Pandemic will bring more economic progress in long-term...

[Vishnu.Reang]

There is no doubt that the Economy is growing, despite the pandemic. If you look at the stock market indices, then it is clear. But this growth is not uniform across the sectors. For example, tourism and airline sectors are in very bad shape. On the other hand, online retailers such as Amazon have managed to achieve ATH levels, partly due to increased demand that resulted from the pandemic.

It's not the economy that is growing, it's wall street fake valuations that are getting unbelievably high. I see a complete fracture between the real economy and financial one, which keeps using its gimmicks and magic tricks to kick the can as long as possible.
The real crisis is still awaiting us.

I don't think that the stocks are overpriced now. If you look at the P/E ratios for various stocks, it can be seen that they are still at normal levels. Stocks such as Amazon and Apple went up, because their revenue increased as a result of the pandemic. Especially for Amazon, there has been a huge growth in turnover ever since the pandemic started to spread globally.

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[nemey]

With this pandemic, a lot has changed, especially working with the digital aspect. And this applies to almost all fields of work. Many enforce working from home by utilizing digital media. and this turned out to also have a very good impact on the progress of crypto. Where as a result of the pandemic, there are more and more crypto visitors and members.

[Kong Hey Pakboy]

With this pandemic, a lot has changed, especially working with the digital aspect. And this applies to almost all fields of work. Many enforce working from home by utilizing digital media. and this turned out to also have a very good impact on the progress of crypto. Where as a result of the pandemic, there are more and more crypto visitors and members.

I don't really know if the pandemic is the real reason why the number of crypto users is increasing that makes the market positive again. But I guess it is one of the reasons because the usage of digital currencies as a payment method has increased that most people nowadays are always made online purchases; maybe that is why PayPal and other large companies started to accept cryptocurrencies.

[Maxre]

Not only seeing, but I personally feel the synergy and enthusiasm that continues to grow to build the economy again and better in the future, with the experience of the current pandemic we learn a lot of new things that are more organized and efficient.

[Pokapoka124]

In my country, COVID-19 is not even feared anymore, many people even say "does Covid-19 exist?".  Many citizens are no longer wearing masks and government enforcement of health protocols is loosening..

That's a dangerous way to live. The virus is real and you should wear your masks in public places at all times. We all have a role to play in saving the world

[Karartma1]

There is no doubt that the Economy is growing, despite the pandemic. If you look at the stock market indices, then it is clear. But this growth is not uniform across the sectors. For example, tourism and airline sectors are in very bad shape. On the other hand, online retailers such as Amazon have managed to achieve ATH levels, partly due to increased demand that resulted from the pandemic.

It's not the economy that is growing, it's wall street fake valuations that are getting unbelievably high. I see a complete fracture between the real economy and financial one, which keeps using its gimmicks and magic tricks to kick the can as long as possible.
The real crisis is still awaiting us.

I don't think that the stocks are overpriced now. If you look at the P/E ratios for various stocks, it can be seen that they are still at normal levels. Stocks such as Amazon and Apple went up, because their revenue increased as a result of the pandemic. Especially for Amazon, there has been a huge growth in turnover ever since the pandemic started to spread globally.

I'm not talking about single stocks evaluations but if you look at the overall index is too damn high taking into account what has been happening. It just can't be that Amazon and Apple are representative of the whole stock market.

[sapnu]

The pandemic will surely bring great economic progress for some countries specially for those who were able to produce massive amount of trial passed vaccine. For the third world countries who weren't able to handle the covid situation well will be the one who will suffer a lot in the future. They ended up in huge debts so it is understandable why their economy will fall down a lot more harder compared to their current status while the pandemic is still active. Maybe, in general, the world economy may improve a lot after the occurence of this pandemic but some will stay unfortunate for sure.

[dimonstration]

Not only seeing, but I personally feel the synergy and enthusiasm that continues to grow to build the economy again and better in the future, with the experience of the current pandemic we learn a lot of new things that are more organized and efficient.

