BREAKDOWN: Winter Is Coming... Examining the Economy's Eight-Body Problem

From the devastation of the service industry to never-ending central bank intervention, these factors make predicting the future of the economy nearly impossible.

Aug 21, 2020

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ABOUT

From the devastation of the service industry to never-ending central bank intervention, these factors make predicting the future of the economy nearly impossible.

This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.

The “three-body problem” is a physics issue that deals with unpredictable futures.

In a recent essay, John Mauldin argues the economy is actually experiencing an “eight-body problem.”

On today’s episode, NLW explores each of those dimensions shaping the challenge we face, including:

Central bank intervention
The destruction of the service industry
The implosion of global trade

In the end, he argues that in a world ruled by chaos, fighting to control the narrative might be the only rational move.

Read Ben Hunt’s essay “The Three-Body Problem.”

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.