Topic: The Economy around the world will be very bad in April to May 2020!!! (Read 494 times)

In Indonesia since the social distancing policy and work from home were implemented a month ago for Muslims, the obligatory prayer service together at the mosque & Friday prayers at the mosque was abolished.

Last night it was also published that the tarawih prayer service during Ramadhan was abolished because the corona emergency was extended to 29 May 2020 which meant that Eid prayers were also abolished.

But Ramadan fasting must still be carried out by a healthy Muslim because fasting does not require them to leave the house, they can carry it out at home. Ramadan is a holy month and the fasting orders come from God directly so that even if the government is foolish to forbid health reasons, Muslims will continue to carry out fasting.

This applies to all religious people in Indonesia, not only Muslims. Two weeks ago Hindus also did not pray in temples to commemorate Nyepi.

I wonder why muslim doesn't just cancel their traditional event even Catholics have cancelled holy week to not further spread infections. This religions are making it worse.
Not only RAMADAN is the only bad news but also some countries are lifting ban in april including my country in the Philippines. So we might see peak of most number of cases in April of May.

Fasting is by choice, and I don't think that being in a gathering at this point of time is a good idea because you're more likely to get the infection when you're in a gathering, you don't even know who is carrying the Coronavirus infection in such a place and for sure you're going to be greeting a lot of people that came to the gathering, even if you don't, you're still going to sit in a tight crowded place where you will make body contacts with so many people .

So it's all choice, if you decide to be in a gathering. But it would be best that you all stay at home and save your country from having more cases of the virus.

Indeed. No matter what is our religion, we should be obeying and follow our government and the laws of our country, that is why in the pandemic of corona virus we should be helping with each other and stay in our homes to prevent the virus from spreading. The economy of a country would really go bad from April to May since there are no workers, but the health of our people should go first, before we think about our economy.

Under our law, Religion and State are separate, and we have the government that will be followed guided by the law of the country.
No religion can violate the law they will impose during the crisis because at the end of the day they will still ask help from the government if they get infected and worst if they are the reason why more and more people get infected, any religion we have, we are still under in one government.

I agree that this will cause a turmoil especially those people who hadn't prepared for this which is a lot and I do not blame them because this situation was swift and unexpected.
This should be a lesson for everyone who are suffering from the pandemic.

You have a good point in all fairness. Of course! Food is our main source of energy so your body will tendency weakens if you deprived it with food. But you know what despite of their tradition, I haven't met someone who became so ill because of it . As far as I know, Fasting is not a manner of not eating at all but only a way of meditating and sacrificing your wants which is eating freely in this case. So if you eat 3x a day in a usual basis then eating just 2x a day during Ramadan could work already (that's what I knew of it). For this reason, yeah you might experience dizziness or tummyaches along the process but it doesn't necessarily mean that your body will now collapse and become very vulnerable against diseases.

I'm pretty sure that your body will not get compromised by Covid 19 as long as you are not having a direct contact with the infected person . Well, let us hope that the high order priests of their religion will not allow religious gatherings and encourage all of Muslim to do it inside their home because we all knew how fast the virus spread.
Better to use might instead of will  .

The global economy in April-May will be bad, but it will worsen in the following months if we keep this social distancing for a long time, or should I say it is just the beginning of a recession.

Social distancing is a temporary means to lessen the virus spread; that's why we heard only two weeks to one month. After that, IMO we should open the economy but DWYOR, use your protective gear if you want to go outside. There are no other solutions that I can think of.

Humans are currently limited in space, so they cannot work to improve the economy. this happens massively, thus affecting the country's economy globally. with almost all countries affected, then almost all countries experience economic setbacks, the first step that must be taken is to fight this virus

Same, I am not a Muslim but I do respect their religion, but for now let's just listen to what government will tell us to do to make our selves safe. This COVID-19 is still wildly spreading in different countries and increases the number of cases which is very alarming. Though I tried to do fasting, intermittent fasting to be specific and it helps me a lot to be physical fit but I don't think it is good for this season because the most important thing to do today is to be safe and being healthy which means to eat nutritious food as many as possible also to take vitamins. If you will do fasting at this moment I don't think it will help you to be strong but no one knows but for me I do prefer to eat normally like in my daily routine.

About economic turmoil, it is now happening. COVID-19 indeed affect our economy in many ways. The economy will collapse if this crisis will not end soon, everyone is quarantined in their homes no jobs and no income which may lead to economic decline in the future. For the meantime, everyone should be careful and stay at home. After 3 months, none of us knows what will happen so better pray for healing for those victims and salvation for everyone.

Unfinished shock experienced by the world and the market due to the escalation of the trade war between China and America. The global economy was hit again by the Coronavirus epidemic which paralyzed the global economy and even predicted global economic growth approaching 2.5%. The majority agreed that mitigation and containment outbreaks were the only solution before starting to resolve the after pandemic effect.

The ever-expanding corona pandemic risk is projected to spread to the financial sector, namely the risk of default or increase in the ratio of non-performing loans (NPLs). Household consumption and investment flows are expected to decline due to the uncertain climate. The Micro, Small and Medium Enterprises Sector or UMKM which has proven able to withstand all crisis conditions is estimated to be hit hardest due to the absence of social activities.

