Government slowly open the economy, will it make the pandemic worst? - page 6.

Harlot

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Quote from: bryant.coleman on October 19, 2020, 11:32:23 PM

The stock markets have rocketed to the pre-COVID levels, and this shows that the economy is back on track. It is still dangerous to go out, but if you don't have any co-morbidities and in case you are in the 18-45 age group, then I would say that it is OK to travel to work (as long as proper precautions such as wearing mask and maintaining social distancing is taken). Children and the elderly needs to stay at home for some more time.

Stock prices doesn't necessarily reflect the economic performance of the country itself sometimes the prices of stocks are even not in its true value as it can always go overvalued or undervalued due to speculation and demand. Yes we can see that prices of stocks are recovering but when you look at the news you will see things related to unemployment, fiat currencies having high inflation, companies downsizing and even shutting down these things alone shows that the economy continually is getting hit by the pandemic.

darewaller

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Quote from: KingsGambet19 on October 18, 2020, 04:55:03 AM

It made worst when rumors says that the financial support had not reach to them or just being kept by the local officials for their own interest.

Well, I was already expecting that to be said, there are always the bad government officials that keeps oppressing the poor, they never get tired of the money they get from the government, they will still block the pennies that will be given to the poor citizens and keep for themselves.

Tell me, if things should continue like this, do you think that people are still ready to stay on lockdown? How can you be alive doing nothing and hunger is killing you? I know that some so called internet advisers will come out and say that people should look for other skills, but do they really know how long it takes for one to develop new skills and master it? Or they will say get a job online, must we all be working online or must everyone have the same job?

This is very funny. People have even stopped wearing masks, and they are now about their days activities not giving a damn whether there is Corona virus or not.

acquafredda

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I see a complete fracture between the actual economic world and what is going on within the several stock markets globally.
Yes, like someone correctly said the stock market almost reached pre-Covid-19 levels, while China is booming again. Good thing is BTC is booming too because it is really hard to understand what is happening.

bryant.coleman

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The stock markets have rocketed to the pre-COVID levels, and this shows that the economy is back on track. It is still dangerous to go out, but if you don't have any co-morbidities and in case you are in the 18-45 age group, then I would say that it is OK to travel to work (as long as proper precautions such as wearing mask and maintaining social distancing is taken). Children and the elderly needs to stay at home for some more time.

maydna

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Quote from: Akiko on October 19, 2020, 10:46:32 AM

Quote from: maydna on October 18, 2020, 11:33:14 PM

The government can re-open the economy, but they need to warn people who will re-opening their businesses to follow every health protocol. If they don't follow, the government can force that place to close it. If the business owner doesn't follow the health protocols, that can make the pandemic worse. Even it will be worse than the last few months because that can attract many people to get an infection. We risk getting infected by Covid-19 because we don't know who the carrier is or people without symptoms, which can be dangerous to other people.

The government needs to get an income from the business sector, and people need money to continue to survive. If people can still be careful and always have health protocols, that can help people prevent the infection.

there are areas where the protocol is much more relaxed compare from the last 3 months all do the virus still there but the good thing is we already learn how to adopt having it , and we already know how to protect our self right now It will help many people to continue their lives and survive in this survival time.

Even if there is a place or area which do not have strict health protocols, it doesn't mean that we don't have to be careful because we don't know where the virus will come from. No matter where we come from, we need to follow the health protocols, at least, for ourselves, so we can prevent the virus spreads to us.

So if we are in the crowd or the local store or malls, we know how to protect ourselves and our family, which can help the government reduce the number of infections in the crowd. We must do many things when we are in a crowd or the store with many people in one big room.

But it is good for the government to re-open the economy by giving a chance to the business owner to start their business again. That can provide a new way for the economy to grow in this pandemic slowly.

Quote from: Nhebu on October 19, 2020, 06:15:53 PM

We have to risk even there is no assurance of our safety. We might not get caught by covid 19 but we may die because of famine. Many people are struggles to do their daily life because of lockdown. We can't always depend in our government because some of them are corrupt officials. This lockdown is only good for rich and middle class people who can live even without a job for a couple of months, but what happens to the poor? We always struggle to find food even there is no pandemic, what more when there it was?

As long as we can be careful in the crowd, I am sure we will be okay while we can still do what we want in that place. The government is still trying to warn the people in the crowd. They also permit the store to re-open their store because that means the economy in that city or country can start again. All people will still try to continue to survive in many ways, and I am sure they can do that.

Darker45

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Quote from: ShowOff on October 19, 2020, 10:56:03 AM

Quote from: Darker45 on October 18, 2020, 08:09:54 PM

Somehow, the government will have to strike a balance between taking care of the health of its people at the same time keeping the economy afloat. Both are of great importance.

So far, I see that the government in my country is quite good at dealing with the economic problem of people affected by Covid. Many fund are channeled in the form of assistance to communities and can help at least a fraction of their need each month. The implementation of health protocol has also continued to be pursued properly through socialization and banner that are spread almost at every intersection. People can do activities as usual without forgetting health protocol. It looks good because people can make end meet by working. I don't think the second wave will happen because of this.

