Topic: Crisis after the epidemic - page 11. (Read 2918 times)

Hopefully the corona virus crisis can end as predicted by experts. Many health observers are of the opinion that the corona virus is starting to
decline in june. And it is likely that the month of August has really ended, but the world economy has already been destroyed. So it takes time
to be able to bounce back, if the economy has improved, usually other sectors will also recover. Although it will not make a normal state as
before again, at least we can learn from this corona pandemic. We must be able to live healthy and have savings. For that, starting from now,
start collecting cryptocurrency, so if there is a pandemic like now, at least you can prepare yourself.

At the moment, I am very worried about tourism and manufacturing services. The amount of oil in the world reflects practically that there is no longer a need for production, so the new barrels are stagnant. In addition, the tourism service industry is also greatly affected by social isolation. They are suffering heavy losses and are likely to go bankrupt after Q3 if the disease is not controlled. then the economy will be badly affected and debt will increase more and more, we can think of the prospect of great economic crisis!

Its simple, think about all the retail shops that have been closed down for months. They are looking at huge losses and they need to recover these losses with time. So to do so they need to raise the price of articles in order to cover the same profit or break even in the close of this year or maybe stretched till next year Q1. We have had indigenous industries closing down and not being able to produce anything, they are taking the biggest losses, and they will have to cover it in some way. Prices of goods will thus rise but lets see what actually happens.

Whether bitcoin will help? Nope in my opinion, bitcoin is way far off. People dont even have money to buy stuff, forget about bitcoin. Countries where bitcoin is used, maybe there it can help. But that group is a minor one. Most countries dont have places to spend bitcoin yet.

for example, according to observations, it seems very unlikely in this context that the world will return to the idea of mutually beneficial globalization that defines the beginning of the 21st century. and without incentives to protect the mutual benefits of global economic integration, the architecture of global economic governance established in 20th century, it quickly stopped developing. then there will be a need for great self-discipline for political leaders to maintain international cooperation and not retreat to open competition in gothic

That might take a very long time, some predictions say that we need about a year for vaccine. I don't think that people and businesses can endure that much, such quarantine can only lead to deep crisis and  poverty. Mo country in the world can cover such losses so the consequences of quarantine at the end might be much worse than consequences of virus.
To my opinion the world is heading towards worse crisis since WW II.

It will not be long, because when the pandemic ends, at least the recovery will be done quickly and the bad thing that surely keeps happening is when this pandemic cannot be ended quickly and not about after the pandemic ends, because our main problem is to fight and cut off the spread Corona plague to restore the world.

I think if this pandemic continues to occur then the crisis in all countries will experience the same thing in the economy and in the field of industry weaknesses still occur where the government is still overwhelmed in the face of Covid-19 which continues to soar every day then from that every government will be busy dealing with patients being infected is being exposed to thousands or even hundreds so the economy certainly cannot be controlled so we must be able to think about what we have in our assets before our needs are not met.

It seems that this crisis will appear longer where Europe, which is the world's industry, is experiencing the greatest impact at this time.

Not really that long, in fact people can go to a new normal with a lot of restriction even if pandemic still exist but the one thing that can get it to what we are enjoying the normal activities, is after we got a vaccine that can totally kill this virus, nothing else can get us back to that but a vaccine.

If you don't trust Chinese officials(and you have good reasons for that, imo), use other sources of information for your research.

Let's take a look at how's it going at Spain, for example:


As you can see, the number of daily deaths has dropped by almost 70% since Apri 2.

Now, Italy


The picture is almost identical.

What else, France? Ok.

No peak amounts of daily deaths for France since April 15.

My point is that the coronavirus pandemic is on the decline in many countries already, and most likely it will take 2-3 months more, at most, to start forgetting about it and returning to normal lives.

And if they invested billions in international markets I think they did the right thing because, in my opinion, the world will experience great economic growth, not decline, after the whole thing is over.

