Corona has killed economy of many businesses - page 6.

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Quote from: Wysi on March 16, 2020, 04:51:15 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?

Right now, we are still into the serious manner since the number of cases have already rise up surpassing the 3 million infected cases world wide. This pandemic really have a serious effect on every sectors of the world bringing down the economic state of different countries infected by this virus. As of this moment, there is still no proven or tested medication for this virus because the WHO and the scientists around the world is still working on finding a cure for this pandemic. With such information, we still do not know when will this crisis or situation will end. What the good thing as for now is that the increase of number of cases is slowing down due to lockdowns being implemented by the government of different countries.

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Presently, no antidote and the only way to stay safe is to comply by the basic rules as provided by WHO. The end is something that nobody can ascertain but it has a very negative impact on the economy of countries and world at large

fudster

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What we can do it just to wait until someone out there has the vaccine. Waiting means isolating from the rest and surviving, while we are still in the first wave of the virus. They say the 2nd will be more damaging which maybe 30% of the population will be wiped out. That's very tragic.

For a family man with a kid, he has the worse situation in his life and business and economy isn't going to be in his mind. None of these businesses matter as the family is more important.

AS2301

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What will be next step by bigger economies in terms of workforce migration? will it stop completely as many predicting this epidemic to resurface in near future. and the kind of struggle people had to deal with in other countries where they work and due to lockdown they got stuck with no much of resources. will it affect the future of many industries?
What will be role of countries like India and Brazil in coming years in terms of bounce back where all are not looking at china as option to outsource their business in near future
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https://www.thelyricswaale.com/2020/04/bout-my-business-lyrics.html

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Quote from: Wysi on March 16, 2020, 04:51:15 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?

These events occurred in almost all the countries affected by the economic crisis in almost all countries coronavirus will end if everyone in the world to listen to the rules of the government ban. For example, in countries such as Indonesia, Vietnam, Malaysia, which prohibits meetings prohibit all wedding party was arrested, banned the meeting in a place of worship for everyone to prevent the spread of coronavirus, which will be lost if the coronavirus that is exposed directly to the hospital checked by a doctor to be recovered if this happens continuously, it will be lost coronavirus.

Japinat

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Quote from: Smitty Werben Man Jensen on April 25, 2020, 06:58:16 AM

if you want everything to be normal, then there will be sacrifices to be made, absolutely right, Lockdown is one of them,
indeed this is affected is the economic sector, all businesses are quiet, that is the impact, but I am sure if everything ends normally,
everything will work as usual

Of course, we should think positive and although our government has never said that they already created the vaccine, but they assured us that the pandemic will be over, our lives will be back to normal but it's not gonna be instant, some business industries will still struggle and maybe they will recover but it's gonna be slowly.

We are not prepared for this, if this is a bio warfare created by heartless people, then our government has to ensure they are ready for the next wave, otherwise, we will go back again to what we are experiencing now.

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Many people lost their work and many business have stop working more than two months after corona virus effect, we always ask when this pandemic end for we can continue working again and keep get money for our needed in daily day. Big problem during this corona effect because make many people have frustrated how to get money.

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Quote from: TastyChillySauce00 on April 24, 2020, 09:53:51 AM

Quote from: Maestro75 on April 24, 2020, 07:16:25 AM

The OP is concerned and talking about businesses crumbling while the real issue is the survival of mankind. Am not sure many people care now about business surviving.

Quote from: julius caesar on March 16, 2020, 07:04:02 AM

We do not have any idea if how long it will last because it already spread all over the world. I just hope that people will now find a solution to stop the transmission of this virus. Lets just pray for those people who is infected that they will be able to heal sooner or later.

This makes it very bad because no one has a clue of how to end it. Even China which was rumored to have no new traces is unofficially having people who are covid infected. I have heard stories of undocumented visitors in China isolated and treated in hotels on their own private expenses, not from government.

People nowadays are too dependant to the current economic system and if it's to fall there'll be chaos everywhere. Just Imagine a chaos amid pandemic it will become a catalyst that could potentially drives human into extinction and there's reason why some people are really worrying about their business. Most of people nowadays doesn't have a land to cultivate some vegetables or fruit nor to raise chicken, most of them just have paper called money which could become useless if we are running out of resources.

this infectious disease can kill more people than the combined world wars I and II, this is very dangerous. in this situation it is not wise for all types, political power to only consider their own political needs and ignore human life. and this death globally has reached the death toll of this an extinction of people
if so far have not found an antidote to the drug covid-19 may not have been stopping so on will take its toll...?

