How in the world we going to restart the world economy ?

[spy100]

How in the world we going to restart the world economy ?

Let's let the dollars circulate  
https://www.youtube.com/watch?v=HvNlkW_sNcM

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[jackg]

What terratory are you in? In the UK we only lost about 20% of the economy in March even due to lockdown (so enough people bought things and did things online while being off).. Most countries seemed to furlough people too so they did get "free" money from the government.

I don't think it should be up to a government to give away free money, maybe give money in exchange for efforts people have wput in to social distance, isolate or volunteer to help but you can't print enoghb money for everyone to start a company...

[spy100]

What terratory are you in? In the UK we only lost about 20% of the economy in March even due to lockdown (so enough people bought things and did things online while being off).. Most countries seemed to furlough people too so they did get "free" money from the government.

I don't think it should be up to a government to give away free money, maybe give money in exchange for efforts people have wput in to social distance, isolate or volunteer to help but you can't print enoghb money for everyone to start a company...

I am in "Mainland Europe" it's all dead here ...
"In the UK we only lost about 20% of the economy in March" wait for it ... now people are spending savings they made...wait until savings gone ... 

[jackg]

Not including furloughed staff, unemployment rates are at 8%.afaik which is 2.5x the standard 3% thst was expected. So yes more are without funds but at the same time more aren't spending money on things like restaurants and pubs so they should still have funds for a while....

A lot of unemployed staff will probably refind employment within the next 3 years if they don't find it straight away as the economy recovers. Already the stock market seems to be reaching higher on whole world indexes and Europe ex UK (the UK is taking a bit longer to grow but I think that's due to airlines and travel companies based here).

[Darkuso]

It has been dead in Venezuela for years, so nothing has changed here. Hahaha, that is why I have all my trust on bitcoin and few other cryptos.

But being honest is really hard to predict mostly because on autumn and winter everything could be worst.

[so98nn]

What terratory are you in? In the UK we only lost about 20% of the economy in March even due to lockdown (so enough people bought things and did things online while being off).. Most countries seemed to furlough people too so they did get "free" money from the government.

I don't think it should be up to a government to give away free money, maybe give money in exchange for efforts people have wput in to social distance, isolate or volunteer to help but you can't print enoghb money for everyone to start a company...

Yeah, same thing goes in India where government decided to give out 271 billion dollar (20 Lakh Crore) stimulus package to businesses itself. This will help small scale to midcap business restart from where they left and fill up their losses if any.

On the contrary I also believe that people have lost nothing since as whole world was stopped at one point. This means the whole chain from producer to middleman to consumer was halted. Thus the loss which is being hiked so much these days doesn't really exists.

It's just that we have lagged behind a lot and it won't take much time before economy resets itself.

[Latviand]

What terratory are you in? In the UK we only lost about 20% of the economy in March even due to lockdown (so enough people bought things and did things online while being off).. Most countries seemed to furlough people too so they did get "free" money from the government.

I don't think it should be up to a government to give away free money, maybe give money in exchange for efforts people have wput in to social distance, isolate or volunteer to help but you can't print enoghb money for everyone to start a company...

Here in Philippines, they don't allocate the proper budget for this pandemic. There is a budget that's allocated to help those families in need amidst this pandemic but not all of them received even a single cent. The government here is not that strategic enough when it comes to planning on how the economy will recover from the damages brought by this pandemic.

The authorities here are more focused on some other issues than the economic issues. I heard that our President already borrowed huge a lot of budget from the World Bank and other Organizations but I don't think that they properly used it. I don't think that if the government's mindset is not focus on the greater good of its people, then the economy will really have a hard time to restart even the world economy.

[jackg]

On the contrary I also believe that people have lost nothing since as whole world was stopped at one point. This means the whole chain from producer to middleman to consumer was halted. Thus the loss which is being hiked so much these days doesn't really exists.

It's just that we have lagged behind a lot and it won't take much time before economy resets itself.

Yeah I think there is a point that if one country bails out the weak companies during a pandemic like the US or China may have done to an extent then other countries have to do the same to remain stable.

A lot of economies are propped up most of the time by a constant income supply from pensions into companies so that cash flow being hit will probably cause additional issues..  Although companies should've forseen problems since December.

[btc_angela]

On the contrary I also believe that people have lost nothing since as whole world was stopped at one point. This means the whole chain from producer to middleman to consumer was halted. Thus the loss which is being hiked so much these days doesn't really exists.

It's just that we have lagged behind a lot and it won't take much time before economy resets itself.

Yeah I think there is a point that if one country bails out the weak companies during a pandemic like the US or China may have done to an extent then other countries have to do the same to remain stable.

Bailing out companies is already a thing even before the pandemic, but its just prevalent today specially those countries which has a weak economy to begin with.

A lot of economies are propped up most of the time by a constant income supply from pensions into companies so that cash flow being hit will probably cause additional issues..  Although companies should've forseen problems since December.

I guess its going to be cyclical, if one company close due to the effect of corona virus, there could be hundred that will open and take advantage, like food deliveries or even taxi hauling services. So definitely, there's a huge chance that the majority of the countries will survived this pandemic.

[BitcoinTurk]

How in the world we going to restart the world economy ?

Let's let the dollars circulate  
https://www.youtube.com/watch?v=HvNlkW_sNcM

I want to start my message by making a correction like this: "The world economy is not forming again, it is officially collapsing."
Yes, I evaluate this situation as follows because the economies of all world countries continue to shrink and the people of the world are getting poorer with this difficult process we are going through. If we think that the effects of this pandemic and economic crisis that we are going through will continue for a very long time, I think that the world economy will not be able to recover again soon and that much more difficult economic conditions are waiting for us. In addition, there is a fact that all the solutions produced to spend this difficult process in the short term will unfortunately cause serious damage in the long term.

[abhiseshakana]

We will not be able to restart the economy, who's can restore the global economy is the one who created the system. Even a country as big as China, which is currently dominating trade and finance, still has difficulty restoring the economy.

The system maker has created an integrated and interlocking system that creates multiple layers to make his wealth enduring. The 3-5% group controls 93-95% wealth and will be maintained as such. Times may change but the system is still formed by them. After gold was dominated by a group of people, the Bretton Woods system was removed specifically for the US. This is what destroys the wealth of the system owner by dominating the currency.

+/- 200 compared to +/- 780 is a comparison of the number of countries in the world and the number of US military bases abroad. This can be a deterrent effect for the US and a determining factor. But the US is only a proxy to achieve the interests of this group.

[Pectivark]

If the epidemic is not brought under control, then every attempt by governments to restore their economic activities will end in failure.

Governments that have started the policy of home quarantine should continue with the gradual restoration of life through social distancing.
As for governments that began with social divergence as a solution, they must continue to do so.

After controlling the epidemic, the restoration of the economy will be rapid because the citizens are ready to return to work and thus increase the activity in tourism, buying and selling easily,

We are talking about an economic crisis, not a financial one.

[FanEagle]

There are nations that are expecting the citizens to pay for this pandemic as well. Not all nations are doing what UK or USA did because if they do the same thing and print money their money will become worthless so there is no way they could do anything similar at all. Hence, right now governments are asking the wealthy people to send money, created this weird charity type of organization or whatever it is called and all the money goes there regarding corona and all the people affected by corona will be spent from there as well.

It is an interesting thing but if it works there is not much to do. After all rich people became rich thanks to those people who are in need, and now it is time to pay back to those people so I kind of understand the logic and even support it, I just wish government could have stepped in as well.

[TimeTeller]

If the epidemic is not brought under control, then every attempt by governments to restore their economic activities will end in failure.

Governments that have started the policy of home quarantine should continue with the gradual restoration of life through social distancing.
As for governments that began with social divergence as a solution, they must continue to do so.

After controlling the epidemic, the restoration of the economy will be rapid because the citizens are ready to return to work and thus increase the activity in tourism, buying and selling easily,

We are talking about an economic crisis, not a financial one.

We can always conquer this situation that we are in.
How many times the humanity experienced pandemic or economic downfall, yet, we are still here?
This is just another test to humanity, and I strongly believe, there's always a way to overcome such struggle.

[metenjean]

The world keep continue for growing their economic and lost population to make economic keep exist for long term, they will try thousand way how to get benefit from each opinion giving to public, now day many countries faced economic crisis with covid 19 and they have looking for new way how to stop this virus and bring back to recovery economic world.

