Quote from: fiulpro on April 28, 2020, 08:35:42 PM

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 .

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.

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.

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.

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.

6. Cryptocurrencies are getting more popular since using them have enabled people to sell their services across the globe . without additional documentation and problems.

The thing is most of these changes are temporary. Almost all types of imports and exports would resume once covid rests a bit. Coming to the handling by Government I don't think there would be any major changes in economy, we saw the great depression, we saw the housing bubble crash. Nothing changed after those crashes and same is going to happen now. World economy would restore itself. But yes cryptocurrency can gain some popularity in the meantime.

Quote from: Reid on Today at 09:05:34 AM

Quote from: fiulpro on April 28, 2020, 08:35:42 PM

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 .

First thing that came into my mind is this.
Lots of time for the kids. They are loving it although I am having some problem with the budget for everyday.
Still, everyday there is laughter at home and it sounds really great.

Quote from: fiulpro on April 28, 2020, 08:35:42 PM

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.

Mother Earth is healing from pollution, the streets are clear and emergency cars could get to their destination really fast.

Quote from: fiulpro on April 28, 2020, 08:35:42 PM

6. Cryptocurrencies are getting more popular since using them have enabled people to sell their services across the globe . without additional documentation and problems.

Good and bad in this case. There are also large activities of scams and hacks.

Just also want to add, after this event, healthcare program will jump into high percentages.
I bet the government will now put more funds for it.

Undoubtedly nothing can be better than spending quality time with families. People were sort of lost in their busy lives coronavirus definitely has given a big break to almost all of them. Healthcare companies are the biggest profiteers as of now and insurance companies could lose a big chunk of money here.