aiguy
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September 05, 2020, 01:39:14 PM Last edit: September 05, 2020, 02:03:50 PM by aiguy |
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yes something is good in this Pandemic, like more close to family, spend time with family, but one thing not agree that is bank give us loan, yes they will give us loans but we have to pay back, that time our financial level become at down, then the taxes will be increased day by day. then it will be again like Pandemic
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aiguy
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September 05, 2020, 02:02:54 PM |
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Yes Right!! This time is a blessing in disguise. People should utilize this time and stop making fuss out of nothing as they always used to do. As far as economy is concerned, not only Banks but almost all sectors have given relaxation to people.
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nasipadang
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September 05, 2020, 02:23:17 PM |
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This covid 19 shows how weak People are in their mind instead of complaining everyone need to Think how They can benefit from this new situation.
Stop complaining and see this as Opportunity!
We have now more Opportunities then ever before! I think this covid 19 is good time. The banks giving now even more money! And You do not need to worry about paying back loans just wait for 7-10 years and debt will expire.
There is so many Opportunities now
Loan is not an opportunity, avoid the loan as much as possible. I'm sure most people find it difficult to see opportunities because this Covid makes what we do very limited, but on the other hand, people who are used to conducting long-distance meetings, providing digital-related services, and other related fields are very likely to see many opportunities in this pandemic.
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wiss19
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September 06, 2020, 05:58:39 AM |
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This is basically what banks want you to do as well. Think about it, you are a bank and you need income, if a lot of people suddenly starts taking out a loan, you are using the money you have to give out loans to people and they will be paying you money back with interest every month, that is income that everyone would love to have.
I mean let's say you have 10 thousand dollars, you give to 10 people with 4 thousand dollars each (banks are allowed to give more loans than the money they have) which means 40 thousand dollars you loaned to people, they will pay about 60 thousand dollars with interest over course of 5 years, wouldn't you consider that a great business?
I would totally go for something like that, being a bank is awesome for the bank while awful for everyone else. Hence, if you do what OP says, you are only making banks happy.
Same mind-set you had before now is the same mind-set you will have now, so all those people that are not looking for ways they can benefit from this situation, that’s because they have already had that mind-set that they won’t be able to make it in this kind of condition. This is not the first time that it’s being said that people should have other means of income that they are relying on, if you keep relying on just one, you just never where things are heading to. I have always try to have more means that I can generate income, apart from my office job I also take freelance jobs from both Fiverr and LinkedIn to support myself. When my office closed down, I had to rely on my freelance works to feed myself and family.
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Nellayar
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September 06, 2020, 08:43:38 AM |
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There is so many Opportunities now
The only opportunity I can think of this time is investing/hedging your money in non-inflationary assets like Bitcoin, gold, silver; there is actually limited opportunities in the world atm, unemployment rates have spiked to new record heights, even in the U.S. Businesses are struggling with generating income and the economy is in distress, if you're talking about opportunities, I'll only recommend averting your currency devaluation from affecting you by putting some of your assets in either gold or Bitcoin, there have been so much money printing all over the world and it's going to devalue fiat currencies in the long/short term. But investing right now is quiet risky because anytime, the market may fade. I don`t want to install some fud but we should be more sensitive in putting out our money. Remember that we are in pandemic and there are scammers around us. Therefore, I agree of what you said. Businesses are turning off right now, most of the companies are breaking down because they have no sales at all. The only opportunities are in online. In online industry, we can continue our works and provide the necessity in our family even we are in covid-19 pandemic.
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Findingnemo
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September 06, 2020, 03:20:08 PM |
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This covid 19 shows how weak People are in their mind instead of complaining everyone need to Think how They can benefit from this new situation.
Stop complaining and see this as Opportunity!
We have now more Opportunities then ever before! I think this covid 19 is good time. The banks giving now even more money! And You do not need to worry about paying back loans just wait for 7-10 years and debt will expire.
There is so many Opportunities now
Debt will expire? Banks or charity you are talking about! Did you default any loan like personal loan,car loan,credit card loan or housing loan? Your credit history will be damaged and you can never get loans anywhere in your life time until you clear the previous ones. Yes now you got the opportunity to get loans but what you will do with that money when the every business is scratching their table.
