One article was made almost two weeks ago with some experts (in different areas) telling what they think the world will be after Corona outbreak, which will be basically the world in 2021 or 2022 after the vaccine:
https://foreignpolicy.com/2020/03/20/world-order-after-coroanvirus-pandemic/
Opinions about what the world is going to be are incredibly mixed.
In one side, there is hope that humanity will get better being with more solidarity with people thinking about the others.
In the other side, some people say about mass poverty, increase of inequality, and etc..
So, what are your opinions?
Or post any articles about it.
Both. It depends on who you are and what your perspective is.
The book I read able the great depression that I'm doing a video series exploring on YouTube upcoming,
It talked a lot about how the lower class poorest people would band together and support each other. Especially rural farm communities because everyone knew each other and there was a culture.
As you got higher into the economic states, the middle class, people who maybe had food most of the time but were poor, there was hostility. There were more in and out groups because there were different levels of income... So you could "fall further" so to speak. Those who were generous in those classes were often cast out of the community because they were perceived as a threat; inviting "poor, lazy" people into their community by giving them "hand outs".
On the highest brackets of income there were little perceived effects on the lifestyle on terms of having food to eat and even extra luxuries no one else had, but these people were so far removed from the lower classes that they were distressed by their lesser income and succumbed to a lot of drinking and escapism to cope.
The great depression is the closest example we have to a deep global economic crisis, even though our circumstances are uniquely different:
We essentially willingly allowed our economy to collapse.
Since some industry continues to run, we still have a skeleton. From what I'm understanding, and I'm no economist so don't put much weight behind this, the stimulus may allow for the economy to pick up.
But that's largely dependent on if people are allowed to leave and get back to work relatively soon.
Unemployment is higher now than it was during the great depression.
I'm not willing to speculate on the social aspects regarding the virus or what will happen with the virus or how long this will last...
That I don't think anybody really knows.
What we can speculate fairly reasonably, based on past economic events and simple logic,
A stimulus is just a band aid. Everybody knows that too, but people need hope. To keep the peace people need to think there is a plan. After 9/11 part of the reason it was so easy to go to war was that people wanted vindication. Decisions were made quickly and dogmatically. I see the same thing happening right now.
My focus is to try to increase my physical fitness, save as much money as I can, and get used to fasting. I don't know if poverty could ever get as bad as it was during the great depression, but how much you have currently will be reduced. I think that will happen to everyone. I am focusing on myself, my mental fortitude and physical health. This way I can endure whatever happens. I will persist, because I exist.