Aaand you nailed it: right now the economic scenario is so dire that even the gargantuan stimuli given by the governments are going to be just a band-aid within a profound change in the way we live, work and purchase.
According to
a recent paper by the Imperial College London COVID-19 response team, the situation we're living right now (i.e. quarantines) is going to last for several months until herd immunity or a vaccine comes first. If this is sustained, the economic impact will be massive, as well as the lifestyle adjustments we'll have to make.
In fact, the economic downturn we're facing at a global level will be so freaking deep, that
even the 3.3 million people filing unemployment claims in a single week, will look like a walk in the park.
And which countries are better prepared to face the music as of now? China and Russia.
Russia is the single country with the largest gold reserves in the world (and there's a shortage of gold worldwide) and has almost virtually no debt, thanks to the sanctions imposed by the US. (talk about irony). They also are kind of self-sufficient since they still have factories and industry.
China, on the other hand,
is having a market surge and they're buying foreign companies stocks at a cheap, and they also represent 1/3 of all of the manufacturing industry in the world. They basically own the tech industry.
So... if you take that scenario into account, you'll see that in the Americas (yeah, both) we're utterly and completely fucked because our governments thought (20-30 years ago) that outsourcing everything to China was somehow good, that there's no need for local manufacture, and that we would never have a crisis so deep like the one we're having now (yet history repeats itself every 90 years).