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Quote from: Japinat on April 25, 2020, 06:06:35 AM

Quote from: Bagaji on April 25, 2020, 05:57:58 AM

Quote from: ?? on ??

Quote from: Bagaji on April 24, 2020, 03:37:45 PM

One cannot tell when exactly the end of this Pandemic will last since there is no possible way stopping the virus from spreading and its effect on human life. We do hope that it will not take time for the antidote to be made available for that is the only way one can talk if the economy.

Business is not destroyed by the virus itself, but by quarantined measures.
Sweden, in which quarantine has not been introduced, already shows a negative trend in the number of infected per day, while other developed countries with quarantine are still at the peak in the number of new cases.

Well you should remember that it was the virus that brought the issue of quarantine measure that are in place now around the world. What measure are you guys using in Sweden that has reduced the numbers of infection in your country so that other countries of the world can learn since all the measuresin place now are try and error.

The main source of the problem is the corona virus, there will be no quarantine measures if there is no virus, why is ti so complicated for others to understand? What do they want, they like people to still go out in the street and infect each other just to go on with the business? i guess that is crazy.

if you want everything to be normal, then there will be sacrifices to be made, absolutely right, Lockdown is one of them,
indeed this is affected is the economic sector, all businesses are quiet, that is the impact, but I am sure if everything ends normally,
everything will work as usual

Japinat

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Quote from: Bagaji on April 25, 2020, 05:57:58 AM

Quote from: ?? on ??

Quote from: Bagaji on April 24, 2020, 03:37:45 PM

One cannot tell when exactly the end of this Pandemic will last since there is no possible way stopping the virus from spreading and its effect on human life. We do hope that it will not take time for the antidote to be made available for that is the only way one can talk if the economy.

Business is not destroyed by the virus itself, but by quarantined measures.
Sweden, in which quarantine has not been introduced, already shows a negative trend in the number of infected per day, while other developed countries with quarantine are still at the peak in the number of new cases.

Well you should remember that it was the virus that brought the issue of quarantine measure that are in place now around the world. What measure are you guys using in Sweden that has reduced the numbers of infection in your country so that other countries of the world can learn since all the measuresin place now are try and error.

The main source of the problem is the corona virus, there will be no quarantine measures if there is no virus, why is ti so complicated for others to understand? What do they want, they like people to still go out in the street and infect each other just to go on with the business? i guess that is crazy.

Bagaji

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Quote from: ?? on ??

Quote from: Bagaji on April 24, 2020, 03:37:45 PM

One cannot tell when exactly the end of this Pandemic will last since there is no possible way stopping the virus from spreading and its effect on human life. We do hope that it will not take time for the antidote to be made available for that is the only way one can talk if the economy.

Business is not destroyed by the virus itself, but by quarantined measures.
Sweden, in which quarantine has not been introduced, already shows a negative trend in the number of infected per day, while other developed countries with quarantine are still at the peak in the number of new cases.

Well, you should remember that it was the virus that brought the issue of quarantine measure that are in place now around the world. What measure are you guys using in Sweden that has reduced the numbers of infection in your country so that other countries of the world can learn since all the measuresin place now are try and error.

Viscore

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Quote from: Sirait on April 24, 2020, 06:52:38 PM

Quote from: eyien on April 24, 2020, 04:41:59 PM

I think the problem is not in the coronavirus but in the noise and speculation that is presented in press

the media really ruined everything, the domino effect created was completely unexpected, if the media didn't exaggerate the news about this virus, I'm sure the economy wouldn't be this bad

I think we should assume that this virus is not too dangerous, but still, keep a distance and protect yourself with a mask or disinfectant liquid

The media are just doing right, even if they exaggerate it a bit, we can still see the effect of the covid-19 as this is a global crisis, the fact that we are under lock down, that means no business for us to go outside and do the usual things we do and no business would grow if people are ordered to stay at home.

one big evidence that the country are already in big crisis is when the country printed money, and USA did that despite the fact that they are the most powerful country on earth, now let's ask ourselves, how much more on the effect of smaller countries?

FlightyPouch

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Quote from: Bagaji on April 24, 2020, 03:37:45 PM

One cannot tell when exactly the end of this Pandemic will last since there is no possible way stopping the virus from spreading and its effect on human life. We do hope that it will not take time for the antidote to be made available for that is the only way one can talk if the economy.

