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Topic: COVID-19 vs Economy situation (Read 610 times)

EFS
staff
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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
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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Perhaps our world will never be the same, because the processes of globalization have been replaced by processes of deglobalization.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
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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
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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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fillippone - Winner contest Pizza 2022
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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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.
legendary
Activity: 3752
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November 26, 2024, 01:03:30 PM
#38
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 ...
legendary
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November 26, 2024, 07:54:25 AM
#37


We survived the pandemic and I think we can survive another one. There's no disease that can wipeout the human race. We'll always have survivals that'll continue the human race by reproducing and starting all over again. We getting another pandemic mightn't be as deadly as we're expecting it to be because we'll be more prepared for it and can avoid the loses that we had when COVID hit and we weren't ready.

It won't wipe out humanity completely but it will cause human and economic damage, worse it will slow down our world, and it will take a lot of time and effort to recover. That's what people think of every time there is a pandemic or war in the world, no one says that humanity will be wiped out just because of a pandemic or war.


The economy is bad and it's going to get worst because of the bad policy that the federal government are putting into effect. The federal government knows that the economy can't hang on much longer but they'll not give us a headsup for we to be prepared for the worst that'll be coming. The poor state of the economy is being affected by all countries around the world and while some countries are looking for solutions, others don't care and are just enjoying what's left before the economy crumbles.

Governments are only human, not god, and cannot solve all of the world's problems, especially those caused by Mother Nature. The covid pandemic came unexpectedly and dealing with it was much more complicated than we thought, so we can sympathize with the government when they failed to contain the pandemic, and restoring the economy takes time because there is a huge gap between talking and doing.

Our family has only a few members and we can't even take care of them, while the government has to take care of hundreds of millions of people. So things are not as simple as you think, don't blame them because your life is difficult.
sr. member
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November 25, 2024, 03:29:15 PM
#36
My question now is what if the pandemic came the same time with the current situation of your countries Economy.

We survived the pandemic and I think we can survive another one. There's no disease that can wipeout the human race. We'll always have survivals that'll continue the human race by reproducing and starting all over again. We getting another pandemic mightn't be as deadly as we're expecting it to be because we'll be more prepared for it and can avoid the loses that we had when COVID hit and we weren't ready. The economy is bad and it's going to get worst because of the bad policy that the federal government are putting into effect. The federal government knows that the economy can't hang on much longer but they'll not give us a headsup for we to be prepared for the worst that'll be coming. The poor state of the economy is being affected by all countries around the world and while some countries are looking for solutions, others don't care and are just enjoying what's left before the economy crumbles.
member
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November 25, 2024, 12:48:29 PM
#35
The world came to a temporary standstill and economic wheels came to a standstill when the Covid-19 virus hit the World Cup as a pandemic. Many large companies suffered huge losses and small businessmen suffered greatly. However, even after the Covid-19 virus is gone, economic problems are currently causing major headaches in some developing countries. The global currency crisis in countries where the price of every commodity has gone up a lot has led to some countries going through very bad times.
full member
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November 25, 2024, 10:59:53 AM
#34
My question now is what if the pandemic came the same time with the current situation of your countries Economy.

The expensive cost of living as a course of Inflation has become a norms of gradual development that time after time, an average earner or lesser privilege people would stumble on their current lively conditions and at next probably when a new regime of governance gets into power, it feels saddened to say that the previous hard time would be recommended better than the present conditions they encounters.
The capital of cost of living durations has much been so regrettable that we've to appreciate the past hard because next phase of the economy system would always seem like we're boarding very close to hell due to survival series.
So not if the COVID-19 is set back to occur at this crazy time in my place, it's likely to be a norms since we've been used to hard times living in a survival of the fittest. Of course people will perish and would be ridicule of unaccountable losses of resources and lifes.
sr. member
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November 25, 2024, 08:10:42 AM
#33
My question now is what if the pandemic came the same time with the current situation of your countries Economy.
Due to the pandemic, every country has suffered financially, which has made it difficult for many countries to recover. There are still many countries that have not been able to cover that loss. Currently, the economic situation in the whole world cannot be said to be normal. Except for developed countries, the financial situation is still not normal in every country. Especially, wars have affected different parts of the world, due to which the economic situation cannot be said to be very good.

