742-Great Coronavirus News All Around
Radical Personal Finance
Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP
4.2 • 1.9K Ratings
🗓️ 2 September 2020
⏱️ 26 minutes
🧾️ Download transcript
Summary
All of the news these days on coronavirus is positive. Is this a glimmer of the beginning of the end?
Although we certainly expect many more people to get sick with COVID-19 and some to die, I think it is.
I'll tell you why.
Joshua
Transcript
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| 0:00.0 | Welcome to Radical Personal Finance, a show dedicated to providing you with the knowledge, skills, insight, and encouragement you need to live a rich and meaningful life now, while building a plan for financial freedom in 10 years or less. |
| 0:11.0 | Today in the show, current events show, big big news buckle your seat belts get ready for a shocking |
| 0:16.5 | announcement coming up in three two one 2. I shaved my beard. |
| 0:25.0 | More importantly, or put more accurately, I guess, I shaved my quarantine beard. |
| 0:32.0 | And... I shaved my quarantine beard. |
| 0:34.3 | And although perhaps you are going to wax nostalgic for the three inches of manly, utterly masculine lumberjackish good looks hanging off of my face. |
| 0:47.5 | My shaving my beard is vaguely symbolic of the change in my mindset with regard to the current COVID-19 |
| 0:56.3 | pandemic and I thought that would be interesting to talk through it's been a |
| 0:58.9 | while since we've talked about the pandemic where I think we are where I think |
| 1:01.9 | we're going so let me just share with you a few of my opinions and you can consider them for yourself but I think we are on a global basis I think we are changing course right now with the COVID |
| 1:16.1 | pandemic. I think that we are it's not the beginning of the end in some way |
| 1:20.9 | there's still a lot of deaths ahead of us, there's still a lot of effects ahead of us, etc. |
| 1:26.1 | But I think we're definitely entering the next phase which leads to the end in some way of this pandemic. |
| 1:34.0 | I want to share with you why I think that and what it might mean for the coming weeks, months, |
| 1:40.0 | etc. |
| 1:42.0 | There are three major reasons why I think we're entering the next phase. |
| 1:48.0 | The first major reason is at this point in time we have fairly good data on the effects of the coronavirus disease, of the virus itself. |
| 2:00.9 | And that data comes from around the world, from a variety of reputable sources. |
| 2:06.0 | Because this coronavirus began in China |
| 2:10.0 | and because that was the source of most of the initial medical data, it was very |
| 2:16.6 | hard to place confidence in that data. The Chinese government has a long |
| 2:21.1 | reputation of concealing data, of flat out lying about the data, |
... |
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