how do we prepare for another scenario where markets get crushed and livelihoods/business get destroyed yet again. what if another virus outbreak occurs as we recover from this one 2-4 years from now? how are companies and people going to prepare for this now that we’ve dealt with COVID? any takeaways? will management and owners be more cautious and risk averse? will we see a shift forever in the way corporations are run after what’s going on now? thoughts?
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(1) I think people will begin to "live" more. Literally everything that people love (e.g. bars, restaurants, weddings, casinos, sports, concerts, honeymoons, vacations, travel, public parks) across the entire country got shut down within a few weeks. People will probably be more inclined to savor every moment of having fun while it lasts.
(2) Hopefully people will be humbled. Right now, Wal-Mart shelf stockers are more valuable to people's lives than professional athletes, musicians, movie stars, etc.
(3) I think people will buy more at grocery stores. Even when this corona nonsense is done with, people will probably not want to be at grocery stores surrounded by the panic-buying retards out there, so they'll probably stock up and maybe go once a month, just to be safe.
Good thing travel is drastically reduced, hence the chances for it to spread. Hopefully we don't have to rely on China to tell us this time.
We are fucked - I just give up on finance and the economy and go live in the middle of of Canada wihtout any human contact.
The second pandemic originated from the middle of Canada. You are now dead. :(
Yikes such will be my faith :(
The truth is that if another one hits, or we see the 2nd wave of COVID-19, we will start back a square one. Humanity has proven time and time again that we don't often learn from lessons of the past. There may be better medicine and testing methods a few years from now to deal with a pandemic, but we will be fucked as another user said. I doubt people will "savour" life more after COVID-19. Perhaps they will for a few months, but then we will return to our normal life and go back to taking many things from granted. Responses will be slow, healthcare systems will not be beefed up for another "potential" pandemic (which will likely occur 2-3 more times in our lifetime). The economy will collapse again and after the pandemic is over it will rebound leaving behind plenty of casualties. It'll be the same thing over and over.
I know this sounds very bleak, but it is based on continuous historical patterns. The main thing we can hope for is that whatever comes next will be weak. I read in another thread a user saying "if this is a dress rehearsal for when an Ebola-strength pandemic hits, we got an F" and this hit the nail on the head. As humans we have a tendency for forget very easily and quickly. Unless we can implement a global cultural shift to the current way of life and dealing with things, the outcome doesn't look great. When pandemics hit in the next 20 years, we will also have climate change to deal with, so we will be all sorts of fucked.
Looks like the only ones learning from history are some Asian countries that historically have been fucked over for centuries (Korea/Taiwan).
what if Godzilla comes out of MT doom???? don’t live your life in fear... life happens once you realize you can’t control the majority of it you will be happier.
Agreed. My point was just that, if another thing hits we're fucked. Let's just be happy before, during and after these crises hits. Or as happy as we can be.
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