What if this pandemic persists till the end of the year?

[Janation]

Slowly, in our country, jobs are going back to normal.

People are actually getting back to their jobs and some actually are finding ways to get a source of income like for example, people are doing reselling in online shops. Some actually are starting to use the internet to earn money. The cases here are still adding up so I don't think it would be completely normal here, we should be used to the new normal and I think that would be for long.

Well, that's what this crisis does. It makes us resourceful so that we can live and survive until this pandemic comes to an end. However, as jobs are slowly getting back to normal but the curve is not flattening, it's still risky to go out. But it's a sacrifice people has to make for their family.

We're halfway through 2020 and there's still no vaccine available, so it's not impossible that the pandemic will persist till the end of the year. Our President, PRRD, even said on a briefing that the vaccine might be available at the first quarter of 2021. Each and everyone of us should really help each other out so we can get through this. Those with the capacity to help shall help and keep ourselves healthy to fight this virus.

That would really take long and I don't know if the people could survive that.

There are those places that are safe but there are a lot of them that are prone to the virus especially those close to the capital of the country. Right now the Visayas is the focus of the MGs since most of the cases are from there because of the "Balik-Probinsya Program" which is good for those people stranded but worst for those people that should be safe from the virus. That is just bad decision right there.

[noblefire]

Many people are speculating that pre-COVID global economic levels won't return until 2023. I'm also inclined to believe that, news came out today that the EU is considering banning travel from the USA due to their inability to manage the virus.

I don't see the US or any other major country slipping back into lockdowns, not anytime soon at least. If more lockdowns are to come it won't be until the fall months start and COVID-19 cases start spiking again as many medical professionals predict will happen. Even then, take the US for example which is already experiencing record high spikes, there is no intention to go back into lockdown, the only other possibility would be a democratic governor locking down the state to economically protest Trump, but that seems unlikely as they would also be shooting themselves in the foot economically. I seriously don't think the economy could support another lockdown. I think the goal, especially in the US, is to just defund testing centers to hide the real numbers and try sweeping it all under the rug.

The pandemic will most certainly persist until the end of the year if not longer depending on where in the world you are.

I personally think we're living through a paradigm switch, China already has been working for decades to build new economic infrastructure to establish what the CCP calls "a post-American world", there's also been a lot of tension lately between China and India, Syria is still a flashpoint, Iran and North Korea remain nuclear threats, and when you toss a pandemic into the mix, things don't look good. Usually, when the world has been faced with a pandemic coupled with geopolitical, and economic tensions it has resulted in a paradigm shift, automation usually speeds things up too. Maybe I'm pessimistic, but I just don't see a way in which things ever go back to the way things were before COVID-19, and honestly, I think there's a growing number of people who don't want it to.

[princesspoppy]

It has been months since the spread of corona virus and those months have been hard for all of us, not just because of our work, studies, and everything but also because of financial problems we're facing and economic loss as a whole. It is really hard to go to work for those people that needs to go to offices, studies are done online, and lot of activities are cancelled. Traveling is harder than before and even physical communication is hard. Everything is harder with this pandemic. If it will last for more months to come, it will even be harder for all of us, especially to us living in a third world country. The government would not be able to supply foods and assistance for poor familiies in more coming months that don't have any other way of living available other than those work they have that needs to get out of the house and make physical contacts and communications.

[cryptoboy007]

Losses. If the government isn't able to give a solution with regards to economic development, then expect a spiraling down economy for every country affected. Even those that have recovered would most likely experience the same effects. You can expect it to be slow, but surely we would still end up with the economy crashing in the end. With the current regulations set by the government, you could see that at most, they are just barely trying to keep the economy alive.

If the government could support the flow of the economy properly, then we could somehow survive for the year, but honestly, I have doubts about such things happening. They're probably instead trying to deal with the possible effects of the inflation, instead of trying to stop the inflation itself. Guess they kind of gave up?

