Global Economy

@marlina (154131)
Canada
July 2, 2020 11:32am CST
I am just wondering what is going to happen to the global economy if things don't start getting better SOON? A lot of people are living in a very difficult world right now because of the virus that seems to not want to go away. In my family, we are all okay so far and I hope it is the same for all of you here at MyLot,
24 people like this
26 responses
@kanuck1 (4434)
2 Jul 20
Life is going to get a lot more difficult for some people in the days ahead.
4 people like this
@marlina (154131)
• Canada
2 Jul 20
It sure looks that way, unfortunately,
2 people like this
@CinnamonGrl (7084)
• Santa Fe, New Mexico
2 Jul 20
My family and I are all staying well so far. I too hope it lasts. My daughter has to worry and I am helping her financially, as she is self employed and this is of course hurting her business.I am retired with although not huge income, it's steady income and I don't have to worry about working. My son and daughter in law work for the government and continue to work at home. My son already worked from home anyway. I worry about my daughter in law's parents catching the virus because they aren't being careful enough about social gatherings. They're senior citizens like me, and you have to be SO careful. I hope you and you loved ones stay well, too. I sure hope they start sending out more stimulus soon. My daughter and millions of others like her are having such a hard time.
3 people like this
@marlina (154131)
• Canada
2 Jul 20
Glad that your family is doing well, hoping that your daughter will be okay too, As for the in-laws not taking precaution, this is totally unacceptable to me,
2 people like this
• Santa Fe, New Mexico
2 Jul 20
@marlina I think they're crazy not to be more careful. My daughter in law is always worried about them. Her mom already had a stroke a couple of years ago.
2 people like this
@marlina (154131)
• Canada
2 Jul 20
@CinnamonGrl , , I don't understand why people act that way?
2 people like this
@zandi458 (28102)
• Malaysia
3 Jul 20
So far my family is still ok and hopefully we will all survive economically during this trying times.
2 people like this
@marlina (154131)
• Canada
3 Jul 20
Best of luck
1 person likes this
• United States
2 Jul 20
The thing we are worried about is food and whether it will start dwindling again in the future. Financially we will be okay, and we can easily go without things if necessary. I know that's not the same for everybody.
2 people like this
• United States
2 Jul 20
@marlina I know a few months ago there were new facebook groups cropping up made by farmers who wanted to connect people directly to the supply chain so that animals did not have to go to waste.
2 people like this
@marlina (154131)
• Canada
2 Jul 20
@ScribbledAdNauseum , I heard about cases like this too,
2 people like this
@marlina (154131)
• Canada
2 Jul 20
Oh yes, the food chain being disrupted, for sure, it is worrisome,
2 people like this
@moffittjc (121612)
• Gainesville, Florida
5 Jul 20
I've been worried for some time now about how this is all going to affect the world economy, and our own local economy. The recent jobs report that was just released here in the US did offer a small glimmer of hope, as millions of new jobs were added in June, a slow start to what I hope is a long recovery.
1 person likes this
@marlina (154131)
• Canada
6 Jul 20
I don't want to sound too pessimistic but it is not looking good, not at all,.
1 person likes this
@marlina (154131)
• Canada
7 Jul 20
@moffittjc , I am not the world's biggest optimist and to me it looks pretty grim
1 person likes this
@moffittjc (121612)
• Gainesville, Florida
7 Jul 20
@marlina I am the world's biggest optimist, and I will agree with you 100% that this is not looking good at all.
1 person likes this
@thelme55 (77080)
• Germany
2 Jul 20
My family is okay, too. I hope the virus will get away soon.
3 people like this
@marlina (154131)
• Canada
2 Jul 20
Glad that you are okay, yes, my wish too is for that virus to dissapear,
2 people like this
@marlina (154131)
• Canada
2 Jul 20
@thelme55 , Let's keep our fingers crossed that some extremely intelligent researchers will find a vaccine.
3 people like this
@thelme55 (77080)
• Germany
2 Jul 20
@marlina I wish that our wishes will come true.
2 people like this
@louievill (28851)
• Philippines
2 Jul 20
We are all still fine, I think being " still fine " gives us more time to stock up and prepare incase something more catastrophic falls upon us these coming months.
1 person likes this
@louievill (28851)
• Philippines
2 Jul 20
@marlina I go a bit further than essentials, I try to create a hedge with whatever I can spare that in my mind is inflation and recession proof like small amounts of precious metals, crypto currency and foreign currency whose value is higher than ours in case the world experiences a Venezuela type of financial crisis. Essentials is very important especially food because prices might double or triple. Good that you always have essentials I'm trying hard to double what we usually store so long as budget permits.
@marlina (154131)
• Canada
2 Jul 20
We make sure that we have the essentials here
1 person likes this
@simone10 (54187)
• Louisville, Kentucky
6 Jul 20
My brother and I are okay. I'm retired and he is still working.
1 person likes this
@marlina (154131)
• Canada
6 Jul 20
Glad that you both are okay,
1 person likes this
@marlina (154131)
• Canada
8 Jul 20
@simone10 Yes, he was lucky and I am glad for him and you
1 person likes this
@simone10 (54187)
• Louisville, Kentucky
8 Jul 20
@marlina Thank you! He was lucky that he was still able to work through the pandemic when a lot of people lost their jobs.
