Topic: Government slowly open the economy, will it make the pandemic worst? - page 5. (Read 1318 times)

Stock indices represent an important parameter, because a large majority of the economic turnover is accounted by companies which are listed in the market. What you are saying is true, as the stock prices can be affected by speculation. But this doesn't hold true for the long term. In 99% of the cases, the stock prices will go up only if the company is performing well. And in the absence of other parameters, the stock indices represent a somewhat accurate measurement of the economic health.

Our economy is going down because of this pandemic, many people are now getting hungry because of being jobless, our government is slowly planning to recover our economy, many establishments are now being open with restrictions, of course, they still need to implement proper hygiene, disinfectant, and social distancing and the capacity of the customer to dine in are only 50%. I am hoping that this move will not make the situation worse, it is just a risk movement for the government bt what would it be, if they won't allow people to work, they cannot support anymore all the people especially if this pandemic will live too long.

The government is already re-opening the economy because they can't continue to lock down the country without thinking about their people. If the lockdown continues, the economy will also stop, and many people will suffer without any chance to survive.

In this way, the government and their citizen need to responsible for their health. It is hard for all people, but that is what it needs to do right now. If they can cooperate, the infection will not increase. And the infection can decrease, which can help the government cure people who got infected by Covid.

It is a good thing if the government can slowly re-open the economy because that means the government gives business owners a chance to start their business, which can make the economy start running. That can provide the people to have a new job of joining in that business.

In my opinion even if the vaccine is not available if the government takes strict measures the effect of the virus can be brought under control governments of all countries are opening up everything to improve the economy so they have to take every step to protect. Legal action will have to be taken for those who do not comply with the health rules stricter laws will reduce the negative impact and citizens will become aware of the economy.

In my point of view considering that In my country most people are hard headed?yeah it can worsen the situation and make more infections a days goes by.

We knew how hard to detect each virus carrier unless being treated in Hospital meaning in each groupings either in groceries or in streets,Virus can be spread without anyone knowing they are already infected.
for me until the Vaccine is ready maybe better to remain the GCQ and let limited establishment to operate.

Why is it the most important parameter here? As far as I know stock prices are just that it could really mislead a lot of people since the prices can also be affected by speculation and like what I have previously said they can be overvalued or undervalued based by other people in the market. Basing the development of your economy based on stock prices will just cloud the other details. Yeah a company might be performing well in times like this that's why their stock is going up but it wouldn't say the same thing for the economy of the whole country.

Actually all of the protocols mandated by the government are just minimum health prevention to which means that even if you follow it still you could get the virus. Why?

First, the virus could still live in the things that has been touch like the chairs, tables and comfort room. Anyone who touches those things that virus on it could get vmthe virus too or even transfer it to other things. Now there are actually hard headed individuals that are not really doing their things or just making the protocols as compliance for them not to get caught by the authority. Washing of hands and disinfect with alcohol usually forgotten so we can expect more cases to come in the future.

There is no way around it, if the government continues to lock down its territory, the economy will run slowly and more people will lose their jobs, so new normal should be applied. The pandemic will get worse, more people will be infected until a vaccine is found. meanwhile, people are responsible for following health protocols, taking care of themselves, boosting immunity to minimize the chance of being infected with the virus.

We need to live with it and there are precautionary measures has been given by the government already so people should follow all given protocols to make them safe. It's really hard to live with this but we need to adopt on new normal since if we let the lockdowns continuously happen for sure our economy will collapsed.

As you shouldn't let ourselves starve and act accordingly with the protocols since this is the key for us to survive in this pandemic.

If we will not start to make things in this new normal, then it would be hard for our economy to recover again. I guess people are already responsible enough to follow those health protocols that are imposed by the government because if they won't, they are the ones who will suffer the consequences. The second wave for this pandemic might be very possible but we should not let also ourselves to starve at this moment because of the fear of transmission of corona virus.

No, but we can at least save the economy by opening it,
There is no other choice but to do it, or else it will be too late for the government to save the economy.

It will get worst but not as fast as how we encounter during the early encounter with covid-19. The thing is people know how and what to do right now, they also started to follow health protocols due to their fear of having the virus.

Although the reopening of the economy might make the pandemic worse by causing a second wave, I do not believe the government has a choice but to do it.
During the lock down, just like OP mentioned, there was a downturn in the economy of many countries which in turn causes a lot of suffering for the people. Many workers were laid off, many were without pay, which in turn means they can't pay bills or taxes or other form of revenue for the government. If things like this happen, then the government definitely needs to find a way to restore things which is only by reopening the economy.
I think the only thing necessary to ensure that it doesn't worsen the pandemic is ensure that proper preventive measures are put in place and violators of these measures are sanctioned

I have a theory that the reduced r-naught values on populations with high densities is due to people contracting the virus without developing symptoms., and then developing quite a resistance against COVID-19.

