Topic: How in the world we going to restart the world economy ? - page 3. (Read 883 times)
there are at least two "wars" faced in every country in the world when facing the global pandemic corona virus and fighting the virus itself and trying to control the economic crisis in country. But I think if the new economic goals need to be noted that the state will achieve its goals will not be fulfilled if the system applied is not in accordance with the conditions or state of the country...?
With the situations now, I think the world economy is changing, and it will not be the same as before. Every country which affects from the coronavirus has started their economy by using a new way, and the result will not happen in a short time because we are still in the pandemic, and we don't know when it will end. However, the economy will be back to normal, and each country will have a chance to grow in the future.
Every country in the world has taken various steps to revive its economy and the world economy is looking for a way out of the current situation. Although the developed countries of the world try to alleviate the financial crisis in the market through currency printing, it is not possible for most of the developed and developing countries as it is likely to depreciate the value of the currency. Developing countries like ours have provided incentives in special sectors to restart their economic progress and are trying to restart the economy through government grants. The biggest obstacle to restart the world economy is the trade war between developed countries, which is now in full swing. If this discriminatory trade war is resolved, the world will be able to resume economic growth by overcoming the epidemic crisis.
every country might be different but i do think that all have a same pattern when resurecting a collapsing economy . trying to print more money in a way to solve the crisis is i heard bad so it should a be a no no for those who are planning it but who's government will do inapropriate things to his country , i dont think there are . not just your country but all countries share fund too for the poor but only most of them got a limited funds and the dirstribution were currently stop now here on ours .
Every country in the world has taken various steps to revive its economy and the world economy is looking for a way out of the current situation. Although the developed countries of the world try to alleviate the financial crisis in the market through currency printing, it is not possible for most of the developed and developing countries as it is likely to depreciate the value of the currency. Developing countries like ours have provided incentives in special sectors to restart their economic progress and are trying to restart the economy through government grants. The biggest obstacle to restart the world economy is the trade war between developed countries, which is now in full swing. If this discriminatory trade war is resolved, the world will be able to resume economic growth by overcoming the epidemic crisis.
In my country some of other establishments are already open, public transportation is starting to re-operate with some protocols to be followed, but the spreading of the virus will only get worse and the number of infected person is increasing, through communicating. That's the reason why the government is planning for another set of lockdown and quarantine because they think that's the only way on how to control it. Until the vaccine is not yet discovered and developed I think we can't never go back to our normal lives.We just have to wait until the cure be released. And I'm sure when this happens our economy would be recovered again.
I hope the vaccine comes up before another thousand will die.
Like the economy had restarted every time. There may be difficulties from where we start picking ourselves up, things will recover eventually. The most important of all is that if you survive this pandemic, you will witness how the economy goes back to life right before our eyes.
How in the world we going to restart the world economy ?
Let's let the dollars circulate
https://www.youtube.com/watch?v=HvNlkW_sNcM
Let's let the dollars circulate
https://www.youtube.com/watch?v=HvNlkW_sNcM
Printing more money to solve the problem, just postpone the same outcome.
I think every disaster or pandemic has to go through a dip to eventually recover. We have seen how tornadoes and tsunamis and earthquakes have destroyed whole cities and lots of businesses and these people just rebuilt their houses and their businesses and they clawed their way back. The same thing is going to happen here.... people without insurance is going to take a lot longer to recover and some might never recover. People with some nest egg is going to dip into that savings or they are going to take more loans and the economy are slowly going to recover.
As soon as a vaccine is released, things will go back to normal.
The world economy has been hit hard by the epidemic and the government alone will never be able to recover Therefore if the government as well as the people cooperate it is possible to recover the country's economy very quickly. But before that more allocations will have to be made to those sectors where the economic situation has worsened due to the virus More allocations should be made to the health sector as well as to the agricultural sector as production for the virus has come down a lot If productivity does not increase there will be more food crises.
Food crisis is something we probably won't face in couple decades at least.You said it yourself - currently governments can recover economy quite quickly, so I do agree that we need to recover economy, but no need to restart it since it hasn't stopped yet.
There was no moment when every company stopped working.
But there are companies were bankrupt due to the pandemic, they are closing and it's expected that some will be closing soon as well since the vaccine which is the only solution might not be available to the public this year, it was expected next year so that would be 6 months or more of struggle for businesses and that would have a negative effect on the economy.
You are right, the economy does not stop as there are still businesses who are operating until now, but talking about the overall economy, covid-19 is really destroying our economy and there's no exemption whether big or small country.
As we can see, most of the countries started to recover now. There are many businesses/companies that start their operation again to prevent bankruptcy, the whole world will not wait for the vaccine because we will surely struggle that's why they started operating again.
The world economy has been hit hard by the epidemic and the government alone will never be able to recover Therefore if the government as well as the people cooperate it is possible to recover the country's economy very quickly. But before that more allocations will have to be made to those sectors where the economic situation has worsened due to the virus More allocations should be made to the health sector as well as to the agricultural sector as production for the virus has come down a lot If productivity does not increase there will be more food crises.
