BREAKDOWN: 11 Numbers That Tell the Story of the Economy Right Now
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 7 August 2020
⏱️ 14 minutes
🧾️ Download transcript
Summary
From the price of coffee to the national debt as a percentage of GDP, these 11 numbers provide a picture of a fast changing global economy.
This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Mainstream financial media loves reporting the stock market like it's the only economic indicator that matters. On this episode, NLW breaks down 11 numbers that together tell a much more complete story, including:
- Record price of gold
- Square’s bitcoin revenue
- National debt as a percentage of GDP
- Fall of the Turkish lira
- Price of coffee, sugar and cocoa
- Housing in auto demand
- Anti-Chinese sentiment in the U.S.
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Transcript
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| 0:53.8 | Welcome back to The Breakdown with me, NLW. |
| 0:59.0 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 1:05.0 | The breakdown is sponsored by crypto.com, BitStamp, and nexo.io, and produced and distributed by CoinDesk. |
| 1:14.5 | What's going on, guys? It is Friday, August 7th, and today I'm doing something a little bit |
| 1:20.4 | different. Over the last three days, I have pummeled you with so many big ideas and questions. |
| 1:30.4 | Can social media be redeemed as a force for good in society, or is it just going to tear us apart even further? Is there a big shift |
| 1:36.8 | to a new stagflation environment that's going to have major consequences for us? Is there a possibility |
| 1:43.4 | of a post-central bank world, or is this the system |
| 1:47.3 | forever? These are literally just the questions that we've been talking about for the last three |
| 1:51.5 | days, so instead of hitting you with more big thoughts today, I thought I'd hit you with some |
| 1:57.2 | numbers. This episode is going to be 11 numbers that I think tell the story of the world |
| 2:02.7 | economy right now. You'll notice I'm not doing a brief, and that's because I'm actually |
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