Topic: Economy after COVID-19 - page 13. (Read 9008 times)

Until now, the cases of layoffs are very high, I feel that the world is still not recovering and it is still very hard to face the crisis due to the pandemic.  It is not only the health burden that is currently depressed, but especially the economy.  The demos are everywhere because they think these are just engineered conditions.

It would slowly recover. But for affected businesses like airline and travel companies, amusement and tourist attractions, etc., it would take them a very long while to recover because of prolonged shutdown in their businesses, especially those employees who were being included in massive layoffs. I really felt for them, but that’s how it is. Life must go on, and they need to find alternatives that would make them a living.

There will definitely be a lot of changes, especially for activities related to many people, work is no exception. even after the vaccine has been implemented throughout the world, the world will remain vigilant about the covid health protocol. it might impact on economic activity as well, such as export-import restrictions, and also people-related jobs. is it annoying? I think that now and in the next few years, technological advances are inevitable, and it is likely that online jobs will be the main solution and will also be the economic cycle in the new world after the pandemic.

So for crypto to negatively impact the stock market and thus undermine funding for companies and ventures, I think is very far-fetched. On the one hand, the stock market is at a very high level and there are massive exaggerations in many places. That means there is enough money. On the other hand, the central banks are providing enormous support. In some countries, such as Japan, the central bank even buys ETFs, in Switzerland even directly shares, with money that was created out of nothing. A recent study shows that a large part of the aid money in the U.S. flows into the stock market (and probably also into the crypto market). I think one reason why we are not seeing very high inflation at the moment is that people are investing their leftover money less in consumption and more in the financial markets. If that reverses, we will see much higher inflation.

Service will be the most affected industry, according to my own country's statistics, tourism, restaurants and hotels have the highest rate of affected workers that cause unemployment.  Inflation also entails other professions.  Food, food, oil prices continue to increase, making economic life become arid.
Even the stock-class insurance fell.  Bitcoin and cryptocurrencies along with stimulating cash flows are benefiting greatly from covid 19. A highly anticipated large cash flow conversion, real estate, gold or bitcoin.  we have the proof!

It is true that economic condition is getting worse with every passing day. But that doesn't mean that the bars and pubs should open and the youth should be allowed to party there till sunrise. Opening the shops and restaurants is one thing, and opening bars/pubs is another. Both these should not be mixed. What is the benefit to the economy, if the youth is allowed to drink and party? They should refrain from such activities until the pandemic is contained.

In my country the economy is running as usual but there is still distance and what I know is that the income is not massive, meaning their income was not before Covid-19 so now there is a more severe decline because people are reluctant to leave and here there are still a lot of downturns even though some of the economy has been allowed by the government.

But the government still continues to spend funds to deal with covid-19 because every day it is still increasing even though vaccinations have been implemented in my area.

People today are very ignorant of their health and what I see the cause is a psychological condition that is fed up with the continuous spread of the virus but the economic condition is deteriorating with all forms of social restrictions.  People now think more about their guts than they are afraid of an invisible virus.  I also sometimes do the same thing.  With the news that the virus is mutating and growing, it is even stronger than before.  As if there was no end, even the inflation was looming before the eyes.  And what needs to be prepared is asset insurance assets to mitigate the risks that will be faced in the future.

There are two sides to it. In many of the third world nations, a herd immunity was achieved at least in some of the regions against the COVID 19 virus. But recently, some of the more mutant strains of the virus has emerged and these strains are causing infection even to those who acquired immunity earlier. Now the general population is slow to act against these new strains and they are behaving as if nothing has been changed.

A higher inflow of funds in to the cryptocurrency sector may not be beneficial for the economy in general. Because at least some of that amount may be diverted from the stock market and that will create issues for the listed companies. And this is also one of the reasons why the governments discourage investment with "store of value" assets such as gold and silver. 