[Mauser]

I think it's hard to judge the hole economy just after a few months. We should wait a few more months to actually look at the economy numbers.People still have money in their pockets and the governments are print more of it to inject into the economy.
Due to corona every big investment is kind of on hold until the we are having better outlooks for the future. Home sellers are waiting instead of selling at a discount at the moment. Car buyers are waiting too for better prices or just an up tick in employment again.
I believe for most people cash is king at the moment. Investments will pick up again.

[Lorence.xD]

The government and the people of the country should work together and do their part to help build a solution to this menacing problem, economic restart is a hard thing to do if there is no significant help from the government, they should create a method for sanitizing workers safely in their workplace and on the mass part, they should practice discipline and social distancing. The government should make a very strategic plan on managing their finances because in this time of economic decline, a constant flow in finance is the only lifeline of a country, we can't simply get all the money from businesses since they are affected too. I hope that this pandemic taught us about the importance of health and how investing on it will make a difference.

[AniviaBtc]

The world keep continue for growing their economic and lost population to make economic keep exist for long term, they will try thousand way how to get benefit from each opinion giving to public, now day many countries faced economic crisis with covid 19 and they have looking for new way how to stop this virus and bring back to recovery economic world.

Once the Covid-19 become weaker and the number of cases shrinked , little by little the government should allow small and large businesses to operate with a new set of rules and regulations. By that, businesses will be able to pay reasonable taxes and I know that there is still a virus but somehow we can recover from economic crisis slowly.

It is not that instant, I know that it is hard to handle the safety of all people. The government should advertise precautionary measures to keep themselves away from the risk of getting the disease once businesses are open.

Right now, the government should focus more on helping the hospitals do their duty and eliminate the virus by allocating them the budget to handle and treat people with proper equipments.

[bitbunnny]

I don't think there is a general receipe to recover economy. Each and every country is unique and has different conditions and starting position.
EU is trying to help the member states through financial injections in the form of special financial mechanisms. That might help but EU will pay off such funds in another 30 years or so.
First, there should be conditions for economies to recover and at the first place that means control of pandemic. Unfortunately, in.some countries situation is getting worse and for the fall the predictions are very black. To be.honest, I don't think that countries actualy have feasible plans for recovery.

[CarnagexD]

How in the world we going to restart the world economy ?

Let's let the dollars circulate  
https://www.youtube.com/watch?v=HvNlkW_sNcM

I want to start my message by making a correction like this: "The world economy is not forming again, it is officially collapsing."
Yes, I evaluate this situation as follows because the economies of all world countries continue to shrink and the people of the world are getting poorer with this difficult process we are going through. If we think that the effects of this pandemic and economic crisis that we are going through will continue for a very long time, I think that the world economy will not be able to recover again soon and that much more difficult economic conditions are waiting for us. In addition, there is a fact that all the solutions produced to spend this difficult process in the short term will unfortunately cause serious damage in the long term.

Most of the countries right now are really suffering from economic crisis brought by this pandemic. The government should prioritize both health sector and manufacturing sector so that we can somehow slowly recover from all of the expenses that was spent by the government to fight this virus, like PPEs and other health equipments. I know that taxes will extremely increase and some of the people are unable to go to work due to the risk of this Covid-19. It is hard to recover from this downfall right now because the number of cases is continuously increasing than decreasing. World economy will surely recover soon but it will take a lot of time and effort before we achieve that. Economic crisis is not an easy issue to handle as it can affect a lot of sectors of the government. I believe that governments will think of an effective solution to overcome this struggle and the people should cooperate in making the economy grow once again.

[Negotiation]

The world economy has been hit hard by the epidemic and the government alone will never be able to recover Therefore if the government as well as the people cooperate it is possible to recover the country's economy very quickly. But before that more allocations will have to be made to those sectors where the economic situation has worsened due to the virus More allocations should be made to the health sector as well as to the agricultural sector as production for the virus has come down a lot If productivity does not increase there will be more food crises.

[Botnake]

It's our government's responsibility to find ways to recover from the lose in this pandemic, and we will keep losing until the vaccine is release as we are still dealing with a lot of restrictions now, maybe some industries have already resume their operation but other industry are still not permitted and we know that every business has employees on it, so this would create bigger problems particularly the unemployment problem.

However, like in the past, I believe that our government will be able to find a way to survive, recover, and improve the economy once again, if you trust your government, you'll become an abiding citizen and would support their actions for the benefit of all even if it would result to increase of tax.

[enhu]

What terratory are you in? In the UK we only lost about 20% of the economy in March even due to lockdown (so enough people bought things and did things online while being off).. Most countries seemed to furlough people too so they did get "free" money from the government.

I don't think it should be up to a government to give away free money, maybe give money in exchange for efforts people have wput in to social distance, isolate or volunteer to help but you can't print enoghb money for everyone to start a company...

I am in "Mainland Europe" it's all dead here ...
"In the UK we only lost about 20% of the economy in March" wait for it ... now people are spending savings they made...wait until savings gone ... 

Its going to be a ruthless world out there when people savings are gone. Hunger will push us to the limit so pleeeeease let the dollar circulate! Dollar Dollar Dollar Dollar Dollar circulate!

The vaccine will be made, we might be able to restart again. I'm as much eager than anyone I can't remember the last beautiful woman I saw already, everyone wears masks. I hope to see your ACT project continue.

[Janation]

Here in our country, I can feel the people needing help especially those that don't have a job.

But most of the people are starting as usual. There are still that can't go to their jobs and there are those that already started weeks ago. Despite the national debt of our country, I guess people are doing great and slowly going back to normal, well, new normal. We can't just rely on the government here, people will be able to help and since most of the people here are skilled with how to earn money, they are using the internet now to earn. Reselling, online shops and there are also those that deliver food and other things.

[Arkann]

Ladies and gentlemen, unfortunately we are. in such a situation when there will be no return to the old rhythm of life. And this is primarily true of the global economy. The massive redistribution of financial resources carried out by governments in recent years, directs us to a completely different reality. The COVID-19 crisis plunges the global economy into a recession with historic levels of unemployment and poverty. economists should offer the government new approaches for the development of the economy, and not think with old patterns when the main task was to earn super-profits without thinking about social policies.

[Thasins61]

Governments hide economic impacts during the past months, but everything will appear in the coming months.
We cannot live in an economy that is falling apart, so everyone will think about the economic consequences more than the deaths that occur due to the pandemic.
5% will not put pressure on governments to reopen the economy, and many people will start getting used to the new conditions.
The governments that began with fear will not succeed in such bold decisions.

[wozzek23]

The greatest idea that I have read from a professor of economy is to let people go back to business but also keep them at home as much as they can (3 day weekend or less work hours or just continue remote if they can) while also keeping the regular cafe, restaurant and other business that needs to go back to how things were.

That way you are keeping the office people at home and work whenever they want and give them more free time to spend their money as well, those people who work less will spend this newly found free time on going outside and eating outside or doing whatever they can to spend money. Why? Because they have been stuck at home for a long time and they want to do something new and refreshing compared to previous 4 months. That is the best thing we can do now for the economy.

[AakZaki]

The greatest idea that I have read from a professor of economy is to let people go back to business but also keep them at home as much as they can (3 day weekend or less work hours or just continue remote if they can) while also keeping the regular cafe, restaurant and other business that needs to go back to how things were.

That way you are keeping the office people at home and work whenever they want and give them more free time to spend their money as well, those people who work less will spend this newly found free time on going outside and eating outside or doing whatever they can to spend money. Why? Because they have been stuck at home for a long time and they want to do something new and refreshing compared to previous 4 months. That is the best thing we can do now for the economy.

and in essence is to start a normal life as usual, but still with the protocol set by the government to stay protected from the covid-19 virus. The economy will improve if the economy turns again and there are transactions between sellers and buyers every day. the economy gradually returns to the beginning so there is no prolonged economic crisis.

[ADLANE33]

Well, we are doing it already - govs made most of the people free to go to their jobs, so they will eventually get their money and they will spend it (not so easy as it was months before tho).
And you should understand that economy wasn't on pause for a second.
People were eating, living, breathing, talking, using services and etc - we simply stopped some working and communicating processes, economy was just hurt but never stopped.
We got to fill economy with liquidity, I believe that what you were trying to say OP

[fiulpro]

How in the world we going to restart the world economy ?

