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Public Health On Call

015 - COVID-19 and the Economy: What Can We Expect?

Public Health On Call

The Johns Hopkins Bloomberg School of Public Health

News, Health & Fitness, Medicine

4.6644 Ratings

🗓️ 19 March 2020

⏱️ 15 minutes

🧾️ Download transcript

Summary

Recent volatility in the financial markets have shaken investors and left everyone asking: Are we currently in a financial crisis? Author and expert on financial crises Kathleen Day of the Johns Hopkins Carey Business School talks to Stephanie Desmon of the Johns Hopkins Center for Communication Programs about how the novel coronavirus is affecting local and global economies, and what consumers should do right now.

More information: jhsph.edu/covid-19

Transcript

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0:00.0

Welcome to Public Health On Call, a new podcast from the Johns Hopkins Bloomberg School of Public Health.

0:12.7

Our focus is the novel coronavirus.

0:15.2

I'm Josh Sharfstein, a faculty member at Johns Hopkins, and also a former secretary of Maryland's health department.

0:21.6

Our goal with this podcast is to bring evidence and experts to help you understand today's

0:26.9

news about the novel coronavirus and what it means for tomorrow.

0:30.5

If you have questions, you can email them to public health question at jhh.edu.

0:36.3

That's public health question at jh.h. That's public health question at jh.u.edu for future podcast episodes.

0:42.3

Today, we are headed to the Carey Business School at Johns Hopkins University to hear Stephanie

0:47.6

Desmond of the Johns Hopkins Center for Communication Programs, interview Kathleen Day, an expert

0:53.5

on the economic impact of this epidemic.

0:56.8

Let's listen.

0:58.1

We're here today with Kathleen Day, a full-time instructor at the Johns Hopkins Carey Business

1:04.2

School, and author of a new book, Broken Bargain, Bankers, Bailouts, and the Struggle to

1:09.7

Tame Wall Street. Today we're going to talk bailouts, and the struggle to tame Wall Street.

1:11.3

Today we're going to talk about the coronavirus and the economy.

1:15.3

Kathleen, could you tell me a little bit about your work?

1:17.4

Yes, I am, unfortunately, an expert in history.

1:22.6

What I focus on and have focused on for 30 years is the history of financial crises

1:26.6

in the United States.

1:28.0

And of course, around the world, because we are such a big player. So I look at financial

1:35.1

crises from the point of view of those that we cause ourselves and are avoidable and those that

1:40.8

are sparked by external causes, such as this coronavirus, this is novel, but

...

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