How will covid-19 change travel?

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The Economist

The Economist

Күн бұрын

Пікірлер: 518
@ElibelDublin
@ElibelDublin 3 жыл бұрын
What about tax? i’ve heard that some companies are recalling staff for this reason.
@TheEconomist
@TheEconomist 3 жыл бұрын
That's a very good point. In fact, we are currently working on a "future of work" film, which closely examines the tax implications of working from another country. Please subscribe and enable notifications to be alerted when this is published.
@fredgalaxy7632
@fredgalaxy7632 3 жыл бұрын
If they are closed, companies don't need to pay tax. They can also claim government grants to cover costs. If there is no business, companies can't pay employees. Or will need to lower salaries, which will reduce tax they pay.
@ElibelDublin
@ElibelDublin 3 жыл бұрын
I’m talking about office jobs that can be done remotely. Dublin is full of multinational tech and finance companies. That’s the kind of job I mean. I myself have been working from home for almost a year now, if I chose to go abroad for an extended period, I know I would run into tax issues after a certain amount of time.
@lucieciepka1031
@lucieciepka1031 3 жыл бұрын
I guess that for now, as long as you are renting something, you will always pay a city tax. Maybe it will be people like you paying their taxes twice in two places that will pick up the economy and compensate for the tax evasion of others.
@ElibelDublin
@ElibelDublin 3 жыл бұрын
@@lucieciepka1031 I’m talking about residency for income tax purposes. If I normally work in an office, bar the occasional work trip or holiday, I will be in that country for most of the fiscal year and therefore pay my tax there. If I decide to work remotely from elsewhere and end up staying in a different country for an extended period (more than 182 days), then it becomes a problem in terms of where do I pay my tax (and how does my employer manage this?) That is why some companies are starting to ask their employees who have gone abroad (or back to their home country) to return. Of course, the self employed and freelancers have to resolve the issue on their own, so the situation is slightly different, but still something to be considered.
@Najsel
@Najsel 3 жыл бұрын
To be honest. This luxury that the first girl has doesn't apply for all types of jobs. It feels like some people think that the society could function relying on just IT, Designers, journalists and influencers.
@KRYMauL
@KRYMauL 3 жыл бұрын
Most sales jobs can be done online, and cold calling/ call center jobs can all be done remotely as well.
@Alz46
@Alz46 3 жыл бұрын
As more jobs become remote so does the possibility of outsourcing. What looks like a luxury may soon turn out to be a curse for some sectors.
@KRYMauL
@KRYMauL 3 жыл бұрын
@@Alz46 Do you want Capitalism or not because Capitalism promotes the guys who can sell for the cheapest. Perhaps governments should start calling for domestically or trade union made goods.
@ListogreOfficial
@ListogreOfficial 3 жыл бұрын
Almost all tertiary sector jobs can be done remotely (as proven by the pandemic). If your job involves you spending most of your time in meetings and in front of a laptop, you can work from literally anywhere. Only manual labor jobs still need workers in person and even that has been changing for the past 10 years with the rapid rise of automation.
@KRYMauL
@KRYMauL 3 жыл бұрын
@@ListogreOfficial Construction jobs are moving toward modular factory built homes because they're cheaper and trucking jobs are running into a labor shortage.
@kenwarner9446
@kenwarner9446 3 жыл бұрын
The Econoist should do a video on the winners and loosers of lockdown.
@gw7120
@gw7120 3 жыл бұрын
Technology (Social Media, zoom) , Medical(Biotech) and delivery services (Amazon) clear winners.
@danielmartinezdowsett4776
@danielmartinezdowsett4776 3 жыл бұрын
Winners e-commerce (Amazon) and streaming platforms (Netflix). Losers: Everyone else
@501stBattalion
@501stBattalion 3 жыл бұрын
Winners: Any big company Losers: Small businesses and anyone not rich.
@skipper1206
@skipper1206 3 жыл бұрын
They’re owned by the winners (Rothschilds) so they won’t be publishing that any time soon
@petehill8885
@petehill8885 3 жыл бұрын
*economist
@gw7120
@gw7120 3 жыл бұрын
Travel has not stopped for the rich , just watch instagram , stars all over the world , like nothing is wrong.
@alinan4320
@alinan4320 3 жыл бұрын
Amen
@nedfromthehill3475
@nedfromthehill3475 3 жыл бұрын
That's the point. There is nothing wrong. There is no virus. It's a weapon to try push for the great reset.
@laszlopentek3670
@laszlopentek3670 3 жыл бұрын
Reset ? If reset, then reset... your own mind.
@freezinganimenz7835
@freezinganimenz7835 3 жыл бұрын
@@nedfromthehill3475 what is the great reset
@A5tr0101
@A5tr0101 3 жыл бұрын
@@freezinganimenz7835 Its a world economic forum plan, do yourself a favor and just google it??
@maninashed9367
@maninashed9367 3 жыл бұрын
It's becoming a world for the rich and one for the rest
@tcarter712
@tcarter712 3 жыл бұрын
It always has been
@markcranston3145
@markcranston3145 3 жыл бұрын
@@jonathanbrown4237 This is where this is heading.
@andymat7359
@andymat7359 3 жыл бұрын
People of likeminds must join.
@A5tr0101
@A5tr0101 3 жыл бұрын
Talking like you have 0 opportunity which isn't true
@redpillnibbler4423
@redpillnibbler4423 3 жыл бұрын
You can thank the mask wearers for that.
@filipepedro8272
@filipepedro8272 3 жыл бұрын
Working class can't even walk out to the nearest coffee shop
@Treysorable
@Treysorable 3 жыл бұрын
fact.
