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Author Topic: Second lockdown in Europe can their economy survive this?.  (Read 939 times)
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November 02, 2020, 11:22:25 AM
 #41

Lock downs has really affect the economy, now they are doing a 2nd lock down and this should make their economy fall, no doubt about that.
I just hope that their government has enough funds to support the people who are affected with the lock down. IMO, lockdown is necessary but not in long term, they just have to ensure that protocol are strictly implement to prevent people from scattering this deadly virus.

As they say, safety matters, but how about people dying because they can't feed their family due to being jobless, that's another thing to solve and worst nightmare than covid-19.

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November 02, 2020, 11:58:52 AM
 #42

snip..
actually enforcing "LOCKDOWN" will only make citizens (workers and small entrepreneurs) suffer even more.  Just imagine for 14 days they can't work and do free activities, if they have enough savings then it doesn't matter but what about those who don't have savings? So sure they will go into debt and even sell their valuables things.  for me "LOCKDOWN" is no longer effective, better monitor the residents and enforce health protocols (wear a mask and bring a hand sanitizer) strictly..

In this case they might gonna go on that scenario if the citizen didn't have any money left due to series of lockdown happen but this is done for betterment of all so best to follow since if everything will be in good shape after the 14 day lockdown for sure they can go back on streets and work or do their business. Life is so hard this year since we don't know on what future brings and hopefully the vaccine will came out as this year or maybe in first quarter next year.

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November 02, 2020, 12:09:44 PM
Last edit: November 02, 2020, 12:49:32 PM by Kong Hey Pakboy
 #43

I think countries in Europe can definitely survive from the economic downfall; even they have declared a second lockdown because they might already plan on how will save their economy from the further collapse and how they will help their citizen with their daily needs preventing the virus from spreading.

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November 02, 2020, 12:44:04 PM
 #44

Well I'm pretty sure they have good reason for the second lockdown however their economy might also suffer hard but its Europe I believe their government has good plans to recover their economic loss in short term. Lockdowns could really economically but some governments don't have any option, its just a matter of priority.

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November 02, 2020, 01:05:44 PM
 #45

The second lockdown policy may be expected to reduce Covid-19 infected cases but this will exacerbate the country's economic burden.  The country that announced the second lockdown must have prepared enormous foreign reserves to bear the impact of fulfill the needs of all societies.  On the society side, this will cause general anxiety for those of productive age.  Those who were supposed to work were forced to take time off and the businesses they worked for were forced to close.  How can the business survive?  and this will increase the number of unemployed if it continues for a long time.  I think this policy is less effective in handling Covid because the negative impacts are greater than the benefits.
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November 02, 2020, 01:22:50 PM
 #46

Yes, it can.

I don't agree with lockdowns but the world has survived many epidemics. There weren't lockdowns back then but in many cases the economy practically came to a standstill.

The black death killed around 50% of the population of Europe (it is considered 30/60% depending on the author). It was devastating for the economy but the world didn't end. The same as for the Spanish flu. It killed about 10% of world population and that was on top of WWI. Do you know what happened afterwards? The roaring twenties.

The lower the low the higher the high. The problem is, during the lows many people suffer.

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November 02, 2020, 02:16:32 PM
 #47

I think we should accept and know how to live with COVID-19, and without these lockdowns, I mean the fatality rate of this new virus are very low compared to those virus that humans encountered based on history. The virus has been in existing for about a year now, I think we can conclude that the fatality is very low, and we move forward by reopening the global economy with strict health protocols of course. And we as people should respect each other by wearing face mask/shield. I think the major concern
if countries won't be imposing lockdowns is that the current healthcare systems will get overwhelm if there would be a spike in new positive cases. Then I think there should be another solutions to this like asymptomatic person shall only be isolated from his home if live alone, or including those with mild symptons.
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November 02, 2020, 02:28:37 PM
 #48

It is said in the article that schools are open, does it mean they are open for a physical class or just online classes? Is not risky for the students to go outside? Correct me if I'm wrong.

It's indeed hard to cope up with this since it's almost a year since this virus started to spread and they are still implementing another round of lockdown. I think most countries are now starting to recover even with the pandemic because they are now reopening businesses but with France and Germany's case, it' might be hard for them to recover. But I hope that during this another lockdown, they can stabilize the cases so there won't be another lockdown.
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November 02, 2020, 02:52:15 PM
 #49

It is said in the article that schools are open, does it mean they are open for a physical class or just online classes? Is not risky for the students to go outside? Correct me if I'm wrong.


We have schools open for 1-4 year classes. All other older school kids and those who study in university, study online. Kinder gardens are open for kids all the time (both private and city). Same rules were during first lockdown.

Dont know what is worse, having 25-30 kids in one room with less than 2m distance, or set online classes and let these kids gather outside schools in groups or public places.

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November 02, 2020, 03:39:43 PM
 #50

I don't think this second round will be like the first, because people now have the knowledge of preventing themselves from the virus also with the development of a possible vaccine. This will just be for a small time not too long.

