"a time like this" can be translate as "this days" in this context, i think.
"Tell me, if it were you,
what would you think at a time like this?"
It might be about despite everyone we live in the same time, but not to everyone happens the same things.
My interpretation of this part could be something like this "If you were the person who occurs that thing, would you still think this days are such great?"
The same with the part with 生きる(ikiru, to live) "how would you live these days if it were you that person"
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sorry for my awful english~
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