A K-Shaped Recession?

The Breakdown

Blockworks

Investing, Business

4.8 • 786 Ratings

🗓️ 16 July 2022

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This episode is sponsored by Nexo.io, Chainalysis, FTX US and Ava Labs. Is a recession coming? Are we in a recession already? Can we be in a recession with only 3.6% unemployment? On today’s episode, NLW explores the new narrative of recession starting to take hold in financial media (and American households). - Nexo is a security-first platform where you can buy, exchange and borrow against your crypto. The company safeguards your crypto by relying on five key fundamentals including real-time auditing and insurance on custodial assets. Learn more at nexo.io. - Chainalysis is the blockchain data platform. We provide data, software, services and research to government agencies, exchanges, financial institutions and insurance and cybersecurity companies. Our data powers investigation, compliance and market intelligence software that has been used to solve some of the world’s most high-profile criminal cases. For more information, visit www.chainalysis.com. - FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today. - Ava Labs releases Core, the free, non-custodial browser extension, built for the power of Avalanche. Core is an all-in-one operating system bringing together Avalanche apps, Subnets, bridges and NFTs in one seamless, high-performance experience. Eager to start using Web3 dapps to their fullest potential? Download today at core.app! - “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “The Now” by Aaron Sprinkle. Image credit: Peter Zelei Images /Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome back to The Breakdown with me, NLW.
0:09.2	It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.
0:14.8	The breakdown is sponsored by nexus.i-o, chain aliasis, and FtX, and produced and distributed by CoinDess.
0:24.2	What's going on, guys is friday july 15th and today we are talking about a pay-shaped recession before we get into that
0:31.0	however if you are enjoying the breakdown please go subscribe to it give it a rating give it a review
0:35.7	or if you want to dig deeper into the
0:37.5	conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to
0:41.7	bit.ly slash breakdown pod. Also, a disclosure as always, in addition to them being a sponsor of the
0:47.3	show, I also work with FTX. Lastly, this week I am also excited to welcome Ava Labs as an additional
0:53.8	sponsor.
0:54.9	Did you know you can bridge Bitcoin natively across the Avalanche bridge and take advantage
0:59.0	of the growing DeFi ecosystem on Avalanche?
1:01.8	This is just one of the innovative features of Core, the new non-custodial browser extension
1:05.8	and wallet developed by Avalabs.
1:08.3	Core is engineered for Avalanche users to have the most secure and seamless
1:11.4	Web3 experience. Easily swap assets, display your NFTs in style, and store your assets
1:16.8	in a ledger-enabled wallet. Plus, you can put real dollars in your Core wallet in just a few clicks.
1:21.9	Go to core.app to access the full power of Web3 on Avalanche.
1:27.0	All right, friends, today we are asking the question
1:29.6	that will absolutely dominate financial media for the months to come. Are we headed into a recession?
1:36.3	Or, in fact, are we already there? Now, what's clear is that we are in the midst of a narrative shift.
1:42.2	Inflation seems incredibly persistent and sticky, which means that
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Blockworks, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Blockworks and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.