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Topic: Corona has killed economy of many businesses - page 5. (Read 3429 times)

hero member
Activity: 2856
Merit: 673
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?

Most business will have no choice but to innovate to provide services that are essential to man. I thought think that these Businesses will be closed for long. New Cultural and social habits will be introduced to reduce the spread of the virus significantly till the treatment is discovered. I believe there will be a disruption of businesses that will spring up in the POST CONVID

What is sad is that many people will not be able to cope with this new change.

Its easier for certain businesses but not all of them. Take hair dressors for example. How are they suppose to keep a distance between the hair they cut? They really can't. I heard that the virus can be transmitted thru the hair, so how can the barbers touch the hair to cut it without getting infected? Use gloves. Will make it very difficult in my opinion.

Other businesses such as auto dealers are not as bad. Basically just let people test drive the car alone, santize it after and before. And you can do the paper work and everything from online and home.

So its based on businesses like these that make a huge difference whether the economy will survive or not.

I am also curious why the government allows a salon to operate, it is not under GCQ in our country or general community quarantine but they say proper self distancing is needed, however, you can't do that with a salon, something is wrong with the implementation I must say.
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
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?

Most business will have no choice but to innovate to provide services that are essential to man. I thought think that these Businesses will be closed for long. New Cultural and social habits will be introduced to reduce the spread of the virus significantly till the treatment is discovered. I believe there will be a disruption of businesses that will spring up in the POST CONVID

What is sad is that many people will not be able to cope with this new change.

Its easier for certain businesses but not all of them. Take hair dressors for example. How are they suppose to keep a distance between the hair they cut? They really can't. I heard that the virus can be transmitted thru the hair, so how can the barbers touch the hair to cut it without getting infected? Use gloves. Will make it very difficult in my opinion.

Other businesses such as auto dealers are not as bad. Basically just let people test drive the car alone, santize it after and before. And you can do the paper work and everything from online and home.

So its based on businesses like these that make a huge difference whether the economy will survive or not.
member
Activity: 560
Merit: 13
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?

Obviously mate this disease has bombarded the entire globe, just imagine how a daily wage labor will survive in this wierd situation??? It has not only affected the business and economy it is also disastered the daily life as well. Once after the lockdowns end many of the manufacturing companies will send their employees home I mean based on their requirement, people will be running out of money...it's pretty hard to imagine how the situation might be in upcoming days, God this pandemic will be remembered till decades.

full member
Activity: 448
Merit: 100
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?

Most business will have no choice but to innovate to provide services that are essential to man. I thought think that these Businesses will be closed for long. New Cultural and social habits will be introduced to reduce the spread of the virus significantly till the treatment is discovered. I believe there will be a disruption of businesses that will spring up in the POST CONVID

What is sad is that many people will not be able to cope with this new change.
member
Activity: 889
Merit: 10
currently This co-19 pandemic was first hit outside of China which relied on state factories in the giant Asian economy for materials and spare parts - known as "semi-finished goods". to make their own products. But Chinese factories stop the operation much longer than expected because the authorities are trying to control the virus.
as more countries impose lockdown measures, the majority of Munakfutur companies fail. some were forced to close temporarily, while those who remained open faced restrictions in getting supplies of semi-finished goods and materials.
full member
Activity: 2408
Merit: 202
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?
  Corona virus is a big challenge to the businesses and to the world,  corona stop the flow of the money because many cities, countries and etc are  under going lockdown many business will postpone or will stop operating and it is the big factors that the business are on the risk
Actually we cannot consider that as challenge but instead this is a
catastrophic and should be taken seriously
 by the government and by the people inside this.we have been in
may epidemic recently but not like
this one in which shaken the whole world and Kills more than a hundred
times from the past,so we must not
 put this as challenge instead a worldwide bad condition though i believe
 that this will come good sooner but not that fast.
member
Activity: 246
Merit: 13
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?
  Corona virus is a big challenge to the businesses and to the world,  corona stop the flow of the money because many cities, countries and etc are  under going lockdown many business will postpone or will stop operating and it is the big factors that the business are on the risk
hero member
Activity: 742
Merit: 507


It will just die on its own after 2 weeks of isolation?

Lucky are the ones who are not friendly when virus plague an entire continent. Unfortunately for the virus is that its strain isn't so strong but can only be fatal to the ones with weak health conditions. If you have no heart disease or diabetes you are not safe to join a social gathering for the virus can easily get into your system. Cities are lockdown and if it continues for another month, looting and killing will be another problem.
Yes, the level of crime is growing, because many people do not have stocks of money, and if they are left without work, they often have the choice between starving to death or committing a crime to buy corny food. And only the help of the government, primarily food, can help with this.
At the same time, both the manufacturers of the products and the people themselves are in the plus.
sr. member
Activity: 1540
Merit: 255
Many business project down after corona virus, not have space for business keep building during corona virus because government have stop all business and make many people lost their job. Without process almost business will close in this year if corona virus still running for long time.

