COVID19 VACCINE AND ECONOMIC GROWTH?

[erikoy]

It is known worldwide that russia had been into the last phase of the trials of Covid19 Vaccine. It already coordinated with other countries to participate in the last phase of trial and that is the mass vaccination of the said Vaccine for covid19. Some countries like Philippines is wiling to cooperate and even buy the Vaccine.

As I have read some articles about creating a Vaccine would take the usual time frame needed before it will be created and declare as safe could take up to several years like 5-25 years. In this case the Vaccine was being made rush and it could harm people especially in the plan for mass vaccnation. I can't imagine the devastating effect of the vaccine if found out later the bad side effects on human body. Like the Dengvaxia issue wherein most people get injected without dengue history will complicate dengue illness. The dengue will become severe when one injected with dengcaxia for those who had not been into dengue sickness before. The sad thing is that the vaccine effect will take up to 5 years. So, five years of being stress not to get dengue and a life threating vaccine being injected to the body is something awful.

Now, Covid19 vaccine could also be the same as with dengvaxia. I am not questioning the scientist or the russia tech and people doing their research on creating the vaccine. yes they are good but this is not about how they do the reasearch but the effect itself that is not still known and again vaccine making will take years before it can be declared as safe vaccine for the people.

Now, if the trial of this vaccine will come to your place and ask you to get injected by the vaccine for free would you do it? or not?

If it could be proven effective what do you think about the economy of all country which will going to lead now in the economic growth?

Edited -

[Charles-Tim]

Now, if the trial of this vaccine will come to your place and ask you to get injected by the vaccine for free would you do it? or not

Even, if possible a dog can have covid-19, I can not even give such vaccine to my dog. There is a thread on Politics and Society board about this some days ago. There are comments from many medical experts and professionals from Europe and America included in the thread topic article. Check the link below.

Vaccine too early could be dangerous
https://bitcointalk.org/index.php?topic=5268580.0

From the link, quoted:

Despite rapid progress, most experts think any vaccine would not become widely available until mid-2021.

So, I will wait untill such time. Or even more than months after mid-2021. Or wait until 2022.

[GDragon]

Nope, I don't even want to call it vaccine already if its still in phase 3. A lot of vaccines are in phase 3, not only the one in Russia. Its dangerous, that's why it is still in testing phase. I hope people who will get it are volunteers, cause it will destroy the public trust if it has side effects and those people who got it didn't even want it in the first place. I've read that one side effect is ADE, which make an illness worse.

[Bttzed03]

The case of the Dengvaxia mess here in the Philippines will be different from Sputnik V because the public is now aware and more cautious. IIRC, the former hasn't completed testing phase yet (still in phase 2) but the previous administration hid that fact and proceeded with the mass vaccination. I bet it was also used as a political tool/PR to make them look good. The latter will undergo phase 3 clinical trial and timeline is from Oct. 2020 to Mar 2021. We'll have to wait and monitor its progress.

Many countries have already expressed their interest in purchasing the vaccine from Russia.

Now, if the trial of this vaccine will come to your place and ask you to get injected by the vaccine for free would you do it? or not?

I wouldn't volunteer. I'm not a fan of vaccines even before the Dengvaxia scandal and I can't even remember the last time I was vaccinated.

If it could be proven effective what do you think about the economy of all country which will going to lead now in the economic growth?

With a proven vaccine to deal with the COVID-19 virus, Governments will most likely lift all types of travel restrictions and all legal businesses will be allowed to operate at full capacity. With more mobility and businesses back to their normal operation, expect a faster economic recovery. The only problem I see here is if there's still money for people to spend and/for businesses to resume operation. Banks will have to be cooperative and help out smaller businesses.

[chip1994]

In fact, before mass production of vaccines, researchers have also tested a lot and then come up with results. So with only vaccines, the economy will be saved. Russia is also now receiving support from the US in its research institute to speed up the production of vaccines. In short, if vaccines come to us soon, the faster the economy will be saved. especially the crypto market will be to the moon by the Bitcoin halving.

[Pamadar]

In fact, before mass production of vaccines, researchers have also tested a lot and then come up with results. So with only vaccines, the economy will be saved. Russia is also now receiving support from the US in its research institute to speed up the production of vaccines. In short, if vaccines come to us soon, the faster the economy will be saved. especially the crypto market will be to the moon by the Bitcoin halving.

In related to vaccines, it's the only way for the economy to recover back, most businesses
 are still close and even there are establishments that are now open, the volumes of people
are not the same as before. With this vaccine.

It can change up the mindsets of people especially if this vaccines will really eliminates the virus.