Let's let the dollars circulate  
https://www.youtube.com/watch?v=HvNlkW_sNcM

I don't think we have much of a choice here , we cannot just go forth and start the economy as it is , we need time and investment , letting the dollar circulate?
I do hope you realize that the more money is in circulation the less is its value as a whole , therefore I do think that we need to adapt to a different route .We have to ask the government to :
•Create Jobs
•Give people time to pay their mortgages and other stuff in the banks
•Local markets should be re-opned and carefully monitored
•One town/city should be able to meet the requirements of the people by themselves , without importing stuff from other areas , this way people will get high quality products at affordable prices , it will also benefit the local market .
•They need to first strengthen the laws regarding racial injustice because am not sure if people would like to work for them until and unless they listen to what the civilians have to say.
•Banks needs to decrease their interest rate of loans because people are struck in this time and this is the least that can be done.
•It should not be suddenly done , since this would not only increase the cases but also put the employees life at risk , one need to make sure they do this in steps , making sure they are giving employees all the sanitary requirements.
• NOT INTERNATIONAL right now the government can handle local tourism at various sites which does generate some revenue or provide mental peace for the people.
• I do think they need to make sanitizers and masks affordable for everyone too. They are highly overpriced . .

[$crypto$]

The COVID-19 crisis plunges the global economy into a recession with historic levels of unemployment and poverty. economists should offer the government new approaches for the development of the economy, and not think with old patterns when the main task was to earn super-profits without thinking about social policies.

This impact is almost in all countries for those affected by the Covid-19 epidemic with a bad economy, of course the government will implement policies to stabilize the economy so that we do not feel poverty and unemployment, therefore the evaluation is definitely done but we are left to conditions how to run the government when This has been a lot of evaluation in dealing in various ways and therefore will see economic development after applying the new normal now.

[KrisAlex18]

Because of this pandemic virus we are getting worse, it's hard for us to recover because this pandemic brought us so badly, there are many businesses that get failed because of being quarantine of the employee, there are many people who became jobless because of this virus, there are many opportunities being wasted because of what happened which result to the economic crisis even though this pandemic has gone, it's still hard for us to recover all things, it takes so much time to become normal again if we will help each other, if we will help our government and will obey them then we will be okay soon.

[ethereumhunter]

The COVID-19 crisis plunges the global economy into a recession with historic levels of unemployment and poverty. economists should offer the government new approaches for the development of the economy, and not think with old patterns when the main task was to earn super-profits without thinking about social policies.

This impact is almost in all countries for those affected by the Covid-19 epidemic with a bad economy, of course the government will implement policies to stabilize the economy so that we do not feel poverty and unemployment, therefore the evaluation is definitely done but we are left to conditions how to run the government when This has been a lot of evaluation in dealing in various ways and therefore will see economic development after applying the new normal now.

After this epidemic, I think the world will go on different ways to do business, communicate, or socialize. The economy in almost all countries will also restart because, in every industry, they will use some protocols in accepting the employee, and maybe the employee needs to have a letter that explains they are healthy. But for sure, the world economy will grow every day because people want to have money to fills their daily needs.

[Sanugarid]

It's our government's responsibility to find ways to recover from the lose in this pandemic, and we will keep losing until the vaccine is release as we are still dealing with a lot of restrictions now, maybe some industries have already resume their operation but other industry are still not permitted and we know that every business has employees on it, so this would create bigger problems particularly the unemployment problem.

I guess we don't need to worry about the restart because we will not do that the way we think of it. As we all see, the economy of every country starts to open again, slowly. Many industries are opening now not only those who provide essential products and services but also the secondary ones. As we walk through this problem expect a low unemployment rate by time, I can clearly see that we are going back to our old style of living, I'm not just so sure for countries who have been hit hard.

However, like in the past, I believe that our government will be able to find a way to survive, recover, and improve the economy once again, if you trust your government, you'll become an abiding citizen and would support their actions for the benefit of all even if it would result to increase of tax.

If we already did it, then we can just repeat it. And yes, just support each and every one so we all rise to the top.

[Botnake]

The COVID-19 crisis plunges the global economy into a recession with historic levels of unemployment and poverty. economists should offer the government new approaches for the development of the economy, and not think with old patterns when the main task was to earn super-profits without thinking about social policies.

This impact is almost in all countries for those affected by the Covid-19 epidemic with a bad economy, of course the government will implement policies to stabilize the economy so that we do not feel poverty and unemployment, therefore the evaluation is definitely done but we are left to conditions how to run the government when This has been a lot of evaluation in dealing in various ways and therefore will see economic development after applying the new normal now.

After this epidemic, I think the world will go on different ways to do business, communicate, or socialize. The economy in almost all countries will also restart because, in every industry, they will use some protocols in accepting the employee, and maybe the employee needs to have a letter that explains they are healthy. But for sure, the world economy will grow every day because people want to have money to fills their daily needs.

The pandemic will only end if we have the cure for the virus and the vaccine, then the old normal will be back.

We are  in a new normal, things are different now but slowly we are adopting with it, this is temporarily only, hopefully people will understand that and they will continue to be optimistic that soon the vaccine will eventually be release.

I believe the situation now is very serious, some does not see its effect on the economy as they are only looking at the health matters but there is a reason government can't stop business to prevent the spread of virus, and that is bigger than the pandemic which could result to an economic collapse.

[FlightyPouch]

People could start to go back to their jobs now. We can't rely on that free money that the government will give. Either it may not be complete or they might expect something that will not happen. Every big step start with small steps and restarting the economy does not always be the government's initiative but also people will be making that happen.  

[spy100]

What terratory are you in? In the UK we only lost about 20% of the economy in March even due to lockdown (so enough people bought things and did things online while being off).. Most countries seemed to furlough people too so they did get "free" money from the government.

I don't think it should be up to a government to give away free money, maybe give money in exchange for efforts people have wput in to social distance, isolate or volunteer to help but you can't print enoghb money for everyone to start a company...

I am in "Mainland Europe" it's all dead here ...
"In the UK we only lost about 20% of the economy in March" wait for it ... now people are spending savings they made...wait until savings gone ...  

Its going to be a ruthless world out there when people savings are gone. Hunger will push us to the limit so pleeeeease let the dollar circulate! Dollar Dollar Dollar Dollar Dollar circulate!

The vaccine will be made, we might be able to restart again. I'm as much eager than anyone I can't remember the last beautiful woman I saw already, everyone wears masks. I hope to see your ACT project continue.

AC.T will continue i am just fixing some bugs after reuploading  

[hunter7519]

Our world may not return to normal for some time.

It is not the first time that we are seeing a global disease pandemic and it certainly won’t be the last. Our modern world creates outbreaks like coronavirus. The coronavirus pandemic is a direct outcome of excessive activity over and beyond the capacity of our human and environmental ecosystem.

Our excessive existence is a hotly debated point. From the ecological crisis we are creating from carbon emissions and dumping plastic in the oceans, to the disproportionate wealth gap being created by modern U.S. style democratic capitalism, the warning signs are abundant.

We need to stop fighting resource wars among ourselves and against nature. Money and technology are tools we’ve created that need to serve us. And if it is humanity versus nature, nature is going to win. Every single time. Fundamentally, money is a claim on resources. A claim on energy spent somewhere in the system. But with digital infrastructure, we can transition away from burning physical energy in the system and confine it to the digital domain.

[Yatsan]

Actually the recovery of the world economy will be a tough task to be done since almost all countries around the world is affected by the pandemic so it would be a challenge for everyone to make things work out for the recovery of the world's economy.

To restart the world's economy, it will be in need that every country do help each other out by doing tradings, exportation and importation of needed goods that will benefit each and every one because at this Pandemic, the importation have been in minimal state to take precautionary measures not to spread the virus. The recovery would start once the economy of every countries will start to get back into a normal state which might happen in a slow process once this pandemic is done once cure have been discovered.

Once all of the solutions have been turned into actions, the process will took a slow implementation for the recovery of the world's economy. But for now, it is still hard to say now that number of cases have breach the 10 million mark.

[beerlover]

Right now we are going with the right direction actually. Not that this will be enough but the printing of money is probably the only thing nations could do right now to further fasten the recovery which is not really like by economists. Aside from that helping people within the budget and actually letting people go back outside are the two things you could do that almost every nation is already doing. Just give it some time and economy will recover, there is no problem with recovery.

You know whats the real problem? When recovery reaches to a level where everyone is looking like they are doing awesome again, some companies will do something idiotic and risky and crash the markets again, making regular people and shareholders lose insane amount of money, while they get bailed out and buy a luxury villa with it.

