Topic: The pandemic outcome - page 9. (Read 2167 times)

In my own opinion, for us to be able to provide our daily needs we should be making plans and don't buy things that are not important, so that we are not waste our money in useless things. We also need to continue to earn money here in the world of cryptocurrency, so we can still provide all of our neccesities and avoid having debts.

It is precisely this pandemic that has resulted in a growing public health system that is infected with people who are starting to worry that if this plague continues to haunt them, there will be a lot of panic and people are increasingly afraid to leave the house.

The economy is getting worse because of the collapse of all industries paralyzed by this pandemic, why is that because the global experience the same thing where their exports will be a little delayed and tourists will according to this consequence therefore there is no good economy at this time even America even together to fight this.

Apart from the program that the government will prepare as a form of our social responsibility, we must help think of creative ideas that we can work on to help move the wheels of the economy when the pandemic or after the pandemic ends.

Of course, after the pandemic ended, many countries experienced problems with high unemployment. So we have to think about small and medium businesses that are proven to be quick to absorb labor. From now on we can start supporting by buying their products. If their business is already closed. We can create an equity crowdfunding program so that small investors or dime investors can participate in moving the SMEs industry that has a pandemic impact.

The small rounds that we do will give the opportunity for small and medium industries to rise and give a bigger round effect to the country's economy which ultimately absorbs a lot of labor and brings a smile to all.

I do not know the conditions in America whether there is a traditional market or not. In Indonesia to consolidate the economy so that money revolves at the base of the pyramid many activists campaign to buy from stalls around the house rather than in large supermarkets. Spending money in large supermarkets then money will spin upward stopping up at the top in the hands of the capitalists and few returning to spinning down again. The impact after the pandemic gives us the chance from zero to being a hero to others.

I also have the same opinion as you, because this pandemic makes many countries more debt owing to the need to pump money to rescue the economy. and people will also owe more and the economy will be difficult to recover quickly. The situation will be much worse if the disease is not controlled in Q2. The amount of debt will increase and the risk of a major recession will be higher. Therefore, we should prepare ourselves for the worst case so that we do not panic.

The pandemic would not have so much impact in the public health system.
The economies of the countries that suffered the most and eventually the global economy are going to be hit hard. This 1-2 months of lockdown is going to have serious impact in the GDP worldwide.

Everyone experiences financial difficulties in a situation like now, so don't buy anything unnecessary. Living simply and frugally is a must
for today. If you can find additional income to add purchase of daily necessities. Cryptocurrency can be a solution for making money, you
can trade or invest in coins that have good potential. And the most important thing is not to borrow money if you are really not needed.

Yes, that is right. If we can fill our daily needs, then we don't need to worry because we can survive every day. But don't forget, besides we fill the daily needs, we can prepare for the future because after this pandemic ends, we can start to do anything that can help us to get more money. I believe that situations now will not stay for a long time, but we need to be patient while we need to take care of our health.

The consequences of this epidemic are going to be much worse The country's economy will don't have anything to mention after the epidemic within the current crisis within the world People will live worse lives but there'll be tons of vacancies for jobs  Many unemployed people are going to be employed but it'll take an extended time to get over this economy. Many people's work pressure will increase After the impact on online if the country's economy is broken the way to buy add case of an depression.

After this Pandemic we will have a new normal life, there will be a recession from third world countries and many businesses will need a loan grant and majority of the workers will have to find a job because some industry will have to take some time to recover, there will be a lot of jobless people and it will take a year or two to normalize everything.

In my case, I will be liquidating some assets that are not making me a profit both from offline and online investment.

There was a provision in the stimulus bill that stated small businesses needed to retain 90% in order to keep and maintain the loans. I have a feeling the opened businesses are extremely inflated and we'll see them close down shortly when they aren't able to sustain themselves and run out of loan money. The only thing keeping small businesses afloat are the government. Once the government lets these businesses out on their own, they'll collapse and lay off their employees.

Surely, just like super typhoons and other devastating happenings, it will left a mark and several casualties that is hard to clean. We can predict economic reset or global recession - it is not inevitable in a sort of way. For sure, the government will do quadruple effort when the time comes. Large percentage was taken from the government fund by just distributing rations and relief goods. What more for other large and populated countries? The right thing to do now is to cooperate and have discipline. Let's not be baggage for the government to carry but let us help them carry the weight of the problem. That's the least we can do.

The best way is to be discipline to use money and prioritize the urgent needs. Saving or investing is good but it is not the priority in this time. If you look at the current news, people prefer to lessen their daily expenditure for not urgent needs. So, I'm not sure they will do invest more as the prepare for the future after pandemic.

For me, I'll just keep saving money and things that are really important for survival. The crisis has already started and many people are already experiencing difficulty and hardship caused by this pandemic. It will take some time before everything goes back to normal especially that the cure and vaccine to kill this virus has not yet invented.

I participated as a volunteer to fight the covid-19 virus in my own city. I have a crypto community in my city that has a large number of members, thinking I have the idea to help. Medical and police officers to eradicate reduce the spread of the corona virus. with materials spraying disinfectant into public places such as, schools, city offices. markets. which has the nature of the crowd? Disinfectant is a liquid chemical that is used to prevent infection or pollution by drugs to eradicate disease germs. Hopefully inspire you here to become world realists against covid-19

The outcome is worse than i imagined people bare running out of cash some don't even have shelter on their heads no food even , business mens are going down and so is the economy after this pendemic people will  fight for jobs. It scares me.

I think focusing on what we need daily is what really matyers these days. Investing and other cash related transactions that aren't that important should be not on your to do list as of now.

the most important thing at the time of a pandemic is the goal every day you prepare food for one month is better if you still have parents who live together and it's better if you have a lot of money it is better to buy food take some time for this case still many victims. get a job more difficult, many companies closed down across the country no one knows how long this pandemic ends.

We should have good mentality if we want to survive in this crisis, our intelligence can help us to solve problems and make money. There are now a lot of cases around the world and the world economy is experiencing major dumps because of the panic in the market. This recession is not simple because lives of the people are on the line. Yesterday, a history made because of the price of oil reached $0 per each where its demand turned into negative. It is the first time in history so we should expect more downs in different types of market.

do saving or investing and stop doing hedon thing , we dont know what will happens next , prepareing everything will make your life easier event in pandemic like this

during the "stay at home" because the epedemic corona is supposed to be able to focus more on crypto. but most of those who can do that, but not a few who also do not think about crypto because it is full of anxiety about the epedemic corona.
unfortunately this epedemic corona also affects several projects where the country is affected by a very tense situation, so many projects are stopped and will continue when the situation in the country begins to recover.

we hope this epedemic can soon be overcome and can make all calm and not gripped by anxiety.