Real Coffee with Scott Adams - Episode 845 Scott Adams： Oil Prices, Coronavirus, Stock Market, Oh My! Sip Coffee and Chillax With Me

00:00:00.000 Bum bum bum bum bum bum bum bum bum bum bum bum bum bum bum bum bum bum bum bum 1.00

00:00:06.840 Hey Carol, come on in here. Where are the rest of you?

00:00:11.880 Are you sleeping this morning? Did you change your clocks?

00:00:15.620 I certainly hope so.

00:00:17.320 It's time for Coffee with Scott Adams and the Simultaneous Sip,

00:00:21.640 the best thing that ever happened to you today.

00:00:24.840 And all you need to enjoy the simultaneous sip is a cup or a mug or a glass, a tank or chalice or a stein, a canteen jug or a flask, a vessel of any kind.

00:00:34.460 Fill it with your favorite liquid.

00:00:36.480 I like coffee.

00:00:37.880 And join me now for the unparalleled pleasure, the dopamine hit of the day, the thing that makes everything, including the coronavirus, better.

00:00:46.480 Go.

00:00:50.760 Mmm.

00:00:51.840 Mmm.

00:00:52.360 Mmm.

00:00:53.560 How about that?

00:00:54.840 So, I don't know about you, but I'm getting a little bit tired of the coronavirus, a little bit tired of it.

00:01:05.860 Ted Cruz and I are self-quarantining.

00:01:11.220 In the case of Ted Cruz, he was potentially exposed to the virus by a visitor to CPAC.

00:01:19.360 So, he's decided to voluntarily quarantine himself, to which I say, good work, Ted Cruz.

00:01:27.580 I like it when our senators are good role models for what we should be doing. 0.50

00:01:31.500 So, I don't think Ted Cruz is likely to have the virus, but I think it's a good thing that he did the appropriate thing and he self-quarantined.

00:01:41.840 Do you ever wonder when you see a senator self-quarantining and he gets to go home and you think to yourself, is that really a penalty?

00:01:53.960 Because how many people are sort of going to enjoy the time off?

00:01:59.740 Because in the case of Ted Cruz, he's not even sick.

00:02:02.220 So, this is the only situation where you can get a sick day without being sick.

00:02:10.580 Do you feel it yet?

00:02:11.760 There's going to be a little bit of abuse.

00:02:15.920 So, let me put it this way.

00:02:17.740 If you'd like to get three weeks off of work, find somebody who is suspected of having the coronavirus and shake their hand.

00:02:25.680 Wash your hand immediately.

00:02:28.340 Immediately after shaking the hand, wash the hand.

00:02:31.520 20 seconds.

00:02:32.820 Soap it all up.

00:02:34.160 And then tell your boss, my God, I think I've been exposed to the coronavirus.

00:02:39.340 I'm going to self-quarantine.

00:02:41.760 I'll see you in three weeks.

00:02:43.540 Of course, you still have to work because you've got that internet and everything.

00:02:47.600 But I think a lot of people are going to enjoy their time off.

00:02:51.700 And, you know, I'm looking at my next few months of essentially self-quarantining.

00:02:59.420 And because I'm in the danger area.

00:03:01.860 I'm over a certain age and I've got a history of asthma.

00:03:04.820 So, I'm basically going to be hiding for months.

00:03:06.700 And I've been trying to figure out how to maximize my experience of hiding for months.

00:03:13.880 And here's a little trick for you.

00:03:16.220 Never let a good crisis go wasted.

00:03:18.680 I think somebody said that famously.

00:03:22.640 Mayor of New York, I think.

00:03:24.060 Or, I'm sorry.

00:03:24.700 Mayor of Chicago, whose name is.

00:03:27.180 You'll tell me in the comments.

00:03:30.660 But this is one of those cases.

00:03:32.400 If you know in advance, there's a really good chance that you're going to be spending way too much time at home.

00:03:38.180 So, figure out what is it that you always wanted to do if you only had enough time.

00:03:44.080 And then make it an opportunity.

00:03:45.860 In my case, I won't be able to go to my regular gym.

00:03:51.460 And so, I thought, oh, well, this is a situation where I can work on those other things.

00:03:57.560 I can work on my arms, for example.

00:04:00.340 You know, put more attention to that because I've got, you know, free weights at home.

00:04:03.500 So, find out what it is you can do that you always wanted to do if you only had enough time.

00:04:09.860 Because a lot of us are going to have enough time now.

00:04:12.380 I also think people are going to spend more time around their families.

00:04:16.720 If people don't go out as much, they might just spend more time around their family.

00:04:21.100 Maybe that's good too.

00:04:23.160 All right, let's see what's going on.

00:04:24.660 So, as you know, there was an attendee at the CPAC.

00:04:28.020 All the important Republicans were there.

00:04:30.060 And one of them shook hands, somebody who was confirmed to have the coronavirus, shook hands with Ted Cruz.

00:04:37.560 And I think it was Representative Gosar who also said he was going to self-quarantine for the same reason.

00:04:44.040 So, I don't know if anybody else had it.

00:04:46.640 We're seeing Rahim Kassim is reporting that he may have contracted it.

00:04:53.480 He's got a little fever.

00:04:54.620 And he was there and he met that individual.

00:04:56.600 Now, here's a really interesting, Rahm Emanuel is the mayor of Chicago who said don't waste a good crisis, or worse to that effect.

00:05:09.040 Anyway, it's really interesting, isn't it, that we don't know the name of the person who infected people at CPAC.

00:05:17.420 Because whoever it was, was shaking hands with all the important people.

00:05:25.600 So, it's somebody who's kind of important.

00:05:30.260 But you've got this weird balance where that person's, you know, safety and health, privacy are at risk.

00:05:37.420 The person who is the spreader.

00:05:39.420 At the same time, what about all the people who were nearby or shook his hands?

00:05:46.000 Don't they have a right to know?

00:05:48.020 Doesn't everybody have a right to know if they were exposed?

00:05:51.320 So, you've got two impossible rights that can't be reconciled.

00:05:55.220 And watching this play out is really interesting.

00:05:58.960 But how impressed are you that the name hasn't been published?

00:06:01.780 You know, obviously, if Ted Cruz knows that he came in contact with the person, it should be obvious that lots of people know the name of the individual.

00:06:13.700 Have you ever seen something of this level of importance that was universally not reported?

00:06:20.900 It's kind of impressive that nobody's reporting it.

00:06:25.480 Because there's got to be a lot of people who know the name of the person by now.

00:06:28.500 In fact, some of you probably know the name by now.

00:06:31.340 But nobody reports it.

00:06:32.620 And I'm not sure.

00:06:34.280 I don't even know if that's good or bad.

00:06:36.480 Because I do think the people who were potentially exposed need to know.

00:06:41.380 But if the person presumably is cooperating with authorities and they're tracking who this person talked to and touched,

00:06:49.080 so maybe they're already being informed if they weren't getting close enough to this person.

00:06:52.900 But I'd certainly like to know if I were sitting next to him.

00:06:56.200 And, you know, if you were sitting next to the person, you might recognize that person, but the person might not remember you.