The economy of each country during the pandemic is not good because the business are closed due to corona virus so when the stores or business starts to operate again their goods or products become higher the price because the government make high taxes so the economy will recover and I hope this year our economy will back to normal and we beat the corona virus so we can back to normal life again.

Why people do really have the impression that bitcoin or crypto market could really have this kind on making it as a solution? We are talking economic matters which are indeed been heavily affected

with this pandemic situation we are in and look back that we are already 1 year before these things been started and we have seen on how bad it did really affect the every country.

For investment then people do really have other options or paths to take which would really be saving up themselves.Crypto market hadn't dumped in spite of the situation.

Actually it needs long time to make the economic country back and run as before. How you can imagine that this pandemic has been giving a bad thing for all economic country. Because they will do anaything to make their economic back especially making a lot of money paper as a stimulus. Yeah, you will already know the impack of creating a lot of money paper, as I said it will take a long time to make the economic back to normal. This is why they need a good place to save their asset, crypto currency is the best investment place so far because almost investment place just give a bad return for their investor different with bitcoin.

Results of  this pandemic in our economy can be really seen, many people suffered in hunger, bankrupt companies, food's prices become doubled, some cpuntries have debt from other countries and the worst is; many people died because of it. Can't deny that bevause of this pandemic, our economy became worse.

Businesses need to adjust to the changed circumstances. The pandemic is already more than a year old and in all probability it will remain as such for at least 12 more months. I guess businesses had enough time to adjust to the new circumstances and most of them have successfully done that. Even in my area, a number of businesses have moved from dine-in facilities to take-away and delivery modes. Those who failed to adjust have closed down their operations.

I believe that the current situation today is primarily the result of strong government bans, and I am also sure that in the future the situation may become more complicated if certain measures are not taken, because even the distribution of the vaccine in the world will not bring the desired result, because a significant number of people do not want to get vaccinated. This fact already indicates the possibility of increasing the morbidity threshold, which will lead to another tightening of quarantine measures, which in turn will again harm medium and small businesses.

It has been a year, and I can say, well, in my country that the economy has been going down, not only because of the 2nd wave but because of inaccessibility going outside, makes other businesses lose their economy, not only that but also the whole country is suffering, another wave is about to happen, sadly, a new variant which amplifies the virus itself, this is going to be difficult, hence, depletes economy once again for another year, sadly.

And another type of Covid is hitting southeast asian country, we all know that government are trying to provide people's
need but it's really a heavy load for them.

Without the cooperation of all the people inside their jurisdiction, it's going to be a long battle against this virus and the
economy will surely suffer more.

The side effects of most vaccines are normal and they would only last at least for a day. Of course before rolling this vaccines out, they have done the research very well because they do not want to prolong the ongoing pandemic but of course there would be unknown lapses as time goes by and lets just hope that they are ready for it so they could created another effective vaccine for people that is not yet taking it. Its true that living in the South East Asian countries, we are the ones really taking the heavy toll because of the unprepared government and some people taking it too easy saying that its just another virus that would not affect them which clearly taken a heavy toll on them. 

We could probably live in a post-pandemic future where everything goes digital. Physical shopping, in-person learning, and paper money will be no more as COVID-19 transforms our economy and society in ways that were never imagined. The post-pandemic economy will be directly attached to the digital realm. We're now seeing increased interest from mainstream governments and central banks in launching digital currencies (CBDCs) of their own. More people are becoming interconnected in the online world. Digital payments adoption increased exponentially since the pandemic took the world by storm. Telework (remote work) is now the norm in the business sector. The longer it takes for the pandemic to disappear, the faster we'll head towards complete digitalization of our everyday lives. Who knows what the future holds after COVID-19?

Nonetheless, the distribution of vaccines worldwide tells us that there's light at the end of the tunnel. The pandemic won't last for long with vaccines in play. When will that happen is a mystery right now. Everything will depend on government's efforts to tackle the pandemic in the least time possible. New mutations are surging, so governments must act quickly before it's too late. Otherwise, the economy will continue to sink until chaos ushers all around the world. Just my thoughts