Sometimes I wonder if economists are really the ones running the economy or politicians. By design, the economy shouldn't be politicized, but the reverse is now the case. Government most times runs the economy for selfish interests which most times leads to immediate gains and severe future consequences.

[bearexin]

It's almost 6 months since the coronavirus took its toll on every aspect of human lives. it has been accompanied by widescale job loss, a rise in the unemployment rate, a reduced standard of living, and intense hardship. From the economic perspective, what will be the fate of the global economic situation and normal day to day business if this pandemic doesn't go away by the end of this year?

The job loss, increase in unemployment, and other problems you have mentioned here were as a result of shutting down the economy. The government has done that and they now see that it’s not going to work since it’s having a negative effect on their country’s economy, so they have to look for other means to fight the virus and also let people return for their daily routines. Already this has affected so many countries and so many people are now jobless with no means to take care of their families.

The worst part of it is that there is now a protest going on in some countries and people are at the risk of getting infected and increasing the number of cases around the world. I hope the vaccines arrive quick to save all the humankind from economic collapse at least (yes I am aware of vaccine is to save us from virus infection but I say about saving people first and then people will save economy of global afterwards ).

[Questat]

This is inevitable, it's already predicted that our economy will struggle and we will be in crisis, so we have to be ready facing this reality.
Lucky are those who have jobs now and those who have business that are open until now as they will survive and continue to make money, but we can't deny the fact that due to this pandemic, a lot of lives are already affected, some loses their job and some companies get bankrupt, this is happening, and it's happening globally.

[arallmuus]

Government most times runs the economy for selfish interests which most times leads to immediate gains and severe future consequences.

It happened to alot of country and now they suffer because of the pandemic. Alot of third world country has no firm grip on how to handle the pandemic in their country, some are only hanging on a thin thread for now. If pandemic still exist for atleast 1 or 2 years than those country would be the one that suffer the most

Government, politics and economy are three inseparable things when you run a country . Humans are the worst kind when it comes to big sum of money therefore alot things that happen in a country is actually a result of few bad decision which lead to lower economy level of the respective country

[abhiseshakana]

In other words, stock prices at this point have very little do with actual fundamental company valuations. It's a very sick and twisted situation. I fear regular people are being fooled into believing the narrative that rising markets can be equated to a real economic recovery.

Some economic observers in Indonesia assume that Goldman Sach's statement and several events on the stock market are coded. At the end of March Berkshire Hathway released about 70% of their shares in various investments. Warren Buffet is an investor who keeps stocks for the long term and suddenly decides to hold cash. Analyzing what is done by the Wallstreet ruler and circle group is important because Wallstreet is where the dollar is circulating, so the action of the real money owner can provide a real picture of the situation. If giant investors leave the market, only a small investor will play. If the market crashes, the victims are only small players, while the big ones have saved themselves by holding cash.

[fiulpro]

It's almost 6 months since the coronavirus took its toll on every aspect of human lives. it has been accompanied by widescale job loss, a rise in the unemployment rate, a reduced standard of living, and intense hardship. From the economic perspective, what will be the fate of the global economic situation and normal day to day business if this pandemic doesn't go away by the end of this year?

Hard Truth: The pandemic is not going anywhere.

See , we have seen companies selling drugs in the name of coronil and all but at the end of the day *What drug would work on a virus* ? , We cannot use the same ones for more than a specified amount of time.

Our best bet would be Vaccination.Which some companies say that they will be releasing by the end of September or so . Even after the vaccine , comes the production and usage of the same. It would take a lot of time for the government to make sure it reaches to everyone.

Lets talk about polio

From 1916 onward, a polio epidemic appeared each summer in at least one part of the country, with the most serious occurring in the 1940s and 1950s. In the epidemic of 1949, 2,720 deaths from the disease occurred in the United States and 42,173 cases were reported and Canada and the United Kingdom were also affected.

Now it's eradicated but it still took a lot of years for the same , therefore corona virus is going to be here. We have to make sure that we adapt in regards to the same so that we are able to follow the day to day routine without any problems.

