Share this article

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

The Breakdown Weekly Recap covers growing U.S.-China tensions, worsening job numbers and the next casual $1 trillion to $3 trillion in stimulus.

Updated Sep 14, 2021, 9:35 a.m. Published Jul 25, 2020, 2:00 p.m.
(Matias Lynch/Shutterstock)
(Matias Lynch/Shutterstock)

The Breakdown Weekly Recap covers growing U.S.-China tensions, worsening job numbers and the next casual $1 trillion to $3 trillion in stimulus.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

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.

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

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?

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.

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb

Coinbase

The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.

What to know:

  • Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
  • The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
  • Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.