Arrange the jumbled sentences to make a meaningful paragraph.

A. Yet there is also no reason to despair.
B. None of this is true today as we fight the coronavirus pandemic.
C. The global financial crisis in 2008-09 was a massive demand shock, but our workers could still go to work, our firms were coming off years of strong growth, our financial system was largely sound, and our government finances were healthy.
D. Economically speaking, India is faced today with perhaps its greatest emergency since Independence.