Is corona virus crisis changing economical equations around the world?

[Sapphire915]

It absolutely did. We never saw a major economic failure in the whole world with our entire life and its really unbelievable to realized that it actually happened. However, the Governments in each countries around the world have their own different strategies in dealing out this crisis. And we are fully aware that each countries resources and power are not the same. What I mean is that, the most developed and rich countries are probably those who will rise up easily from the fall. Well, its great to know that all countries are slowly opening up their economy now and its just the start of getting back into place. I believe that somehow soon we can overcome and surpassed everything with God's grace.

[davinchi]

Looking at the big world powers testing the vaccines first, being able to afford it most, and basically have the economy to close shop and wait for it to pass most.

I would have to say that nothing would make a world power go down as much as you think it would. Sure Europe will get vaccine from UK a lot later, probably politics related stuff but it is still Europe getting it and not central Africa, you think they do not have any corona virus cases? They probably do not have a way of testing it while others are already moving to vaccination period. So long story short world powers will never give up their seats and they are willing to use politics to hurt other nations and let their people die just to prove to their people that they are the strongest in the world.

[doomistake]

I think this pandemic made a huge difference and indeed changed the economic equations globally. The crisis severely affected many countries especially those who are at recognized as 3rd world countries. A lot of unpleasant events took place because of the virus.

Many people have lost their jobs and a lot of companies, businesses, and establishments were forced to close down because of the negative impact of pandemic. This has been one of the main reasons why the economic condition and state changed all over the world. The lockdowns and continuous rise of covid cases added fuel to the fire. Making it hard for each countries to pull off without opening and resuming the operations for the economy.

In addition, pandemic changed the economic equation because of the safety precautions and protocols given by the authorities. All of us are forced to adapt to the new normal, changing our routines and usual ways of living. Adjustments were made especially to the industries who are making profit and paying taxes to the government.

[Swopon]

Is it worth saying
Outbreaks materialize to be exacerbated during the 100 years. I can't say for sure about all of them, but as far as I acknowledge in this corona, all the developed and underdeveloped countries have suffered a huge blow. So far no one was able to send in the perfect solution, which is not strange. Lockdowns, visa closures, social distances, etc. have all become economically weak and this is affecting the world economy. So it is so conventional that coronavirus is changing economical equations.

[rat03gopoh]

The covid pandemic is like resetting the economic order around the world, where the government has the opportunity to implement a new economic system that was difficult to implement before the pandemic. This will prove to the future whether the new solutions are really successful in overcoming the crisis problem.

[TheGreatPython]

I would say economy probably manages to stay at where it is strong and that causes things to get better quicker in those nations, however very small nations do not get affected by it like the bigger ones neither. Like if you are a nation that is in horrible conditions, let's say Venezuela for example, how much can corona hurt you to begin with?

You are already doing horrible anyway so there is really not that much way corona can hurt you. But when you are Germany for example, it could hurt you in many ways, even though you could recover better than most nations, you would still be doing a lot worse from the great spot you were. Hence, I think it doesn't change any power situation, but it does affect the very rich nations a lot worse and a lot quicker as well.

[onooks]

Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

Economical: Disaster.
Political: Will give rise to populist parties.

[Ladyvirgo]

     The crisis of the corona virus that has spread  around the world is changing the equation of the economy.Everyone has chosen alternative methods to overcome the crisis that has spread  around the world.In spite of all this whenever a negative outlook is broken the economy and the people have lost hope of recovering from the crisis that pervaded the world which is a massive change in society.And that is how people turn to civilization to stand up and face this crisis.Many big and private organizations of the country are approaching this time of crisis.Political parties are united in figthing this crisis.

[iv4n]

Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

Economical: Disaster.
Political: Will give rise to populist parties.

I can't imagine a better future for all of us with any political party on charge! It's simply impossible in my opinion, actually they are the ones that holding the progress! Of course, that part is not so simple, except holding the progress they are exploiting humans and nature to the limits, and that is the worst part!
Economy based on debt and constant growth so you can pay interest in a world with limited resources will lead to destruction! Politicians that keep the system alive! It's like we are on the road to hell! As I said many times we need radical changes!

