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Topic: Covid 19 shows how weak People are in the it mind (Read 1240 times)

full member
Activity: 1526
Merit: 111
Pepemo.vip
During covid, the bank does provide relief, but it doesn't mean the abolition of the loan in the future, but the existence of relief for the installments. I don't really understand what the op is saying, but like the regulations in my country, that's not the case. even now in 2022, the bank operates as usual, and the loan installments continue to run every month. Even if you don't pay in installments, of course, our guarantee will not be safe, even though it requires several stages
full member
Activity: 616
Merit: 161
The banks giving now even more money!
And You do not need to worry about paying back loans just wait for 7-10 years and debt will expire.

Excuse me what now? Cheesy debt will expire if you just wait? My God why didn't anyone else think of the genius idea before! Quick, write a book and redefine economic principles as we know them. I mean, maybe banks are loaning huge amounts of money in, let's say, Russia or some other countries where the local currency is worthless, but that is no way that is applicable across the globe. So no, this is just wrong.
legendary
Activity: 1022
Merit: 1341
Yes, covid 19 really affect humanity on the Earth, but covid 19 pandemic was purely from the elites in the developed Nations to destroy the weak nations mostly the third world countries but ironically the virus fall on all roof. And also it was for political purpose. Countries governments were forced to obey the protocols and in return citizenries were also forced to observe the covid 19 protocols. Citizens were asked to stay away from each other (social distance), restriction of movement, industries were shut down, jobs were lost. And since no movement in the whole world, and those who has no investment which depending on physical pay job became frustrated.

Although countries governments introduced different opportunities for the survival of their citizens yet since it was not from their (the people) hand works. It didn't help them out. I believe the best opportunity is the Bitcoin investment if they are taught to do it.
sr. member
Activity: 1260
Merit: 315
www.Artemis.co
This covid 19  shows how weak People are in their mind instead of complaining everyone need to Think how They can benefit from this new situation.

Stop complaining and see this as Opportunity!

We have now more Opportunities then ever before!
I think this covid 19 is good time.
The banks giving now even more money!
And You do not need to worry about paying back loans just wait for 7-10 years and debt will expire.

There is so many Opportunities now
Tell us, how we can benefit from this situation? People lose their jobs and so on.

It is not about people having a weak mind, it is just that not all people are in the same situation where everyone can move forward even with this pandemic. This covid-19 is not a good time, and about the loans that you are talking about, it is not as easy as that.
member
Activity: 963
Merit: 57
It is normal bitcoin is volatile assets, so people were selling it more than other assets but we have to notice how well it recovered from the dip.
legendary
Activity: 2464
Merit: 2094
I believe that Covid-19 has both positive and negative impacts. I think we all know that Covid is a virus that can threaten anyone's life, but because of that many people can do more work and make it their new business field.
Financial benefits are not only felt by people who are directly affected by Covid or who are not affected by it, but in my opinion everyone feels it too, including from the government. Covid is now turning into a business field, and we often hear that cases of death are manipulated. The current government seems to ignore people's feelings, they only think of new ideas so they can get other assistance. Really, really hard to believe.
hero member
Activity: 1414
Merit: 574

Rubbish. If this was the case, then everyone would be jobless and the stock market would be in ruins. That is not the case now. The employment rates are improving and many of the stocks are at ATH levels. Some of the blue collar workers have lost their jobs, but hopefully they will be able to find new professions soon enough. The impact from COVID 19 is not as worse as I had imagined.

Maybe you are one of those lucky enough not to feel the impact of this pandemic as envisioned.  You're not in business and suddenly broke because of Covid.  You are also not fired from work so you are confused about what to work and what to feed your family.  You're also not a young person who hasn't found a job for a year and is still unemployed, rejected by many companies.  You're lucky enough, friend.  But you should be aware of what the real conditions are.

Quote
Companies are cutting hundreds of thousands of jobs as Covid-19 continues to hit the economy.

