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Topic: COVID-19 vs Economy situation (Read 605 times)

EFS
staff
Activity: 3934
Merit: 2224
Crypto Swap Exchange
December 15, 2024, 12:22:17 PM
#58
It took 3-4 years for the Covid effect to wear off. Now there are economic contractions and crises in many countries again. To give an example from my own country, the inflation rate is very high and the government can't take steps to stop it. The methods they apply aren't successful. They are successful in holding the exchange rate, but they are printing more money and increasing inflation. Also, the salary increases are low because the announced inflation rate figures are lower than normal. Almost everyone earns below the poverty line. Many people are below the hunger line. I don't remember such a bad economic period in my life. This must be the worst time for the Turkish economy.
legendary
Activity: 2338
Merit: 1775
Catalog Websites
December 15, 2024, 12:15:01 PM
#57
In my opinion, the Covid-19 coronavirus pandemic has disrupted the supply chains of the entire global economy.

However, these supply chains have never been fully restored. Governments have approved the uncontrolled emission of money. At the same time, due to the disruption of international logistics, there has been a shortage of many important goods. Hyperinflation has been avoided, but the situation in the global economy remains difficult. The standard of living of the population has fallen sharply and continues to decline.

Perhaps our world will never be the same, because the processes of globalization have been replaced by processes of deglobalization.
hero member
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Leading Crypto Sports Betting & Casino Platform
December 15, 2024, 12:01:43 PM
#56
What about the current economy? Things are going quite well, no? We can hope those idiots in charge won't lock things down again because that indeed was greatly damaging. Especially to third world countries and small businesses.

Definitely the last pandemic had a very huge negative impact on the economy and looking at the current economy I can't say much on that but I believe theres alot change for quite sometime now and  tho we hope for better results. But such usually affect the economy a whole lot even cause some under developed countries to go bankrupt .
hero member
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Leading Crypto Sports Betting & Casino Platform
December 15, 2024, 09:42:11 AM
#55
The answer to your question is simple; double trouble. You mentioned yourself that the Covid-19 days were terrible, not to mention what many countries are facing now. It is so bitting in my country to the extent that millions are slipping into the poverty index level monthly, I wonder what could become of the country when another pandemic happens in this situation.

I think we will be in three to five times more trouble and the consequences will be much more serious because our economy has not even fully recovered, people's lives are still difficult. Meanwhile, before the covid pandemic hit, most of us were in a much more stable situation than we are now, so if a pandemic suddenly hits us again . Maybe this will be the end of billions of people, not just millions like the covid pandemic has caused .



But economic turmoil is not rampaging in many countries as perceived, countries like the US, EU etc are enjoying even as people think there are issues. They should go to Africa to know what suffering feels like.


Yes, the economies of developed countries like the United States or Europe are not as bad as we think and cannot be as serious as third world countries, especially Africa . They are just trying to sugarcoat things to make us think that everyone is in the same difficult situation but the reality is quite the opposite.
Really sorry people in Africa, the situation there is getting so much worse.
sr. member
Activity: 2590
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December 14, 2024, 08:24:04 AM
#54
Currently many countries are witnessing the dark side of their Economy. And nobody is really happy when things are not going well with their countries Economy cause it affects everyone. The country may experience hike in the prices of goods and this is the major fear of every individual in times like this.

So during the COVID-19 lock down, things were very tense, people died,there was massive hunger and restriction of movement and many economies and business merchants witnessed set back.

My question now is what if the pandemic came the same time with the current situation of your countries Economy.
May the souls of those we lost during the COVID 19 pandemic rest in peace. It was quite painful seeing our love ones dying before our eyes because we do not have a solution that would save their lives. It was quite a bittered experience that shocked the whole world. It has been long this kind of thing happened and experiencing COVID 19 pandemic was quite a hard story to tell the young ones coming up. I pray such thing like COVID 19 pandemic or anything similar to that, that would make businesses to be in halt will not happen again. Many countries economy are now recovering, people getting jobs just like the way it was before.
Amen... and this COVID-19 is a disaster that has caused many people to experience difficulties, especially with the restrictions that prevent us from traveling to earn a living and that makes things even more difficult and also worsens the economy. And this disaster will be history that I think will be known by future generations even though we don't tell them.

