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Author Topic: Possible solution for economic go-slow  (Read 606 times)
Heart18
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July 12, 2020, 02:03:36 AM
 #41

This is indeed my first time experienced over this strange things - Covid19 Pandemic.
But, based on the records, the world went  through several Pandemic in the past which started in Spain and other Country. And this crisis that we are facing is really terrible that millions were infected and thousands of lives were killed, and the cure is still not found. Some countries are really not prepared that this actually happened, and the world's economy began to collapse.
The government in each country are doing their best to revive the economy by lifting the different kinds of community quarantines. They are now giving permission to some industries and businesses to operate...even accepts tourists to visit their country to make the tourism alive and the economy as well.
But this government movement now, are putting the lives of people at risk. They are slowly loosened the restrictions in different ways and the people now already forgot the social distancing policy and even don't care wearing their masks. This is really horrible because they tend to forgot that the virus is still here. And the vaccine is not yet created.
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July 12, 2020, 02:46:30 AM
 #42

The virus is becoming more dangerous in the world because there are not enough vaccines Everyone is moving freely because everything is open No one is maintaining social distance. However, I do not think it will be possible to discover a vaccine for this virus. So far no expert has been able to take any action In that case many countries have come under control without vaccines If we continue to be a little more cautious there is a possibility of virus resistance with the economy.

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July 12, 2020, 03:29:35 AM
 #43

One of the best solution to the problem we are facing today is the prevention of the spreading of the disease. As long as the virus is there we cannot go back to our normal life and our economy will continue to fall.
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July 13, 2020, 03:00:57 PM
 #44

I think for one people need to start listening to science and learning how to social distance as well as wear a mask.  I'm sick of wearing a mask the same as everyone else, but I don't deny science and no one else should either.  We see the effect it's had with states ( basing this off the U.S.) that have followed the scientific guidelines.. this would be a start.

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July 16, 2020, 11:11:15 AM
 #45

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

We must think anti-mainstream if we want to survive in the economy during the pandemic. Pandemic is indeed a disaster but the pandemic also creates timing and momentum as one of the dominant factors that determine success. Apart from the idea that a pandemic is by design by globalists such as the bird flu virus, sars, HIV, Ebola. Or by nature, as happened in the case of Spanish flu. When many countries focus on the survival of their respective nations so that the intensity of intervention of large countries is reduced in the national economy of the country. Even the IMF and the world bank may have been running out of money. On behalf of the safety of the nation, the government may take extreme measures that are felt necessary.

The state can start printing money for domestic independent industries, especially manufacturing industries that support small and medium industries in the productive sectors of agriculture, shipping, fisheries, health, food strengthening, mineral processing technology, and the upstream industry as well as machinery and technology. Must use momentum to make food security, social security, economic security, and geographic security stronger with strengthening from within the country, by minimizing foreign intervention.

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July 16, 2020, 11:50:33 AM
 #46

The best possible solution to prevent our economic to colapse is to prevent the spread of covid-19 virus. Then,how it will happen? Simple! Stop being stubborn,listen and follow the government rules for you and your family safety. Stay at home if you have no important business  outside. Then,enter in crypto world to have an alternative source of income in order to provide your daily needs. Do some other strategies to help feed your family but will not put you at risk of Covid19 virus.

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July 16, 2020, 08:51:03 PM
 #47

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.
This case is not a small one, and has to be tackled as much as possible. As for how to boost the economy, that would still require the government to ease lockdown and let people go back to their jobs which will put them at risks of getting infected by the virus.

Right now the government is just looking for ways to support people and Businesses. Where I live the government are giving out loans with 5% per annum to businesses. There are people who are poor and won’t receive these loans, these are the people who I pity the most.
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July 16, 2020, 10:06:29 PM
 #48

The worse problem is unemployment. It was already at high levels before the pandemic on most countries and now it will take even more time for countries to recover themselves. And without jobs people don't have money to live decently and without money an organized society doesn't work properly.
So I think money usage should be *optimized*. And we could do this as society by reducing basic living costs: gas, electricity, water and all those taxes we pay over everything.