What problems await us after the coronavirus, we still have to find out.  Of course, according to the official statements of the Chinese government, their cities have practically got rid of the virus and such large companies as Tesla and BMW have already begun to work.  I believe that this trend will be observed throughout the world, after countries overcome the spread of the virus, and even better, when the vaccine developed by scientists and pharmacists will fully work.  but nevertheless, it is necessary to take into account the fact that today, almost 42 percent of people are isolated, which means that practically business does not work and people have no income, and their savings also end.  On this basis, even if some enterprises and factories begin to work, people will not be able to buy all this until the financial situation improves.  in this way we will still be very at home feeling the effects of this crisis.
But the most important thing that happens is a complete change in the usual rhythm of life, because from the time of isolation Even those people who have never used computers or smartphones have already learned to use the Internet.  Based on this, not only study and trade, but also work for many people will become commonplace through the Internet.  At this point, I am considering a very large potential for the cryptocurrency market.  In addition, people must take a fresh look at society and their rulers, because the government does not perform the functions that people assigned to them.  So, welcome to the new world.

This is a big question that the world really don't know when will it end. But If the government and the people are cooperative in combating this crisis then we could ease the situation.

Since most economies are down and lots of businesses closed, It will take time before the economy and people can fully back to normal life. However we will learn a lot from this crisis.

This pandemic virus gives so much disaster in different countries, there are so many things are not being affected because of this like the people, business and economy.

After this quarantine I dont know how long our economy will face the problem that this virus leaves to us. There are so many bussiness that falls because of being quarantine to prevent the risk of spreading the virus.

I hope that this virus should stop because I don't think what will happen if this virus lives longer, what will happen to those thirs country, they are already hopeless, they cannot assure if they can recevier after this virus.

In our country, general community quarantine will be implemented as long as no vaccine is created even the curve has been flattened. This might be the new normal since there is no coming back to what normal is. This means only a few are allowed to go out, those who are working and transport will be limited, curfew will still be implemented and there will be a checkpoint everywhere.  Even some businesses will be closed, some will be allowed to operate again but with limited hours. The pandemic had affected our lives greatly, even the economy suffered a lot.

Crisis of pandemic make many countries faced trouble because why not they attack when first time this virus coming and try to lock down, when fist step did I think not many people have lost their job and keep doing activities like usually.

i don't get it. why?

consumer confidence is making record setting declines. with less people working and spending money, the law of supply and demand says prices should drop.


some large cities are still completely locked down, especially along the border of russia. the consensus is that the official statistics are bogus.

This crisis will be quite long and heavy industries and services will be the most affected. If the epidemic lasts until September, there will certainly be a great recession or economic crisis in 2021 and 2022. The time lasts at least about 2 years and then the economy will slowly begin to develop. back to development. but it only affects countries with high numbers of cases such as the US and some countries in Europe. The biggest impact will still be the education and tourism industry, potentially thousands of companies will be bankrupt in this pandemic.

it will take long because after this event the world will start almost all over again
as we can already asses what is the status of
each countries now.
imagine the price of oil in stocks turns negative?and look even the super power country in the world like USA is not really in crisis.
i believe that we will recover at least mid of next year 2021 or even the next year after that.

Ehh you wont get that ability to save much here because the prices of everything will rise after things change, which in my opinion will take more than a year or two. Slow release of the lockdown means that goods will be priced high and you will have to spend more. So forget about saving money even though everyone wants to save money.

Not every part of the world is like that and not every third world country is sponsored by Elon musk to give Tesla at low cost. People will have to manage with raised oil prices and likely go for public transport more often.

I dont see the importance of bitcoin here though. A broken fiat economy is always going to fixed first. Bitcoin is the least issues at this point.

If the question is "when" probably no one can answer that question. But I'm pretty sure all of us here wanted this crisis to end soon. We wanted to go back to our normal lives. Who doesn't, right? I think this will take longer if those hard headed people are not following the govt's implemention about sociak distancing, etc.

Furthermore, the changes after this crisis is the economic being recovered thus making it to grow together with the other fields. This situation we are suffering will be a lesson to all. Saving money, proper hygeine and other ways to survive.

No one can say for sure, I would say that the starting point for recovery will be the beginning of a broad vaccination of the world's population, and probably for 3-4 years, all countries will experience the negative effects of coronavirus.