Quote from: Upgrade00 on May 21, 2020, 03:14:11 PM

Do you also think this would have an effect on an individual level? Services such as in-house painting, furniture moving, plumbing work, food delivery etc from outside sources, the fear of contracting a virus could lead more people to take a more Do It Yourself approach and what impact would this have on home delivered services?

The right language is not to do it your self but you are on your own. Each person takes care of their respective interests in building individual resilience both in the economic and food fields. For the problem of health security, all individuals and even the whole world must join hands on the basis of humanity.

Post-corona the challenge is to create independence before the supply and demand chains return to normal. Each individual or family is almost impossible to meet their own needs. If independence at the individual level cannot be created, we extend independence at the level of the neighboring community of life. We can begin to record each family about the products or services they can produce that ultimately can meet each other's needs in the community. Back to basic concepts such as ancient times consume what is produced and produce what is consumed is the wisest way before the economy gets back on track. Because today is not an ancient era, it has slightly evolved with the concept of community resilience.

I do not know how life in developed countries, in my country the home industry produces fast food, detergents, bath soap, dish soap, vegetables, freshwater fish. Although it is still a simple staple, it can at least ensure that members of the community do not starve. For products that the community cannot produce themselves can ask two people to register in each house and spend with extra tips. This will rotate the economy of many people and prepare an independent economic foundation in each community.

Quote from: fiulpro on May 25, 2020, 05:38:05 PM

Should they do it : Yes
Would they do it : No

See am not trying to judge , but the developed countries do save a lot of money by importing stuff from the developing countries . As for the developing ones , it does account for a huge amount of their own GDP too , to actually provide stuff or to export. Due to huge population in some they do export cheap stuff and most spare parts are assembled in the developing nations due to less wage of the workers .

If the developed nations do try and do it all by themselves , they would actually need a different kind of industrial revolution.They will have to clear patches of land and set up factories . At the same time import the machineries and give job to a lot of people. It is not something that would happen overnight.

It would take time.

But the government always prefers the easy way out ..thus I said no they won't do it , the market will keep having small scale businesses but nothing the sort of an industrial revolution.
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P.S. Just want to share out of context that one of the AIDS drug is shown to reduce the recovery time of the Corona Virus disease and therefore we do have hope of this quarantine being over . let's see what governments will try and do after that.

At the country level, the complexity of the problem is higher, when the global supply chain is broken, the unemployment rate is high and domestic consumption is also weakening, the government's challenge is to create labor-intensive projects that can pump demand with the aim of returning the heartbeat of the economy. When Corona was conquered and the recovery corona design was made the government could print money to fund the labor-intensive project with the main requirement of 100% in the country, there were no imports of either labor or raw materials and the project had to be layered so that many sectors lived.

We agree that the micro small and medium business sector is the sector that absorbs the workforce the fastest, this is the sector that must be considered by the government.