And during this COVID-19 pandemic, I never stop hearing news of the deaths of people around me almost every day. And I am also one of those who have been infected with the virus but I am grateful because I was able to recover and fight the deadly virus while being quarantined at home. And now everything is back to normal and better because the government continues to try to normalize the economy and also fix it which I think is better than before.
hero member
Activity: 2688
Merit: 588
December 14, 2024, 08:05:23 AM
#53
Currently many countries are witnessing the dark side of their Economy. And nobody is really happy when things are not going well with their countries Economy cause it affects everyone. The country may experience hike in the prices of goods and this is the major fear of every individual in times like this.

So during the COVID-19 lock down, things were very tense, people died,there was massive hunger and restriction of movement and many economies and business merchants witnessed set back.

My question now is what if the pandemic came the same time with the current situation of your countries Economy.
If anything similar ever happens again, I am sure that it would be even worse, we are not more ready now. Some people assume that we are ready, and we got used to it, but in reality that was already something we barely survived with that period, if something similar ever happened so soon, like lets say lockdowns in 2025, then I am pretty sure that mental health of the world won't be getting any better, we are going to face a lot more issues.

This is why it's clear and better to just have a period where we are all just boring. Boring is better, don't have crisis, not economical, not medical, not environmental, nothing. Just, for like 5+ more years, we need to wake up every morning, go to work, work, come home, watch tv, sleep. Let's do that for 5+ years, I know that sounds boring, but it's better than a crisis.
hero member
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December 13, 2024, 04:16:17 PM
#52
Currently many countries are witnessing the dark side of their Economy. And nobody is really happy when things are not going well with their countries Economy cause it affects everyone. The country may experience hike in the prices of goods and this is the major fear of every individual in times like this.

So during the COVID-19 lock down, things were very tense, people died,there was massive hunger and restriction of movement and many economies and business merchants witnessed set back.

My question now is what if the pandemic came the same time with the current situation of your countries Economy.
May the souls of those we lost during the COVID 19 pandemic rest in peace. It was quite painful seeing our love ones dying before our eyes because we do not have a solution that would save their lives. It was quite a bittered experience that shocked the whole world. It has been long this kind of thing happened and experiencing COVID 19 pandemic was quite a hard story to tell the young ones coming up. I pray such thing like COVID 19 pandemic or anything similar to that, that would make businesses to be in halt will not happen again. Many countries economy are now recovering, people getting jobs just like the way it was before.
hero member
Activity: 1736
Merit: 501
December 12, 2024, 02:22:08 PM
#51
if the pandemic comes again and is accompanied by a declining economy, of course that is something that many people don't expect and if something like that happens, of course some people will suffer, except for rich people, of course it won't have much of an impact because rich people definitely have large savings. who in the end can live for years even though they don't work, but for people who can't afford it, of course it is a disaster that will definitely be very difficult.

The answers will of course be different, but what is clear is that if that happens, everyone will definitely be sad.
Basically, the pandemic is bad and the economy is also bad, if it happens together it will certainly worsen the situation of every country and even the world. Yesterday during the pandemic many people suffered from layoffs, difficulty finding work, expensive goods and so on. Moreover, the pandemic is accompanied by a declining economy, of course this will be a big problem for every country. It is true as you said, at times like this the rich will not suffer because they have a lot of savings or something and the poor will get poorer. I can't imagine if both happened at the same time.

