Shutdown: How Covid Shook the World's Economy Part Two

Jill on Money with Jill Schlesinger

Audacy

Education, Investing, Business, Self-improvement

4.6 • 1.9K Ratings

🗓️ 24 October 2021

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

The shocks of 2020 have been great and small, disrupting the world economy, international relations and the daily lives of virtually everyone on the planet. Never before has the entire world economy contracted by 20 percent in a matter of weeks nor in the historic record of modern capitalism has there been a moment in which 95 percent of the world's economies were suffering all at the same time.

Across the world hundreds of millions have lost their jobs. And over it all looms the specter of pandemic, and death.

Our guest this weekend, Adam Tooze, brings his analytical and narrative skills to a panoramic and synthetic overview of our current crisis.

In Shutdown: How Covid Shook the World's Economy, he sets the pandemic story in a frame that casts a sobering new light on how unprepared the world was to fight the crisis, and how deep the ruptures in our way of living and doing business are.

Have a money question? Email us, ask jill [at] jill on money dot com.

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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Transcript

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0:00.0	When people switch their dog's foods to the farmer's dog, the effects can seem like
0:11.5	magic.
0:12.5	But there's no magic involved.
0:14.0	It's simply real meat and vegetables with all the nutrients dogs need instead of highly
0:17.8	processed pellets.
0:19.2	No tricks, just smarter, healthier pet food delivered in packs portioned for your dog.
0:23.5	It's amazing what real food can do.
0:25.7	When people switch their dog's foods to the farmer's dog, the effects can seem like magic.
0:42.6	But there's no magic involved.
0:44.2	It's simply real meat and vegetables with all the nutrients dogs need instead of highly
0:48.0	processed pellets.
0:49.3	No tricks, just smarter, healthier pet food delivered in packs portioned for your dog.
0:53.7	It's amazing what real food can do.
0:55.8	Get 50% off your first order at the farmer's dog.com slash no magic 50.
1:04.2	Welcome to the Jill on Money Podcast.
1:05.9	It is Sunday, October 24th.
1:08.6	And if you did not listen to yesterday's episode, go ahead and do that.
1:12.6	Jill out.
1:13.6	We'll be here when you come back.
1:14.7	We have our two-part interview with Adam Toos.
1:18.7	He is the author of shutdown, how COVID shook the world's economy.
1:24.0	And yesterday we talked about how Adam tackled this topic as it was unfolding.
	...

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