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With the unprecedented rising of Covid-19 cases worldwide, the global economy is expected to shrink sharply by 3 per cent in 2020, much worse than the 2008-09 financial crisis. This isno longer just a virus but has turned into an economic war, sparking a debate as to what the future will be like, how the consumers will react —whether a post-traumatic stress disorder will impact the shared economy or classical conditioning will lead tomore business. Demand will fall due to lack of purchasing power or supply of services will be hit as enterprises shut. And most importantly, what decisions should business and government take to reduce the impact.