The Breakdown

Podcasts

Why Are Execs of Bankrupt Companies Being Rewarded With Millions?

It’s hard to tell people not to be angry with capitalism when the system is rewarding failure with millions of dollars in bankruptcy bonuses.

People  ·  14 July 2020
Podcasts

The Real Story Behind Tesla’s Crazy Rally

As Elon Musk settles into being richer than Warren Buffett, NLW looks at what is driving the Tesla stock rally.

People  ·  13 July 2020
Podcasts

The Mixed Signals Economy: The Breakdown Weekly Recap

Jobless claims are down, coronavirus cases are up and the markets simply don’t know what to do.

People  ·  11 July 2020
Podcasts

You Can’t Fight Outrage Culture With More Outrage, Feat. Michael Krieger

For a decade, Liberty Blitzkrieg has been an essential alternative financial and cultural voice. Here’s why it’s ending.

People  ·  10 July 2020
Podcasts

Inequality, Social Chaos, Bankruptcy Rallies: The Best Insights From FinTwit June 2020

From the "Robinhood Rally" to the most profit-disconnected stock market in history, these are the most interesting ideas from FinTwit last month.

People  ·  9 July 2020
Dogecoin

TikTok Let the Doge Out: Why TikTok Doge Is Everything About 2020 Finance in One Story

After a week of viral videos on TikTok, dogecoin is up 35% in price and 2,000% in volume. What gives?

People  ·  8 July 2020
Markets

China Stocks Surge and NYC Real Estate Craters: 5 Stories Shaping Markets Today

The story of the economy as told by five macroeconomic indicators including Chinese stocks, New York City real estate, coronavirus cases and more.

People  ·  6 July 2020
COVID-19

Welcome to the Groundhog Day Economy (PS, It Sucks)

As states shutter economic activity because of preventable COVID-19 outbreaks, it’s deja vu all over again.

People  ·  27 June 2020
Bitcoin Options

Is Scam Selling Suppressing the Price of Bitcoin?

Scam selling, a big win for privacy from Apple, new jobless claims in the “whack-a-mole” economy and the biggest BTC options expiry ever.

People  ·  25 June 2020
Markets

Bull vs. Bear: Who Has the Economy Right?

From markets to real estate to the dollar to retail, the data on whether the market is recovering or not is hella confused.

People  ·  24 June 2020
Podcasts

A Dozen+ Statistics Proving Millennials Are F%#$&D: The Breakdown Weekly Recap

An economic comparison of where boomers were at the same age as millennials leads to only one conclusion: Millennials are screwed.

People  ·  20 June 2020
Donald Trump

6 Things Jobless Claims Tell Us About the State of the Real Economy

Persistent unemployment and fears of further layoffs are the real economic counterpoint to the financial market’s unbridled enthusiasm.

People  ·  18 June 2020
Bitcoin

Sorry, Bloomberg: Here Are 6 Reasons Why 2020 Is a Great Year for Bitcoin

A Bloomberg senior editor today argued there were six reasons why 2020 was bad for bitcoin. Here’s the opposite case.

People  ·  15 June 2020
Podcasts

The Chad Index Versus Doomer Internet Money: The Breakdown Weekly Recap

This week the wildest, most nonsensical, volatile part of the market wasn’t bitcoin, it was the “Robinhood Rally” in equities.

People  ·  13 June 2020
Inflation

Bitcoin Is More Than an Inflation Hedge

While fears of a “great monetary inflation” have driven the recent bitcoin narrative, other aspects like censorship resistance and peaceful protest matter just as much.

People  ·  12 June 2020