Covid-19, Lockdown and repercussions

[Vishnu.Reang]

~
I do not dissuade anyone from vaccinations, but I know how statistics are drawn in my country.
Most people in Russia die not because of epidemics, but because of poverty. They have no money for treatment.

I have friends from Russia, and they have told me about this. It is really sad. People dying because of poverty, despite the fact that Russia is the largest producer of crude oil and natural gas in the world. And it's not just the oil and gas. Until the disintegration of the USSR, they were the world leaders in space and medical technology. The universities and medical schools were among the best in the world. Here in India, a lot of people have fond memories of the USSR. Some of our best doctors and engineers were educated in the Soviet universities.

During 2009-14, the crude oil price was above $100 per barrel and Russia was producing anywhere from 10 million to 11 million barrels per day. That is $1 billion worth of crude oil per day!!! Works out to $365 billion per year. Where did all these money went? On top of that Gazprom exports around 200 billion cubic meters of natural gas every year to Europe, and during 2009-14, the prices averaged $400 per thousand cubic meter. On top of that, they were the top producers of several other commodities including coal, steel, nickel, aluminum, gold.etc.

Even if we take the average revenue per year at $500 billion, it works out to around $12,500 per family per year. The average salary here in India is around 8% of that amount.

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[Ultegra134]

Any vaccine is dangerous to do if a person has chronic diseases. Most people in Russia over 55 have chronic diseases, so no one can predict side effects.
Before the vaccination, you sign a special agreement, and if something happens to you after the vaccination, then the medical institution that gave you the vaccine will not be responsible for this.
As far as I know, children are not given the vaccine. Friends were sick with coronavirus, and their children had symptoms of mild colds.
Maybe it's good that there is no vaccine in your country, because it has not yet been tested.

But something needs to be done against COVID 19, right? From your own data (that you posted previously), there have been close to 400,000 excess deaths in the past 5-6 months. This is a huge number, especially for a country such as Russia where the population decline was underway even before the pandemic started spreading. Apart from vaccination, what are the other options?

The Sputnik V clinical trial data is published in Lancet, which happens to be one of the most reputed medical journals out there. It shows that the vaccine has a 92% efficacy against the virus. That means if the people were vaccinated from the start, then more than 360,000 deaths could have been prevented just in Russia. So as long as we don't have reports of large number of people dying as a result of vaccination, I am not going to argue against it.

I couldn't agree more, no kind of medicine can stop or ease the transition, only alleviate symptoms and/or decrease mortality. Our only key here is vaccination. Sputnik's clinical trial data are encouraging, and so are of the other vaccines of Pfizer and AstraZeneca. We should also expect more vaccines to be released by Johnson & Johnson, Sinovac and others. Thus, it is extremely likely that it will solve issues with the high demand we're experiencing currently.

[salty]

~
I do not dissuade anyone from vaccinations, but I know how statistics are drawn in my country.
Most people in Russia die not because of epidemics, but because of poverty. They have no money for treatment.

I have friends from Russia, and they have told me about this. It is really sad. People dying because of poverty, despite the fact that Russia is the largest producer of crude oil and natural gas in the world. And it's not just the oil and gas. Until the disintegration of the USSR, they were the world leaders in space and medical technology. The universities and medical schools were among the best in the world. Here in India, a lot of people have fond memories of the USSR. Some of our best doctors and engineers were educated in the Soviet universities.

During 2009-14, the crude oil price was above $100 per barrel and Russia was producing anywhere from 10 million to 11 million barrels per day. That is $1 billion worth of crude oil per day!!! Works out to $365 billion per year. Where did all these money went? On top of that Gazprom exports around 200 billion cubic meters of natural gas every year to Europe, and during 2009-14, the prices averaged $400 per thousand cubic meter. On top of that, they were the top producers of several other commodities including coal, steel, nickel, aluminum, gold.etc.

Even if we take the average revenue per year at $500 billion, it works out to around $12,500 per family per year. The average salary here in India is around 8% of that amount.

