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Fantasy Baseball from Prospect361.com | MLB Fantasy & Prospect Advice

647 - "Non-baseball Podcast - What happened to the economy"

Fantasy Baseball from Prospect361.com | MLB Fantasy & Prospect Advice

Prospect361.com

Sports, Baseball

4.5539 Ratings

🗓️ 19 March 2020

⏱️ 48 minutes

🧾️ Download transcript

Summary

To past the time away, Rich and Tim will be doing non-baseball content. Rich is up this week as he details what the economic fallout from the Coronavirus. He details why the US economy was setup poorly prior the economic shock and why this will be a tough event to get through.

All opinions are his and his alone. Any investment discussion is simply for educational purposes and no action from the listener is encouraged.

Transcript

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0:00.0

Greetings and salutations, everyone.

0:23.8

It's Rich Wilson, and welcome to, well, this is usually fantasy baseball live,

0:28.5

but this is a non-baseball podcast.

0:32.4

Obviously, baseball is stopped for the foreseeable future.

0:35.2

I've gotten so many requests from my listeners and readers and people on Twitter.

0:42.4

Let's talk about anything.

0:43.7

So if you're interested in the economy, which is actually one of my hobbies,

0:49.9

one of the things I actually know a little bit about,

0:51.6

this is what we're going to talk about is basically how we got into the situation we find

0:57.4

ourselves in, what it all means, what are the long-term ramifications, et cetera, et cetera.

1:03.3

So if you're interested in baseball talk, Tim and I tomorrow are going to do a baseball show,

1:09.1

and that will be out on Saturday morning and then

1:12.2

Sunday we'll be doing a mock draft so there'll be plenty of baseball talk coming up

1:20.2

Tim and I might actually do a music show in a couple of weeks just to have something I know people

1:25.7

are going out of their minds as they are socially isolating in houses.

1:30.7

And hopefully everybody who is listening to this is healthy that no one has caught in the virus,

1:36.6

the COVID-19 virus, which actually my understanding is COVID-19 is actually the strand of the coronavirus.

1:46.0

It's kind of the family of viruses. COVID-19 is actually the strand of the coronavirus is kind of the family of viruses.

1:54.6

COVID-19 is the actual disease, the actual strand of the flu of that particular virus.

1:58.1

And 19 is not the 19th one.

1:59.2

That means 2019.

2:00.5

At least that's my understanding.

...

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