead of focusing on how to contain and combat the virus. There are lots of nonsense projects going on. Instead of funding the health sector, they are spending money on some stupid white sand along Manila Bay. Not to mention, there are corruption issues in our health sector, PhilHealth which is really disappointing.

Honestly, I think our country's economy will suffer greatly if this pandemic won't be over soon. We don't have a brilliant and strategic leader to lead us. Hence, will soon result to more borrowing of money with no beneficial outcome at all. It will then be shouldered by the taxpayers and would take a very longggg time to pay for.
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September 11, 2020, 12:18:10 AM
 #230

Indonesia has suffered a lot of losses due to this pandemic, especially in the industrial and tourism sector, due to the pandemic many industries have closed, and the tourism area is very quiet, everyone knows that the island of Bali in Indonesia visited by millions of people from abroad, now is very quiet without visitors, I think the only sector that is not affected is the agriculture and fisheries sector, maybe they are also affected but in my opinion it is only a little
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September 11, 2020, 01:23:46 AM
 #231

Honestly, I think our country's economy will suffer greatly if this pandemic won't be over soon. We don't have a brilliant and strategic leader to lead us. Hence, will soon result to more borrowing of money with no beneficial outcome at all. It will then be shouldered by the taxpayers and would take a very longggg time to pay for.
It is expected, taxpayers will suffer because of these loans taken by the government for the people of our country. The sad part is taxpayers didnt even had a cash relief from them which is unfair because all of us are affected of this pandemic. Though its understandable that they prioritized those who are really in need of help.

After this pandemic, whats left for us is debt just thinking how can the government repay it. Food businesses, tourism, entertainment, transportation are the most affected by this virus. It has really an impact to our economy.

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September 11, 2020, 04:38:43 AM
 #232

It is expected, taxpayers will suffer because of these loans taken by the government for the people of our country. The sad part is taxpayers didnt even had a cash relief from them which is unfair because all of us are affected of this pandemic. Though its understandable that they prioritized those who are really in need of help.

After this pandemic, whats left for us is debt just thinking how can the government repay it. Food businesses, tourism, entertainment, transportation are the most affected by this virus. It has really an impact to our economy.

After quantitive easing, there is always quantitative tightening. Likewise in the tax sector, as well as for taxpayers. For now, the government is loosening up and dispensing tax payments, but there is no free lunch. After the pandemic ends, to cover the deficit, the government will boost revenue from the tax sector, because the industrial and trade sectors are still not moving smoothly.

In my country, the government may be in power for 1-2 periods (5-10 years) but the debt policies they create will be inherited for several decades. It can be seen here that the government in my country only sees foreign debt as the only solution to the economic problems that hit the country. Even though Indonesia is rich in mineral natural resources. But the results are not enjoyed by the people but more exploited by other countries such as China and America. America takes gold from Indonesia, strangely enough, Indonesia doesn't ask for the gold but asks for the copper concentrate.

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September 11, 2020, 07:11:43 AM
 #233

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

Here in our country Philippines, almost all sectors are affected I also have many relatives who are affected in the industries where they are working  due to the limitation  imposed by the government some of it are transportation where only 50% can be boarded as well as restaurants where only half can accommodate, so what is happening workers can only work alternately and their income is not enough to sustain their family
Jobless also is on an all-time high, only relying on government subsidy.

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September 11, 2020, 02:49:40 PM
 #234

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

Here in our country Philippines, almost all sectors are affected I also have many relatives who are affected in the industries where they are working  due to the limitation  imposed by the government some of it are transportation where only 50% can be boarded as well as restaurants where only half can accommodate, so what is happening workers can only work alternately and their income is not enough to sustain their family
Jobless also is on an all-time high, only relying on government subsidy.
Not only in the Philippines experiencing economic crisis but actually, it's global. This pandemic has brought to people becomes jobless, since most business is close. The government is looking for ways to have a debt to support the needs of every family. So hope there’s a vaccine comes out so we can go back to our normal situation.

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September 11, 2020, 04:07:00 PM
 #235

The impact of Covid-19 on my country's economy has had a huge impact. Lots of shops and entertainment venues were closed. even schools and colleges were closed. Many private employees have been laid off. Even I have to close my shop to no longer operate. This is very sad.

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September 12, 2020, 01:28:57 PM
 #236

Honestly, this covid-19 affected my country in so many ways. I belong to a poor country in Asia and dealing with this deadly virus is really devastating. No words can express the way how people suffered with all kinds of losses, poverty and hunger. And the worst of all, wearing facemasks and faceshields are so tiring...its not really easy. But, since it's a strict protocol from the Government, we really need to follow. Higher positive cases and deaths grows more everyday and the economy began to drop down. I wish the vaccine will be release soon and will have positive results, so all this crisis will slowly end.
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September 12, 2020, 01:59:15 PM
 #237

Ours is not different from what other countries are experiencing, we have high unemployment, so many business are closing down and the government cannot keep up with the cost of supporting many sectors of our society, we have a strong leader but even a strong leader cannot keep up with this pandemic, it's killing every nation's economy.
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September 12, 2020, 02:33:01 PM
 #238

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

Here in our country Philippines, almost all sectors are affected I also have many relatives who are affected in the industries where they are working  due to the limitation  imposed by the government some of it are transportation where only 50% can be boarded as well as restaurants where only half can accommodate, so what is happening workers can only work alternately and their income is not enough to sustain their family
Jobless also is on an all-time high, only relying on government subsidy.
Not only in the Philippines experiencing economic crisis but actually, it's global. This pandemic has brought to people becomes jobless, since most business is close. The government is looking for ways to have a debt to support the needs of every family. So hope there’s a vaccine comes out so we can go back to our normal situation.
Yes, it looks like the economic crisis caused by this pandemic has gone global, even though there are countries that are not yet severe, but it will get worse if the state government does not immediately handle it.
as in the country I live in, the increasing number of infected people and stricter government regulations make it difficult to earn income due to limited time outside the home and other regulations.

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September 14, 2020, 01:00:17 PM
 #239

Here in our country we also have a big impact on this pandemic.Many establishment are closing because they are losing money and many people lost their job because of their company that is closing in this time.People's now days are relying in our country funds hopefully after the hardship this to get our economy back on track.

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September 14, 2020, 01:20:04 PM
 #240

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

Here in our country Philippines, almost all sectors are affected I also have many relatives who are affected in the industries where they are working  due to the limitation  imposed by the government some of it are transportation where only 50% can be boarded as well as restaurants where only half can accommodate, so what is happening workers can only work alternately and their income is not enough to sustain their family
Jobless also is on an all-time high, only relying on government subsidy.
Not only in the Philippines experiencing economic crisis but actually, it's global. This pandemic has brought to people becomes jobless, since most business is close. The government is looking for ways to have a debt to support the needs of every family. So hope there’s a vaccine comes out so we can go back to our normal situation.
Yes, it looks like the economic crisis caused by this pandemic has gone global, even though there are countries that are not yet severe, but it will get worse if the state government does not immediately handle it.
as in the country I live in, the increasing number of infected people and stricter government regulations make it difficult to earn income due to limited time outside the home and other regulations.
My country is not left out in this pandemic many jobs, hotels, industries, companies, airlines etc had been closed down due to low patronage there is nothing the government can do about it, this is a serious global economic crisis I hope a lasting solution to this pandemic is found early.
Although some countries had started opening up their airports to allow foreigners in thus to boast tourism and foreign exchange.
Many income earners who lost their jobs will rather stay in their respective countries to minimize cost of spending on tourism and other non essential jamborees.

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September 14, 2020, 10:25:13 PM
 #241

As what I can see personally, the effect of this present covid-19 pandemic on our country's economy is obviously negative for there are no certain country that have benefited on this current situation for we are all affected by this situation. Based on what I have read and watched on our local television channels, my fellow countrymen are suffering from the effect of the pandemic because many have turned from working individuals into jobless ones because of the implementing strict health protocols temporarily closing working spaces. With that, our economy have negatively affected because there is no products for trading are being produced since there is also a strict protocol for import and export products plus the factor that there is no man power to be working on it since people are advised to stay at home. We belong in the third world country which is already given that we are really struggling on facing this kind of scenario so what I can say is that overall, the effect of this pandemic on our economy is NEGATIVE



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September 15, 2020, 01:55:35 AM
 #242

Most danger impact for my country with covid 19, I still remember how my country very protect for China tourism without care how they will bring covid 19 in my country early on February. When Wuhan got covid 19 my country still opening for every one come from Wuhan to stay and travelling to my country, now what have we got more than 56 countries have locked and banned never give permission to our people come to their country, very bad way how failed our government take car with covid 19 so far and every day always more than 3k people got covid 19. More than six months our government never have new ideas how to stop this pandemic and keep going on to allow people from China to my country.

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September 15, 2020, 02:39:56 AM
 #243

My country is not left out in this pandemic many jobs, hotels, industries, companies, airlines etc had been closed down due to low patronage there is nothing the government can do about it, this is a serious global economic crisis I hope a lasting solution to this pandemic is found early.
Although some countries had started opening up their airports to allow foreigners in thus to boast tourism and foreign exchange.
Many income earners who lost their jobs will rather stay in their respective countries to minimize cost of spending on tourism and other non essential jamborees.

Even if an effective vaccine is found and mass-inoculation is carried out, since so many people are jobless, it may take a long time for economy to recover. I am surprised that the stock markets are still surging upwards. I was expecting them to crash by at least 30%, but they have moved in the opposite direction. A few months back, I converted some of my savings from stocks to gold. But now I regret my decision, as the gold prices are going down.
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September 15, 2020, 05:05:11 AM
 #244

Here in our country we also have a big impact on this pandemic.People's now days are relying in our country funds hopefully after the hardship this to get our economy back on track.
thats not good to hear and you look like you shoulder all the problems in your country  . no thats not right and you shouldnt do that because the problem does also happen to all not just to you , you got us and we can help you in the form of a prayer if we are far from your country .

