The Month Coronavirus Unraveled American Business | WSJ Documentary

March 2020 began on a high note for American business and ended with the economy in tatters
This WSJ documentary goes behind-the-scenes to reveal how the coronavirus pandemic ripped through American business during the month of March 2020 -- told through the firsthand accounts of 12 prominent executives.
When the coronavirus tore through industry, commerce and society in March 2020, the U.S. economy came to a screeching halt. Top executives relive the tough decisions they made as they scrambled to weather the storm.
Photo Illustration: Adele Morgan/The Wall Street Journal
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[@mckenziemcmillan2324]

It's wild watching this now 2 years later. As the world rebounds I think this is the first time I've had a chance to reflect on how absolutely unreal of a historic global event this was/is - its nuts

[@john_demartini]

Yeah!

[@tdiler12]

indeed well said and oh how much worse it could have easily turned out. It cant happen to us.. Yes it really could have Scary sh*

[@jamie6298]

This felt like watching a movie, except for the fact that I experienced it first hand.

[@sabrinabrooks6287]

Don't give up

[@rico6546]

You still are experiencing it.

[@Y2Kr4SHM4N]

Still years to go. Hang in there.

[@mohamadalswaid2334]

Now many Palestinians die without guilt or even their only sin is that they defend their land from the Israeli occupation that robbed it and still wants to control the rest of it. Palestine was not our cause as Palestinians alone, but it is the issue of every human being who has a living conscience and claims humanity and every Muslim and every Arab, now many children, women, men and the elderly even with special needs in Palestine, especially Gaza, are promoting martyrs in order to defend the homeland, what sin did they kill!? Many young men in Jerusalem and the occupied territories in 1948 were arrested regardless of gender and age, and women and children were also arrested without charge. #Save Sheikh Jarrah's neighborhood. #save gaza

[@shivanandpandey3788]

@@Y2Kr4SHM4N 💓💓💓

[@kimjohnson8471]

March 2020. The longest 3 years in the history of humankind.

[@janea4777]

Hear hear.

[@RandoBurner]

Did you forget 1941-1944?Or were you just being dramatic?

[@kimjohnson8471]

@@RandoBurner No, because 41-44 WAS three years. March was 31 days and felt like 3 years!

[@mariamaceesay6223]

Yeah! Absolutely True

[@johnortiz9521]

Amen

[@ptys.]

Amazing watching a dramatic tale of historic events and realising... we are still in the middle of it.

[@CryptoGodson]

This!

[@Monk-Amani.]

Smack dab.

[@lillianmurphy3937]

We're not "in the middle".

[@phoebexxlouise]

Yes highly dramatised and predictable

[@Mig-nr8hc]

Ya, it’s not over yet and don’t think it ever will be.

[@boggsanonymous1787]

You know what's kind of messed up all these Executives and CEOs talking about how much money they made this year for a company but yet jobs are still scarce at that time and a lot of them hardly paid a livable wage

[@agnesi8690]

It's like they are mentally ill. Makes you think.

[@user-xc7iq4cm8t]

The “big banks” consistently making trillions$ in profits even though they were NEVER held accountable for the millions of homes homes they stole.

[@fitchefdave]

bro when it began i was the chef at the Hilton and it started by the manager saying so far we're good no worries. in 2 days 500 people canceled their room reservations for the month and then the chef said 'no need to come in thursday or friday then the next day "hey chef dont come in at all we're done"

[@bringittome919]

*So sorry to hear that. I hope everything gets back to normal again for you and the world!* 💜

[@MultiSam123456789101]

I worked in food and beverage with the Marriotts. They initially told us to make budgets plans and work out ideas for innovative sales strategies. The useless video calls made no sense because who knew what the future would hold. They started with the management on salary cuts of 50 -30-20 depending on their level. They put forward the idea of sabitcals and anyone who voted for it was asked to leave. They promised rehire as soon as it would pick up and to my shock the management hired a completely new staff at lower salaries. Funny enough our entire HR team was promoted 2 levels each. BTW the first Marriott's property to open post lockdowns were all in China. Meaning the chinese team knew exactly what was happening and even though marriott was an American based company they did not indicate the severity of the situation to anyone or our management just made us work like dogs and didnt help us prepare for the worst possible outcome.

[@fitchefdave]

@@MultiSam123456789101 now currently in Los Angeles we've been shut down for over a month when it was supposed to be "3 weeks" now im hearing this could be another couple months. i dont understand it i went to the glendale mall this christmas 4 times and it was slammed like you cant say there is a difference between that and eating outdoors

[@MultiSam123456789101]

@@fitchefdave honestly I've lost hope in big corporations and mass produced "hospitality groups " I hope people move past the high end luxury phase and genuinely support local business that honestly have better product at 1/3 the cost.

