Corona has killed economy of many businesses - page 2.

BITCOIN4X

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Quote from: Hidden Heart on May 30, 2020, 12:10:09 PM

I agree with Your comment that, Covid19 killed Economy of any Busines. It is Very bad time, i think this Year will very painful for Many People. All types of market now down.

It happened after the world was attacked by a pandemic, but rest assured that the world is now improving and is in the process of recovering to a better stage. When we fall, there must be steps that we need to take little by little until we can finally get up. Likewise with the world and its current economic status.

Improving bilateral relations between countries, mutual support is the most rational way that comes to my mind to rebuild the world and its fallen economic status. For cryptocurrency, you can monitor how prices move and compare them before Corona attacks with current conditions, and you will know the answer.

Hidden Heart

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I agree with Your comment that, Covid19 killed Economy of any Busines. It is Very bad time, i think this Year will very painful for Many People. All types of market now down.

carter34

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Quote from: aakay on May 28, 2020, 07:13:14 AM

It has collapsed alot if businesses and is still going on to shut down more with it's end still far from sight. It's so disheartening seeing people move from 100 to 0 real fast just because of a virus whose origin still remains a mystery and also no breakthrough in finding a cure

I read is still going to be around for a longer time to come. This is really not a good news. Even though some countries have started the economic activities, it is not like in the normal time. Example the football is played without fans to make the game sweet for players and people at home. And tickets are not sold, no money comes to the game.

elisabetheva

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Quote from: rozmarine on May 26, 2020, 09:14:21 PM

corona is not a killer, corona will make the world great again Wink

I think corona is that the killer Not only business but many of us have already lost their lives and lots of are affected. there's no set time for when this may end but it'll take an extended time for Corona to form the planet great again. it'll take an extended time to recover the damage done to the economy.

for a country with large foreign exchange reserves and renewable technology, the economy will not be too disturbed, not with developing and underdeveloped countries. clearly very burdensome to be able to rise again, they will clearly need help and loans to be able to run the economy. at this time the pandemic is not over yet and we cannot imagine what would have happened if there were no drugs and vaccines for the pandemic to be finished.
obviously it's terrible not only for the economy but also for human life to be disrupted.

aakay

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It has collapsed alot if businesses and is still going on to shut down more with it's end still far from sight. It's so disheartening seeing people move from 100 to 0 real fast just because of a virus whose origin still remains a mystery and also no breakthrough in finding a cure

Nathanz

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Yes actually. A lot of economy slowly fails because of the pandemic. This kind of phenomenon happens once a century that's why we should expect that. This is really bad especially for those third world country. And it will still to continue to worsen the economy of it until they found a vaccine which I believe that will come late to those third world countries.

hahay

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Quote from: gabbie2010 on May 27, 2020, 06:01:14 AM

Quote from: silversurfer1958 on April 22, 2020, 12:21:24 PM

According to the scientists who made the vaccine, it took at least 1 year for the vaccine to prevent COVID-19 disease. But in one year this Corora virus will create many new mutant strains. This is really causing many difficulties for scientists. So it is really hard to say when this epidemic will end. And we will see the age of global recession going on. Many economic activities such as exchanging goods between countries will be paralyzed due to the border closure.

In fact the havoc caused by this pandemic is huge and scientists told us to leave with the virus in our daily life because its going to stay for a long period of time getting a vaccine is another serious concern to businesses who had already gone bankruptcy even after the pandemic the world economy will never remain as before the pandemic (recession) I hope the vaccine is hurriedly discovered else the world will continue to suffer the consequences of this damming virus.

Therefore we must obey government regulations about keeping a distance in social life when there are a large crowd of people etc., when a country is loosening the lockdown rules then every individual should have a high awareness to avoid contracting this virus, because even if we only expect vaccines for normal activities then it is a long time and thus, we cannot rely on vaccines in the near future to be able to do normal activities as usual.

PavelMed

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Quote from: Vishnu.Reang on May 27, 2020, 10:21:33 AM

The infection rates are declining, and the stock markets are now stable. The impact from this pandemic may not be as worse as it was feared before. If the situation can be contained within the next 2-3 months, then we may actually witness a major economic boost instead of recession, as a result of the stimulus measures that were announced by various governments around the world.

Right now, governments of all countries need to make informed decisions that will help bring countries to the proper level. Perhaps the US will give way to China, as their economy recovers very quickly

Vishnu.Reang

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The infection rates are declining, and the stock markets are now stable. The impact from this pandemic may not be as worse as it was feared before. If the situation can be contained within the next 2-3 months, then we may actually witness a major economic boost instead of recession, as a result of the stimulus measures that were announced by various governments around the world.

azmirihaque

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Quote from: Wysi on March 16, 2020, 03:51:15 AM

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?

