CoinDesk Podcast Network
BREAKDOWN: Mirage Recovery – What ‘Record’ GDP Growth Tells Us About the Economy
The Department of Commerce’s new report shows 33.1% annualized growth in Q3, but does this really tell us much about the state of the economy?
This episode is sponsored by Crypto.com, Nexo.io and Elliptic.
Today on the Brief:
- FTX launches equities trading
- Avanti gets Wyoming bank charter
- France locks down and ECB intimates new stimulus
Our main discussion: GDP growth report
The Department of Commerce released its Q3 GDP numbers. Touted as record growth, this is actually a much more complicated story. In this episode, NLW breaks down what the numbers tell us and what they don’t, and why we should be more focused on understanding long-term consumer behavior shifts than short-term numbers.
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