I don't understand why you should only count the profit from oil. Why does no one think about the costs that Russia incurs? The best programmers and the best people live in Russia and I am proud of it. In India, in your opinion, the average monthly income is about $ 1000? I think this figure is too high.

[Cling18]

I am sorry for the situation you are facing due to the protection measures for Covid19. Do not feel distressed think that soon you will leave the confinement. Look for God in the Bible, he will give you peace and tranquility and you will be filled with joy.

I will share my first impression when the lockdown started in my country (Venezuela). I felt a lot of terror, I felt that the world would soon end and that I had an enormous responsibility to take care of my family, although I am a person who frequently suffers from allergies I could not send my mother to buy groceries, I should do it at all risk and with God from my hand and I did so until now.

Fortunately, I have not been infected, but my immune system has suffered but daily, I look for a way to strengthen it. Only faith in God that everything will end is what makes me strong, and I do not look at my confinement with concern because I know that I am a person vulnerable to the virus.

In our country, we had been quarantined since March last year. We have been locked down for a couple of months, but right now, we're able to adjust and deal with the changes. Wearing a mask and face shield seems normal to us. Social distancing and curfews are part of our daily lives. We're not bothered about the number of Covid cases anymore. During this pandemic, we have no choice but to continue living. We should survive and be optimistic in life. The economic situation might crash, but we have to look for opportunities to sustain life and continue living.

[Smartprofit]

~
I do not dissuade anyone from vaccinations, but I know how statistics are drawn in my country.
Most people in Russia die not because of epidemics, but because of poverty. They have no money for treatment.

I have friends from Russia, and they have told me about this. It is really sad. People dying because of poverty, despite the fact that Russia is the largest producer of crude oil and natural gas in the world. And it's not just the oil and gas. Until the disintegration of the USSR, they were the world leaders in space and medical technology. The universities and medical schools were among the best in the world. Here in India, a lot of people have fond memories of the USSR. Some of our best doctors and engineers were educated in the Soviet universities.

During 2009-14, the crude oil price was above $100 per barrel and Russia was producing anywhere from 10 million to 11 million barrels per day. That is $1 billion worth of crude oil per day!!! Works out to $365 billion per year. Where did all these money went? On top of that Gazprom exports around 200 billion cubic meters of natural gas every year to Europe, and during 2009-14, the prices averaged $400 per thousand cubic meter. On top of that, they were the top producers of several other commodities including coal, steel, nickel, aluminum, gold.etc.

Even if we take the average revenue per year at $500 billion, it works out to around $12,500 per family per year. The average salary here in India is around 8% of that amount.

Oil and gas revenues from 2004 to 2014 were spent on insane consumption.  This was the period when Russians fell in love with luxury and glamor. 

1990-2000 was a decade of poverty and banditry.  So when that decade ended, all Russians began to make up for lost time.  The oligarchs built skyscrapers, bought huge yachts and spent money on elite prostitutes.  Many of them have acquired harems of young and beautiful girls.  The middle class also improved their living conditions, did expensive apartment renovations, traveled to Europe and exotic countries, and dined in restaurants. 

The period from 2004 to 2014 was perhaps the best decade in Russian history.

However, these relatively good times are over.

[zasad@]

~
I do not dissuade anyone from vaccinations, but I know how statistics are drawn in my country.
Most people in Russia die not because of epidemics, but because of poverty. They have no money for treatment.

I have friends from Russia, and they have told me about this. It is really sad. People dying because of poverty, despite the fact that Russia is the largest producer of crude oil and natural gas in the world. And it's not just the oil and gas. Until the disintegration of the USSR, they were the world leaders in space and medical technology. The universities and medical schools were among the best in the world. Here in India, a lot of people have fond memories of the USSR. Some of our best doctors and engineers were educated in the Soviet universities.

