1 00:00:02,800 --> 00:00:05,120 Speaker 1: My name is Lily Maddon and I'm a proud Arunda 2 00:00:05,360 --> 00:00:10,120 Speaker 1: Bungelung Cargoton woman from Gadigol Country. The Daily oz acknowledges 3 00:00:10,200 --> 00:00:12,360 Speaker 1: that this podcast is recorded on the lands of the 4 00:00:12,400 --> 00:00:15,960 Speaker 1: Gadighl people and pays respect to all Aboriginal and Torres 5 00:00:16,000 --> 00:00:18,880 Speaker 1: Strait Island and nations. We pay our respects to the 6 00:00:18,920 --> 00:00:21,680 Speaker 1: first peoples of these countries, both past and present. 7 00:00:28,600 --> 00:00:30,840 Speaker 2: Good morning and welcome to the Daily os. It's Monday, 8 00:00:30,880 --> 00:00:34,640 Speaker 2: the twenty first of November. I'm Sam, I'm Zara. Delivero 9 00:00:34,760 --> 00:00:38,760 Speaker 2: has come to an end in Australia. Champagne is running 10 00:00:38,760 --> 00:00:42,560 Speaker 2: out of Champagne and young people are going into debt 11 00:00:42,600 --> 00:00:46,000 Speaker 2: from spending too much on dating. There's a thread that 12 00:00:46,120 --> 00:00:49,240 Speaker 2: joins all of these stories together, I promise, and later 13 00:00:49,280 --> 00:00:51,400 Speaker 2: in the deep dive Maddie and Sophie from your own 14 00:00:51,400 --> 00:00:54,640 Speaker 2: Good Company will join me to unravel them. But first, Sarah, 15 00:00:54,720 --> 00:00:56,120 Speaker 2: what's making headlines this morning? 16 00:01:02,600 --> 00:01:05,720 Speaker 3: Twitter's future is uncertain after new owner and now CEO 17 00:01:05,880 --> 00:01:09,759 Speaker 3: Elon Musk locked staff out of offices temporarily last week, 18 00:01:09,800 --> 00:01:13,280 Speaker 3: and that was, of course, amid mass resignations. A message 19 00:01:13,319 --> 00:01:16,480 Speaker 3: to staff posted by Musk on Friday said that officers 20 00:01:16,480 --> 00:01:20,280 Speaker 3: would open later today. Musk had called on employees to 21 00:01:20,319 --> 00:01:23,480 Speaker 3: sign up for quote long hours at high intensity or 22 00:01:23,520 --> 00:01:24,440 Speaker 3: depart the company. 23 00:01:26,120 --> 00:01:28,520 Speaker 2: The Medibank hackers have released a new batch of stolen 24 00:01:28,640 --> 00:01:32,280 Speaker 2: information on the dark web. Almost fifteen hundred health records 25 00:01:32,280 --> 00:01:34,720 Speaker 2: were published in the dump on Sunday morning, with the 26 00:01:34,720 --> 00:01:38,040 Speaker 2: company CEO David Coska saying they are in the process 27 00:01:38,040 --> 00:01:41,119 Speaker 2: of contacting the affected people and they've hired three hundred 28 00:01:41,120 --> 00:01:45,800 Speaker 2: more customer service personnel. The AFP said their investigation is continuing. 29 00:01:48,760 --> 00:01:51,559 Speaker 3: The twenty twenty two feet for World Cup has officially 30 00:01:51,680 --> 00:01:54,360 Speaker 3: kicked off, with katar and Ecuador facing off in the 31 00:01:54,400 --> 00:01:58,000 Speaker 3: first game just a few hours ago. Australia's first game 32 00:01:58,080 --> 00:02:01,480 Speaker 3: is against France at six am on Wednesday morning. The 33 00:02:01,480 --> 00:02:04,400 Speaker 3: World Cup final will take place on the eighteenth of December, 34 00:02:04,440 --> 00:02:06,600 Speaker 3: with at least three games a day coming to your 35 00:02:06,640 --> 00:02:08,520 Speaker 3: TVs until the second of December. 