Well in the case of my country Chile.
We had massive protests since October, government handled it pretty bad and our economy crippled. Now with the pandemic, again the government mishandled it and we are having a pretty nasty second wave of infections.
Only thing that would make things worse would be one of our recurrent earthquakes. Chile is known for having devastating earthquakes every 10 to 15 years. Last big one in the capital was around 10 years ago. If government mishandles it again, our economy may hurt in a irreparable way.