When will stores be open again, when will we do meetups again, when will we be able to travel again?
A lot of local business owners who were doing alright (making money and paying several employees) are not at all interested in getting back to it. The risk in the next few years due to future waves of infection is too great, and government assistance is incredible here in Canada but only enough to help you limp along. That's a scary condition to run a business.
I think this will be great for large companies. Jobs and economic opportunity might relatively shift towards them for quite a while.
I hope I'm wrong, but I don't see a significant change to isolation practices any time soon and the economic impacts seem likely to change our lives in a very noticeable way.
Around 10 weeks for stores and meetups, longer for travel depending on the destination.
However, Covid-19 will likely be a lesson in single point of failure, supply chain dependency, and failure planning. To that end things will take decades to go back to the way they were. Companies will not be willing to accept massive losses again, so they'll change the way they operate. That will continue until the cost reductions from going back to the way things were win out.
For some things, like remote working, I don't think we'll ever go back. It'll be a thing companies plan for, implement, and accept as normal after this.
(I'm in the UK though, which probably makes a difference.)
In the US in particular, public schools get money from the federal government conditional on administering state tests. It doesn't look like the stimulus bill is leaving them off the hook, so schools have a very big incentive to give the test by the end of the school year (around 25-June). There was no official statement that state exams are cancelled for this year, and what's more my son's teacher resumed the exam prep with the kids yesterday.
So, I'm not sure when stores will open, but I give a more than 50-50 chance that schools will open at some point before the Summer vacation, maybe second half of June or early July, in order to give the state exams.
But consider: the doubling time is around 4-5 days. We'll hit 1M worldwide maybe Friday.
40 days after that, we'll hit 1B people. That's about the estimated total that typically get infected by a pandemic. Peak infection.
Two or three weeks after that, everybody will be through it. No problem; scars and health issues; death; whatever, it'll be over.
So 60 days to do anything and everything we hope to do with this. No more than that.
https://neherlab.org/covid19/ indicates maybe sometime between July and October things will normalize (ICU's will no longer be over capacity).
https://aatishb.com/covidtrends/ The phase space plot from Johns Hopkins dataset still shows no recent improvement of trajectory, in contrast to the NYT dataset.
Of course, the impact will be felt for a long time.
There's a limit on how far pandemics can go, even considering mutations. It's funny that when we try to lecture people about pyramid schemes, we always say : "you'll run out of people on Earth pretty quickly to sustain this scheme", but when it comes to pandemics, we forget this advice.
Economically: 10 years (a long time) because bouncing back isn't possible when ancillary businesses close and cause others to close. Right now, unemployment is going to around 35% whereas the Great Depression peaked at around 23-25%. This is, in essence, the Greater Depression. There were most recently structural problems and the global economy was overdue for a contraction, but not to the depths as being experienced without a pandemic; in essence, it is a forcing function that artificially-depresses economic activity in a lasting manner.
Overall: Not everything will be the same, but some things will. Don't let fear or magical wishful-thinking be guiding forces.
https://medium.com/@tomaspueyo/coronavirus-the-hammer-and-th...
The push for suppressing entire populations for months and years are coming from those that want to dis-empower these populations the rest of the time.
If by "normal" you mean the neo-liberal/neo-marxist agenda "progressing"... that is increasingly unlikely