Chapter
The Long-Term Economic Impact of the Coronavirus Pandemic
52:57 - 1:03:22 (10:24)
The economic impact of the coronavirus pandemic may not be fully understood until several months down the line, with small businesses like Alamo Draft House already feeling the effects, and individuals being encouraged to be cautious with any extra income they may receive as a result of government stimulus efforts.
Clips
The longer-term consequences of coronavirus, such as economic malaise and unemployment caused by the global economic shutdown, will have a more damaging impact than the virus itself.
52:57 - 57:17 (04:19)
Summary
The longer-term consequences of coronavirus, such as economic malaise and unemployment caused by the global economic shutdown, will have a more damaging impact than the virus itself. These second and third order effects will lead to a violent and messy unwinding of the multi-trillion dollar credit bubble, leaving many people unemployed and businesses out of business.
ChapterThe Long-Term Economic Impact of the Coronavirus Pandemic
EpisodeE0: COVID-19 Political, Economic & Social Ramifications featuring The Production Board's David Friedberg (frmly Founder/CEO, The Climate Corporation)
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The guest shares the idea of providing easy access to money for small businesses by creating a website where they can fill out a form and prove their monthly expenditure, instead of waiting for their taxes to come back.
57:17 - 58:53 (01:36)
Summary
The guest shares the idea of providing easy access to money for small businesses by creating a website where they can fill out a form and prove their monthly expenditure, instead of waiting for their taxes to come back.
ChapterThe Long-Term Economic Impact of the Coronavirus Pandemic
EpisodeE0: COVID-19 Political, Economic & Social Ramifications featuring The Production Board's David Friedberg (frmly Founder/CEO, The Climate Corporation)
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The travel industry is an economy taking the hit from the current stock market situation.
58:54 - 1:03:22 (04:27)
Summary
The travel industry is an economy taking the hit from the current stock market situation. The damage may not be fully understood for a quarter or two, and addiction may increase due to the lack of a social safety net.