@rnd322
@rnd322 3 жыл бұрын
“Many people in the rich world are wondering when they will be able to go on their next foreign holiday” Uhmmmm, overseas travel isn’t ONLY exclusive to the “rich world”. Travelling has already been widely democratised whether you’re coming from a developed or developing country.
@brendanriordan3841
@brendanriordan3841 3 жыл бұрын
Switched my location from Dublin to Brazil due to the pandemic, I certainly do not regret it, the sun is a precious resource!
@gu3sswh075
@gu3sswh075 3 жыл бұрын
How are the restrictions there? I looked at data from every single except Brazil. I can’t find information on Brazil!
@joncooke158
@joncooke158 3 жыл бұрын
I'll accept working holidays if more fields accept 20-30 hour work weeks
@thewolfofswingthat2035
@thewolfofswingthat2035 3 жыл бұрын
they will just give u more than 30 hours worth of work and ask u to finish in 30 hours. happened to me
@oropendola01
@oropendola01 3 жыл бұрын
"Amsterdam putting a ban on non-residents buying cannabis" Well that's one of the last things I want out of this
@Geoduck.
@Geoduck. 3 жыл бұрын
Come to Washington State we welcome you to visit and buy cannabis.
@creativemindplay
@creativemindplay 3 жыл бұрын
Loser
@chriso8485
@chriso8485 3 жыл бұрын
Do these politicians hate their economies? The health/climate/covid brigade are clearly on the left side of politics, putting the ability to make money last.
@luddity
@luddity 3 жыл бұрын
Great way to destroy their tourism industry.
@ZapR21
@ZapR21 3 жыл бұрын
*We have to fight for our freedom!*
@tanweiming77
@tanweiming77 3 жыл бұрын
I miss travelling
@tanweiming77
@tanweiming77 3 жыл бұрын
@M E Malaysia
@luddity
@luddity 3 жыл бұрын
Me too. Canadians are trapped, unless you're rich enough and have enough time to go thru 2 weeks of quarantine at their expensive holding facility. Or you're a politician. They seem to be able to still travel freely.
@tanweiming77
@tanweiming77 3 жыл бұрын
@@luddity I understand. My family members are out of job, have to use my savings to help them thru. For the rich, it's a heaven time to go places :(
@0riginallegend
@0riginallegend 3 жыл бұрын
‘Let’s all work remotely’ - I can’t wait for these IT / Social influencers and Consultants to wake up and live in the real world!
@linapesz313
@linapesz313 3 жыл бұрын
It is a real world to them...it is you who is not able to do it...
@0riginallegend
@0riginallegend 3 жыл бұрын
@@linapesz313 whatever Trevor!
@Strawlighte
@Strawlighte 3 жыл бұрын
I would love to see a report on the way rich people are handling the pandemic… I feel like so many millionaires completely avoid personal responsibility for spreading Covid or for the environmental impact of their actions
@NotSure1313
@NotSure1313 3 жыл бұрын
No to forced or coerced vaccines/tests/passports.
@npcknuckles5887
@npcknuckles5887 3 жыл бұрын
No to tyranny in general tbh.
@QuestionEverythingButWHY
@QuestionEverythingButWHY 3 жыл бұрын
“It is not the strongest or the most intelligent who will survive but those who can best manage change.” ― Leon C. Megginson
@amilton1015
@amilton1015 3 жыл бұрын
I agree 100%. Survive is almost nothing.
@puravida5683
@puravida5683 3 жыл бұрын
I believe that is Charles Darwin.
@Xryujfdjd
@Xryujfdjd 3 жыл бұрын
@@puravida5683 yep..I don’t know who that Leon C Megginson
@npcknuckles5887
@npcknuckles5887 3 жыл бұрын
The churn.
@fredgalaxy7632
@fredgalaxy7632 3 жыл бұрын
We are being pushed to new and unfamiliar territories. Adaptation and changing in accordance looks like it will be key to make a living in this reset nrw world! Scary times ahead!
@michaelalexanderjob
@michaelalexanderjob 3 жыл бұрын
The working holiday is not a legitimate concept - holiday and work are oxymoronic. If one works remotely in another country, surely they have moved to live there. They are still required to work so it is not a holiday.
@jazlou
@jazlou 3 жыл бұрын
That's what I believe... whenever I mention wanting to work abroad everyone always says "so you want an extended holiday" when what I am seeking is to just live and work abroad meanwhile having the same level of leisure as I do now, just perhaps things for akin to the culture in which I am living in. Personally, I don't really believe in "holidays" if that makes sense... I believe in extended periods of travel and rest days (or even weeks if you can afford it) but not really under the term of "holiday"... does holiday mean travelling?? or does it mean taking some time off work?? I can take time off work yet still be doing chores and working on projects 9-5... is that sill a holiday? Such as being a student... you may not be at school 52 weeks a year but there is still generally a constant workflow yet you are considered to be "on holiday". Or if you are backpacking Europe... is that a holiday? yes, you have travelled away from your norm, but hardly sleeping, perhaps working at your hostel... i just find it to be very unclear but idk if that is just me
@matiasortiz6768
@matiasortiz6768 3 жыл бұрын
@@jazlou I think completely the same as you do bro
@gu3sswh075
@gu3sswh075 3 жыл бұрын
It’s travel, not a vacation. That’s where you’re wrong..
@markbutcher4100
@markbutcher4100 3 жыл бұрын
Has the world changed so much since I was young? Work required commitment, attention and concentration a holiday was what you did to recharge.