[@life5161]

Just pull yourself self up by the boot straps and find another job or 3. 😆 THAT'S how people act. So many good paying jobs to choose from. People are just lazy and want free hand outs. I hope u sense my sarcasm. I HATE PEOPLE

[@FinancialShinanigan]

And most of the stocks have recovered but most Americans are in ruins

[@mark-ish]

Yep. I went in to the market at bought me some stock....since bonds would be worthless for the 20s decade this imax guy has his millions to splash and recoup in a year.

[@abrar__sami]

Yes and that'll take time. The stocks recovery is a glimpse of hope for the world economy as whole.

[@Monk-Amani.]

And most are overpriced.

[@pleasedonotatme]

Most stocks have not recovered. If you look at stocks by industry, only a few have actually recovered. Most are still far below where they were in February 2020. Stop spreading misonformation because you can't care to research anything.

[@tbz1551]

The stock market is not the economy. That is like saying because Apple is doing well the guy who owns a computer repair shop is successful. Most people understand this isn't reality yet don't apply the same logic to the indices. It's baffling.

[@BehruzbekOtayev]

Yet you forgot the most important thing: it ain't over yet.

[@edixasanchezpacheco3692]

Yeah, it’s amazing how people talk as if this situation is over, but yet it’s just the beginning 🤔

[@dnmurphy48]

It will be at least 6 months before this is even close to being under control and will get worse before it gets better. In the UK where I live, cases are rising beyond April levels, deaths are still high, lockdowns are getting worse and vaccination rates are not fast enough.

[@ronnickels5193]

@@dnmurphy48 at least you're government is TRYING to control the virus. Here in the States we've pretty much given up.

[@ruisen2000]

"Hilton is going to zero" Says Ackman while he was probably buying up all the shares at half price lol

[@trevorchoy8867]

Worse. He was shorting the whole market.

[@JoseLopez-eo4ze]

The worst part is that WSJ doesn't acknowledge that this was a long time coming. These businesses were over leveraged. If it wasn't a pandemic, something else was going to crash it.

[@Monk-Amani.]

Planned-demic was just a cover. Everything was done to ignore it. The Market has been a manipulated and manufactured since Nixon. Lots of people are going to die.

[@xIzonegamingIx]

@@Monk-Amani. The market was manipulated far before Nixon. He made a few extremely terrible decisions in order to save face and screwed over future generations... But his choice was brought upon him by those before him.

[@noirto2]

well a paycheck to paycheck economy isn't what you can stable if you shut down over any period of time.

[@tbz1551]

Did you watch the video? "These businesses"? You mean the ones highlighted in the video that mostly talked about how they've been able to navigate this BECAUSE they weren't over leveraged and had liquidity and planning that helped avoid disaster.

[@ggc7318]

They can't wait to do more businesses with China

[@jassstraps6654]

I don’t care about what a bunch of CEOs have to say. They have nothing to worry about. I want to hear from the regular people.

[@Xind0898]

this is wall street journal. it specialises in reporting the big-corp economies. if you want reporting on SMB there are tons of reporting on other media platforms.

[@chaosXP3RT]

The CEO's are the ones who will get us out of this mess

[@alwayscrispy666]

Nope this will suffice. I talked with regular people daily at my job since it was "essential". I got to hear crazy stories and I lost some regulars but gained some more in the process

[@dnmurphy48]

Regular people know very little and are not interesting.

[@datguyoverdere6616]

I hear alot of sucking up from the people who made cash and told everyone theres nothing to worry about, nobody is buying it

[@meeravinod7165]

I'd never have the guts to take part in a programme like this with the shame and the realization of the destruction and trauma I caused. These people are all true narcissistic psychopaths. That's the only reason they are able to look into the camera and do it.

[@ggc7318]

Thanks to China

[@angelaonthego]

Just yes. There was a rash of sudden CEO resignations in January. The patsys in this video may not have known. But some upper Echelons knew. If you believe this.

[@salv02]

The arrogance of these CEOs is mind numbing. They know nothing of what everyday people are going through.

[@Xind0898]

why would they need to know? they are CEOs, not politicians

[@alcyonae]

There’s more than one story to tell. This isn’t about everyday people, it’s about businesses. I appreciate they kept their focus.

[@SoAS26]

What?? They are just talking about their job!! How is that arrogance??

[@willlawrence8756]

They know, just too busy making money to think much about it....that's their job....if their business fails, maybe they will become social workers, nice secure job! We are going to need lots of social workers....paid and unpaid!

