Will Corona change the World Economy !!!

[waraich66]

GOP requested IMF for 30 USD billion USD relief package .similarly all other poor countries are requesting for Corona Emergency fund .

GOP has already given 1200 billion rs for relief to poor families and small and medium businesses .
Is it enough ??? I think no ..

World and Pakistan GDP growth may reduce to 1% or below.

Unfortunately ,All governments developed and poor were not ready for corona pandemic . The pandemic may continue for five years or more.

I think following emergency economic strategies can be beneficial.

1. Single World Economy under UNO
2. Single World Currency under UNO
3.International Government under UNO
4. International task force to defeat Corona under WHO Medical Officers
5. Corona world emergency fund under IMF and World Bank.
6. World Volunteer Force under UNO.
7 International Health and safety standards under UNO .
8. Suspend all debt payments of Poor countries .
9. Fund allocation to all countries basis of population .
10 . Interest free loan for small medium and large businesses.
11. Free health and safety training and courses in all Universities.
12. Single world one line university for free education.
13. International Food Bank under UNO.
14. Monitoring of Corona patients in all public places shall be mandatory.
15. Development of Online sales and business .
16. Long term work from home rules and regulations.




War against CORONA is long term war . It may continue for five years or more.

Vaccine cant be prepared within two years , also corona virus is changing it chemical structure and composition. it is impossible to develop a single vaccine .

Please share your thoughts

Thanks .

 

[fisher1]

Meh, Pakistan gdp has gone to crap since imandar took control and people survived. In fact, the imandar government was showing people how there's no poverty and mehengai and it's all media hysteria.

If people survived the vicious imandar government before corona, they can do it again. It is Allah that feeds us and despite the efforts of vicious leaders who want to starve us, people still get food to eat.

I wish the world stops giving us and poor countries loans and aid, it never reaches the poor but feeds the bellies of our leaders and make them even more powerful.

https://www.globalcitizen.org/en/content/uk-aid-worlds-most-corrupt-countries/

 

[AgNoStiC MuSliM]

Please be careful with your language, especially when criticizing political leaders.

I understand that politicians are public figures and open to ridicule, but remember that we have supporters of various political parties on this forum and if you abuse the leader of one political party, they’re going to abuse the leader of the political party you support.

Criticize performance, corruption, policies etc

Pakistan gdp has gone to crap since imandar took control

You can criticize IK for a lot of things, but I don’t see how disrespecting and taunting him for his honesty helps anyone.

Is this what we’ve been reduced to, that honesty in a political leader is something to ridicule and disparage? What message does that give to Pakistanis, especially the younger generation?

If you want to criticize IK over his policies, that’s fine, but honesty should be a trait that is praised, generally regardless of who exhibits it, but especially when found in political leadership, where it is a rare quality.

 

[fisher1]

Please be careful with your language, especially when criticizing political leaders.

I understand that politicians are public figures and open to ridicule, but remember that we have supporters of various political parties on this forum and if you abuse the leader of one political party, they’re going to abuse the leader of the political party you support.

Criticize performance, corruption, policies etc


You can criticize IK for a lot of things, but I don’t see how disrespecting and taunting him for his honesty helps anyone.

Is this what we’ve been reduced to, that honesty in a political leader is something to ridicule and disparage? What message does that give to Pakistanis, especially the younger generation?

If you want to criticize IK over his policies, that’s fine, but honesty should be a trait that is praised, generally regardless of who exhibits it, but especially when found in political leadership, where it is a rare quality.

@Syed1. is a liar. So is @Rusty. When i first joined this forum, these people lied and made me a supporter of previous parties just so they could silence my criticism on the supreme unquestionable leader instead of arguing with my points despite my public declaration several times that i never supported any party except PTI and voted for Imran Khan, a decision i regret.

I am giving this explanation because i don't know if you know this information.

As for rest of your comments, seems like you just want to establish some opinions as facts and then argue moving past those opinions. Imran Khan is a liar and dishonest and his honesty hasn't been proven or established but his lies are public knowledge. Establish his honesty first then complain why his honesty is being mocked.

 

[Rusty]

@syed1 is a liar. So is @Rusty. When i first joined this forum, these people lied and made me a supporter of previous parties just so they could silence my criticism on the supreme unquestionable leader instead of arguing with my points despite my public declaration several times that i never supported any party except PTI and voted for Imran Khan, a decision i regret.

I am giving this explanation because i don't know if you know this information.

As for rest of your comments, seems like you just want to establish some opinions as facts and then argue moving past those opinions. Imran Khan is a liar and dishonest and his honesty hasn't been proven or established but his lies are public knowledge. Establish his honesty first then complain why his honesty is being mocked.

10 years on PDF and this is by far the funniest comment I have ever read!!!

