Topic: Corona has killed economy of many businesses - page 16. (Read 3459 times)
This is the first global global plague of the world I will be experiencing. And I was thinking this will only end up in China never knew it was going upon the world and aims to cripple economy of the world. If things are not done fast, there will be further devastation in the economy.
Yeah, most countries did not really take the spread of the virus seriously and now it has overwhelmed them with the number of deaths that it has claimed especially in Italy and China. This has really slowed economic activities worldwide and frankly speaking i don't think the spread of the virus is going to go down any moment from now. Better to get some passive income earning source for the time being.
How could anyone think that billions of dollars lost all around the world, maybe a combined over a trillion dollars lost will not affect the economy. And more importantly how can governments help the huge companies with troubles so they could literally buyback their own shares with that money?
How is that helping the world, at best case you are buying it for people who had enough money to buy shares from those companies, not horrible, that is cool, however it is not enough AT ALL. We are in a situation where even republican Americans are saying there should be one time payment to all citizens so the world can continue to turn.
Giving 1000 dollars to every single american would cost less than 400 billion dollars, every single country could do that with their own national currency and whatever would help, governments are getting our taxes so they could do something with it, right now it is time they pay us back because we can't anymore.
How is that helping the world, at best case you are buying it for people who had enough money to buy shares from those companies, not horrible, that is cool, however it is not enough AT ALL. We are in a situation where even republican Americans are saying there should be one time payment to all citizens so the world can continue to turn.
Giving 1000 dollars to every single american would cost less than 400 billion dollars, every single country could do that with their own national currency and whatever would help, governments are getting our taxes so they could do something with it, right now it is time they pay us back because we can't anymore.
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?
covid-19 is the same as other types of coronaviruses, where the virus can be removed with the disinfectant that is on every soap and another cleanser. the most important thing right now is how we maintain our cleanliness and break the chain of the spread of this virus. the most difficult to handle is the spread of this virus because its spread is arguably very easy.How long will it last? What's the antidote for Corona?
It can't be helped, it's already at the pandemic level. I hope this will end soon and life activities can proceed normally, so I feel this economic crisis will soon improve.
It is a very worse and bad time for any kind of business without medicine. Not only local market but also international market bear the huge losses for corona virus (COVID- 19). There are few antidotes given or we knew it the name of antidotes.
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?
Until we find a vaccine (what will take about 1 year from now) the only good strategy is social distancing. If we don't interact with people in a close range, we can not spread the virus. If they virus isn't spread the newly infected will go down and life can go back to normal. The following month will be hard, but I am confident that we can do it, if we stricly follow the rules.
One year from now with the same situation, I guess the economy would really fall if that happened, they should find the vaccine the soonest possible time as if not, since the number of people infected are increasing rapidly in a daily basis, we might see millions of people get infected and maybe hundred thousands of people would die due to this pandemic.
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?
Until we find a vaccine (what will take about 1 year from now) the only good strategy is social distancing. If we don't interact with people in a close range, we can not spread the virus. If they virus isn't spread the newly infected will go down and life can go back to normal. The following month will be hard, but I am confident that we can do it, if we stricly follow the rules.
Big ones will figure out a way but small ones are going to get killed with this. There is even talks about big companies not being allowed to do share buybacks, think about it, if a company is doing SO BAD why would they want to buy their shares back with the help they get from the government, they should be focusing on paying all of that money to workers and debts and so forth in order to survive. If they are doing buybacks that means they are not doing all that bad, they must be doing alright if they have nothing else they want to spend the money on.
Normally, if a small company gets help, they would pay their workers first, then their rent, then their debts, like whatever "costs" they have, they will want to cover that. Big companies are not like that. When you fire 10k people from your company you literally save tens of millions of dollars per month, that is how they figured out they could save money from that and buy their shares back.
Normally, if a small company gets help, they would pay their workers first, then their rent, then their debts, like whatever "costs" they have, they will want to cover that. Big companies are not like that. When you fire 10k people from your company you literally save tens of millions of dollars per month, that is how they figured out they could save money from that and buy their shares back.
Even though there are still no confirmed or effective antidote for the Corona virus or the ncov-19, we could see positive events happening around the globe. One by one countries begins to understand and becomes cooperative in fighting the virus. People need to abide in the regulations of the Government for orderliness and unity. Like in China, news tells that gradually they are now recovering from it, even with no antidote, just by quarantining people that are infected, little by little, rate of infection or the spread of the disease has decreased.
Sooner, I believed that we will overcome this virus once and for all and hoping for a gradual recovery also in the economic part of the society.
Sooner, I believed that we will overcome this virus once and for all and hoping for a gradual recovery also in the economic part of the society.
For sure, we will surpass this situation. Let us hope that they will release the vaccine sooner than what they are claiming to be another year or 18 months.
Can they determine the potency in a shorter period of time?
Since we have more advanced technology than before, I guess they can assess the potency without waiting that long.
right . technology now are more advance than before so i dont think itll take for too long to formulate and test everything but i think they already have it now .
cant you see that many countries are now back to normal and confidently said they are now free from the virus ? the only problem here is the dirstribution of the medications i think because some governments are slow and cant accomodate many people at a time , thats why we saw slow progression on other affected countries .
