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Impact of Corona on the world

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I've decided that the financial impact is worse than the health impact, if we survive i think they will do things differently next time and perhaps focus on business and money first rather than health.

 

Financial markets crashing

pensions, investment savings drastically reduced.

Money at risk with a run on the banks in Thailand and everywhere else.

Massive job losses will happen in order for companies to survive.

High number of companies will go under.

Countries may decide that people should not pay rent, mortgages, gas, elec like France

 

I can't see any light yet, only a vaccine and treatment will do that

 

 

YES!

Just now, Matzzon said:

YES!

No question was asked .

 

 

1 minute ago, sanemax said:

No question was asked .

 

It was not an answer anyway, so never mind.

Correct

The old and sick die anyway

 

 

20 minutes ago, scubascuba3 said:

Financial markets crashing

pensions, investment savings drastically reduced.

Money at risk with a run on the banks in Thailand and everywhere else.

Massive job losses will happen in order for companies to survive.

High number of companies will go under.

Optimism, gotta love it ????

Just makes you love the Chinese even more, doesn't it? :sick:

  • Author
1 hour ago, CGW said:

Optimism, gotta love it ????

What's your take on it? it's just like flu what's the fuss?

28 minutes ago, scubascuba3 said:

What's your take on it? it's just like flu what's the fuss?

It is what it is! if I get it - deal with it, for sure there is a huge amount of "scaremongering" going on, if I'm wrong about that and end up dead - Big deal - that's life! ????

Trust in "government" has risen enormously in recent weeks for some, not for me! 

Yes, this is the start of a massive correction to the debt-bloated global economy that will lead to massive ramifications and consequences globally. It has been predicted for a long time and is long overdue. That it was triggered by a global pandemic will make it slightly worse. The US and developing countries with poorly developed health systems will be particularly hard hit, as will those with low savings and assets. However, having said this, it is not as serious as the climate change emergency and ecological emergency that is gathering pace - that will dwarf COVID-19 in its scale and consequences. Why do you imagine Extinction Rebellion have been out on the streets of capital cities around the world sounding the warning signal these past 18 months? 

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