This covid thingy indeed crash the economy. It bring chaos not only to people but to the things that makes people live. After this pandemic, I am sure that economy will recover since mostly of the businesses will reopen and be functionable again however it will takes time to cope up with the losses.
A complete recovery may take more than a year, and possibly up to 3 years. If people can't go out, how can you expect the economy to be back on track? With the lockdowns failing to check the spread of the disease, now the only hope is on the vaccine that AstraZeneca is developing. And unfortunately it may not be available in the market for another 6 to 12 months. Can the economy survive for that long? I am skeptical about that.