Topic: Crisis after the epidemic - page 6. (Read 2885 times)

This pandemic is hard to end without the discovery of drugs and vaccines. because so far all countries have only reduced contact from illness to the healthy, not to cure the pandemic. almost all countries are not ready to accept the fact that this pandemic can worsen the economy, because many companies have to close. true colleague said above that many new unemployment occurs in almost all countries because of this pandemic, so the state must help fundraising so as not to worsen the security situation. because the danger of hunger can arise because of the inability of citizens to be able to provide for their daily lives, due to not having money to spend.

We cannot go back to the normal life that we have before, after this crisis there will be a new normal where we can now see discipline and respect in our society. We should learn from this crisis, I am sure that there will be a new habit that will formed after this current recession. There are now many lives are on the line because of the virus, I am sure that most of the governments all over the world will improve their health care system because of what happened.

The crisis will get worse after the epidemic This crisis will not end so soon Unemployment will increase as the economy is disrupted If all goes well then people will be able to go back to their working life. But even if it ends, it's not going to end completely so it's going to take two or three years to fix it. But this epidemic is more terrible than other crises The whole world was not affected by the economic crisis of 2008 It was confined to a specific country and did not last long It had medical procedures but there is no vaccine for this disease.

Everything is given since this Pandemic effect will run for years and that is what we can be sure now,i think we can at
 least help the government to faster recovery by nit relying on them about the help instead stand on our own,start planning
 how we can survive while the healing is on going,this is not the same as the past crisis because many says this is almost
 same effect like what "World War" gives so let us make our plans and make it happen for our country and for our family
of course.

I think it will become a global economic crisis, like economic crisis in 2008. The currency depreciated, so did the staple. High unemployment rate as well as a lot of companies and corporations went bankrupt, resulting in a serious drop of securities and stocks.

I think that about 3 years will definitely be very hard. It is necessary to create a vaccine against coronavirus (only the end of this year). Then there will be a process of economic recovery, the creation of new jobs, new companies. In general, 3 years, and this is the most favorable scenario.

Let's see what happens several weeks after the lockdowns are relaxed or lifted. It won't be clear for some time whether that chart shows an actual peak, or just a temporary plateau. New case spikes in South Korea, Wuhan, and Germany are beginning to create fears about the possibility of a second wave after reopening. https://www.cnn.com/2020/05/11/asia/china-south-korea-coronavirus-reopening-intl-hnk/index.html

All we have now is guessing, and that's what governments and banks are doing, they are guessing what will happen and how! Truth is that countries are recording the highest rate of unemployment! Statistic is a bitch, and that's all we hear these days, some statistics from some experts, in the same time while some people don't worry about a thing, some people are struggling to survive a day, along with their families!
It's not like we didn't have crisis before, it's not like some people live in crisis entire lives, what will happen this time is same old, jazz between rich and poor will be bigger!

i think for develop country like japan etc , 3-5 month will recover everything , but for developed country will need more time like 8-12 month to fully recover ,

this certainly affects all aspects of the state and life, in the case of the corona pandemic. it has been seen socially that almost all are affected by the economic downturn that is caused. However, I think the occurrence of the impact of this plague has led to a revolution that will be good again in the lives of people and the country

True, if we can get past this pandemic, this crisis will slowly disappear and where office, industry, and token sales will be reopened and take advantage of the opportunities that exist after the disappearance of this pandemic.
Freezing occurs where business is not running normally anymore. Many people are currently unemployed, meaning there are no other jobs because of the lockdown that is in effect now and of course the country's economy will be in a crisis where their income is reduced due to lack of activity.

If seen from the current developments after the pandemic, the most important thing that happened is the economic crisis, it might be fully recovered, unlike now, When viewed from the background. The world economy is currently deteriorating during the pandemic. The trigger is a porous business place, in a place of entertainment is not normal and a decline in currency exchange rates. people can't travel on vacation, credit, bad banking, swollen state debt this has a direct impact during the corona virus pandemic (Covid-19), is not normal.

Maybe after the end of the pandemic all sectors, for example the lower and upper businesses will be normal to grow the world economy agai.
All this will be triggered by the recovery of the global economy due to the end of the pandemic.