Quote
Many establishment are closing because they are losing money and many people lost their job because of their company that is closing in this time.
its not that they close because they at a loss or loosing but they decide to close because of the covid and workers are affected with this  .
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October 18, 2020, 04:42:00 PM
 #245

Due to Covid-19, the economic condition of all  countries is Very bad. The economic condition of  Bangladesh is also bad. Due the lockdown,  almost all sectors including education, clothing  & communication  are closed. No external  income is coming from the  country. The whole country is  in a state of stagnation. The price of everything is increasing day by day.
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October 18, 2020, 04:51:37 PM
 #246

Due to Covid-19, the economic condition of all  countries is Very bad. The economic condition of  Bangladesh is also bad. Due the lockdown,  almost all sectors including education, clothing  & communication  are closed. No external  income is coming from the  country. The whole country is  in a state of stagnation. The price of everything is increasing day by day.

Developing countries are worst hit, because the governments can't afford to dish out generous stimulus packages. So there is going to be very little government support directed towards the small and medium sized businesses. But one advantage with countries such as Bangladesh is that they have a younger population, and the fatality rate from COVID 19 has been much smaller when compared to the developed nations.
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October 19, 2020, 01:34:23 PM
 #247

Covid-19 does not wish my country well. Economy of the country has reduced to lower level where people find it difficult to feed their self and family in the country. Many people are tied of wearing the face mask and washing of hands which is not solving the solution of the economy of the country. Many are still in insolation center receiving treatment over 5 month now which there's no improvement in their health.
The hardship this pandemic has caused in my country, I don't think it will be solved before the end of this year 2020.
Many found their self doing different things online such like cryptocurrencies which is helping them to sustain their family.
 

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October 19, 2020, 03:21:32 PM
 #248

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

Our governments response to the pandemic is so sad that people are starting not to give a care anymore regarding on the political movements of some politicians. The pandemic affected most agricultural and physical jobs like construction sites. It also affected manufacturing facilities that require lots of manpower. Our government response was not focused on the Pandemic instead, its focused on some beautification of some places and bad management of the government. Even though they say that "Its more fun in the Philippines", it really sucks to be living in a place where you still cannot have freedom because of the poor response. I still hope that they will do something good to lift our economy again and stop being indebted to other countries.
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October 20, 2020, 02:30:51 PM
 #249

Covid-19 has collapsed the economy of the country that make the citizens to find it difficult to feed right now. Things are increasing everyday by day because of the lockdown that make the government to short down all the companies in the country that make some loss their job and causes many to find it difficult to feed their family.
I think my country hardship is the worst now compear to other countries because here people struggle to feed their family. No money to invest and many investors are loosing their profit because of the pandemic.

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October 20, 2020, 03:56:54 PM
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China is doing well. Their GDP dropped in Q1, in Q2 was stable and in Q3 it gained back a that was lost in Q1. They expect to have 2% GD P growth in 2020. There will be rare countries with growth this year beside China. They will be definitely a big winners of pandemic.
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November 19, 2020, 04:40:18 PM
 #251

the impact of the emergence of covid in my country is very severe, especially in the factory sector because the majority do mass layoffs and from there unemployment increases and the economy also gets worse when there is no income every day.

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November 20, 2020, 01:23:25 PM
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    corana virus is one of the worst test in the word.And the phillipines is one of the countries hit by pandemic.and its effects is that many lost their jobs,increased public transport fares,many companies closed due to the
  pandemic so no tourist can enter the country so the economy of the phillipines has dropped sharply.
      In the past few months of quarantine,our government has provided assistance to the people and to the unemployed employees.and the opening of the class became october because the modules to be used by the
  students are not ready and elsewhere there are no internet connection so the impact of the pandemic on our country is very difficult.
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March 17, 2021, 11:44:54 AM
 #253

the impact of the emergence of covid in my country is very severe, especially in the factory sector because the majority do mass layoffs and from there unemployment increases and the economy also gets worse when there is no income every day.
In my opinion, the coronavirus pandemic a year after its official announcement has already had a very significant impact on all states without exception. Moreover, despite the fact that many vaccines have appeared to combat it, we are now witnessing the third wave of coronavirus, and even several of its varieties, which are much more dangerous than the previous type. Therefore, it is rather difficult to say that we are already defeating the coronavirus.
Economically, the situation in different countries is different, but all countries have been very seriously affected by it. Most importantly, we cannot yet say when this pandemic will end.

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March 17, 2021, 12:17:39 PM
 #254

China is doing well. Their GDP dropped in Q1, in Q2 was stable and in Q3 it gained back a that was lost in Q1. They expect to have 2% GD P growth in 2020. There will be rare countries with growth this year beside China. They will be definitely a big winners of pandemic.

China is perhaps the country that gained the most from the COVID 19 pandemic. During Q1 2020, their economy went down by a lot. But after that, there was a rapid recovery while the other global economies suffered from lockdowns and travel restrictions. As of now, Chinese economy is back on track, while all the other countries are suffering from the pandemic. Also, China has emerged as the top supplier of COVID 19 vaccines. They are supplying vaccines to the poorer countries, while developed nations such as the US and UK have mopped up supplies from the American and European manufacturers for themselves.
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March 17, 2021, 12:42:00 PM
 #255

the impact of the emergence of covid in my country is very severe, especially in the factory sector because the majority do mass layoffs and from there unemployment increases and the economy also gets worse when there is no income every day.
In my opinion, the coronavirus pandemic a year after its official announcement has already had a very significant impact on all states without exception. Moreover, despite the fact that many vaccines have appeared to combat it, we are now witnessing the third wave of coronavirus, and even several of its varieties, which are much more dangerous than the previous type. Therefore, it is rather difficult to say that we are already defeating the coronavirus.
Economically, the situation in different countries is different, but all countries have been very seriously affected by it. Most importantly, we cannot yet say when this pandemic will end.
- Indeed, the vaccine for covid-19 has already begun to be sent out to users of the country but the response was not optimistic when I heard some side effects had occurred and besides, the wave of covid continued to be generated as Covid began to change and mutate, people in these countries are still very attentive and worried about this issue. Economy is also only just slightly improved due to the arrival of vaccines but unemployment has not yet decreased when Covid has not been fully resolved, capital to stimulate the economy has not been released


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March 17, 2021, 04:37:57 PM
 #256

The lock down in most of our communities happened a year ago on March 15,2020 but even though most people expected our life to get better, we thought wrong because we are gonna enter another lock down period which has an indefinite time period. We are already on lock down for almost a year and the number of active Corona Virus on our country is still skyrocketing. Our economical status is also on another All-time low but our government officials are saying that we have one of the smartest way to mitigate the virus but seeing the graphs of comparison, we are one of the countries in SEA that still have this high number of Corona Virus patients and most of our hospitals are already full. Living in the Philippines is a nightmare and there is absolutely nothing I can do to help even though I want to do something. All I can do is abide and stay healthy to not be a burden to anyone in my family.

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March 18, 2021, 03:21:24 AM
 #257

germany had a stabil economy. It did not effect any big companys. the main problem is on the small buisness owner. so many people loose their small buisness and the thing they love doing... in overview its not that bad, but when you take a look on individuals, it could be heartbreaking
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March 18, 2021, 03:48:53 AM
 #258

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
in my country all sectors have experienced a drastic decline, shopping centers that are always busy are closing, there are many layoffs of workers everywhere. this is bad. plus people's purchasing power, according to many economic sectors has experienced a minus, but in this year it seems to be increasing slowly, hopefully next year it can return to normal
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March 18, 2021, 04:27:38 AM
 #259

germany had a stabil economy. It did not effect any big companys. the main problem is on the small buisness owner. so many people loose their small buisness and the thing they love doing... in overview its not that bad, but when you take a look on individuals, it could be heartbreaking

It has been one year since the lockdowns were first imposed. That means that the owners of small businesses are now without normal revenue for 12 months. Developed nations have announced all sort of stimulus measures to compensate these people. But if you are living in a developing nation, any sort of compensation from the government is likely to be inadequate (in case you manage to receive it). Here in India, I have seen some of my friends plunging in to huge losses as a result of inability to open their businesses.

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March 18, 2021, 08:51:06 AM
 #260

The impact of COVID-19 does not only have an impact on health but also on the economy which is very troublesome for countries and individuals.
and I think more about the fate of the economy of the lower middle class such as laborers, traders, and so on.
like I have a small shop or simple grocery store that only generates little income even loses money because what I sell is not selling, and I still live it and fortunately I am here or this forum is my alternative source of income.
and many people lose their jobs and so on, and during a pandemic there are people who benefit and some are disadvantaged, I mean, during a pandemic many people will prefer to shop for necessities and so on online through applications which make real traders worse off.

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March 18, 2021, 05:02:29 PM
 #261

In my country Covid-19 impact is so bad. My country is not a developed country. Covid-19 has had a huge impact on the economy in my country.  The price of each commodity has increased 2 times or more. The situation of poor, middle class and lower middle class very bad.  If such a situation exists, I think there will be food shortage in our country.  Besides, as a result of Covid-19, also the value of my country's money has decreased.

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March 18, 2021, 05:51:10 PM
 #262

The effects have been very bad to the point that poverty has been returned until 20 years ago and the central bank has sold more than half of all gold reserves, leaving the country in debt for another 50 years with multilateral entities.
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March 18, 2021, 06:29:14 PM
 #263

The effects have been very bad to the point that poverty has been returned until 20 years ago and the central bank has sold more than half of all gold reserves, leaving the country in debt for another 50 years with multilateral entities.

According to the Pew Research Center, the number of poor increased by 131 million as a result of this pandemic. On the other hand, the middle class declined by 90 million (with more than one third of that decline occurring in India). Even the high income group has seen a decline of 62 million in absolute numbers. More and more people are pushed towards poverty, and in the coming months it will be even worse.