00:07:04.860 So he wouldn't, you know, he or she would not be, would not know to tell authorities that you had been exposed because it wouldn't even know your name.

00:07:13.340 It was just somebody that sat next to you.

00:07:14.840 So I think maybe you do have a right to have that name.

00:07:18.540 But it's a tough balance because whoever that is, through no fault of their own, presumably, would have a tough time if the name got out.

00:07:30.600 All right.

00:07:33.000 Why is it, there's one big mystery.

00:07:37.080 It's the biggest mystery.

00:07:38.320 It's the one that matters the most about this coronavirus.

00:07:40.480 Why is it that, so here are some things that I can't understand.

00:07:47.900 Why is it that China and now South Korea reporting today that the number of new cases is falling, which would suggest they're getting a handle on it?

00:07:58.600 And experts saying it's the worst, gnarliest virus in a while.

00:08:03.500 Well, but at the same time, here's a question I ask.

00:08:09.080 Why is it that I don't hear about people just dying of the regular flu, just the regular flu?

00:08:14.900 Because apparently there could be, you know, 50,000 Americans a year dying of the regular flu, but I never hear of it.

00:08:22.480 And yet I hear about people dying of overdoses, drug overdoses, all the time.

00:08:27.920 People I know personally, people in my family.

00:08:30.380 And it's around the same number per year.

00:08:35.180 Now, it could be that the drug overdoses are more unexpected and they're younger people, so we hear about it.

00:08:41.880 Whereas if a senior citizen dies, maybe they don't even bother to say it was the flu, it was just pneumonia, and that's what always gets them, and it's either that or their heart. 0.90

00:08:51.840 So it could be some kind of a weird reporting thing.

00:08:56.360 And I'm still trying to get a handle on whether this coronavirus is a mass hysteria or actually real.

00:09:04.040 And we've sort of gotten to this point, and I still don't know for sure if it's real or if it's a mass hysteria.

00:09:13.280 Now, the argument for mass hysteria goes like this.

00:09:18.020 So yesterday there was an official in the Health and Human Services, Admiral Brett Girauer, Assistant Secretary for Health at Health and Human Services.

00:09:33.180 So this is an official government person who has official government information, and as of yesterday, he said the best estimates now for the overall mortality rate for COVID-19 is somewhere between 0.1% and 1%.

00:09:50.140 Now, 0.1% would be right on normal virus.

00:09:56.580 If it's true that the death estimate is between 0.1% and 1%, because I guess the denominator, they keep getting better information on it, so the number is going lower, that puts it, if it's 0.1%, it's right at normal virus.

00:10:11.960 If it's 1%, it's 10 times as deadly as a normal virus.

00:10:16.960 But still, it's been lowering every time they update it.

00:10:22.160 We haven't had a situation, I don't think yet, to where it's gone up, right?

00:10:26.300 Every time we get better numbers, the numbers are lower.

00:10:30.860 So here's the thing I don't understand.

00:10:33.940 How do we explain that there were these clusters of deaths on the one cruise ship and in the one old people home, whatever it's called, rest home, nursing home, whatever it was?

00:10:49.240 How do we explain those two clusters of high deaths?

00:10:52.180 Because they go way beyond what you'd expect from coincidence.

00:10:57.460 But on the other hand, don't coincidences happen?

00:11:04.480 Has there ever been, let's say, what are they called?

00:11:10.240 Old people homes, rest homes, nursing homes?

00:11:12.620 What's the right?

00:11:13.780 There's a correct term for that.

00:11:15.160 I don't think I'm using it.

00:11:16.660 But has there ever been one where, you know, 10 people died in a month?

00:11:24.860 My guess is yes, right?

00:11:28.240 So here's what I'm trying to sort out.

00:11:31.740 Imagine these two possibilities.

00:11:33.800 One is exactly what's being reported.

00:11:35.940 There's this gnarly virus.

00:11:38.100 The scientists have discovered it.

00:11:39.880 It's bad.

00:11:40.440 It's killing more people than normal.

00:11:42.660 That's what's being reported.

00:11:43.740 And all the evidence would support that.

00:11:46.600 But here's the other possibility.

00:11:49.080 Why if this virus was just sort of everywhere and, you know, it was just all over the place

00:11:55.760 and then, for other reasons, there were clusters of people dying?

00:12:00.980 Because there are clusters of people who die, right?

00:12:04.380 That's got to be a thing.

00:12:06.240 There's got to be cruise ships where you have several people die.

00:12:09.860 But I'm not really kind of buying that it could be coincidence.

00:12:16.200 But that's how coincidences work.

00:12:18.900 They fool you.

00:12:19.980 So I could be easily fooled.

00:12:21.940 So here's what I can't understand.

00:12:24.040 The people falling down dead in China and the amount of effort that China put in it suggests it's extra, extra deadly. 0.86

00:12:31.440 And so does the cruise ship and so does the nursing home.

00:12:36.060 They all suggest it's extra, extra deadly.

00:12:39.220 But how is it that China and South Korea are getting a hold on it?

00:12:43.400 And why is it it doesn't affect children?

00:12:46.440 I'm sort of rambling here.

00:12:51.060 But the point of it is there's some large piece of information that would explain what we're seeing that's missing.

00:13:00.680 Isn't it?

00:13:02.460 I mean, doesn't it seem to you that there's something really important happening that we don't understand?

00:13:07.960 Because we're getting two movies playing simultaneously.

00:13:13.760 One is it's getting under control and one is it's the worst thing ever.

00:13:17.600 And I don't see how they can both be true.

00:13:20.000 Anyway, we'll find out.

00:13:21.620 Clarity will come.

00:13:23.160 All right.

00:13:26.060 So what else have we got?

00:13:27.320 So here's some things we know about the coronavirus.

00:13:29.820 And by the way, I'm going to give you some hints on staying on talking people out of being panicked about it.

00:13:38.520 So that's worth staying for.

00:13:44.060 There are probably two waves coming.

00:13:46.980 So if you don't know this, you should know it now so you're not surprised.

00:13:50.920 The normal the normal pattern you should expect is that we'll get some kind of control over the coronavirus over the summer

00:13:58.700 with the help of warmer weather, and then it will come roaring back, maybe in the winter.

00:14:04.500 So you should expect us to tamp it down before it comes roaring back.

00:14:09.180 And the thing to worry about is the roar back, because that could be even bigger than the original.

00:14:16.500 Here's some new things coming.

00:14:18.140 Apparently, the Bill Gates Foundation has funded some kind of a company that can do home testing with a swab.

00:14:25.300 So the ways to test are increasing every day.

00:14:30.960 So thank you, Bill Gates.

00:14:32.920 And I mean that.

00:14:33.640 Thank you, Bill Gates, for being such a productive member of the planet Earth

00:14:38.500 and for now being behind these test kits that you can do at home and mail in.

00:14:44.060 That seems like that's a big deal to me.

00:14:46.160 Bill Gates, for the people who have the coronavirus, and there's at least some indication that some existing drugs might make a difference.

00:15:08.140 So there's some thought, and I'm no expert on this area, so I can't say that I'm...

00:15:15.840 I'll just say that the question is out there, whether there should be some right to try some experimental drugs

00:15:23.300 if you have the coronavirus and you could turn suddenly, because I guess people are turning bad suddenly.

