Business / private sector is dead

[harizen]

You know the reason why things turned out like this right? Therefore, it's not making sense to say that businesses are done.

The world will slowly back again on track or should I say, it's now in process. Trust the process.

Cheer up. There are more people who experience even worst than you. It's not the end of the day.

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[philipma1957]

Yeah all evidence suggests it is somewhat mild as compared to the 1918/1919 spanish flu.

those death estimates were 20 to 50 million people.  world population was 1.2 billion.

so we are around 7x as big . In order to match that we would need 140 to 350 million deaths.

we are 600000 to 1 million deaths. way way way way way less.

pretend second wave comes in oct - dec.

the second wave if bad could be 6 to 10 million dead world wide since the second wave of the spanish flu was 10x the first.

the third wave comes in feb- mar 2021 and it is over.

third wave is lower then first.  say 400000  and the world is done.

with at the worst 7 million dead world wide.

I have studied many county totals in New Jersey and in New York.

The worst township in all of New Jersey had 900 catch it with 150 die.

This is Manchester In Ocean county New Jersey. It is a senior. citizen area with 45000 people average age is 68 years old.

Most info show higher death rates for 80 plus.  20x the death rate then 1 to 50.

I toss the numbers up to show worst cases.

It  sucks till April 2021
6-8 million die world wide.

Personally

My guess is 1-2 million die world wide and it ends in Feb- March.

But business will pick up as it adjusts to the mess caused by the pandemic.

[CarnagexD]

Well first off what country are you even referring to? This is a global forum. Also, you're right, business is hurting all around there is no question about that.  My own career has come under great fire of late, people aren't able to transact like normal in large part.

There is no specific places that encounters that because all of the places are in a global economic crisis.

Most of the people who are working just to have a food for his family are having a hard time due to slack businesses.

It is not a joke to have a business that is not that performing well due to lack of customers, but I hope that we overcome this struggle. Business sector is having a difficulty surviving itself especially that they are unable to operate and people are prohibited to go outside. This is just temporary, we need to face the reality that we are in a recession and we will overcome this soon. You should focus on your basic necessities and help those markets to have some profits.

[Latviand]

What if we don't follow the protocol of social distancing, staying at home, and using PPEs, do you think that it can minimize the cases of Covid-19?

If we don't sacrifice our businesses then this pandemic could lasts longer, also you will have the risk of getting the disease if your businesses be allowed to operate. We just need to cope up with this circumstances just for us to become safe from the virus. I know that businesses are really declining and we should focus on those businesses that will help us survive in this pandemic just like grocery stores, hospitals and stock market. This is the reality and we just need to endure this struggle and hardships especially those business owners who have nothing but to be bankrupt.

[jademaxsuy]

No I do not believe that private sector businesses are dead. It just temporarily at hold or stop its operation due to covid19. There will come a time that the normal will be back right after vaccine for covid19 will be created. Foe now, the safety is the first and foremost to consider. There is no more valuable tha  one's life. So we have to take care of it. Always remeber now to observe the minimum health protocol to avoid getting infected with the virus. Then stay at home to save lives.

[plvbob0070]

It's not totally dead like what you imagine, there is just a decline with some businesses brought by the virus. For now, we might see a decrease in clients and customers for some business or private sectors but since we are just starting to reopen amidst the pandemic that is why there are still no enough clients. People and businesses still need time to recover from their own losses.

As for other jobs you mentioned like taxi drivers, they will really experience this since it's still not advisable to go outside so there are not enough customers and it's expensive than other means of transportation. In barbershops, I think they are still getting customers since barber shops we're closed for months (and people want haircuts) it's just that they are afraid of going to public places and having close contact with other people since there is still a threat.

[michellee]

I don't want to say that the business/private sector is dead because I am sure that every owner of the business still trying to survive and think about how they can pass and save their company. They will search for the other way to survive in this pandemic by contacting their relation to making a new agreement.

I know that some home business is dying, and maybe I will tell some to you. Before the pandemic, that food company only serves the local people, and sometimes, the employee deliver the food to their place. But in the pandemic, the owner trying to figure out how they can survive, and finally, he got something different than what he did before. He tries to use Instagram and Facebook to promote his food list on his page, and he can send the food in the local area. If the customer has a different city, he can send the food by using another shipment service, and he guarantees that his food will still okay in the customer's hands.