[dothebeats]

This is reminiscent of the Space Race back in the late 50s and early 60s wherein the USSR and USA are competing to be the first in this technological advancement and seal their name in the pedestal forever. Now, they are just racing on who gets the vaccine first, and even though the data is incomplete and no phase 3 trials were done, Russia rushed to register its vaccine and tagged it 'complete' nonetheless. This might even result to more deaths, most of which will be unrelated to the virus itself but rather to the complications brought forth by the vaccine. Countries who get this vaccine would surely suffer if they get their hands on this vaccine and inject it on their citizens.

If a complete vaccine should ever come @ Q1 2021, economic repairs would still take years due to the damage the pandemic caused on lots of industries. It has also caused a series of events that could turn into a full-blown recession, so I do not really put my hopes up that a vaccine would be the only thing we need to bring back things to normal.

[AniviaBtc]

If this vaccine was found effective and it is proven for more than a year, then there is a possibility that we can somehow recover slowly and go back to normal.

Although this pandemic can really bring a permanent damage to us humans because of those loved ones that we've lost. It can somehow help the economy recover because businesses will possibly reopen and transportation will soon be allowed to operate and then workers can now go to their job everyday.

But that's not easy to predict because probably fear will still be there as it makes people think anxiously.

[audaciousbeing]

If this vaccine can be effective, then the people that have caught the virus should be the first line of action in ensuring that they are administered to and then free them after which the world can go to the preventive mode by ensuring that anyone who is travelling from one country to another should presents evidence of the vaccine before being allowed to enter leave the country of departure with that the people in the country can be safe and the economy can quickly back to normal because people can be sure that outsiders or people returning from other parts of the world are not bringing in the virus.

[leyton11]

I don't think so negatively. Vaccines do take time to provide enough yield, but not quality anymore. Because when they make vaccines, they also test multiple units with human-like genes for analysis. So I feel very secure about the Russian vaccine, which is a medicine that saves the world from economic crisis as well as people's lives. Crypto market will also grow strongly, keep usdt now to look for new opportunities when the defi trend comes. Don't be too negative.

[Quidat]

Nope, I don't even want to call it vaccine already if its still in phase 3. A lot of vaccines are in phase 3, not only the one in Russia. Its dangerous, that's why it is still in testing phase. I hope people who will get it are volunteers, cause it will destroy the public trust if it has side effects and those people who got it didn't even want it in the first place. I've read that one side effect is ADE, which make an illness worse.

Ive seen some of countries specially third world ones whom do really accept on whats been offered which i dont see for it to be right on making out a certain countries citizens to act as a
guinea pig but somehow we cant really able to tell if its effective to said virus if test wont really be done.It shouldnt really be that a mandatory for anyone to take those shots but rather
they do just done those test for those who do volunteer, where those people do know the risk involved when they do make themselves as test subjects.

[Upgrade00]

With all the excitement about various vaccines being worked on, I fear one of them may be approved too soon. Vaccine preparation usually goes through many stages to ensure its effectiveness as well as the absence of side effects, this process occurs over several phases which would take months or years.

The novel coronavirus has been around for over 9 months, this has given researchers and laboratory scientists some time to understand the virus and come up with a viable protection, there was however little historic data as regards this virus as it's fairly new, potentially increasing the time it would take to have a vaccine created and approved.
We should also note that if a vaccine passes preclinical and clinical trials, there still needs to be a period for monitoring of the volunteers who showed positive improvements, this time however they would be watching for side effects.

Those who don't learn from history are bound to repeat it. The political pressure to restart and revive the economy while bringing life back to normal shouldn't be a reason to endanger the lives of people.

[hatshepsut93]

Russia is just bulshitting, they don't have a vaccine, and they certainly didn't test anything on Putin's daughter. It's just a PR move to make Russia seem to be cool, both domestically and internationally. The first real vaccine will be developed in the West, some half a year or a year from now. It might be bullish news when it will happen, and stocks would likely react positively, but the same can't be said about Bitcoin.

[NeuroticFish]

The vaccine from Russia doesn't have all the safety tests made as required by international regulations. There are news even about doctors from Russia that are afraid to take it.

Of course, I'm not convinced that the western vaccine/s will be much better. They rushing it and this makes errors much more likely.

We'll have to have patience and see what happens next. One vaccine should be good sooner or later.

[Yatsan]

The reason why there is still no released report of the mass production and massive distribution of the vaccine made by Russia is because they are avoiding that the vaccine might have an after effect that can be bad to humans which is delaying the release of the vaccine even though Russia have already claimed months or weeks ago that they have already made the potential cure for the virus. Russian scientists are making sure of the effect that aside of killing the virus is of course it is safe for the human subject that is why they are still undergoing the last phase to prove its effectivity and not to create worst scenario.

