BREAKDOWN: As Economic Indicators Get Worse, the US Revs Up the Next Multi-Trillion Stimulus

The Breakdown Weekly Recap covers growing US-China tensions, worsening job numbers and the next casual $1T-$3T in stimulus.

Jul 25, 2020

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The Breakdown Weekly Recap covers growing US-China tensions, worsening job numbers and the next casual $1T-$3T in stimulus.

This episode is sponsored by Bitstamp and Crypto.com.

This week on the Breakdown Weekly Recap, NLW covers:

A terrible week for U.S.-China tensions, with dueling consulate closures and a strikingly hawkish speech from U.S. Secretary of State Mike Pompeo
Worsening economic indicators, particularly around jobless claims which saw their first weekly rise in four months
The likely size of the next U.S. stimulus bill – $1T to $3T.

This week on The Breakdown:

Monday | What Is GPT-3 and Should We Be Terrified?

Tuesday | What’s Behind the Fed’s New Push to Promote Inflation?

Wednesday | A Simple Explanation of DeFi and Yield Farming Using Actual Human Words

Thursday | Will Big Tech Enable or Destroy Small Business? Feat. Sahil Bloom

Friday | Could the European Recovery Plan Actually Break Europe Apart?

HOST

CoinDesk

CoinDesk is the world leader in news, prices and information on bitcoin and other digital currencies.

We cover news and analysis on the trends, price movements, technologies, companies and people in the bitcoin and digital currency world.