Economy after COVID-19 - page 6. | Bitcointalksearch.org

Mauser

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Quote from: dongyi17 on May 31, 2021, 02:47:44 AM

I think economy after covid-19 demise will continue to survive as they are struggling right now, any countries suffered from covid 19 would want to rise again, many industries would try to open again regardless of how little their income is for as long as they will recover. cryptocurrency seem like the taste of what future would be cashless and for others it is more convenient and safe to use after pandemic had done to their countries.

I have similar expectations of the economy after covid. Usually the stock market is a good indication of how investors are thinking about the future. So as long as stocks are keep rising I think we will be fine. Economic forecasts and stock forecasts usually go hand in hand. If companies are doing fine so does the economy, and vice versa. Higher stock prices means more investing, which means more money for the future.

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Quote from: Sithara007 on May 30, 2021, 09:27:15 PM

Quote from: bengsabeng on May 30, 2021, 10:17:40 AM

natural immunity is too risky because To achieve this goal more than 85% of the population must be infected. if this happens, the number of victims who die will experience a very significant increase. in other words it was the same as sacrificing them Angry

Agreed. The mortality stands at 2% to 3% now, and 85% infection rate means that anywhere from 1.7% to 2.5% of the population will die from the disease. We can't afford that as of now. The best option is to go for mass vaccination, which will prevent the deaths by 98% to 99%. There are a few instances of vaccinated people contracting COVID, but overall the probability is much lower when compared to unvaccinated people.

2.5% of the population worldwide? that is exaggeration because there is not even 1.5% who dies by now and the virus is slowly getting rid already.

Quote from: ardydyon on May 28, 2021, 08:51:47 PM

I think the economy after covid 19 will be many changes and adjustments in various sectors in which the emergence of this virus we always reminded of social distance .The use of cash is likely to reduced use digital money to do a transaction. The same thing happened in the buying and selling of and carry on our business will be turned over to procurement of online one in which a buyer and seller of do not need to see directly. Uncertainty like when this is gonna take a long time to Economy recover at least before we restore this pandemic.

it is changing already , there are so many things that already change now.

bryant.coleman

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Quote from: Betwrong on June 02, 2021, 04:06:15 AM

Norway's population is 5.328 million, and they have 783 deaths reported.
Finland's population is 5.518 million - 956 deaths.
Sweden with population 10.23 million has 14,413 deaths.

From the data above it's clear that the Swedish model has totally failed. But it's not much of a wonder. When you think you are smarter than the whole world you fail in the end more often than not. It's not people of Sweden to blame, though. I'm sure they would follow the authorities' orders and instructions. It's Sweden's authorities who acted highly irresponsibly.

Herd immunity is simply not the solution. In order to achieve herd immunity without vaccination, you need to sacrifice 3% to 4% of your population (that number may be higher with the new strains). But let's not forget that within Sweden, several of the scientists were vocal in their opposition to the government's policy (including well known researchers such as Stefan Hanson). Unfortunately, the individual who was the mastermind behind this policy (Anders Tegnell) still has his job as the state epidemiologist. In any other country, this guy would have been fired and in all probability will be facing prosecution for 12,000 additional deaths.

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Quote from: bryant.coleman on May 31, 2021, 06:39:00 AM

Quote from: Betwrong on May 31, 2021, 05:14:49 AM

Waiting for natural immunity to happen, while doing nothing, is too risky indeed. But there is no country in the world right now where something like this is happening. Various measures are being taken to prevent the spread of COVID-19: vaccinations, restrictions. Also, apart from stimulating the immune system to produce antibodies, the vaccines help to prevent people developing severe Covid symptoms. I'm sure the solution is vaccination, but when most people of the world will be fully vaccinated is a big question. Right now it's only 5.5%. Looks like we have 3-4 months of the vaccination process ahead. It's a long time, but the world economy will survive. We can see from the past year that it is strong enough to survive many months of unfortunate events.

