BREAKDOWN: Rage Against the Economic Machine... The Best of the Breakdown July 2020
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 3 August 2020
⏱️ 30 minutes
🧾️ Download transcript
Summary
A recap show on wealth inequality, stock markets and taking it back featuring Jill Carlson, Michael Krieger, Daniel Lacalle, George Gammon and more.
This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Today on the Brief:
- The TikTok-Microsoft Deal
- The Twitter hacker was 17
- A changing of the guard for crypto hedge funds
Our main discussion: recapping the best interviews of July 2020
Despite a huge variety of perspectives and experiences, one theme shown through in Breakdown conversations in July: the disparity between the stock market and the real economy and a growing unwillingness of people to accept their place in the order.
This show features clips from:
- George Gammon - @GeorgeGammon
- Daniel Lacalle - @dlacalle_IA
- George Goncalves - @bondstrategist
- Sahil Bloom - @SahilBloom
- Tyrone Ross - @TR401
- Tony Greer - @TgMacro
- Jill Carlson - @jillruthcarlson
- Michael Krieger - @LibertyBlitz
- Sergey Nazarov - @SergeyNazarov
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Transcript
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| 0:49.7 | Around them, they just see that, my gosh, my standard of living is not improving. I turn on the TV, |
| 0:56.9 | and it's supposedly the greatest economy of all time in human history. It sure doesn't feel like |
| 1:03.2 | the greatest economy of all time in human history. And then we're going through all these boom and |
| 1:08.7 | bus cycles. I mean, I used to be relatively well off on |
| 1:13.3 | paper, you know, this is maybe a baby boomer in my 401k, and then that got crushed in the dot com |
| 1:20.6 | bust. And then I tried to go into real estate because that was the smart thing to do. And then I |
| 1:26.5 | got completely wiped out there. |
| 1:28.9 | And so then I went back into the market. |
| 1:31.2 | Fortunately, it's gone up. |
| 1:32.3 | But now I'm 70 years old and I just can't afford for this market to go down again. |
| 1:39.0 | Welcome back to The Breakdown with me, NLW. |
| 1:43.1 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
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