If the new pandemic had affected it at this time, then the some countries would have been seriously disrupted. There are many countries that are on foreign loans, if they are affected by the pandemic again in this economic situation, then on the one hand, people will lack food, on the other hand, they will lose their lives due to the pandemic, and everything will be in disarray.
legendary
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November 25, 2024, 08:10:07 AM
#32
The situation in Covid yesterday did make us very devastated in terms of economic, lack of acces because the restrictions made us even more personally slumped, many businesses were fallen at that time because they did not have customers.

If the scenario you say for the current situation and the presence of Covid, it cannot be imagined, may experience more panic and again and the government must print more money to cover up the needs of the community so as to increase even higher inflation, I can't ask it if it is happens to the current situation, forget it, you are too wish.
legendary
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November 25, 2024, 08:08:22 AM
#31
My question now is what if the pandemic came the same time with the current situation of your countries Economy.
Hopefully this pandemic will not come back again even though we will never know if there will be another pandemic in the future. And this pandemic has made everything chaotic especially the economy and also many people have lost their lives and so on, that's what we felt at that time, and we have no choice but to accept it because it is the same as a natural disaster that can happen at any time even though there is still human intervention but if God wills it will definitely happen. And if it happens again, the most important role is that the government must act very quickly so that the virus or what happened does not spread widely which will harm many people, because if it is slow it will make everything chaotic and troublesome for many parties that cannot be controlled quickly because of the delay in acting.

Even without the second wave of pandemic, the domino effect by Covid pandemic is still there. Many companies lost revenue and bankrupt, and this led to mass layoffs. It's also drastically changed people's routines. They went from outdoor to the online.

This also disrupts business in various sectors and many business went bankrupt. I have seen many companies gone bankrupt in my country. People are now jobless, with no purchasing power to keep other companies alive.


hero member
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November 25, 2024, 07:52:51 AM
#30
It was a huge blow to citizens and the economy of a country as a whole, everything was so difficult and people having the worst of every situations, I don't really pray for that to occur cause if eventually it does it's going to hit hard on every sectors making it more unbearable and worse,now considering the fact that the economy has not been able to balance up with that effect such pandemic shouldn't surface anymore.
You don't have to worry about such things anymore because all countries have figured out how to handle it better so people don't have to be afraid of it anymore. I also felt quite a bad impact when the pandemic was going on, but it can be resolved well over time when the treatment is found and all countries have implemented it so everyone doesn't have to worry anymore if it happens again at this time. And now everyone doesn't have to think about it anymore so everyone just has to focus on their respective jobs without any excessive worry.
legendary
Activity: 3346
Merit: 1191
November 25, 2024, 07:08:25 AM
#29
My question now is what if the pandemic came the same time with the current situation of your countries Economy.

Many industries have been directly impacted by the pandemic, small business owners have been struggling to survive due to prolonged lockdowns. So during Corona, many were on the verge of ruin, but there were also those who earned more than ever and recorded constant growth month after month.

If it happens again (and it is very likely that it will) it will be the same or at least similar. They will limit our freedom, many small players will be on the verge of failure, and there will be those who will make more money than ever. That's the way the world works, it's never the same for all...
hero member
Activity: 3206
Merit: 940
November 25, 2024, 06:21:53 AM
#28
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.

I think that such "what if" questions are pointless. There will be another pandemic for sure, but I don't know when it will happen. It might happen after 5 years, or it might happen after 50 or 100 years. Let's focus on the current global problems rather than asking "what if another pandemic appears out of nowhere". We are close to World War III(some analysts are saying this, while others are pretty chill). Should we really discuss about what happened 3-4 years ago? The lockdowns are a thing from the past. The "helicopter money" and the stimulus checks had way worse long term effect over the global economy than the lockdowns.
hero member
Activity: 2828
Merit: 611
November 25, 2024, 03:14:32 AM
#27
If the pandemic started in my country, people with IT jobs would be secure because many companies moved on online and hybrid regime of work. Overall, I think that people will be more ready for the situation but it will be terrible for many. In my country, most people work in IT and abroad, so local lockdown won't affect many people very much but lockdowns in rich countries, where our migrants work, will have a bad affect on our economy for sure.
I think all countries are affected by it and during it most field jobs are closed and people are advised to stay inside of their homes, so yeah that having a skill or business online is an advantage but even before the pandemic came being online is already a thing and there is already a good demand in the IT field.

Crises such as the pandemic are not new and are happening from time to time, so as long as you are on the right age already, I'm sure you already know what to do just in case another crisis happens again. There are only people who are seem hard-headed that they can not learn from their past mistakes. Change is also hard though, especially if we lack of something that should give us some boost.

