Economy restart big Boom and prosperity Coming

[jrrsparkles]

Right now nothing is going to happen as you are saying because most of countries still waiting for update about Covid19 and Vaccine which is not coming in near future and until this all is just like a dream right now we are losing more jobs and poor peoples suffering very badly due to this all some big economies are in worst situation and trying to settle things which is not easy for them in short term because its all still under threat from this Corona.

Russia is going to register their vaccine on Aug 12 and they are going to be the first if they really do it and people will be having corona vaccine in the month of october itself in Russia, but its like they are going to mass produce a vaccine which doesn't follow the normal protocols of a vaccine.

I think they are already sure that the vaccine is effective, and I also believe that the vaccine is needed so they fast track the process, besides, it's their people and as long as everyone agrees, they can test the vaccine.

In fact, our country will try the vaccine as our cases is also serious, so I'm hoping for the best so that we can start all over again.

Duterte takes Russia's offer of COVID vaccine after asking China

Vaccine is more important than anything but we need to make sue that we are really giving the right vaccine and it doesn't have any side effects also important though, what is corona vaccine creates a deadly side effects? the whole country will be struggling and the numbers will be more than the corona cases as well that is why there is a safety protocol for testing purpose and that is why other countries are bit later since they are in the testing periods.

[reliable]

Right now nothing is going to happen as you are saying because most of countries still waiting for update about Covid19 and Vaccine which is not coming in near future and until this all is just like a dream right now we are losing more jobs and poor peoples suffering very badly due to this all some big economies are in worst situation and trying to settle things which is not easy for them in short term because its all still under threat from this Corona.

Russia is going to register their vaccine on Aug 12 and they are going to be the first if they really do it and people will be having corona vaccine in the month of october itself in Russia, but its like they are going to mass produce a vaccine which doesn't follow the normal protocols of a vaccine.

I think they are already sure that the vaccine is effective, and I also believe that the vaccine is needed so they fast track the process, besides, it's their people and as long as everyone agrees, they can test the vaccine.

In fact, our country will try the vaccine as our cases is also serious, so I'm hoping for the best so that we can start all over again.

Duterte takes Russia's offer of COVID vaccine after asking China

Vaccine is more important than anything but we need to make sue that we are really giving the right vaccine and it doesn't have any side effects also important though, what is corona vaccine creates a deadly side effects? the whole country will be struggling and the numbers will be more than the corona cases as well that is why there is a safety protocol for testing purpose and that is why other countries are bit later since they are in the testing periods.

Wishing that it proves to be the saviours now for the world who has being going through one of the bad phases of our time and this vaccine helps to kill the virus and reaches to all the countries as quickly as possible to put the end of this. It has been already close to 6 months now where things have not been normal.

[Kez1817]

In my opinion,we don't need to be rich as long as we live happily and satisfied for what we have. I'm not telling you not to work to earn money but don't dream too much until you do bad things just to earn big and get rich. Still do things in a right way to earn and to have a prosperous life that you want. Our economy will not easily go back to normal after this pandemic.Government are now in debt and every sector of the government are down. We should move and think some strategy to earn money and not rely on the government subsidy,that's not enough to survive.

[shoreno]

Right now nothing is going to happen as you are saying because most of countries still waiting for update about Covid19 and Vaccine which is not coming in near future and until this all is just like a dream right now we are losing more jobs and poor peoples suffering very badly due to this all some big economies are in worst situation and trying to settle things which is not easy for them in short term because its all still under threat from this Corona.

Russia is going to register their vaccine on Aug 12 and they are going to be the first if they really do it and people will be having corona vaccine in the month of october itself in Russia, but its like they are going to mass produce a vaccine which doesn't follow the normal protocols of a vaccine.

I think they are already sure that the vaccine is effective, and I also believe that the vaccine is needed so they fast track the process, besides, it's their people and as long as everyone agrees, they can test the vaccine.

In fact, our country will try the vaccine as our cases is also serious, so I'm hoping for the best so that we can start all over again.

Duterte takes Russia's offer of COVID vaccine after asking China

Vaccine is more important than anything but we need to make sue that we are really giving the right vaccine and it doesn't have any side effects also important though, what is corona vaccine creates a deadly side effects? the whole country will be struggling and the numbers will be more than the corona cases as well that is why there is a safety protocol for testing purpose and that is why other countries are bit later since they are in the testing periods.

