Topic: How in the world we going to restart the world economy ? - page 4. (Read 882 times)

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.

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.

Right now we are going with the right direction actually. Not that this will be enough but the printing of money is probably the only thing nations could do right now to further fasten the recovery which is not really like by economists. Aside from that helping people within the budget and actually letting people go back outside are the two things you could do that almost every nation is already doing. Just give it some time and economy will recover, there is no problem with recovery.

You know whats the real problem? When recovery reaches to a level where everyone is looking like they are doing awesome again, some companies will do something idiotic and risky and crash the markets again, making regular people and shareholders lose insane amount of money, while they get bailed out and buy a luxury villa with it.

Actually the recovery of the world economy will be a tough task to be done since almost all countries around the world is affected by the pandemic so it would be a challenge for everyone to make things work out for the recovery of the world's economy.

To restart the world's economy, it will be in need that every country do help each other out by doing tradings, exportation and importation of needed goods that will benefit each and every one because at this Pandemic, the importation have been in minimal state to take precautionary measures not to spread the virus. The recovery would start once the economy of every countries will start to get back into a normal state which might happen in a slow process once this pandemic is done once cure have been discovered.

Once all of the solutions have been turned into actions, the process will took a slow implementation for the recovery of the world's economy. But for now, it is still hard to say now that number of cases have breach the 10 million mark.

Our world may not return to normal for some time.

It is not the first time that we are seeing a global disease pandemic and it certainly won’t be the last. Our modern world creates outbreaks like coronavirus. The coronavirus pandemic is a direct outcome of excessive activity over and beyond the capacity of our human and environmental ecosystem.

Our excessive existence is a hotly debated point. From the ecological crisis we are creating from carbon emissions and dumping plastic in the oceans, to the disproportionate wealth gap being created by modern U.S. style democratic capitalism, the warning signs are abundant.

We need to stop fighting resource wars among ourselves and against nature. Money and technology are tools we’ve created that need to serve us. And if it is humanity versus nature, nature is going to win. Every single time. Fundamentally, money is a claim on resources. A claim on energy spent somewhere in the system. But with digital infrastructure, we can transition away from burning physical energy in the system and confine it to the digital domain.

AC.T will continue i am just fixing some bugs after reuploading  

People could start to go back to their jobs now. We can't rely on that free money that the government will give. Either it may not be complete or they might expect something that will not happen. Every big step start with small steps and restarting the economy does not always be the government's initiative but also people will be making that happen.  

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 guess we don't need to worry about the restart because we will not do that the way we think of it. As we all see, the economy of every country starts to open again, slowly. Many industries are opening now not only those who provide essential products and services but also the secondary ones. As we walk through this problem expect a low unemployment rate by time, I can clearly see that we are going back to our old style of living, I'm not just so sure for countries who have been hit hard.

If we already did it, then we can just repeat it. And yes, just support each and every one so we all rise to the top.

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.

Because of this pandemic virus we are getting worse, it's hard for us to recover because this pandemic brought us so badly, there are many businesses that get failed because of being quarantine of the employee, there are many people who became jobless because of this virus, there are many opportunities being wasted because of what happened which result to the economic crisis even though this pandemic has gone, it's still hard for us to recover all things, it takes so much time to become normal again if we will help each other, if we will help our government and will obey them then we will be okay soon.

This impact is almost in all countries for those affected by the Covid-19 epidemic with a bad economy, of course the government will implement policies to stabilize the economy so that we do not feel poverty and unemployment, therefore the evaluation is definitely done but we are left to conditions how to run the government when This has been a lot of evaluation in dealing in various ways and therefore will see economic development after applying the new normal now.

I don't think we have much of a choice here , we cannot just go forth and start the economy as it is , we need time and investment , letting the dollar circulate?
I do hope you realize that the more money is in circulation the less is its value as a whole , therefore I do think that we need to adapt to a different route .We have to ask the government to :
•Create Jobs
•Give people time to pay their mortgages and other stuff in the banks
•Local markets should be re-opned and carefully monitored
•One town/city should be able to meet the requirements of the people by themselves , without importing stuff from other areas , this way people will get high quality products at affordable prices , it will also benefit the local market .
•They need to first strengthen the laws regarding racial injustice because am not sure if people would like to work for them until and unless they listen to what the civilians have to say.
•Banks needs to decrease their interest rate of loans because people are struck in this time and this is the least that can be done.
•It should not be suddenly done , since this would not only increase the cases but also put the employees life at risk , one need to make sure they do this in steps , making sure they are giving employees all the sanitary requirements.
• NOT INTERNATIONAL right now the government can handle local tourism at various sites which does generate some revenue or provide mental peace for the people.
• I do think they need to make sanitizers and masks affordable for everyone too. They are highly overpriced . .

Well, we are doing it already - govs made most of the people free to go to their jobs, so they will eventually get their money and they will spend it (not so easy as it was months before tho).
And you should understand that economy wasn't on pause for a second.
People were eating, living, breathing, talking, using services and etc - we simply stopped some working and communicating processes, economy was just hurt but never stopped.
We got to fill economy with liquidity, I believe that what you were trying to say OP

and in essence is to start a normal life as usual, but still with the protocol set by the government to stay protected from the covid-19 virus. The economy will improve if the economy turns again and there are transactions between sellers and buyers every day. the economy gradually returns to the beginning so there is no prolonged economic crisis.

The greatest idea that I have read from a professor of economy is to let people go back to business but also keep them at home as much as they can (3 day weekend or less work hours or just continue remote if they can) while also keeping the regular cafe, restaurant and other business that needs to go back to how things were.

That way you are keeping the office people at home and work whenever they want and give them more free time to spend their money as well, those people who work less will spend this newly found free time on going outside and eating outside or doing whatever they can to spend money. Why? Because they have been stuck at home for a long time and they want to do something new and refreshing compared to previous 4 months. That is the best thing we can do now for the economy.

Governments hide economic impacts during the past months, but everything will appear in the coming months.
We cannot live in an economy that is falling apart, so everyone will think about the economic consequences more than the deaths that occur due to the pandemic.
5% will not put pressure on governments to reopen the economy, and many people will start getting used to the new conditions.
The governments that began with fear will not succeed in such bold decisions.

Ladies and gentlemen, unfortunately we are. in such a situation when there will be no return to the old rhythm of life. And this is primarily true of the global economy. The massive redistribution of financial resources carried out by governments in recent years, directs us to a completely different reality. The COVID-19 crisis plunges the global economy into a recession with historic levels of unemployment and poverty. economists should offer the government new approaches for the development of the economy, and not think with old patterns when the main task was to earn super-profits without thinking about social policies.

Here in our country, I can feel the people needing help especially those that don't have a job.

But most of the people are starting as usual. There are still that can't go to their jobs and there are those that already started weeks ago. Despite the national debt of our country, I guess people are doing great and slowly going back to normal, well, new normal. We can't just rely on the government here, people will be able to help and since most of the people here are skilled with how to earn money, they are using the internet now to earn. Reselling, online shops and there are also those that deliver food and other things.

Its going to be a ruthless world out there when people savings are gone. Hunger will push us to the limit so pleeeeease let the dollar circulate! Dollar Dollar Dollar Dollar Dollar circulate!

The vaccine will be made, we might be able to restart again. I'm as much eager than anyone I can't remember the last beautiful woman I saw already, everyone wears masks. I hope to see your ACT project continue.