Even though there are still no confirmed or effective antidote for the Corona virus or the ncov-19, we could see positive events happening around the globe. One by one countries begins to understand and becomes cooperative in fighting the virus. People need to abide in the regulations of the Government for orderliness and unity. Like in China, news tells that gradually they are now recovering from it, even with no antidote, just by quarantining people that are infected, little by little, rate of infection or the spread of the disease has decreased.
Sooner, I believed that we will overcome this virus once and for all and hoping for a gradual recovery also in the economic part of the society.
Sooner, I believed that we will overcome this virus once and for all and hoping for a gradual recovery also in the economic part of the society.
For sure, we will surpass this situation. Let us hope that they will release the vaccine sooner than what they are claiming to be another year or 18 months.
Can they determine the potency in a shorter period of time?
Since we have more advanced technology than before, I guess they can assess the potency without waiting that long.
It's true. And someone needs it very much that they decided to take such a step so that people die for the sake of some money that will not remain with you, unlike karma.
Even though there are still no confirmed or effective antidote for the Corona virus or the ncov-19, we could see positive events happening around the globe. One by one countries begins to understand and becomes cooperative in fighting the virus. People need to abide in the regulations of the Government for orderliness and unity. Like in China, news tells that gradually they are now recovering from it, even with no antidote, just by quarantining people that are infected, little by little, rate of infection or the spread of the disease has decreased.
Sooner, I believed that we will overcome this virus once and for all and hoping for a gradual recovery also in the economic part of the society.
Sooner, I believed that we will overcome this virus once and for all and hoping for a gradual recovery also in the economic part of the society.
At the moment we can only try to predict how is this going to end, with how much damage but true situation and all the consequences will be visible few months after all this ends. However, I'm afraid that we will have long term bad influence on economies that will be not so easy to repair. This might be the final trigger for world recession and no one can't tell how long is this going to last.
As the vaccine has not been discovered yet, the more our economy will suffer, everyday the number of infected people has been rapidly growing and though a specific countries are only affected but still globally it would affect the economy as most of the affected countries are major economic leaders in the world.
The only solution to this market struggle now is to find the cure for the virus, then everyone can do their usual things and together we will help our economy to recover.
It is the reason why there are market crashes in different financial instruments. Right now many stocks, indices and cryptocurrencies are continuing to go down because of the pandemic. There are now many businesses and establishments that are forced to close because of the virus that can continue to spread. I know that the market will recover again after this crisis. The only solution to this market struggle now is to find the cure for the virus, then everyone can do their usual things and together we will help our economy to recover.
Ii have different opinion with Corona virus although killed many business but other side we can buy and invest with some project when price down, maybe without corona virus we can get buy and invest with bitcoin in lower price and bitcoin keep on higher price above $10,000.
Indeed, when the virus are appeared and spread all over the countries, the presidents has an ordered to stop all the unessential business without related in health or people need. So that many businesses are shutdown now. This order can prevent the virus from spreading because the virus has a high rate of spreading when in crowded places that's why the government has ordered it. The thing that we contribute in these cases is to keep ourselves clean and strong for the virus.
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?
Now the people who infected in Chinese have been reducing, the health workers have an antidote to dope the people who infected.How long will it last? What's the antidote for Corona?
I hope this news will be good information and push many people to don't thinking and feel burdened with this virus.
Because as we know this virus will hit the people who have low immunity cells, for those who have good immunity they will be hard to be infected.
I have been felt how this virus makes my income reduced, I don't have any work right now and the economy in my country has started to decline.
And yeah, there is no one who will know when this pandemic end and the situation back to normal.
I believe that the situation will be back to normal if there will be commercial vaccine that will be available to everyone. But we are counting months and months from now as they are still in the trial phase. If people will get a shot of this vaccine, people will be more confident in going out and return to business. But til then, I don't think we will be seeing the normalcy very soon.
As the vaccine has not been discovered yet, the more our economy will suffer, everyday the number of infected people has been rapidly growing and though a specific countries are only affected but still globally it would affect the economy as most of the affected countries are major economic leaders in the world.
The only solution to this market struggle now is to find the cure for the virus, then everyone can do their usual things and together we will help our economy to recover.
China's casualties is now getting better as they already find something to contained and fight back the virus, if this solution will be proven to The only solution to this market struggle now is to find the cure for the virus, then everyone can do their usual things and together we will help our economy to recover.
resolve this pandemic virus then the market will be on it's way to bounce back.
We only need to wait and keep holding as long as we still have the capabilities good thing will come after this downfall..
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?
Now the people who infected in Chinese have been reducing, the health workers have an antidote to dope the people who infected.How long will it last? What's the antidote for Corona?
I hope this news will be good information and push many people to don't thinking and feel burdened with this virus.
Because as we know this virus will hit the people who have low immunity cells, for those who have good immunity they will be hard to be infected.
I have been felt how this virus makes my income reduced, I don't have any work right now and the economy in my country has started to decline.
And yeah, there is no one who will know when this pandemic end and the situation back to normal.
As the vaccine has not been discovered yet
US already did their first vaccination trial actually, let's just wait what result it could bring to them. If it will be positive then good for us — if we could not kill the virus for now then having a shield against it is a huge help 
.the more our economy will suffer, everyday the number of infected people has been rapidly growing and though a specific countries are only affected but still globally it would affect the economy as most of the affected countries are major economic leaders in the world.
That was sad to know. Though rich countries such as China and Japan are now recovering, small countries who are infected as well are just starting to mature. Plus with undisciplined countrymen, the rate of spreading rises 
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