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Topic: returning to normal - page 11. (Read 2863 times)

jr. member
Activity: 301
Merit: 3
DAEFROM.com
April 23, 2020, 06:42:11 PM
there's a new narrative emerging that life will never return to normal after the coronavirus pandemic:

Quote
I don't think people realize that there is no normal to go back to anymore.

At absolute minimum:

1) Supply & demand has been reallocated across the economy, with travel & events zero'd out, remote work & masks to infinity
2) Virus permanently changes public behavior
3) Supply chain disruption just starting

Even if the virus did vanish in a puff of smoke and everyone went "back to work", the behavior of billions of people and every country has been permanently changed.

Demand won't quickly come back, borders won't easily reopen, international relations won't be the same.

https://twitter.com/balajis/status/1246151098986983424

Quote
Which industries will die off first because of pandemic?

The obvious one for me is the movie theaters but what else?

https://twitter.com/needacoin/status/1246191483746574337

what do you think---are entire industries about to disappear because of the pandemic? will some aspects of the economy and general life irreversibly change after this?

or are these people just drama queens who are blowing everything out of proportion? maybe people will forget all about the coronavirus in a couple years time and nothing will change. that's what happened after the H1N1 scare.

Surely, after the pandemic, people will be afraid to go out of the country or be with a swarm of people. This could in turn affect small scale businesses and even industries like malls, movie theaters, and the like. However, we can't be sure that those businesses will die out and not be functional anymore. As soon as we have the vaccine or the world is COVID-19 free, little by little, the movement of goods and people will stabilize once again.
legendary
Activity: 1806
Merit: 1521
April 23, 2020, 03:03:17 PM
It's not like these industries can easily disappear because of the pandemic, these too shall adapt accordingly to fit the current trend. For now, it's social distancing, since we are at the early stages, things will momentarily halt. But in the later stages -- the recovery phase, distancing maybe the norm. This goes with some aspects of the economy and in general life as well.

This too shall pass. And I don't think ppl are blowing things out of proportion because unlike the H1N1 swine flu, Covid-19's transmission and mortality rate are higher. Read it here.

That's one of the things making me bearish about a recovery in the entertainment, travel, and tourism sectors. People are very fearful, as they should be, since the corona virus is drastically more infectious than the flu. I suspect mortality is actually being overstated, but the comparisons to the flu are ridiculous because of how much faster and easier the corona virus spreads. Some estimates put it at 3x as infectious.

Think about bars, restaurants, theaters, sporting events, concerts, conventions, festivals, passenger airplanes, cruises, etc. All places where physical distancing is nearly impossible, unless capacity is cut to an insane degree where businesses can't make any money.

Many think people are so pent up in their houses that they will be racing out the door to spend money when businesses reopen. I think the novelty of that will wear off extremely quickly, especially when infection numbers begin surging again after distancing measures are relaxed. Fear will take over again and everyone will quickly stop spending money.

When you add in the deflationary costs of the crash, I get even more bearish about economic recovery. People are making much less income (if any), savings are tapped, and the primary concern going forward is food, mortgage or rent, and to a lesser extent health care. People are and will be spending much less money on non-essential goods and services, which will reinforce the deflationary tailspin the economy is already experiencing.

Another Great Depression is not guaranteed by any means, but the possibility is magnitudes more likely now than it was 6 weeks ago.
member
Activity: 1302
Merit: 10
April 23, 2020, 01:46:20 PM
Think about the time of Spanish Flu, did anything change? No, because the industries are revived, the reason why some industry die in times of pandemics is just a coincidence, the real reason is becoming obsolete and the fast and ever changing technological development.
this is a disaster of a different epidemic of friends if you compare it with a Spanish flu which only causes one country. The disaster is now global in all countries and kills many people in every country that has a co-19 impact. This will affect the declining industry not conducive and not yet known to be back to normal. because we do not know this will end when calamity and when covid-19 is ended to normalize the industry of each country may take a lot of months or years.
member
Activity: 350
Merit: 47
April 23, 2020, 12:47:44 PM

Quote
Which industries will die off first because of pandemic?

The obvious one for me is the movie theaters but what else?

https://twitter.com/needacoin/status/1246191483746574337

what do you think---are entire industries about to disappear because of the pandemic? will some aspects of the economy and general life irreversibly change after this?

or are these people just drama queens who are blowing everything out of proportion? maybe people will forget all about the coronavirus in a couple years time and nothing will change. that's what happened after the H1N1 scare.