Well, we can stop the virus as we are doing safety precautions against it like social distancing, advertisements warning us to not go to places where a lot of people gather, no gatherings, always wash our hands, those are just some of the ways to stop or contain the virus and minimize the damage it has in a country. What we don't have is the vaccine that will end this pandemic once and for all. That is why while there is no vaccine, we should follow these precautions.

Sirait

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Quote from: eyien on April 24, 2020, 04:41:59 PM

I think the problem is not in the coronavirus but in the noise and speculation that is presented in press

the media really ruined everything, the domino effect created was completely unexpected, if the media didn't exaggerate the news about this virus, I'm sure the economy wouldn't be this bad

I think we should assume that this virus is not too dangerous, but still, keep a distance and protect yourself with a mask or disinfectant liquid

eyien

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I think the problem is not in the coronavirus but in the noise and speculation that is presented in press

Bagaji

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One cannot tell when exactly the end of this Pandemic will last since there is no possible way stopping the virus from spreading and its effect on human life. We do hope that it will not take time for the antidote to be made available for that is the only way one can talk if the economy.

bearexin

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People are focusing too much on a "cure" or a "vaccine" for some reason, I don't know if it is our brains that plays with us that whenever there is a sickness going rampant we have a vaccine for it or maybe it is the mainstream media that makes us think like this but there is really no need for a vaccine to happen. I mean sure we need a cure, that is correct, without a cure we can't really survive too long.

However we do have a sort of "cure" right now, there are couple of drugs that combined helps to recover from it, which means we can actually keep people alive long enough that they create some sort of resistance for the virus.

Moreover, the virus does evolve as well, so far it lived on animals and it survived on animals, you have to realize this virus wants to stay alive as well, when it kills you, it does itself as well, so right now the virus is trying to evolve into something that will keep the humans alive as well. All of those combined would help the human race in few months I am sure, we do not need years to wait for a vaccine.

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Quote from: Maestro75 on April 24, 2020, 07:16:25 AM

The OP is concerned and talking about businesses crumbling while the real issue is the survival of mankind. Am not sure many people care now about business surviving.

Quote from: julius caesar on March 16, 2020, 07:04:02 AM

We do not have any idea if how long it will last because it already spread all over the world. I just hope that people will now find a solution to stop the transmission of this virus. Lets just pray for those people who is infected that they will be able to heal sooner or later.

This makes it very bad because no one has a clue of how to end it. Even China which was rumored to have no new traces is unofficially having people who are covid infected. I have heard stories of undocumented visitors in China isolated and treated in hotels on their own private expenses, not from government.

People nowadays are too dependant to the current economic system and if it's to fall there'll be chaos everywhere. Just Imagine a chaos amid pandemic it will become a catalyst that could potentially drives human into extinction and there's reason why some people are really worrying about their business. Most of people nowadays doesn't have a land to cultivate some vegetables or fruit nor to raise chicken, most of them just have paper called money which could become useless if we are running out of resources.

Maestro75

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The OP is concerned and talking about businesses crumbling while the real issue is the survival of mankind. Am not sure many people care now about business surviving.

Quote from: julius caesar on March 16, 2020, 07:04:02 AM

We do not have any idea if how long it will last because it already spread all over the world. I just hope that people will now find a solution to stop the transmission of this virus. Lets just pray for those people who is infected that they will be able to heal sooner or later.

This makes it very bad because no one has a clue of how to end it. Even China which was rumored to have no new traces is unofficially having people who are covid infected. I have heard stories of undocumented visitors in China isolated and treated in hotels on their own private expenses, not from government.

Janation

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Quote from: huu78 on April 24, 2020, 06:21:37 AM

yes, because this virus is spreading so fast, the government is taking steps to limit the activities of people outside the home or any activity, yes, of course, it will have an impact on the economy because employees do not work many companies reduce their members.
no one is to blame for this plague, as almost all countries experience this.

It will also affect the economy as money will be focussed on the pandemic.

Budgets will be all on the virus and like a lot of people are being contaminated by the virus, the more it will affect the country and other people too. It is not that employees are being reduced but most of them are not even working at all, there are those companies that already sent their company's PC in their houses so that their employees can work there. Some places here in the Philippines already extended the ECQ especially Cebu where the number of contamination is increasing, hope the frontliners and the people helping to stop this pandemic could hold long before the vaccine is invented.

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