Topic: Saving economy at the cost of what? - page 4. (Read 1206 times)

We are not ready for this pandemic, the OP has a point when it comes to the welfare and survival of the citizens, but the problem is that we do not know how to cope our system with the revival of economy while simultaneously ensuring the well being of the masses, I agree that we should prioritize the lives of our people but how can we make sure that they will survive in the long run if the government do not open the economy, more lives will suffer in the long run if the continouos closure of economy due to the pandemic, the collapse of economy will ensue hunger if not threated early, remember when West Berlin was dying of starvation because they lost the war and they are held by USSR, it is a different circumstance but the pattern is the same, be it war or pandemic, economy will collapse if there is no circulation.

I agree with you, many poor countries cannot support their population. And people work to provide for themselves and their loved ones. But maybe the virus is not so dangerous, because it is more real to die from hunger than from a virus that you might not get infected.

You have a very good and reasonable advice. I know that everyone has a personal life and has a lot of work to solve, but if we are too personal, it will affect the community greatly. As he mentioned above, we should have a habit of wearing a mask, washing hands before touching the face and especially avoiding the road when there is no need. Those are the actions that we need to take if we want corona virus to be controlled early. sacrifice your time, you will save the economy of the world in the future. Hope everyone here is well aware of that.

Yes thats right vaccine is only cure to the virus but still not existed and we dont know when its make. Yes quarantine is really not solution to stop the spreading virus and if we want to work too we need mask as a little protection to us . But its not safe and the one that i know is to find a some work online , so that i make some  cash even i stay home and also my family are safe in pandemic.

Saving the economy of a nation at the cost of our life. Yes, in many developing to underdeveloped countries people started starving due to lockdown hence there could be no other solutions for those governments except lifting the lockdown restrictions along with the instructions of mandatory social distancing and masks wearing. Fortunately the rate of death due to covid19 is not significant compared to most other new diseases of last few decades which could be the another reason governments started risking our lives for saving economy .

It seems we might need to lead our usual life among this virus and patients of covid by wearing masks and by using sanitizers on hands and our touchable everyday things. Tier1 countries may support people by feeding them to keep them staying within home but that is not possible for most other countries hence we cannot expect to continue lockdown.

The virus will never go away unless somebody comes up with a very effective medicine. Masks won't prevent the virus from spreading neither.

It is impossible to quarantine the major cities forever and It is not wise to stop the economy neither because people die from hunger.

Long story short, there isn't a solution to this problem, yet.

Since we try to do them both, quarantine and work at the same time, we will suffer from both. Die from the virus and the hunger at the same time.

I am sure people will find a way to survive because we can use the internet to be more creative. Maybe that will work and help people to solve their problem in the finance side, but yes, that will be hard to apply for all people since not all people can use the internet. I think by we staying at home, and try to search for what we can do to survive, it is changing our habit, and we are forced to do something new that is out from our expectation. We will try many things to have our daily needs, and I am sure that we can pass this hard moment.

Most countries have already lifted their quarantine days and allowed their citizens already to go back to their respective jobs. But even if the government allowed this to happen, we should still follow strictly those restrictions that will keep us safe from not spreading corona virus. Wearing face mask and bringing hand sanitizers are a must but we should not still be comfotable with this since the best medicine which is the vaccine is still not out in the market.

The lockdown should be over to make economic sectors recover. There is no way to improve the economy by only staying at home. I cannot imagine if the lockdown lasts till a year, how can we survive to live. Even if it is still not the right time to go out, but I think as long as we follow the guide to prevent Covid-19, then it is no problem going out. Not all people can work from home, some only can work outside. Not all people have the same skills to work online and even some never know about online jobs. The situation is quite complicated but the only way to survive is by changing our habit, NOT staying at home forever.

in Europe alone the auto industry alone provides 5 million jobs, those people will not be able to work from home for too long. Yeah, a part might work from home in design, accounting, promotion, but if you don't produce the actual cars there is no need for that anymore. And that's one part of the industry, what are you going to with the petrochemical branch, without that there are no plastic derivates (meaning no bags, no packages, no masks!!) it means no fertilizer, it means no food!

And what about the people that must go to their daily job!
You still need electricity, you need water, you need medics and firemen, and ...employees at chain stores and delivery men.
Oh, those can be sacrificed, right? You might be able to stay at home but only with other people leaving their homes for work.

No, a continuous quarantine the sam ewe had in March-April in the EU would be impossible for the entire year.
Besides...look at Sweden!
It had far more relaxed measures and its mortality rate is still below the UK, Spain or Belgium.
  

The thing people are forgetting about is the fact that people can't just stay at home forever, there is no way humanity could survive not only economically but emotionally as well by staying at home for years, and we do not know when the vaccine will be ready. So, the best case we have right now is making people stay at home at a length, then curing the sick people we have, when everything looks better we will let people go outside again, they will get sick again and we will lockdown once again and cure the sicks we have.

That way instead of just putting everyone at home until vaccine, you are making sure that we are going outside at a rate where the sick people number doesn't go beyond the hospital capacity numbers. Its a calculated risk that we need to accept in order to continue life.

Countries need to take the risk for them to move forward. The world can't afford to just let remain idle while waiting for the vaccine to be made which is currently still on testing and the projected timeline might take a year or two. The fall of the economy is way more critical in the long-run.

I also didn't consider a continued lockdown as a solution to slow down the virus spread. Even at home and following the strict measures, other people got surprised how they became infected with the virus. The good thing is, some able to survive it without medications as they just continue their healthy lifestyle while being in quarantine. It does mean that the virus is curable without the actual medicine for it. Because of that, we can go back to business slowly as long as we are following the safety protocol which is now part of the new normal living.