If they allow shops mean the virus will spread even very faster and already we have seen how the US country facing with the affected persons. This is the best way, to control the virus, we can earn money later if we are alive otherwise, we might lose lives with the virus because daily we are seeing many people are losing their lives.
hero member
Activity: 3038
Merit: 647
maybe some countries will grow faster and more stronger than before, maybe many new faces will come forward after this pandemic.
I don't really think there's a country that would surpass the status of the big country, this is a global pandemic, every country is affected.
Maybe China, but they belong to the major countries already, so maybe after the pandemic, they will beat the US in terms of economic standing.

Right now, I am more concern on how this pandemic would end, after this, we will rise together and start to recover.
Corona has not killed the economy yet, otherwise, it's useless to try to recover.
full member
Activity: 145
Merit: 104
This world faced this kind of economy shutdown before also, but this was the biggest one that world faced before, china lost millions $ just within some days and it was the first drop-down of their economy since January, 1990. Also US having their first bear market in 11 years. It will take a log fight for all the countries to come back to their old economy track, maybe some countries will grow faster and more stronger than before, maybe many new faces will come forward after this pandemic.
copper member
Activity: 262
Merit: 1
The coronavirus shutdown of 2020 is maybe the the largest part remarkable interruption to commonplace time in novel history. It has been spoken about as a war. Already most of the countries in lockdown which might lead to huge economic downfall. the only business that going to make money now is pharmacy and food-related business. as for crypto, it strength fall down too as precise right now public necessitate hard cash other than everything.
member
Activity: 1302
Merit: 10
so far, this virus not only killed people in my country but also several people were kicked out of their jobs because of this pandemic. however, until now there has been no vaccine that can actually block this virus. Well, based on what I know, to get the medicine, it takes a long time to test the drug activity.

I don't understand why would they be kicked out of their jobs. Here in our country, obviously there are a lot of people that have no jobs or works but that doesn't mean that they are kicked out of their jobs too. They are not working because most of them are working in places that are banned right now. The worse here are those people which are included in no work no pay jobs.
this is a chain disease, if people are still in the activity of gathering outside something public or at work this is very dangerous because the disease is transmitted quickly to people quickly. so it's appropriate for the government to instruct it to stay home. to anticipate this disease to spread widely and will not let all the people die that way. and the government will not let the people die because of hunger, the government will certainly help with the food needs of their daily lives
member
Activity: 686
Merit: 30
i think if people really listen to goverment , it will end just with 2-3 month , but some "dumbass" people think they are strong and didnt listen get infected and affect people so it get more last longer
member
Activity: 132
Merit: 10
Many business project down after corona virus, not have space for business keep building during corona virus because government have stop all business and make many people lost their job. Without process almost business will close in this year if corona virus still running for long time.

yes the impact of the corona virus is very extraordinary various industrial sectors have decreased production and goods can not be distributed, this makes the economic crisis becomes weak.
I hope that as soon as scientists get a cure for the corona virus, life will return to normal as before
hero member
Activity: 1722
Merit: 508
Many business project down after corona virus, not have space for business keep building during corona virus because government have stop all business and make many people lost their job. Without process almost business will close in this year if corona virus still running for long time.
member
Activity: 515
Merit: 12
There are a lot of shops closed, and beauty salons also, many unemployment people, the entire situation is not sad, but desperate for many people. Governments has to open the door to engage the economic motors, it's time to let people work.
sr. member
Activity: 1638
Merit: 300
so far, this virus not only killed people in my country but also several people were kicked out of their jobs because of this pandemic. however, until now there has been no vaccine that can actually block this virus. Well, based on what I know, to get the medicine, it takes a long time to test the drug activity.

I don't understand why would they be kicked out of their jobs. Here in our country, obviously there are a lot of people that have no jobs or works but that doesn't mean that they are kicked out of their jobs too. They are not working because most of them are working in places that are banned right now. The worse here are those people which are included in no work no pay jobs.
member
Activity: 546
Merit: 24
As of this day corona virus is in a very serious stage since the number of being affected are  totally hundreds of thousands and the death troll is increasing. That's why world lockdown is still implemented and many countries including our country is under this situation now a days. We  are hoping that this corona virus will end soon and the vaccine for this virus will become available because world economy are continuously affected and thousands of people suffering this catastrophic event in the history.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
so far, this virus not only killed people in my country but also several people were kicked out of their jobs because of this pandemic. however, until now there has been no vaccine that can actually block this virus. Well, based on what I know, to get the medicine, it takes a long time to test the drug activity.
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