What we can do is : Adapt
Pandemic is going to last at least 2 years more ~
Economic situation is going to plummet soon enough since we are seeing premature opening of the public places . Most countries need to get ready for the second or third wave.

[The cure]

I don't think it's going to end right away, as long as the vaccine has not been discovered for the virus, it will take longer. Because it is very contagious so the number of infected is rapidly increasing and that's the big problem we cannot destroy it quickly it can transfer to another person so fast. We need to strengthen our immunity for us to survive.And if we're capable let's learn how to help others for them to survive also we cannot entirely depend on the government.

[JoMarrah Iarim Dan]

It's almost 6 months since the coronavirus took its toll on every aspect of human lives. it has been accompanied by widescale job loss, a rise in the unemployment rate, a reduced standard of living, and intense hardship. From the economic perspective, what will be the fate of the global economic situation and normal day to day business if this pandemic doesn't go away by the end of this year?

Lot of people lose their job, give up their job, trying hard to adjust in work from home set up. Lockdown for couple of months makes and makes the economy down yet cases were still high, and looks like it yes will persist until next year. Opportunities are now lessen, but despite all of this, let us just be thankful that we are still alive and has chance to see that there will be cure to this virus so the economy will bloom again. After this pandemic maybe relationships of some country was built due to they help each other.

[finaleshot2016]

I guess it's an end for some people who suffer a lot from the beginning 'cause every day they're living with nothing, hope is losing.

People who are in moderate living can also suffer if the pandemic continues 'til the end of the year.

Right now, our nation is already done, the corrupt politicians find this pandemic as an advantage for them to gain more money by loans but can't see where it goes.

[meanwords]

I don't think it's going to end right away, as long as the vaccine has not been discovered for the virus, it will take longer. Because it is very contagious so the number of infected is rapidly increasing and that's the big problem we cannot destroy it quickly it can transfer to another person so fast. We need to strengthen our immunity for us to survive.And if we're capable let's learn how to help others for them to survive also we cannot entirely depend on the government.

The worst thing is that even if they cure someone with that virus, then there's a chance that person can get infected again if it somehow got contact again as there's no evidence that we can gain an anti-bodies to combat the virus. We could only treat them but we can't completely combat it.

The same as what we're experiencing today. But all of these are temporary because we'll be going back to normal as soon as possible whenever we've got to see the vaccine. It will end all of these bad things that are happening to us.

The adjustment has to be made so that it can ensure everyone's safety but the recoil of it to the economy is huge. There will be a slowmo recovery as for the economy because most countries are starting to allow businesses to get back again to their operations.

But the question here is when? There's no doubt that scientist are doing their best to find a vaccine for the virus but how long are this going to happen? a lot of businesses are shutting down and a lot of people are suffering financially. If worst comes to worst, this pandemic might even extend next year which will hugely affect the overall livelihood of a family.

I know someone who doesn't have a virus in their family but is suffering financially as their business is going on a huge loss.

But still, we can only hope. There are currently 100 projects going underway to make a vaccine but there are 8 who shows promise. If you want to know more about the ongoing studies about the vaccine, read some here https://www.healthline.com/health-news/heres-exactly-where-were-at-with-vaccines-and-treatments-for-covid-19#Vaccines

You might find it useful.

[lepbagong]

there must be a strong desire to be able to respect each other by continuing to implement existing health protocols to prevent continued transmission.

health protocol:
-Wear a mask both healthy and sick.
-Keep the distance between people at least 1.5 meters.
- washing hands from touching anything outside the home.
-Do not hold around the face area before washing hands.

because usually the neglect that is done is very pronounced and often done without care, for example the use of masks alone is still a lot of neglect. how do you want to break the chain of transmission if a small thing is not followed correctly. sorry for those who already care but eventually contaminated it because of dishonorable actions taken by people who do not comply with health protocols.

as long as there are no drugs and vaccines only that way (according to strict health protocol) can break the chain of transmission so it does not continue to dissolve and continue to grow.

