Opinion

As Economic Indicators Get Worse, the US Revs Up the Next Multi-Trillion Stimulus

The Breakdown Weekly Recap covers growing U.S.-China tensions, worsening job numbers and the next casual $1 trillion to $3 trillion in stimulus.

By Nathaniel Whittemore

Jul 25, 2020 at 2:00 p.m. UTC

Updated Sep 14, 2021 at 9:35 a.m. UTC

By Nathaniel Whittemore

Jul 25, 2020 at 2:00 p.m. UTCUpdated Sep 14, 2021 at 9:35 a.m. UTC

steve mnuchin economic stimulus — (Matias Lynch/Shutterstock)

By Nathaniel Whittemore

Jul 25, 2020 at 2:00 p.m. UTCUpdated Sep 14, 2021 at 9:35 a.m. UTC

The Breakdown Weekly Recap covers growing U.S.-China tensions, worsening job numbers and the next casual $1 trillion to $3 trillion in stimulus.

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This episode is sponsored by Bitstamp and Crypto.com.

This week on the Breakdown Weekly Recap, NLW covers:

A terrible week for U.S.-China tensions, with dueling consulate closures and a strikingly hawkish speech from U.S. Secretary of State Mike Pompeo
Worsening economic indicators, particularly around jobless claims which saw their first weekly rise in four months
The likely size of the next U.S. stimulus bill

This week on The Breakdown:

Monday | What Is GPT-3 and Should We Be Terrified?

Tuesday | What’s Behind the Fed’s New Push to Promote Inflation?

Wednesday | A Simple Explanation of DeFi and Yield Farming Using Actual Human Words

Thursday | Will Big Tech Enable or Destroy Small Business? Feat. Sahil Bloom

Friday | Could the European Recovery Plan Actually Break Europe Apart?

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Nathaniel Whittemore