Wishing that it proves to be the saviours now for the world who has being going through one of the bad phases of our time and this vaccine helps to kill the virus and reaches to all the countries as quickly as possible to put the end of this. It has been already close to 6 months now where things have not been normal.

time fly fast and i didnt notice that we already strived for 6 months in this kind of situation  . if we achieved 6 months of fighting , we can also overcome many more months and years to come waiting for the cure .  things are already normal but only in a new way because we need to wear face shields , gloves , etc when we go out and schools , jobs and alike are also done inside or online.  i think economy already restarted also along with  .  i can also feel that prosperity is coming with the help of cryptos

[Argoo]

It is still very early to speak about a period of prosperity for the economies of states and for the world economy as a whole. In fact, we have just begun to plunge into stagnation and devastation, which is associated with unprecedented measures to combat the spread of the coronavirus. Although the process has started, the response of economies is a little late. In addition, we expect a second wave of the spread of this coronavirus. Some countries are already celebrating its coming. So it's too early to rejoice. The period of overcoming the economic crisis will surely come. However, we do not yet know with what results we will approach this period.

[jrrsparkles]

......

time fly fast and i didnt notice that we already strived for 6 months in this kind of situation  . if we achieved 6 months of fighting , we can also overcome many more months and years to come waiting for the cure .  things are already normal but only in a new way because we need to wear face shields , gloves , etc when we go out and schools , jobs and alike are also done inside or online.  i think economy already restarted also along with  .  i can also feel that prosperity is coming with the help of cryptos

Even if the vaccine was successfully registered it will take time for the mass production I expect we need another 6 months to vaccinate the whole world and the pricing will be a big factor in the current situation when most of the people are starving for food, they can't afford if the price for the vaccine will be a premium one.

[Janation]

......

time fly fast and i didnt notice that we already strived for 6 months in this kind of situation  . if we achieved 6 months of fighting , we can also overcome many more months and years to come waiting for the cure .  things are already normal but only in a new way because we need to wear face shields , gloves , etc when we go out and schools , jobs and alike are also done inside or online.  i think economy already restarted also along with  .  i can also feel that prosperity is coming with the help of cryptos

Even if the vaccine was successfully registered it will take time for the mass production I expect we need another 6 months to vaccinate the whole world and the pricing will be a big factor in the current situation when most of the people are starving for food, they can't afford if the price for the vaccine will be a premium one.

Our country is so dependent with the vaccine.

Since the vaccine was made by Russia, our country is expecting to receive those vaccines next month. Saying that I also thought that it will be needing a lot of time but I guess since we already have the vaccine, it will be easy to reproduce it. What I am saying is that I don't think we should all be dependent on the vaccine since there are a lot of countries that proved we don't need vaccines to end the contamination of the virus in the country.

[MCobian]

As long as a vaccine has not been found, I doubt that economy will restart the big boom, especially since prosperity is unlikely to come
in the near future. We have to think realistically about this problem, and give out huge loans is not a good idea in my opinion. Maybe the
economic crisis can be resolved, but only for the short-term. Whereas in the long term there will be new problems, such as debt everywhere,
there is high inflation and taxes will be higher too. This will make the people suffer and away from prosperity.

[The cure]

It is too early for us to be confident, I like your positive outlook but we must be realistic and let us not forget that this is a serious problem globally. Having a debt is not a basis of prosperity, it might solved the problem we faced of today but it's only temporary because in the future people may suffer. We are only starting to get up gradually because of our fall in the pandemic and we are too far for that prosperity you talking about. I'm sure this  crisis will going to an end, and the period of overcoming the economic crisis will come.

[carlisle1]

As long as a vaccine has not been found, I doubt that economy will restart the big boom, especially since prosperity is unlikely to come
in the near future.

Vaccine holds the key where people will be freely to continue living the old lifestyle, even the government do the restart there's still fear from most of the people.

We have to think realistically about this problem, and give out huge loans is not a good idea in my opinion. Maybe the
economic crisis can be resolved, but only for the short-term.

Giving loans to survive is a good idea but if the virus will continue and there's no available vaccines the money will be wasted along the way.