During 2009-14, the crude oil price was above $100 per barrel and Russia was producing anywhere from 10 million to 11 million barrels per day. That is $1 billion worth of crude oil per day!!! Works out to $365 billion per year. Where did all these money went? On top of that Gazprom exports around 200 billion cubic meters of natural gas every year to Europe, and during 2009-14, the prices averaged $400 per thousand cubic meter. On top of that, they were the top producers of several other commodities including coal, steel, nickel, aluminum, gold.etc.

Even if we take the average revenue per year at $500 billion, it works out to around $12,500 per family per year. The average salary here in India is around 8% of that amount.

The average salary in Russia is about $ 650 according to Rosstat, but this is all a hoax.
Most people work for $ 200-300 a month.
In rural areas, a $ 100 salary is the norm.
There is huge corruption in Russia, budgets are being stolen.
The situation has changed a long time ago.

[FlightyPouch]

It is really hard to cope with this pandemic. The feeling of thinking that it will end so quickly but it isn't. A lot of people are having a hard time following the protocols which usually bring more cases here in the province. It is hard to work especially that we are not used to these kinds of methods but education needed to be there that is why we must find ways to teach our students.

It is stressful and we are so worried about our students not learning from our modules especially that we don't have that fast internet connection and some of them don't even have a phone or a cell signal.

The impact of so much of Covid-19 in my area is that the total students have not been able to go to school for almost a year and they are now difficult to communicate even less educated because their lessons are no longer there, I always ask why this pandemic is taking so long many people they become chaotic and criminals occur everywhere because they are in trouble in the economy, therefore they can run the order.

The students are now only silent without any assignments while online schools will not be maximized, like going to a school that has a strong instinct from the teacher, therefore if the pandemic is over then we will be happy with the activities being up to date.

Don't say it like that. Doesn't mean that the schools can't do its full potential in these times doesn't mean that these students are less educated. Being educated doesn't just talks about their academic performance, that also talks about their well-being as a person. It is really hard but we need to cope because we can't just stop the school from functioning.

Although it is true that we are unsure of their capabilities now as a student, we should keep on giving them their needs and be available for them in times.

[Sithara007]

The average salary in Russia is about $ 650 according to Rosstat, but this is all a hoax.
Most people work for $ 200-300 a month.
In rural areas, a $ 100 salary is the norm.
There is huge corruption in Russia, budgets are being stolen.
The situation has changed a long time ago.

Obviously without corruption, the people would be much well off. That means that only around 10% of the revenue from natural resources is reaching the residents, while 80% to 90% is stolen. From what  I have heard, Russia is still having a decent education sector and that is the good thing. Young people at least have a chance to get skills that are in demand in the job market and migrate to the US or the EU. BTW, I hope that the medical sector will receive a big boost, after the grand success of Sputnik V.

[Xinarae*]

Corruption is a problem of every country corruption in the healthcare sector and corruption in the health infrastructure sector due to corruption is most prevalent in this sector in the procurement and distribution process we have seen that corruption even in this corona crisis due to which even if the government prepares the budget, it is being stolen poor people are suffering more discrimination in the medical sector. But Russia has improved a lot they have allocated more budget to the medical sector to overcome the effects of the virus and reduce the incidence of corruption.

[Vishnu.Reang]

The impact of Covid-19 is felt in various parts of the world, besides that it also affects the economy of every country, both developed and developing countries. However, in the world of good trading, especially Cripto, this certainly does not have a significant effect, because during the lockdown period the community tries to keep producing by trading or investing in stocks.

It has been almost one year (to be precise 11 months), since the lockdowns were first introduced in my country. Back in March 2020, when the lockdown was first announced, I never in my wildest dreams thought that it is going to extend for more than a month. But look at what we got. I feel sorry for all those people who lost their jobs. Some of my friends still don't have a job.

But for me, this entire episode turned out to be very beneficial. Since I am working in the IT sector, I am doing work from home for the last 11 months. The salary remains the same, and therefore savings in had has increased by almost 3 times. The expenses are down, since I am residing in a rural area right now. I just hope that the WFH will continue for another 4-5 months. No one want to go back to the office right now.

