4.8 • 689 Ratings
🗓️ 26 October 2020
⏱️ 17 minutes
🧾️ Download transcript
As cases rise and the U.S. settles in for a fresh wave of COVID-19, the economic fallout from round one is still being felt, from hedge funds to bankruptcies and beyond.
This episode is sponsored by Crypto.com, Nexo.io and Elliptic.
Today on the Brief:
Our main conversation is about the rise of a new wave of COVID-19 and the economic fallout we’re still trying to address. NLW discusses why we’re starting this next wave more emotionally drained, politically divided and economically fragile than we were in March.
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| 0:49.7 | Everything that we're seeing from the crypto markets to bankruptcies, to hedge fund failures, |
| 0:55.9 | to zombie companies, to questions of the American workforce, they're all part of the same |
| 1:00.9 | story. And I think that we can't ignore how they are interconnected. If we just try to isolate |
| 1:06.3 | them and look at them only in the context of themselves, we simply won't get the full picture. |
| 1:11.1 | That's what I'm trying to do. That's what I'm trying to make sense of as we figure out what |
| 1:14.6 | comes next. Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, |
| 1:23.2 | and the big picture power shifts remaking our world. The breakdown is sponsored by crypto.com, nexo.io, an elliptic, and produced and distributed by |
| 1:33.0 | coin desk. |
| 1:34.9 | What's going on, guys? |
| 1:36.1 | It is Monday, October 26th, and today we are talking hedge fund failures, bankruptcies, and |
| 1:43.0 | pandemic fatigue. First up, however, let's do the brief. |
| 1:47.7 | First on the brief today, a quick follow-up on Turkey. My show on Friday was about the Fiat |
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