What N America and Europe need to start on now!

[carlisle1]

Building infrastructure is the most used solution in order to kick off the economies again.

I don’t think that building infrastructures is appropriate now because there are shortage in budgets so the more buildings the more expenses and this cannot be afford by the dropping economy

However, this would happen by printing more money in order to drop it to the economies.

Printing money is never a good action because this will only bring down more the economy and that is what happening in other falling countries now.

It is very risky to do so as it will create inflationary trends which would be damaging to the economy instead of helping it.

At least you have already answer your own advice mate.

[Aaroenz0r]

Too late. The world is addicted to cheap man-power and low interest rates.

It will be very hard to reverse the momentum. It could be done but it will be painful too. By painful, I don't mean what we saw last month. That was nothing.

I agree this is almost impossible. Unless a really serious cataclysm or a third world war will overtake us.
I hope that neither one nor the other will happen and we will be able to adequately get out of the current situation by improving our standard of living.

Yes, wish the best for our world. After witnessing the situation of more than tens of millions of people in America who were unemployed and had to beg for food to survive, I felt so sorry for them. But this is just an "economic" pandemic. This virus will soon be under control and our assets will still be there. We just owe it and when we get the job back, we'll be able to pay it back quickly.

[fiulpro]

Amazing Article , I think you should actually try and get your government listen to these facts. 
I do think at this time of quarantine small farmers and other small business owners are getting affected a lot , therefore soon it would be a very bad situation for them , I think government should start giving them incentives or leave the middle man and transfer the vegetables and fruits from them to the people in need .
One needs to make a local website and the local authority should actually monitor it and people could actually exchange services there since the import and export is now banned .
The small businesses should actually gain a lot of support so that the local ecosystem could flourish on its own.

[bits4books]

All your points and all your "we must" rest on one thing - everyone wants to be programmers/managers/entrepreneurs/etc and no one wants to be a plumber/warehouse worker/conveyor worker/[any other "low-skilled" profession]. People do not want to get their hands dirty and are used to all the "non-prestigious" work being done for them by others. "Higher education is necessary for everyone!" they were talking, and they were running up student loans. "You should create your own business, not working for your Uncle Sam," they said and they after they increased loans rate too.
A person SHOULD be able to get his hands dirty and not consider that he is losing face. If people will think that working as a gardener/garbage man/shop assistant is for losers we will never get economy back

[travwill]

Too late. The world is addicted to cheap man-power and low interest rates.

It will be very hard to reverse the momentum. It could be done but it will be painful too. By painful, I don't mean what we saw last month. That was nothing.

I agree this is almost impossible. Unless a really serious cataclysm or a third world war will overtake us.
I hope that neither one nor the other will happen and we will be able to adequately get out of the current situation by improving our standard of living.

Yes, wish the best for our world. After witnessing the situation of more than tens of millions of people in America who were unemployed and had to beg for food to survive, I felt so sorry for them. But this is just an "economic" pandemic. This virus will soon be under control and our assets will still be there. We just owe it and when we get the job back, we'll be able to pay it back quickly.

People should be prepared for this. Everything in the world is cyclical. From cycles of economic and social recovery, to collapse and disasters. Everything has different levels and gradations.
But over the course of life, each person faces global ups and downs, and he must prepare for this. After all, this is inevitable and can happen at any time.