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Topic: Corona has killed economy of many businesses - page 18. (Read 3429 times)

full member
Activity: 271
Merit: 101
now we kinda provocative a real big crisis cause they closed a lot of things almost till may and the things is if they think social distance is the only cure we are f"ked
hero member
Activity: 2814
Merit: 576
Indeed the reality is like that, an economic crisis occurred because some businesses suffered losses due to the effects of
the corona virus. I am who have a business in the food sector affected by the corona virus, were forced to close my business.
Because my country's government does lock down for two weeks. If the corona virus is not immediately stopped its will be
very dangerous for the world economy. It can even increase poverty, because many business owners go bankrupt.
We maybe owners of businesses or just simply consumers, we have no control of the situation so we should know how to abide with the rules of the government. It's not totally bad if our businesses were killed at the moment but atleast we still have chances to get back once this virus will be totally killed making the flow of the market gets normal again.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
Indeed the reality is like that, an economic crisis occurred because some businesses suffered losses due to the effects of
the corona virus. I am who have a business in the food sector affected by the corona virus, were forced to close my business.
Because my country's government does lock down for two weeks. If the corona virus is not immediately stopped its will be
very dangerous for the world economy. It can even increase poverty, because many business owners go bankrupt.
Indeed. Most businesses have stopped due to these global pandemic of the corona virus that only pharmacies and markets are the only ones that are not forced to close because people needs these establishments to provide the things that they need while they are staying inside their homes.

   Today the president of my country said that this situation will last for 6 weeks or more. 6 weeks is some minimum, and that is
long. After two weeks many people lost a lot of money, some lost their jobs, everything is closed, and economically situation will
get worst than it's now.
   But we can't do anything except to stay calm and to try to survive. I wish good health to everyone, each of us will lose some
money, but it's better to lose some money than to lose life or someone close.
   
sr. member
Activity: 966
Merit: 274
Indeed the reality is like that, an economic crisis occurred because some businesses suffered losses due to the effects of
the corona virus. I am who have a business in the food sector affected by the corona virus, were forced to close my business.
Because my country's government does lock down for two weeks. If the corona virus is not immediately stopped its will be
very dangerous for the world economy. It can even increase poverty, because many business owners go bankrupt.
Indeed. Most businesses have stopped due to these global pandemic of the corona virus that only pharmacies and markets are the only ones that are not forced to close because people needs these establishments to provide the things that they need while they are staying inside their homes.
full member
Activity: 1736
Merit: 116
Indeed the reality is like that, an economic crisis occurred because some businesses suffered losses due to the effects of
the corona virus. I am who have a business in the food sector affected by the corona virus, were forced to close my business.
Because my country's government does lock down for two weeks. If the corona virus is not immediately stopped its will be
very dangerous for the world economy. It can even increase poverty, because many business owners go bankrupt.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
I think the time to make sure this problem will end cannot be ascertained and also, about the antidote itself seems to still not get the right formula so far but even so, at least the drug or antidote for this corona continues to be developed and we can only hope for the best because it is very clearly, if this problem cannot be resolved as soon as possible then the global crisis will definitely make the situation worse.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
I don't think it is the economy that we should be worried about , it is actually the people.

People make the nation , they make the economy , if people are going to be sick and the government keeps ignoring the fact that is for the welfare of the people not to  actually use people , it would be able to do more good for everyone .

The economy is dependent on the people , if people are not healthy enough to work , they won't be able to support the economic.
Correct the entire economy relies on how the people around are working together, with such unhealthy society the economy will suffer. It's needed to have good communication between the government and the people who are working and helping the entire industry. It should be well balance.
hero member
Activity: 1862
Merit: 830
I don't think it is the economy that we should be worried about , it is actually the people.

People make the nation , they make the economy , if people are going to be sick and the government keeps ignoring the fact that is for the welfare of the people not to  actually use people , it would be able to do more good for everyone .

The economy is dependent on the people , if people are not healthy enough to work , they won't be able to support the economic.
full member
Activity: 812
Merit: 104
🎄 Allah is The Best Planner 🥀
I accept as true with you but it isn't just India No Italy Spain Spain Iran has stopped everything in many places round the world and therefore the economics of each country is now under threat. the standard people live a way poorer life they can't get out Business is closed to business and therefore the economy is slowly declining But if it's possible to stop it then everything will return to its original place.
sr. member
Activity: 1974
Merit: 453
I think many businesses killed economic by Corona virus and almost country have got their money value down, many people panic with Corona virus situation because thousand people around the world get corona and many of them was pass away, we can see how drastically cases in Italy every day.

