Topic: Covid-19 effect on your country's economy!!! - page 15. (Read 5265 times)

That is a novel idea. One that may very well is being used to fool the people there while the state takes over more and more of their liberties with constant surveillance, Face identification, point system for accessing public facilities. This is not a compromise. People there were not given an option to trade their basic human nature in return for GDP growth. Nor will the entrenched elite in the CCP give up their positions and bring democracy suddenly saying that "Ok, we have developed enough".

If the coercive measures, propaganda military videos, and extreme nationalism is any indication, the CCP is only making itself more along the lines of former USSR with their dreams of world domination. There has already been sufficient evidence to show the Chinese state has been spreading its soft propaganda while trying to exploit the faultlines in other societies (Often in the name of humanity and equality). Then there is the aspect of IP theft and espionage that they have indulged in.

Be assured that the CCP has no intention to give people any form of relaxation in terms of freedom to have an alternate thought process. All they want is for the rest of the world to accept their bullying and hegemony so they can spread their zombifying ideas and paint more of the world red. Fortunately, the world is waking up to the slow red poison.

Yeah, but this is a sort of compromise. People are only willing to cede freedom because they want more money/economic opportunities. As long as China has a big gdp growth, people will accept not having as much rights, but the growth will stop you can bet the government will compromise and cede some of its powers.

I assume you are responding to me. Chinese have a very strictly controlled society where the cost of non-compliance or criticism of the CCP can easily be disappearance or punishment of some sort. I can't imagine how it must be to live in a society like that where people don't have the choice or intellectual freedom to comment on governance or have a say in their policies.
The thing with the Chinese though is that they have mastered survival through collectivism and propaganda. There is a generational memory amongst the people about the hardships they have suffered in past decades. Thanks to the strategic embracing of open-market and thanks to becoming the world's factory through its offer of cheap human labor, China has now reached a level where its people have sort of been "bribed" into believing that they are living in a state-controlled utopia and there is no better way to do it. As long as the majority believes this, the minority of smart, original thinkers who abhor "control" by their very nature, will always end up in exile or in custody.

It is not even just China versus India, it is basically China versus everyone in the world. You know why? Because they are a country ruled by a few people and they are a harsh dictatorship that can't even be questioned, similar to Russia in many ways but not as cunning as them, just doing it directly with no hiding at all and no "two bullts to head suicide" type of thing, they outright murder you and warn others of what could happen to them if they do the same.

They have so many people living in poverty and dying of starvation that people question why Chinese people eat bats and dogs, well because they have no food to eat so culturally they became a country that eats ANYTHING they can to not die, remember this is the same nation that had 20 million people dead because of a famine created just to show how powerful they are. So, it is not just India, China is against everyone in the world who questions CCP.

Some of the government officials right now in my country are very incompetent, meaning they aren't capable of the position they are assigned right now. The only thing that the people requested for the government is to have an early travel ban but look at what happened, we already have 28,459 confirmed cases as of this moment. People who have professions are suggesting what's the best for our country, but those requests are being rejected and they're still focusing on what's not essential during the health crisis. I'm not a political analyst but even a person who's studied well and has a good profession will definitely look at what's wrong on the movement of the government officials.

Idk why they're prioritizing the Anti-terror bill at this moment, it's very inappropriate and for me, the Bayanihan act is already a powerful law that can be used during the health crisis. Corruption is still ongoing, officials are going rich while the poor have no foods left due to quarantine. The implementation of quarantine is useless, they lift enhanced community quarantine to good community quarantine even the percentage rate of cases per day isn't slowing. So definitely our country will become poor and the president is still borrowing billions of money to the world bank and they aren't being transparent or breakdown on where did they spent it.

Small business is affected, some can't pay rent without and some people lose their jobs. The government can't sustain the needs of the people, they're paying tax for the development of the country but it is not what happening right no, higher-ups are prioritizing their own desires than the country. That's why it's important to have government officials that have professions and know what will do during a crisis 'cause they have a lot of experience. That's why I called our government as incompetent, many useless acts that brought the country into a downfall.

COVID-19 is now Planet wide, but it is hitting at different speeds and intensity depending where you live.

True and tourism is not only area people are complaining in their economy. Economies that are run only on crude production are hit seriously too because no much vehicle are on the road, airplane and transportation in general. .Countries relying on produce from others too are suffering as well, no production, no feeding.

The local business in the country, which has the effect of Covid-19, will be down. People from low society get the biggest effect because they can not open their business while they need to fulfill their daily needs. Many of them need to be helped, and fortunately, there are many donations from other people who want to help them by distributing their daily needs. But that can not cover what they need because that donation is for temporary. And now, with the new normal has already lifted, they start to do something to have money. Some of them are trying to reopen their business to get money. People now still trying to survive in this new normal.

There is a fair bit of sarcasm in there @stompix. I am talking about India. Our PM comes on television and he is known for making emotive appeals. For a hardcore section of followers, he can do no wrong. Lighting earthen lamps is considered an auspicious thing in our society. So the PM did this "let us all come together" and light lamps thing. So people started forwarding whatsapp messages about metaphysical stuff explaining benefits of earthen lamps or the holy vibrations produced by conch shells. This was of course not an official stance. Just a kind of message from the leadership. The fan club gives it these twists to increase the popularity and demonstrate to people that how our PM is connected to his roots or how brilliant he is. While, we all appreciate the stress on conservative values and cultural revival, a lot of it is demagoguery pandering to the hardcore base.