Sweden, Brazil and Mexico are some of the countries that tried the herd immunity approach. And look at the condition of these countries right now. All of them have much more deaths from CoVID 19, when compared to the neighboring countries. In case of Sweden, they have reported 14,413 deaths from CoVID 19 till now. On the other hand, the neighboring countries such as Norway and Finland have reported less than 1,000 deaths each. Look at the stark difference.. this is what herd immunity approach did.

Norway's population is 5.328 million, and they have 783 deaths reported.
Finland's population is 5.518 million - 956 deaths.
Sweden with population 10.23 million has 14,413 deaths.

From the data above it's clear that the Swedish model has totally failed. But it's not much of a wonder. When you think you are smarter than the whole world you fail in the end more often than not. It's not people of Sweden to blame, though. I'm sure they would follow the authorities' orders and instructions. It's Sweden's authorities who acted highly irresponsibly.

bryant.coleman

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Quote from: Betwrong on May 31, 2021, 05:14:49 AM

Waiting for natural immunity to happen, while doing nothing, is too risky indeed. But there is no country in the world right now where something like this is happening. Various measures are being taken to prevent the spread of COVID-19: vaccinations, restrictions. Also, apart from stimulating the immune system to produce antibodies, the vaccines help to prevent people developing severe Covid symptoms. I'm sure the solution is vaccination, but when most people of the world will be fully vaccinated is a big question. Right now it's only 5.5%. Looks like we have 3-4 months of the vaccination process ahead. It's a long time, but the world economy will survive. We can see from the past year that it is strong enough to survive many months of unfortunate events.

Sweden, Brazil and Mexico are some of the countries that tried the herd immunity approach. And look at the condition of these countries right now. All of them have much more deaths from CoVID 19, when compared to the neighboring countries. In case of Sweden, they have reported 14,413 deaths from CoVID 19 till now. On the other hand, the neighboring countries such as Norway and Finland have reported less than 1,000 deaths each. Look at the stark difference.. this is what herd immunity approach did.

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Quote from: bengsabeng on May 30, 2021, 10:17:40 AM

Quote from: Gyfts on May 30, 2021, 12:06:37 AM

Not sure how accurate Indian COVID numbers are but that peak isn't going to be the last. Only way you get control of COVID is through herd immunity, whether through natural immunity or vaccine distribution. India has neither, so expect a few more steep increases. US is a good example of how there were numerous peaks and declines. It's only until the vaccines rolled out until the decline of cases remained down.

natural immunity is too risky because To achieve this goal more than 85% of the population must be infected. if this happens, the number of victims who die will experience a very significant increase. in other words it was the same as sacrificing them Angry

Waiting for natural immunity to happen, while doing nothing, is too risky indeed. But there is no country in the world right now where something like this is happening. Various measures are being taken to prevent the spread of COVID-19: vaccinations, restrictions. Also, apart from stimulating the immune system to produce antibodies, the vaccines help to prevent people developing severe Covid symptoms. I'm sure the solution is vaccination, but when most people of the world will be fully vaccinated is a big question. Right now it's only 5.5%. Looks like we have 3-4 months of the vaccination process ahead. It's a long time, but the world economy will survive. We can see from the past year that it is strong enough to survive many months of unfortunate events.

Gyfts

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Quote from: bengsabeng on May 30, 2021, 10:17:40 AM

Quote from: Gyfts on May 30, 2021, 12:06:37 AM

Not sure how accurate Indian COVID numbers are but that peak isn't going to be the last. Only way you get control of COVID is through herd immunity, whether through natural immunity or vaccine distribution. India has neither, so expect a few more steep increases. US is a good example of how there were numerous peaks and declines. It's only until the vaccines rolled out until the decline of cases remained down.

natural immunity is too risky because To achieve this goal more than 85% of the population must be infected. if this happens, the number of victims who die will experience a very significant increase. in other words it was the same as sacrificing them Angry

