Hello and welcome to the Americano podcast. This is an election year. Will Donald Trump be

re-elected? What is going on with the Democrats? And has America gone even more crazy? We'll be

discussing all of these things and more, more than once a week, because we don't

feel you have enough Americano in your life. And I have a special offer for Americano listeners.

If you want to subscribe to the Spectator's US edition, which is brilliant, by the way, I edit it,

you can go to www. spectator.us forward slash subscribe and take advantage of our special

Americano offer. If you insert the code Americano in capital letters like Donald Trump on Twitter,

you will get 5% off. Please do so. I'm joined today by Kate Andrews, who is economics correspondent for the spectator,

and we're going to be asking, is the coronavirus the black swan event that could derail the Trump presidency?

Now, Kate, the reason we're talking about this is that Ross Clark wrote an excellent piece on the coronavirus on Wednesday. He suggested that it could cause

a sort of black swan event in American politics. But let's first talk about the economics. Do you

think that corona is causing a serious disruption in the American economy? It could be. It's totally

natural and important for the public to be

looking to public health advice right now when it comes to the coronavirus. Obviously,

that is their main concern. But the economic consequences of it could also have a real human impact.

As fewer flights take off, as people stop traveling, as it's harder to get around one's own

country, let alone to go to another, as it's harder to get around one's own country,

let alone to go to another, as there's strains on supply chains, as factories can't produce

what they were before, not getting parts from around the world and what they need.

You know, that can have real economic and human cost as well, because if GDP takes a hit,

if the stock market continues to tumble and it's down $5 trillion now, it's the worst week it's has since the financial crisis in 2008, there'll be serious repercussions.

And of course, Donald Trump's real selling point going into this next election is the economy.

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