Here in India, the number of confirmed cases are still very low (<200). But the economy has come to a standstill even in rural areas. Almost all the restaurants are closed, and movie theaters and shopping malls are not going to open for the next 1-2 months. IT employees like me are now working from home and most of the migrants in big cities have gone back to their towns and villages. And there is hardly any traffic in the roads, as people are venturing out only in case of extreme emergency. Now imagine how much impact this can have on the economy.
hero member
Activity: 1722
Merit: 508
I think many businesses killed economic by Corona virus and almost country have got their money value down, many people panic with Corona virus situation because thousand people around the world get corona and many of them was pass away, we can see how drastically cases in Italy every day.
full member
Activity: 1750
Merit: 118
Many Company forced to shutdown because of the effect this pandemic. Specially those company who made business with China, it was there supplyer of there materials. But now as I observed global is suffering about this disease. I hope this will end soon.

Yes because the drug was invented to cure the disease or because the Chinese Embassy said that China has been much easier than before and has been able to prevent the virus. But till now trade in different places of the country has stopped because it has spread to many countries.

Today, we received very positive news from China: there has not been a single case of a new coronavirus disease in the past 24 hours. But new cases have been recorded in those who have now returned home from Europe. They were all quarantined. And now China has gone from an exporter of coronavirus to an importer of infection.
Many industrial enterprises have resumed their work.

oh really ? thats a nice news man  . china is the first to hit the virus and many people died and many business were affected so its nice to know that the country was now corona free  .

i think that is also the reason on why btc are going back to normal now because many chinese are now going back to thier work    . i just hope that other country will catch up too asap so that the recovery of all cryptos not just btc are now going to be succesful because there are still a major event that people are waiting and one of it was halving  .
legendary
Activity: 2268
Merit: 1655
To the Moon
Many Company forced to shutdown because of the effect this pandemic. Specially those company who made business with China, it was there supplyer of there materials. But now as I observed global is suffering about this disease. I hope this will end soon.

Yes because the drug was invented to cure the disease or because the Chinese Embassy said that China has been much easier than before and has been able to prevent the virus. But till now trade in different places of the country has stopped because it has spread to many countries.

Today, we received very positive news from China: there has not been a single case of a new coronavirus disease in the past 24 hours. But new cases have been recorded in those who have now returned home from Europe. They were all quarantined. And now China has gone from an exporter of coronavirus to an importer of infection.
Many industrial enterprises have resumed their work.
full member
Activity: 896
Merit: 236
No one can tell when this corona virus will end, maybe not even scientists that keeps on doing everything they can to make antidotes and medicine for this virus. And yes, the economy and stock market keeps on suffering from this pandemic. It is very sad and alarming but there's nothing else we can do to stop this except for following the government's rule and implementations about how to keep ourselves safe to lessen the possibilities of getting this deadly virus.
If this will continue for some more months then surely we have many other casualties in many ways as in third world countries workers going for daily wages will go down and many other small businesses also suffer with big loses which are not easy to recover we are in just start and have very serious impact as many are afraid of job loses and other issues for coming days.
member
Activity: 634
Merit: 10
No one can tell when this corona virus will end, maybe not even scientists that keeps on doing everything they can to make antidotes and medicine for this virus. And yes, the economy and stock market keeps on suffering from this pandemic. It is very sad and alarming but there's nothing else we can do to stop this except for following the government's rule and implementations about how to keep ourselves safe to lessen the possibilities of getting this deadly virus.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
Indeed so many businesses are affected right now I think every business are being affected,
The only business that is doing great right now is the medical and food fields other business are losing some profit.
Yes, the most pronounced price increases are drugs, especially antiseptics, and also food. in the fields of health, and food, it looks like their business increase has reached hundreds of percent. Well, this is happening at health centers in my area. however, businesses such as gold, oil, and crypto, seem to experience a pretty severe effect from this.
sr. member
Activity: 1176
Merit: 301
Indeed so many businesses are affected right now I think every business are being affected,
The only business that is doing great right now is the medical and food fields other business are losing some profit.
sr. member
Activity: 1148
Merit: 268
Many Company forced to shutdown because of the effect this pandemic. Specially those company who made business with China, it was there supplyer of there materials. But now as I observed global is suffering about this disease. I hope this will end soon.

Yes because the drug was invented to cure the disease or because the Chinese Embassy said that China has been much easier than before and has been able to prevent the virus. But till now trade in different places of the country has stopped because it has spread to many countries.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
I think the antidote is still being sought and developed at this time. I have not heard that an antidote for this virus has actually been found. besides, leading to business, even this economy is quite difficult. it's just that, I don't think that crypto can be affected by this. I thought that the safe investment was in crypto, but seeing the current price down, it made me think that almost all types of investments were paralyzed.
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
My cousin has a 20 rooms hotel...
My business deals with corporate events (MICE), and.. I have zero inquiries after the corona came to visit my country.
Luckily, my company managed to earn big up to that moment, and we have pretty much zero inventories.

Well, my source of income now practically only from the signature campaign. Grin
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