[@goneviral6037]

😂😂😂😂😂😂

[@MrShanester117]

This is a video about how the people screwing everyone over for massive profits are crying about how the gravy train isn’t fast enough anymore

[@KaneneProductions]

Best Summation.

[@djssquibbs3295]

I could not have said it better myself

[@MariW736]

Truer words....

[@dnmurphy48]

They pay your wages unless you want a soviet style command and control economy.

[@MariW736]

@@dnmurphy48 They actually don’t really pay our wages. A lot of these companies pay poverty level income, and then they tell us employees to go get in the Social Security, food stamps, Medicaid line, which they don’t pay into because American taxes are most heavily paid by the lower middle class, while our major corporations that hoard billions in profit get off Scott free with barely a penny paid anywhere along the way. They literally literally literally profit billions of dollars off the fact that they don’t have to pay their employees appropriate wages for us to earn them all that free money. If they used a tiny bit of that profit to actually pay their employees properly, our country would have a much much smaller need for all the social services that we rely on and yet disdain at the same time. I’d be rich AF also, if I could get everybody else around me to work for me essentially for free, and then tell them “ too bad, so sad, go figure out somewhere else to get your rent and food money from.”

[@timvyfvinkel4542]

None of the people interviewed had to go to work. They sat at home in the castle while employees like me had to work everyday, making these people money. Its not about people and their health, it's all about the market impact Those people all make me sick. Out of touch.

[@CharleyMK9867]

You couldn't be more right..look at the backgrounds of where they are sitting. And where did they send those poor sick workers?? I didn't hear them saying they were giving them masks EVERYDAY..OR any other ppe supplies.

[@dnmurphy48]

YOu were making money for yourself in the form of wages. had they shut down the business straight away you'd have been bankrupt in weeks. Without them setting you business you would not have a job and. government would not have taxes. I doubt they are any greedier than you, but at least they do something you seem to think everyone else owes you a living.

[@CharleyMK9867]

@@dnmurphy48 1st this is a direct quote from you "without them setting you business you would not have a job and. government would not have taxes. 🤦‍♂️..where 2 start w/that? Well if the government would have shutoff flights from China completely,told us 2 wear masks,also had been 100% honest with us about how contagious Covid-19 is, & Trump had ACTUALLY done his job & worked w/ALL of the states,especially New York RIGHT from the beginning,The United States wouldn't still be losing so many lives. I could go on & on about how Trump has COMPLETELY failed in getting control over this pandemic. And that is why he lost this Election.

[@timvyfvinkel4542]

@@dnmurphy48 yeah the government shut down all small business, literally killing them, but the Big business, they TOLD the government they were staying open, and the government had no choice, they would never go against Big business in a million years. The big money wins every time and the people pay the price with their health.

[@SubvertTheState]

@@dnmurphy48 That sentiment is being shared by the government too. Congress passes a 'Very Generous' $600 relief payment nearly 10 months after mandating shut downs? I thought I paid nearly 1/3 of my wages to the government, which in turn provides security and services the private sector doesn't. The government doing their jobs half-assed and like toddlers want a pat on the back. I worked every business day plus overtime the whole pandemic, the company didn't "provide me with business". I provided the company processed, finished product that could be sold for revenue. It's just that I require compensation if I'm spending my time producing. Free-Market economy is under stress right now, but it's hilarious watching people on TV talk about their 'Swift action to work from their couch' or 'Still providing work for the peasantry'. I'm grateful to still be working despite hectic hours, but I'm glad my company doesn't pretend like I owe them for my work haha.

[@baljeetbhachu4273]

what is scary is how slowthese so-called "very smart people" reacted and cloud reality with statistics and financial concerns

[@davidingrames6704]

Bit like trumps total head burial of the pandemic.

[@joshschwab8009]

Ummm this is a business channel and the topic is about navigating their business in a pandemic ....

[@galo15551]

not smart, savvy and greedy

[@stefanschleps8758]

Greed, like love, clouds the mind.

[@marilynonor7758]

Vaccine is not the way out⚠️ ..It is an evil agenda and programme.The ASTRAZENECA VACCINE IS THE MOST DANGEROUS /DEADLY RNA /DNA VACCINE ..⚠️Do not take the COVID VACCINES ⛔️

[@stockbag]

Not a single one of these talking heads lost a penny, personally.

[@haydenjardine9178]

Yes they gained

[@Sem5626]

exactly, i don't know why there are so many comments of WOW ... THIS VIDEO IS SO GOOD all these scum bags dragged their feet on stopping the spread because they wanted to protect their bottom line

[@stockbag]

@@Sem5626 Consider your source - the WSJ isn't looking to do anything but get bizniss to advertise. This is corporate pablum of the highest order. I've blocked the channel.