Most asymptomatic patients do not develop any form of uneasiness or slight discomfort on the average incubation time of COVID-19, as opposed to those who developed symptoms a week or two after being exposed. As such, the immune system of asymptomatic people have loads of time to develop an immune resistance against the virus until it is completely repelled, and convalescent plasma is developed by the body which is then relayed in the blood stream without the person even noticing it. In this way, the asymptomatic individual would have its own defenses up against the virus, further reducing the spread of the disease in a community setting. Also something to keep in mind that almost 96% of the cases recorded are from asymptomatic individuals, and the numbers could be even higher since most people who don't feel any symptoms just go on with their lives as if it's just a normal day. On paper this should even be scarier, as our models always projects on the worse side rather than the better side, but on an actual setting most models are, in fact, flawed in some ways.

Of course, there is still a threat of promoting community transmission all over again and a single superspreader event can cause all efforts to mitigate the spread to shatter after economies are re-opened. Then again, governments should consider that at some point, people have to go out, earn some money to get some food on the plate rather than keep them quarantined until a vaccine is developed. They can't just propose to give helicopter money to aid the sustenance of their citizens; it will even pose greater problems if not controlled. That's why the imposition of health and safety guidelines should be as tough as ever in order to get the economy back without compromising everyone's health and safety.

Public transport is really where thing would get murky and is a top candidate for a superspreader event. Governments should draft guidelines for people wishing to board or operate a public vehicle. By doing so, the risk of spreading diseases into different communities is prevented, and people would have some means of transportation to and from different locations.

Honestly there's a lot of things to keep in mind before re-opening the economy, but the gradual decline in r-naught values in some of the high-density populations makes me think about us controlling the spread successfully, or the governments underreporting cases to minimize the anxiety, paranoia and fear among the general public in order to support the immediate reopening of their countries to several facets and aspects of the economy.

We have been like this for a few months now. We started to be under this quarantine when few cases are reported. Now, that the government fears that this Corona virus may collapse our economy even more ,they decided to open our economy. I know that health must be our first priority but still there are things we should not neglect. For me, government's decision to open the economy was okay. Many will be back with their jobs and little by little we will rebuild our country from this harmful covid-19. I don't think that slowly opening our economy will make the pandemic worse but citizen's lack of discipline may.

Many have been killed by the corona virus that is spreading more than 7 months now that is making the government to do something to wake the economy up again in the country.
Many people are still wearing face mask and washing of hands to avoid the virus that is spreading to disrupt the economy of the country. Government are trying their possible best to make sure the vaccine is be ready to cure the virus that is killing the citizens anyhow in the country that is making them to rise the economy to normal.
I think the slowly of the economy will not make the pandemic worst as before because many strategies are on ground not to allow people to experience pandemic.

We have no choice or else we will suffer more if many people can’t still go to work and the result is expected, let’s just trust the government that they are ready to accommodate more people now that many people are already allowed to go outside.

Many people are dying now not because of pandemic but because of hunger and the problem on how to support the needs of their family so I support this move by the government, this is already a survival of the fittest until the covid is still here.

Of course, it will make the pandemic worst. But the problem in our country is not pandemic only. People need food, but our government can't provide it anymore. I didn't blame the government or the people doing the job they know to have food for their daily needs. Even if the government didn't slowly open the economy, many people would surely find a source of money outside.

FYI, please don't just pick images off of Google just to make your post look more like a shitty mainstream media article.  It just bloats your post and the images aren't necessary.

Second, the world you're describing sounds nothing like mine, which makes me think this might be more appropriate for a local board--unless you at least give us some idea of where in the world you're talking about.  I'm not asking that you dox yourself, but unless I missed it (I didn't read every word OP wrote, because his grammar is so bad) you didn't mention what country you're in.

Third, as far as the topic goes, fuck the pandemic.  The virus is nowhere near as deadly as its being portrayed in the media, and we've got to get on with our lives, coronavirus or not.  The world can't be shut down indefinitely for an outbreak of a virus that's closer to the common cold than it is Ebola or Smallpox.  Politicians should be listening to the entire scientific community, not just advisors.

I agree with your point of view. Economic openness can be a threat to the economy, especially in countries with large tourist arrivals. There is a need for strict management between agencies in the state system to prevent pandemics. A recent example where I see economic opening up, social activities back to normal, potentially the risk of pandemic continuing to complicate, in China, pandemic lasting months and recently In October 2020, couples held many weddings, hundreds of thousands. 19 more COVID-19 infections were found in the community in the nation's chain of wedding events, a sign that we should not neglect pandemic prevention.
I think the use of masks and regular daily hand wash with the antiseptic solution is essential among people.
https://www.reuters.com/article/us-health-coronavirus-china-cases/mainland-china-reports-19-new-covid-19-cases-idUSKBN27502R

Well.. stock index can't be the sole criteria for measuring the economic health, but it is among the most important parameters. But one of the disadvantages is that it doesn't take in to account the small and medium sized businesses which are not listed in any of the stock markets. The stock market indices should be taken along with other indices such as unemployment rate and GDP growth.