The economic downturn and the pandemic in various sectors can increase unemployment and the country's financial burden will be heavier. If this happens, then it is necessary to take savings steps and better household productivity planning is needed according to potential skills. In addition, to be able to survive the threats of both, we must be able to find a way to multiply money. Investing in bitcoin is the key to overcoming both of these problems.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
December 12, 2024, 11:09:35 AM
#50

It will not be a coincidence again if we experience another pandemic, the first one was tough during Trump regime and remember, it was bio weapon created by men, if that should happen again, it will be a very big concern in this regime if Trump comes again to the office. However, to we the humans it wouldn't be something that is going to stop people from doing what they have to do, the first one caught everyone unexpected but regardless we survive.

On the economy, we might see some decline in the economy mostly people that food importation dependent but the again, it will be less frustration because people have learn from their previous experience, they will pile up food stuff and every thing needed. The internet activities will 4x what we saw the last time, money for internet providers and internet will be over populated.

The US economy had quite positive results during Trump's first term but everything was wiped out after the covid pandemic happened in his last year in office. While it may sound like a politically charged hypothesis, I agree with you that if another pandemic occurs during Trump's second term, it is no coincidence. It is a war between politicians and the lives of the people they use as weapons against each other.

But make no mistake, covid is not the first pandemic in the world so it can be said that no pandemic can destroy humanity but every time a pandemic occurs, it always causes heavy damage to people and the economy.
full member
Activity: 203
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December 12, 2024, 05:46:33 AM
#49
My question now is what if the pandemic came the same time with the current situation of your countries Economy.
Humanity will still continue to thrive, it doesn’t matter what is out there, what the society throws at you and what it doesn’t, humans will always look out for means to survive. In the heat of the Covid-19 situation, people sort for other means of making a living and a lot of those persons got to understand the importance of remote works and working from the comfort of your home. We found more people trooping into the online space to making money. We also have the Covid-19 situation challenge individuals to become entrepreneurs.

Should we have anything close to such in this time, the situation or approach wouldn’t come with a lot of difference. You would still find those resilient humans who would look out for means to cut cost, increase source of income and survive.
hero member
Activity: 896
Merit: 654
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December 12, 2024, 04:50:04 AM
#48
-snip-
My question now is what if the pandemic came the same time with the current situation of your countries Economy.
The answer to your question is simple; double trouble. You mentioned yourself that the Covid-19 days were terrible, not to mention what many countries are facing now. It is so bitting in my country to the extent that millions are slipping into the poverty index level monthly, I wonder what could become of the country when another pandemic happens in this situation. But economic turmoil is not rampaging in many countries as perceived, countries like the US, EU etc are enjoying even as people think there are issues. They should go to Africa to know what suffering feels like.
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
December 11, 2024, 09:31:56 AM
#47
if the pandemic comes again and is accompanied by a declining economy, of course that is something that many people don't expect and if something like that happens, of course some people will suffer, except for rich people, of course it won't have much of an impact because rich people definitely have large savings. who in the end can live for years even though they don't work, but for people who can't afford it, of course it is a disaster that will definitely be very difficult.

The answers will of course be different, but what is clear is that if that happens, everyone will definitely be sad.

It will not be a coincidence again if we experience another pandemic, the first one was tough during Trump regime and remember, it was bio weapon created by men, if that should happen again, it will be a very big concern in this regime if Trump comes again to the office. However, to we the humans it wouldn't be something that is going to stop people from doing what they have to do, the first one caught everyone unexpected but regardless we survive.

On the economy, we might see some decline in the economy mostly people that food importation dependent but the again, it will be less frustration because people have learn from their previous experience, they will pile up food stuff and every thing needed. The internet activities will 4x what we saw the last time, money for internet providers and internet will be over populated.
legendary
Activity: 2520
Merit: 1218
December 11, 2024, 04:00:09 AM
#46
We will be fully equipped if a second pandemic will come along.