The data from Pew Research Center can be accessed here: https://qz.com/india/1985855/more-poverty-smaller-middle-class-in-india-china-in-pandemic/

The biggest increase in the number of poor people have been reported in South Asia and Sub-Saharan Africa. Latin America seems to be somewhat unaffected. India alone has seen it's poor population increasing by a massive 75 million. 
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March 18, 2021, 08:36:38 PM
 #264

The effects have been very bad to the point that poverty has been returned until 20 years ago and the central bank has sold more than half of all gold reserves, leaving the country in debt for another 50 years with multilateral entities.
Why they have to sell those gold reserves if they've been printing money for the stimulus? where you from? did your country sold your gold reserves? that would be a hit for your fiat since most fiat are backed by gold reserves.

The impact of COVID-19 does not only have an impact on health but also on the economy which is very troublesome for countries and individuals.
and I think more about the fate of the economy of the lower middle class such as laborers, traders, and so on.
Yes, the lower middle class and those who are living from paycheck to paycheck. Jobs were stopped, many companies closed and filed bankruptcy.

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March 18, 2021, 11:31:13 PM
Last edit: March 19, 2021, 12:19:39 AM by AndySt
 #265

In my country Covid-19 impact is so bad. My country is not a developed country. Covid-19 has had a huge impact on the economy in my country.  The price of each commodity has increased 2 times or more. The situation of poor, middle class and lower middle class very bad.  If such a situation exists, I think there will be food shortage in our country.  Besides, as a result of Covid-19, also the value of my country's money has decreased.
Everyone is literally struggling with the pandemic and even with vaccines there are new strains coming out and we have no clarity whether these vaccines can help when the virus is mutating which means we need to wait much longer to go back to normal. I am not having any food issues but my salary is cut in half but the expense are still the same which is making things difficult and hence i am forced to sell some of my cryptocurrency assets.
It seems that the absolute majority of vaccines present on the market should still cope with coronavirus mutations, and it is not for nothing that many vaccines use two-component compatibility. According to the vaccine developers themselves, if the vaccine is already developed, then it is much easier to make adjustments to it due to mutations. The most important thing is the scale and timing of vaccination of the population, and without this it will be difficult to improve the standard of living of the population that has fallen due to the pandemic.
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March 19, 2021, 03:28:24 AM
 #266

It seems that the absolute majority of vaccines present on the market should still cope with coronavirus mutations, and it is not for nothing that many vaccines use two-component compatibility. According to the vaccine developers themselves, if the vaccine is already developed, then it is much easier to make adjustments to it due to mutations. The most important thing is the scale and timing of vaccination of the population, and without this it will be difficult to improve the standard of living of the population that has fallen due to the pandemic.

It may be possible to make adjustments to the vaccine to make it effective against the mutations. But if they do that, then the clinical trials need to be repeated once again, and that is going to take many months. And by the time the new version of the vaccine is ready, the population may be dealing with newer and more fatal mutations and strains of the Coronavirus. For now, the concentration should be on vaccinating the population with the existing formulations.

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Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
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March 19, 2021, 04:06:52 AM
 #267

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
year after , we again seems to be having a Lockdown because the daily infection increase significantly to what is the situation last year.

Now each local government is implementing their own security measures to handle the infection and prevent from spreading more as the vaccine is already under distribution .

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year after , we again seems to be having a Lockdown because the daily infection increase significantly to what is the situation last year.

Now each local government is implementing their own security measures to handle the infection and prevent from spreading more as the vaccine is already under distribution .

In countries where the vaccination has progressed the infection is mostly under control. I am talking about countries such as the United Kingdom, Israel and the United Arab Emirates. On the other hand, the number of new cases in the United States is still not under control, despite the fact that 116 million doses have been administered so far. US is the only outlier among counties with high vaccination rate. Other worst affected countries have low vaccination rates - such as Brazil, Russia and Italy.
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March 19, 2021, 06:57:15 AM
 #269

year after , we again seems to be having a Lockdown because the daily infection increase significantly to what is the situation last year.

Now each local government is implementing their own security measures to handle the infection and prevent from spreading more as the vaccine is already under distribution .

In countries where the vaccination has progressed the infection is mostly under control. I am talking about countries such as the United Kingdom, Israel and the United Arab Emirates. On the other hand, the number of new cases in the United States is still not under control, despite the fact that 116 million doses have been administered so far. US is the only outlier among counties with high vaccination rate. Other worst affected countries have low vaccination rates - such as Brazil, Russia and Italy.

Don't worry, soon they will all get the vaccine, some countries are even donating vaccine to the poor countries so it's not really a problem. We were able to survive before the vaccine, now that it's here and the only problem is only the distribution and production, it should not be a big problem anymore.

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March 20, 2021, 12:47:14 PM
 #270

The impact of this Covid 19 was really affect the economy of each country right now especially those country in the 3rd world country, many country has been down on a huge debt to the world bank due to this virus. My country which is the Philippines has a total of 10 billion debt to the world bank in order to supply the needs of the Filipino citizens and in order to buy the vaccine. This virus brought us a big problem and crash the economic growth of every country all over the world.



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March 20, 2021, 04:31:14 PM
 #271

I must say covid-19 really affect our country economically, it hit us drastically, like domino effect our business sector big and small, companies, all level and our government is really trying his best to help and support our countrymen but still it we cannot deny the fact that up until now were still struggling...hoping for miracles.
Almost business down after pandemic attack exactly with my country and now have many regulation, economic like danger and not any space how to recovery and back normal activities. I think need new concept how to stop covid 19 because almost regulation and concept make by many government not working and now have new kinds of covid 19.
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March 26, 2021, 10:16:16 PM
 #272

Covid-19 had a devastating effect on the economy of my country,Many people were made unemployed combined with lower volumes of export and a decrease in Gdp.The economy contracted by 6.1 Percent during the pandemic.There’s also little sign of a quick turnaround in the economy as the virus is yet to be gone.

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March 27, 2021, 03:23:25 AM
 #273

Don't worry, soon they will all get the vaccine, some countries are even donating vaccine to the poor countries so it's not really a problem. We were able to survive before the vaccine, now that it's here and the only problem is only the distribution and production, it should not be a big problem anymore.

The so called "donations" usually involve very small quantities and they are not sufficient to vaccinate even the highest priority population group. These deliveries normally include only 10,000 or 20,000 doses of the vaccine. The poorer nations are hard hit, as the developed nations have mopped up supply from most of the Western vaccine manufacturers. The only vaccines that are available to the poorer nations are Chinese brands such as Sinopharm and Sinovac.

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March 28, 2021, 11:21:40 AM
 #274

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

I live in Europe, and my countries response to pandemic has been horrific and stupid . We did and are playing the slow game, we did close shops , theaters, sports and all the gatherings. But we did not implement a lockdown , the result is a slow economic bleed for over 4 months. We are getting deeper and deeper in debt . This all could have been avoided if we had a proper lockdown which stopped people from going to each other and spreading the damn thing.

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March 28, 2021, 11:55:12 AM
 #275

Our Government is a joker, we have season 2 now of lockdown. A lot of their promises has been broken, they said it'll be all over once they get the vaccine but the number of COVID-19 cases surges even more after receiving the Sinovac vaccine (was it even effective?) I guess not, maybe it has the other way around effect on people but the Government doesn't want to expose it out, who knows *shoulder shrugged*

I just don't know how we're going to defeat this pandemic if our Government doesn't know anything how to fight it except on implementing a lockdown, like come on, that's not even a way to defeat COVID-19.
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March 28, 2021, 12:13:53 PM
 #276

Our Government is a joker, we have season 2 now of lockdown. A lot of their promises has been broken, they said it'll be all over once they get the vaccine but the number of COVID-19 cases surges even more after receiving the Sinovac vaccine (was it even effective?) I guess not, maybe it has the other way around effect on people but the Government doesn't want to expose it out, who knows *shoulder shrugged*

I just don't know how we're going to defeat this pandemic if our Government doesn't know anything how to fight it except on implementing a lockdown, like come on, that's not even a way to defeat COVID-19.

I don't think that there is any issue with the Sinovac vaccine. The point to remember here is that Sinovac vaccine provides immunity only after a certain period from the administration of the second dose (4 weeks?). I don't think that any of the countries that are using Sinovac has moved in to the second dose administration. So you may need to wait for a couple of months, to notice the first impact from vaccination. And don't expect anything drastic at least until the end of this year.
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March 28, 2021, 01:40:11 PM
 #277

The impact of COVID-19 does not only have an impact on health but also on the economy which is very troublesome for countries and individuals.
and I think more about the fate of the economy of the lower middle class such as laborers, traders, and so on.
like I have a small shop or simple grocery store that only generates little income even loses money because what I sell is not selling, and I still live it and fortunately I am here or this forum is my alternative source of income.
and many people lose their jobs and so on, and during a pandemic there are people who benefit and some are disadvantaged, I mean, during a pandemic many people will prefer to shop for necessities and so on online through applications which make real traders worse off.

To be realistic (I apologize in advance for my assessment), then the mortality rate, globally, for the year of the pandemic cannot be called "threatening" or "huge". For a year all over the world more dies from oncology and cardio problems, from seasonal diseases ... Therefore, it cannot be said that the pandemic has brought high population losses. But for the economy of the whole world, and for many countries, huge damage has actually been done. Moreover, damage that is difficult to compensate or quickly recover. Entire areas of the economy have been destroyed, small businesses go bankrupt, budgets are not filled with taxes and this becomes a "vicious circle" ...