[deisik]

Yeah all evidence suggests it is somewhat mild as compared to the 1918/1919 spanish flu.

those death estimates were 20 to 50 million people.  world population was 1.2 billion

The times were different

Spanish flu started right after World War I when millions of people had died or been killed, and human life didn't amount to much. Aside from that, the world was a pretty separated place back then, and no one cared if a few million people fell victim to some disease halfway across the world. How many of us really care if a million people die from hunger somewhere in Africa if that many people die there year in and year out?

[redsun114]

No I do not believe that private sector businesses are dead. It just temporarily at hold or stop its operation due to covid19. There will come a time that the normal will be back right after vaccine for covid19 will be created. Foe now, the safety is the first and foremost to consider. There is no more valuable tha  one's life. So we have to take care of it. Always remeber now to observe the minimum health protocol to avoid getting infected with the virus. Then stay at home to save lives.

Yes and actually being an online worker myself I do not feel there is too much problem for people in our field because online work is almost the same although there are less projects but always enough to keep working and keep earning.

My friends who could not move out are actually working from home and the companies have allowed them to work from their home. The most affected industry is the hospitality industry because the hotels are not being booked and there is no travel activity going on because no one wants to go anywhere now and rightly so. I hope they can recover from their situation quickly because even when the pandemic ends people will be hesitant to travel much.

[Emitdama]

What if we don't follow the protocol of social distancing, staying at home, and using PPEs, do you think that it can minimize the cases of Covid-19?

You are correct but rather than dying of hunger and starvation I would prefer to take the risk because there are better ways if government implements then both the work and safety can be ensured.

If we don't sacrifice our businesses then this pandemic could lasts longer, also you will have the risk of getting the disease if your businesses be allowed to operate. We just need to cope up with this circumstances just for us to become safe from the virus. I know that businesses are really declining and we should focus on those businesses that will help us survive in this pandemic just like grocery stores, hospitals and stock market.

Yes everyone needs to contribute and actually if we all can just help poor people around us by giving them some money in these tough times like giving advance salaries to your workers would do a whole great for them because the worst situation is for the daily wages worker since they can't go out and work while also don't have the treasure to use in these times.

[teosanru]

Business  / private sector is dead

As a freelancer in 2 months i got 4 clients only ... in my area 4 clients it's like your biz is dead... no matter how much you try to do marketing/advertising it just does not work ...
I look at other peoples businesses same situation ...

High Tech,Web Development,Web design ,Mobile Development ,Marketing,Blockchain development,Dapps,Web Hosting is dead from what i see


I got friends taxi drivers same situation they are just sitting in the taxi and some day zero clients ,barber shops the same they are sitting around all day smoking ... anything that seems a "luxury good" people don't touch this days.

The only thing people are buying is basic necessities ... oh also food and cigarette prices went up again ...

It's a f nightmare ...those that have billions of USD under the mattress better start investing soon ,or that money will be good only as toilet paper ...

Economy i love it ...

I think the whole circle of Economy is devastated due to Covid. Everything ends up at the demands of consumers. Post Covid there has been almost negligible consumer demand in most of the sectors if people don't want things then there is no point of Technological developments and same is the case with marketing. But the problem is consumer demand is hampered due to increased unemployment which in turn has happened due to lack of demand. So someone just needs to rectify this circle for things to come back on rails otherwise we are going to face same thing for quite some time. Why would people develop apps/ Websites when there are barely any people ready to buy their products.

[crzy]

Many businesses are dead but some of them are still fighting and surviving, so don't lose hope mate. I saw many dead business as well but the owners are not giving up because they adopt the new normal and shift into another business. You might think that your business is not profitable anymore, then its better for you to look for alternatives or do more online business, in my country online business grows a lot especially during the lock down up to this day.

[Harlot]

I don't think this is true and to be honest businesses that have online products are the ones who are able to survive and keep most of their employees under their payroll. Companies or businesses where they have to sell their products on a physical location is something that are affected like supermarkets, department stores or or laundry shops as these businesses are affected with lack of people going to them. This is where the advantage for companies who either adapted digitally or naturally exists in a digital way as most of the people are now more active buying their stuff online and even do their work online. Companies who are affected on the other hand still has a chance to adapt for them to save their businesses.

[spy100]

Business  / private sector is dead

As a freelancer in 2 months i got 4 clients only ... in my area 4 clients it's like your biz is dead... no matter how much you try to do marketing/advertising it just does not work ...
I look at other peoples businesses same situation ...

High Tech,Web Development,Web design ,Mobile Development ,Marketing,Blockchain development,Dapps,Web Hosting is dead from what i see


I got friends taxi drivers same situation they are just sitting in the taxi and some day zero clients ,barber shops the same they are sitting around all day smoking ... anything that seems a "luxury good" people don't touch this days.