The unemployment rate is rising even as people return to their workplace following the easing of  restrictions.
Source :https://www.bbc.com/news/amp/business-52660591
member
Activity: 994
Merit: 11
Daxetoken.net
Not all people are strong and not all have a positive and strategic mind this time of covid 19 pandemic. People are not the same ,some said that covid 19 is a blessing for them ,some others it's like a punishment to them that suffered too much because of this situation. Also, huge number of people lost their job because of covid 19 and the opportunity for them become small unless they make other way on how to earn and survive from this pandemic.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
Stop complaining and see this as Opportunity!
That's nothing but a sound advice. Challenges throw up opportunities but the weak minds may not be able to grasp it. In Africa where I come from this pandemic has thrown up a lot of opportunities. One of such is the boom of the POS services. Because banks take time to process transactions as most of them shut down some branches and placed their staff on routine shifts in order to adhere to the social distancing and crowd control policy of government, customers in haste now revert to making use of the POS. It's a welcome development for me because a whole lot of new jobs have been created through that means. Another is the mask making opportunities by cloth makers and their merchants. However, the sad part is that it truly exposed the ineptitude of government on the education and health sectors, showing how shabby and ill prepared those are in the face of the pandemic.
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
Not everybody that is weak during this pandemic. Many people see this covid-19 as an opportunity for them to  learn so many things in cryptocurrency.
I think many businessmen, businesswomen and companies both internal and international really affect their market, even till now it hard them to recover all they have loss during the lockdown.
Some are looking for ways to use loan to improve their business and other things while some who are into cryptocurrency they need not loan to improve their businessses.
legendary
Activity: 1778
Merit: 1009
Degen in the Space
Well we dont have the same feelings or reaction, everyone of us has our own instinct and everyone has its own way of addressing covid-19 there are people that is weak and there are also people that stands even if the trial is really hard. We only need to help each other so that we can all back to normal life because if we do not listen covid will still scattered and the number of death may increase.
Agree, we have different ways of approach on the current pandemic and it is true that some of us can't handle the situation we are experiencing right now. The right thing to do in this pandemic is to help each other as long as we can because the virus will not stop if someone still has it. We should follow protocols and hope for the government that they will do their best to address the issue.


The banks giving now even more money!
And You do not need to worry about paying back loans just wait for 7-10 years and debt will expire.


Are trying to be funny or something. I have hardly seen banks giving jobless person loan.  Grin
And for such a long time for no repayment is a joke.
Maybe what he mean here is 7-10 years in JAIL when you don't pay your loans  Grin
Having debts isn't a practical way and we shouldn't rely on loans. We should have savings and be prepared for the next pandemic.
full member
Activity: 574
Merit: 101
Not all the people has the same sources and not all the people has the same opportunities. There are a lot of people having a bad situation and we have different kind of capabilities.

On my country there are a lot of people doesn't have job because due to pandemic outbreak and some of them doesn't know what to do not all the time the government will cover all of the people. Right now my country are already in a large debt and sooner it will become a huge struggle because the amount reached into trillion.

Even this happen there are people keep fighting the covid and find how to survive.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!

The banks giving now even more money!
And You do not need to worry about paying back loans just wait for 7-10 years and debt will expire.


Are trying to be funny or something. I have hardly seen banks giving jobless person loan.  Grin
And for such a long time for no repayment is a joke.
Maybe what he mean here is 7-10 years in JAIL when you don't pay your loans  Grin



But seriously he is pointing about those who has already loaned and don't need to push themselves to pay loans when there are too many
 priorities to do now because of having no job from the pandemic effect.
member
Activity: 398
Merit: 10
This pandemic has truly become a blow to everyone, not only for low-income people, but businessmen have also been beaten to the point of bankruptcy.  The economy has been hit hard just because of the spreading virus.  Usually the economy collapses due to rush money or other actions, but now even viruses can weaken the world economy.  This continues to be burdensome to the human mentality that is affected by it.