00:15:28.880 Here's an update.

00:15:31.760 I've been talking about we need to temporarily, for the emergency, get rid of the restrictions of doctors practicing across state lines,

00:15:43.000 because we might need people in other states to help with the overflow, especially for telemedicine.

00:15:48.500 So I had suggested that the government temporarily do an executive order and say,

00:15:53.900 okay, for now, doctors can use telemedicine to practice across state lines just for the emergency.

00:16:01.240 I can report that that idea did make it all the way to the White House.

00:16:05.840 So I did get confirmation.

00:16:08.440 I do have confirmation that the right people in the government have seen the idea

00:16:12.420 and have initially expressed, let's see, agreement that that's a high-productive thing to look into.

00:16:24.600 So I don't know if that's going to happen.

00:16:26.580 I just know that the model of social media bubbling up ideas to people who can make a decision is working.

00:16:35.620 You know, ideas are coming off the Internet in sort of a brainstorming way.

00:16:40.240 Hey, how about this? How about this? How about this?

00:16:43.020 And the good ones are actually getting filtered, and they're actually making it to the White House in less than, you know, hours,

00:16:51.420 which isn't remarkable if you think about it.

00:16:55.000 So we'll see if that happens.

00:16:56.600 Here's some other things that are happening.

00:16:59.080 You're seeing the delivery ramping up, a lot more people telecommuting.

00:17:02.780 You're seeing telemedicine spinning up.

00:17:05.280 You're seeing these far-UV robots and test kits.

00:17:09.900 The world is really organizing on this stuff.

00:17:14.220 People are self-organizing, and they're doing what they need to do.

00:17:21.160 So here's my prediction on the coronavirus.

00:17:25.580 I think it's not going to take us down.

00:17:32.280 You know, it's not going to end civilization.

00:17:34.120 I don't think you're going to run out of toilet paper.

00:17:36.720 I think the odds of that are low.

00:17:38.960 I have no objection to anybody preparing for disasters,

00:17:42.120 because the whole point of it is that they're low percentage events.

00:17:47.540 But what you should expect, prepare for the worst.

00:17:50.840 But what you should expect is we'll muddle through this,

00:17:54.740 because there is an amazing amount of skill and energy being focused on this problem.

00:18:02.240 You don't see this much energy ever being focused on anything

00:18:06.520 since maybe World War II, I suppose.

00:18:09.280 So I think you should be optimistic.

00:18:13.140 The track record of human beings versus other entities is 100%.

00:18:19.440 There is no other species, be they bug, bird, lizard, or mammal,

00:18:26.640 who has ever beaten humanity.

00:18:30.400 And I like the odds of humans again against this.

00:18:33.860 Now, of course, we'll get through this.

00:18:37.380 Now, at the same time, just to make things interesting,

00:18:40.160 Russia has dropped, well, they've increased their production,

00:18:44.340 which is dropping the prices.

00:18:46.240 Now, here's what's happening in the world,

00:18:48.540 just so you get the lay of the land.

00:18:52.000 Apparently, Russia has figured out how to produce oil very inexpensively.

00:18:58.020 Some of it has to do with the nature of where they're drilling.

00:19:00.800 Some of it has to do with technological and systems improvements.

00:19:05.000 But the world was not quite ready for the fact

00:19:07.640 that Russia can produce oil, and a lot of it,

00:19:12.620 way cheaper than the Middle East.

00:19:14.660 But here's the bad news.

00:19:17.240 Also, way cheaper than shale production in the United States.

00:19:22.520 So now that OPEC has not agreed to cooperate and keep their prices high,

00:19:28.800 Russia just went rogue, 0.85

00:19:30.300 started, they're going to drill like crazy,

00:19:33.540 produce like crazy,

00:19:34.460 and drive the worldwide price of oil down below

00:19:37.980 the price where Saudi Arabia and the entire American shale industry

00:19:43.880 can even stay in business.

00:19:46.140 I would say this has gone beyond economic war.

00:19:54.740 This is actual war at this point.

00:19:57.280 So I think it would be fair to say that Russia and Saudi Arabia

00:20:00.220 are actually at war.

00:20:03.120 The bullets are not flying,

00:20:05.540 but this looks like a complete takedown of an entire country,

00:20:09.540 and it looks like Russia's getting ready to take Saudi Arabia out.

00:20:14.560 They will take out also, possibly, 0.96

00:20:19.100 it's looking that way,

00:20:20.180 the entire shale energy business in the United States,

00:20:24.260 which is big,

00:20:26.620 and which is going to be painful,

00:20:28.720 and it's going to be expensive,

00:20:31.260 and it doesn't help Donald Trump one bit.

00:20:34.220 Now, what's going to happen with all the pundits who say,

00:20:38.100 hey, Putin and Trump,

00:20:40.720 they're practically best friends,

00:20:42.640 and all that.

00:20:43.940 If Putin takes out,

00:20:45.700 and it looks like that's exactly what he's doing,

00:20:48.860 as Putin takes out the shale industry in the United States,

00:20:53.780 who is going to say that's good for Trump?

00:20:57.300 Anybody?

00:20:57.660 Is there anybody who can maintain the argument

00:21:00.520 that Putin and Trump are working in concert

00:21:04.040 for some big evil?

00:21:06.680 Nope.

00:21:07.640 That's gone forever.

00:21:09.540 If Putin takes out our shale industry,

00:21:12.220 it's figuratively war.

00:21:16.620 It's not the real war with bullets.

00:21:19.140 But the United States is not going to roll over

00:21:22.120 while Putin takes out

00:21:24.160 one of our most important industries.

00:21:27.700 That's not going to happen.

00:21:30.000 So Putin has some surprises coming,

00:21:31.780 and they would be surprises to me

00:21:34.420 because I don't know what they are.

00:21:35.980 But there's no way we're going to roll over

00:21:37.800 and just say, you know,

00:21:39.580 let's just let Putin control all the energy production

00:21:43.560 that matters in the world.

00:21:45.620 That's not going to happen.

00:21:47.200 So Russia's got some pain coming. 0.80

00:21:50.020 They just don't know what it is.

00:21:51.960 And I think the president

00:21:53.400 is probably already looking at his options,

00:21:56.000 and he's probably just going to turn the lights off,

00:21:58.860 figuratively, not actually the lights.

00:22:02.120 But I've got a feeling that Russia is in for 1.00

00:22:04.080 a big kick in the pants. 0.53

00:22:09.460 All right.

00:22:11.380 Those of you who own stock

00:22:12.760 or are worried about the economy,

00:22:14.580 let me give you some good feelings.

00:22:18.920 Number one,

00:22:19.860 the coronavirus is a weird kind of disaster

00:22:23.840 because it has a timer on it.

00:22:26.340 It might be a one-year problem,

00:22:28.280 it might be a two-year problem,

00:22:29.620 but it's not a three-year problem

00:22:30.960 because by the third year,

00:22:32.700 so many people would be exposed

00:22:34.160 that it just couldn't be the same thing anymore.

