economic loan new money and covid 19 i want fast

[DabsPoorVersion]

This will be hard for the banks to lend much money, because they are also just thinking about what else can happen in the world as long as there is still no vaccine against covid-19, we should not be complacent and let us continue to be careful because money is not the only thing that matters at this time. Others take advantage of this situation to make more loans in banks and different sectors who offer loans, and when they get their loan they spend it on things that are not important to buy nowadays.

Nope your wrong with that banks want to offer a loan to the people and actually they create a promotion which lower the interest while there's a pandemic and also this incident is temporary only and if the vaccine will be done successfully for sure people will get back on their lives and they can able to pay their loans back. Many banks grab the situation and this is a best time for them to get a profit.

Yes, banks don't think that way,

They think that this situation is best for them to take more clients as they have. Instead of thinking about the future, they create more strategies on how they will make more people having loans to them. This is not about how people will pay by now but they think more about how they will gain in the following years.

[Polo7]

This will be hard for the banks to lend much money, because they are also just thinking about what else can happen in the world as long as there is still no vaccine against covid-19, we should not be complacent and let us continue to be careful because money is not the only thing that matters at this time. Others take advantage of this situation to make more loans in banks and different sectors who offer loans, and when they get their loan they spend it on things that are not important to buy nowadays.

Nope your wrong with that banks want to offer a loan to the people and actually they create a promotion which lower the interest while there's a pandemic and also this incident is temporary only and if the vaccine will be done successfully for sure people will get back on their lives and they can able to pay their loans back. Many banks grab the situation and this is a best time for them to get a profit.

Yes, banks don't think that way,

They think that this situation is best for them to take more clients as they have. Instead of thinking about the future, they create more strategies on how they will make more people having loans to them. This is not about how people will pay by now but they think more about how they will gain in the following years.

Yes true!! 
The year ends They need to give out loans before that as possible.
The many restrictions Will placed until People Will Take loans.

[maxreish]

You know what? It's easier said than done.
 Governments will not hastily take some loans from the banks. There are more circumstances that needs to be weigh and find out some solutions for recovering of the economy. They may provide other way to resolve it.
 As for the citizens who were affected by this pandemic, loans are also their one of the answers to their finncial problem. Crisis been experienced  in this pandemic. It's a win-win situation for the banks and the borrower.

[kotajikikox]

Where does the new money come from? Does the printer do brrr? Well, great, according to this scheme, then maybe there will be just tons of tons of new money, and so what? What is the point of this artificial inflating of the already inflated to the limit of the Fiat bubble? A loan for a loan to pay off another loan to "live normally" is a very strange way out, don't you think?

There is a friend of mine who lives in that kind of world,He was a Businessman in which the capital comes from a Loaning agency,the problem is He don't know how to manage the income properly so what happens?
he needs to go to another loan company to borrow money to pay the first lender,and this happens in the next and the other one.
Now His business is only running from loans and loans and this is a BS life.
never borrow money to pay the loan because
 you only making the situation harder,better talk to the lender that you will have to cut the interest because you will never grow if
things stay that way.
Anyway I never ask for loan because of this pandemic,i rather shorter my budget than look for loans that i cannot assure how to pay.

[shoreno]

You know what? It's easier said than done.
 Governments will not hastily take some loans from the banks. There are more circumstances that needs to be weigh and find out some solutions for recovering of the economy. They may provide other way to resolve it.
 As for the citizens who were affected by this pandemic, loans are also their one of the answers to their finncial problem. Crisis been experienced  in this pandemic. It's a win-win situation for the banks and the borrower.

taking loans can add another problem but we also need money to fix the problem . we need a capital to make a product that will help us but we dont need huge money for that because we can be creative to make more products  .

we can loan small money so that it will not be hard for us to pay  . for the governments , they dont need a loan because they have ways to collect funds , that funds can came from the tax or personal donation of the people and on other countries .

[Maroons]

You know what? It's easier said than done.
 Governments will not hastily take some loans from the banks. There are more circumstances that needs to be weigh and find out some solutions for recovering of the economy. They may provide other way to resolve it.
 As for the citizens who were affected by this pandemic, loans are also their one of the answers to their finncial problem. Crisis been experienced  in this pandemic. It's a win-win situation for the banks and the borrower.

taking loans can add another problem but we also need money to fix the problem . we need a capital to make a product that will help us but we dont need huge money for that because we can be creative to make more products  .

we can loan small money so that it will not be hard for us to pay  . for the governments , they dont need a loan because they have ways to collect funds , that funds can came from the tax or personal donation of the people and on other countries .

That is also one of the problem, because of the pandemic the government source of funds such as taxes are reduce and in my country we're now in the 6th month of quarantine and imagine how economic is catching up to the situation, for now the least we can do is to support local products by that we can increase their production level and also taxes will go up even just a little but i'll be honest even in the middle of pandemic corruption is still happening, i mean there are lots of funds thats supposed to be used to fight covid but instead they using it for somethong else or worse its gone without a trace where it is but of course we need to be on track and not be distured by the negativity happening around you, support local products thats the easiest waynfor us to help our economy.

[coolcoinz]

I've avoided taking loans my whole life. I don't want to have to submit reports and kneel before the allmighty bank because of a debt that I cannot repay because they suddenly changed the rules or something happened in my life so that I'm no longer able to pay as much as they want every month. Life is so much easier when you don't have to worry about these things.
I don't agree that the restrictions will be lifterd if we just take loans. Most of these restrictions are not doing anything to stop the virus anyway.

