Avonhurst Advisory's Tina Fordham on the effects of the coronavirus

The transcript discusses the impact of the slow COVID-19 testing rollout in the US, the role of populism in government responses, and the need for global coordination. It highlights the economic risks compared to the 2008 crisis and explores potential structural changes and prevention strategies. The role of institutions like the Fed and leadership in crisis management is also examined.

What was a key driver that brought Trump into office according to the discussion?

• International cooperation

• Economic stability

• Low trust in government

• High trust in government

How did the UK's approach to crisis management change according to the discussion?

• By focusing on scientific modeling

• By ignoring scientific advice

• By reducing government spending

• By increasing populist rhetoric

What is a potential risk mentioned in the discussion regarding government response to crises?

• Overreacting to the crisis

• Ignoring public opinion

• Relying solely on international aid

• Underestimating economic impact

What is a common outcome of major crises as discussed?

• Increased political stability

• Major structural changes

• Decreased international cooperation

• Reduced economic growth

What do investors and business leaders want to focus on post-crisis according to the discussion?

• Limiting government intervention

• Cutting public health funding

• Increasing international coordination

• Reducing taxes

What role does the Fed play in crisis management as discussed?

• It acts quicker than governments

• It cannot act at all

• It acts slower than governments

• It only focuses on international crises

What is emphasized as crucial for future crisis management?

• Increasing military spending

• Focusing on short-term solutions

• Investing in prevention

• Reducing government size