Hello my podcast friends I'm Laura Adams and I'm so glad to have you with me this

week creating this episode was and is eerily familiar to one that was

published at the end of 2008 just a few months after I became the host of the

Money Girl Podcast.

The Great Recession, which lasted from the end of 2007

to about the summer of 2009, was getting real.

And the show is a response to many questions I received about

how to invest and shore up finances successfully during the crisis. So this is

going to be something very similar. We should be prepared for significant

hardship in the economy about once a decade. Now it's been about 12 years since the

last one, so I guess we're overdue. The coronavirus is a big but

invisible challenge that is most certainly causing a host of first-time problems

for families, businesses, and the medical community.

Maybe we should call this economic downturn the novel recession.

You probably know that earlier this month in early March Congress approved a big package of funds,

8.3 million dollars for various government health agencies that are dealing with the virus,

including Medicare.

And the response from the federal and the state government

is still unfolding.

As I'm recording the show, they are still working on the second package.

And these are probably going to continue to come in phases.

But whatever is passed, it's going to be aggressive to preserve public health, help consumers

...