00:22:37.080 And when the economy is working

00:22:39.620 as well as it has been,

00:22:42.040 and you've got this, you know,

00:22:43.600 known problem that lasts X long,

00:22:46.320 and at the end of it,

00:22:47.240 you know you're going to be okay,

00:22:48.920 people are going to keep their production

00:22:51.060 at least ready to ramp back up.

00:22:54.480 So I would expect that the ramp back

00:22:57.800 would be very fast.

00:23:01.120 So when the shock is over,

00:23:03.240 the economy is going to roar back pretty quickly.

00:23:05.920 But it's a weird kind of,

00:23:07.380 but not all of it.

00:23:08.560 So I think the travel industry,

00:23:10.260 maybe the cruise industry,

00:23:11.900 the restaurant industry,

00:23:13.480 there will be industries

00:23:14.140 that just get devastated by this.

00:23:15.960 There's no question about it,

00:23:17.060 and it's going to be ugly.

00:23:18.820 But there are other industries

00:23:21.160 that are being stimulated by this.

00:23:23.560 I'm not even sure the net effect

00:23:25.400 is going to be nearly as negative

00:23:28.100 as anybody imagines.

00:23:29.860 So as soon as things start normalizing,

00:23:33.720 they're going to normalize very quickly.

00:23:35.760 So the ramp back up will be extra fast

00:23:38.640 because there's nothing missing.

00:23:41.740 The only thing that's missing is,

00:23:43.200 can we go to work now?

00:23:44.720 And as soon as the answer is,

00:23:46.100 yes, you can go to work now,

00:23:47.860 bam, everything's back to normal.

00:23:49.820 So there's that.

00:23:50.480 Now, the Russia situation with energy

00:23:53.700 is a little dicier

00:23:55.860 because that's just a big shock

00:23:58.400 and nobody likes shock and uncertainty.

00:24:01.180 But I imagine that the markets

00:24:03.600 will do what the markets do,

00:24:05.780 meaning that over time,

00:24:07.680 it will find some kind of balance

00:24:09.160 that it doesn't have right now.

00:24:11.120 But remember that when the oil prices drop,

00:24:14.920 it's a gigantic stimulus package

00:24:17.060 for people who buy oil.

00:24:19.560 It's very bad for people

00:24:20.840 who work in the industry

00:24:22.040 or people who own stock

00:24:23.500 in those industries.

00:24:24.980 But if you're just driving your car,

00:24:27.680 you just saved a lot of money.

00:24:29.580 Also, if you canceled your vacation,

00:24:32.280 you just saved a lot of money.

00:24:34.440 So we've never seen

00:24:36.540 an economic shock like this one,

00:24:39.240 where maybe not one for one,

00:24:41.880 but roughly speaking,

00:24:43.780 for every bad thing

00:24:44.920 that this is causing,

00:24:46.580 it's accidentally causing

00:24:48.140 a stimulus somewhere else

00:24:49.740 or some savings

00:24:50.620 that will be spent later,

00:24:52.460 some pent-up demand.

00:24:53.940 This is not like

00:24:54.880 a normal economic shock.

00:24:57.060 It's one where everybody's

00:24:58.140 just sort of pulling back

00:24:59.180 and waiting.

00:25:01.100 Nothing's really broken.

00:25:03.420 You'd have to have something broken

00:25:04.980 to be worried,

00:25:06.500 and nothing's broken.

00:25:07.380 We're actually pulling together

00:25:09.400 and operating as a country

00:25:11.560 more coordinated than we ever have,

00:25:15.140 probably more empathy,

00:25:16.640 more capability,

00:25:17.960 more brains,

00:25:18.720 more power.

00:25:20.240 The United States is really operating

00:25:22.280 at a high level right now

00:25:23.560 of capability.

00:25:25.360 So the odds of us

00:25:26.240 getting through this well

00:25:27.620 in, let's say, a year,

00:25:29.380 maybe two years,

00:25:30.600 are close to 100%.

00:25:32.240 Close to 100%.

00:25:34.580 It's as close to 100%

00:25:36.240 as anything you can, really.

00:25:37.920 So calm down.

00:25:40.280 All right.

00:25:41.860 Let me give you some tips

00:25:43.240 for talking to other people

00:25:47.880 and of panic.

00:25:50.220 You know, in a time like this

00:25:52.220 of national concern,

00:25:54.440 where we're all looking

00:25:55.320 at this coronavirus stuff,

00:25:57.500 I think you notice

00:26:00.060 that a lot of citizens

00:26:01.180 just jump into the breach.

00:26:03.480 And people say,

00:26:04.180 all right, what's my contribution?

00:26:06.280 What's the thing I can do

00:26:07.680 where I can help?

00:26:09.820 And you just see,

00:26:10.500 it's really inspirational

00:26:13.060 and amazing

00:26:13.800 and makes you feel good

00:26:15.680 to be alive.

00:26:16.380 And I never want to feel good

00:26:18.260 about a disaster,

00:26:19.200 especially ones

00:26:19.840 where people are dying.

00:26:21.000 but there is something

00:26:22.680 about it that focuses

00:26:24.600 and improves

00:26:25.740 the human condition.

00:26:28.220 You know,

00:26:28.460 we do get hardened

00:26:29.900 by trauma

00:26:31.700 and formed by trauma.

00:26:33.660 And this is certainly

00:26:34.500 one of those cases.

00:26:35.200 So there's something horrible

00:26:37.220 about this,

00:26:37.940 a lot horrible about it,

00:26:39.720 the coronavirus,

00:26:40.700 and there's something

00:26:41.300 beautiful about it.

00:26:43.000 And it can be true 1.00

00:26:44.220 at the same time.

00:26:45.780 You know,

00:26:46.200 the way people are reacting,

00:26:48.800 you know,

00:26:48.960 the people who are jumping

00:26:49.940 into the breach

00:26:50.720 and saying,

00:26:51.820 you know,

00:26:52.120 you're not,

00:26:52.600 you know,

00:26:52.880 not on my watch.

00:26:53.800 You know,

00:26:55.260 the whole,

00:26:55.700 the whole civilization,

00:26:58.460 you know,

00:26:58.860 sort of acted as one

00:27:00.100 and said,

00:27:01.520 yeah,

00:27:02.080 yeah,

00:27:02.620 virus,

00:27:03.640 take your best shot,

00:27:04.660 but it's not going

00:27:05.420 to be on my watch.

00:27:06.660 You know,

00:27:07.020 so watching people jump in,

00:27:09.920 risking their life,

00:27:11.400 you know,

00:27:11.720 their,

00:27:12.560 their happiness,

00:27:13.580 their pleasure,

00:27:15.040 sacrificing,

00:27:16.200 you know,

00:27:16.500 their sleep,

00:27:17.520 their,

00:27:17.900 their personal safety.

00:27:19.800 And we have no shortage.

00:27:22.120 Have you ever heard

00:27:24.520 anybody say

00:27:25.460 since this started,

00:27:27.540 has anybody said

00:27:28.320 there's a shortage

00:27:29.640 of people

00:27:30.160 who want to help?

00:27:32.320 No.

00:27:33.520 No.

00:27:33.940 There's no shortage

00:27:34.840 of people who want to help.

00:27:36.420 And it's really

00:27:37.040 dangerous stuff.

