4.6 • 2.7K Ratings
🗓️ 20 March 2020
⏱️ 76 minutes
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0:00.0 | This isn't your average business podcast and he's not your average host. |
0:06.6 | This is the James Altiger Show. |
0:12.6 | Today on the James Altiger Show, caution is different from panic. |
0:18.2 | People are going a little bit insane, but in the may ignore the flip side of the equation. |
0:23.5 | Like China starting around mid-February, cases started to peak. |
0:27.6 | And now, as you mentioned in your email, there's hardly any new cases. |
0:31.7 | So they closed down the last of their specially built hospitals that were made just for coronavirus. |
0:37.0 | People seem to be ignoring the fact that a pandemic does come to a natural ending. |
0:41.8 | And in the middle of that is the peak where the number of cases per day stop moving up exponentially |
0:46.8 | and start to actually level off or go down. |
0:49.3 | Yeah, and the challenge, and I think we all have to remember this, is that the news media |
0:54.4 | unfortunately thrives on fear. |
0:57.2 | Right? And I'm just saying, just for everybody to get this realization that the news media's |
1:04.0 | job is to deliver your eyeballs to their advertisers. |
1:07.0 | That's how they make their money. |
1:08.2 | And when we are in a period of absolute fear and shock and awe during wartime, during |
1:14.2 | pandemic time, during holy things, people are glued to the news. |
1:18.5 | I just think the level of fear is off the charts. |
1:23.9 | Right, so it's a good point because all the evidence suggests there's going to be an end |
1:28.2 | to this and it's not going to be as bad as people think. |
1:31.4 | But on the economy, businesses up and down the chain are going to go out of business in |
1:37.0 | just a month. |
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