36 00:02:10,919 --> 00:02:13,919 Speaker 2: And today's good news, Scientists have photographed the black naped 37 00:02:13,960 --> 00:02:16,239 Speaker 2: peasant pigeon for the first time in one hundred and 38 00:02:16,440 --> 00:02:19,840 Speaker 2: forty years in Papua New Guinea. Last spotted in eighteen 39 00:02:19,919 --> 00:02:22,080 Speaker 2: eighty two, the bird was thought to be extinct but 40 00:02:22,160 --> 00:02:24,800 Speaker 2: was spotted as part of a long term conservation project 41 00:02:24,840 --> 00:02:27,560 Speaker 2: in the area. The co leader of the expedition team, 42 00:02:27,680 --> 00:02:36,160 Speaker 2: Jason greg said it felt like finding a unicorn. I'm 43 00:02:36,200 --> 00:02:39,040 Speaker 2: joined this morning by Maddie and Sophie from your in 44 00:02:39,080 --> 00:02:42,440 Speaker 2: the Good Company. It's their role to explain some of 45 00:02:42,480 --> 00:02:46,000 Speaker 2: the more interesting and weird stories in finance and the 46 00:02:46,000 --> 00:02:50,400 Speaker 2: ones that really affect us and intersect our daily life. 47 00:02:50,440 --> 00:02:53,880 Speaker 2: And there is no more hard hitting finance story than 48 00:02:53,919 --> 00:02:57,239 Speaker 2: the fact that we now have one less food delivery option. 49 00:02:57,880 --> 00:03:00,960 Speaker 2: Maddie tell me about delivery in the last seven days. 50 00:03:01,280 --> 00:03:04,440 Speaker 4: Yeah. So Delivery has just announced that it is shutting 51 00:03:04,480 --> 00:03:08,920 Speaker 4: down operations in Australia and that is effective immediately. It 52 00:03:09,000 --> 00:03:12,120 Speaker 4: comes after being one of the first online delivery companies 53 00:03:12,160 --> 00:03:14,280 Speaker 4: to start up shop in Australia all the way back 54 00:03:14,320 --> 00:03:18,359 Speaker 4: in twenty fifteen. Announce the news via email to customers, 55 00:03:18,400 --> 00:03:20,880 Speaker 4: saying that it was a difficult decision but the company 56 00:03:20,919 --> 00:03:25,360 Speaker 4: faced challenging economic decisions. The statement read that in Australia, 57 00:03:25,480 --> 00:03:28,880 Speaker 4: we have concluded that achieving a sustainable position of leadership 58 00:03:28,880 --> 00:03:32,200 Speaker 4: in the market is not possible without a disproportionate level 59 00:03:32,240 --> 00:03:35,000 Speaker 4: of investment, which would have a highly uncertain return. 60 00:03:35,520 --> 00:03:39,080 Speaker 2: So give me like a real world translation of what 61 00:03:39,200 --> 00:03:43,080 Speaker 2: that statement says is that basically saying we couldn't win, 62 00:03:43,360 --> 00:03:44,120 Speaker 2: so we're quitting. 63 00:03:44,400 --> 00:03:47,400 Speaker 4: That's exactly right. There's no doubt that the market is 64 00:03:47,480 --> 00:03:50,600 Speaker 4: really heating up in Australia and it's become very crowded, 65 00:03:50,720 --> 00:03:53,960 Speaker 4: not just in Australia but around the world, and Delivery 66 00:03:54,040 --> 00:03:57,360 Speaker 4: had dropped to around fourth in the popularity contest here. 67 00:03:58,000 --> 00:04:01,320 Speaker 4: The decision is set to impact around fifteen thousand people 68 00:04:01,360 --> 00:04:04,560 Speaker 4: who rely on the company for income, that being their writers, 69 00:04:04,680 --> 00:04:07,560 Speaker 4: as well as twelve thousand part inner restaurants that rely 70 00:04:07,680 --> 00:04:10,720 Speaker 4: on it for delivery every day. The companies one hundred 71 00:04:10,760 --> 00:04:14,720 Speaker 4: and twenty staff are also terminated upon the announcement last Wednesday. 72 00:04:15,200 --> 00:04:17,760 Speaker 2: And Maddie, does this kind of announcement come out of 73 00:04:17,800 --> 00:04:20,400 Speaker 2: the blue, not just to us but to everyone or 74 00:04:20,520 --> 00:04:24,000 Speaker 2: is there's someone somewhere in some room and Delivery who 75 00:04:24,080 --> 00:04:25,240 Speaker 2: kind of knew this was coming. 76 00:04:25,520 --> 00:04:28,920 Speaker 4: Look, there's no doubt that internally the delivery team would 77 00:04:28,960 --> 00:04:30,960 Speaker 4: have been working behind the scenes to I guess try 78 00:04:31,040 --> 00:04:33,880 Speaker 4: and do everything that they can to keep their company afloat. 