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Topic: Corona has killed economy of many businesses - page 13. (Read 3429 times)

full member
Activity: 1050
Merit: 100
We don't know how long that will happen, in my country until now it's still in lockdown due to the spread of the virus. I also heard that now scientists have found several remedies to kill this virus, only hoping it will end soon because the world economy is in chaos
member
Activity: 616
Merit: 11
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We have no power to determine the propagation of coronavirus, so this is the time for action to protect our economy away from the impact of this covid-19 because we cannot underestimate this virus-like a dream it was killing people every day and it is hard to pin down to prevent actual mortality. If this pandemic virus has continued to overshadow we need to find online businesses while staying at home by using digital currency as payment to all transactions.
hero member
Activity: 742
Merit: 507
Many business die with Corona virus and I think this virus give benefit for China because they have ready before virus attack and get much time how to protect their people, right now they have get much benefit with selling many product to other country and increase of their economic.

China will now easily emerge as the world leader out of this pandemic situation.
China not only managed to stop the epidemic, but also showed the whole world what the world cannot without China. Now China will increase its production capacity, while the whole world will be quarantined.
Almost all businesses are back to normal on Wuhan City where the Virus started and yeah looks like China leads the world now and supply the needs of the rest of the world. The oil is not moving because of no demand and this is a great play by China. The virus killed not just people but a lot of businesses, especially on the small sector. We entered into a world recession, but it looks like China was not included on that because their market are rising again.
If there is a world recession, then everyone will suffer from it. Too tight economic ties are spread all over the world, and China is not growing now, but only acting out what it has lost due to the coronavirus. In the event of a global recession, the whole world will roll downhill.
sr. member
Activity: 2044
Merit: 314
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Many business die with Corona virus and I think this virus give benefit for China because they have ready before virus attack and get much time how to protect their people, right now they have get much benefit with selling many product to other country and increase of their economic.

China will now easily emerge as the world leader out of this pandemic situation.
China not only managed to stop the epidemic, but also showed the whole world what the world cannot without China. Now China will increase its production capacity, while the whole world will be quarantined.
Almost all businesses are back to normal on Wuhan City where the Virus started and yeah looks like China leads the world now and supply the needs of the rest of the world. The oil is not moving because of no demand and this is a great play by China. The virus killed not just people but a lot of businesses, especially on the small sector. We entered into a world recession, but it looks like China was not included on that because their market are rising again.
sr. member
Activity: 1050
Merit: 377
Many business die with Corona virus and I think this virus give benefit for China because they have ready before virus attack and get much time how to protect their people, right now they have get much benefit with selling many product to other country and increase of their economic.

China will now easily emerge as the world leader out of this pandemic situation.
China not only managed to stop the epidemic, but also showed the whole world what the world cannot without China. Now China will increase its production capacity, while the whole world will be quarantined.
hero member
Activity: 3052
Merit: 685
I think it's taken on a way more serious form than ever before Doctors have almost given up in order that they haven't yet been ready to produce any pathogens for the disease. therein case it'll take 12 months and nobody can say the precise time because the days pass the amount of victims continues to extend.

The number of people infected are compounding or even worst.

The last time I checked on the overall number of people infected with the virus, that was just around 600K+, as of now, we have already reached the 800K marked, it seems like we have an average of 100K infections per day and it will go higher as no cure for the virus will be created.

The funds of the government will be spent to the needs of the people who can't even go out.
Now it would be nice if the military would help in self-isolation, and helped distribute food packages for people who are on self-isolation. Products can be taken from reserves or large retailers. The government could pay for food packages, with a minimum of products.
That should be their function so people will not anymore go out and buy some food they need.
Military is still the front liner in this war, they should be given best compensation as they are also risking their lives, when everyone stays at home except for the front liners, there will be less infection but I am not sure what strategy the US has impose on why the virus has spread so fast in their country.
hero member
Activity: 742
Merit: 507
I think it's taken on a way more serious form than ever before Doctors have almost given up in order that they haven't yet been ready to produce any pathogens for the disease. therein case it'll take 12 months and nobody can say the precise time because the days pass the amount of victims continues to extend.

The number of people infected are compounding or even worst.

The last time I checked on the overall number of people infected with the virus, that was just around 600K+, as of now, we have already reached the 800K marked, it seems like we have an average of 100K infections per day and it will go higher as no cure for the virus will be created.

The funds of the government will be spent to the needs of the people who can't even go out.
Now it would be nice if the military would help in self-isolation, and helped distribute food packages for people who are on self-isolation. Products can be taken from reserves or large retailers. The government could pay for food packages, with a minimum of products.
hero member
Activity: 3052
Merit: 685
I think it's taken on a way more serious form than ever before Doctors have almost given up in order that they haven't yet been ready to produce any pathogens for the disease. therein case it'll take 12 months and nobody can say the precise time because the days pass the amount of victims continues to extend.

The number of people infected are compounding or even worst.

The last time I checked on the overall number of people infected with the virus, that was just around 600K+, as of now, we have already reached the 800K marked, it seems like we have an average of 100K infections per day and it will go higher as no cure for the virus will be created.

The funds of the government will be spent to the needs of the people who can't even go out.
full member
Activity: 812
Merit: 104
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How long will it last? What's the antidote for Corona?
USA medical dept said they developed a cure for this virus and it will take 6 weeks time to know the actual results which is already under test on a human being.But they also mentioned it will take at least 12 months for public people availability means its still a long way to go and more worse is yet to come. Sad

I think it's taken on a way more serious form than ever before Doctors have almost given up in order that they haven't yet been ready to produce any pathogens for the disease. therein case it'll take 12 months and nobody can say the precise time because the days pass the amount of victims continues to extend.
copper member
Activity: 272
Merit: 8
Many business die with Corona virus and I think this virus give benefit for China because they have ready before virus attack and get much time how to protect their people, right now they have get much benefit with selling many product to other country and increase of their economic.
China remains the most stable economy in the world now in this global crisis.

