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Topic: How long this crisis will be? - page 16. (Read 2846 times)

hero member
Activity: 1890
Merit: 831
March 28, 2020, 04:19:27 AM
#52
Take 18 Months minimum for the approval and distribution of a vaccine .

Then take further 1 year for things to be normal , way way normal like they were before , when you could roam around without any problems

It is not stopping in few months for sure . Technically then also people who are infected will need time to recover again, this is highly infectious and people can be reinfected is the problem.
sr. member
Activity: 1512
Merit: 316
March 28, 2020, 03:21:47 AM
#51
It would really take a while if you look at how things are unfolding especially how things seem to get worst for some countries. Italy has now overtaken over the rank as it has now recorded the country with the highest death.  Things are also not looking too good with the US and I fear it could get worst in the next month. Let's pray they find a remedy to this disease as soon as possible.

We all wish that this gets to end as soon as possible, and vaccine gets found quickly so that people can recover as well. Also the way it is getting spread in the world and US this days it is very scary and also another thing is that is it any specific country that has purposely spread this virus in order to hit the economy of the world and to reduce the population in the world is another question that arises now.
full member
Activity: 1750
Merit: 118
March 28, 2020, 02:48:28 AM
#50
I don't think we will see it soon to be stopped. The outbreak is getting wider everyday with new records and crisis around the world is increasing which is heavily going to affect the economy in the long run. I don't have much data on previous pandemic though but still, the way it's getting stronger, it seems to be lasted for a while.

there are many data's available on the net with a simple search  . by there we can see that italy has the number of the highest deaths so far , they  even surpass china and china is now not getting any new cases which is a good news  .

 if china can make it possible to defeat the virus then why cant others  ? but that is because china was one of the country that is inoovative and strict so people cant do anything but to follow what have been instructed to them , dunno on itally maybe they arent , as thats what the covid data says   .
legendary
Activity: 2576
Merit: 1252
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March 28, 2020, 02:44:52 AM
#49
I don't think we will see it soon to be stopped. The outbreak is getting wider everyday with new records and crisis around the world is increasing which is heavily going to affect the economy in the long run. I don't have much data on previous pandemic though but still, the way it's getting stronger, it seems to be lasted for a while.
It will end if our scientist and doctors discover the cure for the virus. Yes, it might take a while some research says it will take a 1-5 years to develop a vaccine based on other pandemics which occurs on the past but, I hope as soon as possible it will be cured. This virus is damaging our economy country by country, so if it will take a year, I think some country economies will collapse. It's 21st century let's hope for the best for our doctors and scientist.
sr. member
Activity: 1372
Merit: 322
March 28, 2020, 02:22:52 AM
#48
I don't think we will see it soon to be stopped. The outbreak is getting wider everyday with new records and crisis around the world is increasing which is heavily going to affect the economy in the long run. I don't have much data on previous pandemic though but still, the way it's getting stronger, it seems to be lasted for a while.
full member
Activity: 1484
Merit: 136
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March 28, 2020, 02:16:49 AM
#47
Most likely the crisis will end around the end of 2020. People will be forced to rebuild their entire social life and work until a vaccine is developed. Again, it all depends on the government, there should be support from citizens and businesses.



Thats too long prediction if its true that it takes that long then almost 1/4 of the population may be experience to be infected that time.

My expectation is it will only take 3-6 month before that crisis will resolve and reduce the infected daily by that time hopefully. But we cant guess it right for now we can only do is watch and stay at home ,always  secured your self and family by jsut simple staying at your home so every one can be safe.

Still, there is a lot of problem into the worldwide economy and one of the best solution for this to hold the people into their houses with the use of home quarantine and we cannot tell this until when because even it is already a month the virus is continuously spreading but still we are looking forward to the cure and there are a lot of fronts and back liners from the army, doctor and other fields that is helping each other to make faster to create the vaccine and cure the people one of the good things to do is follow the authority.
sr. member
Activity: 1204
Merit: 270
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March 28, 2020, 01:47:50 AM
#46
Most likely the crisis will end around the end of 2020. People will be forced to rebuild their entire social life and work until a vaccine is developed. Again, it all depends on the government, there should be support from citizens and businesses.




Even if it depends on the government the crisis will not last long because people will never be in lockdown for so long. I don't think the virus can be controlled right now No drugs have been discovered so far As the days go by the number is increasing.
legendary
Activity: 1652
Merit: 1483
March 28, 2020, 01:03:48 AM
#45
3-6 months is an impossible time frame for creating such vaccine.The process takes more than one year.
Well, if they push through clinical trials and find enough willing volunteers, it's possible to cut that time down. There's a lot of political will behind this kind of thing.

the consensus among virologists seems to be 18 months minimum. that's the best case scenario which "assumes there will be no hitches". https://www.theguardian.com/world/2020/mar/27/coronavirus-vaccine-when-will-it-be-ready

our best hope is antiviral treatments. those can be pushed to market 5-10x faster.