@sunshineandrain5808
@sunshineandrain5808 3 жыл бұрын
Yes. Yes it has
@UnorthodoxlyEsthetic
@UnorthodoxlyEsthetic 3 жыл бұрын
youre a sheep
@brentshuffler1234
@brentshuffler1234 3 жыл бұрын
Key points: [1] The overall decline in airline travel is temporary and directly related to policies of Governments that aimed to minimise the transmission of the COVID-19. Nevertheless, even a decline of 2/3 still means that 1 billion passenger-flights happened last year. [2] Closures of borders are temporary (like an emergency or a natural disaster). [3] Every country depends on travel, on trade, and/or some level of tourism for its economy to function and to prosper. [4] We just have to seize the opportunities to make travel even safer for everyone. It is already happening: e.g., cruises have resumed in several countries even though they were banned for the past year in the U.S.A. and Canada.
@littlebootsxxiv6871
@littlebootsxxiv6871 3 жыл бұрын
I thought this was a disappointing video. Yes, digital nomads are a growing phenomenon, but as they settle for a number of months in the same place, their impact on the travel industry is limited. Many of the vlogs I've seen suggest that they are often living on pretty tight budgets, so their contribution to the economy of the country they stay in is minimal (especially if they're not paying local income tax on their earnings). There are countries such as Thailand with 20% of GDP coming from pre-covid tourism. How are these countries coping? What is the prospect that they will be able to attract tourists back while protecting their populations from imported virus outbreaks? Countries will be looking to get the high spenders back in as quickly as possible, after business people who invest in their economies. High net worth individuals (from anywhere in the world, not exclusively the West) will be the ones that countries target first; backpackers who spend a few dollars a day will be way down on the priority list. Mass tourism will return, but governments will have to consider the health risks compared to the economic gains. This also touches on my final point. Countries want tourists to come and spend money. It helps the economies and can assist the balance of payments. The suggestion that tourism should do more to help local communities is misplaced. It is up to the governments (local and national) to ensure that the money tourism brings in is channelled to local projects. It also ignores the tourist industry corporate social responsibility schemes that do work with charities and NGOs. I could go on, but I'll just repeat that I thought this was a poor and superficial video, not up to the usual Economist standard.
@chrismckellar9350
@chrismckellar9350 3 жыл бұрын
The way things are going, mass tourism as seen prior to this global health pandemic will not return, as countries will introduce either quarantine free 'travel bubbles' with other like mind countries and/or introduce 'no vaccine/no enter' boarder policies for non citizens. The biggest threat to to global air travel and tourism is the side effects of a warming planet like climate change, future global heath pandemics, global finance and geopolitical uncertainties, etc.
@littlebootsxxiv6871
@littlebootsxxiv6871 3 жыл бұрын
Yes, I agree although I think the timeframes are slightly different. Dealing with Covid will take two to three years with an ongoing legacy effect. Climate change will be longer term with the pressures ramping up over the next ten years or so. Both will have long term implications for travel and will shape the world we live in (in part) because of these implications. On the topic of mass tourism, I think it will return as countries look to exploit demand and syphon precious foreign exchange earnings; but it is likely to be more selective with travel bubbles/corridors, probably with a regional bias and higher fiscal barriers.
@chrismckellar9350
@chrismckellar9350 3 жыл бұрын
@@littlebootsxxiv6871 - Travel bubbles/green vaccinated zones, etc is the way to reduce the spread of the SARS-cov-2 ]virus but for other viral and/or bacterial pathogens that will be come a by produce of a warming planet.
@chriso8485
@chriso8485 3 жыл бұрын
Surely the market cannot continue without the money of the working man and woman. Destinations will find a way to get people to their hotels and resorts.
@richardc861
@richardc861 3 жыл бұрын
Yip healthy markets need consumer spending. Just hope consumers have enough money in their pockets to spend moving forward. Covid pandemic was a real scare and folk might be more cautious about how and where they spend what money they have.
@TL-mc7cd
@TL-mc7cd 3 жыл бұрын
I’ve literally been called a conspiracy theorist for telling my friends about this COVID travel passport since last March and now it’s being openly admitted!?😂😂
@alaskangirl7475
@alaskangirl7475 3 жыл бұрын
One of many conspiracies that have been proven true and yet ignorance must continue to be put in the spotlight whenever possible...wakey, wakey!
@michellecummings185
@michellecummings185 3 жыл бұрын
Don't mind them, whenever they hear something they don't like they say its a "conspiracy".
@HananiYah-Shad
@HananiYah-Shad 3 жыл бұрын
Whenever they hear something that is TRUTH they scream conspiracy
@s100flo3
@s100flo3 3 жыл бұрын
It’s easier for people to label something then to try and understand. Dots are easily connectable, just use your brain, think and analyze.
@redpillnibbler4423
@redpillnibbler4423 3 жыл бұрын
Anyone with a small amount of intelligence could see it was always the plan to introduce jab passports. It’s beyond belief that people STILL believe the government/mainstream narrative.
@nuggets0717
@nuggets0717 3 жыл бұрын
While I can understand the disproportionate impact of requiring vaccines for international travel, I honestly think it’s necessary to minimize risk of exposure for all travelers...
@Gencturk92
@Gencturk92 3 жыл бұрын
travel isn't going to be the same anymore with all this vaccine and passports etc
@stephencapel5630
@stephencapel5630 3 жыл бұрын
Why is it everytime I try to find out how the travel industry will change, I instead get a focus on French laptop toting yuppies. I set my egg timer once "increase in remote working" was mentioned for one minute before I heard "le naturre" and wasn't disappointed.
@GarthVonMaraner
@GarthVonMaraner 3 жыл бұрын
I expect when the pandemic is kind of manageable, there would be a big demand on travel that tickets will become expensive and hard to book. Airlines can't jump back quickly to supply that demand after cutting their workforce.
