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Back to COVID-19 Political, Economic & Social Ramifications.

What Are the Unintended Consequences of Coronavirus Lockdown

"More people will die because of the second and third order effects of coronavirus." ~ Chamath.

All kinds of industries; airlines, cruises, hospitality, retail and then the non obvious, like software companies. As some business get impacted, their customers and their supplies will get impacted.

So this is the first time in a very long time where we're really going to see the domino effect of the economic contraction. This combination of a supply side shock and the demand shock.

Supply side shots can be fixed relatively quickly. It's the demand shocks that are much harder to recover from because they're deeply psychological in nature, they drive the leverage.

De-leveraging is going to be an important, probably violent and messy, leaving lot of people unemployed, a lot of businesses out of business closed.

Editor's note: Here's a tweet from Tim Draper , a successful venture capitalist, confirming this case.

Transcript

COVID-19 Political, Economic & Social Ramifications ·

All-In

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  6. Why Is Media So Completely Inaccurate TodayConsumers consume what they want, and the media that provides the best fitting product is the media that wins.
  7. Do We Have Any Miracle Drugs to Treat CoronavirusThere is a trial on the way to verify whether Remdesivir drug might an early intervention solution. Patient given this drug in Seattle recovered within a day.
  8. Why Is Italy Having Such a Hard Time With CoronavirusStatistically, age of the population, smoking, and access to care seems to be the three key risk factors for this virus.
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  10. How Is Facebook Similar to the CoronavirusGiven Facebook's viral coefficient of 7, where for every one user joining Facebook there will be 7 more who join as well, Facebook is a great example of a…
  11. Why Are We All Hiding From the CoronavirusIf the objective is to minimize the number of people that die from this particular virus, the correct decision is to remain isolated.
  12. What Can We Do to Improve Our Response to Viral Diseases of the Future(1) Implement emergency protocols that removes bureaucratic guidelines and enable widespread testing.
  13. What's Wrong With American Drug DevelopmentWe have a policy to "do no harm," but instead we should be aiming to "do more good."
  14. Why Is the Stock Market Crashing Due to the VirusAs Chamath explains, most of the stock market participates today are playing with borrowed money, and everyone is happy to do it, as long as there is little…
  15. What Is Next for Startups and Venture CapitalThe most important thing in business is to not go out of business. The next couple of months are going to be unpredictable.

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