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Topic: Covid-19 effect on your country's economy!!! - page 4. (Read 5265 times)

hero member
Activity: 2842
Merit: 625
Covid 19 really has great effect in our country economically speaking, literary our country is down now with lot of debts, lots of business are closed, school closed, no transportation, hospitals are full of patients more and more health worker are suffering some doctors died, to top of that the politics-corruption in our country is really worst  its totally different from the normal life we used to have, but some still good things happened, people are became innovative they were able to find way to make a living out of this pandemic, and they help one another in this time of crisis.
It is very sad that there are politicians that are taking advantage of the situation. They don't care about the welfare and well being of the people as long as they'll get what they want and their main goal is to make their pockets full out of this pandemic.

Yeah, there are still those people that have the spirit of helping because this is a crisis that we should deal altogether and beat together. But it's just disappointing to know that it's not only your country that has to deal with such corrupt politicians but for sure there are others too.
sr. member
Activity: 1974
Merit: 453
Now it's more than a year already, time really passes by quickly. The impact on my country's economics is really severe, many people are being fired, and most of them still haven't able to find a new job. The demand is super low too for things, like it hasn't be back to normal again. It's hard for small business to survive, even big companies have their hard time as well. Government tried to help, of course. But most of the help are being corrupted, or not getting into the right hand, such a pity indeed but what can we do? I just hope everything will soon be better.

Things are quite straight forward. In countries where the majority of the population has been vaccinated, the economy has restarted. People are not required to wear masks or follow social distancing and the businesses are open. However, the poorer countries are struggling to vaccinate their population. This is like a double whammy. They were already poor, and now they will become even poorer because of the lockdown restrictions. On the other hand, the richer countries have managed to vaccinate most of the population and restart the economic activity.
sr. member
Activity: 574
Merit: 251
Now it's more than a year already, time really passes by quickly. The impact on my country's economics is really severe, many people are being fired, and most of them still haven't able to find a new job. The demand is super low too for things, like it hasn't be back to normal again. It's hard for small business to survive, even big companies have their hard time as well. Government tried to help, of course. But most of the help are being corrupted, or not getting into the right hand, such a pity indeed but what can we do? I just hope everything will soon be better.
hero member
Activity: 1302
Merit: 503
Covid 19 really has great effect in our country economically speaking, literary our country is down now with lot of debts, lots of business are closed, school closed, no transportation, hospitals are full of patients more and more health worker are suffering some doctors died, to top of that the politics-corruption in our country is really worst  its totally different from the normal life we used to have, but some still good things happened, people are became innovative they were able to find way to make a living out of this pandemic, and they help one another in this time of crisis.
The government is the one who must be responsible for dealing with this kind of pandemic. as we know that they hold the right to make and enforce regulations, so where the effects worsen, the government should immediately evaluate their work. In my country there are also many cases that I think are even crazy enough to happen, such as the increasing number of unemployment and also high-ranking officials who even corrupt the covid-19 relief fund
- Even if you know your government is corrupt, your responses and complaints are futile in the face of their power, we can only see some political machines will become very selfish during the Covid period, they are just trying to gain power and make more money, the support for the pandemic is very low, even asking others to donate to the covid funds, instead of taking money from the government. The economy may be weak but the elements of government are still very stable, it's sad that in these countries, looking at the way the US is trying, they really are the ideal home for us.
legendary
Activity: 1610
Merit: 1003
Covid 19 really has great effect in our country economically speaking, literary our country is down now with lot of debts, lots of business are closed, school closed, no transportation, hospitals are full of patients more and more health worker are suffering some doctors died, to top of that the politics-corruption in our country is really worst  its totally different from the normal life we used to have, but some still good things happened, people are became innovative they were able to find way to make a living out of this pandemic, and they help one another in this time of crisis.
The government is the one who must be responsible for dealing with this kind of pandemic. as we know that they hold the right to make and enforce regulations, so where the effects worsen, the government should immediately evaluate their work. In my country there are also many cases that I think are even crazy enough to happen, such as the increasing number of unemployment and also high-ranking officials who even corrupt the covid-19 relief fund
government will take an option, to save people, save their economy, or both of them. its hard to save people and economy, but they can do it if they want to playing hard on this game.
not all government, but some of them will take easy way to save themselves. sacrifice economy, or throw people. we cant judge government only from one side. self awareness need to fill our (not only human, also the economy) life
legendary
Activity: 1274
Merit: 1000
Covid 19 really has great effect in our country economically speaking, literary our country is down now with lot of debts, lots of business are closed, school closed, no transportation, hospitals are full of patients more and more health worker are suffering some doctors died, to top of that the politics-corruption in our country is really worst  its totally different from the normal life we used to have, but some still good things happened, people are became innovative they were able to find way to make a living out of this pandemic, and they help one another in this time of crisis.
The government is the one who must be responsible for dealing with this kind of pandemic. as we know that they hold the right to make and enforce regulations, so where the effects worsen, the government should immediately evaluate their work. In my country there are also many cases that I think are even crazy enough to happen, such as the increasing number of unemployment and also high-ranking officials who even corrupt the covid-19 relief fund
legendary
Activity: 1610
Merit: 1003
World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