@nfvjgrofgjvoldlkgvlo
@nfvjgrofgjvoldlkgvlo 3 жыл бұрын
the pandemic will never be manageable because its not about the virus its about control
@mazensleiman3863
@mazensleiman3863 3 жыл бұрын
one of the key issues of working abroad is corporate taxes. A lot of my friends had to go back to their resident country because their companies asked them to
@BramskiVlogs
@BramskiVlogs 3 жыл бұрын
I'd love to see a video focused on how the skiing industry has fared during the last year and what its outlook is moving forward? There's so much uncertainty next season for so many reasons, would to hear your expertise. Great video guys.
@jaomwtoptd
@jaomwtoptd 3 жыл бұрын
I have just returned to England because I was in Europe and therefore had to leave. I have been travelling on my old age pension for the last three years staying in dormitories in hostels. In Nepal, Colombia, Ecuador, Brazil, Uruguay, Argentina, Bolivia, Peru, Mexico, Spain, Portugal and Germany. Prior to this I lived in Asia for 14 years on less than £300 p.m. My life is travel but now I've been forced to live in England again for the first time in 17 years. I want to resume my life. When?
@ZliBokser
@ZliBokser 3 жыл бұрын
@The Economist - Serbia is listed to be vaccine covered in late 2022, when in fact its the second in Europe by number of administered shots per million people. And will probably be first in a few months
@thomasmuller6949
@thomasmuller6949 3 жыл бұрын
I invested in both stock and crypto but currently I believe crypto is doing more better
@johnanthony8411
@johnanthony8411 3 жыл бұрын
Crypto is new gold
@tommarcos7010
@tommarcos7010 3 жыл бұрын
I think it’s a valid argument that the market is doing exceedingly well too for this week a relative to it’s past
@lucasparker6464
@lucasparker6464 3 жыл бұрын
Crypto is the future
@emilialucious4068
@emilialucious4068 3 жыл бұрын
Wow did I just hear someone mentioned Mr francis Smith name?
@jamesandrew724
@jamesandrew724 3 жыл бұрын
My investment with him gave me earnings of over 6 BTC and since then he has never failed to deliver and I can even say that he is the most sincere broker I have ever met.
@puravida5683
@puravida5683 3 жыл бұрын
How quaint! You still think you have freedoms and the power of making independent decisions!
@dannyhughes4889
@dannyhughes4889 3 жыл бұрын
In a Video I saw on my flight some months ago from Australia to Qatar [and on to Istanbul and beyond] the CEO of Qatar Air expects much much higher ticket prices, much reduced demand and a long return to some sort of normalcy period.
@nsgarden6351
@nsgarden6351 3 жыл бұрын
Wrong map :) In Serbia more than 1 million has already been vaccinated and till the end of April all adult population will be vaccinated.
@npcknuckles5887
@npcknuckles5887 3 жыл бұрын
Won't ever get "all". Not even if it was imposed at gunpoint.
@obsolise8063
@obsolise8063 3 жыл бұрын
Think I’d rather be shot with a bullet…
@JonCarlos91
@JonCarlos91 3 жыл бұрын
You must be proud
@Azknowledgethirsty
@Azknowledgethirsty 3 жыл бұрын
@@npcknuckles5887 I think they meant all the necessary population, only a 70% is needed, so by all they mean 70% since it's the completion rate
@BucketListTravellers
@BucketListTravellers 3 жыл бұрын
I had never considered that business travel had been subsidising leisure travel, but that makes sense.
@peterchristo196
@peterchristo196 3 жыл бұрын
Did anyone hear that the £1,750 hotel quarantine bill keeps being added to your bill if you or any family member tests positive while you are in the quarantine hotel! The bill can be endless! Watch out!
@LynnJepson
@LynnJepson 3 жыл бұрын
And they can say anything about you regarding the "tests". Also the big scary virus is so bad you have to be tested to see if you even have it.
@danushank
@danushank 3 жыл бұрын
7.07 Sri Lanka is listed as a poorer country and vaccine access to be in early 2022? You might have to review that again as Sri Lanka has begun the vaccination drive in January and I am one of the hundreds of thousands of the population to get the jab.
@veronicasanacion
@veronicasanacion 3 жыл бұрын
I´m glad to see I see that millions of humans have an opinion on what´s going on in the world and locally. I guess it´s time to look at alternatives as citizens, hoping that one day governments and big companies will listen and act upon prioritazing the needs of the majority.
@nianirvana
@nianirvana 3 жыл бұрын
On the plus side, since i've been too nervous to travel, i've taken the time to explore my country, Jamaica, and was surprised at all the gems i found! Sometimes when you live somewhere for long (even if it is considered a tourist destination), you take it for granted. Sometimes exactly what you need is close by. (Not all the time, I know....but I implore everyone to try to venture out locally and make the best of this). Stay Safe everyone! :)
@chrismckellar9350
@chrismckellar9350 3 жыл бұрын
I agree with you.
@neelimatravel
@neelimatravel 3 жыл бұрын
This whole thing of living together during pandemic will not last long. People will get fed up of family structure too. Wait and watch traveling is a beautiful freedom and it cannot be curbed too long!!!!
@thegreatconvidscamdemic3939
@thegreatconvidscamdemic3939 3 жыл бұрын
All part of the plan from the start.
@redpillnibbler4423
@redpillnibbler4423 3 жыл бұрын
Indeed,the agenda is more or less going to plan.
@TheGeographyBible
@TheGeographyBible 3 жыл бұрын
The sad reality is that rich countries like the UK and USA, can achieve herd immunity this year, whereas countries acorss Asia will be nowhere near, so I can't see normal travel returning until summer 2022.
@grandbaycentral5741
@grandbaycentral5741 3 жыл бұрын
The cruise industry is going to have a hard time. 👏
@LynnJepson
@LynnJepson 3 жыл бұрын
All part of the Green New Deal.
