in facing situations like the economy as it is today, businesses are required to be able to carry out efficiency strategies. Minimally to survive until the outbreak is over. If the global pandemic is over, hopefully an accelerating reversal will occur (pullback) from the downward curve which dived so sharply, as is the case at the moment. The curve dropped sharply in the usual short amount of time. When the end reversal will occur (pullback) the upward curve will also occur quickly in line with the recovery of the economic situation. Hopefully this outbreak quickly passed
But businesses can't do anything, many businesses depends on people, from masses that travel and spend money, now nobody travels, everything is closed! Even a guy who earns on the street from selling sweets can't work, how can he feed his family?
Reality is that this crisis will last for long for some people and some businesses. Even when governments across the world open their borders, daily routine will not come back so fast, many people will be trapped in situation without job and money.
Virus will pass, but situation will get worst for many. Having in mind what is happening with current economy I'm afraid that we will need to face much bigger problems than virus itself. And believe that the current establishment will not be able to deal with all these problems! I see the system failure in the near future, and that is why I am more bullish on crypto than ever before!
well so. very alarming in times of crisis like now need to think about survival efforts. must get to technical things such as how every family home get basic necessities free by the government. So far the government has worked hard by mobilizing all resources to protect. heal the needs of the people. On the other hand it is also the government for example, the other side opens opportunities to make new policy breakthroughs, on the fiscal side, widening the budget deficit option that exceeds the limit set by the state financial law in the midst of the growing need state expenditure to provide incentives to the economy.
on the monetary side, it is necessary to emulate the monetary authorities of several countries that are actively plunging in, providing incentives especially when the benchmark interest rate policy and various confessional policies do not work as optimally at present