I think everyones trying to be cool but nobody here in america at least seems to be thinking past May 1st in any capacity rn. It's really scary.
in the first world we'll just push the keynesian gas pedal. I'm confident it'll work. There are so many businesses idle and ready to go. The Fed is also fully accommodating and we, luckily, had our next financial crisis prematurely so things will be sorted out by the time everything has to be online again. We might have a lot of net loss still, and it'll be painful for a while, but nothing like the depression or even as bad as the last recession.
The developing world is completely ass fucked though. I don't even want to get into this. We're not going to help, either, because "we have our own problems". They deserve our support, our attention, and most importantly our solidarity. Say no to debt restructuring, advocate for relief, demand free medical aid and personnel. And say no to repercussions for China.