The numbers varied, usually it's something like 60-80 percent, but the CDC and WHO were never really sure. The real number might be higher. Sweden tried herd immunity and their strategy actually failed (kind of) -- their deaths per capita were high and no matter how hard they tried to limit collateral damage. Their strategy was to let their economy move freely, not restrict businesses, and let young and healthy people get infected, recover, and get naturally immunized. Not sure if I'd call it a sacrifice.

dongyi17

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I think economy after covid-19 demise will continue to survive as they are struggling right now, any countries suffered from covid 19 would want to rise again, many industries would try to open again regardless of how little their income is for as long as they will recover. cryptocurrency seem like the taste of what future would be cashless and for others it is more convenient and safe to use after pandemic had done to their countries.

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Quote from: bengsabeng on May 30, 2021, 10:17:40 AM

natural immunity is too risky because To achieve this goal more than 85% of the population must be infected. if this happens, the number of victims who die will experience a very significant increase. in other words it was the same as sacrificing them Angry

Agreed. The mortality stands at 2% to 3% now, and 85% infection rate means that anywhere from 1.7% to 2.5% of the population will die from the disease. We can't afford that as of now. The best option is to go for mass vaccination, which will prevent the deaths by 98% to 99%. There are a few instances of vaccinated people contracting COVID, but overall the probability is much lower when compared to unvaccinated people.

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Quote from: bengsabeng on May 30, 2021, 10:17:40 AM

Quote from: Gyfts on May 30, 2021, 12:06:37 AM

Not sure how accurate Indian COVID numbers are but that peak isn't going to be the last. Only way you get control of COVID is through herd immunity, whether through natural immunity or vaccine distribution. India has neither, so expect a few more steep increases. US is a good example of how there were numerous peaks and declines. It's only until the vaccines rolled out until the decline of cases remained down.

natural immunity is too risky because To achieve this goal more than 85% of the population must be infected. if this happens, the number of victims who die will experience a very significant increase. in other words it was the same as sacrificing them Angry

I think immune will naturally happen by itself. try to look at the graph of the number of infections due to this virus. agree or not natural immunity will form by itself. it is too difficult to stop the spread of this virus, maybe natural immunity is the only way to defeat this virus.

bengsabeng

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Quote from: Gyfts on May 30, 2021, 12:06:37 AM

Not sure how accurate Indian COVID numbers are but that peak isn't going to be the last. Only way you get control of COVID is through herd immunity, whether through natural immunity or vaccine distribution. India has neither, so expect a few more steep increases. US is a good example of how there were numerous peaks and declines. It's only until the vaccines rolled out until the decline of cases remained down.

natural immunity is too risky because To achieve this goal more than 85% of the population must be infected. if this happens, the number of victims who die will experience a very significant increase. in other words it was the same as sacrificing them Angry

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Quote from: globalpain on May 30, 2021, 03:09:49 AM

It seems that the problem in India is the distribution of the vaccine itself.
I think this problem is inseparable from the limited production of vaccines,
Of course the government must do something so that the spread of Covid 19 does not return to its peak

Talking about India, the main issue is not the lack of availability of the vaccine, but the delays due to red tape and bureaucracy. There was a statement form Bharat Biotech (the manufacturers of Covaxin, the second vaccine that is used in India). They were claiming that it takes around 120 days to complete all the bureaucratic hurdles, after the vaccines are manufactured at their facility. So vaccines that are manufactured in March first week will most probably reach the population by July first week. In Western nations, this process does not take more than 1-2 weeks.

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Quote from: Gyfts on May 30, 2021, 12:06:37 AM

Quote from: Betwrong on May 26, 2021, 05:29:28 AM

...

Not sure how accurate Indian COVID numbers are but that peak isn't going to be the last. Only way you get control of COVID is through herd immunity, whether through natural immunity or vaccine distribution. India has neither, so expect a few more steep increases. US is a good example of how there were numerous peaks and declines. It's only until the vaccines rolled out until the decline of cases remained down.