Food crisis is something we probably won't face in couple decades at least.You said it yourself - currently governments can recover economy quite quickly, so I do agree that we need to recover economy, but no need to restart it since it hasn't stopped yet.
There was no moment when every company stopped working.
But there are companies were bankrupt due to the pandemic, they are closing and it's expected that some will be closing soon as well since the vaccine which is the only solution might not be available to the public this year, it was expected next year so that would be 6 months or more of struggle for businesses and that would have a negative effect on the economy.
You are right, the economy does not stop as there are still businesses who are operating until now, but talking about the overall economy, covid-19 is really destroying our economy and there's no exemption whether big or small country.
The world economy has been hit hard by the epidemic and the government alone will never be able to recover Therefore if the government as well as the people cooperate it is possible to recover the country's economy very quickly. But before that more allocations will have to be made to those sectors where the economic situation has worsened due to the virus More allocations should be made to the health sector as well as to the agricultural sector as production for the virus has come down a lot If productivity does not increase there will be more food crises.
Food crisis is something we probably won't face in couple decades at least.You said it yourself - currently governments can recover economy quite quickly, so I do agree that we need to recover economy, but no need to restart it since it hasn't stopped yet.
There was no moment when every company stopped working.
That will take a lot of time if that is the only way to restart the World Economy. Circulating dollars is not the only way to restart it. One problem if we start the circulation of Dollars, then opportunist would really take this time to make for counterfeits of dollars. That is not the only way to restart the world economy but rather start within own countries. Governments should step up if they really want to contribute to the World Economy.
How can the dollar be circulated throughout the world, if trade volumes decline due to decreased supply and demand and disruption of global supply chains? Economic improvements will be made at the national level first. When each country's economy improves, trade connections between countries will be formed.
To restore the economy, the government must improve the demand side which will be followed by improvement in the supply side. Printing money can be done by the government to improve demand and supply but it is not intended for consumption. But it revives the production sector so that labor is absorbed and demand improves.
Some countries have begun to open lockdowns and quarantines, so the economy can restart again. Because the world economy has been
destroyed by pandemic, many people run out their savings to buy their daily needs. Even though the pandemic is not over, because it is
up to no vaccine has been found yet. However, the economy must start running again, and therefore people are allowed to work again. But
by continuing to implement health protocols, such as always wearing a mask, keeping a distance from others and washing hands frequently.
the fact that happens on the ground that doing work activities and continuing to use masks is very uncomfortable, this is why millions of people are lazy to use masks when working and doing outdoor activities.. the current crisis will not be completed if the vaccine has not been found. the vaccine or the possibility of the fastest treatment for COVID-19 patients is one of our hopes to stop the crisis caused by this "PANDEMIC"..destroyed by pandemic, many people run out their savings to buy their daily needs. Even though the pandemic is not over, because it is
up to no vaccine has been found yet. However, the economy must start running again, and therefore people are allowed to work again. But
by continuing to implement health protocols, such as always wearing a mask, keeping a distance from others and washing hands frequently.
Some countries have begun to open lockdowns and quarantines, so the economy can restart again. Because the world economy has been
destroyed by pandemic, many people run out their savings to buy their daily needs. Even though the pandemic is not over, because it is
up to no vaccine has been found yet. However, the economy must start running again, and therefore people are allowed to work again. But
by continuing to implement health protocols, such as always wearing a mask, keeping a distance from others and washing hands frequently.
the fact that happens on the ground that doing work activities and continuing to use masks is very uncomfortable, this is why millions of people are lazy to use masks when working and doing outdoor activities.. the current crisis will not be completed if the vaccine has not been found. the vaccine or the possibility of the fastest treatment for COVID-19 patients is one of our hopes to stop the crisis caused by this "PANDEMIC".. destroyed by pandemic, many people run out their savings to buy their daily needs. Even though the pandemic is not over, because it is
up to no vaccine has been found yet. However, the economy must start running again, and therefore people are allowed to work again. But
by continuing to implement health protocols, such as always wearing a mask, keeping a distance from others and washing hands frequently.
That will take a lot of time if that is the only way to restart the World Economy. Circulating dollars is not the only way to restart it. One problem if we start the circulation of Dollars, then opportunist would really take this time to make for counterfeits of dollars. That is not the only way to restart the world economy but rather start within own countries. Governments should step up if they really want to contribute to the World Economy.
Some countries have begun to open lockdowns and quarantines, so the economy can restart again. Because the world economy has been destroyed by pandemic, many people run out their savings to buy their daily needs.
It is a risky move but for the sake of their economy and their country, they need to do it. In some European Countries, most of them have updated the guidelines already regarding the lockdown of the country. Some establishments have reopened because they have no other choice. Those people who have savings pre pandemic didn't affected too much compare to those people who doesn't have any savings at all because of some reasons and this is quite unfortunate for them. Maybe this will serve as a lesson for those who don't know how to save a portion of their income in emergency funds.
