The economic crisis is severe . Undeniably we have reached a rock bottom , where one needs to change everything , how the world works , how we understand economics , how the volatility would be controlled with respect to the Fiat .
I have had taken part in the discussion of a lot of negative but true situation , I would like to ask you guys to mention some positive points on the economic situation and other sectors despite the Corona virus .
Let me mention some positive things that I think could lift some burden up .
1. Due to Quarantine people are spending more time with families plus all the businesses and schools are working online , after the quarantine one can easily hope for an increase in online job opportunities , which is a big deal for some students and other sectors .
I don't know about online education though, I maybe a old and traditional and there are still subjects that students need interaction like lab projects and stuff. Although this is the only options for our kinds right now, online education might not be everyone specially for countries that don't even have infrastructure to support it.
2. Home owned businesses + Local business are flourishing, due to Quarantine import and export is definitely not working as efficiently , therefore each country is working towards making their own markets more valuable. Which inturn for the long run means a lot since most of the people are involved in home owned businesses which was ignored previously.
Based on what I have seen in my country, the only business that flourish is food delivery services.
I'm not sure what home business you are thinking.
3. People are moving towards Sustainability , countries in the future will be able to take care of the needs of their people , focusing the priority on their areas which inturn boosts the living conditions of the local community.
This is good though, around 6-7 years ago, I bought few hectares of land in the countryside to make me and my family sustained like having some crops and vegetables but with the lock down though, I can't visit and just totally rely on some of my caretakers to rely what's going on with some of my plantations.
4. With the Quarantine and complete lockdown , environment is recovering, some of the most severe ozone holes are closed , pollution is getting controlled , feels like it is something that nature did to make sure the earth recovers from the wildfires all around . This means one would be able to efficiently renew the economic situation as a whole.
Yeah, I would agree that mother earth is healing in the last 8 weeks or so.
5. Total renewal of the government and the economic situation is in order , since this system has proved to be inefficient in handling situations like these.
Well there can still be some politics behind. But I do hope that government will work hand in hand regardless of what politicians affiliations we are.
6. Cryptocurrencies are getting more popular since using them have enabled people to sell their services across the globe . without additional documentation and problems.
To early to say though, we need more time to see the whole narrative, to be honest.