79 00:04:34,000 --> 00:04:37,640 Speaker 4: But unfortunately these things do happen, and it certainly does 80 00:04:37,680 --> 00:04:39,760 Speaker 4: seem to have come out of the blue for us. 81 00:04:40,040 --> 00:04:41,799 Speaker 2: And what happens now with Delivery. 82 00:04:41,920 --> 00:04:44,279 Speaker 4: Yeah, so the company has been put into what is 83 00:04:44,320 --> 00:04:48,440 Speaker 4: called voluntary administration, and this is when an insolvent company, 84 00:04:48,480 --> 00:04:51,120 Speaker 4: which just means that they're unable to pay their debts, 85 00:04:51,640 --> 00:04:54,599 Speaker 4: is placed in the hands of an independent person who 86 00:04:54,640 --> 00:04:57,480 Speaker 4: can assess all the options available for the company and 87 00:04:57,880 --> 00:05:01,000 Speaker 4: generate the best outcome for its business owners and for 88 00:05:01,040 --> 00:05:04,840 Speaker 4: its creditors. Remembering that Delivery is actually publicly listed, so 89 00:05:05,279 --> 00:05:08,640 Speaker 4: there will be shareholders affected by this. In doing so, 90 00:05:08,880 --> 00:05:12,680 Speaker 4: the voluntary administrator will try and determine the best solutions 91 00:05:12,720 --> 00:05:16,960 Speaker 4: possible for the company's problems, assess any proposals put forward 92 00:05:17,080 --> 00:05:20,599 Speaker 4: for the company's future, perhaps a new owner. Maybe it's 93 00:05:20,640 --> 00:05:23,760 Speaker 4: not the end of Delivery just yet, and they'll assess 94 00:05:23,800 --> 00:05:27,280 Speaker 4: any proposals put forward for the company's future. So there 95 00:05:27,360 --> 00:05:29,760 Speaker 4: still is the chance that there could be a new owner. 96 00:05:29,880 --> 00:05:32,280 Speaker 4: So it might not be the end of Delivery just yet. 97 00:05:32,400 --> 00:05:34,320 Speaker 2: Maybe the Daily od was kind of purchased it and 98 00:05:34,320 --> 00:05:39,200 Speaker 2: it can be the Daily Delivery. Could I think could happen? 99 00:05:39,320 --> 00:05:43,160 Speaker 4: I think what I'm finding super interesting while watching this 100 00:05:43,320 --> 00:05:45,880 Speaker 4: play out is there was you might remember there was 101 00:05:45,920 --> 00:05:49,000 Speaker 4: a lot of media attention that food delivery companies garnered 102 00:05:49,080 --> 00:05:52,760 Speaker 4: last year around the treatment of employees and their relationship. 103 00:05:52,839 --> 00:05:55,200 Speaker 4: You know, the fact that employees weren't entitled to the 104 00:05:55,320 --> 00:05:59,640 Speaker 4: usual employee benefits because they were a casual or contractor workforce. 105 00:06:00,240 --> 00:06:03,880 Speaker 4: So administrators will review what entitlement staff are owed. But 106 00:06:04,279 --> 00:06:07,640 Speaker 4: the fifteen thousand riders, it is believed, will need to 107 00:06:07,839 --> 00:06:10,960 Speaker 4: actually get in contact with the administrators to claim any 108 00:06:11,000 --> 00:06:14,200 Speaker 4: outstanding money that they could be owed, and there isn't 109 00:06:14,240 --> 00:06:16,120 Speaker 4: any guarantee that they will be able to get that 110 00:06:16,160 --> 00:06:16,680 Speaker 4: money back. 111 00:06:16,880 --> 00:06:20,240 Speaker 2: Sophie, do you think anything to do with our post 112 00:06:20,279 --> 00:06:22,800 Speaker 2: COVID lifestyle has impacted this? 113 00:06:23,480 --> 00:06:26,680 Speaker 5: Yeah, definitely. I think people are eating out more and 114 00:06:26,720 --> 00:06:29,560 Speaker 5: they want to go out and experience, you know, real life. 115 00:06:29,600 --> 00:06:31,440 Speaker 5: We no longer want to be sitting in our rooms 116 00:06:31,440 --> 00:06:35,719 Speaker 5: and ordering dinner, so we're