@learningwisdom5161
@learningwisdom5161 3 жыл бұрын
The world just isn’t very fun anymore when it comes to holiday and overseas travel at the moment. Hopefully things improve so things get back to pre-Covid-19 reality ASAP.
@annat3818
@annat3818 3 жыл бұрын
stop dreaming
@andymat7359
@andymat7359 3 жыл бұрын
They're not going to go back on their thousand year plan ever.
@abcminime
@abcminime 3 жыл бұрын
Its not fun anymore in general. Not even concerts and mass gathering. Theatre show. Cinemas. Its just everyone seperated with covered faces
@learningwisdom5161
@learningwisdom5161 3 жыл бұрын
I know that a lot of people are correctly skeptical but I do think things will return to normal faster than most think. Every man and his dog believes that this current covid-19 reality is here to stay and that this is the 'new normal', forever. When that level of strong belief happens, I start to think in a more contrarian manner. Even if a person has high status and wealth etc, this is a pretty boring reality, even for them. Who wants a world where it is so difficult to travel and spread your 'influence'? A world where 33% of all 300 million dollar planes in existence are just sitting around collecting dust. A world where there are very limited social gatherings or parties etc and lock-downs occurring at a moments notice forever and ever. No, I don't buy it. I have more confidence than that in the world. I think that already there are big signs of improvement with the vaccine and a number of rapid testing methods have been developed that will no doubt be deployed in Airports. I would guess that there would be a two tiered approach to international travel. First, in each country the most at risk people would be vaccinated by October 2021. However, as the year progresses it's likely that there will be a reduction in cases and more confidence in the economy. I'll guess that if a person wants to travel internationally and they have a vaccine certificate, they will be able to swiftly pass through customs. If they don't have a vaccine certificate then you would be considered to be traveling at your own risk where if you test positive for covid at the airport, then you have to spend 14 days mandatory hotel quarantine (Probably 5days by then) or do 'stay at home quarantine' for 14 days or something like that. But you wouldn't be prevented from traveling. So then there is incentive to take the vaccine before you travel. Then by 2022, I'll guess that something will happen and maybe enough people around the world would have had the vaccine to render covid not as much of a threat and then everyone will be able to travel just like they did in 2019. Maybe this is a pie in the sky way of thinking and I'm wrong but I do feel pretty optimistic at the moment. Central banks around the world are stating that they are feeling increasingly confident about the economic recovery and they are projecting a much better second half of 2021. Big investment banks etc are predicting the same thing based on less need for lock-downs and restrictions due to the rollout of vaccines. Domestic travel should start to boom first and then a staggered decrease in restrictions for international travel.
@sosomalick9417
@sosomalick9417 3 жыл бұрын
@@annat3818 think positive
@gilesdunk7416
@gilesdunk7416 3 жыл бұрын
Business travel is pointless now that we have the technology to hold meetings over zoom. These trips are just a jolly up for the people who go on them. It is also imperative that we reduce air travel as climate change will make equally disruptive events more likely.
@chriso8485
@chriso8485 3 жыл бұрын
But as a sociable human being I want to meet people and make an impression. Scenario. Two business people. One deals only with Zoom. The other only does face to face, is very charming, is very professional, takes clients to dinner, shows them round the business, uses IT sparingly but effectively when it has potential maximum impact to close a deal. They make their clients them feel valued after a very hard year. Who wins the business?
@cliffm6566
@cliffm6566 3 жыл бұрын
The new travel rules: if you’re rich and like “sustainable” tourism we want you. If you’re just a working Joe looking for a fun week on a beach we don’t want you😂
@CliveStephensonCoUkDesigner
@CliveStephensonCoUkDesigner 3 жыл бұрын
Fine, lets see how easily they fill up 1200 flights a day from the UK with a handful of wealthy passengers. they will be filing for chapter 11 within two months.
@stuartdunn4121
@stuartdunn4121 3 жыл бұрын
Say goodbye to American worker and hello to cheaper remote laborers
@matyiasclock
@matyiasclock 3 жыл бұрын
How can a trip benefit the local community. I’m an optimist but surely this Industry is finished. It is a separate entity to all the environmental problems we face.
@Telluwide
@Telluwide 3 жыл бұрын
They should lower the prices for Business Class and raise the prices for Economy Class to an equilibrium for profitability....
@robertc2770
@robertc2770 3 жыл бұрын
Be less agreeable = get more money for your work (proven). Do not comply = get more freedom from your government (try it and you’ll see)
@legspasm
@legspasm 3 жыл бұрын
Vaccine passports so much for them saying itll never happen
@redpillnibbler4423
@redpillnibbler4423 3 жыл бұрын
It was always the plan.
@12235117657598502586
@12235117657598502586 3 жыл бұрын
If they think package holidays can be restricted...Then think again, there’s far too much money to be made (just ask Ryan Air) 🙄
@redpillnibbler4423
@redpillnibbler4423 3 жыл бұрын
Time to step into reality,pre 2020 freedoms are GONE.
@angrybrit7331
@angrybrit7331 3 жыл бұрын
I think you in for a shock
@williamwallace5220
@williamwallace5220 3 жыл бұрын
Can forex trade Help Overcome Economic Crisis?
@RobertHDave-bg6qq
@RobertHDave-bg6qq 3 жыл бұрын
Stock is the oldest online market we have done in the past years, we employ it because of the highest quality of services it renders and how successful it is. Today we say cryptocurrency too, I'm just saying people who should develop the habit of investing, really helpful in life.