Those who work outside of their country seem to be bad already for their own country's economy, so why will we still worry when the country where they work have been affected by a crisis such as the COVID-19 pandemic? I wouldn't really blame these workers though but they only do it because maybe their governments are already corrupt or poor in terms of managing their country.

that was very damaging, many people were forced to take a loan and went into financial problems, which put more danger to their health than covid. Lockdowns were terrible, rich people in governments think everyone has as beautiful and easy life as them. They have no sympathy because they haven't experienced what its to be locked in poverty.
Even though governments declared a lockdown, I think they still help the public through some relief goods operations and there is also cash assistance. If we are well prepared, we might also have savings or emergency funds that we can use, so there is no real need for us to take a loan.
hero member
Activity: 3192
Merit: 597
Leading Crypto Sports Betting & Casino Platform
November 25, 2024, 12:08:27 AM
#26
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.
I want to remain optimistic that despite with all of those that did happened, there were opportunities that have opened up as well. And remember, the market become better as well for Bitcoin at that time although I am not invalidating all of those misfortunes that have happened for everyone else because all of us have been affected badly by that pandemic.

My question now is what if the pandemic came the same time with the current situation of your countries Economy.
I think it will be worse once again. Until now, many markets and sectors are still in recovery period despite that 2-3 years ago that the pandemic has been contained and control, it's no doubt that there have been changes that these industries that have been encountering.
hero member
Activity: 980
Merit: 585
Leading Crypto Sports Betting & Casino Platform
November 24, 2024, 04:41:52 PM
#25

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.

It was a huge blow to citizens and the economy of a country as a whole, everything was so difficult and people having the worst of every situations, I don't really pray for that to occur cause if eventually it does it's going to hit hard on every sectors making it more unbearable and worse,now considering the fact that the economy has not been able to balance up with that effect such pandemic shouldn't surface anymore.
sr. member
Activity: 560
Merit: 365
Pakistan Local Board Request
November 23, 2024, 02:28:23 PM
#24
The combination of the pandemic and a struggling economy could have led to unprecedented global challenges: skyrocketing inflation, widespread unemployment, and food insecurity. In such a scenario, the strain on healthcare systems, social welfare, and public order would likely have been catastrophic, with vulnerable populations taking the brunt of the impact.
I think COVID 19 impacted on the World economy aand many people faced difficulty to survive in these days because lock down was applied due the announcement of government and everybody was in the home with SOPs and if we will see the work online the we will see thousands of millionaires made in the COVID time and intelligent mind worked in these days and invented new things in the market and many Investors got profit from cryptocurrency and other investments. Many freelancers earned a lot and also we saw new YouTubers who became famous in these days but overall World economy was hugely damaged.COVID 19 teached many skills to the youngesters and now young men are ready for the change.
legendary
Activity: 2688
Merit: 1192
November 23, 2024, 10:48:41 AM
#23
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.

There is natural cyclical activity in the economy - times of boom and excess, where champagne flows with lots of money borrowed. Then there are times of bust, when belts must be tightened and the cast excesses must be paid off. We saw the most extreme example of this back in the 2008 financial crisis. The pandemic broke a lot of different supply chains, as the world along with China effectively shut down for a long time, which was truly unprecedented at that time. We pretty much recovered a couple years later, only for it all to collapse again after Russia invaded Ukraine - both of them being quite important players in things like grain/minerals/oil.
hero member
Activity: 2450
Merit: 948
Metawin.com - Truly the best casino ever
November 23, 2024, 08:00:23 AM
#22
My question now is what if the pandemic came the same time with the current situation of your countries Economy.
If the pandemic started in my country, people with IT jobs would be secure because many companies moved on online and hybrid regime of work. Overall, I think that people will be more ready for the situation but it will be terrible for many. In my country, most people work in IT and abroad, so local lockdown won't affect many people very much but lockdowns in rich countries, where our migrants work, will have a bad affect on our economy for sure.

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.
Yes, that was very damaging, many people were forced to take a loan and went into financial problems, which put more danger to their health than covid. Lockdowns were terrible, rich people in governments think everyone has as beautiful and easy life as them. They have no sympathy because they haven't experienced what its to be locked in poverty.

It’s not like they had the choice.

It’s either they impose the lockdown or they gamble with people’s lives and health. Even if they didn’t do the lockdown, the hospitals and medical staff would have suffered due to the amount of sick people entering and requiring their facilities and services. Maybe medical practitioners would have been affected which would cause a decline. Either way this plays out, I don’t think it would be good for the economy.