definitely shying away from, I 117 00:06:35,760 --> 00:06:39,000 Speaker 5: guess the eating in space. And I also think that 118 00:06:39,120 --> 00:06:42,440 Speaker 5: consumers are really aware that for a lot of local restaurants, 119 00:06:42,480 --> 00:06:44,560 Speaker 5: when you are using those kind of apps, they're kind 120 00:06:44,600 --> 00:06:46,800 Speaker 5: of taking away from the people behind the scenes, from 121 00:06:46,839 --> 00:06:49,120 Speaker 5: the people that are making the food. So I know, 122 00:06:49,240 --> 00:06:51,240 Speaker 5: personally For me, when I go to order food, I'm 123 00:06:51,240 --> 00:06:54,040 Speaker 5: no longer doing it through the door dash deliver, Uber 124 00:06:54,040 --> 00:06:56,080 Speaker 5: eats app. I'm actually walking down the street and going 125 00:06:56,120 --> 00:06:59,279 Speaker 5: getting the food. So I think the post COVID world 126 00:06:59,360 --> 00:07:01,839 Speaker 5: is definitely turning us back to, you know, giving to 127 00:07:01,920 --> 00:07:04,880 Speaker 5: locals and actually going out and experiencing dining. 128 00:07:05,320 --> 00:07:08,200 Speaker 2: And we're treating ourselves more right, Like we're spending more 129 00:07:08,200 --> 00:07:09,360 Speaker 2: on luxury items. 130 00:07:09,560 --> 00:07:12,320 Speaker 5: Yes, we are spending more on luxury items, and it's 131 00:07:12,320 --> 00:07:15,320 Speaker 5: actually insane. There's been a lot of stats recently about 132 00:07:15,400 --> 00:07:19,200 Speaker 5: how consumer spending has gone up a lot, which is 133 00:07:19,440 --> 00:07:23,160 Speaker 5: somewhat surprising considering that, you know, we're in this environment 134 00:07:23,200 --> 00:07:26,160 Speaker 5: of high inflation and high interest rates, but we haven't 135 00:07:26,160 --> 00:07:29,400 Speaker 5: stopped spending. And one of the luxury items that he's 136 00:07:29,440 --> 00:07:33,040 Speaker 5: actually become highly in demand is champagne. And I read 137 00:07:33,040 --> 00:07:34,440 Speaker 5: a headline the other day which I was a bit 138 00:07:34,480 --> 00:07:38,760 Speaker 5: worried about, is that Champagne is running out of champagne. 139 00:07:39,080 --> 00:07:43,040 Speaker 2: What do you mean, no more bubbly, No more bubbly 140 00:07:43,120 --> 00:07:43,679 Speaker 2: for Christmas. 141 00:07:43,800 --> 00:07:46,080 Speaker 5: No, it might be actually hard to find champagne this 142 00:07:46,160 --> 00:07:49,440 Speaker 5: year for your New Year's celebration. And this is kind 143 00:07:49,440 --> 00:07:51,600 Speaker 5: of happening for a couple of reasons. There's definitely a 144 00:07:51,600 --> 00:07:54,560 Speaker 5: pull and a push side, so supply and demand. I 145 00:07:54,560 --> 00:07:57,240 Speaker 5: think if you look on the supply side, there was 146 00:07:57,280 --> 00:07:59,840 Speaker 5: a period during COVID where people were spending less because 147 00:07:59,840 --> 00:08:04,080 Speaker 5: of volatility and uncertainty, and because of that, there was 148 00:08:04,120 --> 00:08:08,000 Speaker 5: strict limitations that were put on the Champagne region and 149 00:08:08,040 --> 00:08:11,480 Speaker 5: they were going to produce twenty five percent less. So 150 00:08:11,640 --> 00:08:14,400 Speaker 5: on the supply side, what's kind of happened is over COVID, 151 00:08:14,440 --> 00:08:16,560 Speaker 5: people had a lot less money to spend, so they 152 00:08:16,600 --> 00:08:19,680 Speaker 5: weren't spending on their luxury items. And because of that, 153 00:08:19,720 --> 00:08:22,520 Speaker 5: there's actually a trade group, a Champagne Trade Group, and 154 00:08:22,560 --> 00:08:25,880 Speaker 5: they set production limits at twenty five percent less than 155 00:08:25,920 --> 00:08:29,040 Speaker 5: their normal production. And