[@cahoutcharles961]

They probably lost millions but that doesn't really affect their lives.

[@0404chrisjz]

Lol millions of regular ppl are still at home making more then ever because of unemployment so

[@stevemolloy2747]

CEO said “The first thing we did was looked after our staff” 🤣

[@demonslayer9772]

The first thing we did was looked after our staff to start the layoffs. - fixed

[@john6372]

december: "rona is not bad" march: rona is worse than the plague... the people who tried to warn us were discredited and we're just going to forget that we had a three month warning.

[@Brichanise.Nicole]

Romans 10:9 If you declare with your mouth,Jesus is Lord," and believe in your heart that God raised him from the dead, you will be saved

[@kerisedouglas2028]

Amen!!

[@marilynonor7758]

Vaccine is not the way out⚠️ ..It is an evil agenda and programme.The ASTRAZENECA VACCINE IS THE MOST DANGEROUS /DEADLY RNA /DNA VACCINE ..⚠️Do not take the COVID VACCINES ⛔️

[@caroll6541]

@@Brichanise.Nicole ?what?! oh brother🙄 look - I believe too but pls this is not not the format for this! Thx!

[@danarabuvaeva300]

How about showing what small businesses went through?

[@linkjourney422]

They probably would if small businesses still existed...😞😞😞

[@onlyswedishmeatballs1677]

We should make a documentary on the level of selfishness in the USA, a country that needs to disappear.

[@Martinmr07]

These people are wealthy and cannot relate with everyday people...

[@latenightthinker4737]

bruh, did you read the title?

[@Martinmr07]

@@latenightthinker4737 Did you pay attention to their talking points. Some talked about how it affects businesses and customers. Yes, businesses were affected, but at the end of the day these people did not suffer like most Americans.These big corporations and their investors are doing fine. Should've also interviewed small businesses - mom and pop shops.

[@latenightthinker4737]

@@Martinmr07 Then look for the documentaries and interviews of small businesses and yes they exist. Ik in my area there are daily podcasts on Seattle's small business and real estate landscape, do you keep up with your state/city? Besides,This is the Wall Street Journal, ofc they're talking about big businesses. Big businesses have the biggest impact on American economics. They literally dictate America's global influence and power. They employ millions and millions of Americans. Mom and pop shops are practically non existent in American society and lifestyle anyways. It's not like the general American people actually support them anyways. Did you expect the Wall Street Journal to do a documentary on Jerry's ice cream truck business?

[@Martinmr07]

@@latenightthinker4737 You could not be more wrong. Small businesses are vital to the economy. Yes, big businesses employ millions, but you cannot have one without the other. You said it yourself, these corporations have a great deal of influence, that is a problem. No corporations should hold such influence to sake up an industry. Big guy eats the little guy. I am well aware of how our government works. This is way corporations buy these crooked politicians. Furthermore, I do not keep up with everything thats going on in my state or city.

[@latenightthinker4737]

@@Martinmr07 Duh they're vital to the economy, they're like 50% of us economic activity. I'm not debating whether their influence is good or bad, I'm just saying that their level of influence prompts it own documentary. There are plenty of other channels and videos and podcasts that talk about small businesses, but everyone keeps commenting "bUt wHaT aBoUt SMaLL biZ?" on a WSJ video. Like bruh, do you contact the president to change your local laws?

[@notnef]

"This was the worst." I really hope she's right

[@richardv9648]

Das Schlimmste kommt noch. (the worst is yet to come.)

[@MontyGumby]

@@richardv9648 aber bitte

[@Trollolling]

2021: challenge accepted

[@Monk-Amani.]

Far cry.

[@LunaKilo]

@@richardv9648 I noticed that one too. How can anyone say "This was the worst" when it is still going on and seems to be getting worse?

[@Rudenbehr]

This video is literally a corporate propaganda piece. They had ALL the information. And frankly most of the complaints here were “revenues are down”

[@seangarner2687]

I just started watching, and I'm already disgusted.

[@DanielPriestley]

I run a small business with ~50 people. On January 26th, I wrote in my diary that I was concerned about the business impact of Covid. I made notes that included the likely potential of a UK restrictions and that we would have to transition away from face to face meetings. I find it really surprising that CEOs of these companies weren’t across this sooner than I was.

[@cheyennetapiasmith9056]

You thought ahead whereas, they. large businesses were delusional and thought they would be bailed out at a much high percentage of relief funds.