Whereas in the long term there will be new problems, such as debt everywhere,
there is high inflation and taxes will be higher too. This will make the people suffer and away from prosperity.

Totally. It will wrecked everyone's credits, long term solution is important, vaccine is the only answer.

[bitbunnny]

As long as a vaccine has not been found, I doubt that economy will restart the big boom, especially since prosperity is unlikely to come
in the near future. We have to think realistically about this problem, and give out huge loans is not a good idea in my opinion. Maybe the
economic crisis can be resolved, but only for the short-term. Whereas in the long term there will be new problems, such as debt everywhere,
there is high inflation and taxes will be higher too. This will make the people suffer and away from prosperity.

I don't think that vaccine is solution for economies. I mean maybe it might be but we can't wait that long, economies all around the world don't have that time. It might take a while for safe and efficient vaccine to be found and meanwhile we need to find the way how to live with virus and restart and encourage economies become life needs to go on as normal as possibile, that is important for all of us. Although I don't think that big prosperity will come that soon and possibly economies all.around the world would need to change from the basis.

[jrrsparkles]

......

time fly fast and i didnt notice that we already strived for 6 months in this kind of situation  . if we achieved 6 months of fighting , we can also overcome many more months and years to come waiting for the cure .  things are already normal but only in a new way because we need to wear face shields , gloves , etc when we go out and schools , jobs and alike are also done inside or online.  i think economy already restarted also along with  .  i can also feel that prosperity is coming with the help of cryptos

Even if the vaccine was successfully registered it will take time for the mass production I expect we need another 6 months to vaccinate the whole world and the pricing will be a big factor in the current situation when most of the people are starving for food, they can't afford if the price for the vaccine will be a premium one.

Our country is so dependent with the vaccine.

Since the vaccine was made by Russia, our country is expecting to receive those vaccines next month. Saying that I also thought that it will be needing a lot of time but I guess since we already have the vaccine, it will be easy to reproduce it. What I am saying is that I don't think we should all be dependent on the vaccine since there are a lot of countries that proved we don't need vaccines to end the contamination of the virus in the country.

We need vaccines for sure to stop the covid 19 completely but now people knows that this is not going to affect them much if they are a healthy and its more like a common flu now.People are still getting infected and that is why governments are urging to find their vaccines and looking to save their economy.

[The Sceptical Chymist]

I don't think "prosperity" would be the right word but "temporarily". Diluting more money into the market could further worsen the economic situation that we have.

Yeah, I don't know what OP is dancing all around on the bar stool for, because someone is going to have to pay for all of this free money eventually, and I don't get the sensation that we're at a huge party where $100 bills are being tossed to the crowd.  This crap actually frightens me.

But OP might be correct.  If you have enough capital to plunk down into your crypto exchange account or your stock brokerage, you might have a good chance at making some quick money--the markets look like they're starting to catch fire again, but I'm not sure how long that's going to last.  If interest rates start to rise, watch out.  Markets will start to calm down in a hurry, and we might even see a panic.

What a scary time we live in - we all pretend all good until everything will blowup

Exactly.  I know in the US everyone is excited about these stimulus checks and unemployment benefits, but those things are not free.  The politicians are just kicking that damn can down the road as energetically as if they were playing professional soccer.

[Janation]

We need vaccines for sure to stop the covid 19 completely but now people knows that this is not going to affect them much if they are a healthy and its more like a common flu now.People are still getting infected and that is why governments are urging to find their vaccines and looking to save their economy.

That is not what I am saying.

There are a lot of countries that ended the contamination of the virus without the vaccine, one of the most popular country is New Zealand. They stopped it without vaccines, and the last week as far as I know one country even celebrated its 100th day without Covid-19 cases, and yeah, without the help of the vaccine.

[slashz9]

it seems you are too sure of your prediction, I think there are still many more severe crises in the previous year such as the financial crisis in 2008 which caused the entire world finances to be completely paralyzed.
or the crisis that occurred in Asia in 1997 was no less terrible than the current crisis.
perhaps the economic spike resulting from the present increase will be higher because of the many investment means or types of assets developed than in the past.

[cryptoboss2020]

I don't think "prosperity" would be the right word but "temporarily". Diluting more money into the market could further worsen the economic situation that we have.