Yeah, despite China gave the birth to the new type of coronavirus and hiding/covering up the infected cases in the beginning. World could have been better prepared if they didn't cover it up imo

China has started the whole mess the world is in right now thanks to their poor hygienic (I was in few china food markets 4 years ago and the hygienic standards in poor parts of the country are non-existent) and they will be last man standing in the economy, creating masks, supplies for hospitals around the world, they will make billions on this when they get to go back to normal and the rest of the world will be still fighting the virus.

That is absurd. They should be held responsible for this somehow, anyhow  Huh  and pay other countries at least the part of economical losses, just my two cents
copper member
Activity: 2324
Merit: 2142
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I can agree with you, even the time when the are still the leading on the number of cases, their economy did not fall, but now it's the rest of the world who are experiencing this crisis, our economy falls and China remains the most stable economy in the world now in this global crisis.
How?
If no one buys products "made in China," how they can stabilize their economy? Their businesses got struck as well, but no one dares to bitch about it.

Also, China "funds" US https://www.thebalance.com/who-owns-the-u-s-national-debt-3306124. If I lend you money, I won't hope that you go bankrupt, especially if you can send me to the hospital easily if I dare to ask for payment.
hero member
Activity: 2856
Merit: 673
Many business die with Corona virus and I think this virus give benefit for China because they have ready before virus attack and get much time how to protect their people, right now they have get much benefit with selling many product to other country and increase of their economic.
I can agree with you, even the time when the are still the leading on the number of cases, their economy did not fall, but now it's the rest of the world who are experiencing this crisis, our economy falls and China remains the most stable economy in the world now in this global crisis.
newbie
Activity: 1
Merit: 0
Business struggles with coronavirus all over the world. Everyone is scared. Wherever you look, you hear about job lay-offs or SMEs going bankrupt... The current situation is tough for everybody. From what I know, maybe the e-commerce industry is doing quite okay. The rest is in deep trouble. It's important to support local businesses, like restaurants, so they have any chance to survive this. I order dinner from my favorite restaurant once a week, just to give them some support and have a place to eat when it all ends. No one knows how long will it last...

All the best!
Frank
hero member
Activity: 1722
Merit: 508
Many business die with Corona virus and I think this virus give benefit for China because they have ready before virus attack and get much time how to protect their people, right now they have get much benefit with selling many product to other country and increase of their economic.
full member
Activity: 1750
Merit: 118
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?

No one knows on how long it would last as long the vaccine isnt available yet then theres nothing we can do or stop the virus from spreading but somehow
there are experts do still continue to find the cure of such virus.For now we are making measure on slowing out the transmission of it but still its unstoppable
and as we have seen that numbers of infected grows day by day.

Lots of businesses had been affected and the ones which are open are to those businesses that do give out basic needs (grocery store,pharmacy, hospital) and
the rest is closed.

thats it  we can still do something . we can quarantine ourself to help not spread the virus and we can also create improvised tools to help out our frontliners or to help your self and others because tools are now on shortage  .

these times its hard if we will foccus on our business and its not good to take advantage of others but it will be better if you help out other people than minding your own business first  . when people lives get back to normal , thats the onely way for our business to become healthy again
legendary
Activity: 3122
Merit: 1140
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?

No one knows on how long it would last as long the vaccine isnt available yet then theres nothing we can do or stop the virus from spreading but somehow
there are experts do still continue to find the cure of such virus.For now we are making measure on slowing out the transmission of it but still its unstoppable
and as we have seen that numbers of infected grows day by day.

Lots of businesses had been affected and the ones which are open are to those businesses that do give out basic needs (grocery store,pharmacy, hospital) and
the rest is closed.
hero member
Activity: 2464
Merit: 585
There is a lot of companies that will go bankrupt because of corona but people do not realize that there are a lot of companies that actually made thanks to corona as well. Nobody would want corona to happen, even the companies who are going through this would want something like this to happen because it affects them personally and they are self isolating at home most probably, some may even got infected, however reality is some companies do make a lot of money.

Online casinos, game companies, digital products all are getting more and more income, a lot of websites saw a huge uptick in user numbers during this period, I am sure of it. All in all people have money, that money has to go somewhere, if it is not going to brick and mortar places because they can't go outside, it has to go somewhere else.
jr. member
Activity: 140
Merit: 2
Small buisness will not survive this year...
newbie
Activity: 4
Merit: 0
the world until now does not have the antidote, all we can do is self-awareness to carry out quarantine at home away from the crowd until we do not know the end. unfortunately there are still many ignorant people who don't care and still oppose government policies.
legendary
Activity: 3080
Merit: 1353
Everyone is really affected by the pandemic, it is a global phenomena as we haven't seen a pandemic like this in the last ten years. It quickly spread and hard to control because it is spread through air. And as a result many business are forced to shutdown. Big corporations try to adapt by having their employees work from home. But from small to mid tier business, they can't afford to do that.

So I would agree that it has put a dent on the economy, many are complaining because of the lock down. But what can we do? Government doesn't want to put the risk of so many. And as for the business that are forced to shutdown, it's really hard and the looming economic recession are just around the corner. I only wish that a vaccine or a cure can be discovered soonest so that we can go back normally and stop the suffering.
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