[@hustlegrind2642]

likewise. i had similar thoughts. Im not from Ivy leage club either and these CEOs are managing billions of dollar of businesses.

[@keelsmac01]

Maybe because they knew the truth. This was demonstrated over and over. With world and local leaders shutting down their citizens while partying, wearing no masks and all of it caught on camera. Although, I feel part of it was to bring down Trump..that was only part of it. This was their plan all along…trump getting elected and being potus of the US, he was the only dissenting voice. He had to go down and blamed for all of it.

[@jonhughes1525]

Really sad to hear the billionaire having a loss of profit.

[@pauldickson3455]

It has a knock on effect for the worker

[@tiny456987]

If you're talking about bill ackman this was his most profitable year ever. He saw it coming, his 24M USD hedge turned into 2-3B USD

[@jhingansandesh7789]

indeeeeeed

[@locallysourced5581]

When billionaires lose, we all lose, remember that.

[@Nionix123]

@@locallysourced5581 according to the billionaire, you are a slave to a CEO of you believe that taking profits from one is bad for all

[@txbre8758]

When March hit, my roommate was laid off, I had to move out of Seattle, move back home. Now, I’m moving to Texas for a promotion with my current company, and my dream job. This year sucked but the end result is a change of good for me

[@pdlcuadra]

Congrats! Stay safe out there. 🙏🏼

[@stevewalker4617]

This might be one of the best docs I have seen in a long time. Well done!

[@pdlcuadra]

Grateful for our farm workers. The ones on ground that never asked for a bail out and keep at it. Blessings and stay safe. 💫

[@costabryanscott6395]

Hello

[@freedomordeath89]

Farming is highly subsidized....

[@pdlcuadra]

@@freedomordeath89 The farm owners not the workers. Sadly. 😏

[@freedomordeath89]

@@pdlcuadra of course... But it would be bad even if we subsidised the workers... No one should be subsidised unless he really needs it like if he is homeless etc

[@pdlcuadra]

@@freedomordeath89 More funding in this area won’t damage or hurt anyone and it will improve their quality of life (farmworkers). Besides the homeless, etc.. already have programs in place to aid them and most of the spending from some of those grants stays at the top and is used for administrative expenses and fringe benefits. Unfortunately, their numbers are still not being met and homelessness is high. Sadly, numbers is what these areas worry about not for the people they actually help but who they have enrolled under those programs. We don’t have to agree. On my end humans well being and safety is a priority. Stay safe love. Blessings 🙏🏼

[@kmaya1024]

Incoming inequality has risen absurdly through this 11 year period of economic success.

[@lonelywanderer3558]

wealth inequality. Incomes haven’t changed that dramatically.

[@Heavygusto]

The CARES act was the single greatest upward transfer of wealth in the history of the United States.

[@pdlcuadra]

Terrible.. And here comes the next one. 😏

[@lornetc]

Yep. Billions of dollars from the middle class that should have been given back to the taxpayers as relief and stimulus were given to billionaires and corporations who sometimes pay little to no taxes due to offshoring of profits or tax breaks, because they needed to deliver profit dividends to shareholders (other billionaires).

[@Heavygusto]

@@colmfarrell5686 we're already being looted.

[@PeterVDale]

These are people from another world who live in their money filled bubbles. They have nothing to worry about. They can not relate to people who are not financially secure. And they have nothing interesting or meaningful to say. I watched it, but it took some effort.

[@FazeParticles]

@John Buffalo I am 98 they always do.

[@iceman9561]

Love these long WSJ documentaries!!

[@worldcitizeng6507]

There was an image which will forever stuck with me for the rest of my life; when India started it's massive nationwide shut down, it shows migrant workers walking on foot with what they could carry on their head, hands. When they reach their villages, each person had to made a hut or hammocks on trees since multiple people live in a household, they had to quarantine on trees near their home so that they won't bring COVID to their family :(

[@sleong]

They left out April thru December where 6 trillion was pumped in and all of this was covered up. They spent about 5 seconds showing how the market recovered and is back at all time highs.

[@gigihadidnt]

The title is "The MONTH coronavirus unraveled American business' ..... and your complaining about how they didn't talk about the rest of the year???

[@alexm566]

WSJ and PBS actively hide anything good Trump has done. It's sickening the complete blatant bias they have.

[@gigihadidnt]

@@alexm566 like the "give the people $2000 checks!" all his so called 'good' is the cherry on top a mountain of sh*te. you think they're hiding it but maybe he just hasn't done that much good?

[@alexm566]

@@gigihadidnt four years of the absolute highest economic growth in American history and you're talking about two days ago?!?