It's already possible to reduce these costs by adopting alternative sources of energy, and I would highlight solar and biogas energies. But this adoption must come as government policy plan, because if we try doing this by ourselves as individuals the costs are too expensive.
This way you won't have to pay abusive energy taxes anymore (that were going to fill the public employees pockets before), instead you can inject this money on who really works: the entrepreneurs, autonomous businesses, formal and informal workers who can boost and rebuild the economy up!

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July 18, 2020, 07:31:05 AM
 #49

The best possible solution to prevent our economic to colapse is to prevent the spread of covid-19 virus. Then,how it will happen? Simple! Stop being stubborn,listen and follow the government rules for you and your family safety. Stay at home if you have no important business  outside. Then,enter in crypto world to have an alternative source of income in order to provide your daily needs. Do some other strategies to help feed your family but will not put you at risk of Covid19 virus.
unfortunately there are alot citizen  didnt follow their government policy or sugesstion, they still go outside doing unimportant things. entering in crypto market could not do by anyone, only skillfull and educated people. meanwhile for people  that have no internet access they will not able to join in this opportunity.

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July 18, 2020, 10:53:12 AM
 #50

The best possible solution to prevent our economic to colapse is to prevent the spread of covid-19 virus. Then,how it will happen? Simple! Stop being stubborn,listen and follow the government rules for you and your family safety. Stay at home if you have no important business  outside. Then,enter in crypto world to have an alternative source of income in order to provide your daily needs. Do some other strategies to help feed your family but will not put you at risk of Covid19 virus.
unfortunately there are alot citizen  didnt follow their government policy or sugesstion, they still go outside doing unimportant things. entering in crypto market could not do by anyone, only skillfull and educated people. meanwhile for people  that have no internet access they will not able to join in this opportunity.
A lot of people are too stubborn who can't listen to a simple instruction or understand the rules of staying at home to prevent getting infected from the virus, and when they got infected, they will put all the blame to their government. It is the reason why we need to cooperate with our government for us to continue our productivity and to save our economy and people's lives.

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July 18, 2020, 11:23:12 AM
 #51

The best possible solution to prevent our economic to colapse is to prevent the spread of covid-19 virus. Then,how it will happen? Simple! Stop being stubborn,listen and follow the government rules for you and your family safety. Stay at home if you have no important business  outside. Then,enter in crypto world to have an alternative source of income in order to provide your daily needs. Do some other strategies to help feed your family but will not put you at risk of Covid19 virus.

It's not that simple. You can't fully control people and you can't restrict moving completely. If everyone would stay at home and don't go anywhere thus not spend money on anything how could that help the economy.
I agree that people should take care and be disciplined but we have to move on with our lives.
I think that is quite obvious there will be no vacine or cure for a while so we need to find the right balance how to live with virus not to expose population too much but to enable economy to go regulary. It's not easy, governments don't have easy task and economic crisis is inevitable.

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July 18, 2020, 01:12:27 PM
 #52

Considering the economic collapse of the global market as well as the grown countries, there is no big crash with the cryptocurrency market. With comparison to the cryptocurrency market at the beginning of the year to the present market situation  what has happened is growth. Only thing, the predictions from experts didn't come true. If the pandemic attack hasn't taken place we could've experienced a bigger growth.

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July 18, 2020, 01:37:48 PM
 #53

One of the best solution to the problem we are facing today is the prevention of the spreading of the disease. As long as the virus is there we cannot go back to our normal life and our economy will continue to fall.

The cases are rising, and this is a huge threat because one has to remain careful in this times. This has impacted the economy as businesses are not operationally fully and due to which its impact will be known in coming time. We should avoid unnecessarily going out for now and take a precautionary measure. Also follow all the safety norms to stay safe and keep others also safe.
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July 18, 2020, 01:54:54 PM
 #54

The best possible solution to prevent our economic to colapse is to prevent the spread of covid-19 virus. Then,how it will happen? Simple! Stop being stubborn,listen and follow the government rules for you and your family safety. Stay at home if you have no important business  outside. Then,enter in crypto world to have an alternative source of income in order to provide your daily needs. Do some other strategies to help feed your family but will not put you at risk of Covid19 virus.
unfortunately there are alot citizen  didnt follow their government policy or sugesstion, they still go outside doing unimportant things. entering in crypto market could not do by anyone, only skillfull and educated people. meanwhile for people  that have no internet access they will not able to join in this opportunity.

