WEBVTT - The Next Two Years of the Virus

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<v Speaker 1>Welcome to Prognosis. I'm Laura Carlson. It's day one four

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<v Speaker 1>since coronavirus was declared a global pandemic. Our main story.

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<v Speaker 1>It's now clear that the virus isn't going away anytime soon,

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<v Speaker 1>and we shouldn't hang our hopes on a quick vaccine.

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<v Speaker 1>Today we look at what it means to learn to

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<v Speaker 1>live with a pandemic. But first, here's what happened in

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<v Speaker 1>virus news today. We're starting to get an answer to

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<v Speaker 1>the question of whether warm weather could curb the virus,

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<v Speaker 1>and it's not the one we'd like. Anthony Fauci, the

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<v Speaker 1>country's top infectious disease expert, told Bloomberg the IRUs isn't

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<v Speaker 1>taking summer off. That's clear from its persistent spread in

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<v Speaker 1>US Sun Belt states like Florida, Texas, and Arizona. Dr

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<v Speaker 1>Fauci said it doesn't look like there's any significant impact

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<v Speaker 1>right now from the weather. Looking past this summer, a

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<v Speaker 1>new study will make good fodder for the debate about

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<v Speaker 1>whether to send kids back to school in the fall.

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<v Speaker 1>It looks like school kids don't spread the virus to

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<v Speaker 1>classmates and teachers, at least according to a study at

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<v Speaker 1>the French Institute pasture. The study found that children appear

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<v Speaker 1>to show fewer tell tale symptoms than adults and be

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<v Speaker 1>less contagious. That could provide justification to some for reopening schools.

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<v Speaker 1>Tennis player Novak Djokovic tested positive for COVID nineteen, two

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<v Speaker 1>days after his exhibition tour in the Balkans was cut short.

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<v Speaker 1>The Adria tour was cut short after several other participants

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<v Speaker 1>tested positive. Djokovic's public relation team emailed a statement today

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<v Speaker 1>confirming that he also had the disease. Djokovic said in

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<v Speaker 1>a statement that he was extremely sorry for each individual

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<v Speaker 1>case of infection. He and the event had been criticized

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<v Speaker 1>for embracing few virus restrictions and for holding parties in Belgrade,

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<v Speaker 1>and now for today's main story. More than six months

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<v Speaker 1>into a shape shifting pandemic that's killed more than four

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<v Speaker 1>hundred and fifty four thousand people worldwide, it's clear the

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<v Speaker 1>virus is winning. Most experts believe an effective vaccine won't

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<v Speaker 1>be ready until well into one So how do we

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<v Speaker 1>adjust our thinking from beating the virus to coexisting with it?

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<v Speaker 1>I spoke with Michelle fa Cortez about the next phase

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<v Speaker 1>of the virus and what public health professionals say we

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<v Speaker 1>have to do to survive it. Now that we do

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<v Speaker 1>have a little bit more information, both for the US

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<v Speaker 1>and globally, what are the takeaways. What do we know,

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<v Speaker 1>What does the next six months look like? What don't

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<v Speaker 1>we know? At this point? The virus is still winning,

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<v Speaker 1>The virus still still spreading widely in areas where we

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<v Speaker 1>had had some success against it. It's coming back in

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<v Speaker 1>when we look at places like Beijing and in different

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<v Speaker 1>parts of Asia, we're seeing new rising cases. But the

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<v Speaker 1>bottom line is we have learned a lot about it

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<v Speaker 1>and the next six months are going to be critical.

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<v Speaker 1>The virus only has one job, and that's for it

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<v Speaker 1>to spread from person to person. We have to take

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<v Speaker 1>care of everything. We have to figure out how the

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<v Speaker 1>virus works, where it came from, how we can treat it,

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<v Speaker 1>how we can prevent it, and what does that look

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<v Speaker 1>like on the ground. As far as you know, some

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<v Speaker 1>states are opening up, some states are thinking about actually

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<v Speaker 1>imposing new restrictions. What have we learned in terms of

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<v Speaker 1>how these lockdowns work, Are they successful or what are

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<v Speaker 1>some of the other elements that have been adopted or

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<v Speaker 1>should be adopted that have been shown to be successful

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<v Speaker 1>against the virus. There are a lot of things that

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<v Speaker 1>we've learned where we've had success, and it's interesting because

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<v Speaker 1>we know what we should be doing, we just don't

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<v Speaker 1>know exactly how we should be doing it. So the

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<v Speaker 1>ability to shut the virus down through things like wearing

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<v Speaker 1>masks and social distancing and staying inside actually worked phenomenally well,

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<v Speaker 1>perhaps to our detriment, because in a lot of places