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November 02, 2020, 03:54:21 PM
 #51

Furthermore it’s pertinent to note that this lockdown has come during the holiday season, and if it continues to stay in place then Europe’s economy could be severely impacted, and therefore in my personal opinion it could take year’s before European economy completely recovers.

First, this is not the holiday season, the holiday season in Europe from the point of view of tourism income is the summer period, this has ended and even in normal times, we wouldn't see anything close to that till Christmas. Here in Europe, we don't give much x about Halowwn or Thanks Giving like the US.

Second, there is significative difference between the previous lockdowns, they are first not as severe as the first ones, as expecting restaurants and pubs most of the things are still opened, factories are having right now methods to keep them running with enough healthcare measures which were lacking totally before and more important than this the deaths are not that serious compared to the number of infections. Europe was caught totally unprepared by the first wave, everyone was like a headless chicken running around, at this point, there is no more panic like it was. Have you seen again battles for toilet papers in chain stores? Nope.

The tragic part is that yes, there will be deaths, there will be again an economic slowdown but people knew it, unless a vaccine was found and produced in months we all knew this could happen again, but it will not be as devastating as the first wave.

What is the worst-case scenarios that come in your mind when you read this news?.

The worst-case scenario for me at this point is not about lockdowns or business, the worst-case scenario is a mutation of the virus that would make it impossible for a complete vaccine and we're going to have to gamble as we do with the Influenza Vaccine every year.


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November 02, 2020, 04:39:59 PM
 #52

You know it'll gonna be hard if a 2nd lockdown happened. All of them will start from the bottom again and many businesses will close.

I don't think this second round will be like the first, because people now have the knowledge of preventing themselves from the virus also with the development of a possible vaccine. This will just be for a small time not too long.
Even if they already knew the protocols, there are still many affected during lockdowns. Number one affected during lockdowns are businesses, you will not die in COVID-19 but in hunger.

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November 02, 2020, 04:48:10 PM
 #53

I think we should accept and know how to live with COVID-19, and without these lockdowns, I mean the fatality rate of this new virus are very low compared to those virus that humans encountered based on history. The virus has been in existing for about a year now, I think we can conclude that the fatality is very low, and we move forward by reopening the global economy with strict health protocols of course. And we as people should respect each other by wearing face mask/shield. I think the major concern
if countries won't be imposing lockdowns is that the current healthcare systems will get overwhelm if there would be a spike in new positive cases. Then I think there should be another solutions to this like asymptomatic person shall only be isolated from his home if live alone, or including those with mild symptons.
It's just a matter of being immune in the virus, that's why we need to be healthier than ever so the virus will not easily spread. We need to be responsible enough in maintaining our hygiene so if we're asymptomatic there is no chance that we will spread the virus. Europe 2nd lockdown is planned and was study, but the real solution will only peoplel staying at home or being too responsible not just for ourselves but also for others.
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November 02, 2020, 04:59:41 PM
 #54

You know it'll gonna be hard if a 2nd lockdown happened. All of them will start from the bottom again and many businesses will close.

~SNIP


Even if they already knew the protocols, there are still many affected during lockdowns. Number one affected during lockdowns are businesses, you will not die in COVID-19 but in hunger.

Dying of hunger during the second lockdown is quite far-fetched for the very reason of, the second lockdown will not have the same surprise factor as the first one. Meaning, they already have the knowledge and time to have the necessary actions and preparedness for the actions they would take.

I don't know why they are destroying their economies with these stupid lockdowns. Now it is up to the people to take the necessary precautions, such as wearing masks and maintaining social distancing. Strict measures from the government, such as new lockdowns will not reduce the number of new cases, and at the same time it will cripple the already damaged economy.

The very principle behind the lockdown is to implement strict protocols and guidelines within the affected the area. By doing so, they can monitor and control the cases in that specific area within the period of time. Ergo, your statement "new lockdowns will not reduce the number of new cases", is false and will unlike not to be the scenario in Europe. In addition, Unlike the first lockdown, I think, they already calculated the downfall in their economy, and have sufficient plan to raise it back to normal.

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November 02, 2020, 06:38:38 PM
 #55

It's just a matter of being immune in the virus, that's why we need to be healthier than ever so the virus will not easily spread. We need to be responsible enough in maintaining our hygiene so if we're asymptomatic there is no chance that we will spread the virus. Europe 2nd lockdown is planned and was study, but the real solution will only peoplel staying at home or being too responsible not just for ourselves but also for others.
Lockdown will never be good from an economic point of view in my opinion. There are a lot of people who have lost their income during the lockdown and that will be a problem especially for those in the lower economy class.
A lot of businesses will be stalled because of the lockdown and I think this will have quite a big impact on the economy as it did during the first lockdown. But I hope the government can do what's best for everyone and they have to think about how the economy will live if the lockdown is put in place while continuing to reduce the incidence of infection. This is a tough task in my opinion.
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November 02, 2020, 08:41:37 PM
 #56

Seeing that Europe's economy is still much better than Southeast Asia and Africa, of course I am optimistic that their economy
will survive in the second lockdown. Moreover, the second lockdown is not as heavy as when facing the first lockdown, because
it has begun to adapt to the effects of the corona virus. And also the planning to face the second lockdown by European countries is
definitely more mature. I believe Europe is better prepared to face a second lockdown, which is certain that any lockdown will have
a negative impact on the economy. But if done in the right way and with good preparation it will accelerate economic recovery.

