Post
Topic
Board Economics
Re: COVID19 VACCINE AND ECONOMIC GROWTH?
by
teosanru
on 16/08/2020, 12:29:00 UTC
It is known worldwide that russia had been into the last phase of the trials of Covid19 Vaccine. It already coordinated with other countries to participate in the last phase of trial and that is the mass vaccination of the said Vaccine for covid19. Some countries like Philippines is wiling to cooperate and even buy the Vaccine.

As I have read some articles about creating a Vaccine would take the usual time frame needed before it will be created and declare as safe could take up to several years like 5-25 years. In this case the Vaccine was being made rush and it could harm people especially in the plan for mass vaccnation. I can't imagine the devastating effect of the vaccine if found out later the bad side effects on human body. Like the Dengvaxia issue wherein most people get injected without dengue history will complicate dengue illness. The dengue will become severe when one injected with dengcaxia for those who had not been into dengue sickness before. The sad thing is that the vaccine effect will take up to 5 years. So, five years of being stress not to get dengue and a life threating vaccine being injected to the body is something awful.

Now, Covid19 vaccine could also be the same as with dengvaxia. I am not questioning the scientist or the russia tech and people doing their research on creating the vaccine. yes they are good but this is not about how they do the reasearch but the effect itself that is not still known and again vaccine making will take years before it can be declared as safe vaccine for the people.

Now, if the trial of this vaccine will come to your place and ask you to get injected by the vaccine for free would you do it? or not?

If it could be proven effective what do you think about the economy of all country which will going to lead now in the economic growth?

Edited -
Atleast talking about the economic growth. I think world economically has pretty much recovered from Covid. If you see the stock markets of every country they are at levels at which they were during beginning of Covid even the retail markets atleast in my area were flooded post lockdown opened. But yes if vaccine is proven to be effective we can see a big bull run in the economy as due to infused liquidity by almost every government there has been a lot of boost in the economies around the world. Rest it's too speculative to predict anything correctly as of now.

Talking about the vaccine part, I think it's somewhat choosing between the worse and the worse. Reminds me of a saying that harder choice is the choice between worse and the worst.