So, Are We Headed Into Recession or Not?

Jun 7, 2022

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Introduction

00:00 • 6min

The Future of Cryptocurrency

05:48 • 2min

The Fed Is Not Forecasting a Recession

07:46 • 4min

Is There a Side That Says, No, We're Not Going to Have a Recession?

11:21 • 3min

What Happens From September On?

14:30 • 2min

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

Last week, corporate executives from Tesla’s Elon Musk to BlackRock’s Larry Fink discussed what they see as a coming recession. JPMorgan Chase CEO Jamie Dimon called the coming economic environment a “hurricane.” At the same time, last week’s jobs report was a surprise, as payrolls grew more than economists expected. On today’s show, NLW looks at the two sides of the recession debate.

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Consensus 2022, the industry’s most influential event, is happening June 9–12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code BREAKDOWN to get 15% off your pass at www.coindesk.com/consensus2022.

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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. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “Catnip” by Famous Cats and “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: Malte Mueller/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.