Now, if the trial of this vaccine will come to your place and ask you to get injected by the vaccine for free would you do it? or not?

If the clinical trial have been done and there is no side effect that is bad to human, then why not? We are all wanting to have the vaccine to end this pandemic once and for all. But the vaccine that I wanted for me to get injected is the one that have already passed all the tests and have proven to be a cure with no negative side effects on human and not just the trial vaccine.

If it could be proven effective what do you think about the economy of all country which will going to lead now in the economic growth?

We are all just waiting for the creation of the vaccine that will end this pandemic so basically once the vaccine made was proven to be safe and be the cure to this virus, surely all countries can now get back into normal lives and can restart their economy which can lead to progressive actions and economic growth to be fixed because of the devastating effect of the covid-19 pandemic.

[The Sceptical Chymist]

Now, if the trial of this vaccine will come to your place and ask you to get injected by the vaccine for free would you do it? or not?

Vaccine trials don't work that way, but ultimately if your question is whether I'd get the vaccine for COVID-19 then my answer would be "yes".  I'm not an anti-vaxxer by any means.

If it could be proven effective what do you think about the economy of all country which will going to lead now in the economic growth?

If somebody developed a vaccine that was 100% effective, it still wouldn't be a blockbuster drug that many people think it would be.  Vaccines never are, and they usually don't account for a huge amount of any given pharmaceutical company's revenue.  So no, I don't think a vaccine would have much of an effect other than putting people back to work when they feel that they're safe.  In that respect I think a vaccine would have an enormous impact on the global economy--but we'll see what the result is when one is finally brought to market. 

Of course, I'm not convinced that the western vaccine/s will be much better. They rushing it and this makes errors much more likely.

That could certainly be true, but I'm hoping if mistakes are made they're not serious ones.  I'm also hoping the time frame for getting a vaccine into doctors' offices is shorter than it usually takes in the world of pharma companies.

[verita1]

Mikhail Murashko, the Minister of Health of Russia, said that within the next two weeks the first packages of the Sputnik-V vaccine will be available to doctors.

It is true that there is skepticism by specialists in the USA, Germany, France and other countries about this vaccine.
But Russia is betting on everyone that the vaccine is effective.

Proof of this is that dates for massive vaccination have already been planned.
Hopefully the Sputnik-V vaccine will be a success. And we all have the opportunity to access it to be able to return to normality and recover the economy.

[Twinkledoe]

Mikhail Murashko, the Minister of Health of Russia, said that within the next two weeks the first packages of the Sputnik-V vaccine will be available to doctors.

It is true that there is skepticism by specialists in the USA, Germany, France and other countries about this vaccine.
But Russia is betting on everyone that the vaccine is effective.

Proof of this is that dates for massive vaccination have already been planned.
Hopefully the Sputnik-V vaccine will be a success. And we all have the opportunity to access it to be able to return to normality and recover the economy.

Before releasing it to the public, I believe it has passed all the necessary requirements of WHO. And if Putin's daughter received it (no red tape), then they are pretty confident with themselves.

https://fortune.com/2020/08/11/russia-covid-vaccine-approved-putin-daughter/

Right now, we can't assess its efficiency because it will take time if that vaccine will really do its job. Let us hope that they really observe all the necessary protocols before releasing it to public use.

[jademaxsuy]

No, I will not get any members of my family get involve with the vaccine for it is still be needing a study of the possible effect to human. This could be agitate and I think it would be awful carrying vaccine inside the body knowing the possible effect and that could be life threatining. I will just going to wait for some time before getting injected with the vaccine.

Economy growth will depend on every country. I guess the fastest economic growth will goes to food production. This is somehow tha had been deppreciating due to constant consumption with lesser people doing to supply due to the pandemic.

[Oasisman]

Now, if the trial of this vaccine will come to your place and ask you to get injected by the vaccine for free would you do it? or not?

Yes, why not? What's the least we can do? Are we just going to just look at each other getting infected by the virus? Or we're going to make a step forward and discover some vaccine to eradicate this pandemic.
We'll all gonna die anyway, If you don't die with Covid or the vaccine, sure you'll die to something not related with Covid.
I don't question the vax that will be developed in this dire situation, sure everything has undergone a thorough process before implementing clinical trials. In fact,  
Most of the medicines like Anti-biotics that will be injected to your body all have long term effect to your body and so does the vax.

If it could be proven effective what do you think about the economy of all country which will going to lead now in the economic growth?

Obviously, a big resounding YES.
Lives, Businesses, Physical classes, transportation, stocks, production, and etc. All back to their normal pace.
But who ever developed a legit vax first will surely have their economy recover back rapidly.