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?
I think it is going to stay until the end of the year no matter what people say. Even if we get the vaccine it's distribution to all parts of the world is still going to take a whole lot of time so it will definitely stay. But I think there won't be lockdowns anymore. People will now become much more habitual and they will now take this as any other normal disease. Also it has been proven that fatality rate is pretty low this has made people much more reluctant. Economically I think horrific would be the impact of the lockdown that we have already had. That would be pretty dangerous as we have already got a lot of problems like unemployment etc. to deal with.