[wxxyrqa]

I've avoided taking loans my whole life. I don't want to have to submit reports and kneel before the allmighty bank because of a debt that I cannot repay because they suddenly changed the rules or something happened in my life so that I'm no longer able to pay as much as they want every month. Life is so much easier when you don't have to worry about these things.
I don't agree that the restrictions will be lifterd if we just take loans. Most of these restrictions are not doing anything to stop the virus anyway.

I, too, have the same opinion, because it is better to rely on your capabilities, and not borrow from the bank. But nevertheless, Nobody forces anyone to take a loan from banks in order to then complain about problems with the banking system. In addition, you need to be an idiot to take one amount of funds on credit, and give several times more. 

[wxa7115]

I feel you buddy, but it doesn’t work like that. Most of the people take loans when they are having some securities and also banks will ask for that too. Bank won’t be just lending away money based on people’s emotions though. They will surely take mortgages, or some other ways to invest. In the pandemic it’s the fight to have at least daily needs furnished. Taking loans is insane in the current scenario.

I think many are treating banks as charities, thinking they can borrow money and never pay it back or that they are going to get their debts forgiven or something, but the truth is that banks are businesses and if they are lending that money is because they are expecting for that loan to be repaid and if it is not then they are going to come for you and your possessions.

It is because of this that I have always been against asking for loans unless it was unavoidable and while many people think my attitude was weird the fact that most of those same people are now without jobs and drowning in debt is finally making them understand my point but at least for them it is too late to do anything about it.

[bits4books]

Where does the new money come from? Does the printer do brrr? Well, great, according to this scheme, then maybe there will be just tons of tons of new money, and so what? What is the point of this artificial inflating of the already inflated to the limit of the Fiat bubble? A loan for a loan to pay off another loan to "live normally" is a very strange way out, don't you think?

There is a friend of mine who lives in that kind of world,He was a Businessman in which the capital comes from a Loaning agency,the problem is He don't know how to manage the income properly so what happens?
he needs to go to another loan company to borrow money to pay the first lender,and this happens in the next and the other one.
Now His business is only running from loans and loans and this is a BS life.
never borrow money to pay the loan because
 you only making the situation harder,better talk to the lender that you will have to cut the interest because you will never grow if
things stay that way.
Anyway I never ask for loan because of this pandemic,i rather shorter my budget than look for loans that i cannot assure how to pay.

The question here is not even that everyone around lives in loans, leasing and other types of liabilities - but in the scheme "take a loan to pay the loan." That's scheme what gradually kills us and others, not the fact that credit products exist as such.

[ethereumhunter]

I will let my government decide what it needs to take, as long as that is for their people. I don't want to take a loan because I don't know if I can repay the money or not. We hope that the economy in all countries can back to normal, but unfortunately, we need to wait for more until the vaccine can be found, and we need to survive to pass these situations. These situations won't stay forever because our scientists are still working hard to find the cure, and every scientist in all countries is racing to help people with the vaccine.

[MCobian]

I don't agree that loan money to the IMF is the solution for the government to overcome the economic crisis in the COVID-19 situation like now.
I think borrowing money will only be a problem in the future, especially if the loan money is repaid by borrowing again. This makes the situation
worse, because it will make government trapped in debt and will make financial circulation worse. So economic loans are not the solution to solving
the economic crisis.

[wxa7115]

I don't agree that loan money to the IMF is the solution for the government to overcome the economic crisis in the COVID-19 situation like now.
I think borrowing money will only be a problem in the future, especially if the loan money is repaid by borrowing again. This makes the situation
worse, because it will make government trapped in debt and will make financial circulation worse. So economic loans are not the solution to solving
the economic crisis.

Unfortunately that is where we are headed, many countries are either borrowing money or printing it out of nowhere to pay for the costs of the pandemic and while it could be said they are justified in doing this at some point they will have to pay those costs and as we know for the most part those costs end up being passed to the citizens of the country.

This is why I think the recovery we are seeing in the economy is momentary as most likely things will get worse as it becomes painfully obvious that while the rich are earning a lot of money the rest of the population was left with huge debts, no jobs and the impossibility to fix the situation they are in.

[disconnectme]

If new loans means growth most countries would be better off, just look at most of these developing nations, they are in serious debt but no serious growth because most of these loans was lost to corruption, and countries can't continue to print money out of thin air, look at Zimbabwe for example. The most important thing is a good environment that can help businesses to strive, the forced lock down on people is what actually cause these economic down turn

[naikturun]

In the midst of a crisis like this, taking your own money from the bank is sometimes constrained because some banks do not have money stock anymore, and there have been cases in several countries that I have heard of.
This is increasingly being feared because the buffet warren also says not to put your money elsewhere (invest or otherwise).
because the potential for failure is still large.

[GeorgeJohn]

Actually your are making sense but is not possible for government of a country to give loan  to people in order to relief people from harm covid19 caused, the only thing government can remember is embezzle a country fund's in some others countries, because in my country since existence of Corona viruses no government personality who try to show some atoms of charity in my habitats.

So looking at it seriously you have to know that government don't have interest of their people in mind what they really interested of, is for their own selfish interest, normally load supposed to be given to average individual in a society for empowerment because of damage which covid19 brought these year.