COVID19 VACCINE AND ECONOMIC GROWTH? - page 5.

leyton11

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Quote from: erikoy on August 15, 2020, 06:34:03 AM

It is known worldwide that russia had been into the last phase of the trials of Covid19 Vaccine. It already coordinated with other countries to participate in the last phase of trial and that is the mass vaccination of the said Vaccine for covid19. Some countries like Philippines is wiling to cooperate and even buy the Vaccine.

As I have read some articles about creating a Vaccine would take the usual time frame needed before it will be created and declare as safe could take up to several years like 5-25 years. In this case the Vaccine was being made rush and it could harm people especially in the plan for mass vaccnation.

Now, if the trial of this vaccine will come to your place and ask you to get injected by the vaccine for free would you do it? or not?

If it could be proven effective what do you think about the economy of all country which will going to lead now in the economic growth?

Edited -

Although they know that vaccines take a long time to be safe, with the current situation they need it urgently. they must choose 1 of 2 paths. If they do vaccines in a safe way, then surely the economy will be in crisis and the people will be even more rebellious like the previous times. If they do it in a way that accelerates progress and only experiments for a short time, they could save the world economy and the lives of so many people. So I asked you, if you were you, which option would you choose?

SANihal02

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Effective and safe vaccines against coronavirus are being discussed around the world. People’s expectations on the magical solution of the vaccine are now more than necessary. But the battle to defeat the virus has a long way to go.

Leviathan.007

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The crisis effected economy hardly in all over the world. Now and in this time, any country who create and produce the vaccine will become one of the most powerful countries economically. Also, since during the crisis gold price touched a new ATH I guess after a vaccine came out we can see gold price doing a retracement. Just like a few days ago Russia officially announced about producing vaccine and gold price fallen, also the RUB rised up. However, in the other hand in bitcoin market, producing the vaccine can make the bitcoin rise instead of falling down.

dondonk

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During this pandemic I took care of myself as best I could by keeping my immune system good. If I am offered the vaccine for free in the near future, I will refuse it. something rushed will present problems that will arise in the future. It would be better if you wait for the right time at least 5 years.

Vishnu.Reang

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Quote from: ?? on ??

I don't believe in a vaccine at all. Virus is mutating all the time. During the Spanish Flu they introduced many vaccines that turned out ineffective.

Spanish flu occurred more than a century back. The medical science was not that advanced back then. That said, inventing a vaccine or a medication against a virus is not as easy as doing that against bacteria or other pathogens. One of the major issues is that there can be several strains for the same virus. So a particular vaccine may not be effective for 100% of the population. But an anti-viral vaccine can be successful in slowing down the spread, even if it is not 100% effective.

GDragon

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Quote from: wiss19 on August 22, 2020, 09:44:30 AM

Hmm, rushing towards this would be a risky thing. If they are to bring the vaccine where I live I don’t think I am ready for it, until they are able to prove that the vaccine can be reliable in the treatment of the virus and also prove that there is not going to be any bad aftereffects.

If not that, then I am not ready for it, I would prefer to stay clear from it. I once opened Facebook, and that was earlier this month, and they were doing a survey about the Coronavirus awareness, and one of the questions there was whether people are ready to vaccinated, I gave my answer as no, I wish I was able to see other people’s answers.

Same sentiments, I may wish for a fast vaccine but I wanted it to be done through all the right process, all the vaccines in trial are just in Phase 3. Some authorities in my country even suggest not going through phase 4 just to get it to the people as fast as possible. They are open to take the risk cause they can't solve the pandemic without the vaccine. Some countries do it, we are one of the country who have an incompetent government officials, their hope is the vaccine only.

FlightyPouch

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Quote from: ?? on ??

I don't believe in a vaccine at all. Virus is mutating all the time. During the Spanish Flu they introduced many vaccines that turned out ineffective.

It is not that it is ineffective, the virus is mutating means the virus is finding a way or developing themselves to be immune to the created vaccine. There is a lot to be considered and creating a vaccine is not that easy. There are a lot of phases that it needs to undergo, testing it is really hard especially at those times. Hope we don't reach that record Spanish Flu's holding.

Janation

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Quote from: suvo05 on August 21, 2020, 03:11:39 PM

Quote from: finaleshot2016 on August 21, 2020, 01:59:11 PM

An official vaccine is better than using a vaccine without any trials, we are gonna be a lab rat if that happens.

