Economy after COVID-19 - page 7. | Bitcointalksearch.org

muarip

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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.

Sithara007

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Quote from: Mauser on May 27, 2021, 01:43:56 PM

I agree that covid is likely to stay with us for the next few years, but the impact covid has on our life will change. The number of vaccinated people is rising each week, it is just a matter of time until we reach 60 or 80% of the population with the vaccine. At the moment we are seeing that economic growth forecasts for next year are very positive, which results in rising stock markets. In my opinion we have the worst of covid behind us and should focus now on rebuilding our countries. The economy took a big hit, but once everything goes back to normal we can expect a strong economy again. It is all about remaining optimistic.

It is not easy as you say. Reaching a vaccination coverage of 60% is not possible in 2021. We are almost through mid-year and still only around 6% of the world's population has been fully vaccinated. You are talking about a scenario where ten times that number is going to be vaccinated in the next 7 months, which I believe is unrealistic. Simply the manufacturers have failed to keep up with the demand. And they don't want to invest too much in to production, because the pandemic will go away in a year or two and after that these facilities will be useless after that.

AndySt

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Quote from: Mauser on May 27, 2021, 01:43:56 PM

I agree that covid is likely to stay with us for the next few years, but the impact covid has on our life will change. The number of vaccinated people is rising each week, it is just a matter of time until we reach 60 or 80% of the population with the vaccine. At the moment we are seeing that economic growth forecasts for next year are very positive, which results in rising stock markets. In my opinion we have the worst of covid behind us and should focus now on rebuilding our countries. The economy took a big hit, but once everything goes back to normal we can expect a strong economy again. It is all about remaining optimistic.

I don't fully agree about a strong economy after COVID. If we talk about the effect of a low base and the processes in the economy that continue for more than a year due to the epidemic, then of course, if everything goes well with vaccination,then we can talk about the recovery of economies in the next few years. But the signs and symptoms of the economic crisis that roamed the world before the pandemic hit have not gone away. I also have great concerns about the growth of stock markets, because a very significant part of this growth was due to the unprecedented growth of the money supply and it is not fully clear whether it will be possible to put the genie in the bottle after the curtailment of economic stimulus programs to avoid hyperinflation.

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Quote from: tyz on May 27, 2021, 12:03:52 PM

I think most people have a false assumption. Covid will not disappear anytime soon, we will just learn to live with it.

Just the same with other diseases, this virus is already here, we will learn how to use to it and how we keep our distance
to avoid being infected.

Quote

The pandemic will keep us busy for years to come, even if many things become more normal again through vaccination.

Yeah right, not because of those vaccines but because people are more aware of possibilities, what Covid brought to all of us
are something that we will remembered for the rest of our life.

Quote

But as I understand it, many people believe that the virus will disappear shortly and that it will all be over. This is wrong!

Hopefully, even if won't disappear completely proper medications might be available in curing this disease.

buietaw

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In addition to what has been said. changes itself in the virus. its purpose is to survive.

But I think we will soon encounter different types of viruses than covid. The 21st century may be the year of the virus.

Mauser

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Quote from: tyz on May 27, 2021, 12:03:52 PM

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 think most people have a false assumption. Covid will not disappear anytime soon, we will just learn to live with it. The pandemic will keep us busy for years to come, even if many things become more normal again through vaccination. But as I understand it, many people believe that the virus will disappear shortly and that it will all be over. This is wrong!

I agree that covid is likely to stay with us for the next few years, but the impact covid has on our life will change. The number of vaccinated people is rising each week, it is just a matter of time until we reach 60 or 80% of the population with the vaccine. At the moment we are seeing that economic growth forecasts for next year are very positive, which results in rising stock markets. In my opinion we have the worst of covid behind us and should focus now on rebuilding our countries. The economy took a big hit, but once everything goes back to normal we can expect a strong economy again. It is all about remaining optimistic.

tyz

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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 think most people have a false assumption. Covid will not disappear anytime soon, we will just learn to live with it. The pandemic will keep us busy for years to come, even if many things become more normal again through vaccination. But as I understand it, many people believe that the virus will disappear shortly and that it will all be over. This is wrong!

conected

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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.

muarip

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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.

globalpain

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Quote from: Vishnu.Reang on May 27, 2021, 01:57:26 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.

For the economy to recover properly, first the pandemic needs to be contained. And with just 6% of the world population fully vaccinated against COVID (around 400 million till now), that target is at least one year away. And even those who are fully vaccinated needs booster shots after a duration of 12 months. And from what we have seen, the vaccine manufacturers are unable to meet the global demand. On top of that, at least some of the vaccine manufacturers are facing tough questions related to efficacy.

What is clear is that it is not easy, of course, to be able to see the economy recover to its original state considering that most countries are still imposing restrictions on overcoming Covid 19,
Besides that, the distribution of vaccines is not evenly distributed because indeed vaccine production is still in the process stage,
so for this year it looks like the economy cannot return to normal

Vishnu.Reang

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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.

For the economy to recover properly, first the pandemic needs to be contained. And with just 6% of the world population fully vaccinated against COVID (around 400 million till now), that target is at least one year away. And even those who are fully vaccinated needs booster shots after a duration of 12 months. And from what we have seen, the vaccine manufacturers are unable to meet the global demand. On top of that, at least some of the vaccine manufacturers are facing tough questions related to efficacy.

