Our world has encountered many pandemics already.
But this is far different from the past pandemics because now this is a worldwide and almost couple of countries only that did not become infected meaning this is very serious matter and look
we have more than half a million died. ~
That's surely a lot and regrettable, but please keep in mind that more than 6 million people died in 2017(when no COVID-19 was around) from respiratory diseases and lower respiratory infections, combined.
Source:
https://ourworldindata.org/grapher/annual-number-of-deaths-by-causeIt means that much more than half a million is needed to threaten the world economy.
I don't want to belittle the tragedy of the COVID-19 pandemic here. No. Of course it's horrible that so many people have died. I just want to say that in my opinion the economy will survive the corona crisis.