I think people will never be prepared for second or next pandemic. Because theoretically, people should be prepared for all pandemics that comes after the very first one, yet history shows that pandemic always strike with new, unexplored powers, and people are always unprepared for that. Moreover, even if people are fully equipped, knows how to act, there will always be those who dont believe in facts, dont want to do anything, dont notice pandemic, reckless, stupid.
legendary
Activity: 2100
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December 10, 2024, 09:26:36 AM
#45
We will be fully equipped if a second pandemic will come along. For people at least we should learn from it, maybe by this time we should be saving for the rainy season.

We should just pray and hope that we never experienced any kind of global pandemic we had experienced before because is not even about getting ourselves equipped but is about knowing the extent at which it will last and level of damage it could cost because you can only prepare for something you know very well, what if perhaps the COVID 19 is a little compare to another one you are actually taking about, will the equipment be enough for everyone?, however equipping ourselves with all the necessary food items may not be the solution because is only when somebody is not affected by the virus will they be able to talk about the things the items they have.

Covid is not the world's first pandemic, nor is it the one that has caused the most serious damage. Throughout history the world has gone through many different pandemics and much worse than covid but whenever another pandemic hits we suffer severe damage. That doesn't mean the world is unprepared, it just shows that the pandemic is unpredictable and dangerous beyond our imagination.

You are right, the only thing we should do is pray that no more pandemics hit us. But honestly, I doubt it because with what humans are doing to the world, natural disasters and pandemics are inevitable and that is the price humans pay for what they do.
hero member
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December 10, 2024, 08:16:21 AM
#44
We will be fully equipped if a second pandemic will come along. For people at least we should learn from it, maybe by this time we should be saving for the rainy season.

We should just pray and hope that we never experienced any kind of global pandemic we had experienced before because is not even about getting ourselves equipped but is about knowing the extent at which it will last and level of damage it could cost because you can only prepare for something you know very well, what if perhaps the COVID 19 is a little compare to another one you are actually taking about, will the equipment be enough for everyone?, however equipping ourselves with all the necessary food items may not be the solution because is only when somebody is not affected by the virus will they be able to talk about the things the items they have.
hero member
Activity: 2842
Merit: 772
December 10, 2024, 04:31:26 AM
#43
if the pandemic comes again and is accompanied by a declining economy, of course that is something that many people don't expect and if something like that happens, of course some people will suffer, except for rich people, of course it won't have much of an impact because rich people definitely have large savings. who in the end can live for years even though they don't work, but for people who can't afford it, of course it is a disaster that will definitely be very difficult.

We will be fully equipped if a second pandemic will come along. For people at least we should learn from it, maybe by this time we should be saving for the rainy season. Personally though, I don't know but during the pandemic, I might be lucky that I still have a job that can bring food in the table for my family. If not, then it will be very difficult I guess. That's why I try to save as much as I can as not to experienced that in the future.

The answers will of course be different, but what is clear is that if that happens, everyone will definitely be sad.

And that's why as I have said, as individuals, we should be ready and prepared for the worst and the pandemic really bring the best and worst of us as humans.
sr. member
Activity: 546
Merit: 268
December 09, 2024, 05:57:15 PM
#42
if the pandemic comes again and is accompanied by a declining economy, of course that is something that many people don't expect and if something like that happens, of course some people will suffer, except for rich people, of course it won't have much of an impact because rich people definitely have large savings. who in the end can live for years even though they don't work, but for people who can't afford it, of course it is a disaster that will definitely be very difficult.

The answers will of course be different, but what is clear is that if that happens, everyone will definitely be sad.
A pandemic as long and lasting as the coronavirus may in fact once again experience the bitter experience of a worldwide lockdown like 2019. Due to the complete economic collapse of my country due to lockdown, one third of the population of my country became jobless and thus the economic condition of my country became so bad that my country survived the corona virus epidemic only with domestically produced food grains. My country can recover the economic loss caused by the coronavirus so far but it still took the next three years for my country to recover the amount of remittance deficit caused by the corona virus.
full member
Activity: 383
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December 09, 2024, 06:56:15 AM
#41
if the pandemic comes again and is accompanied by a declining economy, of course that is something that many people don't expect and if something like that happens, of course some people will suffer, except for rich people, of course it won't have much of an impact because rich people definitely have large savings. who in the end can live for years even though they don't work, but for people who can't afford it, of course it is a disaster that will definitely be very difficult.