00:27:38.800 So,

00:27:39.280 that's amazing.

00:27:40.200 We should not lose sight

00:27:41.020 of that.

00:27:41.880 But here's why

00:27:42.500 you should not be

00:27:43.660 as worried

00:27:44.720 as perhaps you are.

00:27:46.220 So these are some tips

00:27:47.140 for talking other people

00:27:48.300 out of their worry.

00:27:49.860 And here's the main one.

00:27:50.820 We're confusing

00:27:52.660 statistical risk

00:27:54.120 with personal risk.

00:27:55.780 And it's because

00:27:56.560 we watch the news.

00:27:58.220 If you never had

00:27:59.260 any news,

00:28:00.380 you'd probably just

00:28:01.100 get a cold

00:28:01.640 and take some days

00:28:03.140 off and go home.

00:28:03.820 And you would never

00:28:04.280 even know there was

00:28:04.820 a problem.

00:28:05.620 So the first thing

00:28:06.240 you have to understand

00:28:06.940 is that the way

00:28:07.560 you feel about

00:28:08.380 the problem

00:28:08.920 has,

00:28:10.220 probably 80% of it,

00:28:13.100 has to do with

00:28:13.980 the way it's being

00:28:14.560 presented to you.

00:28:16.100 And that we live

00:28:16.920 in a world where

00:28:17.680 presenting scary things

00:28:19.220 is a good business

00:28:20.040 model for the news.

00:28:21.260 So you are being

00:28:22.540 scared beyond

00:28:24.420 where the risk

00:28:26.540 might be appropriate

00:28:27.440 for you specifically.

00:28:29.240 Now, it is good

00:28:30.200 to scare society.

00:28:32.540 So society does

00:28:33.640 all the right things.

00:28:34.440 I'm in favor

00:28:34.980 of scaring society.

00:28:36.520 But if you're trying

00:28:37.460 to decide you

00:28:38.840 individually,

00:28:40.200 how scared

00:28:40.760 should you be?

00:28:41.940 Here's what's

00:28:42.600 to keep in mind.

00:28:44.560 The coronavirus

00:28:45.420 is a statistical risk.

00:28:47.440 It's not a personal risk.

00:28:49.720 It is,

00:28:50.760 but it's so small

00:28:51.740 you could almost

00:28:52.420 ignore it.

00:28:53.740 The statistical risk

00:28:54.880 is that there's

00:28:55.420 a guarantee

00:28:56.140 that some thousands

00:28:57.940 of Americans

00:28:58.780 will die from this.

00:29:00.660 Guaranteed.

00:29:01.740 A 100% chance

00:29:03.040 that some number

00:29:04.420 of people,

00:29:05.080 we hope it's not

00:29:05.960 thousands,

00:29:06.540 but, you know,

00:29:07.380 people are dying.

00:29:08.440 There's nothing

00:29:09.420 that will stop

00:29:10.100 some number

00:29:11.280 of people

00:29:11.680 from dying

00:29:12.180 from any flu.

00:29:13.400 This flu

00:29:14.200 or any other flu.

00:29:15.580 So that's just

00:29:16.160 going to happen.

00:29:16.720 It was going

00:29:18.680 to happen anyway

00:29:19.320 at some rate.

00:29:21.100 And we should

00:29:22.300 treat that risk

00:29:23.280 very seriously

00:29:24.680 even if we don't

00:29:25.460 know the names

00:29:26.140 of the people

00:29:26.580 who are going

00:29:26.880 to die.

00:29:27.860 But let's say

00:29:28.660 we're talking

00:29:29.040 about you.

00:29:30.620 What are the odds

00:29:31.460 that you specifically

00:29:32.640 will get a coronavirus

00:29:34.500 and die?

00:29:35.980 So small,

00:29:38.360 it vanishes.

00:29:40.800 Your actual

00:29:41.680 individual risk

00:29:42.740 just disappears.

00:29:43.580 It's a system risk.

00:29:46.640 It's people

00:29:47.120 whose names

00:29:47.660 you don't know

00:29:48.360 who almost certainly

00:29:49.940 are not going

00:29:50.440 to be you.

00:29:51.560 Almost certainly.

00:29:53.180 There will be

00:29:53.820 a lot of them.

00:29:54.420 They have real names.

00:29:55.300 They're real people.

00:29:55.940 We care about them.

00:29:57.760 But almost impossible

00:29:59.380 that it will be

00:30:01.020 you specifically

00:30:02.100 given the nature

00:30:04.220 of this.

00:30:04.920 So that's the first

00:30:05.620 thing people need

00:30:06.200 to know is that

00:30:06.840 when everybody

00:30:07.580 talks about the risk,

00:30:08.680 it's a statistical risk.

00:30:10.100 It's not you.

00:30:11.380 The odds of you

00:30:12.080 dying are nothing.

00:30:14.080 So let's take me

00:30:15.040 as an example.

00:30:16.760 What are the risks

00:30:17.540 that I, Scott Adams,

00:30:18.840 will die of the coronavirus?

00:30:20.340 So small.

00:30:21.980 It's the last thing

00:30:23.160 I'm worried about.

00:30:24.700 But I'm still going

00:30:26.580 to do everything

00:30:27.180 I need to do

00:30:28.000 to protect myself,

00:30:29.280 you know,

00:30:29.520 the staying in a crowd

00:30:30.600 and washing hands

00:30:31.580 and all that stuff,

00:30:32.600 because I'm part

00:30:33.540 of the system.

00:30:35.140 So my contribution

00:30:36.860 to keeping myself

00:30:37.920 healthy actually

00:30:39.160 is not that much

00:30:40.160 about me.

00:30:41.820 You know,

00:30:42.200 I mean,

00:30:42.620 it's good for me,

00:30:44.040 just in case.

00:30:45.680 But it's mostly about

00:30:46.840 if we all do

00:30:47.560 what we're supposed

00:30:48.160 to do to stay healthy

00:30:49.140 and stay uninfected

00:30:50.980 and do what we're

00:30:51.880 supposed to do,

00:30:52.820 we reduce the system risk.

00:30:54.560 So everything you're doing

00:30:55.460 to keep yourself safe,

00:30:57.180 think of it as

00:30:57.860 a system safety.

00:30:59.480 Your actual risk,

00:31:00.840 practically nothing.

00:31:05.540 The other thing

00:31:06.340 I would suggest

00:31:06.960 if people are trying

00:31:08.440 to feel better

00:31:09.200 is to do something.

00:31:10.840 As long as you're

00:31:11.500 doing something,

00:31:12.240 you have a sense

00:31:12.840 of control.

00:31:14.160 I tell you,

00:31:14.680 I've told you

00:31:15.100 that I go for a walk

00:31:16.000 every day in the,

00:31:17.020 you know,

00:31:17.680 especially on the sunny days,

00:31:20.120 get some vitamin D,

00:31:21.720 get mild exercise,

00:31:23.140 keeps my immunity up.

00:31:26.640 I'm making sure

00:31:27.340 I get enough sleep.

00:31:28.420 I'm eating right.

00:31:29.720 I'm doing all those things.

00:31:30.940 So I feel like

00:31:31.600 I'm doing something.

