Waffle House Signals U.S. Reopening, But It Won’t Be Simple

The Waffle House chain of U.S. restaurants, with most of its locations in the nation’s south, is famous for staying open during hurricanes and other severe weather. Now it’s facing what could be a tougher challenge: luring customers who are wary of spending time there because of the coronavirus. It’s all happening in Georgia, whose Republican governor made waves with his decision to let many businesses and restaurants reopen sooner than most people expected—and earlier than medical experts consider advisable. Stephanie Flanders talks with Atlanta-based Bloomberg reporter Michael Sasso about the situation on the ground. We’ll hear excerpts from his interview with a Waffle House spokeswoman, too. Flanders also speaks with returning guest Richard Baldwin, an economist at the Graduate Institute in Geneva and co-editor of a new eBook addressing Covid-19 and trade policy. Baldwin discusses how trade restrictions are exacerbating the damage done by the pandemic—such as making it more difficult to get masks.

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Will Covid-19 reshape the global economy or simply shrink it? What are nations doing to protect jobs and businesses from the fallout, and what will the long-term consequences be for labor markets, global supply chains and government finances? On Stephanomics, a podcast hosted by Bloomberg Economics head Stephanie Flanders—the former BBC economics editor and chief market strategist for Europe at JPMorgan Asset Management—we combine reports from Bloomberg journalists around the world and conversations with internationally respected experts on these and other issues to bring the global economy to life.