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Topic: Biggest winner during COVID? - page 5. (Read 5177 times)

full member
Activity: 798
Merit: 104
🎄 Allah is The Best Planner 🥀
July 30, 2020, 03:27:48 AM
No country has yet become the most important winner at the time of COVID most are spending their days in bad conditions within the midst of its epidemic In many countries albeit there are funds everything is closed so their funds are running out. therein case most are counting on vaccines However United States i is way before other countries their country's economy has not suffered an excessive amount of they need many stocks.
member
Activity: 213
Merit: 11
August 04, 2020, 11:53:57 AM
The increasing spread of the coronavirus across countries has prompted many governments to introduce unprecedented measures to contain the epidemic. These measures have led to many businesses being shut down temporarily, widespread restrictions on travel and mobility, financial market turmoil, an erosion of confidence and heighted uncertainty. We will undertsand this effects after.
legendary
Activity: 2268
Merit: 16328
Fully fledged Merit Cycler - Golden Feather 22-23
August 04, 2020, 10:43:02 AM
<....>
all in all it seems the majority of people have lost a lot of money while big business made a fortune, so nothing really new here.

Exactly. This crisis has made clear that running any business in the age of the internet has become a capital intensive business. You cannot rely anymore on "human goodwill" to run your business, but you basically are in the hands of the big four. Think about the antitrust filings towards Amazon and their third - party sellers.
This skewed the competition on a massive scale toward big companies, depriving average people of their income during the pandemic crisis.  What is even worse is that I am not sure this process is easily reversible.

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
August 03, 2020, 10:25:34 AM
The biggest winners are those with funds and can buy a big company stocks that is plummeting because of the pandemic knowing that when the vaccine is created and things are back to normal they can make huge profit from their stocks and of course you are right the medical companies like Facemask maker and other medical equipment that sustain Covid patients unfortunately there are many losers than winners here.
Another clear winner are the big tech companies, amazon for example has recorded historical gains during the previous quarter as everything was closed but the were allowed to operate and since they were one of the few stores open and they offer so many products they kept getting profits while the small business were facing bankruptcy, all in all it seems the majority of people have lost a lot of money while big business made a fortune, so nothing really new here.
hero member
Activity: 1722
Merit: 528
July 30, 2020, 03:39:55 AM
the medical industry is the biggest beneficiary. this we have proven with the high cost of prevention and handling tools for Covid. such as personal protective equipment, thermometers, rapid tests, ventilators, masks and so on.
but for medical parties such as doctors and nurses are the most affected because they have to bother to treat patients , and that is free? Cry

This depends on the heirarchy.

This industry also have its lower part where usually these people are at risk or porne to be contaminated by the virus. These nurses, doctors and other medical personnels whom we call the frontliners. The higher part where those people whose money are mostly into these hospitals or equipments being bought in the pandemic. They are the biggest winners in these times.

As they are safe and sound during these times while those below are working hard and at risk.
sr. member
Activity: 2030
Merit: 269
July 30, 2020, 02:21:13 AM
The biggest winners are those with funds and can buy a big company stocks that is plummeting because of the pandemic knowing that when the vaccine is created and things are back to normal they can make huge profit from their stocks and of course you are right the medical companies like Facemask maker and other medical equipment that sustain Covid patients unfortunately there are many losers than winners here.
sr. member
Activity: 952
Merit: 274
July 30, 2020, 01:56:17 AM
There are huge companies out there who are making more revenue than before like health care industry, manufacturing industry especially those who create face masks and other equipments that are required to prevent the spread the virus and also the online retailer industry who having more sales than before. Not all of business are affected by the Covid 19, there are really some companies out there that became more popular because of the products and services that they are offering in the public.
sr. member
Activity: 1274
Merit: 252
July 29, 2020, 07:20:13 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 ?
conspiracy theories come, I don't really understand how political elites act and do their actions, I get lots of different conspiracy theories from different people and places. I appreciate the theory because I don't really want to talk about it because it's a bit ambiguous. what is clear is we must apply health standards to prevent it because it is real and I have friends who are infected and isolated now. but on the other hand, it doesn't have a bad impact on the crypto industry.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 29, 2020, 02:14:49 PM
Finding a vaccine will take years. Don’t listen to what you hear on news of, even worse, what your government bureaucrat are telling you. Studying, Testing, manufacturing and distributing an effective vaccine will take years.
In the meantime it will be a spending government money fest, all at the expenses of future generations.
 As I said, governments (read: government officials) are the big winners.
And even if they did it is fair to wonder if they didn't cut too many corners and are putting everyone at risk with an untested vaccine and treat us as guinea pigs, this is why I have been telling my family that in the case the vaccine comes at the end of this year it is not a good idea to get it as soon as possible, it is better to wait 6 months and see if there are not adverse effects on those that received the vaccine as I find really difficult to believe they can develop a safe vaccine in such a short time.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
July 29, 2020, 01:18:02 PM
It is impossible to know. What difference does it make what we think about this? All that we think about this is just speculation and nothing more. Is the virus artificial? I doubt. First, we do not have technologies that are capable of creating something similar. Secondly, such things are too uncontrollable. 

its possible . we can clearly see what is happening now and its easy to tell if who are really the winners  of this covid   . the difference it make is that people will calm done and wont get curious  .  the virus is not artificial because artificial means fake but the virus effect is already feel as seen on news

