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People Aren’t Buying the ‘Great American Recovery’ Narrative

Despite the stock market returning to all-time highs, many can’t shake the feeling that all is not well in the economy.

(Luke Stackpoole/Unsplash)
(Luke Stackpoole/Unsplash)

Despite the stock market returning to all-time highs, many can’t shake the feeling that all is not well in the economy.

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This episode is sponsored by Crypto.comBitstamp and Nexo.io.

See also: S&P5 vs. S&P 500: The Real Story of the Stock Market Recovery

Today on The Breakdown’s Weekly Recap:

  • People aren’t buying “the Great American Recovery”
  • Let’s stop considering the economy as one thing
  • Dave Portnoy doesn’t care about your principles
  • DeFi is the Wild West and saved only by the fact that no normie understands what the hell is going on
  • Bitcoin is being compared to the dollar not stocks and that’s serious progress

This week on The Breakdown:

Monday | What’s Actually Happening With Inflation Right Now

Tuesday | How Excess Capital and Low Interest Rates Reshaped Silicon Valley, Feat. Chris McCann

Wednesday | S&P5 vs. S&P 500: The Real Story of the Stock Market Recovery

Thursday | The Most Pro-Bitcoin Politicians in the US

Friday | Winter Is Coming: Examining the Economy’s Eight-Body Problem

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