Post
Topic
Board Economics
Re: After 1 year of Covid 19 Virus
by
Gyfts
on 24/08/2021, 19:25:37 UTC
New variants keep appearing and this makes us have to be vigilant, always following health protocols is the best step, vaccination has not been effective in preventing the virus so WHO must immediately make an effective vaccine, I'm afraid the impact of a pandemic that is too long can create new problems, especially economic problems because at this time There are many companies that have gone bankrupt.

What are you talking about? It is not the responsibility of the WHO to create vaccines. Only the pharmaceutical companies such as Pfizer and AstraZeneca can do that. What the WHO can do is to make sure that effective vaccines reach all the counties, so that there is no severe shortage of the medication. Companies in certain sectors (hotels, aviation, tourism.etc) have gone bankrupt, and there is not much we can do about it. Full economic recovery will occur only when the pandemic is contained. And unfortunately, that is at least 6-7 months away.

I'd argue not locking down indefinitely would help out the hospitality and airline industries, but that'd be asking too much for the folks all over the world that are locking up millions of people over something like one or two Covid deaths a day. Seems the strategy for fighting the delta variant was to use the same strategies that didn't work earlier.

The pandemic is already contained for the vast majority of first world nations. As long as there is a working vaccine, there isn't a valid reason to close up businesses. I can promise you there'll be another variant in 6 months that will cause the same amount of "despair", aka a mild cold for those vaccinated.