Thumbs up bro

 

[Yaseen1]

imf has reserves in usd and not inform of gold,so once usd collapses as it seems imf will lose control and power and will be replaced by new system,It greatly depends on whether rothschild want to end u.s dominance and switch to alternate setup for new world order and circumstances are showing that they are considering to destroy u.s economy

 

[ejaz007]

The global economy was shattered before the coronavirus
The coronavirus pandemic has exposed the existing cracks in the global economy: rampant consumption, a race to the bottom and growing inequality. Now is the time for radical change, says Kate Ferguson.







For some, it will be the moment the call ended. The white blur of the nurse's glove across the screen. The last thing to come between them and their loved one. Others will recall the long wait in the nursing home car park. The closest they could get.

The lucky ones will say: Remember when people wore masks to go grocery shopping? What year was that again? 2020? Yeah. Wow. Everything closed for months. I got so good at baking! Learned to play the piano, too. They were crazy times!

But we are not there yet. We are not yet reminiscing. There is still time to learn from this mess. We must seize the opportunity with all the strength we've got.

Economy in focus

Like most crises, this one too is about the economy. About the haves and the have-nots. The should-haves and the should-not-haves.

This week, the oil industry gifted us with a metaphor to illustrate the worthless abundance that characterizes the global economy. As producers of West Texas Intermediate ran out of storage space, they were left with no option but to pay others to take it off their hands. As a result, the price of the US benchmark plunged to below zero for the first time in history.

The barrels may have been overflowing but the people were getting poorer.

Meanwhile the grounded planes, shuttered factories and closed offices have enabled a far more precious commodity to emerge: time. Time at home. Time spent in nature. Time with your family. Time to cook. Time for art. Time to think.

More time for yourself?

In 1930, the British economist John Maynard Keynes predicted that technological advancement would lead to a dramatic reduction in labor time. He envisioned a 15-hour work week, with the surplus time devoted to intellectual advancement, leisure and the arts.

He could not have predicted that the trend would go toward fetishized productivity and obsessive consumption. That time would become the scarcest commodity of them all.


More and more superproductive industrial robots should actually enable us to reduce our working hours step by step. But it's just not happening

A population with little time and next-to-no job security is a gift to populists and a threat to democracy. It leads to mindlessness and fatigue and mobilization in all the wrong directions. It is what we have today.

Just look at the United States, where the president — as usual — has twisted and commodified the crisis for his own gain. Many lives have been lost as a result. Despite this, protesters gather in the streets to oppose measures that more sage governors have implemented to protect them.

In China, where the virus originated, doctor Li Wenliang who spoke out about it, was brutally silenced. Once the wind changed, he was exonerated but by then it was too late. He was already dead.

In Britain, Brazil and the Philippines, the arrogance and ignorance displayed by leaders has cost lives. In New Zealand, Germany and Taiwan, in contrast, humility has proven to be a life-saving force.

Something was rotten before

In much of the world, the labor market is now divided between those who are essential and those who are not. Many of those upon whom our survival depends are not paid accordingly. Care workers, cleaners, nurses, truck drivers, supermarket cashiers and fruit pickers continue their work as advertising executives, marketers, stockbrokers and football players stay at home.

All of this is indication that the global economy was sick long before the coronavirus struck. Thankfully, there are remedies available. Many of them begin at home. We can buy less and buy local so that the race toward the cheapest labor in the poorest conditions can finally come to an end.

We can enact laws that require essential workers to be paid no less than a country's median salary and ideally, considerably more.

We can refuse to accept leaders who sow hatred and spite and instead celebrate those who display compassion and sagaciousness. We can reclaim our time by demanding flexibility from our employers and by abandoning ladders that aren't worth climbing. We can stop worshipping wealth and start cherishing the arts instead.

We must acknowledge that the only bailout for the moral bankruptcy this crisis has exposed is a functioning democracy. We must be mindful that this requires informed, engaged citizens who have the time and the means to act locally on the basis of what they want to see globally. This is the only way to restore health to an economy whose ailments far predate the coronavirus.

https://www.dw.com/en/the-global-economy-was-shattered-before-the-coronavirus/a-53215088

 

[fisher1]

10 years on PDF and this is by far the funniest comment I have ever read!!!

Thumbs up bro

Don't know what this is. Whatever.

 

[Rusty]

Don't know what this is. Whatever.

When someone says something so ridiculous you just have to laugh and have fun with it.

I genuinely laughed really hard.

 

[fisher1]

When someone says something so ridiculous you just have to laugh and have fun with it.

I genuinely laughed really hard.

Glad my suffering brings laughter to some people. Have a nice day.

 

[AgNoStiC MuSliM]

As for rest of your comments, seems like you just want to establish some opinions as facts and then argue moving past those opinions. Imran Khan is a liar and dishonest and his honesty hasn't been proven or established but his lies are public knowledge. Establish his honesty first then complain why his honesty is being mocked.

What I said was that the word Imandar/honest should not be used as a negative or to ridicule someone. If you don’t think he’s honest then argue why he isn’t. I’m not stopping you from that.

With respect to proving he’s honest - that’s a logical fallacy, asking someone to prove a negative. His opponents/critics have to prove that he’s dishonest. That’s how things work - guilt needs to be established.