00:31:33.240 You know,

00:31:33.440 I put in some supplies

00:31:34.780 just in case.

00:31:35.640 I don't think

00:31:36.000 we're going to run

00:31:36.500 out of any supplies

00:31:38.100 because supplies

00:31:39.260 are the one things

00:31:40.020 that really isn't,

00:31:42.240 the industries

00:31:43.320 that are at risk

00:31:44.400 are the ones

00:31:44.880 where large gatherings

00:31:45.980 get together,

00:31:47.500 you know,

00:31:47.680 events and restaurants

00:31:49.060 and such.

00:31:50.120 The ones that are

00:31:50.940 not at risk

00:31:51.700 because you can still

00:31:53.280 operate even if

00:31:54.080 a lot of employees

00:31:55.000 are sick that week

00:31:56.280 are things that make stuff.

00:31:58.780 So I don't think

00:31:59.780 we're going to run

00:32:00.280 out of stuff.

00:32:01.420 We're not going to run

00:32:02.100 out of electricity

00:32:02.820 and water

00:32:04.080 and toilet paper

00:32:05.720 and food.

00:32:07.240 I just don't think

00:32:08.020 that's going to happen.

00:32:09.820 I think you just still,

00:32:11.020 your recreation

00:32:11.760 will be limited

00:32:13.180 for a while.

00:32:15.840 Here's some more context.

00:32:18.840 Humanity is really good

00:32:20.280 at emergencies.

00:32:21.620 Really good.

00:32:23.340 And already we've got to,

00:32:24.960 you know,

00:32:25.180 China's got a handle on it.

00:32:26.520 And how hard was that?

00:32:28.400 South Korea's got 0.92

00:32:29.420 a handle on it now.

00:32:30.320 The number of new cases

00:32:31.220 are decreasing.

00:32:32.580 How hard was that?

00:32:34.200 How many people

00:32:34.900 are there in China

00:32:35.640 and South Korea

00:32:36.340 were infected

00:32:37.040 and they still got

00:32:38.100 a hold of it?

00:32:39.780 Pretty impressive.

00:32:41.540 Pretty impressive.

00:32:42.940 I would suggest people

00:32:44.080 that they stop

00:32:44.740 binge watching

00:32:45.500 all the virus porn

00:32:46.860 because the news

00:32:48.160 talks about

00:32:48.740 whatever's in the news,

00:32:50.180 whatever,

00:32:50.660 you know,

00:32:51.060 whatever's interesting.

00:32:52.140 It doesn't mean

00:32:52.960 you have to watch

00:32:53.500 all of it.

00:32:55.140 It might be good enough

00:32:56.240 just to,

00:32:56.860 you know,

00:32:57.180 pick up the statistics

00:32:58.300 every day and say,

00:32:59.240 okay,

00:32:59.540 how does it look today?

00:33:00.300 All right,

00:33:00.720 let's go on with my day.

00:33:03.680 I also recommend

00:33:04.760 that you make

00:33:05.220 stress relief

00:33:06.060 a full-time job.

00:33:10.000 So don't allow yourself

00:33:12.360 to just get more

00:33:13.760 and more stressed

00:33:14.740 and say,

00:33:15.220 well,

00:33:15.400 I can handle it.

00:33:17.360 Just go after it

00:33:18.620 because your stress level

00:33:20.300 is what's degrading

00:33:22.360 your immune response.

00:33:23.960 so at least

00:33:25.720 during the time

00:33:27.380 of the coronavirus risk,

00:33:29.080 I would say

00:33:30.080 you should make it

00:33:31.820 your full-time job

00:33:32.820 to get a nap,

00:33:34.060 relax,

00:33:34.800 do some meditating,

00:33:36.520 exercise,

00:33:38.100 you know,

00:33:38.300 do whatever it takes

00:33:39.480 for you to reduce

00:33:41.100 some stress

00:33:41.840 because that will

00:33:42.940 reduce your cortisol levels

00:33:44.500 and make you safer.

00:33:46.500 So those are

00:33:47.340 the main things.

00:33:47.920 reminding people

00:33:50.500 that the risk

00:33:51.140 is vanishingly small,

00:33:52.380 actually smaller

00:33:53.040 than driving a car,

00:33:54.380 smaller than getting

00:33:55.080 in a plane in general.

00:33:56.740 It's as small

00:33:57.400 as you can get.

00:34:00.000 Somebody's talking

00:34:00.700 about the

00:34:01.160 William Hoff method

00:34:02.780 of breathing

00:34:03.780 to boost immunity.

00:34:05.540 You can read up

00:34:06.500 on that.

00:34:06.960 William Hoff

00:34:07.620 breathing method,

00:34:09.240 just Google it

00:34:10.040 and you can make

00:34:11.540 your own decision

00:34:12.120 about that.

00:34:12.620 somebody says

00:34:14.660 wash your bananas.

00:34:16.220 Okay.

00:34:18.080 So,

00:34:18.980 let's try to make

00:34:20.640 something positive

00:34:21.720 out of this

00:34:22.520 coronavirus.

00:34:23.580 We're all going

00:34:23.920 to be staying home,

00:34:24.800 staying out of crowds,

00:34:26.040 or at least

00:34:26.420 those of us

00:34:27.200 of a certain age.

00:34:28.480 Figure out

00:34:28.920 what you can do,

00:34:30.280 where you can

00:34:30.960 come out ahead.

00:34:31.780 At the end of three months,

00:34:33.320 have a new skill,

00:34:34.340 be a little more fit,

00:34:35.360 be a little more relaxed,

00:34:36.660 learn how to meditate,

00:34:37.860 do something useful.

00:34:40.280 All right.

00:34:42.620 Let's talk about

00:34:47.460 the funniest story

00:34:48.520 of the day.

00:34:49.800 This is the funniest

00:34:50.880 political story,

00:34:53.620 and it's funny

00:34:54.880 for all the wrong reasons.

00:34:56.540 I mean,

00:34:56.820 there's a schadenfreude here,

00:34:58.720 meaning that I enjoy

00:34:59.620 other people's

00:35:00.780 misfortune,

00:35:01.740 but they had it coming,

00:35:03.640 so this is different.

00:35:05.260 So,

00:35:05.580 you've all seen it now,

00:35:06.600 by now,

00:35:07.080 the Biden

00:35:07.780 sound clip

00:35:10.060 and video clip

00:35:10.820 in which he seems

00:35:11.920 to be

00:35:12.380 all confused

00:35:13.620 and at the end

00:35:14.440 he says something

00:35:15.120 about

00:35:16.100 helping President Trump

00:35:18.980 get elected.

00:35:20.060 It just doesn't

00:35:20.680 make any sense.

00:35:21.880 Well,

00:35:22.060 it turns out

00:35:22.640 that it's

00:35:23.960 an edited clip.

00:35:26.160 And when I say edited,

00:35:27.380 I don't mean

00:35:27.860 that any of the clip

00:35:29.180 that you're seeing

00:35:29.860 is edited,

00:35:30.780 but rather

00:35:31.280 they cut out

00:35:31.920 the last few seconds

00:35:33.060 after the clip.