[meanwords]

I'd be honest, as long as there's still no vaccine for this virus, then the economy would still have a hard time recovering considering that people could still get infected and ruin people's business. Though it seems that things are getting controlled now.

I don't know much about the other countries but here in the Philippines, the government is still planning to extend the quarantine as there are people who are still getting infected at a high rate which would greatly affect the countries economy in the long run. Nevertheless, every country would still find a way to separate the infected ones and treat them.

Give the world time, economy would be blooming again soon once this pandemic end.

[MCobian]

Some countries have begun to open lockdowns and quarantines, so the economy can restart again. Because the world economy has been
destroyed by pandemic, many people run out their savings to buy their daily needs. Even though the pandemic is not over, because it is
up to no vaccine has been found yet. However, the economy must start running again, and therefore people are allowed to work again. But
by continuing to implement health protocols, such as always wearing a mask, keeping a distance from others and washing hands frequently.

[ethereumhunter]

After this epidemic, I think the world will go on different ways to do business, communicate, or socialize. The economy in almost all countries will also restart because, in every industry, they will use some protocols in accepting the employee, and maybe the employee needs to have a letter that explains they are healthy. But for sure, the world economy will grow every day because people want to have money to fills their daily needs.

The pandemic will only end if we have the cure for the virus and the vaccine, then the old normal will be back.

We are  in a new normal, things are different now but slowly we are adopting with it, this is temporarily only, hopefully people will understand that and they will continue to be optimistic that soon the vaccine will eventually be release.

I believe the situation now is very serious, some does not see its effect on the economy as they are only looking at the health matters but there is a reason government can't stop business to prevent the spread of virus, and that is bigger than the pandemic which could result to an economic collapse.

I don't think that the old normal will be back even if we have the vaccine for the virus because we already have the worst experience in this pandemic. We need to change to the new normal base on the situation now, and maybe there will different situations than before. The new normal will be adopted by all people, whether they want or not because that is the new protocols from the government to control the virus.

I agree that the situations now become serious because, in the new normal, we see the crowd of people in the public area which can trigger the other bad situations.

[plvbob0070]

Most countries are now at the beginning phase of recovering from what we have lost during the months of lockdown. They can't let the economy stopped working for a long time because it will just affect everyone living in that area. As I have noticed from other countries, businesses are starting to operate again with strict protocols implementing to protect everyone. I guess that's how we can recover from the losses. It may not be for the long term solution because it can cause more positive cases, but there's no other solution while we are still waiting for the vaccine.

I'd be honest, as long as there's still no vaccine for this virus, then the economy would still have a hard time recovering considering that people could still get infected and ruin people's business. Though it seems that things are getting controlled now.

I don't know much about the other countries but here in the Philippines, the government is still planning to extend the quarantine as there are people who are still getting infected at a high rate which would greatly affect the countries economy in the long run. Nevertheless, every country would still find a way to separate the infected ones and treat them.

Give the world time, economy would be blooming again soon once this pandemic end.

I think in the Philippines, we have not controlled this pandemic since it keeps on increasing, it's just that we are slowly getting used to the fact that there is a virus and we can't do anything but to keep living.

[joshua123]

I'd be honest, as long as there's still no vaccine for this virus, then the economy would still have a hard time recovering considering that people could still get infected and ruin people's business.

I think I would agree on this. The most suitable solution on this crisis are vaccines which could lift the virus completely. All over the world the cases are still growing, how can economy survive if someone on your watch dies from time to time.

Business are all affected which have difficulty to cope with the employees- employer situation. Some have been terminated, forced to resign, all signs of closure.

I think if there's time we can go back to normal that would be long period of time and I cant see an end to this yet.

[imstillthebest]

I'd be honest, as long as there's still no vaccine for this virus, then the economy would still have a hard time recovering considering that people could still get infected and ruin people's business.

I think I would agree on this. The most suitable solution on this crisis are vaccines which could lift the virus completely. All over the world the cases are still growing, how can economy survive if someone on your watch dies from time to time.

Business are all affected which have difficulty to cope with the employees- employer situation. Some have been terminated, forced to resign, all signs of closure.

I think if there's time we can go back to normal that would be long period of time and I cant see an end to this yet.

someone from our watch ? watchlist  ?  cant understand what it means but the economy can survive because not all people are dying  . they say those who die do already have an existing disease   . they die maybe not because of covid but you know , everyone is insisting that cause of death is cause by covid  . left and right , people are screaming for vaccines   . they think this is the only solution to the problem but we must not pressure those who creates it  . something wrong can happen if they will rush it , just like what happen to previous vaccines

[rodskee]

Some countries have begun to open lockdowns and quarantines, so the economy can restart again. Because the world economy has been
destroyed by pandemic, many people run out their savings to buy their daily needs.

It's being felt mostly from those middle class people who are now losing all the savings, the economy
needs to be restart in somehow.

Even though the pandemic is not over, because it is  up to no vaccine has been found yet. However, the economy must start running again, and therefore people are allowed to work again.

Government needs to take the risk as they can't afford to continue supplying the needs of those who
who already loses job and  businesses.

But  by continuing to implement health protocols, such as always wearing a mask, keeping a distance from others and washing hands frequently.

From this way, it can lessen the spread if everyone will help and follow all the protocols.

[LogitechMouse]

Some countries have begun to open lockdowns and quarantines, so the economy can restart again. Because the world economy has been destroyed by pandemic, many people run out their savings to buy their daily needs.

It is a risky move but for the sake of their economy and their country, they need to do it. In some European Countries, most of them have updated the guidelines already regarding the lockdown of the country. Some establishments have reopened because they have no other choice.

Those people who have savings pre pandemic didn't affected too much compare to those people who doesn't have any savings at all because of some reasons and this is quite unfortunate for them. Maybe this will serve as a lesson for those who don't know how to save a portion of their income in emergency funds.

Even though the pandemic is not over, because it is up to no vaccine has been found yet. However, the economy must start running again, and therefore people are allowed to work again. But by continuing to implement health protocols, such as always wearing a mask, keeping a distance from others and washing hands frequently.

Well, maybe in some countries the virus is quite controllable already that is why they allowed some establishments again to recover the economy. We must adopt to the new normal already where all of the people outside wears mask and social distancing must be imposed all the time.

[mezzaluna]

That will take a lot of time if that is the only way to restart the World Economy. Circulating dollars is not the only way to restart it. One problem if we start the circulation of Dollars, then opportunist would really take this time to make for counterfeits of dollars. That is not the only way to restart the world economy but rather start within own countries. Governments should step up if they really want to contribute to the World Economy.

[Chrystora123]

Some countries have begun to open lockdowns and quarantines, so the economy can restart again. Because the world economy has been
destroyed by pandemic, many people run out their savings to buy their daily needs. Even though the pandemic is not over, because it is
up to no vaccine has been found yet. However, the economy must start running again, and therefore people are allowed to work again. But
by continuing to implement health protocols, such as always wearing a mask, keeping a distance from others and washing hands frequently.

the fact that happens on the ground that doing work activities and continuing to use masks is very uncomfortable, this is why millions of people are lazy to use masks when working and doing outdoor activities..  the current crisis will not be completed if the vaccine has not been found.  the vaccine or the possibility of the fastest treatment for COVID-19 patients is one of our hopes to stop the crisis caused by this "PANDEMIC"..

[Kasabus]

Some countries have begun to open lockdowns and quarantines, so the economy can restart again. Because the world economy has been
destroyed by pandemic, many people run out their savings to buy their daily needs. Even though the pandemic is not over, because it is
up to no vaccine has been found yet. However, the economy must start running again, and therefore people are allowed to work again. But
by continuing to implement health protocols, such as always wearing a mask, keeping a distance from others and washing hands frequently.

the fact that happens on the ground that doing work activities and continuing to use masks is very uncomfortable, this is why millions of people are lazy to use masks when working and doing outdoor activities..  the current crisis will not be completed if the vaccine has not been found.  the vaccine or the possibility of the fastest treatment for COVID-19 patients is one of our hopes to stop the crisis caused by this "PANDEMIC"..

We have no choice but to keep ourselves safe by wearing masks and observe social distancing especially when we are in outdoors. The world's economy is now going to collapse if the government cannot assess the needs of their citizens and continue losing the jobs of millions of people. But if the government will help these people by offering jobs to have their own sources if income, then i think the world's economy will start to recover again.