The last flu pandemic in the 1950s led to the economy taking a sharp hit -- but the recovery was just as drastic. I am reminded though that this pandemic isn't the sole reason for this current downturn!

isn't it? there may have been signs of a slowdown on the horizon, but nobody could have predicted this instant double digit GDP drop and mass joblessness. this was a black swan if there ever was one.
hero member
Activity: 2170
Merit: 503
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March 27, 2020, 10:17:15 PM
#44
It would really take a while if you look at how things are unfolding especially how things seem to get worst for some countries. Italy has now overtaken over the rank as it has now recorded the country with the highest death.  Things are also not looking too good with the US and I fear it could get worst in the next month. Let's pray they find a remedy to this disease as soon as possible.
yes, I also hope that this disease can be resolved soon. I read some news about the cure for this disease, it's just that there is still no cure for this virus to develop. Well, we do not know how long this crisis will occur, but if this continues, it will further aggravate the price of all types of investment.
copper member
Activity: 41
Merit: 10
March 27, 2020, 08:16:23 PM
#43
Apparently in China it's already over. Their stock market is back to normal levels and they are doing just fine haha. In the U.S. and most European countries I suspect another 3-6 months. And a few more waves of it to spread throughout. Over a year before normal because unemployment claims this last week for the U.S. was 3 million. Four times higher than the peak for that country in the 2008/2009 recession.
member
Activity: 616
Merit: 11
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March 27, 2020, 08:05:48 PM
#42
If all people are willing to coordinate the policy if what to do or not to do, the propagation of coronavirus will be last as early, because even if you are the strongest man in the world you cannot revoke your life when times come that you are infected to covid-19 unless if there's a perfect medicine or miracle, so we are going to stay at home to defends our life and to avoid place inside the casket, despite all this economic crisis I think it is very unpredictable and some traders are said that few of investors who have been implicated in coronavirus death which is the first reason of unexpected downtrend.
jr. member
Activity: 52
Merit: 3
March 27, 2020, 04:50:50 PM
#41
For the people in this community that understand spanish, I wanted to share this video I created yesterday comparing the current situation with the different crisis we had in the last 100 years.

https://www.youtube.com/watch?v=rs5Yyvih14M&list=PLz_NVO61eqw70kA4Z9z854OoyibpDpOuq&index=2

Do you think it will be uglier than the others?
 
All feedback is welcome to keep improving!:)


It's going to take about a year as some experts have indicated, this is not the greatest source but mentions end of 2020 as tentative end of the worst: https://www.thestar.com.my/news/regional/2020/03/10/covid-19-likely-to-last-till-end-2020-at-least-say-singapore-experts
sr. member
Activity: 1274
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
March 27, 2020, 04:36:07 PM
#40
It would really take a while if you look at how things are unfolding especially how things seem to get worst for some countries. Italy has now overtaken over the rank as it has now recorded the country with the highest death.  Things are also not looking too good with the US and I fear it could get worst in the next month. Let's pray they find a remedy to this disease as soon as possible.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
March 27, 2020, 01:06:09 PM
#39
What scares me is that it's the politicians who are making all the decisions, and they don't always tend to be scientific, even if the politicians are relying on scientific advisers. 

My guess is that it'll be another couple of months of hysteria and then the virus will burn itself out--hopefully, and again that's just my guess.  People are talking about how we're living in a different world now, but we really aren't.  This isn't the first epidemic the world's faced, and IMO it could have been a hell of a lot worse.  Imagine if the mortality rate for COVID-19 was a lot higher than it is.  People would be locking themselves in their houses even more than they're doing now.

In my area there are still a lot of businesses that are still open, including some that I would consider non-essential.  But we're doing alright in spite of that.

The herd immunity mentioned above is quite worrying. I'm in more favour of a CONTROLLED herd immunity where only people we know to be healthy can be given a dose of the virus - only then can we see a reduction in hospitalisations and death rate.

The government are taking the piss with their stay at home stuff only for essential work when we all know their work can really be done from home... I don't know why they were still going out... Stay in, but we're not. I don't trust the government in their views, our chief medical officer seems to be better versed but I hope there are several doctors discussing things. It's easy to forget work you've done in the past even when you spend a long time on it if it hasn't been refreshed recently.

I worry the government are going to try to kill off all the vulnerable people to try to make it look like they're fully funding the NHS and can keep making reductions there... With reduced wait times.

Use of ventilation for favourable patients is also weird as you can get a chain smoker of age 30 giving a space up for a 60 year old who's healthy and they have higher life expectancy... But are they going off how long people have left or how long they have now or a proportion of both.
hero member
Activity: 1302
Merit: 577
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March 27, 2020, 11:32:39 AM
#38
Most likely the crisis will end around the end of 2020. People will be forced to rebuild their entire social life and work until a vaccine is developed. Again, it all depends on the government, there should be support from citizens and businesses.



