Biggest winner during COVID? - page 10.

ethereumhunter

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Quote from: Nellayar on July 15, 2020, 06:42:21 PM

In my country, most of the officials/politicians grab the opportunity to corrupt the funds. There are many news and issues regarding to the reliefs as well as the money that the government is releasing to the people. I can say that they are the biggest winner during COVID-19 in my country. But many of my countrymen are appealing and because of the technology some of them got caught.

In this pandemic, we have observed the real personality of people that we voted during election. Many politicians are making money because of pandemic while the poor people are suffering from an agony of life without any assistance came from them.

Well, that is a bad example that is happening in your country, but I am sure that happens too in other countries. We are talking about big money that people donate to charity, but some don't have the responsibility to break that and use that money for their purpose. I hope that people can be arrested without any mercy because they use the money for people. That is not the biggest winner if the money if it's come from the donation for the Covid-19.

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Quote from: Nellayar on July 15, 2020, 06:42:21 PM

In my country, most of the officials/politicians grab the opportunity to corrupt the funds. There are many news and issues regarding to the reliefs as well as the money that the government is releasing to the people. I can say that they are the biggest winner during COVID-19 in my country. But many of my countrymen are appealing and because of the technology some of them got caught.

In this pandemic, we have observed the real personality of people that we voted during election. Many politicians are making money because of pandemic while the poor people are suffering from an agony of life without any assistance came from them.

That is the trickiness of politicians and their officials will play the aid fund for their citizens, they will continue to make the Covid-19 case more intense so that they can take the opportunity to reap the benefits of the funds that have been spent by the government, so we as a society are only speechless and could not do anything because whatever complaint we will never hear I was fed up with what happened like that and still when checking rapid tests have to pay.

That is a one-sided advantage for themselves.

abhiseshakana

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Quote from: STT on July 15, 2020, 09:18:00 AM

One of the biggest winners slightly ironically is the banks and market makers, if you invent a new batch of money and throw it into the circulation then the first to gain the benefit of that purchasing power before inflation devalues it will be the banks and those involved in markets especially the companies that help to run and provide liquidity in stock markets. Its not fair but when there is so much debt in operation the alternative is not viable and there is a price to pay despite the apparent low interest rates in operation.

Yes because only those who have collateral can apply for business loans to banks. In addition, the practice in my country for large corporations is given very light interest, while small and medium businesses bear interest of around 12-17% per year. If there is a bad credit the bank has benefited from being able to conduct collateral auctions. I think what's left in the market now is only small players, whereas big players now still hold cash and will spend the money when the market has collapsed.

Banks and markets are dynamic duo trouble makers that make the world economy chaotic. The market makes the real sector neglected, even though the real sector is the main economic foundation. Banks are the ones who provide fuel so that market players can play. Both work based on something that is uncertain.

ene1980

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Quote from: Genemind on July 15, 2020, 02:11:26 AM

I guess those who were able to take advantage of the pandemic would be that business who is in demand during the crisis. Such as medical supplies manufacturer (face mask, alcohol, alcohol pads, medicine, toilet papers and etc.) Imagine the scarcity of these supplies during the first wave of the pandemic and how high the demand and limited the supplies are, not to mention the increase in price due to the scarcity of supply.

The problem is that these manufacturing units were forced to shut down because of the lockdown in many countries and some of these companies are working at half the capacity and medical industry will flourish during these period and personal hygene has gone to a different level during these pandemic and those companies will be having a good profit in the coming years.

Nellayar

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In my country, most of the officials/politicians grab the opportunity to corrupt the funds. There are many news and issues regarding to the reliefs as well as the money that the government is releasing to the people. I can say that they are the biggest winner during COVID-19 in my country. But many of my countrymen are appealing and because of the technology some of them got caught.

In this pandemic, we have observed the real personality of people that we voted during election. Many politicians are making money because of pandemic while the poor people are suffering from an agony of life without any assistance came from them.

tippytoes

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Quote from: AakZaki on July 15, 2020, 06:06:49 PM

You asked about who the winners were during this pandemic, certainly not the medical industry. Medical is at the forefront of efforts to stop the spread of Covid-19. If some treatment costs and drug prices are not reasonable, it is because the situation is indeed very emergency. Medical personnel are not commensurate with the number of people infected. Raw materials for drugs may be difficult to obtain as well and make drugs expensive.

maybe certain regimes have other purposes behind this pandemic, but I don't have the right to talk about it because I don't have the data. We all also hope that this pandemic will end soon, so that we can live normally again.

I don't think there is the biggest winner in this pandemic situation. Even the medical industry is not to be treated as the winner in this situation, they are the frontliners, so they are sacrificing their lives to combat this disease.

