Andrew Schulz's Flagrant with Akaash Singh
Andrew Schulz's Flagrant with Akaash Singh
"The fact that these celebrities from their fucking mansions could be telling us how good the world could be. It drove me crazy." — Host 1
"A government bond is a, it's a US treasury bill which doesn't matter, piece of paper, who cares? But basically the government is treating itself like a business on the stock market and you're investing in that business, right?" — Host 2
"If our economy goes down, everybody else goes down. They fucking know it. So best case scenario, 'cause I don't want to leave this show anything bad. Best case scenario. We're able to make sure, you know, lives are good by bailing people out." — Host 1
The episode begins with the hosts discussing the unconventional naming of their show and then delves into a critical commentary on celebrity responses to the pandemic, particularly their perceived detachment from the realities faced by the general public. This leads to a broader discussion about public executions and a stark contrast between historical practices and modern celebrity actions.
The conversation then shifts to the economic implications of the ongoing crisis. The hosts explain complex financial terms such as government bonds, Gross Domestic Product (GDP), and recessions in an accessible manner, relating them to the current global situation. They elaborate on how production and consumption are vital for economic health and how lockdowns directly impact these metrics, potentially leading to a recession. The concept of "too big to fail" is explored, both for corporations and, more broadly, for nations, highlighting the interconnectedness of the global economy. The hosts emphasize that the United States' economic stability is crucial for other countries, suggesting that a collapse in the U.S. would have widespread repercussions.
Finally, the hosts touch upon practical advice and observations, including managing personal well-being during quarantine, discussing government measures like eviction moratoriums, and clarifying the difference between alcohol and hand sanitizer. They express a desire to provide unfiltered information and their personal opinions amidst what they perceive as a confusing and often misleading news cycle. The episode concludes with a look ahead to future discussions on workouts and "corona hacks," and an expression of gratitude to their audience.