[@pocketlinttreasures33]

@@alexm566 the economic growth has been happening since 2009... did u not watch the video? Trump did not turn the economy around himself, it was already moving upwards and had steadily been doing so since 2009... he inherited a robustly growing economyfrom those who came before him. Also, if trump is so keen on giving the American public $2000 he could've done so a LONG time ago but chose to speak up ONLY AFTER the dems n Republicans FINALLY came to an agreement in stimulus package (AFTER MONTHS) and also just DAYS before the government is set to shut down. Its all a ploy and if u can't see that then I don't know what else to say.

[@Wassyoinokotoka]

"Inventory is waste" such a punch line

[@mark-ish]

When you're big enough you make your suppliers bend over for you to continue on serenely.

[@Truckngirl]

JIT is what the trucking industry relies on to keep moving.

[@richardfleer1905]

Algorithms aren't going to solve the inventory problem. Algorithms just turn us into farmers. When you get big enough the farm eventually runs out of food. These people are going to need to learn how to hunt and fish all over again.

[@pauldickson3455]

Just in time is a proper mangers good idea, when a snowed in road can stop a factory

[@TiTi-ww7xt]

Thank you for making this educational video. Hope everyone who read this is safe and well.

[@TheGoodfellas.]

Great documentary. Thank you WSJ👌

[@user-tg5bx7je7o]

Imagine after it all ended...and we look back watching these videos and like “wow we went through that?”

[@bluebonbon22]

Exactly what I am doing tonight. Reliving and reviewing, and grateful I made it though the pandemic. 11/21/23

[@darkmark8910]

What a remarkable video. Thank you for posting this.

[@LeahKimBrighton]

This was so exceptionally well done! Congratulations to you and your team for investing in such a signature documentary. It already serves as such a statement and piece of our history for 2020, and beyond. I hope to see similar long-form content in the future from the WSJ on this channel. Again, thanks for curating this and I've shared this documentary across so many of my social channels, including LinkedIn.

[@danielni5356]

Ackman was fearmongering on CNBC because he had a HUGE short position. He made BILLIONS off of the market crash and he knew his influence can swing the market to his benefit.

[@jasonsj]

Great documentary ! Somehow feels like a totally different planet when it started to show March closing downs, even tho we are still in lock downs

[@hollyharrison1377]

It’s not nearly what it was though

[@bhaskarmothali]

This is a great documentary, very well done! Congratulations to the team who brought this together and free 😊 My only complaint is no emphasis on how we build an economy which becomes more and more localised and resilient. Citizens who are more capable than becoming mere consumers. That is the true lesson we ought to learn from this. Not bragging, but India is the only country that has spoken about ‘Atmanirbhar’ or self sufficiency after the pandemic. At least on paper India spoke it aptly! Happy for that.

[@psalm9166]

There will be a repeat of this documentary next year when the bubble bursts.

[@aleksamavrak5916]

There is no reason for that

[@psalm9166]

@@aleksamavrak5916 its called history sweetheart, history.

[@psalm9166]

@sean k I believe God is also getting ready for his own great reset. Psalm 2 about to come true.

[@aleksamavrak5916]

@@psalm9166 That's what mainstream media wants you to believe. things are never gonna crash in negative interest rate enviroment. Ifh history does repeat itself liberians would be the richest

[@Tony-nj9de]

@@aleksamavrak5916 under Joe Biden things will crash 900,000 jobs were lost in one day and hes only been in office for like 4 days

[@Rivan1]

Just wanted to point out that this was brilliantly produced! Really enjoyed watching it from start to finish and it was highly informative.

[@Mikestamper04]

As we start to come out of this pandemic, let’s just remember that life is precious and to never take it for granted. Rip to all the people that loss there life’s to this horrible virus.

[@MayorMcC666]

It's very interesting to hear from the winners of the cares act. must be nice

[@pdlcuadra]

Yes. Sadly but so true. 😏

[@crashweaverda]

So corporate America saw this comming and did nothing to warn us. No Bail out for any major corporations. All bail out money should goto small businesses that pay taxes.

[@fredsmith-kingofthelunatic7810]

Why are you looking to your corporate sector when your own government knew and lied to you? What is governments role? To represent the best interests of it's people. How well did government fill it's role?______________

[@CuddleFish124]

As someone who has a very keen interest in the supply chain I found this to be VERY interesting. Last year for my capstone course in Supply Chain and Logistics Management, we had to form teams of 5 and help a local small startup business come up with a business strategy for the next 5 years. We were so proud of it when it was finished at the end of Dec 2019, and now everything we suggested is probably useless. It’s crazy how suddenly everything changed.