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November 02, 2020, 10:54:04 PM
 #57

I think we should accept and know how to live with COVID-19, and without these lockdowns, I mean the fatality rate of this new virus are very low compared to those virus that humans encountered based on history. The virus has been in existing for about a year now, I think we can conclude that the fatality is very low, and we move forward by reopening the global economy with strict health protocols of course. And we as people should respect each other by wearing face mask/shield. I think the major concern
if countries won't be imposing lockdowns is that the current healthcare systems will get overwhelm if there would be a spike in new positive cases. Then I think there should be another solutions to this like asymptomatic person shall only be isolated from his home if live alone, or including those with mild symptons.
The relatively low fatality rate of this virus is offset by a higher infection rate, and then the law of large numbers comes into force. But I hope no one will deny that the fatality rate of this new coronavirus is higher than that of ordinary flu. Let's hope that the new coronavirus will pose a much less danger in a few years, but for now we all need to come to terms with the unpopular decisions of the governments of the states to combat the epidemic.
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November 02, 2020, 10:59:04 PM
 #58

It's just a matter of being immune in the virus, that's why we need to be healthier than ever so the virus will not easily spread. We need to be responsible enough in maintaining our hygiene so if we're asymptomatic there is no chance that we will spread the virus. Europe 2nd lockdown is planned and was study, but the real solution will only peoplel staying at home or being too responsible not just for ourselves but also for others.
Lockdown will never be good from an economic point of view in my opinion. There are a lot of people who have lost their income during the lockdown and that will be a problem especially for those in the lower economy class.
A lot of businesses will be stalled because of the lockdown and I think this will have quite a big impact on the economy as it did during the first lockdown. But I hope the government can do what's best for everyone and they have to think about how the economy will live if the lockdown is put in place while continuing to reduce the incidence of infection. This is a tough task in my opinion.
Before imposing any lockdown decision then its surely that they had already think up on what are the probabilities or chances of things that might happen ahead.
They cant just make out decisions directly without minding on what would be the impact.

Lockdown can definitely affect the economy and this had been the second time around in Europe.I can say that they can somehow withstand it knowing that this isn't a
poor country when it comes to living standards.They can still able to sustain for some lockdown unlike on people living on developing or 3rd world countries
which its just really as hard if they wont have jobs to rely on.

R


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Soldierswitlittlefaith
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November 02, 2020, 11:27:51 PM
 #59

I’m sure by now all must have heard that Germany and France have imposed second lockdown, and this news shall crush small business owners morale, and even effect those people who rely on jobs cause it’s quiet possible that they may never be employed again.

Furthermore it’s pertinent to note that this lockdown has come during the holiday season, and if it continues to stay in place then Europe’s economy could be severely impacted, and therefore in my personal opinion it could take year’s before European economy completely recovers.

What is the worst case scenarios that come in your mind when you read this news?.

Source:

https://www.cnbc.com/2020/10/29/covid-lockdowns-in-france-and-germany-will-hit-europes-economy-again.html


"I’m sure by now all must have heard that Germany and France have imposed second lockdown, and this news shall crush small business owners morale, and even effect those people who rely on jobs cause it’s quiet possible that they may never be employed again.---"

Perserve my ASS just like one member had suggested.

This is just the begining of pain in the ass. i taught most media & blinded folks criticized TRUMP for not taking immediate action (which includes the association of national lock-down agreement)

As a walk through the street of rome (roma termini,vatican wall,pzza venezia.. ) i see nothing but the following symbols

( AFFITARSI o VENDERSI) meaning stores for sale or rent. These are previous store owners who are force to quit their biz

Keep believing the lock-down Perservering principles; while some folks play with your emotion & life in the name pandemic.

Is clear to us now that starvation kills faster than political virus!

Lets keep defending the lies! 


Note : Expect major lock-down to february/march 2021 if, they succeed in kickingTRUMP out from the whitehouse. Obama is one of the cheapest liar and BIDEN is the sleeping Uncle who wants to lead AMERICA into the promise land in a crucial time like this. Unfortunately, we can't see any promise on his face.

*It seems that the IMMUNE tracking app - created by Google in conjunction with Apple is completely useless!

Thanks
Soldierwitlittlefaith
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November 02, 2020, 11:45:03 PM
 #60

Furthermore it’s pertinent to note that this lockdown has come during the holiday season, and if it continues to stay in place then Europe’s economy could be severely impacted, and therefore in my personal opinion it could take year’s before European economy completely recovers.
What is the worst case scenarios that come in your mind when you read this news?.
Can't disagree, it will take several years for european countries to get rid of lockdown's aftermath, but thats their choice.
Look at USA, they've proceeded to open everything when it clearly was not completely safe to do so - and they did it to boost economy, because they thought or maybe still think its worth it.
European countries, on the other hand, still value people's lives over economy.
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