PIR

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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.

globalpain

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Quote from: Ngemmeng on May 23, 2021, 03:51:19 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.

a shortage of medical personnel and a limited number of vaccines forced the government to implement the system. vaccinations are carried out periodically, the first to get the vaccine is medical personnel. then after that the government apparatus and after that the elderly.

That is why medical personnel are very important at this time so of course the priority is medical personnel,
because if the hospital is short of medical personnel it will be a new problem,
therefore I think it is a decision for the government to implement that system

Vishnu.Reang

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^^^ For the last 3-4 weeks, most of the states are under strict lockdown. Test positivity in Delhi has come down from 30% to 2%, and similarly the other state where the second wave originated (Maharashtra) is also showing a sharp decline in the number of cases. Most of the deaths are occurring in people who got infected 2-3 weeks ago and by mid-June the daily death toll should come down to 1500-2000 (which is still a large number). Vaccination program has slowed down considerably since April, due to the embargo imposed by the United States. The embargo was lifted only recently, and it will take a few months to get the production back to previous levels.

Betwrong

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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.

Vishnu.Reang

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Quote from: Betwrong on May 20, 2021, 05:28:32 AM

It's still a good decline. Let's wait a month or two for the final outcome.

As of other countries, where the vaccines are supposedly not that effective, it's in the interest of rich countries, as well, to stop the pandemic globally. So, even if AstraZeneca is not effective(which I personally doubt), they will provide the world with better vaccines. But, again, this will hardly be needed, because all the authorized vaccines are effective enough.

AstraZeneca is having excellent results in the United Kingdom. Even in India, the preliminary results indicate that the AstraZeneca vaccine has protected those who received two doses of it, despite the emergence of the double-mutant strain. In most of the states, a majority of the deaths are now from the under 45 age group, which confirms that the vaccine has protected those who received it (above 45 age group). It may not be as effective as the mRNA vaccines, but on field results have proved that it has so far saved millions of lives.

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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.

a shortage of medical personnel and a limited number of vaccines forced the government to implement the system. vaccinations are carried out periodically, the first to get the vaccine is medical personnel. then after that the government apparatus and after that the elderly.

Sithara007

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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.

Betwrong

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Quote from: Sithara007 on May 20, 2021, 12:14:44 AM

Quote from: AndySt on May 19, 2021, 06:21:43 PM

Quote from: Vishnu.Reang on May 19, 2021, 01:06:20 PM

The United States is still reporting 700-800 deaths per day. I am actually surprised by the numbers, as the vaccination rate there is above 60%. Why so many Americans are dying despite such a high vaccination coverage? And regarding lockdowns, I don't think that many countries can afford that right now. The economies are not in great shape. Also, it has been shown that lockdowns only slow down the spread and not prevent the infections in the long run.

Let's not forget that most vaccines are two-component and for the formation of immunity require vaccination twice with a certain interval in time and the formation of immunity itself takes time, then vaccination will not help a person who is already ill with COVID 19, so we will be able to see the real results of vaccination only after some time, but not right now. As for lockdowns, I would like to say that it is impossible to introduce them permanently for the second year, because people need to somehow survive and earn a living by their economic activity, and lockdowns can turn into deaths and diseases for other reasons.

That may be true. But in the case of United States, most of the vaccinated population has already received two doses of the vaccine, so we would naturally expect a steeper fall in the number of infections (as per the latest numbers available, 124 million people have been fully vaccinated there, with another 34 million partially vaccinated). The UK is having a lower rate of full vaccination, but the cases there have fallen by more than 95%. In case of the US, the decline is more moderate and in the range of 60%-70%.

It's still a good decline. Let's wait a month or two for the final outcome.

As of other countries, where the vaccines are supposedly not that effective, it's in the interest of rich countries, as well, to stop the pandemic globally. So, even if AstraZeneca is not effective(which I personally doubt), they will provide the world with better vaccines. But, again, this will hardly be needed, because all the authorized vaccines are effective enough.

Sithara007

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Quote from: AndySt on May 19, 2021, 06:21:43 PM

Quote from: Vishnu.Reang on May 19, 2021, 01:06:20 PM

The United States is still reporting 700-800 deaths per day. I am actually surprised by the numbers, as the vaccination rate there is above 60%. Why so many Americans are dying despite such a high vaccination coverage? And regarding lockdowns, I don't think that many countries can afford that right now. The economies are not in great shape. Also, it has been shown that lockdowns only slow down the spread and not prevent the infections in the long run.

Let's not forget that most vaccines are two-component and for the formation of immunity require vaccination twice with a certain interval in time and the formation of immunity itself takes time, then vaccination will not help a person who is already ill with COVID 19, so we will be able to see the real results of vaccination only after some time, but not right now. As for lockdowns, I would like to say that it is impossible to introduce them permanently for the second year, because people need to somehow survive and earn a living by their economic activity, and lockdowns can turn into deaths and diseases for other reasons.

That may be true. But in the case of United States, most of the vaccinated population has already received two doses of the vaccine, so we would naturally expect a steeper fall in the number of infections (as per the latest numbers available, 124 million people have been fully vaccinated there, with another 34 million partially vaccinated). The UK is having a lower rate of full vaccination, but the cases there have fallen by more than 95%. In case of the US, the decline is more moderate and in the range of 60%-70%.

Topic: Economy after COVID-19 - page 7. (Read 9008 times)