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Welcome to the Groundhog Day Economy (PS, It Sucks)

Nathaniel Whittemore
Updated ·2-min read

As states shutter economic activity because of preventable COVID-19 outbreaks, it’s deja vu all over again.

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 Ciphertrace.

Related: Bitcoin News Roundup for June 29, 2020

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

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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.

Related: How Monopolies Sow the Seeds of Their Own Destruction, Feat. Tuur Demeester

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.

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