@marcoantonioperalta7571
@marcoantonioperalta7571 3 жыл бұрын
I have been making a lot through forex trading which has been the main source of my income
@marcoantonioperalta7571
@marcoantonioperalta7571 3 жыл бұрын
@Jonathan Cruse Actually an expert broker handles my forex investments while I invest in some real estate with the profit I make
@jenniferlopez2841
@jenniferlopez2841 3 жыл бұрын
@@marcoantonioperalta7571 Does she do free consultation? Link me also. I've been wanting to start forex trading
@marcoantonioperalta7571
@marcoantonioperalta7571 3 жыл бұрын
She's an expert when it comes to trading forex she made over $12k with my $2k start up capital
@asia-focus
@asia-focus 3 жыл бұрын
Apart from the awkward time zones, Millennials will fully embrace WFAbroad as a much better option than WFH. The office is so last century.
@ABC-ABC1234
@ABC-ABC1234 3 жыл бұрын
You're correct!!! I am tired to work from the office or even from home!!!! I would like to decide to work from abroad! Sadly, it requires companies to actually change the way they view this concept...
@asia-focus
@asia-focus 3 жыл бұрын
then change the company itself @@ABC-ABC1234 or change who you work for
@ABC-ABC1234
@ABC-ABC1234 3 жыл бұрын
@@asia-focus Far easier said than done. Currently there aren't that many companies out there where they employ a "Work from Abroad" policy....
@jonathansmith7400
@jonathansmith7400 3 жыл бұрын
So this is just an advert for the covid passport. lol
@andrewturner2354
@andrewturner2354 3 жыл бұрын
Show me your paperz
@collinsoju9192
@collinsoju9192 3 жыл бұрын
The 'intelligent' will argue it isn't. People will believe the lie to be truth if the lie is punctuated with a lot of details and made ambiguous enough for them. It's funny lol
@pakistanitraveller475
@pakistanitraveller475 3 жыл бұрын
Can’t wait until everything goes back to normal 🙏
@tyroneburris8981
@tyroneburris8981 3 жыл бұрын
Normal? Klaus Schwab and Jerome H. Powell informed us that we are not going back to the old way of living (normal). Where have you been?
@DesertVox
@DesertVox 3 жыл бұрын
The criminals won't let things go back to normal. Go read what byoterrst Bully Gates said, on behalf of his gang.
@ZapR21
@ZapR21 3 жыл бұрын
My friend, this is the New Normal! Wake up!
@obsolise8063
@obsolise8063 3 жыл бұрын
Oh dear…
@ThePharaohsCat
@ThePharaohsCat 3 жыл бұрын
The "rich world"? What's that? So there's a poor world?
@mauritube6416
@mauritube6416 3 жыл бұрын
Our hotel is suffering.
@zendragallhauser5056
@zendragallhauser5056 3 жыл бұрын
Just as Ted Cruz about traveling during a crisis 😎
@FerKzrs
@FerKzrs 3 жыл бұрын
I don't blame him. We don't have many restrictions in Mexico for international arrivals anyway. 😄 Wearing a face mask is the only one I can think of.
@npcknuckles5887
@npcknuckles5887 3 жыл бұрын
Who cares? Nobody.
@zendragallhauser5056
@zendragallhauser5056 3 жыл бұрын
@@npcknuckles5887 you just took a joke way too serious 🙄
@نادرالیراحمان
@نادرالیراحمان 3 жыл бұрын
Just what we need. Less consumption. Less pollution. Less people making money so less children are born and the Earth is now sustainable.
@danijelaiv3011
@danijelaiv3011 3 жыл бұрын
This is a rather biased and uniformed analysis. What a waste of time.
@Aqua_she_wolf
@Aqua_she_wolf 3 жыл бұрын
You must ask the teachers after pandemic whether they will ever in life want to work on holidays. I believe, they need 2-year vacation to get over the stress they had during pandemic.
@johnpond3342
@johnpond3342 3 жыл бұрын
Taiwan couldn’t get their first vaccine yet and The Economist believe they can be vaccinated by late 2021?
@markcranston3145
@markcranston3145 3 жыл бұрын
Why would you want the vaccine - do you want to commit suicide?
@redpillnibbler4423
@redpillnibbler4423 3 жыл бұрын
It’s not a vaccine!
@AE-nf8nz
@AE-nf8nz 3 жыл бұрын
theyre getting them in a month??? and the population is low??? and people are cooperative and efficient in managing public health.
@johnpond3342
@johnpond3342 3 жыл бұрын
@@AE-nf8nz A month later...
@hcm9999
@hcm9999 3 жыл бұрын
Here is an idea: create virus-free areas where people are only allowed to enter after test and quarantine. Then keep expanding and multiplying those areas until they cover the entire country, the entire world. By testing and moving people, it is possible to expand the virus-free areas and shrink the infected areas. The advantage is that you allow the economic activities to continue normally BOTH in the infected and virus-free areas. People in virus-free areas are allowed to travel to any other virus-free area. And people from infected areas are allowed to travel to any other infected area. Only people who need to cross the borders of areas like truck drivers need to take some special precautions. As infected areas shrink, it becomes easier and easier to stop the spread of the virus, as you know exactly where the virus is and can allocate more and more resources. In theory it is much easier to close the borders of a single city than an entire country. Determine which cities are infected and which cities are virus-free. Close the borders of these areas or cities. People who want to move from infected areas to virus-free areas need to be tested and quarantined. The problem with most countries is that they are secretly aiming for herd immunity because they only try to SLOW the spread of the virus. But it doesn't matter if it is slow or quick, the virus is still SPREADING, and it will only stop when there are no more people to infect, which is the definition of herd immunity. Instead of mitigation, we should aim for eradication. Instead of slowing the spread, we should STOP the spread of the virus. We can stop the spread of the virus by closing borders. The virus is carried by people. If people cannot cross borders, neither can the virus. You can completely block the virus from entering a certain region by closing the borders. Country borders are already closed all over the world, why not close the borders of cities? The closure is temporary if you test and move people to expand the virus-free areas and shrink the infected areas. Most people live and work in the same city. Even if the city borders were closed, the disruption to their normal lives would be minimal. For most people nothing would change. Trying to close down bars and restaurants is ludicrous and impossible. It is very easy for people to SECRETLY open bars and restaurants, have religious meetings, private parties, etc. You would need a police officer in every single household in the city to keep an eye on people but there is not enough police officers to do that. On the other hand closing city borders is much easier. For most cities there are only a few points of entry. Putting police officers permanently in those points of entry is easy. And technically the city borders would still be open. People would be required to be tested and quarantined in order to cross the border, that is all. After the quarantine people would be free to go anywhere they want in the virus-free areas, unrestricted, completely assured they are not infected.