The only thing people are buying is basic necessities ... oh also food and cigarette prices went up again ...

It's a f nightmare ...those that have billions of USD under the mattress better start investing soon ,or that money will be good only as toilet paper ...

Economy i love it ...

I think the whole circle of Economy is devastated due to Covid. Everything ends up at the demands of consumers. Post Covid there has been almost negligible consumer demand in most of the sectors if people don't want things then there is no point of Technological developments and same is the case with marketing. But the problem is consumer demand is hampered due to increased unemployment which in turn has happened due to lack of demand. So someone just needs to rectify this circle for things to come back on rails otherwise we are going to face same thing for quite some time. Why would people develop apps/ Websites when there are barely any people ready to buy their products.

Exactly ... if other people fail we fail also ... like they depend on us we depend on them also ...

[Rosilito]

No, they aren't dead. That's quite normal in this situation, imo, some companies haven't been fully operating yet hence, some employees had to be off more than what's usual, not to mention that they are now experiencing a salary cut which leads to various events, like they have set aside buying unnecessary stuff, and those stuff you mentioned.

Anyway, here, in my country (PH) have been in similar situation, fortunately, after months of lockdown where the collapse of some businesses have been witnessed, now things are seemingly getting back to normal although, it wasn't the same as before wherein customers are congested inside a popular shop or whatever kind of store.

[spy100]

Many businesses are dead but some of them are still fighting and surviving, so don't lose hope mate. I saw many dead business as well but the owners are not giving up because they adopt the new normal and shift into another business. You might think that your business is not profitable anymore, then its better for you to look for alternatives or do more online business, in my country online business grows a lot especially during the lock down up to this day.

I know exactly what to do ... but do to ethics i don't do it .... i could start manufacturing and sell cheap alcohol / booze ... alcohol biz did grate in the Great Depression ... i don't do it  do to fact i know what alcoholism means ...  Let others do it ... i don't want it on my conscious ...

[spy100]

No, they aren't dead. That's quite normal in this situation, imo, some companies haven't been fully operating yet hence, some employees had to be off more than what's usual, not to mention that they are now experiencing a salary cut which leads to various events, like they have set aside buying unnecessary stuff, and those stuff you mentioned.

Anyway, here, in my country (PH) have been in similar situation, fortunately, after months of lockdown where the collapse of some businesses have been witnessed, now things are seemingly getting back to normal although, it wasn't the same as before wherein customers are congested inside a popular shop or whatever kind of store.

if you just got out of lockdown people started spending savings... wait until savings gone ...

[bitgolden]

Everything is going to be changed in a matter of one month. Oxford's vaccine is set for all the people around the globe unlike what most other countries are planning with their development of covid19 vaccine; when vaccine arrives then you may expect restoration of every business like before. I agree that would take some time to resume still you can be cool with the faith of getting better in near future rather than being worrying about not getting worse than what we do today.

In my country as well, we are unable to lead usual life due to lack of service providers and expensive day to day things including groceries and vegetables which makes to plan up everything newly for the same salary I do get.

Bitcoin's stagnant condition for more than 2 months says all these. Bitcoin never got stuck like this. My P2P transaction kept waiting regardless of what buyers offer unlike how I was easily selling some 4 months back like almost instant even in p2p environment. Praying for betterment of everything and for everyone .

[imstillthebest]

Everything is going to be changed in a matter of one month. Oxford's vaccine is for all the people around the globe unlike what most other countries are planning with their development of covid19 vaccine; when vaccine arrives then you may expect restoration of every business like before. I agree that would take some time to resume still you can be cool with the faith of getting better in near future rather than being worrying about not getting worse than what we do today.

oxford ? lol that sounds like a dictionary brand . now serious , so this vacine will come next month ? thats great news because this isnt a biased one while other vaccines are clearly to be created for profits but till now there are no exact dates on when they are going to be release  . not all business are dead but mostly online business are infact blooming now . money wont become obsolete because money can always be use to buy basic necesities to live

[MCobian]

Actually not all businesses are affected and die, there are some businesses affected, but the growth is rapid. For example, the medical device
business and also the package delivery business. Both of these businesses are not including basic necessities, but can be further developed
because of high demand. That's because medical devices are indeed needed in this situation. Such as masks, oxygen cylinders, disinfectants
and hand sanitizers. Then for package delivery services to develop because people prefer to buy goods online, so shipping services are needed.