This situation is really bad happen this year because every country are affected because many people died in the Coronavirus.
One of the others effect of the outbreak are many business are closing their business because they don't have choice because that is government command and they need to follow.
I know money is important becaudse of the basic needs or even the economy but for now better to know how to stop this before thinking about on how the economy will recover because if the qurarantine and lockdown takes long economy will decrement so everyone need to follow by the government so we can win this situation.
Topic: Corona has killed economy of many businesses - page 14. (Read 3429 times)
No one knows when it will end. Headlines like "coronavirus cure found" have mushroomed since February, but working on vaccine may take 6 to 8 months. I can't accept a statement that corona killed the economy. It wasn't merely panic around the virus.
It is very hard to create a virus against these viruses. Because they mutate very rapidly. Even if you come up with a vaccine against the COVID 19 strain, a few months later another mutation can appear and the vaccine will have no impact on it. And with the virus infecting almost 700,000 people till now, I think that mutations may have already occurred. By the time the scientists come up with a vaccine, it may not even be effective against the virus.
We can't discuss about this matters as we are not doctors or scientist, they know better as that is their job.
Our concern here is the movement of the market especially the crypto market where we are investing, for now, we just have to hope the vaccine will be out as that would be the only way to put our life back to normal and we can enjoy once again what we get used of doing, including investing in difference markets.
No one knows when it will end. Headlines like "coronavirus cure found" have mushroomed since February, but working on vaccine may take 6 to 8 months. I can't accept a statement that corona killed the economy. It wasn't merely panic around the virus.
It is very hard to create a virus against these viruses. Because they mutate very rapidly. Even if you come up with a vaccine against the COVID 19 strain, a few months later another mutation can appear and the vaccine will have no impact on it. And with the virus infecting almost 700,000 people till now, I think that mutations may have already occurred. By the time the scientists come up with a vaccine, it may not even be effective against the virus.
We can't discuss about this matters as we are not doctors or scientist, they know better as that is their job.
Our concern here is the movement of the market especially the crypto market where we are investing, for now, we just have to hope the vaccine will be out as that would be the only way to put our life back to normal and we can enjoy once again what we get used of doing, including investing in difference markets.
No one knows when it will end. Headlines like "coronavirus cure found" have mushroomed since February, but working on vaccine may take 6 to 8 months. I can't accept a statement that corona killed the economy. It wasn't merely panic around the virus.
It is very hard to create a virus against these viruses. Because they mutate very rapidly. Even if you come up with a vaccine against the COVID 19 strain, a few months later another mutation can appear and the vaccine will have no impact on it. And with the virus infecting almost 700,000 people till now, I think that mutations may have already occurred. By the time the scientists come up with a vaccine, it may not even be effective against the virus.
The economy has come to a halt due to the Corona virus, and companies in many parts of the world have been forced to suspend their production. It can be said that the virus did not do much, except to accelerate the financial crisis, which is actually expected to happen. Although the corona virus was shown as an excuse, many economists have already stated that they are expecting such an effective crisis, and this expectation has come true much earlier thanks to the virus. Not only businesses but world markets have come to a halt, and we can see that global markets are losing seriously day by day. I do not know how long the virus event will last, but I am sure that the economic damage it will cause will be effective for a long time.
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?
How long will it last? What's the antidote for Corona?
Yes, you are right here but matter of sorrow that there is no antidote yet for COVID-19. It was astonishing that at present scientific world men are going to death more and more with a virus!! Again news that COVID-19 changing its DNA so that initial medicine did not working. It is so worried matter now.
Finally nobody does not know when it will cure and economy as well as.
Yes, indeed COVID-19 affects a lot of businesses except pharmacies but for sure after this quarantine and 0 confirmed cases the affected businesses will definitely back to normal. This is just some down part of businesses but it will not be the end of it. Also, it is true that there is no antidote or cure for this virus now but some of the scientists and researchers in different countries are now formulating and testing the vaccines and I hope that they will create it soon as possible, because if this lockdown will be extend for couple of months or worse a year it would be possible now for the end of some business and eventually the economy will collapsed.
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?