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March 28, 2021, 02:04:10 PM
 #278

Because economy in my country is down so the price of the goods are rising and some of them are double because the government do a way to recover the economy but sadly all people are suffering because of the inflation happening right now. Covid 19 is really bad effect to the business and also many people die because of this virus and I think we need to have unity to stop that virus if the government implement rules in your rules you must follow them because it's your own protection too why they do that .
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May 16, 2021, 09:07:34 AM
 #279

Considering that our country is a third world country, it is suffering a lot because of the pandemic. Starting from hospitals running out of rooms and oxygen up to the increase count jobless citizens, we can already see how detrimental the pandemic has become.  The government ended up borrowing money from the world bank to suffice the needs of people specially for those who are in the poverty but soon, we will also pay the price as taxes began to go higher and higher. Our country's economy will surely be down for so long as it recovers from the damage the pandemic inflicted towards the whole nation.
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May 16, 2021, 12:13:10 PM
 #280

Considering that our country is a third world country, it is suffering a lot because of the pandemic. Starting from hospitals running out of rooms and oxygen up to the increase count jobless citizens, we can already see how detrimental the pandemic has become.  The government ended up borrowing money from the world bank to suffice the needs of people specially for those who are in the poverty but soon, we will also pay the price as taxes began to go higher and higher. Our country's economy will surely be down for so long as it recovers from the damage the pandemic inflicted towards the whole nation.

Most of the third world countries are in similar position. Even here in India, things are not looking any better. Here the situation is really bad, because a large part of the population used to be employed in the informal sector. And the informal sector is in ruins ever since the pandemic started spreading more than a year ago. Most of the people who were employed in this sector have gone back to their native villages and are leading a hand to mouth existence with the help of handouts from the government and various charities.
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May 16, 2021, 10:01:16 PM
 #281

the transportation sector has experienced a tremendous decline. This happens because there is a ban from the government that prohibits people from going to another city. As a result, many intercity transportation vehicles find it difficult to get passengers and of course it also has an impact on the income of transport drivers.
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May 17, 2021, 01:33:35 PM
 #282

in my city, all sectors have started to normal
many public places such as hotels have opened their services, it's just that travel services are still not normal

but from day to day the number of covid positive sufferers here continues to grow
it is clear that residents here have started to think of corona as just an ordinary disease

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May 17, 2021, 01:43:22 PM
 #283

in my city, all sectors have started to normal
many public places such as hotels have opened their services, it's just that travel services are still not normal

but from day to day the number of covid positive sufferers here continues to grow
it is clear that residents here have started to think of corona as just an ordinary disease
I think the opening of corona is an ordinary disease, but many people seem to be bored with the unfinished corona, while they still need food to live. on the other hand, there are already many people who know the prevention of corona and the nature of this virus, so they can be careful and take care of themselves so as not to be exposed to this virus
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June 02, 2021, 11:12:44 PM
 #284

In my country, the impact of covid-19 on the economy is increasing unemployment, eventually people's income also decreases and this then has an impact on increasing the number of poor people.

"The number of poor people in September 2020 was 27.55 million people, an increase of 1.13 million people in March 2020 and an increase of 2.76 million people in September 2019,"
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June 03, 2021, 03:01:22 AM
 #285

In my country, the impact of covid-19 on the economy is increasing unemployment, eventually people's income also decreases and this then has an impact on increasing the number of poor people.

"The number of poor people in September 2020 was 27.55 million people, an increase of 1.13 million people in March 2020 and an increase of 2.76 million people in September 2019,"
Globally the number of unemployed is increasing, but we can see that new job opportunities are also opening up, even many people are suddenly rich. With this pandemic, online business in my country has increased rapidly, even offline super markets have closed, because they have been displaced by online businesses

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June 03, 2021, 03:17:30 AM
 #286

In my country, the impact of covid-19 on the economy is increasing unemployment, eventually people's income also decreases and this then has an impact on increasing the number of poor people.

"The number of poor people in September 2020 was 27.55 million people, an increase of 1.13 million people in March 2020 and an increase of 2.76 million people in September 2019,"

That has been the case in most of the countries. In India, the number of poor people increased by a massive 75 million as a result of this pandemic.



In India the impact has been much worse compared to the other countries, because of the large number of people working in the informal sector. These people are mostly out of work for the last 12 months or so, and in many cases their savings have run dry and many of them have been forced to take loans at exorbitant rates.

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June 04, 2021, 12:34:51 AM
 #287

Covid 19 really has great effect in our country economically speaking, literary our country is down now with lot of debts, lots of business are closed, school closed, no transportation, hospitals are full of patients more and more health worker are suffering some doctors died, to top of that the politics-corruption in our country is really worst  its totally different from the normal life we used to have, but some still good things happened, people are became innovative they were able to find way to make a living out of this pandemic, and they help one another in this time of crisis.

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June 04, 2021, 06:17:08 AM
 #288

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

okay, its my country, but i will explain in my place.
there are three flags to show about that place/village. green is safe, yellow is some people get covid or under chain  Grin, and red is really bad because many people infected and under isolation.
my place have green flag, i dont know how safe it is, but im sure if there are many people have covid before. so, its safe here because already recover from disease.
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June 04, 2021, 06:56:08 AM
 #289

Covid 19 really has great effect in our country economically speaking, literary our country is down now with lot of debts, lots of business are closed, school closed, no transportation, hospitals are full of patients more and more health worker are suffering some doctors died, to top of that the politics-corruption in our country is really worst  its totally different from the normal life we used to have, but some still good things happened, people are became innovative they were able to find way to make a living out of this pandemic, and they help one another in this time of crisis.
The government is the one who must be responsible for dealing with this kind of pandemic. as we know that they hold the right to make and enforce regulations, so where the effects worsen, the government should immediately evaluate their work. In my country there are also many cases that I think are even crazy enough to happen, such as the increasing number of unemployment and also high-ranking officials who even corrupt the covid-19 relief fund

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June 04, 2021, 12:18:08 PM
 #290

Covid 19 really has great effect in our country economically speaking, literary our country is down now with lot of debts, lots of business are closed, school closed, no transportation, hospitals are full of patients more and more health worker are suffering some doctors died, to top of that the politics-corruption in our country is really worst  its totally different from the normal life we used to have, but some still good things happened, people are became innovative they were able to find way to make a living out of this pandemic, and they help one another in this time of crisis.
The government is the one who must be responsible for dealing with this kind of pandemic. as we know that they hold the right to make and enforce regulations, so where the effects worsen, the government should immediately evaluate their work. In my country there are also many cases that I think are even crazy enough to happen, such as the increasing number of unemployment and also high-ranking officials who even corrupt the covid-19 relief fund
government will take an option, to save people, save their economy, or both of them. its hard to save people and economy, but they can do it if they want to playing hard on this game.
not all government, but some of them will take easy way to save themselves. sacrifice economy, or throw people. we cant judge government only from one side. self awareness need to fill our (not only human, also the economy) life
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June 04, 2021, 04:09:23 PM
 #291

Covid 19 really has great effect in our country economically speaking, literary our country is down now with lot of debts, lots of business are closed, school closed, no transportation, hospitals are full of patients more and more health worker are suffering some doctors died, to top of that the politics-corruption in our country is really worst  its totally different from the normal life we used to have, but some still good things happened, people are became innovative they were able to find way to make a living out of this pandemic, and they help one another in this time of crisis.
The government is the one who must be responsible for dealing with this kind of pandemic. as we know that they hold the right to make and enforce regulations, so where the effects worsen, the government should immediately evaluate their work. In my country there are also many cases that I think are even crazy enough to happen, such as the increasing number of unemployment and also high-ranking officials who even corrupt the covid-19 relief fund
- Even if you know your government is corrupt, your responses and complaints are futile in the face of their power, we can only see some political machines will become very selfish during the Covid period, they are just trying to gain power and make more money, the support for the pandemic is very low, even asking others to donate to the covid funds, instead of taking money from the government. The economy may be weak but the elements of government are still very stable, it's sad that in these countries, looking at the way the US is trying, they really are the ideal home for us.


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June 04, 2021, 04:33:48 PM
 #292

Now it's more than a year already, time really passes by quickly. The impact on my country's economics is really severe, many people are being fired, and most of them still haven't able to find a new job. The demand is super low too for things, like it hasn't be back to normal again. It's hard for small business to survive, even big companies have their hard time as well. Government tried to help, of course. But most of the help are being corrupted, or not getting into the right hand, such a pity indeed but what can we do? I just hope everything will soon be better.

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June 04, 2021, 04:54:42 PM
 #293

Now it's more than a year already, time really passes by quickly. The impact on my country's economics is really severe, many people are being fired, and most of them still haven't able to find a new job. The demand is super low too for things, like it hasn't be back to normal again. It's hard for small business to survive, even big companies have their hard time as well. Government tried to help, of course. But most of the help are being corrupted, or not getting into the right hand, such a pity indeed but what can we do? I just hope everything will soon be better.

Things are quite straight forward. In countries where the majority of the population has been vaccinated, the economy has restarted. People are not required to wear masks or follow social distancing and the businesses are open. However, the poorer countries are struggling to vaccinate their population. This is like a double whammy. They were already poor, and now they will become even poorer because of the lockdown restrictions. On the other hand, the richer countries have managed to vaccinate most of the population and restart the economic activity.
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June 04, 2021, 09:31:45 PM
 #294

Covid 19 really has great effect in our country economically speaking, literary our country is down now with lot of debts, lots of business are closed, school closed, no transportation, hospitals are full of patients more and more health worker are suffering some doctors died, to top of that the politics-corruption in our country is really worst  its totally different from the normal life we used to have, but some still good things happened, people are became innovative they were able to find way to make a living out of this pandemic, and they help one another in this time of crisis.
It is very sad that there are politicians that are taking advantage of the situation. They don't care about the welfare and well being of the people as long as they'll get what they want and their main goal is to make their pockets full out of this pandemic.