The relation between Pakistan and China is an exploitative an opportunist one. Pakistan ceded them territory in Kashmir (Aksai Chin) and in return China has always helped arm Pakistan. China's main motive is to keep India busy by just nudging Pakistan while keeping their own 3000+ KM of border conflict free. In recent times, India has been making headway with world powers. The G-7 temporary meeting, India extending relationships with ASEAN nations are all irritants to China.
So they have taken these coercive measures. China is a shrewd one. They will say one thing and do something else. All of this is basically being done to take the sail out of India's wind of resurgence amid backlash against China. They don't want it to be an easy decision for corporations. Corporations look for stable countries with a stable governance. To me, this is a major reason that China has been trying hard to put everyone on their toes, including SEA nations and India.

By the way, I wish India and Indonesia had closer interaction like when we had at the time of non-alignment. We do share ancient roots. I have been to Bali once. Its just that the cultural ties get over-colored by the religious differences. Since the coming of the present govt, the Indian RW has been very vocal about the religious issues. Yet, as a majority, India is still a secular country which always deals with other nations on good faith. This is also one of the reasons that the Chinese catch us off-guard time and again.

It is not clear which way the Galwan valley stand-off will go. Its a high-altitude battlefield and the Chinese are planning something big with their constant build-up. It remains to be seen if Indian leadership will take the risk to attack first to free the "no-man's land". Lot of backdoor frantic activity going on. China has been a bully in the region for too long, especially in the South China Sea. It falls on India to stand up to them. Indian armed forces have a history of doing that since Independence.

No one knows when this pandemic virus will end,  everything will depend once vaccines are available. We can't deny the fact
that every nation experienced this kind of situations.
Every people who are starving to death will do everything to survive, expect more crimes to happen if the government won't
be able to supply the needs of his community.
It can't be avoided since human nature always have the kind of mentality to do anything just to make sure that they have
something to bring for his families.

Covid-19 is quite terrible, all sectors affected. And for my country most affected the economic sector. All residents experience financial
difficulties, both rich and poor. Because the population in my country is not allowed to do outside activities, including work. Quarantine
in my country has lasted 3 months, and not all residents get government help. So in my country many are starving and finally the crime
rate has increased, a lot of theft happening in my country. So I hope this pandemic can end soon.

It will be interesting to see the effects of this crisis on the economies of different countries. For instance, countries with commercial balances differences could not export/import, so countries with negative commercial balances will probably benefit in some way (for instance France has broken records in terms of domestic savings) while countries with big exporting industries (such as Germany or China) will probably not have any benefit from this. Since tourism is counted as an export of services, southern European countries will also probably take a big hit this summer...

In my country almost every sector were down. The number 1 that mostly affected is tourism due to limited transporation purposes. Same goes to other non essential sector. Even casino and gaming clubs were all down due to this crisis. Aside from important field such as food and medicine, we can only wish that this plague virus be gone right away. US are now facing a huge down fall, Im afraid if this continue China will rise on top on every potential business and wille at up the econmic growth.

practically, the group of tourism has perfectly one of the most important crowd for the real establishment in our country and despite they had already giving us our hope mostly in trading platform such as bars and restaurant including Beach resorts and etc.So far the good news is the flight has already open particularly in which free from covid-19 cases, therefore even if people feel and having a visual skeptic I saw that they keep slowly moving for the good work instead of stay at home.

that's the condition that is happening now...
this is the reason why every state must provide food assistance to every poor citizen on the country, world economic experts have said that this covid19 has made poor people increasingly into the abyss of poverty, lucky for us who can still make money even if fired from a real job because of this plague.

I completely agree with you. Most of the countries think they are doing a really good job, but little do they know how bad they are at it.
Like look at the US. The government itself isn't taking the issue seriously, let alone the people. I don't know if most of the people over here are dumb or just don't care at all. Hundreds of people are dying every day and thousands getting infected and the government is busy blaming China and acting all childish.

There are many countries in the world with governments who are trying to reject the notion that they are doing a bad job. Everyone you asked in the governments (doesn't matter which country) will tell you that they did a great job, better than any other nation. That is how you become a politician, the moment you start to question yourself and your ideas that means you are done, you have to be insisting on what you are doing is right and should convince yourself before anyone else, even if it is wrong you should believe in it no matter what.

I have been involved with politics in my life and I can tell you that no politician I have met has ever been wrong in their entire life, they have always been right no matter how silly their ideas sounds because that is how you gain votes from idiots and idiots out populate smart people by a big margin.

It is not just in developing, it is happening in the whole world. Every nation has its economy, thus this must be preserve but what happening now is as disastrously bad as a recession as more than 70% of the economy is currently close. As the pandemic cases rises, they suddenly close the economy not knowing that the virus had already spread throughout the globe now that there are clinical trials, some medicines seems to be working to fight the virus. No one is really prepared for the pandemic this 2020.

Hunger has been there since the beginning. The pandemic term only applies for a disease breakout.

It is unlikely that now there will be at least one country that would not have suffered large human and material losses from the spread of coronavirus. Therefore, according to the forecasts of international financial organizations, including the International Monetary Fund, in the near future we are expecting a very tough global economic crisis. Not only the economies of states, but also ordinary people suffered from the coronavirus, since they were deprived of the opportunity to work and earn money. Many were fired from their jobs. Since economic and transport chains have been disrupted, food prices can now skyrocket. Where this leads is even difficult to predict.

Economy is the most important element for any country. We are facing big problem last 2 months and few days. But, in our country lockdown is stopped without education sector. Last almost there months,  people  are facing a big problem and few mans are dead for his poverty because of there is no work, no money, no food. But, now it is good for our country.