@beefjerkythesecond
@beefjerkythesecond 3 жыл бұрын
How could you mention vaccine passports and not state the fact that they would be completely tyrannical and unacceptable! That is the problem with that concept and all other potential problems are secondary issues.
@truthobserver7792
@truthobserver7792 3 жыл бұрын
Most business travels will disappear as technology advances and starts taking over most tasks
@andrewsingh
@andrewsingh 3 жыл бұрын
What about tax implications? Basic issue that you’ve not covered here...
@asch5089
@asch5089 3 жыл бұрын
they simply dont pay taxes🙄
@kevinthornley7659
@kevinthornley7659 3 жыл бұрын
It shouldn’t change anything.
@davidbrown5628
@davidbrown5628 3 жыл бұрын
It may only change because WE are letting it change.....
@oeao2841
@oeao2841 3 жыл бұрын
Jokes on you I don’t travel anywhere 😂
@Psychology_Major
@Psychology_Major 3 жыл бұрын
In summary,travel is dead and its going to be that way from now on. This is major paradigm shift in everyone's thought process. No other way than accepting it.
@yeoyeoking
@yeoyeoking 3 жыл бұрын
Not sure if we’re watching the same video
@brentshuffler1234
@brentshuffler1234 3 жыл бұрын
Over 1 billion people travelled last year despite the pandemic. China alone represents over 120 million tourists per year. Travel reduced temporarily does not mean that travel stopped forever. Reduced travel in some places does not mean that it is not happening elsewhere or at all. The numbers of passengers by sea, by land, and by air remain huge overall worldwide.
@dunnowy123
@dunnowy123 3 жыл бұрын
It will return obviously, people want to see other parts of the world. It's just going to change and take a while to recover.
@Psychology_Major
@Psychology_Major 3 жыл бұрын
As they said in the video that 25 % of the travel will be gone forever. And the revenue generated by business related travels are more than leisure travels since the beginning. Considering today's era, I don't see why any enterprise would send their employees to another continent while they have effectively managed the same( in some cases even better than being physically present there) with video conferencing.
@brentshuffler1234
@brentshuffler1234 3 жыл бұрын
@@Psychology_Major Yes, in the short term, extraordinary public-health measures have prevented many trips. However, with widespread testing, well tested protocols, and rapidly increasing vaccination of populations, travel will rebound quickly and be better and safer than ever. Barbados already proved it as soon as travel restrictions were lifted in main source-countries. Likewise, tens of millions of past cruise-line passengers are eager to resume their vacations as soon as cruises resume in their regions. Some segments (e.g., business travel) might decline on the near term, but other segments will rebound quickly and continue to grow.
@amithachandima3318
@amithachandima3318 3 жыл бұрын
Welcome to Sri Lanka 🇱🇰🇱🇰
@wisetour4ever
@wisetour4ever 3 жыл бұрын
China domestic travel has been recovered since March 2020.
@manueltroncoso5204
@manueltroncoso5204 3 жыл бұрын
Your vaccination coverage map has a mistake. According to it, Chile is expected to achieve full vaccination coverage in mid 2022, but actually we are the 4th most vaccinated country in the world. We are expected to achieve herd immunity in around 6 months from now, probably before most of european countries.
@dsladnssdezsc1411
@dsladnssdezsc1411 3 жыл бұрын
I love chile ! I lived there for ages! Loved it !!
@iporski
@iporski 3 жыл бұрын
Herd immunity doesn't exclusively require vaccines. You've been gaslit.
@manueltroncoso5204
@manueltroncoso5204 3 жыл бұрын
@@iporski I didn't say it exclusively requires vacccines.
@angrybrit7331
@angrybrit7331 3 жыл бұрын
@@manueltroncoso5204 so you will understand your statment is foolish then ? As eu has had far bigger spread of the virus and will already have a high natural herd immunity level
@manueltroncoso5204
@manueltroncoso5204 3 жыл бұрын
@@angrybrit7331 Yes, a community can achieve herd inmunity naturaly, i never said it couldn't. My point is that you can speed up the process by vaccinating a lot of people, wich is Chile's case. In that same line, the health organizations have set vaccination goals to achieve herd inmunity. Today, that goal is 70% of people within a country.
@lordleroyyoung
@lordleroyyoung 3 жыл бұрын
Private Jet Travel is more affordable with XOJET and Wheelsup of the world
@Simpaulme
@Simpaulme 3 жыл бұрын
Love the opening shot 😂
@12701270able
@12701270able 3 жыл бұрын
Travel industry became sluggish and some is gone but soldiers,military as kind of travellers are going about across the world. Nothing has change travellers soldiers and army. Never do Pandemic come over them, army,weapons and military here and there. Why?
@andrewruddy962
@andrewruddy962 3 жыл бұрын
Thank you for making and posting the above.