Yeah, there are still those people that have the spirit of helping because this is a crisis that we should deal altogether and beat together. But it's just disappointing to know that it's not only your country that has to deal with such corrupt politicians but for sure there are others too.

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June 04, 2021, 09:50:29 PM
 #295

One of the major drawback of lockdown is the loss of job of many people, microbusinesses tends to totally shutdown due to complete law of activity of the communtity, even some private schools are now close since their student transfer to public schools due to financial crisis. This problem worsen since they dont even get any help from the government, so the only solution is to close them to avoid any debt. With this, the economy of our country goes down.
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June 04, 2021, 11:59:18 PM
 #296

In Italy the situation is quite paradoxical: government forbid any firm to fire anyone since the start of the pandemic. We really haven't started seeing anything of the economic disaster of the coronavirus, as we still are entirely protected by the State.

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June 05, 2021, 03:32:13 AM
 #297

Covid 19 really has great effect in our country economically speaking, literary our country is down now with lot of debts, lots of business are closed, school closed, no transportation, hospitals are full of patients more and more health worker are suffering some doctors died, to top of that the politics-corruption in our country is really worst  its totally different from the normal life we used to have, but some still good things happened, people are became innovative they were able to find way to make a living out of this pandemic, and they help one another in this time of crisis.
It is very sad that there are politicians that are taking advantage of the situation. They don't care about the welfare and well being of the people as long as they'll get what they want and their main goal is to make their pockets full out of this pandemic.

Yeah, there are still those people that have the spirit of helping because this is a crisis that we should deal altogether and beat together. But it's just disappointing to know that it's not only your country that has to deal with such corrupt politicians but for sure there are others too.
The culture of corruption seems to have been attached to several officials in every country. they use their power to achieve personal goals, although severe punishment does not seem to deter the perpetrators. Therefore, the transparency system is very good to reduce the number of corruption, so that this pandemic will be resolved soon, with targeted assistance

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June 05, 2021, 03:58:53 AM
 #298

Covid-19 has dealt a major blow to the country's economy there are also fears that the implementation of large projects will be hampered. Taking advantage of such a crisis a class of people is looting profits traders say the normal chain of industrialization has broken down corruption is having a huge impact on the country's economy Political leaders are all interfering if the government takes the right steps the country's economy can improve rapidly. In addition to reducing corruption the government needs to allocate more to the health sector to get rid of its effects.
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June 05, 2021, 04:10:45 AM
 #299

The presence of the Covid-19 pandemic has had many impacts on the economy of my country as a whole. With economic activity still low, the pressure on people's purchasing power has decreased, and this realization shows that my country has not been able to get out of the recession. This happens because human movement has not returned to the way it was before the COVID-19 pandemic.

The impact can vary on the economy, for example, unemployment increases and eventually people's income also decreases and this then has an impact on increasing the number of poor people.
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June 05, 2021, 04:45:27 AM
 #300

almost all countries feel the effects in the tourism and culinary sectors, even some hotels and restaurants have to go out of business because they are unable to cover losses for operational costs
That's just a small portion of the economy, the biggest one that is affected is probably the working class because they all either got fired or suspended to either reduce workload to save money for the businesses or the company doesn't want the pandemic to spread further. In my country, the effect of this pandemic is really drastic because a lot of people are suffering and the government doesn't do a thing about it besides calling lockdowns new names.
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June 06, 2021, 05:33:16 AM
 #301

Here in Nepal, the situation has become really unimaginable. People are dying inside their homes as the medical facilities are not available in rural areas. And in most cases, it is the earning members of the family who are dying and the children become orphans. Even before the pandemic, the poverty levels in Nepal were quite high. And the pandemic has destroyed whatever wealth that was remaining. The situation is really bleak here. A lot of hardship everywhere and we don't know when it will end.
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June 06, 2021, 01:01:14 PM
 #302

This pandemic really gives a huge impact with the economy, there are so many things happened because of this virus, a lot of people have lose their job and a lot of businesses have forced to be closed to avoid the spreading of this virus, thankfully we have a little improvement and most of the companies and businesses that were closed before are now open and we are now already starting to recover our economy.

It is similar to the situation we had in 2009. Many of the users will be too young to remember that period. Back then also, a lot of people lost their jobs and people like me who clung on to our jobs had no salary increment for a couple of years. Those were hard times. And these incidents reminds us of the importance of having a rainy day fund. You can create one, either with fiat currency or cryptocurrency. The next time when hard times hit you, these funds will become very useful. 
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June 06, 2021, 04:29:12 PM
 #303

I think the economy of every country is affected by the covid 19 pandemic. This pandemic has  a huge impact with the economic status after a couple of months of lockdowns, many people lost their job, some business establishment either forced to closed or lessen their workers and many people were hungry, others died because of covid virus. Fortunately now, there alraedy a covid vaccine that helps to prevent the spreading of covid virus. And our economy now is gradually recovering.

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June 06, 2021, 08:10:28 PM
 #304

Covid 19 really has great effect in our country economically speaking, literary our country is down now with lot of debts, lots of business are closed, school closed, no transportation, hospitals are full of patients more and more health worker are suffering some doctors died, to top of that the politics-corruption in our country is really worst  its totally different from the normal life we used to have, but some still good things happened, people are became innovative they were able to find way to make a living out of this pandemic, and they help one another in this time of crisis.
It is very sad that there are politicians that are taking advantage of the situation. They don't care about the welfare and well being of the people as long as they'll get what they want and their main goal is to make their pockets full out of this pandemic.

Yeah, there are still those people that have the spirit of helping because this is a crisis that we should deal altogether and beat together. But it's just disappointing to know that it's not only your country that has to deal with such corrupt politicians but for sure there are others too.
The culture of corruption seems to have been attached to several officials in every country. they use their power to achieve personal goals, although severe punishment does not seem to deter the perpetrators. Therefore, the transparency system is very good to reduce the number of corruption, so that this pandemic will be resolved soon, with targeted assistance
I think it won't be gone unless there's a principle that each politician is protecting and as well as their known good reputation. In some cases, even the good ones are also being stained due to the influence and the money that's under the table.

And in this pandemic, many of them has saw the huge money that's going outside due to the budgeting that has been put into law and that's why those corrupts are taking advantage of it.

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June 07, 2021, 07:13:58 AM
 #305

When the entire country is suffering out of the covid-19, the government is making projects to construct parliament house and house for the Prime Minister. The entire budget of the project is calculated to be $1.9billion. Is it necessary for the moment, every opposition have requested to stop the project and concentrate on the Pandemic.

The government is requesting donation with the people for the covid-19 fund for vaccination purchase and other necessary needs.

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June 07, 2021, 08:11:36 AM
 #306

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

 In my country suffers about financial , can't afford to buy needs /want and some employee loss their Jobs. Due of covid-19 as I observed the economy was really affected of pandemic .People lean the Government support but day by day we use money to lived so the Government can't promise to give all people needs .
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June 11, 2021, 10:31:17 PM
 #307

In Italy, we have a strange situation.
Obviously, the pandemic hit really hard, but the government took a paternalistic approach and forbid every firm to fire anyone, providing help.

On the other hand, they provided a Universal Basic Income: as this income is really high compared to the wages which ideally possible to rack up in the labour market, the UBI is actually crowding out the regular job offers.

We are talking about people (both skilled )or not declining job offers not to lose entitlement for UBI.

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June 11, 2021, 11:08:43 PM
 #308

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
When I comment now, maybe it's been almost 2 years that we have been hit by covid, and covid 19 is still there. The government can only deal with it by providing the existing vaccines to the public for free. It does help a little to reduce the number of people affected by this disease outbreak, but a new problem arises, there are some cases that die after being vaccinated. Obviously Covid affects many sectors, the main one is the economy. There are so many unemployed in our country , including me . But I am grateful that I have known for a long time about bitcoin, so that I can still earn even from home.
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June 11, 2021, 11:26:15 PM
 #309

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
When I comment now, maybe it's been almost 2 years that we have been hit by covid, and covid 19 is still there. The government can only deal with it by providing the existing vaccines to the public for free. It does help a little to reduce the number of people affected by this disease outbreak, but a new problem arises, there are some cases that die after being vaccinated. Obviously Covid affects many sectors, the main one is the economy. There are so many unemployed in our country , including me . But I am grateful that I have known for a long time about bitcoin, so that I can still earn even from home.
Yeah its been two years and havent still get resolved but at least we are seeing some vaccines now which can somewhat able to slow down the spread
but it seems it cant really be stopped and it would be needing a while before this pandemic would be over.For sure lots of economy had dropped down
but at least we are seeing some sustain even though its hard but at least we do able to live on it somehow.
How long this pandemic would be over? no one knows thats why its really ideal to save up money and dont waste up.

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June 11, 2021, 11:28:16 PM
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 #310

Here in my country Im just worried to those people in a city because some of them are almost the same problem about food, And some stores are not back  in normal yet and many people are not back in the job they have. And the government working so hard to solve of these kind of problem facing. But in my province we can get some food around in our backyard just like vegetables, fruits and animals we are lucky that we have like these.

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June 12, 2021, 02:36:35 AM
 #311

I'm feeling the effects it's having on my life very well, all businesses have been down for almost a year now, and I still haven't seen the positive things that can change everything. But anyway, I still feel very fortunate to live in a country with a very high sense of disease prevention.

SUGAR
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June 12, 2021, 03:33:51 AM
 #312

When the entire country is suffering out of the covid-19, the government is making projects to construct parliament house and house for the Prime Minister. The entire budget of the project is calculated to be $1.9billion. Is it necessary for the moment, every opposition have requested to stop the project and concentrate on the Pandemic.

The government is requesting donation with the people for the covid-19 fund for vaccination purchase and other necessary needs.