[abhiseshakana]

That will take a lot of time if that is the only way to restart the World Economy. Circulating dollars is not the only way to restart it. One problem if we start the circulation of Dollars, then opportunist would really take this time to make for counterfeits of dollars. That is not the only way to restart the world economy but rather start within own countries. Governments should step up if they really want to contribute to the World Economy.

How can the dollar be circulated throughout the world, if trade volumes decline due to decreased supply and demand and disruption of global supply chains? Economic improvements will be made at the national level first. When each country's economy improves, trade connections between countries will be formed.

To restore the economy, the government must improve the demand side which will be followed by improvement in the supply side. Printing money can be done by the government to improve demand and supply but it is not intended for consumption. But it revives the production sector so that labor is absorbed and demand improves.

[StyleForceOne]

The world economy has been hit hard by the epidemic and the government alone will never be able to recover Therefore if the government as well as the people cooperate it is possible to recover the country's economy very quickly. But before that more allocations will have to be made to those sectors where the economic situation has worsened due to the virus More allocations should be made to the health sector as well as to the agricultural sector as production for the virus has come down a lot If productivity does not increase there will be more food crises.

Food crisis is something we probably won't face in couple decades at least.
You said it yourself - currently governments can recover economy quite quickly, so I do agree that we need to recover economy, but no need to restart it since it hasn't stopped yet.
There was no moment when every company stopped working.

[Finestream]

The world economy has been hit hard by the epidemic and the government alone will never be able to recover Therefore if the government as well as the people cooperate it is possible to recover the country's economy very quickly. But before that more allocations will have to be made to those sectors where the economic situation has worsened due to the virus More allocations should be made to the health sector as well as to the agricultural sector as production for the virus has come down a lot If productivity does not increase there will be more food crises.

Food crisis is something we probably won't face in couple decades at least.
You said it yourself - currently governments can recover economy quite quickly, so I do agree that we need to recover economy, but no need to restart it since it hasn't stopped yet.
There was no moment when every company stopped working.

But there are companies were bankrupt due to the pandemic, they are closing and it's expected that some will be closing soon as well since the vaccine which is the only solution might not be available to the public this year, it was expected next year so that would be 6 months or more of struggle for businesses and that would have a negative effect on the economy.

You are right, the economy does not stop as there are still businesses who are operating until now, but talking about the overall economy, covid-19 is really destroying our economy and there's no exemption whether big or small country.

[DabsPoorVersion]

The world economy has been hit hard by the epidemic and the government alone will never be able to recover Therefore if the government as well as the people cooperate it is possible to recover the country's economy very quickly. But before that more allocations will have to be made to those sectors where the economic situation has worsened due to the virus More allocations should be made to the health sector as well as to the agricultural sector as production for the virus has come down a lot If productivity does not increase there will be more food crises.

Food crisis is something we probably won't face in couple decades at least.
You said it yourself - currently governments can recover economy quite quickly, so I do agree that we need to recover economy, but no need to restart it since it hasn't stopped yet.
There was no moment when every company stopped working.

But there are companies were bankrupt due to the pandemic, they are closing and it's expected that some will be closing soon as well since the vaccine which is the only solution might not be available to the public this year, it was expected next year so that would be 6 months or more of struggle for businesses and that would have a negative effect on the economy.

You are right, the economy does not stop as there are still businesses who are operating until now, but talking about the overall economy, covid-19 is really destroying our economy and there's no exemption whether big or small country.

It might be expected that there are more companies that will close, or maybe not.

As we can see, most of the countries started to recover now. There are many businesses/companies that start their operation again to prevent bankruptcy, the whole world will not wait for the vaccine because we will surely struggle that's why they started operating again.

[Kakmakr]

How in the world we going to restart the world economy ?

Let's let the dollars circulate  
https://www.youtube.com/watch?v=HvNlkW_sNcM

Printing more money to solve the problem, just postpone the same outcome.    I think every disaster or pandemic has to go through a dip to eventually recover. We have seen how tornadoes and tsunamis and earthquakes have destroyed whole cities and lots of businesses and these people just rebuilt their houses and their businesses and they clawed their way back.

The same thing is going to happen here.... people without insurance is going to take a lot longer to recover and some might never recover. People with some nest egg is going to dip into that savings or they are going to take more loans and the economy are slowly going to recover.

As soon as a vaccine is released, things will go back to normal.   

[cabron]

I hope the vaccine comes up before another thousand will die.

Like the economy had restarted every time.  There may be difficulties from where we start picking ourselves up, things will recover eventually. The most important of all is that if you survive this pandemic, you will witness how the economy goes back to life right before our eyes.

[The cure]

In my country some of other establishments are already open, public transportation is starting to re-operate with some protocols to be followed, but the spreading of the virus will only get worse and the number of infected person is increasing, through communicating. That's the reason why the government is planning for another set of lockdown and quarantine because they think that's the only way on how to control it. Until the vaccine is not yet discovered and developed I think we can't never go back to our normal lives.We just have to wait until the cure be released. And I'm sure when this happens our economy would be recovered again.

[Tahsin Kabir Kollol]

Every country in the world has taken various steps to revive its economy and the world economy is looking for a way out of the current situation. Although the developed countries of the world try to alleviate the financial crisis in the market through currency printing, it is not possible for most of the developed and developing countries as it is likely to depreciate the value of the currency. Developing countries like ours have provided incentives in special sectors to restart their economic progress and are trying to restart the economy through government grants. The biggest obstacle to restart the world economy is the trade war between developed countries, which is now in full swing. If this discriminatory trade war is resolved, the world will be able to resume economic growth by overcoming the epidemic crisis.

[shoreno]

Every country in the world has taken various steps to revive its economy and the world economy is looking for a way out of the current situation. Although the developed countries of the world try to alleviate the financial crisis in the market through currency printing, it is not possible for most of the developed and developing countries as it is likely to depreciate the value of the currency. Developing countries like ours have provided incentives in special sectors to restart their economic progress and are trying to restart the economy through government grants. The biggest obstacle to restart the world economy is the trade war between developed countries, which is now in full swing. If this discriminatory trade war is resolved, the world will be able to resume economic growth by overcoming the epidemic crisis.

every country might be different but i do think that all have a same pattern when resurecting a collapsing economy  . trying to print more money in a way to solve the crisis is i heard bad so it should a be a no no for those who are planning it  but who's government will do inapropriate things to his country  , i dont think there are  .  not just your country but all countries share fund too for the poor but only most of them got a limited funds and the dirstribution were currently stop now here on ours   .

[michellee]

With the situations now, I think the world economy is changing, and it will not be the same as before. Every country which affects from the coronavirus has started their economy by using a new way, and the result will not happen in a short time because we are still in the pandemic, and we don't know when it will end. However, the economy will be back to normal, and each country will have a chance to grow in the future.

[Mame89]

there are at least two "wars" faced in every country in the world when facing the global pandemic corona virus and fighting the virus itself and trying to control the economic crisis in country. But I think if the new economic goals need to be noted that the state will achieve its goals will not be fulfilled if the system applied is not in accordance with the conditions or state of the country...?

[dimonstration]

With the situations now, I think the world economy is changing, and it will not be the same as before. Every country which affects from the coronavirus has started their economy by using a new way, and the result will not happen in a short time because we are still in the pandemic, and we don't know when it will end. However, the economy will be back to normal, and each country will have a chance to grow in the future.

Adapting in new normal will only start this year, technology is a good way  to address the problem in economy at this time, once we find ways to use it properly and in more advance way, businesses can use it in their advantage. It will be a challenging year but every country needs to adopt to keep their people alive. Life is the main priority as long as the economy can dwell in changes like easy payment method, delivery services, online services, digital studies and work and hygienic surroundings we can all survive this phase of Pandemic.

[BuNga_cute]

Inevitably the government must open quarantine and let its people have normal activities in order to make money. But still
run a health protocol, then the government provides stimulus funding assistance to entrepreneurs. So the economy will run
again, people can get back to work and can make money.

[SquallLeonhart]

The best way to go about restarting the world once again would basically be finding out what caused the drop to begin with.
You might think that pandemic caused it but that is wrong, it is quite wrong, you know why? Because everyone lost money. How could everyone lose money? Where does that "lost" money go to? You do realize that we are all humans and we do not owe money to aliens right?

So, in order for some people to lose money, that means others must have earned it, yet when you look at the world collectively it was money lost by everyone. That shouldn't happen, that should be impossible, there is certain amount of money and it should either here or there but somewhere, it can't just evaporate and when you figure out how to stop that, you will be able to stop all this crisis as well.