Government economic assistance to the people can only provide so much and can only last for a very limited period of time. And so the government cannot keep its people inside their homes for long. Time will always come that they will have to go out and find ways to support themselves. Businesses will have to be reopened. The entire economy cannot just rely on government debts.

Quote

But you know, in our place, people no longer believe that Covid-19 is a very dangerous and life-threatening disease. The main reason for this section is that there are too many cases of manipulation of the diagnosis by certain individuals to their patient. I think nearly 50% more of the patient who die are infected with coivid even though these patient died in an accident. I don't know why this happened, and today many people refuse to go to the hospital without any urgency.

Because the hard numbers suggest that COVID-19 is not really deadly. It mainly kills old people and those who have pre-existing health conditions. However, it is indeed very infectious that it is highly possible to acquire it from someone who is not in direct contact.

If I am not mistaken, COVID-19 hospital expenses are usually high. And they are also totally shouldered by government insurances. In this way, hospitals could declare a good number of patients to be COVID-19 patients even though many of them are not so that they could bill the government with large amounts.

Nhebu

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We have to risk even there is no assurance of our safety. We might not get caught by covid 19 but we may die because of famine. Many people are struggles to do their daily life because of lockdown. We can't always depend in our government because some of them are corrupt officials. This lockdown is only good for rich and middle class people who can live even without a job for a couple of months, but what happens to the poor? We always struggle to find food even there is no pandemic, what more when there it was?

harizen

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Several months have passed and I can say that currently, most people now do have some knowledge about how to deal with the Covid-19. Back then, the thinking of how deadly the virus affects everyone's mental health resulting in their resistance to being weakened and always overreacting.

With the economy slowly coming down, it gives hope that we should not deal with the virus for a long-time. It also creates a mindset that the virus is actually curable with only proper medication without waiting for the vaccine.

I'm sure every country that got heavily struck by the pandemic is now ready for any next wave because of the experience. Don't mind the confirmed cases exactly as asymptomatic people dominate that numbers but rather look at the progress of recovery rate.

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Quote from: Shasha80 on October 19, 2020, 04:19:35 PM

After it is proven that the government cannot continuously meet the daily needs of its residents, and also not all residents can
get assistance from the government. Because of that, there is no other way for the government to have the courage to make
decisions, to slowly open the economy. Although on the other hand it will definitely make the pandemic worse.

Indeed, the decision to open the economy is the fastest way to restore the economy, so that people can immediately get a job.
Maybe the solution is so that the spread of the corona virus does not spread quickly, there can be strict health protocols applied,
if someone violates it must be given sanctions so that people want to obey the rules.

Lack of perfect planning is found with every government. One of few countable number of governments were performing with better understanding, and the upcoming situation of bitcoin. However the failure with the governments were not providing subsidiaries and other life essentials during the very strong spreading period.

Anyhow the world hasn't completely succeeded fighting covid-19, but situation is getting better with time. Governments doesn't have reserve, but if the entire corrupt leaders list is prepared large volume of government funds can be recovered and used for the true sufferings.

Shasha80

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After it is proven that the government cannot continuously meet the daily needs of its residents, and also not all residents can
get assistance from the government. Because of that, there is no other way for the government to have the courage to make
decisions, to slowly open the economy. Although on the other hand it will definitely make the pandemic worse.

Indeed, the decision to open the economy is the fastest way to restore the economy, so that people can immediately get a job.
Maybe the solution is so that the spread of the corona virus does not spread quickly, there can be strict health protocols applied,
if someone violates it must be given sanctions so that people want to obey the rules.

Golftech

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Quote from: Swopon on October 19, 2020, 01:01:59 PM

Yes, I think it will be responsible for making the situation worst than before. I am from an Asian country and our government is not taking enough restrictions for the pandemic rather than it should be needed to be more strict so that it can not spread rapidly.

After phase one, the government decided to open the economy, and the consequence of the result is getting dangerous. So it can be said the for this reason the situation will make the pandemic worst.

Balancing the situations really hard, the government of each countries needs to check every possibilities, if there's no real concrete plan to go ahead and reopen the economy the potential spreads will be more likely to happened and spread more of this virus, government should have early precautions or any alternatives incase the said step worsen the situations, slowly and it should be batch per batch it will lessen the spread to quickly hits more people to get infected.

Yatsan

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Slowly opening the economy is not a bad idea actually if the people and the government would be coordinated on implementing strict health protocols in order to control the spread of virus and for it not to worsen the situation with regards to the existence of the covid-19 pandemic. It is kinda risky of course re-opening the business establishments and allowing the come back of the public transportation to be able to meet the needs of the people but if the government will just keep the people locked in their houses, people will just continue to complain and will do things that are against on the health protocols being set just to be able to make themselves out of their houses for the fact that the government cannot duly support their needs on a daily life basis. It is risky yes, but there must be a movement to be done to be able to somehow work things out on doing economic recovery but such actions must still observe and obey strict health protocols so that the long months of lockdown will not turn into nonsense.