The usual left-wing fake news. The currently approved projects are for $120 million and not for $2 billion. The work on the remaining section of the Central Vista project remains suspended. And it is not just parliament house and the prime minister residence. More than 90% of the project cost is earmarked for office buildings for various departments that are currently operating from rented buildings. If you really want to oppose, then do that against the move by the Congress governments in Maharashtra and Rajasthan who are building luxury MLA apartments for $150 million each.

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June 12, 2021, 10:10:39 AM
 #313

I'm feeling the effects it's having on my life very well, all businesses have been down for almost a year now, and I still haven't seen the positive things that can change everything. But anyway, I still feel very fortunate to live in a country with a very high sense of disease prevention.
Until now, judging from the whole, I think the economic sector is not fully normal.
of course it can't be separated from this pandemic and we don't know when this will end,
but for now I feel better than at the beginning of the pandemic

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June 12, 2021, 11:53:12 AM
 #314

In the Philippines, despite that we are on our way to economic recovery, there are still lots of people getting laid off, furloughed or remain unemployed for a long time. It’s because there are still some industries that are not allowed to open during the pandemic, especially tourism and entertainment side.

I still see some restaurants remain empty at one point. When I entered KFC in a mall, there are no customers so I just ordered a meal before around 3 new people came in just to take out. These businesses like the restaurants are still at a loss because of very few sales along with employee salaries, rent, etc.

And also daily new cases are still within the 4k to 8k range. Despite the National Capital Region’s daily cases are increasing, other provinces in the middle group of islands and southern part of the country are increasing. Herd immunity is still a long way to go as vaccination process is still slow. And of course, I don’t wanna inoculate myself unless if it’s US-made like Moderna, J&J, etc., or if Ivermectin was already approved for public use.

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June 12, 2021, 12:44:37 PM
 #315

Covid-19 period has affected every country in a negative way and my country is one of those countries also. I really want to leave these days behind as soon as possible. I'm really unhappy with the current situation.

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June 12, 2021, 01:42:19 PM
 #316

almost all countries feel the effects in the tourism and culinary sectors, even some hotels and restaurants have to go out of business because they are unable to cover losses for operational costs
That's just a small portion of the economy, the biggest one that is affected is probably the working class because they all either got fired or suspended to either reduce workload to save money for the businesses or the company doesn't want the pandemic to spread further. In my country, the effect of this pandemic is really drastic because a lot of people are suffering and the government doesn't do a thing about it besides calling lockdowns new names.
my friend, sell some stuff and look good for a moment until covid come. many business fired their worker and about this act, my friend cant continue the store. he sell stuff by online but really kicked by this pandemic.
and thw government have different plant from other country that make people stuck everywhere they are. but, not only government, public cant take serious every protocol needed. it slow or can stop the recovery.
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June 12, 2021, 01:48:31 PM
 #317

I'm feeling the effects it's having on my life very well, all businesses have been down for almost a year now, and I still haven't seen the positive things that can change everything. But anyway, I still feel very fortunate to live in a country with a very high sense of disease prevention.
Until now, judging from the whole, I think the economic sector is not fully normal.
of course it can't be separated from this pandemic and we don't know when this will end,
but for now I feel better than at the beginning of the pandemic

Ya maybe the condition is better than at the beginning of the pandemic but dont be ignored that there will be an threat in the world economy. Central bank of my country said they beware with the Fed decision. In this year, the Fed will take tappering decision for their country and this will make the new issue for another country and the effect will be felt by the society.
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June 12, 2021, 03:41:50 PM
 #318

almost all countries feel the effects in the tourism and culinary sectors, even some hotels and restaurants have to go out of business because they are unable to cover losses for operational costs
The hospitality industry has been gagged throughout the pandemic times and it will continue to suffer because even when the pandemic is over, there is a changed lifestyle we are experiencing and people have adapted to this new lifestyle slowly.

The economy for most countries is going to recover slowly though and I don't think any country is specifically hit harder than others so the market is going to remain low for a long time and when it's for everyone, it doesn't hurt anyone too much.

I think along with others our country is recovering well and although people are still hesitant to move as much as before, things are certainly much brighter than they looked last year.

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June 12, 2021, 04:14:09 PM
 #319

I think the economy of every country is affected by the covid 19 pandemic. This pandemic has  a huge impact with the economic status after a couple of months of lockdowns, many people lost their job, some business establishment either forced to closed or lessen their workers and many people were hungry, others died because of covid virus. Fortunately now, there alraedy a covid vaccine that helps to prevent the spreading of covid virus. And our economy now is gradually recovering.
Lockdowns were a bad idea, I must say, in the hindsight though and I cannot blame the governments for forcing them because it seemed as if lockdowns are the only possible way to stop the spread of the coronavirus but it absolutely killed the economy. I think if rules and covid protocols were followed, no lockdown was ever needed apart from then the virus was at its peak maybe.

Here in my country Im just worried to those people in a city because some of them are almost the same problem about food, And some stores are not back  in normal yet and many people are not back in the job they have.
Must be a critical situation then, aren't online food services available for you yet? I am ordering everything online these days and I feel like it is much easier and would continue doing so even when the virus is gone.

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June 12, 2021, 04:14:20 PM
 #320

I'm feeling the effects it's having on my life very well, all businesses have been down for almost a year now, and I still haven't seen the positive things that can change everything. But anyway, I still feel very fortunate to live in a country with a very high sense of disease prevention.
- Right now, Covid is steadily increasing more than the value of bitcoin every day, I don't feel too much safety around densely populated areas when contacting or stepping out of the house, sometimes there is not too much mood for business when customers keep canceling contracts, cooperative companies begin to dissolve. Being positive in business is no longer in my mind, society is the first thing that needs positive things, they create assets, without them, business would not be better


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June 12, 2021, 04:23:20 PM
 #321

All countries will probably experience the same effect because covid has affected the economy and psychology of society at large. We really feel how bad the economic impact is for every individual in a country because of this covid. Job loss, low income, limited scope of work while there are still people who manipulate all of it to enrich themselves. The state debt during COVID-19 may increase so that when the pandemic begin to be under control, people will have to bear a fairly heavy burden because there have been many tax increases.

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June 13, 2021, 07:26:22 AM
 #322

in my country since covid-19 hit a lot of people's businesses that were quiet so many lost their jobs and income, covid-19 really hit the economy of many countries as well as their people. It's been more than a year that we have experienced a pandemic. I hope that next year's pandemic will end soon so that everyone can carry out economic activities as usual.

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June 13, 2021, 08:13:33 AM
 #323

in my country since covid-19 hit a lot of people's businesses that were quiet so many lost their jobs and income, covid-19 really hit the economy of many countries as well as their people. It's been more than a year that we have experienced a pandemic. I hope that next year's pandemic will end soon so that everyone can carry out economic activities as usual.

What about vaccine? At my job, it was organized to vaccinate people. I was in a queue to get vaccine in governments created vaccine centeres, but it turn that my job organized Pfizer vaccine distribution. Now all the employees are vaccinated and from July 1 we all have to get back to office.

R


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June 13, 2021, 10:20:21 AM
 #324

in my country since covid-19 hit a lot of people's businesses that were quiet so many lost their jobs and income, covid-19 really hit the economy of many countries as well as their people. It's been more than a year that we have experienced a pandemic. I hope that next year's pandemic will end soon so that everyone can carry out economic activities as usual.
In the early days of covid 19 and the pandemic, it really affected people's businesses.
but after that of course those who have a business have to adjust and slowly the business starts to rise,
that's a good thing and apart from that of course we all hope that the current condition can end soon even though it's very difficult for sure

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June 13, 2021, 11:27:12 AM
 #325

in my country since covid-19 hit a lot of people's businesses that were quiet so many lost their jobs and income, covid-19 really hit the economy of many countries as well as their people. It's been more than a year that we have experienced a pandemic. I hope that next year's pandemic will end soon so that everyone can carry out economic activities as usual.
How is the implementation of the new normal in your country? By implementing this system, people should be able to continue working even in a pandemic situation. In a pandemic situation like the current one, the government is expected to open up more job opportunities to reduce the negative impact of the pandemic on the country's economy.

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June 15, 2021, 09:34:10 PM
 #326

snip

What about vaccine? At my job, it was organized to vaccinate people. I was in a queue to get vaccine in governments created vaccine centeres, but it turn that my job organized Pfizer vaccine distribution. Now all the employees are vaccinated and from July 1 we all have to get back to office.

worker under government get first than the other. good decide to prioritize them, because they always serve people.
public, will hesitated for the first time. like in some village, in the first and second they afraid to follow government instruction. no people go to hospital to get vaccine. but the rumor, authorities never announced to public.
and there are many rumor, make people decide to reject vaccine. pro contra will always follow a decision
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June 16, 2021, 02:51:14 AM
 #327

I'm feeling the effects it's having on my life very well, all businesses have been down for almost a year now, and I still haven't seen the positive things that can change everything. But anyway, I still feel very fortunate to live in a country with a very high sense of disease prevention.
Until now, judging from the whole, I think the economic sector is not fully normal.
of course it can't be separated from this pandemic and we don't know when this will end,
but for now I feel better than at the beginning of the pandemic
I still don't see any signs of economic recovery right now, as most of the manufacturing jobs that require human labor have yet to return and this is affecting a lot of people. If work does not return soon, I think the economic situation will continue to be worse than before, most notably the tourism economy because the place I live is a developed tourist area, so far all activities have been carried out in this place are limited to prevent the disease and the people here cannot maintain a stable source of money for their lives.

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June 16, 2021, 06:56:14 AM
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 #328

What about vaccine? At my job, it was organized to vaccinate people. I was in a queue to get vaccine in governments created vaccine centeres, but it turn that my job organized Pfizer vaccine distribution. Now all the employees are vaccinated and from July 1 we all have to get back to office.

