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Slate Money

Get a Beer and COVID-19

Slate Money

Slate Podcasts

Investing, Business

4.11.1K Ratings

🗓️ 27 June 2020

⏱️ 43 minutes

🧾️ Download transcript

Summary

This week, Emily Peck, Felix Salmon, and Anna Szymanski discuss the reopening and reclosing of states amid COVID-19 spikes, visas and immigration in the United States, and the messy collapse of the German fintech company Wirecard.  In the Slate Plus segment: Bill Ackman and SPACs. Email: slatemoney@slate.com Podcast production by Jessamine Molli. Twitter: @felixsalmon, @Three_Guineas, @EmilyRPeck Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello and welcome to the Getter Beer and COVID-19 episode of Slate Money or

0:19.0

guide to the Business and Finance News of the Week. This is a reference of course to what has been

0:24.2

going on in Texas and Florida. People have been going out for beers. They've been

0:27.5

getting COVID. The number of cases is spiking. We are going to talk about what

0:31.4

that means for the American economy.

0:34.0

I am Felix I'm on of Axios. I came to New York 23 years ago on an H-1B visa.

0:42.0

I then moved to an I visa.

0:44.8

All of this past history has given me an insight

0:49.1

into the alphabet soup of visas.

0:51.4

This is going to be helpful in the second part of this show when we talk about

0:55.6

visas and immigration.

0:57.3

Emily Peck of Huffpo.

0:58.7

Hello.

0:59.7

Have you any immigrants in your life?

1:02.1

All of my grandparents came here from elsewhere. Yes, so that's my thing.

1:07.8

And Anna Shimansky, you according to this show, because we've already recorded it.

1:12.5

Have been here so long you have no entrepreneurial spirit.

1:15.2

It's true.

1:16.2

It's very true.

1:17.2

Although I do have a lot of immigrants in my life in other ways.

1:19.1

Anna has a good job working for breaking views. If she were entrepreneurial she would probably start up a German

1:26.2

FinTech. We are going to talk about Wirecard, which is a crazy German FinTech which just went bust, and just how long it took to go bust.

...

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