@mtemboshafieanafie6722
@mtemboshafieanafie6722 3 жыл бұрын
There is no such thing as a rich world there are thieves world and victims world.
@mundemama
@mundemama 3 жыл бұрын
Awesome start
@oscarmonroy6337
@oscarmonroy6337 3 жыл бұрын
What are the ages of all these people traveling 🧳 to avoid being inconvenienced by the global pandemics? 🤓💻
@nachonil
@nachonil 3 жыл бұрын
Of course..... only people from the rich world can even think of going to a foreign destination for their holiday.....
@tasneemahmedkhan3876
@tasneemahmedkhan3876 3 жыл бұрын
Holidays business is totally shutdown. Thousands of people is jobless.
@corlisscrabtree3647
@corlisscrabtree3647 3 жыл бұрын
Thank you
@lalado4163
@lalado4163 3 жыл бұрын
Miraculously, the American flu disappeared.Vape pneumonia is gone, please pay attention to Fort Derrick, Maryland, USA. Is that why there are so many infections in the US
@andrewjones-productions
@andrewjones-productions 3 жыл бұрын
I don't buy this nonsense of travel changing substantially. Naturally, things will be different for a relatively short period in the immediate period after the pandemic. However, one of the major characteristics of the human race is very much personified by Oliver Twist. "Please sir, can I have some more" and that means that businesses across the board in the tourism industry, countries that depend on tourism as one of their major industries, traditional resort cities etc are all going to get the 'can I have some more' bug very quickly and will start to attract more and more people. On top of all that, people have a very strong 'itchy feet' trait. I tend to feel that the biggest changes post pandemic will be within the media and especially there will likely be a crackdown by legislators world wide on social media companies like Zuckenberg's FB which is quite frankly running amok and clearly think they can bully governments into doing what they want. I foresee that Zuckenberg and people like him are about to get a huge kick up the rear end by governments worldwide.
@mediastarguest
@mediastarguest 3 жыл бұрын
Travel will NOT be different. It will not change at all as long as you have access to a few million dollars, euros, pounds.
@masonnoah8306
@masonnoah8306 3 жыл бұрын
To everyone who is thinking of starting their own business, believe in yourself and never give up.Your future self will be thankful,!$
@michelledaniel400
@michelledaniel400 3 жыл бұрын
Great content. Everyone needs more than their basic salary to be financially secured ..
@wellsdells8946
@wellsdells8946 3 жыл бұрын
You do not really need someone to tell you how to invest your coins, you can make research on your own and trade with expert to guild you through .
@chrismarmsk1970
@chrismarmsk1970 3 жыл бұрын
I have heard of many brokers I do hope they can help me .
@michelledaniel400
@michelledaniel400 3 жыл бұрын
Automate thought me everything I know about the market and with their program and signals it was easy for me to multiply my portfolio.
@michelledaniel400
@michelledaniel400 3 жыл бұрын
I I’m happy I was able to join automate and his team before ETH Started surging high...
@taaffetwinkle6152
@taaffetwinkle6152 3 жыл бұрын
what happens to all the people that cant or wont have a vaxine, are they never allowed to leave the country again ?, surely thats called prison .!
@marucunucuagadisan6572
@marucunucuagadisan6572 3 жыл бұрын
if everything ist like tish complicated i will not travel, its simple
@alexmcintyre8229
@alexmcintyre8229 3 жыл бұрын
2 other possible outcomes for travel include: 1) Countries keeping their borders closed until there’s mass vaccination in every country. This would overcome the unfair use of vaccine passports and the potential for false negatives with COVID tests. The down side with this is that borders will open in 2025 at the earliest. 2) Countries reopen to leisure travel but keep in place a 2 week quarantine
@GH-lo8vl
@GH-lo8vl 3 жыл бұрын
There is a 3rd option, ban the MSM from reporting on the virus, stop all testing, get rid of masks and social distancing. The virus will be gone in 24hrs.
@iporski
@iporski 3 жыл бұрын
Or 3. expose the entire deception and the fraud.
@angrybrit7331
@angrybrit7331 3 жыл бұрын
@@GH-lo8vl exactly
@johnwhite2766
@johnwhite2766 3 жыл бұрын
It seems like the economist knows what's going to happen before it happens. Who owns this magazine? Well, there you go!
@EveHyland-in8jb9ti9y
@EveHyland-in8jb9ti9y 3 жыл бұрын
More foot space by any chance?? No 🤔. 😜
@ante-zm4lt
@ante-zm4lt 3 жыл бұрын
can somebody write me a 200 words summary about this video
@FlaviusAspra
@FlaviusAspra 3 жыл бұрын
Yes.
@teeI0ck
@teeI0ck 3 жыл бұрын
this video is very helpful. 🧗‍♂️ its showing an accurate and deep understanding; great perceptive. 💡 Muito obrigado for all the insightful information.. 🤝
@iona5439
@iona5439 3 жыл бұрын
It's getting to the point where I'm questioning "do I wanna die of depression locked down or do I wanna die of covid somewhere nice" :/
@redpillnibbler4423
@redpillnibbler4423 3 жыл бұрын
SARS- CoV-2 has never been isolated.
@vascoamaralgrilo
@vascoamaralgrilo 3 жыл бұрын
Thanks!
@paulosenkoro656
@paulosenkoro656 3 жыл бұрын
Include also other topics, your channel becomes less boring and more interesting. I hope I didn't hurt any feelings. Paul from Tanzania
@rjones9579
@rjones9579 3 жыл бұрын
Annoying spam-video music.
@gamf5996
@gamf5996 3 жыл бұрын
Mass tourism is cheap and affordable holiday prices will rise in the future better start making more money
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