It's almost 6 months since the coronavirus took its toll on every aspect of human lives. it has been accompanied by widescale job loss, a rise in the unemployment rate, a reduced standard of living, and intense hardship. From the economic perspective, what will be the fate of the global economic situation and normal day to day business if this pandemic doesn't go away by the end of this year?
Unfortuanelty the chances of corona still being around next year are not so small. COVID 19 infected the hole world with million of cases everywhere. There is not one circle of corona around the world, but different states in different countries. Like NZ already being corona free or European countries already containing the virus and reopening the country. But in South America or India for example the numbers are still rising.
Once international travels become normal again a potential spread of corona could happen very fast again. Especially if there will be new variants of covid, smiliar to the flu.