This a great point of concern, any kind of vaccine takes years to measures all its effects and side effects but the current position of the world is such that the people/ Gov cannot afford to wait for that long procedure.

And they need the vaccine desperately.

People and the Government here in the country are so dependent on the vaccine that the government even accepted that they may be the lab rats of the vaccine of Russia. As far as I know the vaccine are still not done with Phase III, China's vaccine also started its Phase III trials in Argentina so it is really a matter time for the vaccine to be produced. Maybe next year, it will be easier.

bayu7adi

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even though a vaccine is available, I believe it will only be consumed by the closed-minded few. for people who are aware of the bad vicious circle of high-ranking world and country leaders, they are more likely to pay attention to what will happen to this covid

honestly I really hate this pandemic, because my sleep time is getting more and my main job is hampered. I hope that with the vaccine, the economy can recover, even though I would prefer not to use the vaccine

jossiel

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Quote from: oHnK on August 22, 2020, 01:51:12 PM

If the vaccine has been made, I'm not interested in volunteering to try it. I thought the first vaccine must have had a lot of flaws and I didn't want to take big risks and risk my life. but I believe that with the covid-19 vaccine in the future, world economic conditions will soon improve.

There will be certain clinical trials or several tests before it's going to be approved as a working vaccine. They are working on it but it doesn't mean that they will supply it to the world or countries who wants to order it without the proper process of testing it.

AFAIK, the vaccine race is on and most of those countries that are into it are now in the clinical phase 3 trial which is likely the last test of verifying if the vaccine works. Then if it's approved by higher governed bodies of WHO or the health agency particular to that country, they will be in the phase 4 which is the registration of it to market.

oHnK

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Quote from: Savemore on August 16, 2020, 03:05:09 AM

Quote from: ?? on ??

If we don't have a history of being exposed to the coronavirus, why are we willing to be injected with the vaccine and even though it's free but still, it would be better to refuse because basically we are still in good health, because it would be better to put those who need it more. There is still a lot of controversy about the vaccine itself due to the lack of clinical trials, but they will still campaign for vaccines, especially for medical workers and teachers. When a vaccine is still not found but the economic growth will still be carried out by implementing a new normal era but indeed, when the vaccine will really be accepted in the world then it is clear, Russia will take the lead from a more significant economic growth, but it is still not a guarantee for now.

Injecting vaccines are not mandatory after all, the health department of my country is finding a persons as a subject to try the vaccine that the russia invented. As of now, I do not heard in the news who became part of the 3rd trial of the vaccine. Even though there is now a vaccine, the economic growth is not yet fast as we thought. It will really take time in order for us to see the recovery of different economies. Millions of lives are been affected and thousands of business are now permanently close because of the pandemic. It is sad because a lot of countries enters recession but it can be fix if the experts conclude that the vaccine is safe.

I agree with your opinion even though Russia has announced they have made a vaccine for Covid-19. Until the vaccine is declared completely safe to use and proven to cure and prevent. The world economy will not improve as quickly as expected. There will be many stages that each country must go through to improve the economy in the country. There must be many social safety nets to improve the economy in that country. This will take time to resolve the devastating effects of the spread of Covid-19.

oHnK

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If the vaccine has been made, I'm not interested in volunteering to try it. I thought the first vaccine must have had a lot of flaws and I didn't want to take big risks and risk my life. but I believe that with the covid-19 vaccine in the future, world economic conditions will soon improve.

k@suy

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Quote from: bits4books on August 22, 2020, 06:56:45 AM

For some reason, it seems to me that the economy will return to its previous indicators (beginning of 2020) much earlier than mass vaccination will begin. All charts are already almost at the same levels as they were before the total February drop - and this is assuming that all available vaccines are either still in testing or under development

Yes I believe in that as well. As soon as the vaccine will take place in the market, we can expect that the economy will rise again and everything will go back to its place slowly and the economy will recover but the whole recovery will be on 2022 I think. This pandemic creates a large impact in everything especially in our market.

Eternad

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Quote from: Emitdama on August 22, 2020, 11:43:28 AM

Yeah, I’m afraid of taking any vaccine if there is no proof that there wouldn’t be any side effects and that it actually works. Then another question I do ask myself is that if everyone continues to be afraid of the vaccine how are we going to know that it actually works and that there are no side effects? Lol okay I am asking this because I don’t really know the process that goes into creating vaccines, but I’ve heard that they test it on animals (not really sure of that), but is that enough to validate the vaccines? Huh

Damn, this is going to be a big issue, but seriously I am not ready for any vaccine if there is no proof.