[@bryanpasley674]

All by design. COVID-19 didn't do anything to the economy or anybody. The government did all the damage until the injections rolled out. I'm not saying it kills, bc i'd be çensored. But anti vaxxers aren't dying suddenly. Do the math.

[@stockbag]

'We managed to save all executive and management positions but yeah, anyone who works hard... we don't really need to talk about that.'

[@Live-hh6li]

Want more of such content that sinks deep into the topic.

[@donovandelaney3171]

More people were living in plastic houses and people were switching over to electric cars and trailer vans. It was great.

[@wallstreetbets7741]

If you are reading my comment, Remember YOU can DO Great thing! Yes, YOU! Keep fighting in 2021!

[@selectgood_timesidfrommemo3192]

I think the final line is the most important " You prepare businesses for the worst". The one thing society & schools do not do is prepare today's youth for such events, and do not develop their coping mechanisms in times of hardship.

[@haydenjardine9178]

The weird part is being in far north Queensland Australia, almost a year later it still normal here

[@Banjo_Tails]

Go Qld!! :)

[@ronnickels5193]

Your government took the disease seriously. Mine, 🇺🇲, didn't

[@nightsatlynrecords]

1:10 anyone else notice the Mac program notif bouncing at the bottom of the screen? LOL

[@boomsuga]

Wsj keep making great content like this. Emotional and powerful video

[@wright3753]

Ackman was clearly short selling Hilton 🙈

[@johnmcdonald5998]

Very informative to hear from a segment that is generally inaccessible is refreshing. Our generation, certainly my generation (Canada) have not incurred suffering in the last 50 years of this magnitude. It continues to challenge many people and companies, some will thrive, some will fail. Most noteworthy, to me, is which ones will learn and prepare accordingly? Which companies will develop continuity plans for the next event? Which ones will simply pay lip service and hope for the old times? Ten years ago, I designed my provinces largest police pandemic exercise on a military base involving hundreds of police and actors from across the province. I studied the lesson's learned from the 1918 pandemic and attempted to include them in the exercise. I learned something very quickly, NOT MUCH HAS CHANGED.

[@ascentraland9264]

This was really well put together

[@johngimenez611]

This was a really good documentary!

[@HappyKatze]

Great documentary

[@rmfinance1781]

I was at camp Arifjan Kuwait literally all of 2020. We landed in Kuwait in early February. We heard about COVID-19 being huge in February. When March hit and the market collapsed...I then realized I had won the lottery by being deployed in Kuwait. 2020 was by far the most lucrative year for me.

[@janea4777]

I’m going to write my doctorate about this.

[@alittleantidote5852]

That would actually be super interesting to read

[@alcyonae]

Field? History?

[@greengorillah]

I live in the Netherlands. We were one of the later countries in Europe to get our first infection. Learning that -even- China was not able to contain this virus, and then seeing the rapid spread I was struck/shocked by how there was a feeling in the Netherlands that we were somewhat "immune", as if we are not biologically part of the same world. In February I told my family to buy masks and disinfectant as I warned them they could go out of stock soon....

[@greengorillah]

@@bozomannn2252 i think it tells something about how "special" many Dutch experience their country. In recent years I also feel the country / politics is more focussed on internal stuff.

[@sikander_kalla]

Would've been interesting to hear the analytics that FAANG companies were tracking and the trends they saw

[@PHlophe]

pitajee Kalla they will never want to disclose those.

[@quocthienvo3570]

Been waiting for this doc about the impact of COVID-19 in the economy

[@kurt2rsenjazz]

Great work WSJ

[@brianbachmeier34]

I asked a doctor when they think this virus will end. She told me how would I know, I'm a doctor not a politician.

[@Tripserpentine]

you need to find a better doctor, or check his credentials not sure if he or she is really a doctor. Real doctor would say,; never virus are something that have always been part of the world and always will be. it is funny you''e never heard of virus before? i mean you had biology in school right? elementary stuff you know.

[@jacksonmoore26]

@@Tripserpentine I’m pretty sure the doctor was joking

[@1sweettime207]

Best part was," all elite of world was there and no one take it seriously" That show how well know they are.

[@tymcgraw8502]

what.

[@cestchill111]

@@tymcgraw8502 Davos showed how knowledgeable they were (despite being so wealthy and the elite top 1%)

[@1sweettime207]

@@tymcgraw8502 They did not take virus seriously.

