Quote:
Originally Posted by Pierre
Of course, but it will still be a major %, I agree “staycations” across the board will help.
But regardless of mitigation and EU support, drop of 60-70% ( typical in all I’ve read) is significant.
That’s just plain wrong. Whether £ to lira, or £ to euro is irrelevant, a tourism/ holiday economy is just that regardless of the currency it is built on.
If the people aren’t there, the people aren’t there..........end of.
|
Just as people aren’t in football stadiums or theatres. Your post implies these countries rely upon money coming into their country from outside and that their internal economies are fatally flawed without it.
This is simply not the case.
Quote:
As much as a large % of the UK economy is built on finance and services, equally other parts of countries economies are built on tourism and come November we’ll see the impact.
Eliminating the virus is a pipe dream.
The impact of the virus has been over estimated, over measured and over hyped.
Time to get on with life.
|
Countries won’t advocate this because we know what happens - Italy in February, Spain and UK in March. To bury heads in the sand and wish away the virus isn’t viable.
We are at or near the limit of our lockdown easement strategy.
Even if the country eased all restrictions people simply wouldn’t behave as they did before. It’s neither a good strategy in health or economic terms.
---------- Post added at 07:37 ---------- Previous post was at 07:05 ----------
Quote:
Originally Posted by Sephiroth
... and it needs to be across the G20 world so that balance is re-established.
|
Needs to be everywhere otherwise countries will keep re-exporting and re-importing it.
But in economic terms any strategies need to be joined up. Some countries could try to exploit the position for short term economic gain jeopardising efforts across the board.