Covid-19 effect on your country's economy!!!

[Barnabe]

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)

[Finestream]

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.

[Finestream]

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.

[Cling18]

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.

[verita1]

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!

[metenjean]

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.

[ningrum]

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

[Vishnu.Reang]

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.

[Chrystora123]

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..

[shield132]

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.

[tbterryboy]

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.

[BuNga_cute]

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.

[amishmanish]

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.

[Barnabe]

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.

[Zemomtum]

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

[amishmanish]

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.

[Lorence.xD]

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.

[Inkdatar]

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.

[yohananaomi]

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.

[Ronaldcoin2017]

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.