Post
Topic
Board Economics
Re: Europe’s economy is moving faster than US economy - Covid-19 effect!!!
by
KrisAlex18
on 02/08/2020, 20:57:09 UTC
That was a pretty good news for the part of Europe. Their government really did a great job of having coordination with one another to make a quick response to be able to control the situation of handling the rate of infection in their place which now enables them to open up their business establishments after quite sometime of having lockdown. This was really a great result when two parties do coordinate with one another.

On the case of US, even though there are already cases reported, it seems like they have underestimated the outcome of having a rise on the inflation rate of the spread of virus which turns out to end up like this making them to be on top of the world having the most cases of covid-19. Also, it is a challenge for the government of US to manage its people for they do also have a big population and the people and government are not well coordinated for they have complains among sides which makes it a lot more difficult to control the situation on implementing health protocols to prevent the further spread of virus.

A big country like US having most number of cases is really expected to have a struggle on their economy because of what their situation is up into now. Good thing that Europe have responded fast on the cases they have making them be able to control the situation which leads them to faster recovery of the economy. Actually at this time, it doesn't matter how fast the economy of each country recover because the important thing is that they can be able to recover once the situation is under control. It doesn't matter on which goes first and last what matters the most is the sake of the people of each country more than anybody else.