okay, its my country, but i will explain in my place.
there are three flags to show about that place/village. green is safe, yellow is some people get covid or under chain  Grin, and red is really bad because many people infected and under isolation.
my place have green flag, i dont know how safe it is, but im sure if there are many people have covid before. so, its safe here because already recover from disease.
PIR
member
Activity: 322
Merit: 10
CRYPTOBLADES Octoblades 10.10
Covid 19 really has great effect in our country economically speaking, literary our country is down now with lot of debts, lots of business are closed, school closed, no transportation, hospitals are full of patients more and more health worker are suffering some doctors died, to top of that the politics-corruption in our country is really worst  its totally different from the normal life we used to have, but some still good things happened, people are became innovative they were able to find way to make a living out of this pandemic, and they help one another in this time of crisis.
legendary
Activity: 3164
Merit: 1344
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In my country, the impact of covid-19 on the economy is increasing unemployment, eventually people's income also decreases and this then has an impact on increasing the number of poor people.

"The number of poor people in September 2020 was 27.55 million people, an increase of 1.13 million people in March 2020 and an increase of 2.76 million people in September 2019,"

That has been the case in most of the countries. In India, the number of poor people increased by a massive 75 million as a result of this pandemic.



In India the impact has been much worse compared to the other countries, because of the large number of people working in the informal sector. These people are mostly out of work for the last 12 months or so, and in many cases their savings have run dry and many of them have been forced to take loans at exorbitant rates.
sr. member
Activity: 1344
Merit: 253
In my country, the impact of covid-19 on the economy is increasing unemployment, eventually people's income also decreases and this then has an impact on increasing the number of poor people.

"The number of poor people in September 2020 was 27.55 million people, an increase of 1.13 million people in March 2020 and an increase of 2.76 million people in September 2019,"
Globally the number of unemployed is increasing, but we can see that new job opportunities are also opening up, even many people are suddenly rich. With this pandemic, online business in my country has increased rapidly, even offline super markets have closed, because they have been displaced by online businesses
sr. member
Activity: 1092
Merit: 256
In my country, the impact of covid-19 on the economy is increasing unemployment, eventually people's income also decreases and this then has an impact on increasing the number of poor people.

"The number of poor people in September 2020 was 27.55 million people, an increase of 1.13 million people in March 2020 and an increase of 2.76 million people in September 2019,"
full member
Activity: 826
Merit: 100
in my city, all sectors have started to normal
many public places such as hotels have opened their services, it's just that travel services are still not normal

but from day to day the number of covid positive sufferers here continues to grow
it is clear that residents here have started to think of corona as just an ordinary disease
I think the opening of corona is an ordinary disease, but many people seem to be bored with the unfinished corona, while they still need food to live. on the other hand, there are already many people who know the prevention of corona and the nature of this virus, so they can be careful and take care of themselves so as not to be exposed to this virus
full member
Activity: 1050
Merit: 109
1xBit.. recovered their reputation
in my city, all sectors have started to normal
many public places such as hotels have opened their services, it's just that travel services are still not normal

but from day to day the number of covid positive sufferers here continues to grow
it is clear that residents here have started to think of corona as just an ordinary disease
full member
Activity: 1092
Merit: 100
the transportation sector has experienced a tremendous decline. This happens because there is a ban from the government that prohibits people from going to another city. As a result, many intercity transportation vehicles find it difficult to get passengers and of course it also has an impact on the income of transport drivers.
sr. member
Activity: 1974
Merit: 453
Considering that our country is a third world country, it is suffering a lot because of the pandemic. Starting from hospitals running out of rooms and oxygen up to the increase count jobless citizens, we can already see how detrimental the pandemic has become.  The government ended up borrowing money from the world bank to suffice the needs of people specially for those who are in the poverty but soon, we will also pay the price as taxes began to go higher and higher. Our country's economy will surely be down for so long as it recovers from the damage the pandemic inflicted towards the whole nation.