Actually this Pandemic teaches us a lot in terms of having savings as well how to run business and improve the economic despite of Pandemic. Many experience loss but see its as opportunity to gain more in the future. It's like planting the seeds now and make it grow in the long term as we already learn the importance of being able to recover from loses and goal is to sustain and survive as well grow despite Pandemic still exist.

[Vishnu.Reang]

The pandemic will surely bring great economic progress for some countries specially for those who were able to produce massive amount of trial passed vaccine. For the third world countries who weren't able to handle the covid situation well will be the one who will suffer a lot in the future. They ended up in huge debts so it is understandable why their economy will fall down a lot more harder compared to their current status while the pandemic is still active. Maybe, in general, the world economy may improve a lot after the occurence of this pandemic but some will stay unfortunate for sure.

So far only 4 vaccine have passed the phase III trials - vaccines from Pfizer-BioNTech, Moderna, Gamaleya and Oxford-AstraZeneca. None of these vaccines are priced at astronomical levels, and this means that any potential monetary benefit for the source country is going to be quite limited. However, it can help them in the long term, as the reputation of the medical research facilities in that particular nation improves.

[Fredomago]

The pandemic will surely bring great economic progress for some countries specially for those who were able to produce massive amount of trial passed vaccine.

Sure money for real. Those who will produced the vaccines first and have much higher percentage of approval will difinitely gained from this situation.

For the third world countries who weren't able to handle the covid situation well will be the one who will suffer a lot in the future.

Will continue to fall as collapse may take place if the government won't be able to handle things properly.

They ended up in huge debts so it is understandable why their economy will fall down a lot more harder compared to their current status while the pandemic is still active.

That's how thing will turned to, as having difficulty to control the economy, they will ended up asking for more loans.

Maybe, in general, the world economy may improve a lot after the occurence of this pandemic but some will stay unfortunate for sure.

maybe yes or maybe no. There's no clear answer, only time can dictate the fate of the world in whole after this pandemic.

[South Park]

I don't know if you have read about AI and robotics. Maybe this article will help you https://time.com/5876604/machines-jobs-coronavirus/ . the pandemic has open way for exploration of other means through which work can be done with little or no human especially in some areas that can afford to lose workers due to amount spend out of the workplace. Giant companies are now exploring the possibility of robots to replace human work force in order to reduce downtime. The disadvantage of this is that unemployment will increase why to this company the robot can do much work with more precision than human. It is hard to believe that we will all have to compete with robot  

Well humans have been competing against machines for thousands of years, it is just that the machines we can build in this era are coming straight out from sci-fi books, as you say while there is going to be innovation this is also going to affect many industries, for example where I work I was always pushing for our company to allow us to work from home since for the most part our job could be done online, they accepted two years ago, so when the pandemic hit us most of the personal was already working remotely so our activities were not affected, but now that they understand the value of remote working they have no reason to have such a big office so they are reducing it and I am sure many companies are going to do that as well affecting the value of real estate in the process.

[Wawa2013]

The pandemic has had a very bad effect on the economy, many small businesses have been forced to close their businesses.
In fact, the purchasing power of the community has decreased, this is due to the higher number of unemployed people.
To make the economy run normally again, there is really no other choice waiting for the corona vaccine to be distributed.
As long as the spread of the corona virus still occurs, don't expect the economy to revive, so solve problems related to
the corona virus. Then the economy will rise by itself.

[arallmuus]

maybe yes or maybe no. There's no clear answer, only time can dictate the fate of the world in whole after this pandemic.

It is obviously yes. What the concern on this would be how long would it take for the economic progress to get back to where it was. Most of the developed and developing countries would sustain and economic progress would get back to normal as soon as the pandemic is over on their country but most of the 3rd world country will probably take atleast few years just to get back to where it was

[xSkylarx]

Have you seen any changes in your working environment like these?