Man-made doesn't make it fake

As a biological weapon, any "artificial" virus or bacterium should be more contagious, more resistant to treatment and disinfection, and overall more lethal than its more "natural" cousins. That's the whole point. In this sense, Covid-19 fits the dismal picture perfectly. Whether it is actually man-made or someone in China was just unlucky to eat an infected bat as per reports, remains a matter of future investigations
full member
Activity: 1638
Merit: 122
July 29, 2020, 09:14:21 AM
It is impossible to know. What difference does it make what we think about this? All that we think about this is just speculation and nothing more. Is the virus artificial? I doubt. First, we do not have technologies that are capable of creating something similar. Secondly, such things are too uncontrollable. 

its possible . we can clearly see what is happening now and its easy to tell if who are really the winners  of this covid   . the difference it make is that people will calm done and wont get curious  .  the virus is not artificial because artificial means fake but the virus effect is already feel as seen on news   .

 we have the best technologies this time and experts can create a virus easily and they can also create a cure for it   , thats why its controllable but they choose to spread it for a while  .
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
July 29, 2020, 08:40:11 AM
Finding a vaccine will take years. Don’t listen to what you hear on news of, even worse, what your government bureaucrat are telling you. Studying, Testing, manufacturing and distributing an effective vaccine will take years.
In the meantime it will be a spending government money fest, all at the expenses of future generations.
 As I said, governments (read: government officials) are the big winners

Strongly agree with this view

It is not set in stone there'll be a working vaccine at all. And all that money will be wasted. Well, not wasted in the sense of lost but condensed in the pockets of a few. More and more it looks like we are going toward collective immunity provided there is one with this type of virus. But one thing is sure, we will find that out before they come up with something tangible in terms of effectiveness (not even speaking of safety)
full member
Activity: 1330
Merit: 147
July 29, 2020, 07:51:56 AM
There is no winner behind any pandemic, it is the whole world problem and need to be solve, finding a vaccine is the most important thing and if we find it we can maybe back to the normal life just like the life before we encounter the crisis, and if we find a medicine we maybe called as a winner for some reason but still we are not consider as winner beause maybe life is wasted and that was really devastating.
We need more time as well to make a vaccine, right? We just need to aware that this virus can attact everyone so as we should protect ourselve and wear everything that the health expert ordered, that's all thing is the key. The health protocol has been notified by most government on this world and we have to respect it.

The economic will be run properly if the human behind it has a good health and  a good mind so as they can plan to repair the economic to a good situation back. We don't need to blam anyone, any country and everything behind it, that won't make change anything.
legendary
Activity: 2268
Merit: 16328
Fully fledged Merit Cycler - Golden Feather 22-23
July 29, 2020, 07:32:08 AM
Finding a vaccine will take years. Don’t listen to what you hear on news of, even worse, what your government bureaucrat are telling you. Studying, Testing, manufacturing and distributing an effective vaccine will take years.
In the meantime it will be a spending government money fest, all at the expenses of future generations.
 As I said, governments (read: government officials) are the big winners.
member
Activity: 949
Merit: 48
July 25, 2020, 08:37:34 PM
There is no winner behind any pandemic, it is the whole world problem and need to be solve, finding a vaccine is the most important thing and if we find it we can maybe back to the normal life just like the life before we encounter the crisis, and if we find a medicine we maybe called as a winner for some reason but still we are not consider as winner beause maybe life is wasted and that was really devastating.
sr. member
Activity: 1050
Merit: 377
July 25, 2020, 02:09:34 PM
It is impossible to know. What difference does it make what we think about this? All that we think about this is just speculation and nothing more. Is the virus artificial? I doubt. First, we do not have technologies that are capable of creating something similar. Secondly, such things are too uncontrollable. Rather, countries have taken advantage of the virus situation to their advantage with varying degrees of success.
full member
Activity: 658
Merit: 126
July 25, 2020, 12:21:06 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 ?

This sounds like a legit conspiracy but I don't think so, there are just people who are so adept in taking advantage of a pandemic. Those who are already powerful but are still doing a sneaky move to be more powerful during the pandemic. One example is a country who are moving to get each land that they wanted to own, I don't even need to say the country's name.

Governments too are pushing their agenda during the pandemic, they are taking advantage of this pandemic for their own good. It is happening in my country as well. They even prioritize it better than the pandemic itself.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 25, 2020, 11:58:39 AM
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 ?
I do not think this pandemic was artificially created since the risk is simply too high, what if something went wrong and the virus they created was a lot more deadly than what they thought or the virus mutated into a new version of itself with worst symptoms and greater lethality? The risk of this happening is simply too high regardless of the profits some powerful individuals could get out of this by knowing the virus was coming beforehand and I doubt they are as shortsighted, but you never know I could be wrong about this.
full member
Activity: 910
Merit: 100
July 25, 2020, 08:58:51 AM
A few days ago I read the news about Wimbledon, which seems to have benefited the most from the coronavirus. The tournament updated its pandemic insurance 17 years ago and paid $ 2 million a year for it. Now they will receive $ 141 million in insurance.
hero member
Activity: 616
Merit: 503
★Bitvest.io★ Play Plinko or Invest!
July 25, 2020, 03:35:08 AM
Even the richest one are affected and most specially the poor ones that are directly affected by the effect of this pandemic because many have been temporarily to permanently jobless and it is hard to seek job opportunities at this time due to the existing community quarantine.

Yes the rich for sure they were affected.They were in fact positively affected. They saw their business only slighly negatively impacted, or at least less than a lower class one (owning a restaurant is for sure better than working in a restaurant) or a lawer is surely less impacted than a driver. Also they benefited from the huge stocks rally, wich increased their wealth even more. While the poor people, without any savings, let alone investments, have seen their wealth gap increase even more.
 
And the rich are continuing to push for bailout while criticizing the low income initiatives.
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