you can recover from a wrecked economy. We've done so before. You cannot recover from "dead."
Only the privileged and wealthy think like this, they think that "a wrecked economy" is about numbers, when the reality is wrecked economies kill people.
Yes in recessions, wealthy highly educated, well connected people lose everything too, but they have the privilege of that education and connections to enable them to easily rebuild.
For others, a wrecked economy kills too.