Thats too long prediction if its true that it takes that long then almost 1/4 of the population may be experience to be infected that time.

My expectation is it will only take 3-6 month before that crisis will resolve and reduce the infected daily by that time hopefully. But we cant guess it right for now we can only do is watch and stay at home ,always  secured your self and family by jsut simple staying at your home so every one can be safe.
legendary
Activity: 3528
Merit: 7005
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March 27, 2020, 11:23:14 AM
#37
Hopefully the gov will just decide its more worthwhile to infect everyone determined healthy for 2 or 3 weeks and wait for them to recover and have enforced mass immunity of we can't get a vaccine fast enough...
What scares me is that it's the politicians who are making all the decisions, and they don't always tend to be scientific, even if the politicians are relying on scientific advisers. 

My guess is that it'll be another couple of months of hysteria and then the virus will burn itself out--hopefully, and again that's just my guess.  People are talking about how we're living in a different world now, but we really aren't.  This isn't the first epidemic the world's faced, and IMO it could have been a hell of a lot worse.  Imagine if the mortality rate for COVID-19 was a lot higher than it is.  People would be locking themselves in their houses even more than they're doing now.

In my area there are still a lot of businesses that are still open, including some that I would consider non-essential.  But we're doing alright in spite of that.
jr. member
Activity: 121
Merit: 1
March 27, 2020, 11:12:19 AM
#36
Most likely the crisis will end around the end of 2020. People will be forced to rebuild their entire social life and work until a vaccine is developed. Again, it all depends on the government, there should be support from citizens and businesses.


sr. member
Activity: 1512
Merit: 316
March 27, 2020, 11:06:15 AM
#35
With the the unemployment rate just went up to 3.3 million and the fed printing unlimited money and with the rate cuts going into the negatives then i say this is only the beginning of the end. Eventually the inevitable will happen after and a recession will take place, this might end even other fiat and goes default. This is really crazy times, i suggest to look for alternatives to store your money.

For me recessions already in because economy of few countries were already being slow and this impact of Coid 19 where many cities or countries are lock down eventually it has taken a economical hit. Now when everything will start functioning is in known and how much effect it will and has caused only coming time will tell and also huge losses of job will happen in this process so unemployment will just rise in many countries. This is not a good sign for 2020.

sr. member
Activity: 1078
Merit: 256
March 27, 2020, 10:14:14 AM
#34
With the the unemployment rate just went up to 3.3 million and the fed printing unlimited money and with the rate cuts going into the negatives then i say this is only the beginning of the end. Eventually the inevitable will happen after and a recession will take place, this might end even other fiat and goes default. This is really crazy times, i suggest to look for alternatives to store your money.
it's best to find better ways of investing  or diverting your money. This crisis is still far from over, a lots of things to expect since this pandemic
virus still growing and keeps affecting more countries.
We do know how to invest and find those potentials not just to blindly put your money.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
March 27, 2020, 10:58:02 AM
#34
Hopefully the gov will just decide its more worthwhile to infect everyone determined healthy for 2 or 3 weeks and wait for them to recover and have enforced mass immunity of we can't get a vaccine fast enough...
Scary proposition given the long recovery timelines and hospitalization needs.

I see that the vast majority of UK people still share the view of their prime minister and government that it is better to let people get infected and gain immunity, but if we look at the example of Italy where mortality is more than 8%, the UK would with even less hospital capacity with this way of defense against the virus had several million casualties.

Unfortunately for the residents of the UK, as well as those in the USA, all that is currently happening in Italy, Spain and other European countries will happen to them, but given the measures they do not take, the consequences are likely to be even more drastic.

Actually I think spreading the pandemic in the UK isn't the worst idea... A lot of car producing companies and engineering firms have stepped down their production of cars and the control circuits used in them. These companies are aiming to produce 10000 ventilators in 3 weeks paid for at cost to the government. If it takes 6 weeks (likely for engineers tbh) we may see some slight issues in healthcare being busy but a lot of medium sized corporations here like the fact that they don't have to pay health insurance for their employees so I can see some trying to allow the government to use their equipment where they can't.

We also have large shopping centres in densely populated areas that won't have many people in them which may be able to be quickly reevaluated for housing emergency wards.

The excel conference centre is the first to attempt to be transformed by the army to house 4000 people.

Somewhere like the Trafford Centre has 200 shops in 3 miles. If we say that's 500 rooms (with most shops taking up the full 2 stories) then you could comfortably fit 16 beds a shop and have space for 3600 people there also.

We have slightly more beds than Italy but we don't yet have more ventilators. The major problem with this government's recent climate is that since the records I've found (2005) hospital beds have been in a reduction and there have been quite a few hospitals closed and companies going bankrupt that were meant to take over the construction of the new ones... I mean since our government can't even arrange a Skype conference until they have to I'm not surprised...
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