Central Banks Cannot Print Jobs: Understanding Real Economic Recovery, feat. Daniel Lacalle
The Breakdown
English - July 08, 2020 01:00 - 1 hour - ★★★★★ - 35 ratingsTechnology Business crypto cryptocurrency bitcoin blockchain Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Today on the Brief:
Social media apps get caught in geopolitical tensions
Pitchforks around the Paycheck Protection Program
Brazil blocks Binance
Our main discussion is with Daniel Lacalle. Daniel is chief economist at Tressis and is the author of numerous books including “Life in the Financial Markets,” “Escape from the Central Bank Trap” and his most recent, “Freedom or Equality.” He has been named one of the 100 most influential economists in the world by Richtopia.
In this conversation, he and NLW discuss:
Why the recovery will likely be “L” shaped and uneven, not “V” shaped
Why the “bailout of everything” undermines capitalism and promotes zombie companies that can’t service their debts
Why zombie companies crowd out space for startups and small businesses
How government programs can incentivize relationships with government over strong business practices
How the current economic crisis could become a banking crisis
Find our guest online:
Website: dlacalle.com
Twitter: @dlacalle_IA
Today on the Brief:
Social media apps get caught in geopolitical tensions Pitchforks around the Paycheck Protection Program Brazil blocks BinanceOur main discussion is with Daniel Lacalle. Daniel is chief economist at Tressis and is the author of numerous books including “Life in the Financial Markets,” “Escape from the Central Bank Trap” and his most recent, “Freedom or Equality.” He has been named one of the 100 most influential economists in the world by Richtopia.
In this conversation, he and NLW discuss:
Why the recovery will likely be “L” shaped and uneven, not “V” shaped Why the “bailout of everything” undermines capitalism and promotes zombie companies that can’t service their debts Why zombie companies crowd out space for startups and small businesses How government programs can incentivize relationships with government over strong business practices How the current economic crisis could become a banking crisisFind our guest online:
Website: dlacalle.comTwitter: @dlacalle_IA