Topic: Corona has killed economy of many businesses - page 10. (Read 3429 times)
In today's news came to know about different countries planning to run airplane for transportation. By the time the important news is that aircraft companies have planned reduce the passangers accomodated and charge triple the amount for general tickets as people are supposed to obey social distancing. However soon small such changes are gonna make life more catastrophic for the low level and the middle class people. Elite people always have the ability to afford, and here government's need to take decisions to uplift the economy of low level people.
the very large impact caused by this coronavirus...
businesses that are forced to close, especially those engaged in tourism and hundreds of thousands of new unemployed because they were temporarily laid off during the pandemic.
Almost all business went down for a while. Even the company I am employed stopped the operation. There are so much lost and the worst part is, we already have the losses nothing comes back but still the country has to provide foods for the people who can't afford to buy foods, medicines for the sick, etc. Well we must not blame it to them. Just help each other to recover easily. businesses that are forced to close, especially those engaged in tourism and hundreds of thousands of new unemployed because they were temporarily laid off during the pandemic.
More than two months until today corona virus still keep exist and many cases every day around country, but now still not have way will this virus ended and make recovery to the world to get many chance with bitcoin and altcoin back to higher price. Almost day every country give news and update with how many their people pass away.
While some business die, other flourish, and new ideas are sparked. For example the food delivery business.
Well we cant really deny the fact that so many businesses is now really affected on corona virus disease, because many people today is staying at home for thier own safety and some establishment are now empty such as factory mall etc. So business is really affected but for me i think life is more important than any kind of business because we can still build a business if it will fall but we cant bring the life back if it will lose.
From the part you are right. But it is worthwhile to understand that with the limited ability to work, the ability to pay bills and rents is also limited.
Indeed, most landlords do not make any concessions and discounts because they themselves are in a difficult situation.
People simply have nothing to buy food for their loved ones if the quarantine lasts too long.
We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.
How long will it last? What's the antidote for Corona?
This will last at least till the end of the year. On tv a scientist told that corona virus is also the result of global warming and we shall expect to other pandemic situations in the future as result of the human impact over nature. How long will it last? What's the antidote for Corona?
I really worry about the influence of Coronavirus outbreak on our economy. I am afraid economy won't recover soon after such fall. Small businesses were affected and the most.
Well we cant really deny the fact that so many businesses is now really affected on corona virus disease, because many people today is staying at home for thier own safety and some establishment are now empty such as factory mall etc. So business is really affected but for me i think life is more important than any kind of business because we can still build a business if it will fall but we cant bring the life back if it will lose.
Yes indeed, any business that can be rebuilt and restored, but at the same time we cannot continue to live in a crisis like this because after all, we need jobs and or income and much more that should the wheels of this economy continue to spin. This pandemic really kills anything on earth that forces us to stay at home and I think this kind of life will be very strange if it continues for a long time.
Pharmacies and groceries are the only businesses that are infavor of these corona virus because we need them to provide the things that we need while we are at our homes and to prevent the virus from spreading. This virus is really killing the economy of a country because there are no any workers and no businesses, that is why there are now a lot of families that are starving today because they don't have any source of income to provide their necessities.
We should be out of lock down in 2week more.
I think this still depends on the country.
Here in the Philippines, the ECQ or the Enhanced Community Quarantine until the end of this month. That is because of the number of cases and I think to be on the safe side since we never know what might happen and since that there is still no vaccine for the virus, the number of cases making it harder for them to contain the virus. Businesses are affected but it is inevitable.
I know right.
The problem with this is that these people are not ready to face these kinds of problems. Some of them just want to earn money, just want to run because they want to do something not really making any sense what they want, and how this happened and they don't know what to do. I am really happy since some of the businesses here are helping people in their own ways despite the damage they also are having.
We should be out of lock down in 2week more.
I think this still depends on the country.
Here in the Philippines, the ECQ or the Enhanced Community Quarantine until the end of this month. That is because of the number of cases and I think to be on the safe side since we never know what might happen and since that there is still no vaccine for the virus, the number of cases making it harder for them to contain the virus. Businesses are affected but it is inevitable.
Yeah people are upset but they're going to not be ready to break it This lockdown has been arranged for his or her benefit If anyone is involved in corruption then the govt should take action. If the govt takes drastic measures these leaders won't be ready to do that quite work and haven't any effect on the poorest of the poor.
Well we cant really deny the fact that so many businesses is now really affected on corona virus disease, because many people today is staying at home for thier own safety and some establishment are now empty such as factory mall etc. So business is really affected but for me i think life is more important than any kind of business because we can still build a business if it will fall but we cant bring the life back if it will lose.
The coronavirus killed many things.
Literally, and guess what it is killing from at this very moment? my TIME haha. I'm off at work and don't have any time for any thing I want. I am waking up just to eat. I had a perfect job for a while and even didn't think of crypto for a few months.
Now, as I got "furloughed", I have plenty of time again for everything but money.
Good for you, you have a decent job coz some of people here only think of crypto lol. As the quarantine days is getting too long, I'm starting to plan what good business to build that is unaffected by scenario like this, something that could not be closed due to pandemic, something that I will earn more from disaster like this, something but not mask production. Now, as I got "furloughed", I have plenty of time again for everything but money.
Most likely there will be some people vaccinated at end of next winter. It will be inedible to vaccine billions of people then. Vaccine will be there for everyone only at end of 2021. Funny thing will be that some will refuse to vaccine 
Here in India, we have certain groups such as the Tableegh-e-Jamaat, which refuses modern medicine. These guys are refusing even to get tested for the Coronavirus. So obviously vaccinating everyone is going to be an impossible job. The government can try its best by making it a punishable offense not to get vaccinated, but a lot of people are not going to get it done even after all that.
We should be out of lock down in 2week more.
I think this still depends on the country.
Here in the Philippines, the ECQ or the Enhanced Community Quarantine until the end of this month. That is because of the number of cases and I think to be on the safe side since we never know what might happen and since that there is still no vaccine for the virus, the number of cases making it harder for them to contain the virus. Businesses are affected but it is inevitable.
The coronavirus killed many things.
I had a perfect job for a while and even didn't think of crypto for a few months.
Now, as I got "furloughed", I have plenty of time again for everything but money.
I had a perfect job for a while and even didn't think of crypto for a few months.
Now, as I got "furloughed", I have plenty of time again for everything but money.
What we have right now are speculations and rumors about the said vaccines. It will last for more than a year if worse. I just hope it wouldn't be that worse.
Most likely there will be some people vaccinated at end of next winter. It will be inedible to vaccine billions of people then. Vaccine will be there for everyone only at end of 2021. Funny thing will be that some will refuse to vaccine
We should be out of lock down in 2week more.
I think this still depends on the country.
Here in the Philippines, the ECQ or the Enhanced Community Quarantine until the end of this month. That is because of the number of cases and I think to be on the safe side since we never know what might happen and since that there is still no vaccine for the virus, the number of cases making it harder for them to contain the virus. Businesses are affected but it is inevitable.
What we have right now are speculations and rumors about the said vaccines. It will last for more than a year if worse. I just hope it wouldn't be that worse.
Even the pharmaceutical sector are not having their best because where we are not permitted to walk to the pharmacy they are arrested it mean only medical practitioners are licenced to go there.many other sectors as you have said is stand still. It will soon be over. China has gotten over it and my country is also recovering. We should be out of lock down in 2week more.
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