[michellee]

With the situations now, I think the world economy is changing, and it will not be the same as before. Every country which affects from the coronavirus has started their economy by using a new way, and the result will not happen in a short time because we are still in the pandemic, and we don't know when it will end. However, the economy will be back to normal, and each country will have a chance to grow in the future.

Adapting in new normal will only start this year, technology is a good way  to address the problem in economy at this time, once we find ways to use it properly and in more advance way, businesses can use it in their advantage. It will be a challenging year but every country needs to adopt to keep their people alive. Life is the main priority as long as the economy can dwell in changes like easy payment method, delivery services, online services, digital studies and work and hygienic surroundings we can all survive this phase of Pandemic.

I guess technology will take part in this new normal. Maybe there is a new technology which can help people to solve the problem that still happens around them, so that they can make their lives become simple. The business will transform with the current situations, and we will see a new thing that will happen to our life. The payment system maybe will also change, but we don't know yet what will happen later.

[Negotiation]

I agree with you that technological change will play the biggest role in reviving the world economy. Technology is conducive to the development of a country's economy. The last century has seen some groundbreaking technological discoveries, such as power supplies for household use, telephones, automobiles, or aircraft.

In some cases it has taken years for this type of product to become available to everyone. However in addition to these the expansion of trade and the help of global debt will help the world economy to resume very soon.

[Savemore]

Inevitably the government must open quarantine and let its people have normal activities in order to make money. But still
run a health protocol, then the government provides stimulus funding assistance to entrepreneurs. So the economy will run
again, people can get back to work and can make money.

The quarantine showed that many governments cannot handle this kind of crisis, most of the health institution especially the hospital collapsed because of the patients that are continuing to rise because of the covid 19. Most of the entrepreneurs are suffering because they cannot operate due to the lockdown. The economy is reopening in most of the countries because it is important where many people will become jobless and homeless if they will not start working again.

The world economy will recover for sure but it will take a lot of time because most of the people are affected. Most of the countries are having a lot of debts due to the insufficient funds that they need in order to stop the increasing of the infected people.

[DevilSlayer]

The best way to go about restarting the world once again would basically be finding out what caused the drop to begin with.
You might think that pandemic caused it but that is wrong, it is quite wrong, you know why? Because everyone lost money. How could everyone lose money? Where does that "lost" money go to? You do realize that we are all humans and we do not owe money to aliens right?

So, in order for some people to lose money, that means others must have earned it, yet when you look at the world collectively it was money lost by everyone. That shouldn't happen, that should be impossible, there is certain amount of money and it should either here or there but somewhere, it can't just evaporate and when you figure out how to stop that, you will be able to stop all this crisis as well.

So you are talking about a certain system that is now broken and that is why the economy collapsed? Am I right? Yes it is a factor but still the current pandemic is still the main reason why the world economy enters recession. A new system can help the economy to recover but to change the current system is not an easy because for sure it will go to the congress and it will take a lot of time.

The world economy for sure will bounce back but it will take a long time. If you will observe the economy, there is now a transition of wealth and it is not a joke. We should observe and find opportunities that may come to us.

[Freeesta]

Definitely in the near future will restart the global economy. That's right, I agree that countries have stopped developing simultaneously. Therefore, we will come out of the crisis together. Strong countries will begin the process of overcoming the crisis and pull up the weaker ones. Let's hope that this process will happen very soon. The growth of production, the restoration of individual industries will help us to develop further.

[iv4n]

So someone will push a button, and we will start from zero? This is a joke, and OP was sarcastic with the song he shared:
"Inflation getting higher, makes it hard on the buyer,
Unemployment on the rise, gasoline engines filled with flies,
Rent being paid late, please...
Let the dollar circulate"
It's a good song, it's about reality we are living. In this world it's nothing new, world gets in financial problems from time to time, because economy system sucks. Even birds on the tree knows that! It's why we need changes, and this is where blockchain can helps us all!

[apaben]

So someone will push a button, and we will start from zero? This is a joke, and OP was sarcastic with the song he shared:
"Inflation getting higher, makes it hard on the buyer,
Unemployment on the rise, gasoline engines filled with flies,
Rent being paid late, please...
Let the dollar circulate"
It's a good song, it's about reality we are living. In this world it's nothing new, world gets in financial problems from time to time, because economy system sucks. Even birds on the tree knows that! It's why we need changes, and this is where blockchain can helps us all!

why do you say the economy is now lousy. Well maybe now the economy is bad but because of a pandemic disaster. But if there is no pandemic disaster maybe the economy is not lousy what you say now. please understand because now the situation as experienced now, is very sad?

[so98nn]

there are at least two "wars" faced in every country in the world when facing the global pandemic corona virus and fighting the virus itself and trying to control the economic crisis in country. But I think if the new economic goals need to be noted that the state will achieve its goals will not be fulfilled if the system applied is not in accordance with the conditions or state of the country...?

Actually it can be diversified in broader spectrum. State legislation can run independent of central / country legislation thus providing sound economy to the local areas. That is why they are always given local rules, state ruler and central ruler party. All of them will have to stick to their own boundaries and this way they can easily manage the transaction limited to their area.

Remember that economic condition as whole is country's situation but it doesnt mean every state will get hampered with it. Say for example if any state is not affected with the covid-19 right now then their businesses, jobs everything can run smoothly and in fact they can support affected area externally. So they actually flourish and become overpower.

[adzino]

I agree with you that technological change will play the biggest role in reviving the world economy. Technology is conducive to the development of a country's economy. The last century has seen some groundbreaking technological discoveries, such as power supplies for household use, telephones, automobiles, or aircraft.

In some cases it has taken years for this type of product to become available to everyone. However in addition to these the expansion of trade and the help of global debt will help the world economy to resume very soon.

The technological change can no help us to revive the economy. Instead, all it will do is hamper! If we want to recover the current situation, we do not want to being in anything new "technological". Doing this will instead cause more problems. We need new policies both monetary and fiscal. It is all in the governments hand to revive the economy.
Global debt going to help us resume our economy? Lol, do you even know what global debt is?

[GDragon]

I agree with you that technological change will play the biggest role in reviving the world economy. Technology is conducive to the development of a country's economy. The last century has seen some groundbreaking technological discoveries, such as power supplies for household use, telephones, automobiles, or aircraft.

In some cases it has taken years for this type of product to become available to everyone. However in addition to these the expansion of trade and the help of global debt will help the world economy to resume very soon.

The technological change can no help us to revive the economy. Instead, all it will do is hamper! If we want to recover the current situation, we do not want to being in anything new "technological". Doing this will instead cause more problems. We need new policies both monetary and fiscal. It is all in the governments hand to revive the economy.
Global debt going to help us resume our economy? Lol, do you even know what global debt is?

Agree, it will be a challenge for a government to revive the economy, it will take years. Ending the lockdown won't revive it already. One good example is they need to create temporary jobs for those unemployed, do anything they can to avoid mass poverty for its people. People of a country can help too to boost their economy, they have to support their own goods, support local first. These are jsut examples on how a government or the citizens can help. There are a lot of projects that should be created for the future. I think almost all of the government are planning now, unless its an incompetent one.

[abhiseshakana]

I agree with you that technological change will play the biggest role in reviving the world economy. Technology is conducive to the development of a country's economy. The last century has seen some groundbreaking technological discoveries, such as power supplies for household use, telephones, automobiles, or aircraft.

Yup, technology is synonymous with efficiency with expensive initial costs. Sometimes I think this pandemic is the initial cost that humans must pay before the industrial revolution 4.0 really runs. With the existence of a pandemic, there is a force majeure justification that makes mass layoffs and works efficiency with the use of robots and AI not turned into massive demonstrations that trigger chaos and bloody tragedies. With a little bit of heroic propaganda and struggle in the midst of a hopeless pandemic, the shift of human labor into robotic labor can be tolerated and even appreciated. Are you ready to face the new battle round of man vs. robot, after the pandemic?

In some cases it has taken years for this type of product to become available to everyone. However in addition to these the expansion of trade and the help of global debt will help the world economy to resume very soon.

Why you can think that foreign debt is the solution to all problems. Foreign debt is solving problems with problems. Let us check from all IMF patients, how many countries whose economies have improved through following the directions of the IMF, or is it actually the IMF's suggestion that we continue to be in debt bondage.

Are you aware that many bank institutions wrap debts in good covers? What if a country can get debt it means that the country is trusted and has a good rating. Come on dude, debt isn't cool and it's not something to be proud of. Even China did 5.0 colonialism with debt, but many countries saw the OBOR cover as the hope of developing a country even though there was no free lunch.