Sure, some governments could have handled it better but at the moment a lockdown was absolutely necessary.
They had a choice. In rich countries, lockdowns were probably okay, they were given thousands of dollars every month but in developing countries, lockdowns did more damage than good. Covid wasn't as dangerous as they were labelling, people in my region didn't get vaccinated and where is Covid now? Why aren't there Covid cases? I believe that covid numbers were fake in all countries to make money with big pharmacy companies and hospitals.
Btw what's the difference between dying with covid vs with poverty?
hero member
Activity: 2632
Merit: 833
November 23, 2024, 05:17:33 AM
#21

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

It will be the same results I guess, government will have to adjust everything, with their economic budget to help their population. So there is not much chance, or the contrary, it just shows how resilient government are around the world. I mean this is the first time and we don't know what's going to happen, lots of people died, and we chance the way we look at life itself.

But then again, since human existence, we have survived the worst, world war I and II, we bounce back and recovered and new superpower emergences. So that will be the cycle of life for us, even if we are in the worst situation, it will bring the best out of our government.
legendary
Activity: 3346
Merit: 1618
#1 VIP Crypto Casino
November 23, 2024, 04:16:53 AM
#20
I think fiat currencies are doomed to fail, inflation & money printing is out of control. I think shutting down the world economy due to the virus absolutely made things worse. How is the world supposed to run as it should when businesses, production & growth are forced to stop? What we are witnessing now has definitely been made worse by the restrictions placed on trade & business during the virus. It will take years to recover from what governments did.
legendary
Activity: 3332
Merit: 1034
Leading Crypto Sports Betting & Casino Platform
November 22, 2024, 09:31:46 PM
#19
guess thing will become even worse, but I wouldn't worry, seeing current COVID data i don't think there's any surge, we're pretty much still far from that scenario and majority of people has been vaccinated anyway.

but if such thing really happens, I expect hyper inflation around the world, basic food increasing in price again and country's debt piling up. there might be crisis and there might be chaos, but the government with their experience of overcoming COVID back in 2020, might do things more efficiently to be honest. which may only give little disturbance towards the economy, we're already used to it.
sr. member
Activity: 434
Merit: 216
November 22, 2024, 03:00:42 PM
#18
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.

That is my prayers as well because nobody is paying a listening ear to the economic situation again. Everyone is now on their own, the government has failed us woefully. No adequate economic plans, everything seems to be getting worst day by day and the cost of earning a living is almost killing the living. I just pray that they don't shut everywhere down again totally as they did during the COVID period otherwise they should be prepared to do mass burials as they did during the COVID time because what is killing the less privileged now is hunger and poverty, except you have a well-paid job that you won't feel the impact much but yet the state of the economy is affecting every Tom, Dick and Harry.
hero member
Activity: 2968
Merit: 687
November 22, 2024, 02:34:46 PM
#17
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.
Recovery did really take up some time on which it is really that indeed devastative into all countries but what had been affected the most on just like on what you have said that 3rd world countries did really took that huge damage in terms of economic aspect. Recovery was that more slower in compared into those first tiers on which recovery is really that fast. In speaking about on the current condition after that pandemic then
we do eventually see that everything goes back to normal. There might be some businesses out there didnt make it through or had totally gone down but there are ones who do able to survive and able to make
up even more with the current situation that we are into. There's no other way to go into but to survive and having that progress on which we might be able to experience the worst but doesnt mean that it
would be over or there's something that we shouldnt be doing into.