[DrBeer]

Hello from Ukraine !
About our situation:
The first "long" quarantine we had from 2020/03/12 to 2020/05/22. It was a total quarantine - only grocery stores, pharmacies, and utilities were partially working. Offices were closed, any shopping / entertainment establishments were closed, even public transport stopped working (there was an organized work of duty routes that ensure the movement of employees of medical institutions, police, utilities). Perhaps the most difficult period. The service business (restaurants, cinemas, cafes / pubs, travel companies, concert agencies, marketing agencies, ....) suffered the most.
The last "lockdown" is from 2021/01/08 to 2021/01/24.
Now the country is in the "orange zone", which means that there is no strict quarantine, but there are many restrictive measures.
Outcomes:
- First lockdown. The hardest part is the psychological factor. Complete isolation, "an extinct city", empty streets, usual services do not work ... A hard impression.
- After that, all the "short" restrictions no longer produced such a depressing impression, they got used to or adapted to the inconvenience.
- Of course, a huge problem is small business, private business, and almost all service companies.
- And most importantly, there is no real solution to the problem yet. Vaccination has just begun, there are no effective treatment protocols and most likely there will not be, a mutation of the virus, a "short" acquired immunity - all this makes you think, and clearly does not lead to positive thoughts ...
But there is also a positive one For example, having so much "free" time - I learned 2 new programming languages ​​for myself, 1 framework, deepened my knowledge in BI, spent time on sports every day - improved my physical shape, and much more on the little things.

[citywise2]

The impact of Covid-19 is felt in various parts of the world, besides that it also affects the economy of every country, both developed and developing countries. However, in the world of good trading, especially Cripto, this certainly does not have a significant effect, because during the lockdown period the community tries to keep producing by trading or investing in stocks.

You may want to know that Covid-19 had rather a positive effect on one hand in cryptocurrency. Aside the lost of jobs and people having to stay at home, the pandemic created a surge in demand for cryptocurrency, given the money from the air stimulus packages most countries had to embark upon was open doors for inflation. Fiat money was losing it's value here and there and people had to turn to cryptocurrency for safe haven.

[Vishnu.Reang]

The impact of Covid-19 is felt in various parts of the world, besides that it also affects the economy of every country, both developed and developing countries. However, in the world of good trading, especially Cripto, this certainly does not have a significant effect, because during the lockdown period the community tries to keep producing by trading or investing in stocks.

You may want to know that Covid-19 had rather a positive effect on one hand in cryptocurrency. Aside the lost of jobs and people having to stay at home, the pandemic created a surge in demand for cryptocurrency, given the money from the air stimulus packages most countries had to embark upon was open doors for inflation. Fiat money was losing it's value here and there and people had to turn to cryptocurrency for safe haven.

I can't agree with this statement. In March 2020, when the pandemic started spreading to countries outside China, there was a sharp drop in Bitcoin prices. The exchange rates plummeted from $10,000 to around $5,000-$6,000. On top of that, everyone was expecting a spike from the block reward halving in May 2020. That never happened, probably because of the economic downturn that was resulted from the pandemic. Now the current spike in Bitcoin prices is partly due to the fact that the stock markets are doing good and the economy has rebounded.

[velive08]

in my country the lockdown is not working and it only adds to the economic problem, because the people are pre-locked and cannot work as a result their income is zero and they become poor. lockdown actually cannot be applied to all countries, only a few countries can implement it.
To solve it in my country I applied to work from home, and this seemed unfair.
only educated groups such as teachers, civil servants, office employees and the like can work from home. while the workers can only watch while enduring sadness because they work part time.
so to overcome this there must be other options, namely the most effective work of making money from online whatever it will be a little help to the economy if the country really locks down.

