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Prognosis: Misconception

Why New York Got Hit So Hard

Prognosis: Misconception

Bloomberg

Health & Fitness, Science

4.1838 Ratings

🗓️ 2 June 2020

⏱️ 14 minutes

🧾️ Download transcript

Summary

At least 21,000 New Yorkers are dead from Covid-19, with a few dozen added to the city’s count every day. The city’s deaths are 10 times those of Los Angeles County’s. They’ve surpassed the 16,000 lives lost in Italy’s hard-hit Lombardy region. Drew Armstrong reviewed the statements of experts, officials, and politicians to better understand the root causes of New York City’s devastating outbreak.

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Transcript

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0:00.0

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0:07.3

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0:24.0

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0:33.6

Welcome to Prognosis. I'm Laura Carlson. It's day 83 since coronavirus was declared a global

0:41.3

pandemic. Today, widespread protests against police violence show no sign of abating and have

0:49.0

eclipsed COVID-19 as the central issue in the nation. Our main story today,

0:56.1

New York City bore the brunt of COVID's punishment

0:58.8

and is now feeling the pain of civil unrest,

1:02.7

just as it was poised to reopen.

1:06.3

First, some brief headlines.

1:23.3

Around the country and the world, there are reminders the pandemic is far from over.

1:28.9

COVID-19 deaths among Florida residents jumped the most since May 8th.

1:32.7

Florida began a phased reopening on May 4th.

1:38.8

Hong Kong extended virus prevention measures after a new cluster of cases,

1:42.2

and Tokyo's infections spiked.

1:53.9

And in the UK, Prime Minister Boris Johnson plans to reset his government's agenda with a financial statement and a speech on the post-pandemic landscape.

2:01.6

The forces shaping markets and the economy are often hiding behind a blur of numbers.

2:08.4

So that's why we created The Big Take from Bloomberg Podcasts, to give you the context you need to make sense of it all.

2:13.0

Every day in just 15 minutes, we dive into one global business story that matters.

2:15.9

You'll hear from Bloomberg journalists like Matt Levine.

2:19.6

A lot of this meme stock stuff is, I think, embarrassing to the SEC.

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