Problems do come and pass and just like on what i have said that there's no other way other than on moving on and trying out to survive on whatever challenges that we do able to encounter or would really be able to meet up specially into these pandemic times on which no one had thought that Covid did make out that huge impact in terms of economic problems. Tons had died, tons of businesses were down
but look at on where we are now on which we had survived and continue to live.
sr. member
Activity: 2590
Merit: 452
Enjoy 500% bonus + 70 FS
November 22, 2024, 02:31:00 PM
#16
My question now is what if the pandemic came the same time with the current situation of your countries Economy.
Hopefully this pandemic will not come back again even though we will never know if there will be another pandemic in the future. And this pandemic has made everything chaotic especially the economy and also many people have lost their lives and so on, that's what we felt at that time, and we have no choice but to accept it because it is the same as a natural disaster that can happen at any time even though there is still human intervention but if God wills it will definitely happen. And if it happens again, the most important role is that the government must act very quickly so that the virus or what happened does not spread widely which will harm many people, because if it is slow it will make everything chaotic and troublesome for many parties that cannot be controlled quickly because of the delay in acting.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
November 22, 2024, 02:15:49 PM
#15
Price hike was normalised already, I can witness that purchasing power reduced drastically and price of goods and service is keep on rising while the money making opportunities being stagnant that forced the people to survive instead of living and COVID lockdowns doesn't really caused this, the government printed the paper money is causing this problem a little later and there won't be any solution for this, we as individual can save us from these endless loop by moving to decentralised monetary system.
full member
Activity: 714
Merit: 174
November 22, 2024, 02:08:46 PM
#14
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.
Covid-19 pandemic has had a heartfelt impact on the world’s economy today, which has led to major changes across various sectors. Many countries suffered major setbacks in their gross domestic products as businesses closed down because consumer spending also fell. The imposed lock-downs and restrictions also added to the fall. Nigeria was not so good before the pandemic, if we never had a pandemic, and experienced the pandemic now with our current economic situation, we will still suffer as much as before. If on another hand, there is a recurrence of the pandemic, considering the current situation of my countries economy, and how we have not recovered or even progressed far from where the last pandemic kept us, if there is another pandemic right now, it will be devastating, people will defy government orders for lock down, and that will make it even harder for the government to control the pandemic.
member
Activity: 225
Merit: 64
November 22, 2024, 01:26:25 AM
#13

My question now is what if the pandemic came the same time with the current situation of your countries Economy.
you know, we cant tell when pandemic will hit and it doesn't wait for you to be prepared for it economically before it comes. are you trying to say that at the time covid 19 came or during the Ebola virus, the economy was stable and had only that to combat with? absolutely not. at the time there were a lot of local and global unrest and people had to find a way of dealing with all of them at the same time and if you survived you survive and if you don't then that's probably your fate.

if covid or any pandemic comes now, those that will survive will survive and others that will die will die. sometimes its not even about an economy, there are people that couldn't survive the covid even though they had a better economy and some of them were even rich. others had a very bad economy but the pandemic didn't affect them that much. pandemic cripples an economy but at the end, survival is what really matters, every other thing can always be fixed in the future.

The ebola virus was a child's play compared to the pandemic #covid-19 during the ebola virus there was no lock down and I believe it was a thing of some weeks in my country I don't know if it lasted for a month or so in other countries. But we are all hoping and praying that in this time nothing of such should happen else millions will die not of the virus but of hunger especially if lockdown is imposed again.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
November 22, 2024, 12:58:42 AM
#12
The combination of the pandemic and a struggling economy could have led to unprecedented global challenges: skyrocketing inflation, widespread unemployment, and food insecurity. In such a scenario, the strain on healthcare systems, social welfare, and public order would likely have been catastrophic, with vulnerable populations taking the brunt of the impact.
full member
Activity: 518
Merit: 227
November 22, 2024, 12:45:32 AM
#11

My question now is what if the pandemic came the same time with the current situation of your countries Economy.
you know, we cant tell when pandemic will hit and it doesn't wait for you to be prepared for it economically before it comes. are you trying to say that at the time covid 19 came or during the Ebola virus, the economy was stable and had only that to combat with? absolutely not. at the time there were a lot of local and global unrest and people had to find a way of dealing with all of them at the same time and if you survived you survive and if you don't then that's probably your fate.

if covid or any pandemic comes now, those that will survive will survive and others that will die will die. sometimes its not even about an economy, there are people that couldn't survive the covid even though they had a better economy and some of them were even rich. others had a very bad economy but the pandemic didn't affect them that much. pandemic cripples an economy but at the end, survival is what really matters, every other thing can always be fixed in the future.
legendary
Activity: 2170
Merit: 1789
November 21, 2024, 10:48:20 PM
#10
Moreover in my opinion instead of hypothesizing on worst-case scenarios, we should focus on how to be resilience against future crises. Economic diversification, strengthening health system, and better multi-national cooperation would be the solution for a better management on global crisis, those should be the keys priorities.
Wouldn't hypothesizing on the worst-case scenario be a basis for making future regulations? I don't think they're necessarily the opposite. For example, if the government doesn't foresee the worst-case scenario with inflation it would be difficult to make a plan B/C to prevent/fight those situations when they materialize. It's really hard to see if things are going to change in the short-term though, considering how many different people are on the chains and they have different goals. Bureaucracy is such a bottleneck for making quick decisions. CMIIW.
sr. member
Activity: 1400
Merit: 268
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November 21, 2024, 06:30:45 PM
#9
My country was in really bad condition when the Covid happened, but today's economic is not much better either, we have current global economic challenges including inflation and geopolitical conflict, they are very different to COVID-19 pandemic which mainly affect supply chains and health crisis. However https://www.spglobal.com/marketintelligence/en/mi/research-analysis/global-economic-outlook-november-2024.html shows that in countries with better economic, inflation begin to ease, and even though some political conflict in several region hasn't been resolve it's still somewhat contained, and not escalating. And as far as I know many governments and their central banks has learned something and adjusted on how to react to crisis from what we have experienced in COVID era.