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<v Speaker 1>in the country, people are saying, I haven't been infected,

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<v Speaker 1>no one in my family has been infected. I don't

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<v Speaker 1>even know anyone who has been affected, and so it's

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<v Speaker 1>very hard for people to follow some of these rules

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<v Speaker 1>when they don't see any practical implications for themselves. But

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<v Speaker 1>the bottom line is is that the reason why you

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<v Speaker 1>don't see anything is because it did work. The concern

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<v Speaker 1>with public health officials is that we're not even out

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<v Speaker 1>of this first wave yet. They're concerned that these rising

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<v Speaker 1>cases we have, especially in the South and in the

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<v Speaker 1>West and in other places around the world, that we're

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<v Speaker 1>going to get to a second peak within this first wave,

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<v Speaker 1>and then eventually, maybe by the end of the summer,

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<v Speaker 1>we're going to start seeing it dropped down. The concern

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<v Speaker 1>is is that in the fall and in the winter

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<v Speaker 1>we're going to see another surge, a second wave again

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<v Speaker 1>that could be worse than the first one. Even with

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<v Speaker 1>all this experience that we have gained over the last

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<v Speaker 1>few months, what are some still lingering uncertainties that we

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<v Speaker 1>have about the virus and how to combat it. There's

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<v Speaker 1>still so many uncertainties here. The biggest one is how

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<v Speaker 1>long is any type of immunity gonna last? And that

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<v Speaker 1>means if you survived a coronavirus infection, how long are

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<v Speaker 1>you protected against getting it again. Certainly everyone's hoping for

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<v Speaker 1>the rest of your life, but existing coronavirus is sometimes

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<v Speaker 1>only offer three to five years of protection, and there's

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<v Speaker 1>some evidence that there are people who don't produce any

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<v Speaker 1>neutralizing antibodies, so they could be theoretically at risk from

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<v Speaker 1>getting it again immediately. Because the virus is so new,

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<v Speaker 1>we don't have really good ideas about that, so that's

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<v Speaker 1>a massive amount of uncertainty. The other big uncertainty is

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<v Speaker 1>with the virus itself. Public health officials don't like to

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<v Speaker 1>talk about it much, but in truth, viruses mutate, and

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<v Speaker 1>we have no idea how or where this virus is

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<v Speaker 1>going to mutate. It could be good news. We saw

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<v Speaker 1>with Stars it mutated and it became less deadly, so

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<v Speaker 1>we can all hope for that. But it could also

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<v Speaker 1>mutate and become even more deadly or easier spreading among

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<v Speaker 1>the population. So no one wants to bank on on

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<v Speaker 1>that either direction. So we could have better results as

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<v Speaker 1>a result of the virus moving, we could have worse

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<v Speaker 1>results as a result of the virus mutating. And for now,

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<v Speaker 1>they're just keeping on keeping on. And I was wondering,

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<v Speaker 1>maybe if you could just sketch how maybe the next

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<v Speaker 1>six months or even a year might go in that

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<v Speaker 1>we're not necessarily done with coronavirus, but that we might

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<v Speaker 1>maybe be facing a say rubber band effect of loosening

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<v Speaker 1>and then tightening restrictions. The immediate impact that things that

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<v Speaker 1>are going to be happening over the next month or

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<v Speaker 1>two is actually a time when we should be seeing

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<v Speaker 1>cases decline. This is a respiratory infection. Everyone believes that

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<v Speaker 1>it will be like every other respiratory infection in that

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<v Speaker 1>it's cyclical and seasonal, so it should be decreasing in

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<v Speaker 1>the summer months in the North and Hemisphere. Every other

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<v Speaker 1>virus works like this in a normal situation. That's how

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<v Speaker 1>viruses work, and so it should be declining. But we

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<v Speaker 1>saw it with swine flew and with other viruses. When

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<v Speaker 1>something is brand new and everyone is vulnerable. If you

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<v Speaker 1>have people really close together, the virus's job is just

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<v Speaker 1>to spread from one vulnerable person to the other person,

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<v Speaker 1>and it does that very efficiently. That seasonal experience doesn't

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<v Speaker 1>come through as strong in a situation where the entire

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<v Speaker 1>world is exposed, so they're they're still expecting to have

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<v Speaker 1>a drop in the summer months. So they're thinking that

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<v Speaker 1>because people are not social distancing right now, because there

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<v Speaker 1>is so much proximity to each other, that we're seeing

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<v Speaker 1>an increase right now, but in in July and August,

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<v Speaker 1>they really do expect the numbers to come down. That's

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<v Speaker 1>both a welcome change that's also a fear because if

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<v Speaker 1>everybody starts getting back together, then when fall and winter

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<v Speaker 1>come along, we're going to start having influenza season as well.

