Recapping the biggest stories of the week, including Joe Biden’s China plan, a market holding pattern and, of course, the strange competitive saga of SUSHI.
This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
On this edition of the Breakdown Weekly Recap, NLW looks at:
- The “holding pattern economy” – why stocks, jobs and central bank policy seem stuck in place
- Why Joe Biden’s China plan shows that, no matter who wins the presidential election, U.S. economic policy towards China is likely to get more aggressive
- The surveillance state gets stronger as Amazon appoints a former NSA head to its board of directors
- The SUSHI saga
This week on The Breakdown:
Monday | Sorry, Governments, We’re Entering the Era of Private Money
Tuesday | Why Bitcoin Investors Aren’t Worried About This Price Pullback
Wednesday | ‘Absolute Raging Mania’: Famed Investor Druckenmiller Thinks 10% Inflation Is Possible
Thursday | How Monetary Policy Undermined American Resilience
Friday | ‘As Toppy as It Gets’: Metals, Bitcoin and Fiat’s Race to the Bottom, Feat. Tavi Costa