It seems that the problem in India is the distribution of the vaccine itself.
I think this problem is inseparable from the limited production of vaccines,
Of course the government must do something so that the spread of Covid 19 does not return to its peak

Gyfts

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Quote from: Betwrong on May 26, 2021, 05:29:28 AM

...

Not sure how accurate Indian COVID numbers are but that peak isn't going to be the last. Only way you get control of COVID is through herd immunity, whether through natural immunity or vaccine distribution. India has neither, so expect a few more steep increases. US is a good example of how there were numerous peaks and declines. It's only until the vaccines rolled out until the decline of cases remained down.

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Quote from: Betwrong on May 26, 2021, 05:29:28 AM

Quote from: Sithara007 on May 21, 2021, 10:24:38 PM

Quote from: ?? on ??

At present, even though there is a Covid-19 vaccine, the increase in Covid continues to increase in several countries, one of which is India, if Covid-19 has completely disappeared on this earth, then world economic growth will gradually increase, because currently there is a lot of unemployment which makes people have to adapt back to their original jobs

Indian government made the mistake of prioritizing 45 plus age group for vaccination. They should have actually vaccinated as many people as possible with the first dose, before administrating the second dose. But they went the other direction and that reduced the vaccine coverage. Now most of the deaths are occurring among those who are under 45 years. And given the enormous population size of India, the situation is unlikely to change for the next 5-6 months.

Something very disturbing is happening in India right now with daily new deaths being at the highest level during all May:

But if look closely, we can notice that maybe a decline is emerging. And if we combine that with the fact that daily new cases are in decline since the beginning of May

I think we can hope that the situation will change for better much earlier than after 5-6 months.

Deaths always lag new cases, so if new cases are falling currently it is reasonable to expect that deaths will start to follow the same trend in the future when the latency period between diagnoses and the binary outcome of death or recovery catches up. The danger is that perhaps India is overwhelmed and can't keep up with reporting, in which case deaths will not start to fall because it's actually new cases that are under reported and not because infections are actually going down. It is already widely expected that the true number of cases is greatly under reported in India.

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Quote from: judaspriest on May 29, 2021, 04:12:39 AM

Quote from: muarip on May 28, 2021, 11:39:33 AM

Quote from: conected on May 27, 2021, 10:59:28 AM

Quote from: muarip on May 27, 2021, 10:32:02 AM

Quote from: PIR on May 27, 2021, 12:50:12 AM

In positive way people begin aware on their environment, to become careful and vigilant to people their meet everyday. After Covid i think economy will rise again, many business are function again and many jobs are open also with safety protocol even the covid is gone.

I'm not so easily sure that Covid-19 will just disappear, it's a virus that keeps growing every year maybe every 10 years. you can see the bird flu virus and other types of viruses that the world cannot solve. But we only hope good things will come in the future. I'm curious to see a government can stop Covid-19 so cleanly.

- Right now, the only thing we can do together is just pray and hope for the solutions that the government will provide to improve the problems related to Covid, can't let the spread of Covid increase every day like this, the numbers show the global nature of the problem, I've watched too many movies about apocalypse and doomsday but couldn't think that one day, a similar situation would come up in such a way. The question of the economy is sure to be covered a lot in the near future, it is impossible to know which direction the unemployed will take next.

The big duty of a government to take care of their population for the better. but some countries are not very good at dealing with this problem. there are countries that do not really care about the virus and only seek to profit from the vaccines they find. there are some countries also doing corruption with money used for people affected by covid. very sad.

I am surprised that you say there are countries that don't really care about Covid 19,
does that country not see that Covid 19 is a dangerous virus because in fact we can see for ourselves that there are thousands or even millions of people who have died from this virus,
seeing things like that is certainly very sad and hopefully this incident does not happen again

I'm not going to mention which countries do not really care about their citizens because that could be a new issue later. but I know from reliable news. there are countries that are only thinking about how to make money from the virus. for example, that the vaccine that is given has to spend money from each citizen. issue a fee from the covid-19 free check letter.They are constantly looking for ways to make money for themselves.