AakZaki

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You asked about who the winners were during this pandemic, certainly not the medical industry. Medical is at the forefront of efforts to stop the spread of Covid-19. If some treatment costs and drug prices are not reasonable, it is because the situation is indeed very emergency. Medical personnel are not commensurate with the number of people infected. Raw materials for drugs may be difficult to obtain as well and make drugs expensive.

maybe certain regimes have other purposes behind this pandemic, but I don't have the right to talk about it because I don't have the data. We all also hope that this pandemic will end soon, so that we can live normally again.

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Quote from: LogitechMouse on July 15, 2020, 08:01:19 AM

1. Online selling websites like Amazon, eBay.

While it has seen growth there is also a fear among people that they should avoid ordering anything online as well because there is a genuine fear that the person delivering the parcel might be infected himself.

Quote from: LogitechMouse on July 15, 2020, 08:01:19 AM

2. Telecommunication companies.

I feel like they haven't been influenced much these days because most of the people are doing video calls through apps but yeah they have seen a little growth for sure.

Quote

4. In the future, the first ones who will successfully create a new vaccine or cure for the virus because for sure many countries will buy it.

I heard that Russia are working on it and there is some testing left and once they have tested it they will make it available for export. Let us see how it goes and if they are actually able to do it.

I personally feel like no one is happy of the situation but surely everyone has found out a way to survive whether it is working online or it is working from home the same job you were doing before.

hahay

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This virus did occur because of human activity itself as in the beginning about the news that said this virus was created due to the factor of food consumed to cause a virus, but apart from all that I only saw this was a disaster because if the virus is related to market or economic warfare who have a mission to bring down related groups I don't think they will do it as long as now. So I don't think there are winners who really enjoy this mess, because even if they claim to win or in other ways take advantage of situations like this in reality they still have difficulties that must be overcome at all times.

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Quote from: Emitdama on July 15, 2020, 12:48:30 PM

Quote from: MCobian on July 15, 2020, 06:12:50 AM

I pay attention to the development of several sectors in the business world, there are those who benefit from this pandemic situation.
Like medical equipment manufacturers, online game developers, online gambling industry, and online shopping. All of the businesses that
I mentioned record earnings continue to increase, because it has a high demand. So the four business sectors that I mentioned were the
biggest winners in this pandemic situation.

That is right because anything that is being offered online has seen a pleasure in this disguise situation of corona virus because their sales have been great during this period for example the online shopping has been greatly and positively affected during these times because people cannot do much movement outside so they are ordering things that are delivered to their house.

Also, now as more people are working from home they need decent informatic equipments to do so and others who have too much free time are also investing in gaming computers to have some fun and to not go crazy during this pandemic.
Then the gaming industry is still profiting, although the economic scenario for another sectors looks bad. And as normal profit isn't enough for these greedy ones, when demand increases, the computers and informatic products become more expensive. It should be the opposite as they are profiting more on the quantity.

Emitdama

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Quote from: MCobian on July 15, 2020, 06:12:50 AM

I pay attention to the development of several sectors in the business world, there are those who benefit from this pandemic situation.
Like medical equipment manufacturers, online game developers, online gambling industry, and online shopping. All of the businesses that
I mentioned record earnings continue to increase, because it has a high demand. So the four business sectors that I mentioned were the
biggest winners in this pandemic situation.

That is right because anything that is being offered online has seen a pleasure in this disguise situation of corona virus because their sales have been great during this period for example the online shopping has been greatly and positively affected during these times because people cannot do much movement outside so they are ordering things that are delivered to their house.

Apart from these all, I believe online gambling sector has gained tremendous growth in this time because people are so bored that they find nothing bt gamble because even myself I don't gamble as much but now that watching movies is over and there are no better netflix stories left, I am left in a situation where I just roam around the forum and gamble more often than before.

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Quote from: Wysi on July 11, 2020, 01:02:29 PM

We are aware that most of the countries economy has gone for a toss and many are at the brink of collapse but who has been the biggest winner of this pandemic? is it corporate medical industry who are charging abnormous fee for treatment or else a particular regime who is silently buying stakes of major groups at lower price during this situation? Do you think this was a man-made virus to destabilize the world's economy and buy huge shares so that a vaccinations can be rolled out once the enough damage is made ?

Everyone knows that Covid 19 and corona virus are both Chinese and Chinese plans, but it is just a conspiracy theory that many politicians have set out and we still cannot confirm 100% is true.
But in my opinion, it is a virus that the Chinese government intentionally created. they have the ambition to be the most powerful country in the world and so they are willing to sacrifice their people to dominate the economy in the future. There are underground sources that China wants to take revenge on the United States for Trump's taxation. What do you guys think about this idea and some people?

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Quote from: ecnalubma on July 15, 2020, 10:52:28 AM

It is clear that the medical industry are profiting most during this time of crisis, their line of industry is booming now. Later in the next few months or maybe a year there could be a company that will monopolize the vaccine once it is invented.