Still we are uncertain how this virus will stay but we are certain that this culprit has broken down our economy. It is a matter of hope that Scientists are very near to invent the vaccine but it will take a long time to reach in the whole world. Many countries are gradually loosing the the lock down and trying to recover the economy. Yes, it may some what recover the economy but corona will increase its speed and take many valuable life until the final antidote is reaching to general public.

gabbie2010

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Quote from: silversurfer1958 on April 22, 2020, 12:21:24 PM

According to the scientists who made the vaccine, it took at least 1 year for the vaccine to prevent COVID-19 disease. But in one year this Corora virus will create many new mutant strains. This is really causing many difficulties for scientists. So it is really hard to say when this epidemic will end. And we will see the age of global recession going on. Many economic activities such as exchanging goods between countries will be paralyzed due to the border closure.

In fact the havoc caused by this pandemic is huge and scientists told us to leave with the virus in our daily life because its going to stay for a long period of time getting a vaccine is another serious concern to businesses who had already gone bankruptcy even after the pandemic the world economy will never remain as before the pandemic (recession) I hope the vaccine is hurriedly discovered else the world will continue to suffer the consequences of this damming virus.

elisabetheva

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Quote from: dupee419 on May 27, 2020, 12:56:17 AM

Numerous people have tried but there really is no 100% true antidote for the virus, anyways, many businesses have went downhill, hopefully, every country will be able to outdone and flatten the curve before August hits, some third world countries are really suffering, the economy of the whole country will even worsen if the economy of these businesses will continue to go down.

what is now being done is reducing transmission from the sick to the healthy, but not breaking the chain of transmission with certainty. so that this pandemic will continue to haunt many countries and the costs will be substantial enough to be able to handle this pandemic. Even large countries have begun to lose patience because their economies are very disturbed, especially with developing countries, there will be a prolonged economic crisis. only by finding drugs and vaccines could this pandemic make the country able to recover and reorganize its economy.

dupee419

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Numerous people have tried but there really is no 100% true antidote for the virus, anyways, many businesses have went downhill, hopefully, every country will be able to outdone and flatten the curve before August hits, some third world countries are really suffering, the economy of the whole country will even worsen if the economy of these businesses will continue to go down.

onrise

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Quote from: Guryon_master on May 25, 2020, 11:57:48 AM

Though this pandemic affected the world economy since majority of the business population has paralyzed, still there is a chance on the side of investors to earn some profit for long term investment. I'm telling because the stock market dropped and this is the perfect time to invest.

Under lowdown majorly all business are shut and due to which billions of dollars of businesses are impacted across the world . Share market had taken a huge beating in all countries and people who had invested before has lost their capital unless they continue to hold it for future . Vaccine could now solve all this problem and also we the better it is .

rozmarine

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corona is not a killer, corona will make the world great again Wink

Guryon_master

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Though this pandemic affected the world economy since majority of the business population has paralyzed, still there is a chance on the side of investors to earn some profit for long term investment. I'm telling because the stock market dropped and this is the perfect time to invest.

Rubeus_Hagrid

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The virus only shows the vulnerability of our economy, the vulnerability of people. Our task is to recognize these vulnerabilities and eliminate them. For example, a person works in a store that is uncovered. At the same time, he needs to pay rent for the apartment where he lives. He has no other housing; his parents house is far away in another city, to which there is no way. There are many vulnerabilities in this person at once. If he solves this, then he will no longer have such problems even in extreme situations, he will have everything necessary for existence.

sulendra12

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Corona has killed so many factors in industries and also especially for those who is low at money, they are ignoring the fact that corona exists and they risk their own life just to still work outside because they have nothing to do to get money. It's insane to think that, people will die for nothing because of this shit pandemic.

Wafilian

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Hard work is the most important key to success.

Most of the country of the world are affected by a coronavirus and the economy of all country are badly affected by this pandemic. Most of the businesses lost their asset because of corona and many of them forced to shut down. Coronavirus has already killed the economy of many businesses and If the coronavirus lasts long for a few years, then it will killed almost every business economy.

FanatMonet

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Quote from: Wayan_Pedjeng on May 16, 2020, 12:18:11 PM

Here in Indonesia, the situation is starting to become unbearable. A lot of people have lost their jobs, and they are surviving on savings. I know families who are not having enough food to eat. I know people who were forced to stop taking medications due to lack of money. If the pandemic is not contained in the next 2-3 months, then it is going to be disastrous.

And the government is not taking any measures to help such families? Money or food? With the help of products, they could help not only such families, but also farmers, from whom they could buy these products, and thereby help immediately both people and producers.

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