LOL.. the companies seems to have realized that spending $80 for two doses of vaccine is much more economical, when compared to the losses they suffer while allowing the employees to work from home. Fortunately, my company has been more flexible with the work from home policy. I have received my first short of the Pfizer vaccine, but the company is not asking even those who got two doses to come to the office. And they are saying that the flexibility will exist until the end of this year. And the employees are happy about it.
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June 16, 2021, 07:04:09 AM
 #329

What about vaccine? At my job, it was organized to vaccinate people. I was in a queue to get vaccine in governments created vaccine centeres, but it turn that my job organized Pfizer vaccine distribution. Now all the employees are vaccinated and from July 1 we all have to get back to office.

LOL.. the companies seems to have realized that spending $80 for two doses of vaccine is much more economical, when compared to the losses they suffer while allowing the employees to work from home. Fortunately, my company has been more flexible with the work from home policy. I have received my first short of the Pfizer vaccine, but the company is not asking even those who got two doses to come to the office. And they are saying that the flexibility will exist until the end of this year. And the employees are happy about it.

I dont know in what area you work, but at my work, people are one of the most valuable resources. They generate sales. They can work from home, but it is completely impossible to sale from home. Besides, clients prefer to come to office and get a consultation from person-to-person conversation. Instead of a phone call or getting an email.

Also, from the office we work from 9 to 6. But while working from, some people just woke up at 9. Or Woke at 9, turn on pc, login to system and return to sleeping. Not to mention 1h lunch, and countless coffee brakes.

It was a wise decision from CEO to vaccinate employee before it will be their turn to get vaccine from government. Btw, employees can refuse to get vaccine. But such employees are first in the list to get fired. The idea is "they dont want to get vaccine, they dont want to return to office, they dont want to work".

R


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June 16, 2021, 07:29:25 PM
 #330

Covid has made a huge impact on our countries economy and day by day it is getting worse. The gas price is going up daily including everything which is essential.
The supply chain is messed up for many sectors and the job market is also going down with more than 10 million losing their job.
Only people with good wealth can get good healthcare facilities which are of course more saddening than the badly hit economy. The only sector which is on the positive side and continuously rising currently is the stock market.
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June 17, 2021, 07:54:17 PM
 #331

We have begun to implement more or less mass vaccination. The vaccine is basically a Chinese CoronaVac, not ideal, but recognized, meets the requirements of the World Health Organization and has passed all stages of testing. I'm not ready to say, but at the moment the level in the capital has already become "green", many restrictions have been removed, statistics show a decrease in the spread of (new diseases) of the virus. I hope this can be the beginning of a global change in the situation in my country.

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June 17, 2021, 09:47:43 PM
 #332

Seriously the pandemic really affected lots of countries just that the magnitude of the pandemic varies, in my country now the pandemic really affected us because lot's of people lost there jobs which is making the rate of unemployment to increase there are lot's of graduates now but there is no work for them, lot's of people are suffering currently the pandemic have increased the level of poverty in the country and our leaders are really corrupt they don't care about the masses they only care about there self.

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June 18, 2021, 03:52:11 AM
 #333

I dont know in what area you work, but at my work, people are one of the most valuable resources. They generate sales. They can work from home, but it is completely impossible to sale from home. Besides, clients prefer to come to office and get a consultation from person-to-person conversation. Instead of a phone call or getting an email.

Also, from the office we work from 9 to 6. But while working from, some people just woke up at 9. Or Woke at 9, turn on pc, login to system and return to sleeping. Not to mention 1h lunch, and countless coffee brakes.

It was a wise decision from CEO to vaccinate employee before it will be their turn to get vaccine from government. Btw, employees can refuse to get vaccine. But such employees are first in the list to get fired. The idea is "they dont want to get vaccine, they dont want to return to office, they dont want to work".

Obviously for sectors such as sales, working from home is not practical. In such cases, I am not going to oppose the employees going to their work locations, in case it is deemed to be safe. However, for the IT employees, I don't think that going to the office should be made mandatory anytime soon. And now coming to your concern of employees misusing the provision, it is up to the management to take the necessary steps. If the work is not completed in time, then eventually these employees will be fired, or at least given a warning. But that should not be used to tarnish other employees, who are really working hard in these difficult times.

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June 18, 2021, 06:41:22 AM
 #334

Seriously the pandemic really affected lots of countries just that the magnitude of the pandemic varies, in my country now the pandemic really affected us because lot's of people lost there jobs which is making the rate of unemployment to increase there are lot's of graduates now but there is no work for them, lot's of people are suffering currently the pandemic have increased the level of poverty in the country and our leaders are really corrupt they don't care about the masses they only care about there self.
That is the same with most of the countries that I have read when someone has shared the situation of their people during this pandemic.

But lately, I saw that there are a lot of people in those countries that are starting to recover with their lives. Livelihood are coming back gradually and that is a good sign.

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June 18, 2021, 06:55:08 AM
 #335

Obviously for sectors such as sales, working from home is not practical. In such cases, I am not going to oppose the employees going to their work locations, in case it is deemed to be safe. However, for the IT employees, I don't think that going to the office should be made mandatory anytime soon. And now coming to your concern of employees misusing the provision, it is up to the management to take the necessary steps. If the work is not completed in time, then eventually these employees will be fired, or at least given a warning. But that should not be used to tarnish other employees, who are really working hard in these difficult times.

Our employees are offered all the safety measures at the office, but they prefer moderate and calm work from home, over the work from office. They had sales plans, to make, they did not do them completely, they were warned about it, yet still they prefer to work from home, because "they thought that still few customers will visit the office". Btw, their salary depends from number of sales. They prefer to earn less, but work from home, over working from the office and earn more. Strange people.

My cousin works in IT. He works from home, but desires to get back to office. Because while working from he doesnt have standardized working day. His work does not end at 18:00. And he does earn hourly, but in county we have fixed monthly salaries.

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June 21, 2021, 07:37:33 AM
 #336

Our employees are offered all the safety measures at the office, but they prefer moderate and calm work from home, over the work from office. They had sales plans, to make, they did not do them completely, they were warned about it, yet still they prefer to work from home, because "they thought that still few customers will visit the office". Btw, their salary depends from number of sales. They prefer to earn less, but work from home, over working from the office and earn more. Strange people.

My cousin works in IT. He works from home, but desires to get back to office. Because while working from he doesnt have standardized working day. His work does not end at 18:00. And he does earn hourly, but in county we have fixed monthly salaries.

It is never 100% safe, no matter whatever safety measures are being put in place. Even those who have received two doses of the vaccines are not 100% safe from the virus, especially with so many new strains emerging. And regarding the argument that employees prefer to earn less, while working from home, it is perfectly understandable. After all, you can earn only if you are alive. And the argument from the part of employees is true as well. Economy hasn't yet recovered completely. So even if you go to the office, there will be less number of sales.
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June 21, 2021, 07:53:02 AM
 #337

Speaking about employees. There is a tricky situation. A friend of mine is having a clothes shop. He is about to open his shop again, but he can not find anyone to work in it. He is even ready to increase salary. But nobody wants to work. Usually people that came from other cities and rent flats work in such area. But now, due to covid and closed shops, they went back to their town (because they cant pay rent) and dont want to return. They prefer to stay home and receive allowance, (which is if I'm not mistaken 65% or they average 6 months salary) instead of returning, finding a place to rent and earn...

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June 21, 2021, 09:04:23 PM
 #338

I'm feeling the effects it's having on my life very well, all businesses have been down for almost a year now, and I still haven't seen the positive things that can change everything. But anyway, I still feel very fortunate to live in a country with a very high sense of disease prevention.
- Right now, Covid is steadily increasing more than the value of bitcoin every day, I don't feel too much safety around densely populated areas when contacting or stepping out of the house, sometimes there is not too much mood for business when customers keep canceling contracts, cooperative companies begin to dissolve. Being positive in business is no longer in my mind, society is the first thing that needs positive things, they create assets, without them, business would not be better
the same i feel like you. It's never comfortable being outside with a lot of people. Covid has spread everywhere, even more tragically, there are still many people who don't believe it and don't adhere to health protocols properly. Especially in my country, small communities are greatly affected. If the government has the right solution , I think the small traders who require them to keep working will be compliant if this solution is right for their survival . Unfortunately so far they have been forced to stay outside because the government solution does not exist for them.
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June 21, 2021, 09:07:24 PM
 #339

I'm feeling the effects it's having on my life very well, all businesses have been down for almost a year now, and I still haven't seen the positive things that can change everything. But anyway, I still feel very fortunate to live in a country with a very high sense of disease prevention.
- Right now, Covid is steadily increasing more than the value of bitcoin every day, I don't feel too much safety around densely populated areas when contacting or stepping out of the house, sometimes there is not too much mood for business when customers keep canceling contracts, cooperative companies begin to dissolve. Being positive in business is no longer in my mind, society is the first thing that needs positive things, they create assets, without them, business would not be better
the same i feel like you. It's never comfortable being outside with a lot of people. Covid has spread everywhere, even more tragically, there are still many people who don't believe it and don't adhere to health protocols properly. Especially in my country, small communities are greatly affected. If the government has the right solution , I think the small traders who require them to keep working will be compliant if this solution is right for their survival . Unfortunately so far they have been forced to stay outside because the government solution does not exist for them.
Get vaccinated and your family so you'll be able to roam outside without thinking about the danger to your health. The solution of the government is the vaccine, if you are not going to take it, then you'll continue to be part of the problem. In small countries, the release of vaccines is not that fast compared to the big countries, but at least there's a vaccine, slowly but surely, everyone can have theirs.

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June 21, 2021, 09:33:19 PM
 #340

in a fact, many people kick out by their factory. unemployment be the one problem, like continue regenerating because of pandemic. we cant blame the boss, because no other way to face this situation.
crypto cant be a good solution because there are many people dont know about it. and people who know crypto, not affected, and still survive till now

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June 21, 2021, 09:35:28 PM
 #341

in a fact, many people kick out by their factory. unemployment be the one problem, like continue regenerating because of pandemic. we cant blame the boss, because no other way to face this situation.
crypto cant be a good solution because there are many people dont know about it. and people who know crypto, not affected, and still survive till now
The pandemic is the one to blame as we're not expecting it to happen.