Are there enough resources on this planet for everyone? Can we work on distribution and improving quality of life for all without harming the nature? Is there a better system than we have now? There're many good questions, and there're many smart answers... but we are still prisoners of the current system (governments, banks...), and looks like nobody cares (look what happens around the world)!

It's one of the reasons why I believe in crypto! Internet and crypto can/will connect on global level! It's the tool that will help in changing the world!

For the end: “Earth provides enough to satisfy every man's needs, but not every man's greed.”- Ghandi

[cryptoknightt]

Of course this makes changes in economic statistics in a country and each country has a different way of dealing with it, of course developed countries and their economies that were originally very good and stable will be easier to update.
but still they need time to do that, because everything is not easy and has an impact on the global not only 1 or 2 countries.

[Vishnu.Reang]

Economical: Disaster.
Political: Will give rise to populist parties.

I agree with the first part, to an extent. But let's not forget the fact that in most of the affected nations, the economy is recovering despite the increasing number of new cases and deaths from the pandemic. And secondly, a number of populist politicians and parties have lost as a result of the pandemic. The best example is that of Donald Trump. He could have easily won the POTUS 2020 elections, if the pandemic was not there.

[stadus]

Economical: Disaster.
Political: Will give rise to populist parties.

I agree with the first part, to an extent. But let's not forget the fact that in most of the affected nations, the economy is recovering despite the increasing number of new cases and deaths from the pandemic. And secondly, a number of populist politicians and parties have lost as a result of the pandemic. The best example is that of Donald Trump. He could have easily won the POTUS 2020 elections, if the pandemic was not there.

I don't think so, people are not dumb, they are not only looking at one situation, Trump had serve one team in his country, so people are already seeing his decisions and actions over that period and they are not satisfied that's why he lose, just to be clear, majority are not satisfied that's why majority voted for Biden.

[Pokapoka124]

Yes, the pandemic affected our way of life in general. We have had to adapt and make changes in our schools and offices. Some people lost their jobs and had to make do with the little they had. The pandemic also affected the way people voted in the elections. So yes this crisis has changed a lot.

[bayu7adi]

Yes, the pandemic affected our way of life in general. We have had to adapt and make changes in our schools and offices. Some people lost their jobs and had to make do with the little they had. The pandemic also affected the way people voted in the elections. So yes this crisis has changed a lot.

Although there are many new habits, such as wearing a mask, wearing a handsanitizer, washing hands and keeping your distance, I think the current economic situation is slowly getting better. Many companies are starting to open job vacancies and also a lot of people who are getting used to the new normal that applies.

Although I am one of the people who lost my job during this viral pandemic, I am one of those people who are not overly careful about this virus. I always look at covid update data to determine how I do activities to make it safer.

[Vishnu.Reang]

Economical: Disaster.
Political: Will give rise to populist parties.

I agree with the first part, to an extent. But let's not forget the fact that in most of the affected nations, the economy is recovering despite the increasing number of new cases and deaths from the pandemic. And secondly, a number of populist politicians and parties have lost as a result of the pandemic. The best example is that of Donald Trump. He could have easily won the POTUS 2020 elections, if the pandemic was not there.

I don't think so, people are not dumb, they are not only looking at one situation, Trump had serve one team in his country, so people are already seeing his decisions and actions over that period and they are not satisfied that's why he lose, just to be clear, majority are not satisfied that's why majority voted for Biden.

Well.. Trump was leading in the opinion polls, which were conducted before March 2020. Most of the gambling sites had Trump with much better odds, when compared to Joe Biden. But then the COVID 19 pandemic struck the United States and his ratings spiraled downwards. And during the exit polls which were conducted after the elections, a lot of people claimed that if not for his poor handling of the pandemic, they would have actually voted for Trump.

[stadus]

Economical: Disaster.
Political: Will give rise to populist parties.

I agree with the first part, to an extent. But let's not forget the fact that in most of the affected nations, the economy is recovering despite the increasing number of new cases and deaths from the pandemic. And secondly, a number of populist politicians and parties have lost as a result of the pandemic. The best example is that of Donald Trump. He could have easily won the POTUS 2020 elections, if the pandemic was not there.