[panganib999]

To be able to restart the world's economy, what we need to do is to slowly start up the business establishments and other related work places that are mainly concerned on the mass production of nit just foods but as well ass goods and services that are essential to restart the economic flow since many establishments have been temporarily closed which leads to the shortage of essential needs.

But to effectively do such restart on a fast phase, the discovery of vaccine is tightly in need so that we can already open up all the establishments in a maximum capacity of work force to be able to boost up that restart we need on the circulation of goods and services needed by the public so that the economy will now undergo a full recovery.

But since we are still on the pandemic, the "new normal" set up will be the key to somehow start up the slow process of restarting the world's economy from months of postponement brought by the pandemic. Getting into the "new normal" set up will put an ease on the problem we are facing right now even on a slow process while vaccine is still not yet discovered.

[TheGreatPython]

Definitely in the near future will restart the global economy. That's right, I agree that countries have stopped developing simultaneously. Therefore, we will come out of the crisis together. Strong countries will begin the process of overcoming the crisis and pull up the weaker ones. Let's hope that this process will happen very soon. The growth of production, the restoration of individual industries will help us to develop further.

Firstly the pandemic has to be overcome to be able to think about economy and once the pandemic is under control the government need to encourage their citizen by rolling out jobs and policies that make people work hard. It can be either encouraging talents like giving them subsidy or help with them taxation like reducing taxes for new and individual businesses.

I don't think it will be easy to come out from the hole that is already been created but for sure there are possible ways to recover and the economy of growing countries is the worst affected because some Asian countries were on the rise and now they have to start from base again as all the trades outside country are halted and slowed down.

[Savemore]

Definitely in the near future will restart the global economy. That's right, I agree that countries have stopped developing simultaneously. Therefore, we will come out of the crisis together. Strong countries will begin the process of overcoming the crisis and pull up the weaker ones. Let's hope that this process will happen very soon. The growth of production, the restoration of individual industries will help us to develop further.

Firstly the pandemic has to be overcome to be able to think about economy and once the pandemic is under control the government need to encourage their citizen by rolling out jobs and policies that make people work hard. It can be either encouraging talents like giving them subsidy or help with them taxation like reducing taxes for new and individual businesses.

I don't think it will be easy to come out from the hole that is already been created but for sure there are possible ways to recover and the economy of growing countries is the worst affected because some Asian countries were on the rise and now they have to start from base again as all the trades outside country are halted and slowed down.

The reason why the businesses are now allowed to be open again because the government want to make sure that the economy will not die, it is true that majority of the Asian countries are really affected by the virus and the unemployment there really increased so high. It is so sad to see that there are a lot of people that keep suffering because of the pandemic. The economy for sure will recover like before but we should not expect that it will take a short period of time only.

[Assface16678]

By the time goes by our world are having this pandemic crisis and most of the people right now do not have work and other jobs because some of the company are paused temporarily their works to avoid getting the virus more spreading and because of that many people right now do not have enough capability to survive because they don't have jobs some of them are in no work no pay and this is hard to get a lot of stuff we need right now.

But take a look at the good news some of the people right now are cured by this pandemic outbreak which is a good thing right now so we can see that there are still hope on this economy and some of the countries are now fully recovered by this pandemic outbreak which means they fought it and win against the virus.

[Mauser]

By the time goes by our world are having this pandemic crisis and most of the people right now do not have work and other jobs because some of the company are paused temporarily their works to avoid getting the virus more spreading and because of that many people right now do not have enough capability to survive because they don't have jobs some of them are in no work no pay and this is hard to get a lot of stuff we need right now.

But take a look at the good news some of the people right now are cured by this pandemic outbreak which is a good thing right now so we can see that there are still hope on this economy and some of the countries are now fully recovered by this pandemic outbreak which means they fought it and win against the virus.

Yes the future doesn't look so bright at the moment, but we humans can adapt. I don't think people are completely broke yet. Most families just completely cut off spending on non necessary items - but didn't liquidate all their saving yet - stock prices are still fairly high, no panice selling yet. As soon as the corona numbers will fall drastically the economy will pick up again. I believe once spending picks up again the companies need to hire their employees back. We must keep optimistic about the future - this crisis will pass.

[jostorres]

the future doesn't look so bright at the moment, but we humans can adapt. I don't think people are completely broke yet. Most families just completely cut off spending on non necessary items - but didn't liquidate all their saving yet - stock prices are still fairly high, no panice selling yet. As soon as the corona numbers will fall drastically the economy will pick up again. I believe once spending picks up again the companies need to hire their employees back. We must keep optimistic about the future - this crisis will pass.

That is correct and the primary focus for every nation right now is to stop spreading the corona virus and find a vaccine. So economy has already down by a big factor but that said like you mentioned we are humans and we adapt very quickly. I consider the fact that how people would never even sit in their home for a few hours and now we are locked in for days and weeks without any problem because when we are given a condition and the only way to survive we usually react positively towards that.

Similarly when the pandemic ends and the economy starts to come out of the crater it would require efforts to bring the economy back to normality but I am pretty sure recovery is way too easy once you fix the problem.

[famososMuertos]

Fortunately, commercial transactions, manufacturing, food, entertainment, tourism, to name a few of the main commercial areas that move the world economy have not come to a standstill.

I really believe that economic leverage in this crisis involves two important elements to consider: work and health, work seems to be intrinsically economic, but it is the most affected as a side effect for the economic plane of many companies that subsist, since the dismissal it is always the first management tool to improve business liabilities, in any crisis.

Perhaps there is a sense of a global economic crisis more scandal in the television media by the countries of the major economies involved in the health crisis than the actual global economic effect.

If there are problems and graves, for example the tourism sector is affected by 50% in income from such an important sector, compared to figures from 2019, the sector that takes the first place. The tourism has to reinvent itself, it is one of the areas that will really have problems in the future if it really is not finds the formula , of how to do tourism with social distancing.

Although the large companies' losses are enormous, they are the ones that are adapting best to the new sanitary rules in order to continue in normal work and production operations, they can resume normal hours and the income of the personnel who are working from their homes.

That is, the large business sector has not stopped 100%. The real problem is what medium and small businesses are suffering, and cannot be left out of the self-employed workforce.

As in any crisis, companies have adapted from all the weak points that this pandemic causes them, in terms of sales, e-commerce has been a solution, sanitary regulations to keep their workers in Jobs where they are truly essential have worked, and sectors that were believed to be stagnant or simply not on the radar have emerged as saviors to keep the economy on the move.

[Takijyz]

No one can tell. Its hard to tell now how our economy will be on foot again. We are now focusing on fighting these pandemic and the second wave is now killing and affecting more than the first one. If the first world country is gasping in aiming economic survival what more for the third-world country??? Every country is surviving, hope this pandemic will just vanish so everyone can go back to our normal life.

[Heart18]

Sad to say that my country has only limited resources. And the time that this severe crisis started to spread here,  we are not really prepared in almost everything.
The economy totally collapsed. And i dont really know if we can still cope up all the losses after all this strange things and the positive cases grows higher each day 😕

[okala]

I did not see any much impact of covid19 on the world economy and it is truth that some world power economy has not fully reopen their economic but that did not mean we are not going to see good after this covid19 as it is speculated by some financial experts.

[bitcoinisbest]

At present time, we are hearing good news about the vaccine that Russia claims to have developed it. If everything goes fine, it is still going to take few months till it recaches all the countries and things start to get stabilized. So, this would mean that almost we will enter 2021 before everything gets open up and start performing in the new normalcy. But certainly, now everything I can say depends on the vaccine till then economy may not run for 100% and it will just get worst the longer things keep moving.

[matchi2011]

Sad to say that my country has only limited resources. And the time that this severe crisis started to spread here,  we are not really prepared in almost everything.

There are lots of countries especially those who are inside third class economy, they are really penetrated so hard by this pandemic virus.

The economy totally collapsed. And i dont really know if we can still cope up all the losses after all this strange things and the positive cases grows higher each day 😕

Without the vaccine it will continue and those who are in trouble reviving their economy will surely suffer more. Unless the leaders are
good in planning what other resources to use in order to uplift or much better to is to
survive from this situations.

[Natalim]

Recover or restart? because you can't restart on something that wasn't stop.
I know the world is in crisis right now, no country that are not experiencing the opposite of struggle, but we can survive and we will be able to recover this.

