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Macro Voices

Hot Topic #6: COVID-19 Pandemic Update

Macro Voices

Hedge Fund Manager Erik Townsend

Business, Investing, Business:investing

4.83.4K Ratings

🗓️ 2 March 2020

⏱️ 76 minutes

🧾️ Download transcript

Summary

This week we’re re-broadcasting our Jan. 30th interview with Dr. Chris Martenson which proved incredibly prescient. Erik Townsend then offers an update on what’s changed since that interview. Link: http://bit.ly/2TtNbje

Transcript

Click on a timestamp to play from that location

0:00.0

This is a special edition of Macrovoises with hedge fund manager Eric Townsend.

0:14.2

The premier financial podcast targeting professional finance, high net worth individuals, family

0:19.8

offices, and other sophisticated investors.

0:23.0

Now for this special edition of Macrovoises, here's hedge fund manager Eric Townsend.

0:30.2

Macrovoises Hot Topics episode number six was recorded on March 2nd, 2020.

0:35.7

I'm Eric Townsend.

0:37.4

The COVID-19 global pandemic has finally hit the public consciousness, but public awareness

0:43.6

is still very low.

0:45.4

The president of the United States assured the American people that COVID-19 has a much

0:50.6

lower case fatality rate than the seasonal flu.

0:54.0

Now in point of fact, the present consensus estimate of 2% case fatality rate for COVID-19

1:00.2

is actually 28 times more deadly than the seasonal flu's case fatality rate of 0.07%.

1:09.0

I interviewed Dr. Chris Martinson way back on January 30th, more than a month ago,

1:14.3

and frankly, all of that interview is as relevant today as the day it was recorded.

1:19.7

So we're re-airing that interview today in order to provide that information to what will

1:25.0

hopefully be a broader audience.

1:27.8

Quite a lot has changed since January 30th, so I'll be back after the interview ends to

1:33.1

give you the March 2nd update on what's changed since the interview you're about to

1:38.1

hear was originally recorded on January 30th.

1:41.8

This interview was recorded before the World Health Organization had declared an international

1:46.1

emergency, and before they had assigned the name COVID-19 to this disease.

1:51.7

So you'll hear us referring to the disease as NCOV or NCOV.

...

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