Even though the pandemic is not over, because it is up to no vaccine has been found yet. However, the economy must start running again, and therefore people are allowed to work again. But by continuing to implement health protocols, such as always wearing a mask, keeping a distance from others and washing hands frequently.
Well, maybe in some countries the virus is quite controllable already that is why they allowed some establishments again to recover the economy. We must adopt to the new normal already where all of the people outside wears mask and social distancing must be imposed all the time.
Some countries have begun to open lockdowns and quarantines, so the economy can restart again. Because the world economy has been
destroyed by pandemic, many people run out their savings to buy their daily needs.
It's being felt mostly from those middle class people who are now losing all the savings, the economydestroyed by pandemic, many people run out their savings to buy their daily needs.
needs to be restart in somehow.
Even though the pandemic is not over, because it is up to no vaccine has been found yet. However, the economy must start running again, and therefore people are allowed to work again.
Government needs to take the risk as they can't afford to continue supplying the needs of those who
who already loses job and businesses.
But by continuing to implement health protocols, such as always wearing a mask, keeping a distance from others and washing hands frequently.
From this way, it can lessen the spread if everyone will help and follow all the protocols.
I'd be honest, as long as there's still no vaccine for this virus, then the economy would still have a hard time recovering considering that people could still get infected and ruin people's business.
I think I would agree on this. The most suitable solution on this crisis are vaccines which could lift the virus completely. All over the world the cases are still growing, how can economy survive if someone on your watch dies from time to time. Business are all affected which have difficulty to cope with the employees- employer situation. Some have been terminated, forced to resign, all signs of closure.
I think if there's time we can go back to normal that would be long period of time and I cant see an end to this yet.
someone from our watch ? watchlist ? cant understand what it means but the economy can survive because not all people are dying . they say those who die do already have an existing disease . they die maybe not because of covid but you know , everyone is insisting that cause of death is cause by covid . left and right , people are screaming for vaccines . they think this is the only solution to the problem but we must not pressure those who creates it . something wrong can happen if they will rush it , just like what happen to previous vaccines
I'd be honest, as long as there's still no vaccine for this virus, then the economy would still have a hard time recovering considering that people could still get infected and ruin people's business.
I think I would agree on this. The most suitable solution on this crisis are vaccines which could lift the virus completely. All over the world the cases are still growing, how can economy survive if someone on your watch dies from time to time. Business are all affected which have difficulty to cope with the employees- employer situation. Some have been terminated, forced to resign, all signs of closure.
I think if there's time we can go back to normal that would be long period of time and I cant see an end to this yet.
Most countries are now at the beginning phase of recovering from what we have lost during the months of lockdown. They can't let the economy stopped working for a long time because it will just affect everyone living in that area. As I have noticed from other countries, businesses are starting to operate again with strict protocols implementing to protect everyone. I guess that's how we can recover from the losses. It may not be for the long term solution because it can cause more positive cases, but there's no other solution while we are still waiting for the vaccine.
I'd be honest, as long as there's still no vaccine for this virus, then the economy would still have a hard time recovering considering that people could still get infected and ruin people's business. Though it seems that things are getting controlled now.
I don't know much about the other countries but here in the Philippines, the government is still planning to extend the quarantine as there are people who are still getting infected at a high rate which would greatly affect the countries economy in the long run. Nevertheless, every country would still find a way to separate the infected ones and treat them.
Give the world time, economy would be blooming again soon once this pandemic end.
I think in the Philippines, we have not controlled this pandemic since it keeps on increasing, it's just that we are slowly getting used to the fact that there is a virus and we can't do anything but to keep living. I don't know much about the other countries but here in the Philippines, the government is still planning to extend the quarantine as there are people who are still getting infected at a high rate which would greatly affect the countries economy in the long run. Nevertheless, every country would still find a way to separate the infected ones and treat them.
Give the world time, economy would be blooming again soon once this pandemic end.
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After this epidemic, I think the world will go on different ways to do business, communicate, or socialize. The economy in almost all countries will also restart because, in every industry, they will use some protocols in accepting the employee, and maybe the employee needs to have a letter that explains they are healthy. But for sure, the world economy will grow every day because people want to have money to fills their daily needs.
The pandemic will only end if we have the cure for the virus and the vaccine, then the old normal will be back. We are in a new normal, things are different now but slowly we are adopting with it, this is temporarily only, hopefully people will understand that and they will continue to be optimistic that soon the vaccine will eventually be release.
I believe the situation now is very serious, some does not see its effect on the economy as they are only looking at the health matters but there is a reason government can't stop business to prevent the spread of virus, and that is bigger than the pandemic which could result to an economic collapse.
I don't think that the old normal will be back even if we have the vaccine for the virus because we already have the worst experience in this pandemic. We need to change to the new normal base on the situation now, and maybe there will different situations than before. The new normal will be adopted by all people, whether they want or not because that is the new protocols from the government to control the virus.
I agree that the situations now become serious because, in the new normal, we see the crowd of people in the public area which can trigger the other bad situations.
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