1 person likes this
@gr8nana6 (6614)
• Conyers, Georgia
3 Jul 20
Glad everyone in your family is ok, my family is ok too.I do hope this is over soon.
1 person likes this
@marlina (154131)
• Canada
3 Jul 20
It does not look like it is going to be over soon,
1 person likes this
@marlina (154131)
• Canada
3 Jul 20
@gr8nana6 I am over and above the whole thing,
1 person likes this
@gr8nana6 (6614)
• Conyers, Georgia
3 Jul 20
@marlina I know I am just so over all of this mess.
1 person likes this
@JESSY3236 (19941)
• United States
7 Jul 20
I'm ok. I hope the virus goes away soon.
1 person likes this
@marlina (154131)
• Canada
7 Jul 20
It is not going to go away soon as so many idiots are not listening,
1 person likes this
@birjudanak (14320)
• India
2 Jul 20
Currently we are OK but if remain for long then very problamtic situation comes and people will start robbery and crime.
1 person likes this
@marlina (154131)
• Canada
2 Jul 20
There is no way to predict how people will react if they have no access to food,
1 person likes this
@birjudanak (14320)
• India
3 Jul 20
@marlina No one is criminal but situation makes them to do it.
1 person likes this
@dgobucks226 (35621)
4 Jul 20
We definitely need to reopen businesses but practice strict social distancing and wear masks. Unfortunately, there are some who will not follow these simple guidelines endangering many others, spreading the virus, and delaying the process of reopening. This places a hardship on small business owners who need to return to work to survive.
1 person likes this
@marlina (154131)
• Canada
4 Jul 20
Very difficult situation ,
1 person likes this
@Janet357 (75646)
2 Jul 20
You are right. As far as my husband and I are concerned, we are okay as my husband works and we have no kids. But am worried of my mom because no hospital admits her because of her covid. I hate this year.
1 person likes this
@marlina (154131)
• Canada
2 Jul 20
So sorry about your Mom I think the whole world hates the year 2020
1 person likes this
@Janet357 (75646)
3 Jul 20
@marlina Yes. Needless to.say we also encounter problems outside covid.
1 person likes this
@marlina (154131)
• Canada
3 Jul 20
@Janet357 , Yes, covid is not the only problem,
@CarolDM (203422)
• Nashville, Tennessee
2 Jul 20
It is a huge worry. I try to keep my mind on nature. If not I would be crazy. Not good for many business owners either.
1 person likes this
@marlina (154131)
• Canada
2 Jul 20
WE have to keep our mind on something more pleasant for sure, otherwise, like you said "we would go crazy",
1 person likes this
@CarolDM (203422)
• Nashville, Tennessee
2 Jul 20
@marlina So true.
1 person likes this
@marlina (154131)
• Canada
2 Jul 20
@CarolDM Agree
1 person likes this
@crossbones27 (49491)
• Mojave, California
2 Jul 20
Is your country doing anything to help you? Our country, Trump administration pretty much said screw the virus,we do not care. Congress was talking about doing a 2nd stimulus package.I was like I did not get the first one and apparently neither did 35 million Americans.My brother was telling me they thinking of only doing it for businesses and not people because they are not working and they do not deserve any help. I think maybe they did not need to be elected to congress to to get their 1 to 2 hundred thousand dollar paycheck and all the free health care that everyday Americans will never see. What happened to this country? Its so sad. Over do mortgages are starting to be reported, oh this is when crap hits the fan, when people cannot pay for their place to live is how economy collapsed last time. Thank you government.
1 person likes this
@marlina (154131)
• Canada
2 Jul 20
It is sure a scary time for a lot of people
2 people like this
• China
3 Jul 20
Glad that your whole family are all right so far ! We are fine too.
1 person likes this
@marlina (154131)
• Canada
3 Jul 20
Good to hear from you again,
1 person likes this
@DianneN (247186)
• United States
2 Jul 20
We are some of the lucky ones. There are many out there that have lost their jobs and businesses and can't put food on the table or pay their bills.
1 person likes this
@marlina (154131)
• Canada
2 Jul 20
Yes, we are indeed, I feel really bad for the ones who through no fault of their own have to suffer so much,
1 person likes this
@LindaOHio (178869)
• United States
3 Jul 20
My husband and I are OK. There are a lot of people that are not OK and struggling.
1 person likes this
@marlina (154131)
• Canada
3 Jul 20
I know, it is really bad for some people,
1 person likes this
• Amravati, India
3 Jul 20
It's a tough time for the entire world.
1 person likes this
@marlina (154131)
• Canada
3 Jul 20
That is why it is such a crisis, it's because the whole world is kind of in the same situation so it makes it difficult to help another country,
1 person likes this
@dekawe (17)
3 Jul 20
I read many multinational companies has closed down. Many stores and fired many of their workers. The OECD has predicted that global economic growth is at a level of minus 6 per cent. I am very lucky to hang on in the hardest situation and we should always think about the future of our health too to survive.
1 person likes this
@marlina (154131)
• Canada
3 Jul 20
Yes, you are lucky