It's not like these industries can easily disappear because of the pandemic, these too shall adapt accordingly to fit the current trend. For now, it's social distancing, since we are at the early stages, things will momentarily halt. But in the later stages -- the recovery phase, distancing maybe the norm. This goes with some aspects of the economy and in general life as well.

This too shall pass. And I don't think ppl are blowing things out of proportion because unlike the H1N1 swine flu, Covid-19's transmission and mortality rate are higher. Read it here.

 
legendary
Activity: 2730
Merit: 1288
April 23, 2020, 10:22:48 AM
i think and i hope something change after the pandemic is people really carefully about what they eat , stop eating "weird" thing that will cause more viruses to the body itself

People will wash their hands more and avoid other people for few years. Then they will forget and return back to pre 2019. It was same after Spanish flue. It got back to normal at around 1922.   Do not expect normal flu to be of any strength this winter. People will be very cautious and virus will simply not be able to expand enough to attack elder people.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
April 23, 2020, 09:19:15 AM
I think they are negative about the future of the upcoming economy. but they are right because people are still obsessed with the economy being shut down and people need time to recover. But I am sure one thing is that the services and industry will still come back quickly and it will never end. Remember, this is an economic virus and it will only last for a short time. be positive and plan for a better and more positive future.
More people are eager to work back and continue doing their business, in order to survive we needed to be positive that after this crisis the chance to turn things to its normal state still possible, though everything are depends from how future bring us and how determine both the government and the communities. It will reflect how fast or how slow the recovery will take place and enhance the economy to return back to normal.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
April 23, 2020, 08:54:33 AM
We all wanted to get back into normal activities but before it going to happen, we should have first to win the fight against the virus. Some people say this is a long battle and it needs the participation of everyone in order to make it fast. It certainly affects the economic system and many establishments suffered to it and lost Billions. But have something to find around that online marketing system has a massive increase.

It takes a lot of damage to the economy when the pandemic outbreak comes out and this is not quite good because it really hits hard the whole trading most of the country today made a lockdown and some of them already cancel the transport of the foods and other kinds of stuff into another country to avoid getting included and hits their country too so the one solution is using their own resources in the country but not all the time it is enough to make surviving if the pandemic outbreak will extend for the following months.
Hopefully, the one thing that we want to hear is the world becomes normal each part of the different counties now are made 0 cases and fully cured their people to the virus the stocks exchange, and the market welcome back again and back to normal.
hero member
Activity: 2814
Merit: 518
April 23, 2020, 08:49:01 AM
We all wanted to get back into normal activities but before it going to happen, we should have first to win the fight against the virus. Some people say this is a long battle and it needs the participation of everyone in order to make it fast. It certainly affects the economic system and many establishments suffered to it and lost Billions. But have something to find around that online marketing system has a massive increase. This not actually the crashing of our economic system as what I'd think first but it is also a reason to give room for all online businesses to improve and being recognized. And the business still going on.
sr. member
Activity: 560
Merit: 250
April 23, 2020, 04:39:07 AM
I think they are negative about the future of the upcoming economy. but they are right because people are still obsessed with the economy being shut down and people need time to recover. But I am sure one thing is that the services and industry will still come back quickly and it will never end. Remember, this is an economic virus and it will only last for a short time. be positive and plan for a better and more positive future.
member
Activity: 980
Merit: 62
April 23, 2020, 03:55:40 AM
I think that this pandemic brought something very positive in the working environment.
A lot of companies hadn't adopted the remote working - in some countries this was apparently forbidden.
Employers was afraid to leave their employees to work from home as they was thinking that they will not going to work. Coronavirus made it necessary to work from home and I believe that in the coming years we are going to see the remote working becoming the main trend in the labor industry.
full member
Activity: 812
Merit: 104
🎄 Allah is The Best Planner 🥀
April 22, 2020, 11:50:20 PM
It will take an extended time for all countries to return to normalcy It doesn't take as long to create a thing because it does to interrupt an equivalent is true of the country's economy. China and Italy have already returned to normal but France is under more threat. Us has become far more normal they need already opened the lockdown. nobody can predict what is going to happen within the future but many companies are working to stop it The virus has put everyone within the world in crisis.
full member
Activity: 1190
Merit: 117
April 22, 2020, 10:24:04 PM
The corona virus has succeeded in destroying the world economy and frightening the number of people around the world pretty much reduced.
Because this corona virus has caused many people to die, even now the number who died due to corona virus continues to grow. Therefore the
world will not return to normal, although the corona virus vaccine has been found. And the spread of the corona virus was successfully stopped,
it would not make everything back to normal. Because the effect of corona virus is quite large on all sectors of human life, especially the economic
sector where many people are fired and many companies go bankrupt.
member
Activity: 980
Merit: 62
April 22, 2020, 03:41:58 AM
According to the research, the world health organization are not perfectly overcome the pandemic virus particularly in Italy and US except the country of China, so it is very close to clear that this lockdown has been extended throughout the world and it is probably that this coronavirus is also impacted the job to all people.

