Topic: Economy after COVID-19 - page 18. (Read 8979 times)

That is true. As I usually say, it will take us some time before we experience those things before this pandemic hits. We're not even sure how long that time is but what we know is that the pandemic's effects will last. Just like the jobs some of us have. I think the work from home set up won't be lifted totally unless we can say that the world is covid-free. But at least, we get to keep our jobs and earn and be able to keep ourselves safe from an enemy that we cannot see. However, let's hope that with the development of the vaccine, we can finally say that we have survived the pandemic.

That is true. As I usually say, it will take us some time before we experience those things before this pandemic hits. We're not even sure how long that time is but what we know is that the pandemic's effects will last. Just like the jobs some of us have. I think the work from home set up won't be lifted totally unless we can say that the world is covid-free. But at least, we get to keep our jobs and earn and be able to keep ourselves safe from an enemy that we cannot see. However, let's hope that with the development of the vaccine, we can finally say that we have survived the pandemic.

After covid-19, economy will surely go back to normal little by little. It's not easy to return to normal after a difficult time caused by the covid pandemic. The business establishment can't operate easily like before. Many people still seeking new job after losing it because of covid. There's a lot of things to settle in order to live a normal life again. Hope that this covid 19 will completely completely disappear by the help of the vaccines.

You are absolutely right. We must look for any ways and methods in order to survive, as well as help the people around us survive.
New methods of earning money perfectly demonstrate to us the flexibility of human thinking. Each person is able and obliged to take care of his own survival, even if it is difficult, it is always possible.

COVID-19 will become history, but will certainly change our lives forever. Just my opinion

At the current rate of vaccination, we can see real results at best only by the summer, when the epidemic will again decline due to natural causes. Despite the new restrictions adopted by the state authorities, it is quite problematic to talk about a full recovery of the economy to a normal situation. Small businesses suffer greatly due to restrictions, including the fact that a significant share of profits was earned on Christmas and new year holidays, and now there are serious problems about this. Therefore, we can be happy about the appearance of COVID-19 vaccines, but the situation is still a long way from normalizing.

They need to start making plans on how to improve the country, even at the current situation, they can still make a plan, and this one really involves increasing taxes on other industries, some countries are increasing their taxes on gambling industry, so might be an effective strategy, or allowing more opportunity for operators to operate a casino in a country.

The economic situation around the globe got affected drastically, but people and the governments had learnt big from the covid-19. In terms of change, the environment smells good. Right now things have been slowly getting to the normal working situation. Today the first vaccination developed by Pfizer for covid-19 is being given to an old couple above 85 years of age. This seems to bring positive news on the cure of covid-19.

Many countries of the world really experienced economy failure during the covid-19, that was killing citizens in the country. Many citizens are still in isolation center receiving treatment from the hospital which is really causing the government serious worry about the citizens in the country, that is making the government to do everything possible to end the virus in the country.
Since many countries has found the vaccine for covid-19 show that the economy that covid-19 collapsed during the pandemic will be fully restore back to normal in the country. Many citizens will now return back to their normal activities in the country, since the government has got the vaccine for the virus that is causing many citizens to lose their life in the country.

I think the economy movement after covid-19 would depend on how government would react and take action to improve their country.
So for me it would depend on them if they would start to help others or just sit tight and live on their own.

With the ever-increasing need for social distancing, people are recurring to online payments and e-commerce sites. The longer it takes to find a cure for the disease, the faster our world will change economically. During the pandemic, people will be using credit/debit cards more than physical cash itself. It's no wonder since physical cash is known to carry germs and bacteria with them.

Now, imagine an scenario where the cure for COVID-19 have been found while people are directly attached to the online world. The economy might never be the same as before, since people will start to value intangible items over tangible ones more thoroughly. A world where everything is digitized or "tokenized" seems to be the economy of the future. By then, each country will have its own CBDC living alongside traditional cryptocurrencies we know and love today. China might be the first country to launch a CBDC, followed by the US and several other countries. The launch of government-backed digital currencies wasn't a subject that heavily touched by world leader before the pandemic. Now that coronavirus encourages social distancing, things will accelerate quite a bit in the development of CBDCs for the whole world to use.

How do you think the economy will be after COVID-19's demise? Will it gradually recover? Or will it stay the same? Will central banks collapse to a point where only people transact with decentralized cryptocurrencies in the free world? Your input will be greatly appreciated.

Big businesses that have enough funds are capable to adjust, they have money to work for them not even covid stop them being compensated.

While those in the poverty side only government and those who are generous who can support their needs, economy is down and it will more time

before it really recovered and be back from the last time status.

Through how? printing more money? the lockdowns are the reason why people's lives are in distress. Especially the ones that are from under the poverty line to the under average living people.
Their jobs and businesses were mostly postponed due to it. Why the big corporations are able to continue but with a certain limit but at least, they've got something to earn from even with these tight policies during the covid19 crisis.

Printing more money is not the worst way to solve problems in the current difficult economic situation and is a long-standing and proven economic tool in the hands of the state. Another question is how to sterilize the excess money supply after COVID 19, because it is not a big secret that money printing was actively used by governments to stimulate the economy before the epidemic.

Through how? printing more money? the lockdowns are the reason why people's lives are in distress. Especially the ones that are from under the poverty line to the under average living people.
Their jobs and businesses were mostly postponed due to it. Why the big corporations are able to continue but with a certain limit but at least, they've got something to earn from even with these tight policies during the covid19 crisis.

Through how? printing more money? the lockdowns are the reason why people's lives are in distress. Especially the ones that are from under the poverty line to the under average living people.
Their jobs and businesses were mostly postponed due to it. Why the big corporations are able to continue but with a certain limit but at least, they've got something to earn from even with these tight policies during the covid19 crisis.