Possible solution for economic go-slow

[royalfestus]

Economic boost ranges within societies, for countries that rely so much on tourism/social interaction, they might need to adopt sensitive and strategic process to allow the recovery of the economy. Lives  matter so much and economy will give sustenance to the life, if the second waves bring uncontrollable figure of infection and death, they might enforce the second lockdown. It is a difficult time to put economy ahead of health, also politicking with the pandemic should also be reduced.

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[arallmuus]

It is not that easy to flattened the curve as we are really not that responsible and discipline enough to follow the government's rules and regulations during this pandemic. But opening of some businesses are good and effective to the economic recovery but still people are the main problem why we can't flattened the curve.

There is no way to flattened the infection curve and to restart economy. There will always a side that needs to be sacrificed and it depends on which country we are talking about. Lets talk a look at Singapore for example, they are country with one of the lowest number of death to the pandemic yet their economy are stable on the same time

If we have to compare between Singapore and most of country in Africa then it would be very different. Most country in Africa would sacrifice this health issue to restart things back to normal

[rodskee]

Economic boost ranges within societies, for countries that rely so much on tourism/social interaction, they might need to adopt sensitive and strategic process to allow the recovery of the economy.

With what this pandemic brought to every people's mindset, this types of business needs a strict
rules that will prevent the spread of this virus.

Lives  matter so much and economy will give sustenance to the life, if the second waves bring uncontrollable figure of infection and death, they might enforce the second lockdown.

That's true, and it is much better to prevent that to happen and keep all the safety measures to lessen
the chance of another waves.

It is a difficult time to put economy ahead of health, also politicking with the pandemic should also be reduced.

Indeed. Politicians needs to be compassionates instead of corrupting the funds, they should be more
concern from how they will help and save lives.

[Mauser]

It is not that easy to flattened the curve as we are really not that responsible and discipline enough to follow the government's rules and regulations during this pandemic. But opening of some businesses are good and effective to the economic recovery but still people are the main problem why we can't flattened the curve.

There is no way to flattened the infection curve and to restart economy. There will always a side that needs to be sacrificed and it depends on which country we are talking about. Lets talk a look at Singapore for example, they are country with one of the lowest number of death to the pandemic yet their economy are stable on the same time

If we have to compare between Singapore and most of country in Africa then it would be very different. Most country in Africa would sacrifice this health issue to restart things back to normal

It's really hard to compare Asia with Western Countries, or Africa because the mentality is so different. In Asia it's normal for wearing a mask. If people feel sick in Asia it is common for a long time that they just wear a mask and keep distance from other people. In the west however, we are forced into the same pattern within the last 6 months.
Also we don't have the same politeness and kindness over here as in Asia. We are not following the corona restrictions because it's limits our free way of living.

[shoreno]

It is not that easy to flattened the curve as we are really not that responsible and discipline enough to follow the government's rules and regulations during this pandemic. But opening of some businesses are good and effective to the economic recovery but still people are the main problem why we can't flattened the curve.

There is no way to flattened the infection curve and to restart economy. There will always a side that needs to be sacrificed and it depends on which country we are talking about. Lets talk a look at Singapore for example, they are country with one of the lowest number of death to the pandemic yet their economy are stable on the same time

If we have to compare between Singapore and most of country in Africa then it would be very different. Most country in Africa would sacrifice this health issue to restart things back to normal

It's really hard to compare Asia with Western Countries, or Africa because the mentality is so different. In Asia it's normal for wearing a mask. If people feel sick in Asia it is common for a long time that they just wear a mask and keep distance from other people. In the west however, we are forced into the same pattern within the last 6 months.
Also we don't have the same politeness and kindness over here as in Asia. We are not following the corona restrictions because it's limits our free way of living.

no not all asian does that but there are people that wont wear mask if they get sick especialy if he came from uneducated families or poorer families  . manners does not depend on the country but depends on the individual  . now most people wear mask when going outside with or without sickness but after this covid , some people will live with thier own ways again  . on your country you are doing bad  because you only think of your selves  , does your governments does not provide help on you and why you still insist to work during these times  .

[palle11]

if the second waves bring uncontrollable figure of infection and death, they might enforce the second lockdown.

Lockdown to me didn't bring solution, after lockdown what are we seeing in number of affected people, rising right ?
So being strict in policy and by-rules on wearing of face mask, sanitizing etc and proper education to rural dwellers about covid-19 prevention would help.

[arayde]

We need wide business support from goverment. Only this could help in current situation

[Yatsan]

The current pandemic (Covid19) is second to some other disease out break that had caused lives and properptise, both negatively in the economy of the affected country and the world market. Our beloved Cryptocurrency market also is affected greatly.

Drop suggestions how this set back in economy can be improved both in your country and the crypto world.