The world is not clueless now on what the virus capable of. We do now have information about how to deal with the virus, at least. That's the subject of the lockdown. It's time now to take the risks, embrace the new normal, follow safety measures, and come back slowly into the business.

Countries and their leadership are more conscious of the benefits some countries are enjoying from the lockdown while taking their market and getting new ground. It is believed that the advent of the pandemic was with the mind of an economic war and the trend had not proved otherwise. However, new discovery have been helping to make better decision on treatment and prevention. Some of this measure will reduce the government spending on equipment such as ventilator that didnt give the desired result. Especially in USA more cases are seen in area of lockdown and familiar drug are advised to control the disease while everyone improve their immunity.

Well not at all, I saw that movie this year (though released in 2011) and covid-19 pandemic just seemed to be reacting everything that was acted in that movie, except on a deadlier/fatal basis.

The recovery rate worldwide is far higher than mortalities, that means the virus can be managed, and people can recover or also die, just the same possibilities with other diseases like Cancer, Tuberculosis, Cirrhosis etc. The reason why governments locked down their countries was cause of how fast the virus can spread. With the curve coming down in quite a lot of countries I don't see why they should not ease off the lockdowns.

The awareness has been created, everyone is now conscious of the presence of the virus. People have to go to work, businesses reopened and life reenacted again, the government locked down their countries then as they tried to get a clue of what was going on, now that there are effective preventive measures, life must and should go on.

The solution to this is the physical distancing and public provided shuttles. It's really a hard thing to go to work if you're far from it and there's no means of transportation. The transportation sector should be clear in providing help to the coming back workers as they're both striving to help not just for their families but also to the economy.

With regards to those guidelines, everyone should coordinate and help themselves too. Discipline will help each other to overcome this hardship. The cooperation that everybody will contribute is a big thing not just for the government but for every citizen.

The governments have no choice op. Extending lockdowns in many countries will only lead to more chaos which is why they are lifting them carefully.

Certain countries like New Zealand have found the optimal way to control the spread of the virus at present which is impressive and other governments can learn from them. World governments need to optimally control the spread of the virus and kickstart their economy.

This situation will probably stay this way until the middle of next year after which the vaccine would probably solve the problem worldwide.

Well for my community, it seems to me that things are getting worse. We already opened half of the economy bringing back the half of the jobs to the people whose inclined with the essential and basic job that we find safe as of now but the public transportation is not that well planned at all. I see people complaining in social media sites, those people who work from city to city needs to walk a very long road just to get on their workplace and I find it unsafe coz we know that the virus is attached any where. They might just caught it then spread it that way. New normal is slightly non-reliant for me now.

That's the problem facing by the government now, but totally closing the economy will just worsen the situation. What we need now is a strict implementation of rules and guidelines.
New norms shall be implemented wisely.

Governments have taken a calculated decision, at the beginning when there was almost no information of the virus they took the decision to protect the lives of their citizens regardless of the costs until they had a better understanding of the lethality of the virus, after 6 months it seems they have decided the damage to the economy caused by these measures will be greater than the damage the virus will cause by itself, still it is not as is everything has returned to normal, many business are still closed and people are still encouraged to take the preventive measures we all know by now.

So it is not like governments are prioritizing the economy above all we are still trying to figure out the optimal spot to take care of the health of people while still maintaining the economies of the world healthy as well.

currently economy of a country can only come down due to the level of their economy, secondly economy of country reduced due to management, thirdly economy of country can only reduces due to political crisis, fourthly economy of a country can come down due to disease, finally economy can come down due to war in the country.

1.economy of a country come down due to a level of the product or production of the country, this is the area a country need to diversified their economy for example a country that base on agricultural product and it happen that crude oil come up to the country and government of such country abandoned what was generating revenue to the country been agricultural industry and focus on natural mineral crude oil, that shows that the country is not diversefy in terms of economy,therefore anytime price of crude oil is down in exchange market automatically that country economy has come down,this is one of the major thing that brings economy down.

2.Second point,economy of a country come down because of management, management is one of the major thing in area of economy management, if people in control of the managing resources fails base on lack of policies it will contribute immensely to the down fall of the country, so any country have to take much measure to manage their country to avoid down fall of economy.

3. third point, political crisis is another problem causing down fall of a country economy, when there is a political problem in a country no of the leaders will protect the interest of the country all will be conscious of party affairs and some of government amenities that generate revenue can be sold out in other to maintain their positions, assuming that the country has only one sector that generate revenue and it has to sold out by pass leaders, what ease can generate income in such country.
All these is because of political crisis.

4.disease causes down fall of  a country economy currently corona virus pandemic is one of diseases that can bring down economy of a country down, because this pandemic Carrie's both shutdown of industries and increase in death rate in a country if their is no adequate treatment apply to the masses.
Because this disease can eliminate the country including the board of director's of country economy, and when it happens mismanagement of economy will take place therefore country economy will start going down.

5. Finally war causes down fall of a country economy,
When there is war in a country it Damage's many thing in a country before such will regain their economy it will take period of time.
Therefore leaders of a country have create policies that will enhance the growth of a country economy for the betterment of the country.

With the exemption of Vietnam you will see that most of the countries didn't risk to have an early lockdown or quarantine due to the hit their economy will take when most of their activity will be shutdown. Now they are risking the health of their own citizens by lifting the lockdown prematurely just to save the economy and keep it up and running so this time I don't think most of the governments have a choice but to lift the lockdown. I do think their only gameplan now is wait for a cure to arrive rather than contain it further now judging on how I read the news. Your statement about disposable masks isn't entirely correct, yeah the whole country might be wearing protective masks but if they always touch their face as well as move around their face masks they are just as good as wearing without them.