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Xembin
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September 06, 2020, 04:01:52 PM |
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I think not all countries that is receiving this free loan for the betterment of their citizens in this pandemic, countries like Ghana, Cameron, Nigeria nothing like Free loan for their citizens. Countries like USA, China, and Canada they are giving outopportunity to their citizens by giving them free loan to boost their economy.
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bryant.coleman
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September 07, 2020, 05:25:23 AM |
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I think not all countries that is receiving this free loan for the betterment of their citizens in this pandemic, countries like Ghana, Cameron, Nigeria nothing like Free loan for their citizens. Countries like USA, China, and Canada they are giving outopportunity to their citizens by giving them free loan to boost their economy.
I don't expect all the governments to do that, especially of they don't have enough reserves. However, a large number of developing nations have started giving out handouts. An example is India. Till now, the government is reported to have sanctioned almost $100 billion worth of funds to those who lost their jobs as a result of the pandemic. Obviously, the developed nations are a step ahead of the rest.
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giammangiato
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September 07, 2020, 02:25:50 PM |
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Covid19 also showed to us how reinvent our jobs and how make better and better also without some important tools. It showed that we can organize and re-organize again our life also in quarantine, we appreciate the technology and how it helped us to been connected to other people
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iv4n
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September 07, 2020, 05:04:15 PM |
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What covid shows is how weak and fragile this system is, with all their institutions. This brainwashing campaign that starts with the words "deadly virus is around" shows incompetence of the institutions to deal with the real problems around. And what is the solution!? Money printing, yes, we will help people and economy with more money, don't you worry we will print enough for everyone, but of course more for the rulers, less for the slaves. People are weak because they don't have knowledge to fight against this, lack of education from the early days, and that is what this system is responsible for too, because it's much easier to rule over ignorant people and they know that, now with this covid they will make people even more ignorant, and with f. masks and dress codes they will shape future generations, somehow I feel sorry for them.
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aiguy
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September 07, 2020, 05:28:31 PM |
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This covid 19 shows how weak People are in their mind instead of complaining everyone need to Think how They can benefit from this new situation.
Stop complaining and see this as Opportunity!
We have now more Opportunities then ever before! I think this covid 19 is good time. The banks giving now even more money! And You do not need to worry about paying back loans just wait for 7-10 years and debt will expire.
There is so many Opportunities now
How you can say this? This is just some countries, not for every countries, in some countries banks are empty, people are jobless. these onile digital works are not available in all countries. Yes you can say the rich country will be more rich and poor country will more poor.
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aiguy
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September 07, 2020, 05:31:22 PM |
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Doesn't agree with this because now they are giving loans but later business opportunities will be less and people will not have money then bank tax increases.
yes it totally right, because this idea will apply in just some developed countries, not in developing countries.
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iyamoxjhian
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September 08, 2020, 11:02:43 AM |
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it depends on which countries will be benefited the most..like in the third world countries..you can not say to take advantage because most of the people loss their jobs each day..struggle to find resources where can they find supply for their food..and even the government needs to borrow funds from the World funds..so I think you should ellaborate this..Most of the third world countries doesnt get much benefits from this pandemic aside from staying at home and spends more time with their family..
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Inkdatar
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September 08, 2020, 04:32:31 PM |
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I agree, everyone is afraid, banks are taking money, people just taking everything on loan, this year will work like that, but once when you will have to pay all of these you will screwed. In my case I was just focus on all my unfinished project and finish them and make money.
Banks are always there to collect money even people don't have job during these pandemic. Glad you have ways to make money during this difficult times. But those poor people there's no means of having ways to earn that's why some are just complaining. Debts are there and not expiring they will pestering you to pay debts.
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pokeronlinestatus
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September 20, 2020, 03:30:41 PM |
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Lol I don’t blame people for complaining about the Coronavirus, the situation has not been easy. Have you heard that a lot of people have lost their jobs because of this Coronavirus?
Majority of those people you’ve heard that lost their jobs don’t have another means of income, that means they will have to be relying on borrowing money to feed themselves and their family.
It’s not easy for so many people at this point in time, so that’s why they are all complaining. And another thing is that the government and every other organizations that’s giving loans won’t be able to give out loans to everyone, so what are those people going to do if they don’t get loans?
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GDragon
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September 20, 2020, 04:28:49 PM |
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Lol I don’t blame people for complaining about the Coronavirus, the situation has not been easy. Have you heard that a lot of people have lost their jobs because of this Coronavirus?
