Some economy might actually go down but with the occurrence of Covid-19, this fastens the process. Imagine many companies that lay off workers because they cannot pay. As a human being, we will complain though this cannot solve the problem
As much as governments try to put themselves above basic economic principles the truth is that they are no different, in the same way a business can go bankrupt governments can also go bankrupt themselves, the difference is that since they have so much power they can bankrupt their citizens as well, and this is dangerous as it is known that as governments get in economic troubles they get more tyrannical and begin to pass all kind of absurd laws, which is what we are seeing already all over the world.