In the midst of the corona issue, the United States dropped 24 countries from a list of developing countries whose aim was to reduce the boundaries that prompted US investigations on whether a country threatened the US industry with unfair export subsidies. This will also make it difficult to reverse the recession after the corona pandemic can be conquered, developing countries will lose market share which has an impact on declining investment.

Add to this the war between the American superpower and China's great power which will culminate until the elections in November 2019, making the way out of the recession even more opaque.

The economy all over the world are crashing right after our eye after these past years where there are many all time highs in stocks, indices and even cryptocurrencies. The COVID-19 is the main reason why economy all over the world are falling. Many businesses are now closed because of the lockdown and there are many affected people who lose their job because the implementation of home quarantine.

The prediction is already happening now, it already starts at the middle of March, as we can see when the pandemic coronavirus started everything is rapidly changed and we cannot controlled it. As my own aspect for now on, the Ramadan is not the main reason of a bad economy between April and May, because there’s a moment that the pandemic virus has a large affect on it. I hope that in the month of June the economy around the world are starting to be fine, little by little with the power of unity in every country we can rise the economy again.

I am sure that Muslims, especially in Indonesia, who are predominantly Muslim, would not believe such nonsense.

How could Ramadan be associated with all this, don't make this up.
What if the Covid-19 disaster ends before Ramadan arrives?  Affairs of death, fortune or time in the future only God knows.
The discussion regarding religious worship matters, I feel here is an annoyance.

It's good if you lock this thread.

thanks for putting a disclaimer that you dont open this to spread fear but instead to inform people for some upcoming events , i already forgot that ramadan start at those dates  .

it was important for other religions but now that there are covid-19 i wonder if how they will do it  , what if they will only cancel it ? i know its important but even other important events are getting cancelled too because this event is verry crowdy , not to mention that people here will not eat which lower thier imune system and easy for the virus to penetrate and cause infection   .

How can you think that Ramadhan fasting lowers the immune system? Please show me the references that support your opinion! AFAIK, Ramadhan fasting can exercise our body and strengthen our body defense. Ramadhan fasting also learns us to pay more attention to discipline in life and know what's good to eat. So, you mustn't worry that people do Ramadhan fasting experiencing a nutritional deficiency during the month.

I don't think Muslims will face a doubt to do fasting or not. I am pretty sure that all Muslims will together do Ramadhan fasting because it is a must in the Islamic religion. In addition, I want to remind you that Ramadhan fasting has nothing to do with the global economic decrease! Don't make FUDs!!

Fasting does not weaken the fasting Muslim immunity but instead will make the organs of the fasting Muslim body healthy. For Muslims who are healthy Ramadan fasting is a necessity and not an option. (But for people who have an illness or fasting causes sickness, so the person is allowed to not fast and should make up the missed days when s/he able to do so.)



Indonesia is the country with the largest Muslim population in the world and is now fighting against a corona pandemic because it has a high mortality rate. Even the state intelligence agency predicts that the peak of corona in Indonesia will occur in May 2020 with the number of positive sufferers around 4000 people.

Indonesia's economy besides relying on exports is also domestic consumption. In general, 3 months before Idul Fitri there is an increase in consumption and transportation services because Idul Fitri is the biggest holiday in Indonesia and usually the government enforces national holidays for 2 weeks. When Eid Al-Fitr there is a tradition of returning to my hometown and there are regulations maintenance of holiday allowances from the company to employees, so that before Eid al-Fitr the economy moves very quickly in Indonesia, ranging from retail clothing, cakes, package services, and transportation services, as well as the hospitality sector. The increase can be doubled.

With Corona, there have been many terminations of employment both permanently and temporarily without any salary allowances, this has happened especially in the tourism and hospitality sectors and services. In addition to the corona outbreak and the uncertain situation, many middle and lower classes do not have enough money or if they still have savings they will choose to save it rather than spend it. So that consumption figures that sustain Indonesia's economic growth will not be reliable.

I believe that in reality the biggest blow to economies will be universal quarantine of the consequences of which we can see only in the foreseeable future.
The shutdown of businesses will not pass unnoticed by all segments of the population, and it’s scary to think in what recession the economies of most countries will fall.

I disagree to this, because if you don't eat and drink water then your throat will be dry and it is more likely that the virus will easily stick inside your mouth. Also some people are eating a lot of fruits and take vitamins just to enhance their Vitamin C in their body so that their immune system will become stronger. So for me, fasting will make you harder to recover if you get infected by the virus because the white blood cells is not enough and weakened due hunger. Our immune system needs to be improve by taking Vitamins so that you can easily recover from the deadly virus. Not only Muslims do fasting but also a normal people, fasting is just good for a healthy bowel movement but not a practice against Covid-19.

It looks like it may not recover in May neither, it will be bad in April and may but it will be bad this summer too and it will probably bad until next winter for recovery. The peak horribleness will come this summer when many nations usually get a lot of travelers for vacation. Italy just to give an example usually gets millions of visitors to their nation during summer because for a holiday place Italy is a great nation (or I imagine at least) but this year they will not get any of them.

I personally checked a lot of hotel prices for example in my nation and it is usually lower than last years, normally it is not only staying same but going up, this year it went down in price, that's very rare and tells you all about it. So, I assume we will go worse and worse until next winter.