Covid’s Deadly Consequences Much Larger Than Suggested: Lazard’s Orszag

The video discusses the impact of COVID-19 on healthcare, highlighting reduced non-COVID care utilization and its potential consequences on health outcomes. It also addresses state budget cuts in healthcare and education, emphasizing the need for fiscal relief. The economic reallocation post-pandemic is analyzed, considering shifts in consumer behavior and the potential impact on businesses. Finally, the video examines financial markets and economic predictions for 2021, noting low interest rates and pent-up demand as factors for potential recovery.

What factors might contribute to a shift in the economy post-pandemic?

How do financial markets differ from the actual economy during the pandemic?

What is the significance of the built-up savings among American households during the pandemic?