Majority of those people you’ve heard that lost their jobs don’t have another means of income, that means they will have to be relying on borrowing money to feed themselves and their family.
It’s not easy for so many people at this point in time, so that’s why they are all complaining. And another thing is that the government and every other organizations that’s giving loans won’t be able to give out loans to everyone, so what are those people going to do if they don’t get loans?
same thought, op can't really say that we have more opportunities right now if people are dying and some are looking for jobs. I guess he is speaking from a privilege point of view but it feels like he doesn't even has empathy. A toxic positivity is harmful, he's so angry with the people asking for help and change during these times as if he understands them all. This pandemic cause lives for others, you can't say it to just look at the brighter side if they lose someone or lose a job. And nope, this virus create higher unemployment rate.
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CODE200
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September 20, 2020, 10:25:45 PM |
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You literally cannot say on what people must do depending on your own perception that they must stop complaining and instead they must just see this covid-19 pandemic as an opportunity for you are not standing exactly at their position and have experienced the sufferings they have been going through because of this current situation. Maybe you are least affected by the negative effect of the pandemic which makes you say that. But for those people that belongs to the low classes of the society, it is very hard for them not to complain and be optimistic when at the actual situation they are the ones that are directly affected by the situation. You cannot relate on what they feel and they think because you are not situated on their position. Opportunities are only being seen by those people at the middle and upper classes for they have the capacity to work things out transforming the negative into positive springing out their businesses to survive the pandemic but for those that are not capable to do such, it is impossible to say that they must not complain instead divert their mindset into a positive one.
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abhiseshakana
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September 20, 2020, 10:40:21 PM |
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Lol I don’t blame people for complaining about the Coronavirus, the situation has not been easy. Have you heard that a lot of people have lost their jobs because of this Coronavirus?
Majority of those people you’ve heard that lost their jobs don’t have another means of income, that means they will have to be relying on borrowing money to feed themselves and their family.
It’s not easy for so many people at this point in time, so that’s why they are all complaining. And another thing is that the government and every other organizations that’s giving loans won’t be able to give out loans to everyone, so what are those people going to do if they don’t get loans?
For countries that have large foreign exchange reserves, still have a trade surplus, have small foreign debt and are dependent on low dollars and strong domestic consumption, and actively tighten their budgets when a surplus occurs, then when a pandemic occurs like this time they can freely carry out social security for all citizens affected by corona, especially for meeting basic needs. It is the government's responsibility to protect and guarantee the welfare of every citizen. But the phenomenon that is happening now is due to a budget deficit, the government has not been optimal in dealing with pandemics and stemming economic and social problems due to prolonged pandemics, such as increasing unemployment and crime rates. In current conditions, people rely on the government, unfortunately the lack of experience in handling pandemics, and the lack of knowledge makes policies seem slow, hesitant and not compelling, so the pandemic drags on. For example, when the beginning of the pandemic occurred, all countries in the world went into total lockdown for 2 weeks to 1 month, I think the pandemic will not be as widespread as it is now, which is global in nature, so the economic losses will not be as great as they are now.
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Wawa2013
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September 20, 2020, 11:02:44 PM |
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I agree that in a situation like now, don't complain too much, that there we can become stressful and will make our immunity decrease. That way the virus will easily enter our bodies, we must always be optimistic and take advantage of situations like now as opportunities. We can make a lot of money, if we can think creatively in situations like now. I think the current situation is the best time to invest, because almost all assets have decreased in price.
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Maroons
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September 21, 2020, 03:32:30 AM |
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I agree that in a situation like now, don't complain too much, that there we can become stressful and will make our immunity decrease. That way the virus will easily enter our bodies, we must always be optimistic and take advantage of situations like now as opportunities. We can make a lot of money, if we can think creatively in situations like now. I think the current situation is the best time to invest, because almost all assets have decreased in price.
It is not the same situation for all of us, some people are below you and really struggle in life and to add government doesn't do fast actions to help their citizens so complaining for them is one of the solutions so that government can hear them, i mean honestly complaining is normal for this is indeed a really hard time, we're in the middle of pandemic now so everyone gets tired emotionall and mentally. The invest thing you are saying only applicale to those people who are still going well even in the middle of pandemic.
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