what's interesting about that is that 156 00:08:29,160 --> 00:08:32,560 Speaker 5: Champagne has this kind of like fifteen month runway where 157 00:08:32,600 --> 00:08:35,280 Speaker 5: it takes to like dry out and become Champagne. So 158 00:08:35,720 --> 00:08:38,840 Speaker 5: we're seeing supply issues now because of what was happening 159 00:08:38,880 --> 00:08:41,640 Speaker 5: in twenty twenty. And on the other side to that 160 00:08:41,720 --> 00:08:44,480 Speaker 5: as well, is that we're seeing climate change affect the 161 00:08:44,720 --> 00:08:49,360 Speaker 5: Champagne region. So according to THEVC, which is the people 162 00:08:49,400 --> 00:08:52,640 Speaker 5: that run the Champagne trade, Frost took out about thirty 163 00:08:52,640 --> 00:08:56,319 Speaker 5: percent of the region's twenty twenty one crops, mildew destroyed 164 00:08:56,320 --> 00:09:00,360 Speaker 5: another twenty five percent, and hail damaged over one and 165 00:09:00,360 --> 00:09:03,520 Speaker 5: two hundred acres of vineyards. So we are seeing brands 166 00:09:03,559 --> 00:09:07,640 Speaker 5: like Mowette, Shandon, Don, Perryon and Verv being sold out 167 00:09:07,679 --> 00:09:08,600 Speaker 5: in many markets. 168 00:09:09,120 --> 00:09:11,320 Speaker 2: It's really interesting to hear that there's this convergence of 169 00:09:11,360 --> 00:09:14,920 Speaker 2: factors between what's happening to our natural environment the changing 170 00:09:15,160 --> 00:09:18,400 Speaker 2: consumer behavior out of COVID. In some ways, I think 171 00:09:18,440 --> 00:09:22,080 Speaker 2: actually the shortage of champagne is a little bit related 172 00:09:22,120 --> 00:09:25,840 Speaker 2: to the same factors that influenced the shutdown of delivery. 173 00:09:26,000 --> 00:09:29,959 Speaker 2: We've got a post COVID landscape that businesses just aren't 174 00:09:30,040 --> 00:09:32,000 Speaker 2: used to. Are we seeing this in other areas of 175 00:09:32,000 --> 00:09:32,840 Speaker 2: the luxury market. 176 00:09:33,120 --> 00:09:35,280 Speaker 5: Yeah. I think it's really interesting that in this period 177 00:09:35,400 --> 00:09:38,800 Speaker 5: luxury markets have actually done really well. And I think 178 00:09:39,000 --> 00:09:40,760 Speaker 5: one of the really interesting things is I looked up 179 00:09:40,800 --> 00:09:43,720 Speaker 5: the other day there's this index which kind of tracks 180 00:09:43,760 --> 00:09:47,280 Speaker 5: like luxury wines and luxury brands, and over the past 181 00:09:47,320 --> 00:09:50,120 Speaker 5: five years that's actually spiked by fifty percent. So when 182 00:09:50,160 --> 00:09:52,440 Speaker 5: you look at, you know, your average kind of company 183 00:09:52,520 --> 00:09:55,320 Speaker 5: year on year, it's up maybe the ten percent mark. 184 00:09:55,480 --> 00:09:58,520 Speaker 5: But this kind of area does really well, and it's 185 00:09:58,600 --> 00:10:00,880 Speaker 5: kind of a mirroad of factors. I did say before 186 00:10:00,880 --> 00:10:03,040 Speaker 5: that over COVID people were spending less, maybe on the 187 00:10:03,120 --> 00:10:06,160 Speaker 5: kind of champagne area, but people are still drinking alcohol. 188 00:10:06,200 --> 00:10:08,840 Speaker 5: They're still consuming that, and they find ways to consume that. 189 00:10:09,400 --> 00:10:12,120 Speaker 5: And then now there's a myriad of factors that are occurring, 190 00:10:12,160 --> 00:10:14,880 Speaker 5: you know, with lockdowns ending and people wanting to celebrate 191 00:10:14,920 --> 00:10:16,880 Speaker 5: the little bits of life that they are spending on 192 00:10:16,880 --> 00:10:19,120 Speaker 5: those luxury goods because they haven't had it for so long. 193 00:10:19,760 --> 00:10:22,040 Speaker 2: We're going to take a short break. We'll be right back. 194 00:10:23,640 --> 00:10:25,520 Speaker 2: I think there's probably a direct line you can draw 195 00:10:25,600 --> 00:10:29,800 Speaker 2: between more luxury goods being purchased and enjoyed and people 196 00:10:29,920 --> 00:10:33,160 Speaker 2: quitting their jobs more and kind of seizing the day 197 00:10:33,320 --> 00:10:37,160 Speaker 2: a little bit more. It's a fascinating economic pattern. Maddie. 