Here in our country, most office-based works now are WFH (work from home). They can lessen a lot in terms of travel and other spendings. They don't have also to go on long hours of traffic just to go to work.
While small business here now accepts a cashless way of payment so it's a lot more convenient when you buy on that store. I hope those things will be permanent or considered to benefit a lot of people even if pandemic is gone.

[nomenclatur]

not everything is still running as usual but many have been forced to stop because COVID-19 has really made large and small companies into financial difficulties and were forced to fire their employees this greatly affected the work and development of the company, not a few companies went bankrupt due to difficulties. them to send goods abroad and it is even more difficult because it is limited and it quite affects the whole company.

[Dragonfund]

It eas during the pandemic lock down I knew how important webinars and online video conference are so important, I am from developing countries, so zoom was something interesting because I could easily learn what ever I want as a group discussion through video conference.
There was also an immense increase of POS ( regularly called point of sales) where anyone can used debit card to make withdrawals right from homes since assessing ATM were difficult because of the lock down, many used the opportunity to gather money from transaction fee they accrued from this sales.
Famers also enjoy this period, there was increased in price of food especially vegetables were so scarce that onions became a rich man investment.
So many opportunities in this lock down and many suffered as well. 

[X-ray]

Not only seeing, but I personally feel the synergy and enthusiasm that continues to grow to build the economy again and better in the future, with the experience of the current pandemic we learn a lot of new things that are more organized and efficient.

All of the activities can be running on the online system. Some companies are preffering to do WFH. The economic is starting to be more focused in the development of the digitalization that can't be affected by the pandemic.
We should have learned so many lessons from the current situation. People should realize if they can do that from home and why not?
The pandemic has been pushing people to to do any activities digitally.

[Wulan_maniez]

The pandemic and COVID-19 era could give a rapid productivity growth after the vaccination of the global population is going to end or reach a significant percentage.

Vaccines will indeed circulate if according to the latest news lately. But it's not certain yet, we can only wait for him. If it is realized, perhaps the economy will gradually recover, but it cannot be as it was, it requires the process to return to normal as usual.

My company made a huge investment in adopting systems such as remote meeting places, cloud systems that help organizing documents and a way of eliminating paperwork... I believe that this is going to increase the productivity of the employees especially if those go back to work.

Have you seen any changes in your working environment like these?

Long-distance meetings in the company is now a good alternative to social distancing implemented by the government in order to avoid the invection of coronavirus. Besides that employees can keep working and make money. It's better than having to fire them out of a job.

[Fredomago]

Not only seeing, but I personally feel the synergy and enthusiasm that continues to grow to build the economy again and better in the future, with the experience of the current pandemic we learn a lot of new things that are more organized and efficient.

All of the activities can be running on the online system. Some companies are preffering to do WFH. The economic is starting to be more focused in the development of the digitalization that can't be affected by the pandemic.
We should have learned so many lessons from the current situation. People should realize if they can do that from home and why not?
The pandemic has been pushing people to to do any activities digitally.

Most of the companies are really moving forward, instead of trying to keep the old system they are adopting the technology and work it out to continue everything, this pandemic really test everyone as surviving to situations is really tough but possible.

As long as you are willing to work things out and you are free in accepting any adjustments there's always room for surviving in.

pandemic will bring people to become productive, I saw the good impact that my country having peace through the internet where man has been thrilled therefore, Covid-19 is also have a good effects to anyone .

There are good implication even in the darkess stage of life, we just need to find things and treat it in the good ways and try to compensate from the situation.

[Sithara007]

Most of the companies are really moving forward, instead of trying to keep the old system they are adopting the technology and work it out to continue everything, this pandemic really test everyone as surviving to situations is really tough but possible.

As long as you are willing to work things out and you are free in accepting any adjustments there's always room for surviving in.

Not just the companies, but also the individuals need to adjust their lives in order to make themselves more suitable for the transformed job market. If you are able to do that, then you will not just survive, but also thrive. From what I have seen, most of the pandemic-era job losses have occurred among those who have very narrow skill-set, which is suitable only for a certain sector.