Yes, it is true that many families are facing economic crises around the world. The COVID-19 pandemic has had a significant impact on global economies, leading to job losses, reduced incomes, and financial instability for many households. The closure of businesses, travel restrictions, and lockdown measures have disrupted supply chains and caused economic downturns in various sectors. Governments have implemented stimulus packages and financial aid programs to support individuals and businesses, but the effects of the crisis are still being felt by many families.