In 2006, Oprah Winfrey profiled three families, their spending habits, and their out of control debt. The episode caused a huge stir, with audience members, the public, and Oprah herself adding a level of shame and disbelief at how the families spent their money. It also launched the eight-step “debt diet” program. But the episodes didn’t get at the larger structural questions of why families end up in debt, and why it’s so hard to break free.
Special Guest: Mehrsa Baradaran, professor at UC-Irvine and author of How the Other Half Banks and The Color of Money: Black Banks and the Racial Wealth Gap.
Find lots more and subscribe to our newsletter on our website — Oprahdemics.com
Producer Nina Earnest, Executive Producer Jody Avirgan. Artwork by Jonathan Conda.
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On today’s episode, NLW covers a set of recent news in the crypto industry, including:
Reactions to the Responsible Financial Innovation Act
SEC investigating Binance over BNB
Reuters report on Binance and money laundering
BlockFi raising money on a down round
Coinbase’s rescinded job offers
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NEAR is a blockchain for a world reimagined. Through simple, secure, and scalable technology, NEAR empowers millions to invent and explore new experiences. Business, creativity, and community are being reimagined for a more sustainable and inclusive future. Find out more at NEAR.org.
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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: Andriy Onufriyenko/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
Eli Lake joins the podcast to talk about the staggering results in the California primary last night, in which a progressive prosecutor was recalled and an all-but-in-name Republican came in first in the Los Angeles mayoral race. Give a listen. Source
For some, outsourcing is perfectly fine -- for others, it's dangerous. In today's episode, the guys dive into the ins and outs of outsourcing, from the advantages to the drawbacks... to the conspiracies and corruption surrounding it.
It will be an emotional day in Congress as survivors from Uvalde and Buffalo pressure lawmakers on guns. FBI sued by Larry Nassar's victims. 50 years since an iconic Vietnam photo. CBS News Correspondent Steve Kathan has today's World News Roundup.
The Summit of the Americas. It’s when the leaders of all the nations of the Western Hemisphere get together every three to four years and and talk shop. This year’s edition is in the United States, for the second time ever — and the Summit will happen right here in Los Angeles.
Today, we get into this conference — how it began. What usually happens. And whether the U.S. wields the same influence in the Americas as it has for two centuries.
Pakistan’s government faces an unpleasant choice between doing what’s popular and what is economically necessary, as Imran Khan, the former prime minister, exploits widespread discontent for his own ends. Russia’s invasion is threatening Ukraine’s unique seed bank. And why so many languages have such a rich variety of words to describe family members and relationships. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer
Guest: Patrick Malatack is a partner at Matrix Partners, early stage investment firm. Prior to that, he spent 7 years at Twilio, leading product and launching messaging. He also spent 4 years at Microsoft, managing the MS Project program.
Questions:
What things did you build, or attempt to build, at Twilio around the messaging problem?
Why does notifications as infrastructure make sense?
Tell about your perspective on Notifications being a layer of user experience.
What did you see in Troy based on your experiences, to indicate he gets it?
How strongly do you advise your portfolio companies to use a solution like Courier?
Nestle sees America is consuming record amounts of coffee, so it’s piggybacking with record coffee creamer sales — and making it sweet. Palantir’s CEO did what no other CEO has: visited the President of Ukraine in wartime Liev. And Target just updated us again that they’re in some trouble — next up, a firesale in aisle 6.
$NSRGY $PLTR $TGT
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