I heard that Italy is considering of returning back to normal rhythms in the near future.
The US has still way to go, but Europe is going to start quitting lockdown in May.
sr. member
Activity: 1512
Merit: 316
April 22, 2020, 03:36:12 AM
According to the research, the world health organization are not perfectly overcome the pandemic virus particularly in Italy and US except the country of China, so it is very close to clear that this lockdown has been extended throughout the world and it is probably that this coronavirus is also impacted the job to all people.

Recently WHO stated that worst is yet to come and this is a very horrifying thing if still the situation gets bad from here then the world will be a different in next year with less population, economy going back by couple of decades and chaos everywhere. Unemployment would be all time high, business would be filing for bankruptcy etc.

member
Activity: 686
Merit: 30
April 22, 2020, 02:20:48 AM
i think and i hope something change after the pandemic is people really carefully about what they eat , stop eating "weird" thing that will cause more viruses to the body itself
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
April 22, 2020, 12:54:13 AM
According to the research, the world health organization are not perfectly overcome the pandemic virus particularly in Italy and US except the country of China, so it is very close to clear that this lockdown has been extended throughout the world and it is probably that this coronavirus is also impacted the job to all people.
If the people don't participate in Government efforts then This will continue further and may extend the whole year or next.
Government are doing their best to stop this pandemic but we need to be part of the effort.
Nothing will be as it was before coronavirus, economic trends included, because human behaviour will change after this experience.
how sure we are that people will change?nope people may change a while but for sure back to normal after sometime.
member
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Decentralized Ascending Auctions on Blockchain
April 21, 2020, 08:58:25 PM
According to the research, the world health organization are not perfectly overcome the pandemic virus particularly in Italy and US except the country of China, so it is very close to clear that this lockdown has been extended throughout the world and it is probably that this coronavirus is also impacted the job to all people.
member
Activity: 515
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April 18, 2020, 05:25:19 PM
Nothing will be as it was before coronavirus, economic trends included, because human behaviour will change after this experience.
sr. member
Activity: 1078
Merit: 256
April 18, 2020, 01:06:31 PM


Now that authorities find it easy to control the people easier this way, they will rather find ways to make this virus stay in the minds of the people than just allow people to keep walking on streets 247. Its going to be hard to get back to normal anymore because if we can survive staying at home almost entirely for 2 months, they'd conclude we can also live our entire life in close doors.
Manipulating mindsets can be easy for the government, though there are also good impacts in terms of low rate crimes and people who can work online no longer needs to travel if the companies established good relationship between their employees. We can't deny the fact that bringing back things to normal will time, some will continue to choose staying at home as the threat of this virus still rounding from their minds.
sr. member
Activity: 1652
Merit: 299
April 18, 2020, 03:02:40 PM
Looks like there is still some trouble going on that doctors are saying and we are not entirely sure if it s correct or not because we realized TV's are not something to trust long time ago so we don't know if its the truth or not.

However from what we hear there is something that sort of makes sense as well, it is said that since many people are in lockdown or self isolation, it means that people actually do not get as much infected as it used to be and eventually these numbers will drop, hell even find zero if we continue to defend ourselves like this.

All the above, one thing is for sure, if we stop the lockdown and the isolation and everyone goes out and lives life like the old days, it will start up again even if there is a single case left, and we will be back where we started. This is why we need vaccine, doesn't matter if we peak or go down or no more people dies, as long as there is literally just ONE infected left, if we are not careful it will be back like this.
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