I prefer not to have vaccines too as there is also a previous misuse of vaccines in my country regarding dengue. Many fears having vaccines now. If covid vaccine will be proven effective and already tested in different countries that maybe the only time my country will procure a lot as we almost lose our budget now and I don't think mass vaccine is in the budget yet. We're still on the process of recovering or starting to recover in economy as we were still in lockdown.

smyslov

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Quote from: erikoy on August 15, 2020, 06:34:03 AM

Now, if the trial of this vaccine will come to your place and ask you to get injected by the vaccine for free would you do it? or not?

If it could be proven effective what do you think about the economy of all country which will going to lead now in the economic growth?

Our country is in fact made an agreement To Russia to participate in their testing stage and Russia promised us to give their vaccine to us when they finally released and approve it for commercial I don't know it's hard to made a decision you know your country needs a vaccine and your country needs to go back to work, but there is some risk if the vaccine did not go through the right testing phase, I may have to decide which one to choose if the time has come.

Emitdama

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Quote from: wiss19 on August 22, 2020, 09:44:30 AM

Hmm, rushing towards this would be a risky thing. If they are to bring the vaccine where I live I don’t think I am ready for it, until they are able to prove that the vaccine can be reliable in the treatment of the virus and also prove that there is not going to be any bad aftereffects.

If not that, then I am not ready for it, I would prefer to stay clear from it. I once opened Facebook, and that was earlier this month, and they were doing a survey about the Coronavirus awareness, and one of the questions there was whether people are ready to vaccinated, I gave my answer as no, I wish I was able to see other people’s answers.

Yeah, I’m afraid of taking any vaccine if there is no proof that there wouldn’t be any side effects and that it actually works. Then another question I do ask myself is that if everyone continues to be afraid of the vaccine how are we going to know that it actually works and that there are no side effects? Lol okay I am asking this because I don’t really know the process that goes into creating vaccines, but I’ve heard that they test it on animals (not really sure of that), but is that enough to validate the vaccines? Huh

Damn, this is going to be a big issue, but seriously I am not ready for any vaccine if there is no proof.

wiss19

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Hmm, rushing towards this would be a risky thing. If they are to bring the vaccine where I live I don’t think I am ready for it, until they are able to prove that the vaccine can be reliable in the treatment of the virus and also prove that there is not going to be any bad aftereffects.

If not that, then I am not ready for it, I would prefer to stay clear from it. I once opened Facebook, and that was earlier this month, and they were doing a survey about the Coronavirus awareness, and one of the questions there was whether people are ready to vaccinated, I gave my answer as no, I wish I was able to see other people’s answers.

bits4books

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For some reason, it seems to me that the economy will return to its previous indicators (beginning of 2020) much earlier than mass vaccination will begin. All charts are already almost at the same levels as they were before the total February drop - and this is assuming that all available vaccines are either still in testing or under development

suvo05

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Quote from: finaleshot2016 on August 21, 2020, 01:59:11 PM

An official vaccine is better than using a vaccine without any trials, we are gonna be a lab rat if that happens.

This a great point of concern, any kind of vaccine takes years to measures all its effects and side effects but the current position of the world is such that the people/ Gov cannot afford to wait for that long procedure.

finaleshot2016

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Quote from: ilovealtcoins on August 21, 2020, 04:50:09 AM

I think 2020 is a failed year for the world economy. By the end of this year, there will be a lot of people going bankrupt. Facing the stressful epidemic situation, I have faith that the fact that Russia has successfully tested the vaccine and put it into production is a sign of joy. In 2020, maybe the world economy will be better. Currently, because of the epidemic, people can only spend money, not make money. It also means that the poor get poorer and the rich get richer. There are many more billionaires in this pandemic. They hold stocks and their value increases rapidly.
As for the free trial of the vaccine I don't think it should be because it poses a risk to your health. You should wait for official vaccines from such manufacturers to be safer.

2020 is a failed year for 3rd world countries, all of those holes have been revealed that we aren't capable of handling things like this pandemic especially when you have corrupt politicians. China after 6 months of downfall, their economy is already speeding up. But I hope that all of the countries have the ability to recover very fast.

An official vaccine is better than using a vaccine without any trials, we are gonna be a lab rat if that happens.

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