The only possible way that we can totally set back or recover the loss of our country's economy together the world economy is when the vaccine have already been discover so that the normal lives like the usual thing we have before the pandemic can go back and that is when we can work things out. But since the discovery is still on process due to many laboratory trials to assure that the vaccine will work with no human harm or side effects, what we might just establish is what they do call the "new normal" set up.

On the "new normal" set up, the economy can slowly start up by re-opening the essential establishments that is focused on basic needs and stuffs but with lesser capacity of work force so that basic necessities can still be fulfilled because if we will not do such thing, the country's economy will continue to decline leading to possible bigger debt and lack or shortage of resources. This can somehow help to start up the economy on which we must consider the tight or strict implementation of precautionary measures to be able to prevent the spread of virus while we are working on how the country's economic state is being productive all at the same time. That will be our temporary to permanent set up that is possible while the pandemic is still on so that we can start up each and everyone's economy of each country.

[bearexin]

The current pandemic (Covid19) is second to some other disease out break that had caused lives and properptise, both negatively in the economy of the affected country and the world market. Our beloved Cryptocurrency market also is affected greatly.

Drop suggestions how this set back in economy can be improved both in your country and the crypto world.

There is really nothing you can do in the case of cryptocurrency. Cryptocurrency is being affected because of things that are happening out there and people are afraid to be investing their money at a time like this and they have chosen to be selling their assets instead of holding them. The first thing we have to do is to fix the problem we have outside there and once they are all fixed and things are back in better position, there will be nothing there to stop people from investing their money in whatever they want to invest in. And as for how to fix the economy, it’s all about getting back to work and we are doing that already, it’s just going to take a short time.

Many countries already announced about vaccine for corona which makes me to think about possible end for pandemic within this year hence we can think about rebuilding of our economy in coming days which means no more economic slow down everywhere. Countries who invent vaccine may get early boom but all countries may not get struggle due to pandemic and slow downs.

[apaben]

The current pandemic (Covid19) is second to some other disease out break that had caused lives and properptise, both negatively in the economy of the affected country and the world market. Our beloved Cryptocurrency market also is affected greatly.

Drop suggestions how this set back in economy can be improved both in your country and the crypto world.

There is not any specific way to improve the condition.
We just have to be patient and things will go back to normal. It is like a cycle that will turn after a long time.
Do some savings for this period of time and everything is going to be good.

all governments carry out the work of handling this pandemic in each country by means of different strategies, there are countries that are not too severe and some are severely affected by covid-19.of course the government has various ways to anticipate this pandemic so that the state cycle is not too severe and not too heavy because of this pandemic....?

[exstasie]

The British people were surveyed recently and they support the creation of a four day working week. However they also believe they should be paid exactly the same. Funny that.

Makes sense actually. An extra day's pay every week wouldn't even cover half the losses they've realized from inflation over the past two decades. Central banks keep pumping money into the markets, increasing inflation, but then all the growth gets swallowed up by the financial markets. When you add in phenomenons like the explosion of the gig economy, workers realize they are getting paid less and less and less.

Populations are growing increasingly aware that corporate profits and working wages have massively diverged in recent years. They are getting pissed off watching executives pocket all the growth in the form of stock market pumps, exercised stock options, and corporate buybacks......as their own lives have been getting decidedly worse for decades now on a nonstop trajectory.

We've been living through an era (nearly an entire generation now) where corporate greed and financial excess has reached unimaginable levels. Nobody should be surprised when the tides finally turn and the workers of the world want Jeff Bezos' head on a fucking pike, along with a laundry list of demands for a better life.

Governments and industry ought to pay close attention to the way the winds are blowing. They are just ravaging the middle class. If they keep letting the middle class evaporate, they will be in big trouble in another decade or two as societies destabilize.

[inoes]

we need creative ideas that can be applied. because the economic impact can affect social conditions and public health conditions. with circumstances that are forced to remain silent at home then do all the work at home, if not possible then keep doing the work as usual but use health protocols, such as keeping a distance, using a mask, washing hands so that the wheels of the economy keep turning

[Yamifoud]

The current pandemic (Covid19) is second to some other disease out break that had caused lives and properptise, both negatively in the economy of the affected country and the world market. Our beloved Cryptocurrency market also is affected greatly.

Drop suggestions how this set back in economy can be improved both in your country and the crypto world.

COVID-19 is one from those pandemics that it happens before but I think this is the worse case it happens globally.

https://www.mphonline.org/worst-pandemics-in-history/

Yeah, we feel how devastating is this into global market growth and it causes a lot of market failure and shutdown of many establishments, not only the life of the people. We can only have the solution for the declining market if we open business back to life and that is what the other countries who are of minimal cases did today but we can't deny the risk and can't totally flatten the virus.