While some companies shutdown a lot also will emerge that took advantage of the situation.

The best part for doctors is no one bargains them while in all the other sectors there is bargaining involved at some point for sure. The way the medical sector has bloomed is actually unbelievable and actually they are getting stronger in terms of new researches as so many researches are being done now days that they find new facts and medicines every day.

But speaking frankly the medicine industry needed to be grown and the more they grown the more safe we feel so I see no problem if they are taking benefit from the pandemic situation but they must also understand that they charge only what's reasonable from their patients because I was reading some news that hospitals are charging pretty hefty for medication of corona and almost anything right now because the demand is high and the supply of hospitals is low.

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Quote from: ecnalubma on July 15, 2020, 10:52:28 AM

It is clear that the medical industry are profiting most during this time of crisis, their line of industry is booming now. Later in the next few months or maybe a year there could be a company that will monopolize the vaccine once it is invented.

While some companies shutdown a lot also will emerge that took advantage of the situation.

Still greed instead of compassions and a helping hands, it's a business and greed billionaires doesn't care about anything aside of
banking more money. From the current state, there's no proven vaccines that being developed and like what you have said if there's
something that will be invented and tested to really cure this virus, monopoly will be the next thing to expect coming from those
big fat billionaires who can manage to fund this research.

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Quote from: Wysi on July 11, 2020, 01:02:29 PM

snip..

I, you, and all of us are in the era of "no one can trust". the media continues to serve us with reading material that takes our opinions in unclear directions.. confidence in the government is diminishing, the coronavirus challenges are increasing, the economy is not clearly directed, experts who continue to say "vaccines are in sight", this all makes us tired.. I just suggest that we focus more on our family now, because no one will care about us other than our family and let all the conspiracies (this virus made by humans or something like that) be scattered like bullshit..

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Quote from: Wysi on July 11, 2020, 01:02:29 PM

We are aware that most of the countries economy has gone for a toss and many are at the brink of collapse but who has been the biggest winner of this pandemic? is it corporate medical industry who are charging abnormous fee for treatment or else a particular regime who is silently buying stakes of major groups at lower price during this situation? Do you think this was a man-made virus to destabilize the world's economy and buy huge shares so that a vaccinations can be rolled out once the enough damage is made ?

As hard as it may seem to believe there are always winners regardless of the situation we may face, one of the big winners are businesses like Amazon or WalMart while everything was closed they remained open and basically monopolized the purchases of the people and made huge profits that way, quite honestly I do not believe this virus was manufactured by humans and it is only showing how weak our society really is and how it can be destroyed by an unexpected event if we are not careful.

ethereumhunter

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Quote from: LogitechMouse on July 15, 2020, 08:01:19 AM

For me I think these are the winners:

1. Online selling websites like Amazon, eBay.
2. Telecommunication companies.
3. Banks - because many people are asking for loans for sure and we know how the banks are doing when there is a loan (as ColdFusion is stated in his youtube channel). Debt = New money.
4. In the future, the first ones who will successfully create a new vaccine or cure for the virus because for sure many countries will buy it.

Don't forget about the online gambling, especially online crypto gambling because many gamblers can not play gambling games at the casino Grin

Maybe many of them are moving to the crypto gambling website to start a new experience using online gambling.

The other business is a game company because maybe many people feel bored staying at home for a long time, so they install or buy hardware to play the games, whether it's online or offline.

ecnalubma

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It is clear that the medical industry are profiting most during this time of crisis, their line of industry is booming now. Later in the next few months or maybe a year there could be a company that will monopolize the vaccine once it is invented.

While some companies shutdown a lot also will emerge that took advantage of the situation.

STT

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One of the biggest winners slightly ironically is the banks and market makers, if you invent a new batch of money and throw it into the circulation then the first to gain the benefit of that purchasing power before inflation devalues it will be the banks and those involved in markets especially the companies that help to run and provide liquidity in stock markets. Its not fair but when there is so much debt in operation the alternative is not viable and there is a price to pay despite the apparent low interest rates in operation.

Ridwan Fauzi

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Yeah, I've been reading and hearing a lot of conspiracy out there like this virus was made by some parties to genocide a portion of the human population also was made due to economic war between America and China and many more, but I don't know I can't believe that.

Clearly, this virus has been killed many people and has been changed the order of human life. I never see if there is a situation where the children didn't go to school for a long time and it happens until now in my country. Their mindset will change and they will most likely forget their task of learning.

That is the worst thing that I see so far. And I just have a bad prejudice for health industry sector, they will be benefited from this situation. And I just think that online gambling, online shopping and etc are the sector that we can say as a big winner since this situation is just a coincidence and they never thought about getting this situation and changing their business.

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