CryptocurencyKing

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There isn’t any economy that wouldn't be able to revive itself in time, if not, whats the essence of production and international relations. It would all be for nothing should the possibility of a revival be out of the picture. Where the issue lies is always as to how long. We all know or are aware through which ever source that before there would be a lasting success or development, there must be a great suffering. That suffering is the pandemic and it shuck not just one nation's economy but the economy of the world to the point were we had individuals actually being a brothers keeper to others. It was amazing! We saw people actually being patriotic towards the needy to aid them pass through the phases of the pandemic.

The pandemic brought a from of sensitization to citizens of nation's that there are opportunities even in the least of places and most of all, on the internet. Now everybody wants to benefit from the services avail on the net, the world or labour force of a nation is no longer limited to physical tasks but now, could attract wealth to a nation form the opportunities on the net which would in turn bring more ey into the system for other capital investments. The economy would grow to stability again.

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Quote from: muarip on May 28, 2021, 11:39:33 AM

Quote from: conected on May 27, 2021, 10:59:28 AM

Quote from: muarip on May 27, 2021, 10:32:02 AM

Quote from: PIR on May 27, 2021, 12:50:12 AM

In positive way people begin aware on their environment, to become careful and vigilant to people their meet everyday. After Covid i think economy will rise again, many business are function again and many jobs are open also with safety protocol even the covid is gone.

I'm not so easily sure that Covid-19 will just disappear, it's a virus that keeps growing every year maybe every 10 years. you can see the bird flu virus and other types of viruses that the world cannot solve. But we only hope good things will come in the future. I'm curious to see a government can stop Covid-19 so cleanly.

- Right now, the only thing we can do together is just pray and hope for the solutions that the government will provide to improve the problems related to Covid, can't let the spread of Covid increase every day like this, the numbers show the global nature of the problem, I've watched too many movies about apocalypse and doomsday but couldn't think that one day, a similar situation would come up in such a way. The question of the economy is sure to be covered a lot in the near future, it is impossible to know which direction the unemployed will take next.

The big duty of a government to take care of their population for the better. but some countries are not very good at dealing with this problem. there are countries that do not really care about the virus and only seek to profit from the vaccines they find. there are some countries also doing corruption with money used for people affected by covid. very sad.

I am surprised that you say there are countries that don't really care about Covid 19,
does that country not see that Covid 19 is a dangerous virus because in fact we can see for ourselves that there are thousands or even millions of people who have died from this virus,
seeing things like that is certainly very sad and hopefully this incident does not happen again

Sithara007

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Quote from: ardydyon on May 28, 2021, 08:51:47 PM

I think the economy after covid 19 will be many changes and adjustments in various sectors in which the emergence of this virus we always reminded of social distance .The use of cash is likely to reduced use digital money to do a transaction. The same thing happened in the buying and selling of and carry on our business will be turned over to procurement of online one in which a buyer and seller of do not need to see directly. Uncertainty like when this is gonna take a long time to Economy recover at least before we restore this pandemic.

The governments always want to do away with physical cash, as it is a 100% anonymous form of payment. The pandemic has given them a shot in the arm to implement their policies on this regard. Here in India, many of the government offices are no longer accepting cash payment. After a certain limit, it is mandatory to use the electronic mode. If the tend continues, then I am afraid that physical cash will be completely eradicated in a decade or two. And that may not be a good news for us, as it will increase the government surveillance.

ardydyon

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I think the economy after covid 19 will be many changes and adjustments in various sectors in which the emergence of this virus we always reminded of social distance .The use of cash is likely to reduced use digital money to do a transaction. The same thing happened in the buying and selling of and carry on our business will be turned over to procurement of online one in which a buyer and seller of do not need to see directly. Uncertainty like when this is gonna take a long time to Economy recover at least before we restore this pandemic.

Topic: Economy after COVID-19 - page 6. (Read 9008 times)