The answers will of course be different, but what is clear is that if that happens, everyone will definitely be sad.
legendary
Activity: 3752
Merit: 1864
December 08, 2024, 07:17:47 AM
#40
Currently many countries are witnessing the dark side of their Economy. And nobody is really happy when things are not going well with their countries Economy cause it affects everyone. The country may experience hike in the prices of goods and this is the major fear of every individual in times like this.

So during the COVID-19 lock down, things were very tense, people died,there was massive hunger and restriction of movement and many economies and business merchants witnessed set back.

My question now is what if the pandemic came the same time with the current situation of your countries Economy.

If a new pandemic has the same level of spread and infection, and the same mortality rate, everything will happen again - isolation, without prior mass vaccination, is the only option to save the population, as sad as that sounds. More problems will be created by those who oppose vaccination and deny that there is a total threat in the form of a new disease.
I myself was sick with covid-19 at the beginning of the pandemic, quite severely, and saw what the real mortality rate was. I easily survived the vaccination and the subsequent ones - don't inject yourself with questionable vaccines from questionable countries, and the result will be noticeable. And I have seen how people who were not vaccinated repeatedly and severely carried the disease....
I also think it is necessary to establish the real reasons for the emergence and such a sharp and total spread of the virus, probably this process can be influenced and in the future - to prevent ...

Yes ,I like your opinion.  There should be future plan to stop viruses in the future because it damaged all industries of the World and every country is effect by this virus and no one expected such type of situation because all were expecting that that will end in 6 months but that wasted 2 precious years of every country. All businesses were close and lock down affected the global economy but millions of people believe that is only hipe and media is misguiding the public but we saw consequences of that.That is time to research and publish the article about that because if anyone has knowledge how to stop next COVID-19 he should write article because his knowledge should be spread.

According to new information, the virus was created artificially in a Chinese laboratory. There are a few questions here:
- why develop deadly viruses?
- Was its leak “out in the wild” an accident or was it a purposeful action?
sr. member
Activity: 392
Merit: 306
Enjoy the beauty of nature 😊
December 03, 2024, 04:58:46 PM
#39
Currently many countries are witnessing the dark side of their Economy. And nobody is really happy when things are not going well with their countries Economy cause it affects everyone. The country may experience hike in the prices of goods and this is the major fear of every individual in times like this.

So during the COVID-19 lock down, things were very tense, people died,there was massive hunger and restriction of movement and many economies and business merchants witnessed set back.

My question now is what if the pandemic came the same time with the current situation of your countries Economy.

If a new pandemic has the same level of spread and infection, and the same mortality rate, everything will happen again - isolation, without prior mass vaccination, is the only option to save the population, as sad as that sounds. More problems will be created by those who oppose vaccination and deny that there is a total threat in the form of a new disease.
I myself was sick with covid-19 at the beginning of the pandemic, quite severely, and saw what the real mortality rate was. I easily survived the vaccination and the subsequent ones - don't inject yourself with questionable vaccines from questionable countries, and the result will be noticeable. And I have seen how people who were not vaccinated repeatedly and severely carried the disease....
I also think it is necessary to establish the real reasons for the emergence and such a sharp and total spread of the virus, probably this process can be influenced and in the future - to prevent ...

Yes ,I like your opinion.  There should be future plan to stop viruses in the future because it damaged all industries of the World and every country is effect by this virus and no one expected such type of situation because all were expecting that that will end in 6 months but that wasted 2 precious years of every country. All businesses were close and lock down affected the global economy but millions of people believe that is only hipe and media is misguiding the public but we saw consequences of that.That is time to research and publish the article about that because if anyone has knowledge how to stop next COVID-19 he should write article because his knowledge should be spread.
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