And with such restrictions coming from the government, those companies has to react necessarily with whatever is going to save their companies through removing some of their employees and lessening their manpower cost.

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June 22, 2021, 10:38:50 AM
 #342



Until now, judging from the whole, I think the economic sector is not fully normal.
of course it can't be separated from this pandemic and we don't know when this will end,
but for now I feel better than at the beginning of the pandemic
[/quote]

   Yes it is still the pandemic destroying our economic , sometime I've lost hope due that My work are not consistently, I'm very frustrated about that I'm a bread winner of my family, worried about if where I get Food to fed for my family, no more word to say but except to pray in God that someday it will okay
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June 22, 2021, 11:46:01 AM
 #343

Yes it is still the pandemic destroying our economic , sometime I've lost hope due that My work are not consistently, I'm very frustrated about that I'm a bread winner of my family, worried about if where I get Food to fed for my family, no more word to say but except to pray in God that someday it will okay

Unfortunately there are a lot of people in this situation. I consider myself fortunate, because I am working in the IT sector and I am receiving regular salary every month although I am working from home. But I have heard about stories of hardship from those who are in the blue collar sector, such as factory workers. But the worst hit group are those who are employed in the unorganized sector, such as roadside vendors. These people are mostly without any work since 2020. And by now the savings have also vanished.
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June 22, 2021, 03:06:19 PM
 #344

in a fact, many people kick out by their factory. unemployment be the one problem, like continue regenerating because of pandemic. we cant blame the boss, because no other way to face this situation.
crypto cant be a good solution because there are many people dont know about it. and people who know crypto, not affected, and still survive till now
The pandemic is the one to blame as we're not expecting it to happen.

And with such restrictions coming from the government, those companies has to react necessarily with whatever is going to save their companies through removing some of their employees and lessening their manpower cost.
but, there are a company still save their people. not all, but they will change the list of attendees every day, so people still work and have their income although they dont get at full salary.
back to the point, we cant blame the boss when they reduce some employee

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June 22, 2021, 03:12:12 PM
 #345

in a fact, many people kick out by their factory. unemployment be the one problem, like continue regenerating because of pandemic. we cant blame the boss, because no other way to face this situation.
crypto cant be a good solution because there are many people dont know about it. and people who know crypto, not affected, and still survive till now
The pandemic is the one to blame as we're not expecting it to happen.

And with such restrictions coming from the government, those companies has to react necessarily with whatever is going to save their companies through removing some of their employees and lessening their manpower cost.
but, there are a company still save their people. not all, but they will change the list of attendees every day, so people still work and have their income although they dont get at full salary.
back to the point, we cant blame the boss when they reduce some employee
Well I agree with you. Not all bosses just play as they please, because even large companies are also regulated by the labor service where there is already a law that regulates it. Many of them are still employing their employees. Only limit the number with the difference in working hours. If the work can be done at home, it must be done at home, those who have to go to their office must have prepared a room with a bordered wall.
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June 22, 2021, 03:50:10 PM
 #346

in a fact, many people kick out by their factory. unemployment be the one problem, like continue regenerating because of pandemic. we cant blame the boss, because no other way to face this situation.
crypto cant be a good solution because there are many people dont know about it. and people who know crypto, not affected, and still survive till now
The pandemic is the one to blame as we're not expecting it to happen.

And with such restrictions coming from the government, those companies has to react necessarily with whatever is going to save their companies through removing some of their employees and lessening their manpower cost.
but, there are a company still save their people. not all, but they will change the list of attendees every day, so people still work and have their income although they dont get at full salary.
back to the point, we cant blame the boss when they reduce some employee
I agree with you and I'm sure the boss must have considered carefully and had reasons before reducing some employees,
especially in the current conditions almost all entrepreneurs are trying to make their business survive,
Of course it's not easy to get past that

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June 22, 2021, 05:52:20 PM
 #347

in a fact, many people kick out by their factory. unemployment be the one problem, like continue regenerating because of pandemic. we cant blame the boss, because no other way to face this situation.
crypto cant be a good solution because there are many people dont know about it. and people who know crypto, not affected, and still survive till now
The pandemic is the one to blame as we're not expecting it to happen.

And with such restrictions coming from the government, those companies has to react necessarily with whatever is going to save their companies through removing some of their employees and lessening their manpower cost.
but, there are a company still save their people. not all, but they will change the list of attendees every day, so people still work and have their income although they dont get at full salary.
back to the point, we cant blame the boss when they reduce some employee
I agree with you and I'm sure the boss must have considered carefully and had reasons before reducing some employees,
especially in the current conditions almost all entrepreneurs are trying to make their business survive,
Of course it's not easy to get past that
Yes, especially if it is a garment company that produces clothes and raw materials from China. I'm sure they're going through a loss phase. That's why some employees are laid off to maintain the continuity of the company. This is indeed a difficult situation, covid has taught how important it is to have savings.
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June 23, 2021, 03:05:04 AM
 #348

Yes, especially if it is a garment company that produces clothes and raw materials from China. I'm sure they're going through a loss phase. That's why some employees are laid off to maintain the continuity of the company. This is indeed a difficult situation, covid has taught how important it is to have savings.

Staff employed at factories and other manufacturing units can't work from home. And especially in the textile sector, many of the factories operate with such thin margins, and any slump in revenues will push them to loss. So it makes sense to lay off a portion of the work force. The choice is between closing down the factory altogether and laying off a part of the employees. Such manufacturing units may struggle to get any sort of relief funds or compensation from the governments, because at the time of the pandemic the governments in third world nations are mostly focusing on individuals rather than the businesses.

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June 23, 2021, 03:54:14 AM
 #349

Yes it is still the pandemic destroying our economic , sometime I've lost hope due that My work are not consistently, I'm very frustrated about that I'm a bread winner of my family, worried about if where I get Food to fed for my family, no more word to say but except to pray in God that someday it will okay

Unfortunately there are a lot of people in this situation. I consider myself fortunate, because I am working in the IT sector and I am receiving regular salary every month although I am working from home. But I have heard about stories of hardship from those who are in the blue collar sector, such as factory workers. But the worst hit group are those who are employed in the unorganized sector, such as roadside vendors. These people are mostly without any work since 2020. And by now the savings have also vanished.
There is no exception from the pandemic mate , I have been working in Home since 2020 but half of my co employees are being Lay Off because of cost cutting from out company , though they have been paid before termination  yet that won't be enough to feed their family as the country is still struggling and there are no available work to apply.

I hate the pandemic but just like every war there must be casualty , We are only lucky to stay working while others stopped or being kicked.

Let us all pray that this will end soon and everything will return back to what we are in the last 2 years of our life.

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July 01, 2021, 02:47:05 PM
 #350

thousands have lost their jobs. Agriculture is very much affected especially the farmers and fishermen., businesses have been closed. the government borrowed money from different countries to be able to survive. the tourism sector is also affected due to closing of borders and travel requirements. but the government is doing its best to be able to survive and help its people to rise and hope that this pandemic will end soon. Hopefully.

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July 01, 2021, 06:28:18 PM
 #351

There is no exception from the pandemic mate , I have been working in Home since 2020 but half of my co employees are being Lay Off because of cost cutting from out company , though they have been paid before termination  yet that won't be enough to feed their family as the country is still struggling and there are no available work to apply.

I hate the pandemic but just like every war there must be casualty , We are only lucky to stay working while others stopped or being kicked.

Let us all pray that this will end soon and everything will return back to what we are in the last 2 years of our life.

Well.. in the private sector, there is nothing like job security. You always need to worry about the layoffs, especially during such testing times. I am fortunate to be part of a private company that is not impacted by the pandemic. Since I am working from home, my expenses have reduced by around 75% and the savings have swelled. But I know that I am among the small minority which benefited from the pandemic. The vast majority have been pushed in to poverty, as a result of reduced earnings and layoffs.
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July 01, 2021, 06:57:31 PM
 #352

There is no exception from the pandemic mate , I have been working in Home since 2020 but half of my co employees are being Lay Off because of cost cutting from out company , though they have been paid before termination  yet that won't be enough to feed their family as the country is still struggling and there are no available work to apply.

I hate the pandemic but just like every war there must be casualty , We are only lucky to stay working while others stopped or being kicked.

Let us all pray that this will end soon and everything will return back to what we are in the last 2 years of our life.

Well.. in the private sector, there is nothing like job security. You always need to worry about the layoffs, especially during such testing times. I am fortunate to be part of a private company that is not impacted by the pandemic. Since I am working from home, my expenses have reduced by around 75% and the savings have swelled. But I know that I am among the small minority which benefited from the pandemic. The vast majority have been pushed in to poverty, as a result of reduced earnings and layoffs.
For those people who had been affected then its really sad to hear out but there are indeed people who do save up even more with this pandemic situation and they hadnt really affected much despite of the situation
because not all are really working physically into those traditional businesses or companies that we do saw and since we are on digital age where most people who had been working online or from home
wont really get affected much on the situation.

It would rather vary though on what industry they are belong on of said company because there are companies which are essentials or much really needed on this time and some wouldnt really care as long the operation would continue despite of the situation.

Economy had surely been affected with this pandemic situation but we are coping on it somehow for most countries in the world which is already considered great.

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July 01, 2021, 07:07:47 PM
 #353

Here the pandemic has really slowed things down, Politically the politicians in power are feeling the pressure as solutions are expected to come through from them, economically this part is slow to stagnant and technologically things to be improving in this area has this is the only space that has seen some positives.

But honestly I would really appreciate if this whole covid thing comes to an end because it has left a trail of destruction world over.

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