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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.

(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.

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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.

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.

Nathaniel Whittemore