Silberman

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Quote from: Assface16678 on October 18, 2020, 06:16:06 AM

It is more like a gamble if I would be asked, in the side of the government from doing so. They would choose to allow activities that fuel the economy because according to them, they do not have the power to still cover the debt without giving permission to the businesses to operate. In my point of view, there is a mismanage with regards to the taxes in some countries which makes them incapable of coping up with such pandemic. Why? Other countries do manage to do so. Is it because those countries are bigger? Well, I would say no. I do live in the same country by the way. Philippines has the highest income tax in South East Asia and that is enough to validate this claim. Corruption is worse in our country.

Going back, to answer the question, yes it would make the pandemic worse. People are havibg no discipline because they are more concerned with this thing called "freedom" not knowing how responsibilities work.

Managing this pandemic form the beginning has been a balancing act, on one side you have the health of your population and in the other you have the economy, at the beginning when the effects of the virus were not very clear governments decided to make the health of their citizens the most important thing and I think they did the right thing, later they were criticized by this but if covid19 was more lethal than it actually is then a disaster would have happened, but now that we are close to getting a vaccine and we have many experimental methods to treat it governments are now choosing the economy over the health of their citizens, this means they prefer the economy to do well and if that means the pandemic gets even worse than before as we are seeing already in Europe thanks to the second wave of the pandemic which is already hitting the continent they are willing to accept that outcome.

Swopon

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Yes, I think it will be responsible for making the situation worst than before. I am from an Asian country and our government is not taking enough restrictions for the pandemic rather than it should be needed to be more strict so that it can not spread rapidly.

After phase one, the government decided to open the economy, and the consequence of the result is getting dangerous. So it can be said the for this reason the situation will make the pandemic worst.

Harlot

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They don't have any choice but to open up their restrictions soon as if they continue to close down businesses their national budget will be flush down by the financial aid they are giving to everyone so they don't really have any choice but to open up businesses so it will help the economy. The next best thing they can do now is to have regulations in place when these businesses have opened up where they have guidelines on preventing the spread of the virus while they are open. They should have these kinds of rules where you can prevent the spread on the normalization of the economy.

Chrystora123

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Omicron is another FUD

We are all now faced with a choice;

stay at home and die slowly due to economic paralysis, or
keep doing economic activities as usual and live side by side with this "PANDEMIC"

In this case the government has done a good job by opening "LOCKDOWN" and starting to stimulate economic activity. Certainty about the vaccine is still "gray", but we can not wait long. We must dare to take risks and follow health protocols everywhere while outdoor..

hahay

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Indeed, the opening of the economic route has been going on since the existence of regulations on health protocols, and some countries have even continued to promote their tourism. Therefore, before I have said about the world needing to restore the economy or they continue to shut themselves at home, these two factors are something that will continue to be considered because the economy is time to be restored so it's no wonder, when many sports and other things start working again like usually and one of the only differences at this time is about getting used to new habits such as maintaining the covid-19 protocol such as maintaining distance, wearing masks, washing hands but still, a rule is just a rule because there are still many people who don't pay attention to this new habit.

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ShowOff

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Quote from: Darker45 on October 18, 2020, 08:09:54 PM

Somehow, the government will have to strike a balance between taking care of the health of its people at the same time keeping the economy afloat. Both are of great importance.

So far, I see that the government in my country is quite good at dealing with the economic problem of people affected by Covid. Many fund are channeled in the form of assistance to communities and can help at least a fraction of their need each month. The implementation of health protocol has also continued to be pursued properly through socialization and banner that are spread almost at every intersection. People can do activities as usual without forgetting health protocol. It looks good because people can make end meet by working. I don't think the second wave will happen because of this.

But you know, in our place, people no longer believe that Covid-19 is a very dangerous and life-threatening disease. The main reason for this section is that there are too many cases of manipulation of the diagnosis by certain individuals to their patient. I think nearly 50% more of the patient who die are infected with coivid even though these patient died in an accident. I don't know why this happened, and today many people refuse to go to the hospital without any urgency.

Akiko

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Quote from: maydna on October 18, 2020, 11:33:14 PM

The government can re-open the economy, but they need to warn people who will re-opening their businesses to follow every health protocol. If they don't follow, the government can force that place to close it. If the business owner doesn't follow the health protocols, that can make the pandemic worse. Even it will be worse than the last few months because that can attract many people to get an infection. We risk getting infected by Covid-19 because we don't know who the carrier is or people without symptoms, which can be dangerous to other people.

The government needs to get an income from the business sector, and people need money to continue to survive. If people can still be careful and always have health protocols, that can help people prevent the infection.

there are areas where the protocol is much more relaxed compare from the last 3 months all do the virus still there but the good thing is we already learn how to adopt having it , and we already know how to protect our self right now It will help many people to continue their lives and survive in this survival time.

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