How do we Restart the Stalled Economy?

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How do we restart a stalled economy? Even more so challenging, how do we jump start the world's economies that are interwoven? We have this challenge now, and things could not be more difficult.

In March of 2020, the COVID-19 pandmeic lockdown effectively brought our world to a stop. Analysts projected a massive 50% decline in GDP, a runup in national debt in the trillions and worse yet, an unemployment rate to rival the Great Depression.

How do we restart this broken down machine that is more complex than any other on Earth? Simply put, we must lean on each other at ever level on the interwoven lattice that is the economy. How will government regulations and stimulus help us rebuild? Not so simple.

An economy is the flow of all money through the chain of value of human work. Work is key to aneconomy. We need people to return to work immediately and spend in a similar fashion to that which they used to. We need to roll back the clock to 2019 and examine the value chains that existed and replicate them in a new world.

In all honesty, this process will take years. We need to organically regrow the economy in new ways that have not been seen before. How do we really integrate workers in a new work from home world? Will people return to crowded shopping malls, restaurants and movie theaters? We need to isolate and replicate these lost value chains and work with consumers to find new avenues.

Can online shopping and streaming replace the brick and mortar stores of old? We will have to see. In all likelihood it will take 3-5 years and will depend upon government and industry working together closely.