198 00:10:37,280 --> 00:10:38,960 Speaker 2: What are you watching in the week ahead? 199 00:10:39,200 --> 00:10:42,040 Speaker 4: I have my eye on Bumble, the online dating app 200 00:10:42,080 --> 00:10:46,360 Speaker 4: where women make the first move. They announced disappointing fourth 201 00:10:46,440 --> 00:10:51,000 Speaker 4: quarter guidance as inflation is affecting renewal rates on the app. 202 00:10:51,480 --> 00:10:54,319 Speaker 4: Some really interesting stats that came along with that a 203 00:10:54,400 --> 00:10:57,880 Speaker 4: lending Tree survey from September showed that a massive twenty 204 00:10:57,920 --> 00:11:01,160 Speaker 4: two percent of millennials and nineteen of gen z is 205 00:11:01,520 --> 00:11:04,080 Speaker 4: have gone into debt from what they've spent on dating 206 00:11:04,559 --> 00:11:07,640 Speaker 4: and overall, Sava respondent said that they spent an average 207 00:11:07,640 --> 00:11:10,520 Speaker 4: of ninety one dollars on a night out. So it 208 00:11:10,559 --> 00:11:13,120 Speaker 4: turns out that Jalen may have been wrong. And she 209 00:11:13,200 --> 00:11:16,079 Speaker 4: said that love don't cost a thing, and people seem 210 00:11:16,120 --> 00:11:20,160 Speaker 4: to be going for quality over quantity and maybe cutting 211 00:11:20,240 --> 00:11:21,679 Speaker 4: their Bumble subscription. 212 00:11:21,400 --> 00:11:25,760 Speaker 2: Or spending it on champagne. Sophie, what are you kind 213 00:11:25,760 --> 00:11:26,479 Speaker 2: of noticing? 214 00:11:27,040 --> 00:11:29,839 Speaker 5: I'm definitely going to be watching the startup space in 215 00:11:30,240 --> 00:11:32,880 Speaker 5: the next couple of months. Everything that Mattie spoke about 216 00:11:32,880 --> 00:11:34,960 Speaker 5: today with delivery, I think it's going to have a 217 00:11:35,000 --> 00:11:37,160 Speaker 5: big impact on all those companies that are, you know, 218 00:11:37,320 --> 00:11:40,480 Speaker 5: starting to really grow potentially have a lot of debt. 219 00:11:40,920 --> 00:11:42,679 Speaker 5: So I think it's just a general space that I'm 220 00:11:42,679 --> 00:11:43,320 Speaker 5: going to be watching. 221 00:11:43,760 --> 00:11:46,240 Speaker 2: We also saw some redundancies this week in big tech. 222 00:11:46,400 --> 00:11:49,319 Speaker 2: We saw obviously Twitter has cut a lot of their 223 00:11:49,360 --> 00:11:52,679 Speaker 2: staff here in Australia and so now has Meta, and 224 00:11:52,720 --> 00:11:57,400 Speaker 2: I think across the delivery big tech spaces. Whenever I 225 00:11:57,480 --> 00:11:59,440 Speaker 2: read these stories, I really try and think about the 226 00:11:59,440 --> 00:12:02,800 Speaker 2: people who whose jobs have been lost and whose lives 227 00:12:02,840 --> 00:12:05,240 Speaker 2: have been disrupted, and you know whether they can pay 228 00:12:05,280 --> 00:12:08,640 Speaker 2: rent and look after their families. I think at the 229 00:12:08,800 --> 00:12:16,880 Speaker 2: bottom of economics is this human beings. Thank you for 230 00:12:16,960 --> 00:12:19,360 Speaker 2: joining us on the Daily Eyes. If you enjoyed this podcast, 231 00:12:19,480 --> 00:12:21,560 Speaker 2: send it to a friend, especially one on a dating 232 00:12:21,600 --> 00:12:24,840 Speaker 2: app or one who likes champagne. We'll be back again tomorrow. 233 00:12:24,960 --> 00:12:26,400 Speaker 2: Until then, have a great date.