Rubbish. If this was the case, then everyone would be jobless and the stock market would be in ruins. That is not the case now. The employment rates are improving and many of the stocks are at ATH levels. Some of the blue collar workers have lost their jobs, but hopefully they will be able to find new professions soon enough. The impact from COVID 19 is not as worse as I had imagined.
It's very bad, people spend money during the epidemic, the whole society spends money together. Most people do not create products or economic value.
Their money for the previous years was just for living expenses.
That is bankruptcy.
The stock market is just a manipulated casino. They don't say much because they are dominated by human psychology.
Employment rates rose after the pandemic but businesses went bankrupt and what will their employees do for a living?
sr. member
Activity: 1148
Merit: 300
Well we dont have the same feelings or reaction, everyone of us has our own instinct and everyone has its own way of addressing covid-19 there are people that is weak and there are also people that stands even if the trial is really hard. We only need to help each other so that we can all back to normal life because if we do not listen covid will still scattered and the number of death may increase.
member
Activity: 1302
Merit: 25

The banks giving now even more money!
And You do not need to worry about paying back loans just wait for 7-10 years and debt will expire.


Are trying to be funny or something. I have hardly seen banks giving jobless person loan.  Grin
And for such a long time for no repayment is a joke.
hero member
Activity: 1218
Merit: 557
Not all people are weak. Covid 19 maybe a lesson or an alarm for future. Due to covid 19 I'm spending time for myself, learning new things before that life was all about work, eat and sleep. There are more negatives than the positives. People are losing their jobs, GDP down etc.. We need to learn from this pandemic and be prepared for the future. Nothing stays same for forever so this will also go away.

It is surely a negative then compared to positive for those people who had lost their lives due to covid. For such family who loved them the most now they are without them and life for them is now meaningless. Adapting is fine but losing life is where people become helpless, people are certainly losing jobs, businesses are shutting etc. Many may die due to stress, debt etc. Hope that vaccine comes out sooner and end this pandemic and people recover from it soon.
legendary
Activity: 3766
Merit: 1217
This pandemic has truly become a blow to everyone, not only for low-income people, but businessmen have also been beaten to the point of bankruptcy.  The economy has been hit hard just because of the spreading virus.  Usually the economy collapses due to rush money or other actions, but now even viruses can weaken the world economy.  This continues to be burdensome to the human mentality that is affected by it.

Rubbish. If this was the case, then everyone would be jobless and the stock market would be in ruins. That is not the case now. The employment rates are improving and many of the stocks are at ATH levels. Some of the blue collar workers have lost their jobs, but hopefully they will be able to find new professions soon enough. The impact from COVID 19 is not as worse as I had imagined.
hero member
Activity: 1414
Merit: 574
COVID is a burial ground for businesses, how did they do in the pandemic to make their business exist?
Both hourly workers or in companies are unemployed. If you talk about trading electronic money, gold, stocks, or forex, making money for everyone during a pandemic is not correct because not most people are knowledgeable about trading and take risks when trading. Translate.
For an unexpected incident like a pandemic, no one has the knowledge or experience to overcome it.

This pandemic has truly become a blow to everyone, not only for low-income people, but businessmen have also been beaten to the point of bankruptcy.  The economy has been hit hard just because of the spreading virus.  Usually the economy collapses due to rush money or other actions, but now even viruses can weaken the world economy.  This continues to be burdensome to the human mentality that is affected by it.
member
Activity: 398
Merit: 10
COVID is a burial ground for businesses, how did they do in the pandemic to make their business exist?
Both hourly workers or in companies are unemployed. If you talk about trading electronic money, gold, stocks, or forex, making money for everyone during a pandemic is not correct because not most people are knowledgeable about trading and take risks when trading. Translate.
For an unexpected incident like a pandemic, no one has the knowledge or experience to overcome it.
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