Central Banks Cannot Print Jobs: Understanding Real Economic Recovery, feat. Daniel Lacalle

<p><span style="font-weight: 400;">Today on the Brief:</span></p> <ul> <li style="font-weight: 400;"><span style= "font-weight: 400;">Social media apps get caught in geopolitical tensions </span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Pitchforks around the Paycheck Protection Program </span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Brazil blocks Binance</span></li> </ul> <p><span style="font-weight: 400;">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. </span></p> <p><span style="font-weight: 400;">In this conversation, he and NLW discuss:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">Why the recovery will likely be “L” shaped and uneven, not “V” shaped</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why the “bailout of everything” undermines capitalism and promotes zombie companies that can’t service their debts</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why zombie companies crowd out space for startups and small businesses </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">How government programs can incentivize relationships with government over strong business practices </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">How the current economic crisis could become a banking crisis</span></li> </ul> <p><strong>Find our guest online:</strong></p> <ul> <li><span style="font-weight: 400;">Website:</span> <a href= "https://www.dlacalle.com/en/"><span style= "font-weight: 400;">dlacalle.com</span></a></li> <li><span style="font-weight: 400;">Twitter: <a href= "https://twitter.com/dlacalle_IA">@dlacalle_IA</a></span></li> </ul>