00:35:34.860 If you had seen

00:35:35.740 the last few seconds,

00:35:37.020 you would know

00:35:37.540 that the sentence

00:35:38.440 where Biden

00:35:39.720 appears to be saying,

00:35:41.000 we'll do nothing

00:35:42.440 but elect

00:35:43.420 President Trump,

00:35:45.560 he's not endorsing him.

00:35:47.660 The rest of the sentence

00:35:48.640 is something like,

00:35:50.360 I'm just paraphrasing here,

00:35:51.740 but it's something like,

00:35:52.860 we'll elect

00:35:53.620 President Trump

00:35:54.380 unless we do

00:35:56.240 X,

00:35:56.620 Y,

00:35:56.800 Z.

00:35:57.700 So,

00:35:58.340 the part that's cut out

00:35:59.300 is the unless

00:36:00.060 we do X,

00:36:00.740 Y,

00:36:00.940 Z.

00:36:01.460 And if you cut that out,

00:36:02.420 it looks like he's

00:36:03.200 accidentally so confused

00:36:05.140 he endorsed

00:36:05.700 President Trump.

00:36:06.560 And that's the way

00:36:08.260 people are having fun

00:36:09.180 with it.

00:36:09.920 Now,

00:36:10.340 does that sound familiar?

00:36:12.180 Yes,

00:36:12.680 it does.

00:36:13.260 Because it's exactly

00:36:14.100 what the left

00:36:15.080 did to President Trump

00:36:16.340 with the fine people hoax.

00:36:19.300 And what do people say

00:36:21.040 when they see

00:36:22.520 the fine people hoax video?

00:36:23.960 They say,

00:36:24.820 Scott,

00:36:25.260 Scott,

00:36:25.580 Scott,

00:36:26.240 I'm not mistaken.

00:36:27.860 I'm looking at

00:36:28.720 the actual

00:36:29.440 unedited video

00:36:30.720 of what the president said

00:36:32.020 and I'm watching him

00:36:33.580 call those Nazis

00:36:34.420 fine people.

00:36:35.400 It's right there.

00:36:36.000 I'm looking at it.

00:36:37.100 I believe my own ears

00:36:38.280 and my own eyes.

00:36:39.740 And then you say,

00:36:40.420 yeah,

00:36:40.960 but they cut out

00:36:41.800 the last part

00:36:42.620 where he made sure

00:36:43.600 that you didn't think that

00:36:44.680 by saying,

00:36:45.760 in case you had

00:36:46.860 accidentally thought that.

00:36:48.820 He doesn't say that part.

00:36:50.140 But he says,

00:36:51.840 he clarifies,

00:36:52.940 he says,

00:36:53.500 and I'm not talking

00:36:54.880 about the neo-Nazis

00:36:56.040 and the white nationalists

00:36:57.780 who should be condemned

00:36:58.660 totally.

00:36:59.420 So you cut that part out

00:37:00.600 and you leave

00:37:02.240 the first part

00:37:02.960 and it reverses

00:37:04.560 the meaning.

00:37:05.020 It reverses it.

00:37:06.400 It's 100% different

00:37:07.520 than the actual meaning.

00:37:09.520 Now,

00:37:10.040 what did people say

00:37:10.960 when I said,

00:37:11.560 hey,

00:37:11.760 that fine people

00:37:12.580 clip is edited?

00:37:15.380 They said,

00:37:16.020 Scott,

00:37:16.480 Scott,

00:37:16.780 Scott,

00:37:17.220 it's not edited.

00:37:19.380 I watched it live.

00:37:21.120 I watched it on tape.

00:37:22.260 It's the same thing

00:37:22.920 I watched live.

00:37:23.680 There's nothing edited.

00:37:24.560 It's exactly

00:37:25.300 what he said.

00:37:26.500 And they can't seem

00:37:28.740 to understand

00:37:29.520 that the part

00:37:30.700 that got left out

00:37:31.520 reversed its meaning

00:37:32.660 until Joe Biden

00:37:36.560 had it happen to him.

00:37:38.200 And this is the fun part

00:37:39.560 because it's exactly

00:37:41.280 the same.

00:37:42.500 It's exactly

00:37:43.360 the same trick.

00:37:44.680 They just took out

00:37:45.440 the last part

00:37:46.040 that reversed its meaning,

00:37:47.840 put it out there,

00:37:48.680 and some millions

00:37:50.920 of people

00:37:51.560 saw the original

00:37:52.880 clip.

00:37:54.740 You know,

00:37:54.920 millions saw

00:37:56.060 the clip

00:37:56.540 without the part

00:37:58.120 on the end.

00:37:59.380 And then it gets,

00:38:00.760 you know,

00:38:01.180 people realize

00:38:02.380 that that's misleading

00:38:03.480 and they put out

00:38:04.940 the correction.

00:38:06.440 But how many people

00:38:07.240 see the correction?

00:38:09.500 10%,

00:38:10.180 maybe?

00:38:10.700 So you get

00:38:12.560 a 9-to-1 benefit

00:38:14.200 with the fake news clip.

00:38:17.900 Now,

00:38:19.060 there are some of you

00:38:20.240 who are protesting

00:38:21.200 and you're saying,

00:38:22.600 Scott, Scott, Scott,

00:38:23.520 the Biden clip

00:38:24.380 is not misleading

00:38:25.520 because the point of it

00:38:27.160 is not that anybody

00:38:28.020 really thought

00:38:28.660 he was endorsing

00:38:29.440 President Trump.

00:38:30.520 Nobody really thought

00:38:31.380 that.

00:38:32.160 That was just funny.

00:38:34.040 But they did think

00:38:34.880 he was doddering

00:38:36.320 and confused.

00:38:37.780 Yeah,

00:38:38.120 that's true.

00:38:39.640 That's true.

00:38:40.700 Yeah,

00:38:40.920 it does show him

00:38:41.640 doddering and confused.

00:38:42.900 I would agree with that.

00:38:45.060 But,

00:38:46.180 doddering and confused

00:38:47.700 in a way

00:38:48.240 that's not entirely different

00:38:49.880 from this stuttering

00:38:51.100 excuse that he's using.

00:38:54.060 Which isn't a bad excuse,

00:38:55.700 I gotta say.

00:38:57.560 So Biden has said

00:38:59.080 that he's had

00:38:59.900 a stutter in the past.

00:39:01.520 Some have suggested

00:39:02.420 that he uses a trick

00:39:04.940 where if he feels

00:39:06.120 a stutter coming,

00:39:07.200 a word that he doesn't

00:39:08.060 want to pronounce,

00:39:08.740 that stutterers

00:39:10.680 have learned

00:39:11.100 to do a workaround

00:39:12.080 where they use

00:39:12.660 other words instead

00:39:13.800 and you can become

00:39:15.620 not fluent

00:39:16.820 because you're thinking

00:39:18.100 too hard about

00:39:18.900 substituting words

00:39:20.220 and then you sound

00:39:20.880 confused

00:39:21.540 but what you're really

00:39:22.760 doing is trying

00:39:23.420 to think and talk

00:39:25.120 and substitute words

00:39:26.680 at the same time

00:39:27.440 and it's just too much.

