If there is total financial destruction at the level of people losing their homes, not being able to eat, having their utilities cut off etc. it will be entirely due to policy choices that prioritise maintaining the current economic system and protecting the interests of the wealthy for the duration of the crisis over ensuring that everyone can survive with a basic, indeed decent, standard of life. By this I mean having their basic needs of nutrition, shelter, heat etc. met. For many (and I'm writing from the UK) this would actually be an improvement over the current situation. Globally we are the richest society in history by a profoundly long way, we have enough resources to get through this crisis. There is no reason that anyone should lose their home, or starve, or be left without power. But we have to acknowledge that, just as in situations such as WWII, normal economic life and the interests of capital / shareholders / the wealthy have to take a back seat to ensuring that, as far as possible, everyone can maintain a decent standard of life.