Yeah, I don't know what OP is dancing all around on the bar stool for, because someone is going to have to pay for all of this free money eventually, and I don't get the sensation that we're at a huge party where $100 bills are being tossed to the crowd.  This crap actually frightens me.

But OP might be correct.  If you have enough capital to plunk down into your crypto exchange account or your stock brokerage, you might have a good chance at making some quick money--the markets look like they're starting to catch fire again, but I'm not sure how long that's going to last.  If interest rates start to rise, watch out.  Markets will start to calm down in a hurry, and we might even see a panic.

What a scary time we live in - we all pretend all good until everything will blowup

Exactly.  I know in the US everyone is excited about these stimulus checks and unemployment benefits, but those things are not free.  The politicians are just kicking that damn can down the road as energetically as if they were playing professional soccer.

party never stopped music will always play
usa is too big to fall

and it wount fall it will get bailed out over and over again.

usa is too important in the world to fall  there is facebook there is google apple and wall street
it will be huge loss for all over the world is something will happens with usa.
usa and russia both are just too important for world  china is also important.

europe is important but only few countries ....


countries wich are not so important there is poverty there is war...there chaos

usa russia china uk  and canada and are the most important countries in the world.

and off course resort countries like spain  monaco italy some part of it..are important.

im sure nothing will happens with usa usa will be greatest country in the world.

world global elite is not stupid they dont let fall they biggest resourceful countries!

[tbterryboy]

The big economy Boom and Prosperity Coming.
There will be a lot new Capital in world.
Right now in australia There is crisis... But soon it will be over coz australia will Give out huge loans like USA and uk did.
We will see all Around the World that Kind of economy booming that we never seen Before!!


If you Don't get Rich now you will stay poor all your life!! 
And cryptocurrency boggest bull run will go Wild

It’s good that different sectors in the economy are starting to resume, it’s really going to help people. The rate of unemployment increased in almost every country in the world when the economy was closed, and these people couldn’t afford to feed their family, and it’s not just about that, the government themselves can’t afford to take care of all these people. Now that the economy is opening again, there will now be jobs again as time goes on, and people will start getting employed.

And as for the part of giving out loans to people, do you think that the government will be able to give out loans to every single individual that applies for the loans? There is a set limit of how much they will be bringing out to help pump the economy, and not every Business will be lucky enough to get their hands on that loan to boost their business. And I think the big companies will likely be favored more than the small ones, because they are already big enough and the government will believe that they will be right ones to invest the money in, since they will benefit from it more than the small ones.

[South Park]

There will be a lot new Capital in world.

There will be a lot of new debt created in the world.

https://www.usdebtclock.org/world-debt-clock.html

You're welcome.

Can you explain what this new debt can cause? I keep hearing that the world as we know it is going to come to an end, thanks to recessions and whatnot caused by debt, but I wonder what looking at boggingly large numbers helps in terms of, how can I tell if we're getting closer to that just by the chart? Or better yet, can it tell if we're moving away from such tragedy?

The effects of all of this debt being accumulated cannot really be summarized in a post, however it is obvious that any new debt taken by the government weakens it and there are many countries that are reaching the limits as a great deal of debt was created in 2008 to solve the crisis, but the sad part is that they did not solve anything they just made the losses that were suffered by a few to become the losses of everyone, not only this was immoral they only delayed the inevitable which is a crisis even bigger than the one we saw in 2008.

[perfect999]

I think all of this positive thinking comes from the fact that we had one of the weirdest periods in recent human history, not only the economy crashed which happens time to time so that is not a big deal, but basically people were all staying at home and almost all business' except a few was closed and nobody made any profit at all.

So, it is totally understandable that people wouldn't want to go out and spend money neither. However all of that is almost over now, the pandemic could be still around but it is not as bad as it used to be and that means people can go outside and work and spend and even go to cafes to have fun as well. Which is why I think it is quite important to be positive right now about the economy, how worse could it get right now? Obviously it should recover considering how bad it was few months ago.

[erikoy]

Of all things that I do.not like are those close minded people that talk non sense and this ine belongs to the non sense people. I am trying to hold my ego to make a reply on this one but I think it is also better to make a reply sometimes. Being poor is not a problem but the problem are those judgemental person like this guy. Anyway, if econmy will prosper then all people living in that place will also experience prosperity along with the economies prosperity.