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

ADS


As states shutter financial exercise due to preventable COVID-19 outbreaks, it’s deja vu yet again. 

It is a film we’ve seen earlier than:

  • Rise in what may have been preventable COVID-19 circumstances
  • A name for shutdowns (plus voluntary closures)
  • Rampant politicization of well being and financial points moderately than frequent sense approaches
  • Persistent jobless claims plus new layoffs 
  • Wall Road nerves turning into new Federal Reserve and Treasury motion

This week on The Breakdown:

  • A few of the smartest traders in the crypto house share how they suppose the bigger macro context is shaping curiosity in bitcoin and digital property.
  • An oil and commodities skilled breaks down how the shale revolution reshaped world power energy and why oil went beneath $zero earlier this 12 months.
  • From markets to actual property to the greenback to retail, the knowledge on whether or not the market is recovering or not is hella confused.
  • Rip-off promoting, a giant win for privateness from Apple, new jobless claims in the “whack-a-mole” economic system and the largest BTC choices expiry ever.
  • The managing associate of Adamant Capital joins for a dialog about what the Protestant Reformation and the French Revolution can train us about bitcoin.
Disclosure

The chief in blockchain information, CoinDesk is a media outlet that strives for the highest journalistic requirements and abides by a strict set of editorial insurance policies. CoinDesk is an unbiased working subsidiary of Digital Forex Group, which invests in cryptocurrencies and blockchain startups.



Source link Coin Desk

ADS

Be the first to comment

Leave a Reply

Your email address will not be published.


*