00:39:28.820 Now,

00:39:29.040 I happen to have

00:39:29.560 some experience

00:39:30.300 with that

00:39:30.740 because I had

00:39:31.280 a voice problem

00:39:31.980 for three and a half years.

00:39:33.600 It wasn't a stutter

00:39:34.280 but I had the same issue.

00:39:35.220 There were some words

00:39:35.940 I couldn't pronounce

00:39:36.860 and I would do

00:39:39.880 that same trick.

00:39:40.960 I would try to say sentences.

00:39:42.900 So if I asked

00:39:43.480 for a Diet Coke

00:39:44.500 because I had

00:39:46.160 a voice problem

00:39:47.120 in which I could

00:39:47.960 not pronounce Coke,

00:39:51.360 I would have

00:39:52.140 to say something.

00:39:53.700 I'll have my usual.

00:39:55.280 It's a soda.

00:39:56.260 It's the brown one. 0.52

00:39:57.940 It's the one

00:39:58.580 I usually have

00:39:59.360 and then I just

00:40:00.240 sound like an idiot

00:40:01.000 because I'm just

00:40:02.260 trying to talk around

00:40:03.180 using the word Coke

00:40:04.300 because I know my mouth

00:40:05.680 can't pronounce it.

00:40:06.920 So,

00:40:07.920 is Joe Biden losing it?

00:40:10.060 I think obviously yes.

00:40:11.940 I think there is something

00:40:13.000 about that stutter

00:40:14.140 workaround thing

00:40:15.180 that is true

00:40:16.720 but I think

00:40:18.360 he used to be

00:40:19.280 better at it

00:40:20.220 because he was

00:40:22.280 a little more,

00:40:23.160 let's say,

00:40:24.120 sharp.

00:40:25.220 So I don't think

00:40:26.260 that the excuse

00:40:27.140 of him talking

00:40:27.920 around the stutter

00:40:29.300 is telling you

00:40:31.920 everything you need

00:40:32.580 to know.

00:40:33.020 I think he probably

00:40:33.660 always did it

00:40:34.760 but we didn't

00:40:35.920 notice before

00:40:36.680 because he was

00:40:37.240 a little more

00:40:38.140 clever about it.

00:40:42.080 So anyway,

00:40:42.900 that's just sort

00:40:43.400 of a beautiful karma

00:40:44.320 that the Democrats

00:40:45.460 are having to deal

00:40:46.140 with that.

00:40:47.000 There's an article

00:40:47.900 in Breitbart

00:40:49.920 today,

00:40:51.380 a little write-up

00:40:52.400 of an interview

00:40:53.060 I did on the radio

00:40:53.840 with Joel Pollack

00:40:55.100 last night

00:40:55.780 about Bernie and Biden.

00:40:57.260 If you want to see that,

00:40:58.880 you might see

00:40:59.540 my opinion

00:41:00.000 on what's going

00:41:00.840 to happen

00:41:01.140 in the election.

00:41:01.840 Why isn't Bernie

00:41:07.060 making Biden's

00:41:08.220 decline

00:41:08.940 an issue?

00:41:10.340 Well,

00:41:11.160 that seems

00:41:12.120 to be consistent

00:41:12.960 with Bernie.

00:41:14.260 So Bernie

00:41:14.760 has been trying

00:41:15.620 to run

00:41:16.160 a campaign

00:41:17.560 that's not

00:41:18.060 about the people

00:41:18.800 but is a little

00:41:19.940 bit more about

00:41:20.740 the policies.

00:41:22.260 Of course,

00:41:22.760 he went after

00:41:23.240 President Trump

00:41:24.080 for allegedly

00:41:26.440 being racist

00:41:27.220 so he does

00:41:27.860 go after people

00:41:28.580 if he needs to

00:41:29.360 but maybe

00:41:30.780 it's because

00:41:31.140 they're friends.

00:41:32.500 Maybe it's because

00:41:33.180 he thinks

00:41:33.580 Biden might

00:41:34.180 get the nomination

00:41:34.980 and it's better

00:41:36.380 to support him.

00:41:38.200 It's hard to know

00:41:38.980 what Bernie's thinking

00:41:39.740 but if I had

00:41:41.960 to guess,

00:41:43.380 well,

00:41:44.080 so I predicted

00:41:45.020 that Bernie

00:41:46.040 will have at least

00:41:46.760 one more surge.

00:41:48.500 Could be more

00:41:49.240 than one

00:41:49.620 but I think

00:41:50.140 he'll have at least

00:41:50.660 one more surge

00:41:51.420 and it could be

00:41:51.960 coming really soon

00:41:52.820 and it could be

00:41:54.060 becoming because

00:41:54.900 of this,

00:41:55.960 if he decides

00:41:56.840 to talk about

00:41:57.520 Biden's mental decline

00:41:59.120 that should be

00:42:00.520 enough to give

00:42:01.340 him another surge

00:42:02.280 so it might happen.

00:42:05.260 All right.

00:42:07.740 So tomorrow

00:42:08.540 we've got another

00:42:09.440 primary

00:42:11.320 so we'll find out

00:42:12.220 what's what

00:42:12.620 after that.

00:42:16.020 All right.

00:42:16.580 I'm just looking

00:42:16.980 at your comments.

00:42:21.180 All right.

00:42:22.060 Looks like

00:42:22.480 that's all we got going.

00:42:24.040 I'm kind of hating

00:42:25.100 all of this

00:42:25.820 coronavirus news

00:42:28.000 because it's

00:42:29.560 interesting

00:42:30.980 because it's important

00:42:31.920 but it's not

00:42:32.680 different enough

00:42:33.400 every day.

00:42:34.120 I would like to

00:42:34.920 talk about

00:42:35.360 better things.

00:42:38.380 Did I buy more

00:42:39.400 Amazon stock today?

00:42:42.260 I'm all in

00:42:43.180 on the market

00:42:43.740 so I'm

00:42:44.740 just going to

00:42:46.180 wait it out

00:42:46.980 however long

00:42:47.720 it takes

00:42:48.120 but I did

00:42:49.700 load up

00:42:50.820 on Amazon

00:42:51.580 when it dipped.

00:42:55.820 Wait, wait

00:42:57.960 can you talk

00:42:58.480 more about

00:42:58.920 the oil industry

00:42:59.920 please?

00:43:00.860 Did you have

00:43:01.300 a specific question?

00:43:02.700 I'm certainly

00:43:03.180 no expert

00:43:03.780 on the oil industry

00:43:04.680 but the bottom

00:43:06.440 line is that

00:43:07.120 consumers will get

00:43:07.960 lower costs

00:43:08.780 that's the stimulus

00:43:09.820 the industry

00:43:10.700 the shale industry

00:43:11.440 might get wiped out

00:43:12.320 we'll see how this goes.

00:43:15.260 All right.

00:43:16.360 That's all we got

00:43:16.920 for now

00:43:17.280 and I will talk

00:43:18.000 to you tomorrow.

00:43:19.060 We'll see you tomorrow.

Real Coffee with Scott Adams - March 09, 2020

Episode 845 Scott Adams： Oil Prices, Coronavirus, Stock Market, Oh My! Sip Coffee and Chillax With Me

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