DAY 58 - The COVID-19 Daily Podcast with Dave Trafford
This is DAY 58 of the COVID-19 pandemic. Here’s what you need to know on Thursday, May 7, 2020 <<<<>>> We are winding down the COVID-19 Daily Podcast as of tomorrow, Friday, May 8th. But, we are going away. We’re going to shift direction. These past seven weeks have been spent focused on the Outbreak of the coronavirus that brought us the COVID-19 pandemic and brought the world to its knees. Now, as we begin to stand back up again, the over arching question has been “what’s next”? What’s next for business, for jobs, for education, for families and our health and well being? How will be live in this age of the COVID pandemic? So, beginning Monday, May 11 we begin THE NEXT NORMAL. It will be 2 full months since the pandemic was declared and nearly four months since we saw our first case of the coronavirus in Canada on January 27th. We will run three episodes a week – We’ll post them first thing in the morning on Mondays, Wednesdays and Fridays. And we’ll take a 100 thousand foot view of what’s on the horizon, what we should expect and how we will prepare for the next wave of this pandemic. You need go nowhere. If you subscribe to the OUTBREAK Daily podcast, you’ll find THE NEXT NORMAL in the same podcast feed. We’ve had nearly 170 thousand downloads since this show started 7 weeks ago, so we know there’s an appetite and demand for this on demand audio. Thanks for listening, and thanks for the support… Now…onto other news of the day.. <<>> As economies begin to reopen at various paces around the world and leading economist expects to see a sharp recovery bounce in the last quarter of 2020. But will that be enough to lift us out of the crisis we’re in right now? Nouriel Roubini is an NYU professor and a former White House economist in the Clinton administration. He predicted the 2009 financial crisis three years before it happened. His outlook isn’t all that promising. He told BNN Bloomberg’s Amanda Lang he expects a Greater Global Depression before the end of this decade. <<>> But if we’ve got this kind of warning and timeline, is there anything governments and world banks should be doing now to prevent or mitigate a Depression? <<>> On the Canadian economy, Roubini notes the country's position as fundamentally resilient and diversified, but not immune to the drop in oil prices. <<>> In Washington, Associate Press is reporting the White House has shelved CDC guidelines for re-opening the US economy. It was a 17 page report intended to help faith leaders, business owners, educators and state and local officials as they begin to reopen. A member of the U.S. Navy who serves as one of President Donald Trump's personal valets has tested positive for coronavirus. The White House says the president has been tested for the virus. In Ottawa, Prime Minister Justin Trudeau says that an agreement has been reached with all provinces and territories to top up the wages of some essential front-line workers <<>> Throughout this pandemic, we have heard inspired and inspiring stories about individuals and organizations pivoting to help those in need during the lockdown. We’ll hear from a man in Toronto who stepped up to help front line health care workers. Matthew Lombardi started a not for profit organization called Grocery Hero. He’s coming up later in the podcast. Privacy Commissioners across the country are warning government that choose to use smartphone data to trace the movements of Canadians during the COVID-19 crisis should handle personal information with care. It wasn’t quite the high tech phone tracing, but the location of one person involved in the tele-conference hearing before the US Supreme Court became clear during the call. Everything was proceeding just fine, until there was the unexpected sound of a toilet flushing. <<>> IF YOU HAVE A STORY ABOUT YOUR EXPERIENCE YOU WANT TO SHARE…send me an email. DAVE@DAVETRAFFORD.COM or connect with me on TWITTER @DaveTrafford. DISCLAIMER: THE VIEWPOINTS EXPRESSED IN THIS PODCAST REPRESENT THE OPINIONS OF THE HOST AND PARTICIPANTS AS OF THE DATE OF PUBLICATION AND ARE NOT INTENDED TO BE A SUBSTITUTE FOR MEDICAL ADVICE AND BEST PRACTICES BY LEADING MEDICAL AUTHORITIES AS THE INFORMATION SURROUNDING THE CURRENT CORONAVIRUS PANDEMIC IS CONSTANTLY EVOLVING.