How? It's easy, the government takes care of our economy as they make the plans, rules, and law to ensure we will survive, so we just have to comply with it without complains, even if it would result to paying high taxes as that's the only way IMO. When we say tax initiative by the government, everyone will be affected so acceptance is really necessary.

[el kaka22]

Best method I can think of right now would be to live up the economy both with printing of money and also putting in some new efforts to regulate the "mask" situation. If you do not allow people to go outside without masks, if you give punishments for walking around maskless and just tell those people that they owe money (just like for example writing a ticket to a bad car driver) you would basically have people that are healthy and recovering nation as well. Of course with that in mind you need to help out all companies to survive and not just the ones that bribe you or have influence over politics.

Today when you look at USA, there are companies who got millions of dollars in loans that were connect to the politicians and there are 30 million people who couldn't get the 1.200 dollars they are owed. That has to stop.

[super bako]

By the time goes by our world are having this pandemic crisis and most of the people right now do not have work and other jobs because some of the company are paused temporarily their works to avoid getting the virus more spreading and because of that many people right now do not have enough capability to survive because they don't have jobs some of them are in no work no pay and this is hard to get a lot of stuff we need right now.

But take a look at the good news some of the people right now are cured by this pandemic outbreak which is a good thing right now so we can see that there are still hope on this economy and some of the countries are now fully recovered by this pandemic outbreak which means they fought it and win against the virus.

yeah that's the point. when hit by this disaster must know the way out, and that's what we have to do friends to do against this corona so that the virus does not spread widely and quickly disappear from the earth. me it is very consistent if government workers are responsible for this corona virus disaster, providing assistance in terms of the need for terminated workers or workers. Unless their office workers are not given assistance by the government....

[deisik]

Yes the future doesn't look so bright at the moment, but we humans can adapt. I don't think people are completely broke yet. Most families just completely cut off spending on non necessary items - but didn't liquidate all their saving yet - stock prices are still fairly high, no panice selling yet

That's because new money gets pumped into it

But this can't go on indefinitely. And if the current situation doesn't change for the better, we should see an abrupt readjustment, to the downside obviously. I'm not so worried about stock markets as about Bitcoin since there's been lots of correlation between cryptocurrencies and traditional assets recently. And if the stock market goes into a free fall, crypto is likely to follow

As soon as the corona numbers will fall drastically the economy will pick up again. I believe once spending picks up again the companies need to hire their employees back. We must keep optimistic about the future - this crisis will pass

Spending seems to be supported by fiscal stimulus now. When it runs out, things may quickly turn from bad to worse

[uneng]

It will take time to rebuild economies. All the free money governments are distributing to citizens, businessmen and corporations will have a huge negative impact later. What could help to rebuild everything in my opinion would be the reduction of the government costs.
It's a good moment to review the government agents and public employees wages, rights, bonuses and if the existence of many of these jobs are really benefical for the country and necessary. Technology we already have, now we just need to count on the good will of the public sector's rulers to recover our countries faster.

[yohananaomi]

It will take time to rebuild economies. All the free money governments are distributing to citizens, businessmen and corporations will have a huge negative impact later. What could help to rebuild everything in my opinion would be the reduction of the government costs.
It's a good moment to review the government agents and public employees wages, rights, bonuses and if the existence of many of these jobs are really benefical for the country and necessary. Technology we already have, now we just need to count on the good will of the public sector's rulers to recover our countries faster.

agreed, by disbursing reserve funds to cope with covid which had no prior allocations would certainly have an impact on foreign exchange reserves that it had so that they could be disbursed for countermeasures that were urgently needed at this time.
the income of funds for the country is reduced by the cessation of the sector which has been a source of tax revenue. the country must immediately restore the sector so that there is income.

in this situation there is no other word the state must work hard so that transmission can be stopped and the supporting sector for income for the country can start immediately. but until now many countries rely solely on physical distancing, so that healthy ones don't get infected instead of immediately healing. because only drugs and vaccines can cure immediately, as long as there is no certainty, that the country's economy will be disrupted. it takes a long time to recover.

[Reatim]

How in the world we going to restart the world economy ?

Let's let the dollars circulate  
https://www.youtube.com/watch?v=HvNlkW_sNcM

This depends on which country you live mate.

Because our country is really affected badly by the pandemic but still standing and now starting to recover from the losses.

Many company that still not allowing people to work while others already stop operations but government is doing their best effort to find which help people needs.

Hope  by now after 3 weeks of posting this there is already an answer from your government.

[Casdinyard]

As of this moment, it is still too hard to totally start up the world's economy since the covid-19 pandemic is still on and the vaccines that have been created are still undergoing clinical trials but that was already a good sign that at least there is an ongoing improvement on our fight against this Coronavirus. Certain countries have already cut down or have flattened their covid-19 cases which is also good and that only means they can somehow start up reopening their business establishments to help recover their country's economy that can help with the slow recovery of the world's economy amid with this pandemic.

The World Health Organization (WHO) have suggested to the countries that to be able to open up each and everyone's economy, there must be something new to be implemented to get productive and at the same time still safe. The "new normal" set up is the temporary to permanent solution we have while the vaccines are still into the process of discovery. At this way, we can open up each other country's economy when it comes to opening up business establishments and work places but on a limited capacity of work force of 30-50% capacity to still implement social distancing while following health protocols to avoid the spread of virus. By this way, we can still open up the economy and at the same time keep ourselves safe from being infected by covid-19.

[@SumiaShayna57]

The 21st century world order has been shattered by the corona virus. No one can give a clear idea of ​​when to get rid of this condition. The world is no longer what it used to be. The effects of what has happened in the last few months will be far-reaching. After this epidemic, everything from our work-daily life-travel-entertainment to business-trade-economy-state-society will change. The epidemic may be brought under control, but it will take many years to recover from the devastating damage it has done to the world economy.

[alani123]

I think the US did some monumental mistakes in handling the pandemic. Slow to act, fast to re-open and almost no action to prevent the spread from the federal government.
The Trump administration politicized the issue, restricted CDC's authority and downplayed science.

Now the US being the world's biggest economy, is also the world's biggest incubator for a virus that has no cure.
I think it'll be because of the US that the virus can no longer be contained. We shouldn't be looking for a way to re-start the economy any time soon, at least not until the world has received a vaccine.
Until then, and thanks to re-infection being possible from what it seems, social distancing is the new normal. Demand will be down and some businesses will have to succumb to no or very limited business throughout this period.

[Kong Hey Pakboy]

It will be difficult for us to restart the world economy because productivity has been slowing down due to the lockdown that every business and worker temporarily lost their jobs. The best way for us to recover back our economy if someone has already created a vaccine for coronavirus or COVID-19 because everyone could go back to their jobs and will continue the productivity.

[Negotiation]

It will take many years for the effects of the coronavirus on the world economy to subside People have lost their jobs as a result of the virus hitting the economy and it is not yet clear how much the companies have lost.

Coronavirus is isolating one country after another in fear of the world All the big global events starting from the stadium game are going to be closed Economic activities are declining due to the closure of schools, colleges and businesses Airlines around the world are losing money due to travel bans big companies are in danger of defaulting on loans Every day major stock markets are collapsing.

[CHENIEN]

To restart our economy is easy to say but my expectation is before we going to do ,it's better to ensure or conduct a clearing operation to know our location out of infected  from pandemic as well as we need to look forward to defense a second wave. Even we already found a vaccine closely, we need to think it first to prevent matters.

[GDragon]

The World Health Organization (WHO) have suggested to the countries that to be able to open up each and everyone's economy, there must be something new to be implemented to get productive and at the same time still safe. The "new normal" set up is the temporary to permanent solution we have while the vaccines are still into the process of discovery. At this way, we can open up each other country's economy when it comes to opening up business establishments and work places but on a limited capacity of work force of 30-50% capacity to still implement social distancing while following health protocols to avoid the spread of virus. By this way, we can still open up the economy and at the same time keep ourselves safe from being infected by covid-19.

"Productive and still safe." This is what countries are trying to do right now to start the economy once again after months of lockdown. Same precautions with my country too, social distancing, workforce reduce, etc. I just hope that governments can provide alternative work for those unemployed people, maybe work connected to the covid fight. We are trying to restart the economy even without the vaccine cause if we won't, it will be worst. I just hope that while saving the economy, the word "safe" can still be seen and feel. Cause if it ain't safe in the workplace, public commuting, etc. Then the virus will hit more damaging to the country.