[Rengga Jati]

We already know the bad impact of the pandemic to the economy. It really drives the global crisis on economic and we should stop this. of course, the first way is by stopping the spreading of the pandemic. we must stop them in order to minimize the people that are infected. So, the activities will be back soon to the normal, can work as well, as usual, learn and also do more efforts as usual.

related to the crypto world, what can of impact will you expect? We may not be able to give big impacts because this crypto world includes people around the world. We cannot drive them to make the market following certain rules I order to make the economy going better. however, we may be able to help to spread good work on the crypto world, giving chance to the market grow, and also not to panic whatever the condition of the market. I know that it will be so difficult because so far, crypto market is not regulated and we cannot regulate and also control the price. however, by not being panic at least we can still make better options to sell or buy not only based on the small news offered.

[Wexnident]

This is probably the first disease that has had such effects on the world in my lifetime. Others didn't even come close to the damages this pandemic has brought so far. The economic situation would improve if the government somehow manages to push the citizens to spend, pushing the economy to flow right now, as well as supporting domestic production so that they can be self-sufficient, at least until the pandemic is over. They can also push for creating jobs that could help a lot of people right now, especially since a lot are left jobless due to the fact that businesses have closed down due to the effects of the pandemic. One good example is for them to push through industrial projects that would help hire a lot of people, since construction works require a lot of manpower, and not many requirements are even needed.

Strictly speaking, we need the government to not be an ass right now. Not only them but as well as major corporations inside our own countries. Cooperate with each other and stop taking advantage of the workers. Pay what is due needed, especially since a single cent can be quite a help right now.

[lixer]

The current pandemic (Covid19) is second to some other disease out break that had caused lives and properptise, both negatively in the economy of the affected country and the world market. Our beloved Cryptocurrency market also is affected greatly.

Drop suggestions how this set back in economy can be improved both in your country and the crypto world.

I just think we should focus more on the healthcare system, and try to discover those that are with the virus and start to contain it as much as possible.

If we can’t stop the spreading, it’s going to take long. Lockdown would have been a good way, but it keeps having negative effect on our economies and is making it to drop. So we still have to ease it and let people go back to their work, that way there will at least be good and people can get the things. Already many around the world has lost their job and it’s going to be difficult for these people to cope with the situation. We should not also wait for the government to do everything alone, those that are able should take responsibility as well.

[el kaka22]

Best type of solution is to get the huge companies that has 70k+ workers and 5+ billion in revenue to end up paying a lot more taxes while spending money to people who need it the most. That way you would be having people who are not super poor and homeless and unemployed and single parent with a job that has hard time putting food on the table etc etc.

You would have less poor and the upside wouldn't change too much neither, instead of having a billion dollars in profit, you would just have 700 million in profit, that is not bad at all and you would still have companies making a ton of profit and that would be enough for you as a company anyway. But nooooo, that is not capitalist enough, you need companies making 100 gazillion dollar profit even if means 50 million people live under poverty level.

[AniviaBtc]

all governments carry out the work of handling this pandemic in each country by means of different strategies, there are countries that are not too severe and some are severely affected by covid-19.of course the government has various ways to anticipate this pandemic so that the state cycle is not too severe and not too heavy because of this pandemic....?

That's their duty and responsibility during this pandemic, that's why even if they try to serve us there are still governments who are not good at handling this pandemic. It is true that most of us are really not that knowledgeable on how our governments deal with the economy and community.

There is no such thing as a perfect government but I'm still hoping that they will focus on this pandemic and not on the other issues in their country.

Having a responsible and not corrupt government is a blessing to its people. Those government who are prioritizing the economy and as well as allocating the proper budget to support its people to survive this pandemic amidst of this quarantine.

[abeecrypto]

Did you say Covid19 is second to some other diseases? I think it is second to none. And the crypto world doesn’t look affected by this pandemic. At least, not directly. So, it’s more of the traditional world.
To bring back the economy, we first have to stop the spread of the virus. This is because if it keeps spreading, there might be more lockdowns. And that would dampen the economy. Healthcare systems should be invested in, deeply. You and I have to take responsibility. The sooner the vaccine comes, the better. Businesses would need support from the government to help cope with the situation. The support could come in the form of incentives, flexible tax payments, etc. This could even help reduce the loss of jobs.

[Alobo Realer]

Did you say Covid19 is second to some other diseases? I think it is second to none. And the crypto world doesn’t look affected by this pandemic. At least, not directly. So, it’s more of the traditional world.
To bring back the economy, we first have to stop the spread of the virus. This is because if it keeps spreading, there might be more lockdowns. And that would dampen the economy. Healthcare systems should be invested in, deeply. You and I have to take responsibility. The sooner the vaccine comes, the better. Businesses would need support from the government to help cope with the situation. The support could come in the form of incentives, flexible tax payments, etc. This could even help reduce the loss of jobs.

It is true the pandemic did not affect the crypto directly, but it spread have a significant effect on crypto. As along as it persist this significant effect will result to an addition of effect. It could as well mean an opportunity for digital currency but then the negative effect will be felt