Moreover in my opinion instead of hypothesizing on worst-case scenarios, we should focus on how to be resilience against future crises. Economic diversification, strengthening health system, and better multi-national cooperation would be the solution for a better management on global crisis, those should be the keys priorities.
full member
Activity: 154
Merit: 115
November 21, 2024, 11:21:17 AM
#8
It will take a certain period of time for the economy to recover.
Many industries and supply chains were locked down for a few years and countries and their citizens are still paying the price.
Some countries only live on tourism and they had even more difficulty during that period. There was no transportation, everything was closed and those in the tourism business were eliminated during that period.
hero member
Activity: 3234
Merit: 775
🌀 Cosmic Casino
November 21, 2024, 11:07:37 AM
#7
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.
It will be tough. That pandemic was truly difficult, most economies and industries were closed. Many were laid off from their jobs, shops closed, and the entirety almost closed except those that needed to keep up with the economy. So whether it happens as of now or at the same time, the same results I guess will happen. There is no need to think of any what-ifs about that because it was dark times. But I recognize the people that were fortunate at that time, mostly didn't affected by it because of the industry that they belong.
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
November 21, 2024, 10:13:36 AM
#6
My question now is what if the pandemic came the same time with the current situation of your countries Economy.
Some countries have not recovered fully from the COVID-19 pandemic. Countries that depend on tourism for most of their income are just beginning to open up to tourists and regaining their sources of income. In my country, the government is still blaming COVID-19 for some challenges we are facing.

Not only some countries but the whole world has not yet fully recovered from the damage caused by the covid 19 pandemic. Even though the world's two largest economies, the United States and China, are still struggling with high inflation and have not fully recovered, we should not be too disappointed that the rest of the world's economies have not recovered.

With the discovery of vaccines and some drugs that can combat the virus, I don't think there will be massive lockdowns like we saw last time. Nations are better prepared on how to handle the virus. But a new strain that defies medication or vaccination might bring untold hardship to the global economy. It will lead to economic recession in many countries.

If this is a pandemic caused by a new virus, no amount of preparation can prepare us for it. Because before covid, the world faced many pandemics but the human and economic damage was still huge. The problem is not that the government is not well prepared for such situations, but that we do not have enough human resources to deal with such new problems. If we were to face another pandemic at this time, things would certainly be worse than what covid has caused.
hero member
Activity: 574
Merit: 554
Leading Crypto Sports Betting & Casino Platform
November 21, 2024, 09:48:59 AM
#5
My question now is what if the pandemic came the same time with the current situation of your countries Economy.
Some countries have not recovered fully from the COVID-19 pandemic. Countries that depend on tourism for most of their income are just beginning to open up to tourists and regaining their sources of income. In my country, the government is still blaming COVID-19 for some challenges we are facing.

With the discovery of vaccines and some drugs that can combat the virus, I don't think there will be massive lockdowns like we saw last time. Nations are better prepared on how to handle the virus. But a new strain that defies medication or vaccination might bring untold hardship to the global economy. It will lead to economic recession in many countries.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
November 21, 2024, 09:48:45 AM
#4
They did have a choice. We had a choice. There always is a choice, no matter the subject. In this case the policies were awfully wrong and I feel sorry for all those people that suffered or worse, even more so in retrospective. Prime case example: Sweden.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
November 21, 2024, 09:41:25 AM
#3
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.
It’s not like they had the choice.

It’s either they impose the lockdown or they gamble with people’s lives and health. Even if they didn’t do the lockdown, the hospitals and medical staff would have suffered due to the amount of sick people entering and requiring their facilities and services. Maybe medical practitioners would have been affected which would cause a decline. Either way this plays out, I don’t think it would be good for the economy.

Sure, some governments could have handled it better but at the moment a lockdown was absolutely necessary.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
November 21, 2024, 09:33:18 AM
#2
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.
member
Activity: 225
Merit: 64
November 18, 2024, 05:24:23 PM
#1
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.
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