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CoinDesk Podcast Network

BREAKDOWN: The Potential Consequences of a New China COVID-19 Lockdown

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 15 March 2022

⏱️ 17 minutes

🧾️ Download transcript

Summary

Is more inflation on the way as key parts of the global supply chain become impacted?

This episode is sponsored by Nexo.io, Arculus and FTX US 

Over the past few weeks, China has instituted partial or full lockdowns in Shanghai, Jilin, Shenzhen and other cities. While this story is barely being covered in mainstream media, the crypto and finance communities are concerned that these lockdowns could lead to even more supply chain disruptions at an extremely vulnerable moment for the global economy.

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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: wonry/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.



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Transcript

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0:49.7

Bringing it back to our first question, the consequences of a new China COVID lockdown, of course,

0:55.2

much depends on just how long this lockdown lasts. If it is short, perhaps it only adds

1:01.0

minorly to the already intense inflationary pressures around the world. If, on the other hand,

1:05.8

it becomes a protracted lockdown that further disrupts the global economy, the consequences could be much more serious.

1:13.8

Welcome back to The Breakdown with me, NLW.

1:18.0

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

1:23.8

The breakdown is sponsored by nexo.io, Arculus, and FTX, and produced and distributed by CoinDesk.

1:31.6

What's going on, guys? It is Tuesday, March 15th, and today we are talking about the consequences,

1:38.3

or potential consequences, of a new China COVID lockdown. However, before we get into that, if you were enjoying the breakdown,

1:46.2

please go subscribe, rate, review, you know, the whole shtick. And of course, if you want to get

1:51.1

deeper into the conversation, I would love for you to come join us on the Breakers Discord.

1:55.6

You can find a link in the show notes or go to bit.ly slash breakdown pod. Also, a disclosure,

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