Chapter
The Future of the Economy and COVID-19's Impact
48:30 - 55:42 (07:11)
The GDP is expected to take a big hit in the second quarter of 2020 due to COVID-19, but it will likely appear to show significant growth in the second quarter of 2021. The economy is expected to be supported until the unemployment rate reaches single digits or lower.
Clips
This episode discusses the use of comas as a form of treatment for patients with serious diseases and the markers or metrics doctors look for to assess whether the patient can be brought out of the coma.
48:30 - 51:06 (02:35)
Summary
This episode discusses the use of comas as a form of treatment for patients with serious diseases and the markers or metrics doctors look for to assess whether the patient can be brought out of the coma. It also touches on the concept of structural unemployment and how it is defined.
ChapterThe Future of the Economy and COVID-19's Impact
Episode#431: Howard Marks on the US Dollar, Three Ways to Add Defense, and Good Questions
PodcastThe Tim Ferriss Show
The US economy is expected to experience a sharp decline in the second quarter of 2020 due to the impact of COVID-19, with a possible slow recovery in the third quarter.
51:06 - 54:49 (03:43)
Summary
The US economy is expected to experience a sharp decline in the second quarter of 2020 due to the impact of COVID-19, with a possible slow recovery in the third quarter. The government may support the economy aggressively until unemployment rates reach single digits, but it may be deceptive to rely solely on GDP growth as an indicator of recovery.
ChapterThe Future of the Economy and COVID-19's Impact
Episode#431: Howard Marks on the US Dollar, Three Ways to Add Defense, and Good Questions
PodcastThe Tim Ferriss Show
Many people may not rush back to work after the pandemic due to fear of close contact with others, particularly on crowded public transportation and airplanes.
54:49 - 55:42 (00:52)
Summary
Many people may not rush back to work after the pandemic due to fear of close contact with others, particularly on crowded public transportation and airplanes.