People are going to die from the second and third order fects as well, potentially more so than the virus. And it's really unfortunate to see what's happening, in particular to small businesses or to individuals. I think we're already at something like ten plus % unemployment in the matter of a couple of weeks. If we truly do have to quarantine for some more amount of time, or there's some slow opening, and we only get a piece of the economy back. Yes? So i think that is what we need to balance. It sounds like very crude to be like, well, what about the economy during a health pandemic? What? The box office made five thousand
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/