Coronavirus Cancel Culture; Fact, Fiction, & Financial Fallout

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 11 March 2020

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

China’s businesses are starting to reopen, but Eurasia Group President Ian Bremmer says China’s economy could be worse off than the government is letting on. Richard Attias is the events coordinator behind the Davos World Economic Forum; as the coronavirus outbreak prompts event cancellations around the globe, Attias explains how digital meetings aren’t the ideal solution. Plus, Tesla CEO Elon Musk is looking for a new gigafactory, and it could be coming to a city near you.

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squawk Pod, the Daily Podcast brought to you by the team behind Squawk Box.
0:08.0	NYC, this is C. NBC's essential morning show.
0:12.0	P. C.R. 2. Every day get the best stories, debate, and analysis. See, Wall Street is in for another bumpy ride as further fiscal stimulus in the US remains unclear.
0:26.4	All over the map yesterday, up a thousand, down 300, back up a thousand, so strap yourself in.
0:31.6	Eureia Group's Ian Bremer separates fact from fiction during an outbreak and an oil price war.
0:38.0	We should not expect the Chinese economy to rebound as quickly as the government as presently said.
0:43.0	And in-person gatherings have largely ground to a halt,
0:47.0	Global events planner Richard Adia says tech-enabled meetings can only go so far.
0:51.0	It's not the same, I would say commitment. It's not so easy to have very deep
0:56.2	conversation virtually. Those stories plus Tesla, tweets and Gigafactories.
1:02.7	I'm C. NBC producer Katie Kramer.
1:04.4	It's Wednesday, only Wednesday, March 11th, 2020.
1:07.8	Squack Pod begins right now.
1:09.8	Stand back you by in three, two, one, fuel three.
1:14.3	Good morning.
1:14.9	Welcome to Squawk Box here on CNBC.
1:16.8	We're live from the Nesdac market site in Times Square.
1:19.2	I'm Becky Quick, along with Joe Kernan and Andrew Ross
1:21.2	Sorkin.
1:21.8	Now an update on the coronavirus outbreak in the US.
1:24.7	Confirm cases have now topped 1,000.
	...

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