[Sebas.tian]

Many things went down in my country because of the covid-19 that was causing death all over the country. Many farmers find it difficult to grow their crops during the raining season because of the lockdown the government has announced in the country to help them to put an end to covid-19 in the country.
I really obey the covid-19 protocol, which was put in place by the government to help the citizens to stop the spreading of the virus in the country.

[fullhdpixel]

I can't agree with this statement. In March 2020, when the pandemic started spreading to countries outside China, there was a sharp drop in Bitcoin prices. The exchange rates plummeted from $10,000 to around $5,000-$6,000. On top of that, everyone was expecting a spike from the block reward halving in May 2020. That never happened, probably because of the economic downturn that was resulted from the pandemic. Now the current spike in Bitcoin prices is partly due to the fact that the stock markets are doing good and the economy has rebounded.

To be honest we have recovered a lot faster than stock markets did, but that wasn't the point, we have recovered a lot more than markets did as well. From about 5k to 45k thats x9, from march of last year to today is nearly 1 year, how many things did 9x in the last 1 year?

I am not saying they didn't earn, of course they earned as well, all I am saying is they didn't earn this much, it went up super high.

About the halving, that was always a topic about how it would be priced in already and also would have a bigger impact 12-18 months later, that was the talk back in those days as well, we all believed that, and price moved from that said 5-6k range in march towards 10k in may because of the halving and that was the "priced in" part, the 12-18+ month part didn't happen because we are not there just yet but it also went up too much already so we could say there could be some affects of it right now.

[Yatsan]

Covid-19 pandemic have brought out lots of negative effects not just on the health sector because of the threat it gives on the lives of many people due to the virus that cost many lives ever since its existence. The pandemic have also affected different sectors including economic and financial sectors because of the implementing lock down as a safety measure to prevent the further spread of the deadly virus. Many have experience hard times most specially the poor people that is directly affected by the happening in the surrounding because lots of job opportunities have been turned down due to temporary to permanent closure of business establishments and cost cutting of many companies due to shortage of many essentials and budgets to carry out their workers. With that, many are also suffering from psychological and social depression because they have no work and cannot be able to go out. As for now, it is really hard to deal with the situation and we have different coping mechanisms to surpass all of the struggles we have been facing. Soon enough due to the existence of many vaccines, we can go back to normal somehow.

[Pierre 2]

Ever since pandemic started my working hours dropped a lot. It is about residence permits and this kind jobs are getting less and less important because of covid 19 as not many people wanna go anywhere outside of their country. Tourism is sort of dead.

Economically I am in guarenteed position, I can't be kicked out or asked to decrease payment, so there are no financial problems.

Many people I observe around are either in deep stress or they are unemployed and feel so bad. Suicides are far common in my society.

Old people have psychological issues as well. Many youngsters force them to stay at home for their own safety, but that hurts their feelings.

Lockdown is stopping covid19, that's right but its affecting billions negatively.

[TheNineClub]

What I have observed in my country is that there are some branches of the economy that are affected by the lockdowns and others that are not, so it's hard to paint everything with one brush. Also, it would be hard to blame everything on just lockdowns, as they merely exposed the deeply rooted issues of our economic system. For instance, my country has a lot of dependency on tourism, and that's fine, while it's going. But when things get a bit unpredictable, like they did this year and the past year, we see that putting your eggs in just one basket might not be the smartest option. And I am by no means putting the blame on people that chose to work in fields that are affected by the pandemic, what I am saying is that the governing body should be prepared for this and not focus merely on the best-case scenario profit, but on the wellbeing of the workers when the times get rough.

On the bright side, as far as I can see, this economic crisis might be a bit less than predicted at the beginning of last year.

[Ultegra134]

Haven't replied here for a while but wanted to catch-up!
The response measures taken within my region have now eased, things are a little better now. Retail shops have re-opened and curfew has been changed from 6 p.m to 9 p.m.

Nationwide, things have taken a turn for the worse, surpassing 2.000 cases yesterday, and this number is expected to rise in the very near future.