To be honest, at first I did under estimated corona virus. I am not the kind of person to buy alcohol and used it everytime nor buy mask to be used daily. I just focus on my work. But now, I am so afraid of what will happen next. I am so afraid that every time I go out of my house I am carrying the virus. The virus spread rapidly and countries all over the are turning into lock down. What a relief. No one knows when it will last. But every day, the economy losses their community and ofcourse the business. What will happen to underdeveloped countries if they were hit by this ? How long will it last? What's the antidote for Corona?
Yep a lot of people are going through losses due to this pandemic that has taken the world all of a sudden.
There are lots of businesses and stocks that has been affected and the one that has frequently been on the news ever since this outbreak is the Dow Jones. Apart from that we have others like Tesla Inc., DAX, S&P 500 index, Nasdaq and so many of them has been affected by the corona virus.
A lot event’s has stopped till next year, there are no more gatherings and musicians are no longer going on tours, and so many other things has been shut down completely.
There are lots of businesses and stocks that has been affected and the one that has frequently been on the news ever since this outbreak is the Dow Jones. Apart from that we have others like Tesla Inc., DAX, S&P 500 index, Nasdaq and so many of them has been affected by the corona virus.
A lot event’s has stopped till next year, there are no more gatherings and musicians are no longer going on tours, and so many other things has been shut down completely.
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?
How long will it last? What's the antidote for Corona?
Here in our country too almost all those leading businesses have all drop in the stock market. There are a lot of rumors and conspiracy about this corona virus that it is a weapon that they are experimenting and then it gone wrong then spreads but i dont know what to believe right now. My concerns is of course the people the whole world. We cannot go outside unless we are front liners which are the modern heroes. But because of this business are going broke even our cryptocurrencies. I hope this will end soon because cryptocurrency can always goes up when people are safe but those small business and labor workers that cannot go to work might starve to death.
Many people downplayed the seriousness of this virus. At the earlier time I would always see people that are using it crack jokes and not taking it serious. But, now they have seen how serious it is and they are now afraid of it. Most of our governments messed up pretty badly, if they were able to secure their borders and restrict travels, maybe this wouldn’t have spread out like this and it wouldn’t be this serious by now.
Moreover as for businesses, this is only going to be for a short time, it’s not going to be a permanent case. It’s definitely going to come to an end and the businesses that have crashed now will also recover.
Moreover as for businesses, this is only going to be for a short time, it’s not going to be a permanent case. It’s definitely going to come to an end and the businesses that have crashed now will also recover.
No one knows when it will end. Headlines like "coronavirus cure found" have mushroomed since February, but working on vaccine may take 6 to 8 months. I can't accept a statement that corona killed the economy. It wasn't merely panic around the virus.
Right now our priority is our safety because life is more important than money or any materials in this world. Many countries at this moment decreasing their economy becaude of the Corona Virus because the business establishment are close to avoid spreading the virus to other people.
Just be patient and once this nightmare are done Im really make sure every economy dumped will recover and everything will be back normal.
For the cure even the scientist already have they need to do many test needed to prove if it's works but we need to pray the antidote will kill the virus to stop dying people and because all of us our affected .
Just be patient and once this nightmare are done Im really make sure every economy dumped will recover and everything will be back normal.
For the cure even the scientist already have they need to do many test needed to prove if it's works but we need to pray the antidote will kill the virus to stop dying people and because all of us our affected .
I also think that Coronavirus is a threat and we are stagnant.
It's clearly a threat but don't say we are stagnant as we will get pass on this eventually, keep that faith alive. Sadly we will see the economy fall but we cannot lose faith. We must be strong and fight only God has the power to save humanity. The vaccine will be available as soon as possible and we must give our best contribution Stay at home and wait.
Some countries have given compensation to their population. The government of my country has offered help in providing food but I haven't received it.
Some countries have given compensation to their population. The government of my country has offered help in providing food but I haven't received it.
The strongest country which is US is now leading in the number of infected people in the world, their economy will collapse if this continue, it's really bad, we don't expect this and the longer the virus is still alive, the bigger the damage we will see, hopefully China which were able to stop the virus can help other struggling countries, allies or not.
I also think that Coronavirus is a threat and we are stagnant. Sadly we will see the economy fall but we cannot lose faith. We must be strong and fight only God has the power to save humanity. The vaccine will be available as soon as possible and we must give our best contribution Stay at home and wait.
Some countries have given compensation to their population. The government of my country has offered help in providing food but I haven't received it.
