Which country's government will be the most affected by the COVID-19 global pandemic, and be the first to go bankrupt, and default?
Italy has the most numbers of infected and i think this may be one of the first to become bankrupt.Although it's difficult to predict if which country will be the first to go bankrupt but i think except for the country with many infected,I also think those country with very low economies,because this pandemic problem has a huge impact to our economy.
Our country belongs to a third world country and it's now in dilemma.
Well I guess what ever your country is, first world or third world, every nation is in dilemma. Just look at USA now, they become the epicenter after hitting the highest covid cases with over 450,000 now and is seriously having hard time to cure the virus, it's been 5 months yet we haven't found the vaccine but I think we are near in seeing the vaccine as we have a high rate of recovered patients.
Our government has extended the enhanced community quarantine and one of the problems that we have to face is our economic situation right now. The government can't sustain our necessities and our funds are not enough to fulfill the country's needs while we're quarantined. Our economic situation has been dropping down. I just wish that things will get better for us before we lose everything.
Don't expect that the number of days of quarantine will just be it especially with health problems like this coz unlike the other problems it is hard to sustain so don't blame your government for extending it, that is just for every one to be safe. As for economic status of one's nation, I guess there will be a massive pull down from every country especially on those hardly destructed.