They don't think about how dangerous the Covid-19 for their health. If they can understand how hard the situations and they can think about their health, they will not break the policy or protocol from the government. Many people suffer because of their losing job, and they can not make money to buy their daily needs. We hope that people realize about being healthy, and don't try to risk their life.

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July 18, 2020, 02:22:33 PM
 #55

If the epidemic had not had an effect, Bitcoin would have pumped a lot. In the beginning, the price of Bitcoin went down a lot due to the economic downturn, in which case everyone was disappointed, but now the price of Bitcoin is going up despite the economic downturn. For the economic situation, usually, the then administration of the country has to share the praise or blame. This has led to controversy over exactly when a recession started. If an economic expansion reaches a level where it is no longer possible for it to survive, the result is a downturn in the economic cycle, and the situation is corrected by a brief collapse. So it is not an easy task to distinguish the cause of any particular stage of this cycle.
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July 18, 2020, 06:31:27 PM
 #56

We have to be logical about this, there was never a period in time that closed down all the economical stuff in the world all together, even during war times companies turned into weapon manufacturers and everything was a hospital but even then the economy was taken a hit but people were still outside and either fighting or working except the places that was in the war. This is not a world war that was some nations, this is the whole world and that means it is everywhere in every single small town in the world.

So, when you want to recover the economy of the world it will take more than just few ideas, it is going to take time, and no matter what you do it will definitely take a long time before we can recover and heal our wounds. So, we should be patient about the situation whatever the solution we come up with.

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July 18, 2020, 11:08:33 PM
 #57

There are several solutions to recovery the economy as follows
- Open quarantine and lockdowns so people can work again and can get income.
- Providing capital assistance for small companies and home industries.
- Continue to provide financial assistance to people who do not have a job.
- Tightening the rules for implementing health protocols, so people are not afraid to activities again.
- Increase job vacancies online, so people can work from home.

It is indeed not easy to recovery this destroyed economy, it certainly takes a long time for the economy to return to normal again.

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July 20, 2020, 03:50:05 AM
 #58

There are several things we can do to improve our life and our economy. But first of all, the vaccine is really necessary at the moment since people do not want to cooperate with their government. There are countries struggling with their people who just want to continue their work and enjoy their party despite the fact that this pandemic has killed more than 600,000 people. However, some places seem to handle this disease very well. For example: China, Vietnam, Thailand, etc. And their economy is recovering days by days. Western countries need to learn how Eastern countries have controlled everything. It might take a long time for everything back to normal. But I believe that we can defeat this pandemic with any cost


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July 20, 2020, 05:22:39 AM
 #59

Considering the economic collapse of the global market as well as the grown countries, there is no big crash with the cryptocurrency market.

Good to see that there's no major impacts inside crypto market even
the entire economy around the world
are suffering right now

With comparison to the cryptocurrency market at the beginning of the year to the present market situation  what has happened is growth.

Categorically Yes, The market is still positive even we are experiencing this pandemic.

Only thing, the predictions from experts didn't come true. If the pandemic attack hasn't taken place we could've experienced a bigger growth.

There's a big growth indeed if this pandemic didn't happened as halving
take place this year.

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July 20, 2020, 06:07:13 AM
 #60

Considering the economic collapse of the global market as well as the grown countries, there is no big crash with the cryptocurrency market.

Good to see that there's no major impacts inside crypto market even
the entire economy around the world
are suffering right now

With comparison to the cryptocurrency market at the beginning of the year to the present market situation  what has happened is growth.

Categorically Yes, The market is still positive even we are experiencing this pandemic.

Only thing, the predictions from experts didn't come true. If the pandemic attack hasn't taken place we could've experienced a bigger growth.

There's a big growth indeed if this pandemic didn't happened as halving
take place this year.
Agreed on the statement. The pandemic has caused the cryptocurrency market to slow down, whereas there is drastic crash with rest of the economy. Recovery isn't aimed, even the go-slow economy won't happen with the world market. One thing I've found out of this scenario, people have started to live with what they have and spending time with family. Few months back none had time to spend with family, now everyone are happy in this regard.
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