[@sigsin1]

What made me angry was the CDC telling people that masks wouldn’t help…instead of telling people not to buy N95 masks or other PPE that essential (especially healthcare) workers needed. There were other options but they didn’t say anything until April/May. Luckily, I had good reusable masks (I have Lyme so I catch everything) that my family and I wore starting the first week of March. We knew better…this wasn’t just passed by touch but that’s what they told us at the beginning. A lot of people died because of this.

[@Gmo401]

Extremely well-done. Love the Wall Street Journal’s video content.

[@NobregaLucas]

Excellent discussion about efficiency and resilience, one of the fundamental discussion lessons we can take from the COVID-19 pandemic. A live lesson to all business leaders around the globe.

[@clairmac]

It really goes to show you how safe we think we are, though it's far from true. I mean the day before my province Ontario, shut down on Mar 9th, I was at a Comic Con. In fact, I had been to 3 shows in that eight day period and as much as I think now, "Wow that was super stupid of me," but truly the concern wasn't there because everyone was led to believe it was just another flu variant and the only thing that changed that was Italy, Spain and Iran. Once they hit capacity and doctors literally had to choose who lived and got respirators and who died, then it struck home.

[@lucid5924]

Great documentary! So much happened in one month.

[@k-dramagoodmorningseoul]

Hi! How are you? There are nine days left until this year. What a fast flow of time. I hope this week will be a healthier/fine day. ^O^

[@hugo-garcia]

World economic forum : didn't know Austrians economists : always knew bubble credit economy will always fail.

[@Tony-cp6vu]

Love this

[@dvsdawl]

The grocery stores are empty right now again. Why? I start to have a panic attack every time I go to the store now.

[@Tantejuju65]

Very interesting....one thing seems clear office work will never be the same.

[@markg3169]

None of these companies should receive public money

[@CHMichael]

- have received -

[@atifadib]

JPMC CEO: This was the worst. 2021: I'm about to end this woman's career.

[@kchal0]

Paul tudor jones had a sobering interview at davos on cnbc about covid. I remember seeing that while I was traveling for work and started making portfolio changes to be defensive. Turned out to be the right move. I don't think anyone knew it would be this bad economically.

[@LeeW7233]

I didn't expect this video to draw on my emotions the way it did. We lost ppl at my workplace. It didn't have to be that way. It was about keeping the country running and thinking of others more than ourselves.

[@RZetlin]

Complacency is humanity's worst enemy.

[@raghuveerchebrolu6732]

CEO’s elaborating their future plans in Davis in January 2020 Coronavirus: Yahhhh, but that won’t happen 🦠🌎

[@Greatkohaku]

Good video, more name and title display please, wasn't sure who was speaking at times

[@TheHermitHH]

Such a good documentary.

[@BizzeeB]

It's so nice to hear from all the people who are managing the pandemic just fine, talking about all the "devastation".

[@cilldublin07]

Way too many ads ruin this

[@mark-ish]

scroll fully to the end, select replay.

[@Rick_C137_op]

If you look closely the whole video was about marketing their own companies.

[@yengsabio5315]

@@mark-ish I do that everytime with video laden with ads.

[@gamaybear]

great documentary worth sharing, specially to leaders.

[@giftedtoserve]

Very well put together

[@adiabd1]

what an experience to hear the thoughts of the CEOs of some big and impacted corporations about the situations that we live in rn, it makes their companies look more humane and more sensible

[@richardv9648]

Yeah "Big corporations are also people".- Mitt Romney 2012.

[@nathanfernando5849]

It’s insane how it’s already been over a year since it all began I remember learning about pandemics in high school and thought to myself that this wouldn’t happen in my life time 10 years later it happened

[@hallmanager4911]

Excellent documentary. Very interesting to hear how it was from the perspective of CEO's of global corporations

[@3066961]

excellent production, all mba students and teachers are not going to miss this.

[@cyb3rne0n]

A must watch

[@abdelwahabnassim6281]

kzbin.info/www/bejne/oKPbo6aElM2Ajbc

[@cyb3rne0n]

@@swatkevin3326 u guys are hilarious. Get a real job u fakes

[@brettneuberger6466]

When will everyday Americans realize trickle down economics doesn’t work for them?

[@willengel2458]

bailout is the quickest way of funneling money to the 1%. socialism for the rich, capitalism for the poor. 😊😊

[@Tripserpentine]

when they die of thirst (or corona). but then it is too late. Pay your taxes fools, tax the rich more then the poor it's only fair. if you don't want to well ; welcome you are now a third world country. with mass graves in your most famous parks. good job.

[@benjaminniemczyk]

A superbly-produced documentary. I look forward to more like this, that tell the story of the most amazing and devastating story of the century.

[@TechnoTradingFinance]

Great documentary !!!