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Welcome to the Groundhog Day Economy (PS, It Sucks)
As states shutter economic activity because of preventable COVID-19 outbreaks, it’s deja vu all over again.
Updated Sep 14, 2021, 8:57 a.m. Published Jun 27, 2020, 2:00 p.m.
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As states shutter economic activity because of preventable COVID-19 outbreaks, it’s deja vu all over again.
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This episode is sponsored by Bitstamp and Ciphertrace.
This is a movie we’ve seen before:
- Rise in what could have been preventable COVID-19 cases
- A call for shutdowns (plus voluntary closures)
- Rampant politicization of health and economic issues rather than common sense approaches
- Persistent jobless claims plus new layoffs
- Wall Street nerves turning into new Federal Reserve and Treasury action
Rinse, repeat, economy!
See also: The Chad Index Versus Doomer Internet Money: The Breakdown Weekly Recap
This week on The Breakdown:
Monday | Macro Investors Sound Off! Featuring Ari Paul, Spencer Bogart and David Nage
- Some of the smartest investors in the crypto space share how they think the larger macro context is shaping interest in bitcoin and digital assets.
Tuesday | Oil 101: How Easy Money Enabled the Shale Revolution, Feat. Tracy Shuchart
- An oil and commodities expert breaks down how the shale revolution reshaped global energy power and why oil went below $0 earlier this year.
Wednesday | Bull vs. Bear: Who Has the Economy Right?
- From markets to real estate to the dollar to retail, the data on whether the market is recovering or not is hella confused.
Thursday | Is Scam Selling Suppressing the Price of Bitcoin?
- Scam selling, a big win for privacy from Apple, new jobless claims in the “whack-a-mole” economy and the biggest BTC options expiry ever.
Friday | How Monopolies Sow the Seeds of Their Own Destruction, Feat. Tuur Demeester
- The managing partner of Adamant Capital joins for a conversation about what the Protestant Reformation and the French Revolution can teach us about bitcoin.
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.
Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.
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