Are You Hearing Strategy Shifts?

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Businesses will go bankrupt. You're already seeing this. And then that will slowly funnel into other parts of the economy that aren't as directly hit. It's not a linear thing in terms of, certain businesses are ok and certain businesses are not ok. I mean, for example, think about the movie industry right now. The box office is closed. All of those people will either struggle, be furlouwed temporarily, have no have no job or no income. That's just like an example of, like, things trickle down, and they will trickle down,. especially when you have such a large event in pacting so many people.

In this episode, I speak with Steph Smith (@stephsmithio), the Senior Analyst for the popular tech and business newsletter, the Hustle. In our wide-ranging conversation, Steph shares her thoughts about the COVID-19 pandemic and what we can expect over the coming months for life and business.

We also discuss the complex nature of the virus, why the entire world missed its window to react, how these “black swan events” lead to second and third-order effects, why many people may default to optimism, and what data we should pay attention to.

You can find the show notes, which include a bunch of Coronavirus resources, at https://calvinrosser.com/podcast/