Most of the third world countries are in similar position. Even here in India, things are not looking any better. Here the situation is really bad, because a large part of the population used to be employed in the informal sector. And the informal sector is in ruins ever since the pandemic started spreading more than a year ago. Most of the people who were employed in this sector have gone back to their native villages and are leading a hand to mouth existence with the help of handouts from the government and various charities.
sr. member
Activity: 1036
Merit: 286
Considering that our country is a third world country, it is suffering a lot because of the pandemic. Starting from hospitals running out of rooms and oxygen up to the increase count jobless citizens, we can already see how detrimental the pandemic has become.  The government ended up borrowing money from the world bank to suffice the needs of people specially for those who are in the poverty but soon, we will also pay the price as taxes began to go higher and higher. Our country's economy will surely be down for so long as it recovers from the damage the pandemic inflicted towards the whole nation.
sr. member
Activity: 1624
Merit: 267
Because economy in my country is down so the price of the goods are rising and some of them are double because the government do a way to recover the economy but sadly all people are suffering because of the inflation happening right now. Covid 19 is really bad effect to the business and also many people die because of this virus and I think we need to have unity to stop that virus if the government implement rules in your rules you must follow them because it's your own protection too why they do that .
legendary
Activity: 3752
Merit: 1864
The impact of COVID-19 does not only have an impact on health but also on the economy which is very troublesome for countries and individuals.
and I think more about the fate of the economy of the lower middle class such as laborers, traders, and so on.
like I have a small shop or simple grocery store that only generates little income even loses money because what I sell is not selling, and I still live it and fortunately I am here or this forum is my alternative source of income.
and many people lose their jobs and so on, and during a pandemic there are people who benefit and some are disadvantaged, I mean, during a pandemic many people will prefer to shop for necessities and so on online through applications which make real traders worse off.

To be realistic (I apologize in advance for my assessment), then the mortality rate, globally, for the year of the pandemic cannot be called "threatening" or "huge". For a year all over the world more dies from oncology and cardio problems, from seasonal diseases ... Therefore, it cannot be said that the pandemic has brought high population losses. But for the economy of the whole world, and for many countries, huge damage has actually been done. Moreover, damage that is difficult to compensate or quickly recover. Entire areas of the economy have been destroyed, small businesses go bankrupt, budgets are not filled with taxes and this becomes a "vicious circle" ...
sr. member
Activity: 1974
Merit: 453
Our Government is a joker, we have season 2 now of lockdown. A lot of their promises has been broken, they said it'll be all over once they get the vaccine but the number of COVID-19 cases surges even more after receiving the Sinovac vaccine (was it even effective?) I guess not, maybe it has the other way around effect on people but the Government doesn't want to expose it out, who knows *shoulder shrugged*

I just don't know how we're going to defeat this pandemic if our Government doesn't know anything how to fight it except on implementing a lockdown, like come on, that's not even a way to defeat COVID-19.

I don't think that there is any issue with the Sinovac vaccine. The point to remember here is that Sinovac vaccine provides immunity only after a certain period from the administration of the second dose (4 weeks?). I don't think that any of the countries that are using Sinovac has moved in to the second dose administration. So you may need to wait for a couple of months, to notice the first impact from vaccination. And don't expect anything drastic at least until the end of this year.
sr. member
Activity: 2324
Merit: 454
Our Government is a joker, we have season 2 now of lockdown. A lot of their promises has been broken, they said it'll be all over once they get the vaccine but the number of COVID-19 cases surges even more after receiving the Sinovac vaccine (was it even effective?) I guess not, maybe it has the other way around effect on people but the Government doesn't want to expose it out, who knows *shoulder shrugged*

I just don't know how we're going to defeat this pandemic if our Government doesn't know anything how to fight it except on implementing a lockdown, like come on, that's not even a way to defeat COVID-19.
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