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.

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?