meta_pixel
Tapesearch Logo
Log in
The Breakdown

The Latest on the Global Economy’s Most Contentious Relationship

The Breakdown

Blockworks

Investing, Business

4.8786 Ratings

🗓️ 11 August 2020

⏱️ 20 minutes

🧾️ Download transcript

Summary

Today on the Brief: Grayscale launches national digital asset TV ad campaign Rough times for oil as Saudi Aramco sees 73% decline in revenue Kodak crashes as government grant paused amid allegations of impropriety   Our main conversation is a look at the latest skirmishes between the United States and China, including: U.S. sanctions on Hong Kong leaders including Carrie Lam  Retaliatory Chinese sanctions on U.S. politicians  The arrest of a pro-democracy Hong Kong media tycoon Arrest warrants issued for six foreign Hong Kong democracy advocates  President Trump signs executive orders targeting TikTok and WeChat Twitter enters the race to buy TikTok before the Executive Order ban takes effect Impact on banks, the Hong Kong stock market and Huawei

Transcript

Click on a timestamp to play from that location

0:00.0

Joshua Lai, for his part, had sort of prophesied this.

0:04.0

In an op-ed in the New York Times at the end of May, he wrote,

0:07.5

I have always thought I might one day be sent to jail for my publications

0:10.9

or for my calls for democracy in Hong Kong.

0:13.7

But for a few tweets, and because they are said to threaten the national security of

0:17.8

mighty China, that's a new one, even for me.

0:21.9

Welcome back to The Breakdown with me, NLW.

0:26.1

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

0:32.0

The breakdown is sponsored by crypto.com, Bitstamp, and nexo.io, and produced and distributed by CoinDesk.

0:41.9

What's going on, guys? It is Monday, August 10th, and today we are going to look at the latest

0:48.8

in the world's most contentious and important business relationship. That is, of course, the relationship between

0:56.3

the U.S. and China. There has been a huge number of new developments over just the last week or so,

1:01.9

so we're going to look at all of that. First, however, let's do the brief. First up on the brief today,

1:07.4

it is not just me who thinks that we are on the verge of a new bull run.

1:12.4

Grayscale has launched a new national ad promoting their products around digital assets.

1:18.5

The new national campaign is being run on CNBC, MSNBC, Fox and Fox Business, and features

1:26.0

this 30-second spot.

1:28.1

Before money, people traded goods, tools, cattle, brain, even shells represented value.

1:35.3

Then currency came along.

1:36.9

They made it out of copper, gold, silver, wampum.

1:40.6

Soon people decided to put all that value into a piece of paper.

1:45.2

Then proceeded to wave goodbye to value, printing unlimited amounts of money as they passed a buck to the future.

...

Please login to see the full transcript.

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.

Copyright © Tapesearch 2025.