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<v Speaker 1>And we've seen from previous outbreaks that the second wave

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<v Speaker 1>is worse than the first wave. The first wave just

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<v Speaker 1>primed everybody for this virus. The second wave could be

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<v Speaker 1>even much stronger, and even though nobody wants to hear it.

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<v Speaker 1>There are definitely some people out there who are talking

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<v Speaker 1>about how we're going to shut down a second time. So,

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<v Speaker 1>you know, we're still looking at a dramatic rise in

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<v Speaker 1>case counts. We're still looking at, you know, having this

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<v Speaker 1>virus with us for months, if not years. Is there

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<v Speaker 1>is there any kind of lights um on the horizon?

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<v Speaker 1>Is there any good news that we can point to

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<v Speaker 1>right now? Absolutely, we have learned so much about this virus,

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<v Speaker 1>information that we can actually use on a day to

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<v Speaker 1>day basis to make things better. So we do have

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<v Speaker 1>a medicine that helps people who are hospitalized rem deservie

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<v Speaker 1>and that helps people get out of the hospital more quickly,

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<v Speaker 1>and hopefully it will improve mortality rates. It will help

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<v Speaker 1>people avoid dying from this. That's still to come, but

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<v Speaker 1>the numbers look like they're moving in the right direction

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<v Speaker 1>and that's a psychological relief as well. Some of the

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<v Speaker 1>concern with coronavirus is there was no way to treat it,

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<v Speaker 1>and so it's just terrifying to think that you're dealing

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<v Speaker 1>with something that is untreatable. Now we have a treatment.

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<v Speaker 1>We also know that deck's a method zone, which is

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<v Speaker 1>a steroid also does actually improve mortality rates. So we

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<v Speaker 1>have two treatments that have been scientifically proven to be helpful.

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<v Speaker 1>There has been enormous progress when it comes to a vaccine.

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<v Speaker 1>There are ten different vaccine products that are in human

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<v Speaker 1>clinical trials now. The pace of this work is breathtaking.

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<v Speaker 1>The most quickly they have ever developed a vaccine before

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<v Speaker 1>is four years. They're looking at twelve to eighteen months

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<v Speaker 1>this time around. I'm still on the fence about whether

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<v Speaker 1>they're going to get there in twelve to eighteen months,

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<v Speaker 1>but they're definitely going to get there. If it can

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<v Speaker 1>be gotten, they will get there at some point for coronavirus.

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<v Speaker 1>So the fact that we're looking at potentially a second wave,

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<v Speaker 1>hopefully by the time that comes around, we will have

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<v Speaker 1>a vaccine that will offer some protection. Not only that,

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<v Speaker 1>we have a better ppe situation where people can use masks.

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<v Speaker 1>Doctors and nurses have enough gowns and face masks and

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<v Speaker 1>shields to protect them when people are coming in. They

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<v Speaker 1>know how to separate people with coronavirus from those who

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<v Speaker 1>don't have it, how quickly to start medications, how quickly

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<v Speaker 1>to start ventilation. So our ability to treat people who

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<v Speaker 1>have this is better. Our ability to stop ourselves and

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<v Speaker 1>protect ourselves from getting it to begin with is better

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<v Speaker 1>and on ourselves. Everyone gets to make that decision on

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<v Speaker 1>their own, and the long term potential to actually shut

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<v Speaker 1>it down entirely is there. They're working on it, so

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<v Speaker 1>there is hope, so there's there's reasons for shall we say,

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<v Speaker 1>cautious optimism for the future, excellent way of putting it. Yes,

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<v Speaker 1>cautious optimism is a good way to say it. With skepticism.

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<v Speaker 1>Protect yourself, but don't be completely negative about where this

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<v Speaker 1>virus is headed. That was Michelle Fake Cortez and that's

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<v Speaker 1>our show today. For coverage of the outbreak from one

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<v Speaker 1>and twenty bureaus around the world, visit Bloomberg dot com

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<v Speaker 1>slash coronavirus and if you like the show, please leave

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<v Speaker 1>us a review and a rating on Apple Podcasts or Spotify.

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<v Speaker 1>It's the best way to help more listeners find our

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<v Speaker 1>global reporting. The Prognosis Daily edition is produced by Topha Foreheads,

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<v Speaker 1>Jordan Gospure, Magnus Hendrickson and me Laura Carlson. Today's main

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<v Speaker 1>story was reported by Michelle Fake Cortez. Original music by

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<v Speaker 1>Leo Citrin. Our editors are Rick Shine and Francesca Levi.

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<v Speaker 1>Francesco Levi is Bloomberg's head of podcasts. Thanks for listening.