Some countries have given compensation to their population. The government of my country has offered help in providing food but I haven't received it.
This COVID-19 is really disaster to our world, it really affects so many lives, businesses, companies, etc. The community quarantine makes people stay at home and do not work temporarily and that is the reason why so many businesses that gets fall. That is also a reason why the price of the bitcoin or any other cryptocurrency falls, even though cryptocurrency is decentralized system, it is still included to the affected by the virus.
We all experience the same thing because Covid-19 is indeed a deadly virus so many do lockdown or social distancing and therefore many businesses are hampered by this and no one comes out of the house to protect ourselves from this Covid-19.
I also did a small business and it was delayed because of this I didn't know when it would be finished because so much worrying it would be even longer and the situation was even more terrible.
Btw at this time of lockdown and not allowed to leave the house what are you doing? Did you get compensation from the government?
This is indeed true, many business establishments has been forced to closed and what is hard for companies are to provide advance salaries to their employees, some are providing the 13-month pay of the workers in advance without work force in return. This has killed the economy of many country in terms of work force and production, but I can see, they are allowing companies that manufactures food for the people to operate.
At this time, we can bargain the economy of businesses, rather than to let the people killed by the novel corona virus pandemic.
In line with cryptocurrency, we have the freedom to work from home and earn from it, but with people that are not allowed to freely convert fiat to bitcoin or other crypto, I don't think our system of earning will last that long here.
At this time, we can bargain the economy of businesses, rather than to let the people killed by the novel corona virus pandemic.
In line with cryptocurrency, we have the freedom to work from home and earn from it, but with people that are not allowed to freely convert fiat to bitcoin or other crypto, I don't think our system of earning will last that long here.
@Debonaire217 which companies are those can you name them as I have never seen corporate companies pay so much in advance, and if they’re already paying them so much in advance then that country’s economy won’t crash. Furthermore I acknowledge that many people feel they’ll loose their jobs, and businessman believe their businesses will end and those fears are legit. However I feel that they should not loose hope, and instead take this time and study how they can change their business model to earn more once this virus effect fades away.
This is indeed true, many business establishments has been forced to closed and what is hard for companies are to provide advance salaries to their employees, some are providing the 13-month pay of the workers in advance without work force in return. This has killed the economy of many country in terms of work force and production, but I can see, they are allowing companies that manufactures food for the people to operate.
At this time, we can bargain the economy of businesses, rather than to let the people killed by the novel corona virus pandemic.
In line with cryptocurrency, we have the freedom to work from home and earn from it, but with people that are not allowed to freely convert fiat to bitcoin or other crypto, I don't think our system of earning will last that long here.
At this time, we can bargain the economy of businesses, rather than to let the people killed by the novel corona virus pandemic.
In line with cryptocurrency, we have the freedom to work from home and earn from it, but with people that are not allowed to freely convert fiat to bitcoin or other crypto, I don't think our system of earning will last that long here.
It is uncertain if when the virus will disappear, it will still gradually spread to nearby areas from where the pandemic virus is located, through this circumstances many traders were temporarily close which is under the supervision of the world health organization to prevent infected, therefore many of business transactions are failed to work like a gloomy whether caused of this covid-19.
It is not a matter of the virus itself, but of the reputation of the media and the world elite around it.
The whole world is quarantined - and this is precisely the main problem. Manufactures are standing, businesses are not functioning. How long will we last in complete isolation from each other?
In fact, business today is losing a lot because all production and plants have stopped, although in some countries there are exceptions. Of course, I understand that these plants, which remained fully operational, can bring a lot of problems due to ignoring the quarantine rules. But this is the problem of the spread of the virus, and if we talk about economic problems, rich people own the business and they can survive the next crisis, but what about a simple person who loses his job and who lived from paycheck to paycheck? Today begins the global challenge of financing every family. The whole world is quarantined - and this is precisely the main problem. Manufactures are standing, businesses are not functioning. How long will we last in complete isolation from each other?
It is not a matter of the virus itself, but of the reputation of the media and the world elite around it.
The whole world is quarantined - and this is precisely the main problem. Manufactures are standing, businesses are not functioning. How long will we last in complete isolation from each other?
The whole world is quarantined - and this is precisely the main problem. Manufactures are standing, businesses are not functioning. How long will we last in complete isolation from each other?
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