State of the World from NPR - For the 1st time since Russia invaded, ships are set to depart Ukraine with grain
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With two quarters of negative GDP growth, are we in a recession or not?
This episode is sponsored by Nexo.io, Chainalysis and FTX US.
“Recession” is the latest word to run afoul of our shifting definitions and political newspeak. This week, numbers from Q2 came out showing that the U.S. had seen a declining GDP for the second quarter in a row – a fairly standard definition of a recession. The political spin was immediate and tortured, but in today’s episode, NLW argues that the caring about the label itself may be the bigger problem.
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Nexo is a security-first platform where you can buy, exchange and borrow against your crypto. The company safeguards your crypto by relying on five key fundamentals including real-time auditing and insurance on custodial assets. Learn more at nexo.io.
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Chainalysis is the blockchain data platform. We provide data, software, services and research to government agencies, exchanges, financial institutions and insurance and cybersecurity companies. Our data powers investigation, compliance and market intelligence software that has been used to solve some of the world’s most high-profile criminal cases. For more information, visit www.chainalysis.com.
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FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today.
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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Eleanor Pahl and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “The Now” by Aaron Sprinkle. Image credit: Malte Mueller/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
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West Virginia Senator Joe Manchin is now in support of the a bill to address climate, health care, and taxes. So, happy day and all is forgiven! But many are feeling scarred and even despondent. Is that useful? Plus, we’re joined by publisher Sean Michael Robinson and Eisner-nominated cartoonist Carson Grubaugh to discuss the first ever AI-generated comic, The Abolition Of Man. And, yes, it’s an Antwentig, where we discuss fundraising successes and follow-up questions…or lack thereof.
Produced by Joel Patterson and Corey Wara
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Gofundme: Fundraiser by Jacqueline White : Help secure A brighter future for Kavon &Kaleigh (gofundme.com)
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By Carl Phillips
To some, Bitcoin and similar cryptocurrencies are the future of finance, deregulated and free from the problems of the existing financial others. To critics, they're little more than a bad investment or an outright ponzi scheme. But what happens when the coins begin to crash? In today's episode, the guys explore what led to the ongoing Bitcoin crash -- and why some believe there's more to the story.
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Hundreds of homes destroyed in deadly Kentucky floods. Vets caught in the middle as Congress fights. Rising rent pushes more people onto the streets. CBS News Correspondent Steve Kathan has today's World News Roundup.
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