[l3pox]

there must be a strong desire to be able to respect each other by continuing to implement existing health protocols to prevent continued transmission.

health protocol:
-Wear a mask both healthy and sick.
-Keep the distance between people at least 1.5 meters.
- washing hands from touching anything outside the home.
-Do not hold around the face area before washing hands.

because usually the neglect that is done is very pronounced and often done without care, for example the use of masks alone is still a lot of neglect. how do you want to break the chain of transmission if a small thing is not followed correctly. sorry for those who already care but eventually contaminated it because of dishonorable actions taken by people who do not comply with health protocols.

as long as there are no drugs and vaccines only that way (according to strict health protocol) can break the chain of transmission so it does not continue to dissolve and continue to grow.

on point

there are some theories that the disease may become endemic, so we'll learn to live with it and adopt secure protocols
kind like HIV/AIDS in the past.

Taleb talks a bit more about the importance of masks here:
https://medium.com/incerto/the-masks-masquerade-7de897b517b7

[cryptoboy007]

This is inevitable, it's already predicted that our economy will struggle and we will be in crisis, so we have to be ready facing this reality.
Lucky are those who have jobs now and those who have business that are open until now as they will survive and continue to make money, but we can't deny the fact that due to this pandemic, a lot of lives are already affected, some loses their job and some companies get bankrupt, this is happening, and it's happening globally.

Even those that have businesses are not entirely spared. Though it depends on the nature of the business, but generally, customer patronage has gone low since the pandemic.

[FanEagle]

Governments are the responsible ones that should find a way to continue life while also keeping people outside of their homes as well. I know that many people have seen the rising number of cases since the new end of lockdown period so they are thinking maybe we should go back to our homes and wait for it to be over but that is not a solution. You can't just stay at home forever, there needs to be a point where everyone gets out, I am fine with another month or two maybe at home but eventually that needs to be over as well.

So, we might as well try and find a way to stay outside and still keep the infected number down. I am not even sure if I ever had corona and got better, not everyone shows symptoms so at the end of the day we need to take this risk and find a method that gets better while also staying outside at the same time.

[Republikcoin.com]

This is inevitable, it's already predicted that our economy will struggle and we will be in crisis, so we have to be ready facing this reality.
Lucky are those who have jobs now and those who have business that are open until now as they will survive and continue to make money, but we can't deny the fact that due to this pandemic, a lot of lives are already affected, some loses their job and some companies get bankrupt, this is happening, and it's happening globally.

we really have to prepare for the worst. it's just that, in my country, activities have started returning to normal. however, I don't know what will happen to people who lose their jobs, it seems like they need to find a new job. to be honest, until now, the pandemic has no specific treatment. it's just that people no longer care about the situation and return to activity.

[DPrillio]

This is inevitable, it's already predicted that our economy will struggle and we will be in crisis, so we have to be ready facing this reality.
Lucky are those who have jobs now and those who have business that are open until now as they will survive and continue to make money, but we can't deny the fact that due to this pandemic, a lot of lives are already affected, some loses their job and some companies get bankrupt, this is happening, and it's happening globally.

we really have to prepare for the worst. it's just that, in my country, activities have started returning to normal. however, I don't know what will happen to people who lose their jobs, it seems like they need to find a new job. to be honest, until now, the pandemic has no specific treatment. it's just that people no longer care about the situation and return to activity.

Yes, until there is no such vaccine this pandemic will last long because eventhough how tight the goverment to implement the enhance community quarantine there were people that will disobey on going out to secure food since the goverment cant fully support the entire community for the basic needs of the people. if we can't flatten the curved on this pandemic by end of this year then this will create great impact for the collapse of economy and chaos will rise.

[MCobian]

I think if this pandemic lasts until the end of the year nothing has changed, things will remain the same as now. And we are all able to
face this pandemic for 6 months, it should also be faced by the end of the year too. Because humans have reason and mind, they should
be able to adapt to the corona virus. Then with technological advancements, I am optimistic in the next few months a corona virus vaccine
can be found.