Today there are a lot of things happened to our world when the pandemic outbreak starts to spreading first it hits a lot of people and get died about this, next there are a lot of transactions getting canceled because they don't want to spread the rapidly because it can be attached now into those items and foods delivered because of that there are a lot of stores and countries limited their stocks because the government is getting more strictly to the lockdown. There are a lot of heroes spending their lives just to save another life it is better to follow the rules when the pandemic becomes end there are a lot of things need to recover especially the whole market just to increase the GDP of the different country but still, we are looking forward on it, still, there is some good news and not all the bad news came because there are a lot of people getting recovered rapidly which is a good sign for hope to have a good future and the pandemic becomes end immediately.


We cannot blame others because they need to have supplies too and some of them does not capability to bought it because some of the products affected by the inflation but still always take care to them and avoid them immediately.

In my opinion I guess these crisis too much affects  as a whole.People must adapt the new normal situation where we will be more descipline as a human beings.Our economy have gone down and it takes too much time to restore it..and in that moment we need strong leaders and more vigilant and responsible person to put some things back together.
Just my opinion.

Pity we can't say today that Bitcoin is still rising. Bitcoin almost hit $10k this time, but I think lots of sell orders in the range "$9,950 - $9,990" were waiting for their turn. Too bad they didn't cancel them after that Bloomberg article.

As for the pandemic situation, I can't help but think that things are starting to improve:



and the market reacts accordingly:



Ah yeah, gold! But who needs gold when everything is going to be okay?

Through experience, we might think in a different way, but once the days are passing, we might forget about things happening now. We should always focus on earning for feeding our family, Pandemic really testing the middle-class people because they will depend upon their daily wages, losing jobs might create more pressure on them.

Lockdown and social distancing bring a wave of de-industrialization, de-finalization, physical disconnection, and global localization. Reduced capital due to de-industrialization, de-financialization, physical disconnection, and global localization is what we might see in the coming months. Capitalism can turn securities into valuables, corona can turn securities into the paper. The owner of capital is no more than the owner of a pile of paper in a pandemic, all his physical assets (land, factories, and other means of production) return to pure potential: the potential that cannot be actualized into wealth during a pandemic.

In addition, the business models of each industry are forced to change, namely, home production, scaled-down, on-demand distribution. Economic activities will be handled locally in a very small territorial scope. The economy will be the economy of citizens, insulated in districts or similar territorial spheres. Each country will struggle to manage their respective economies.

Multilateral cooperation in the form of multilateral cooperation should not be bilateral because bilateral cooperation is prone to hitching up the interests of certain parties. After the pandemic ends, the government will boost consumption as it did after 911, where Bush asked Americans to use credit cards to shop. In addition, the transparency program through information exchange and cooperation against tax avoidance is a global tax agenda.

     We do not know how long the crisis can last after the pandemic. Global production has stopped for a while, so the economy has suffered. The economic recovery after the pandemic also depends a lot on the potential of each country. Unfortunately, inflation has risen in most countries and many people have lost their jobs. Nothing will be the same as before, but I hope that we humans have learned something from this experience and appreciate more what we have.

The crisis and bankrupt are not something thats unheard of before but if you check the covid-19 situation, you'll see that it case is something the world have not heard before because the effort of the medical personal in getting the virus vaccine yield no result and the longer this happen the more the crisis it will cause.


Honestly, this kind of thing is against the forum rules but if you truly need help and can provide a genuine evidence. I will advise you to write your situation on this thread which is purpose to help the people of this forum.

I am sure it will be a big deal for a while but it is not really going to be something that is unheard of before and will not pass at all. There will be a lot of debt, there will be a lot of bankruptcy, there will be a lot of "I am barely affording food at this point" level, however in 10 years we will be doing better once again, and in 15 years we will have another crash that will put it all back to this level again. As long as the system is not fixed at all we are going to keep having the same cycle all the time.

Companies and rich people can't keep getting richer and richer, eventually there will be no more money they could make, people are basically living in poverty and there are too many people who just buy stuff to survive and not luxury, so companies crash because they can't get more money from people since people are poor, so government prints money and economy crashes and companies are saved, we do this 10 more years and people go back to being too poor and so forth, its endless cycle.