I don't think so, people are not dumb, they are not only looking at one situation, Trump had serve one team in his country, so people are already seeing his decisions and actions over that period and they are not satisfied that's why he lose, just to be clear, majority are not satisfied that's why majority voted for Biden.

Well.. Trump was leading in the opinion polls, which were conducted before March 2020. Most of the gambling sites had Trump with much better odds, when compared to Joe Biden. But then the COVID 19 pandemic struck the United States and his ratings spiraled downwards. And during the exit polls which were conducted after the elections, a lot of people claimed that if not for his poor handling of the pandemic, they would have actually voted for Trump.

Well, I believe that his poor handling on the covid-19 pandemic is also one of the reason, buy based on survey alone, it does not automatically say who will win in the election. Last election Trump is not topping the survey, but he still pull a win.

[gabbie2010]

Economical: Disaster.
Political: Will give rise to populist parties.

I agree with the first part, to an extent. But let's not forget the fact that in most of the affected nations, the economy is recovering despite the increasing number of new cases and deaths from the pandemic. And secondly, a number of populist politicians and parties have lost as a result of the pandemic. The best example is that of Donald Trump. He could have easily won the POTUS 2020 elections, if the pandemic was not there.

I don't think so, people are not dumb, they are not only looking at one situation, Trump had serve one team in his country, so people are already seeing his decisions and actions over that period and they are not satisfied that's why he lose, just to be clear, majority are not satisfied that's why majority voted for Biden.

Well.. Trump was leading in the opinion polls, which were conducted before March 2020. Most of the gambling sites had Trump with much better odds, when compared to Joe Biden. But then the COVID 19 pandemic struck the United States and his ratings spiraled downwards. And during the exit polls which were conducted after the elections, a lot of people claimed that if not for his poor handling of the pandemic, they would have actually voted for Trump.

Well, I believe that his poor handling on the covid-19 pandemic is also one of the reason, buy based on survey alone, it does not automatically say who will win in the election. Last election Trump is not topping the survey, but he still pull a win.

It's not only US election that Covid-19 would impact politically and economically I foresee many countries losing their leaders in subsequent elections due to the poor handling of the pandemic, some citizens of some countries want freedom from lockdowns imposed by their government which didn't go down well e.g Germany this might lead to their chancellor losing her election, meanwhile in many countries especially third world leaders had used the pandemic to enrich themselves with loans obtained from the world Bank meant to tackle and cushion the effect of the pandemic on the already battered economies of their countries this will to many of them losing election too.

[AjithBtc]

Corona virus spread has made a big change around the globe. This is not only limited with the human behaviour, it also influenced the economic scenario massively. More countries experienced negative economy. By the time people have learned more about humanity. Now wholeheartedly people have begun to support the people in need.

[ardentvolcanoes]

Corona virus spread has made a big change around the globe. This is not only limited with the human behaviour, it also influenced the economic scenario massively. More countries experienced negative economy. By the time people have learned more about humanity. Now wholeheartedly people have begun to support the people in need.

Compassions for those who really in need. It's sad that this pandemic really affects the economy of each countries around the globe, there are

many families who suffered from this virus, not only physical but more on mental health. Economy is really bad but the good catch in order to

survive people learned how to adjust and find ways to continue life.

[South Park]

Well.. Trump was leading in the opinion polls, which were conducted before March 2020. Most of the gambling sites had Trump with much better odds, when compared to Joe Biden. But then the COVID 19 pandemic struck the United States and his ratings spiraled downwards. And during the exit polls which were conducted after the elections, a lot of people claimed that if not for his poor handling of the pandemic, they would have actually voted for Trump.

Unfortunately for Trump he was unable to read people correctly this time, economic considerations took a backseat and the biggest concern for the US citizens became the pandemic, as such a great deal of people disagreed with the handling of the pandemic by the US government, this without a doubt played a big factor in determining who will win, and since we are talking about the most powerful country of the world this will change history as well, I just hope it is for the better.