This week, Nick Clegg, Facebook vice president for global affairs and communications, joined to react to the growing number of companies joining the advertising boycott of Facebook over charges the platform is not doing enough to quell hate speech. Nobel Laureate Paul Krugman spoke with Joe ahead of jobs day about resurgence of COVID infections, how government programs to fight the subsequent economic downturn have played out in practice and why he thinks the U.S. economy "is in big trouble." Then Caroline put the CEO Spotlight on Dow's Jim Fitterling with a wide-ranging interview about how the company is faring amid the pandemic, his pledge to go carbon neutral by 2050, and how coming out to his workforce and serving as one of the few openly gay CEO's in corporate America has informed his vision of workplace diversity and inclusion. See omnystudio.com/listener for privacy information.

Paul Krugman Thinks the U.S. Economy is "In Big Trouble"

Every week, we feature the best and most interesting interviews from Bloomberg's daily market close show, "What'd You Miss" hosted by Joe Weisenthal, Caroline Hyde and Romaine Bostick. We want to take you beyond the headlines and bring you a unique perspective on the week's top stories, and those you may just have missed. It's the perfect way to kick off your weekend.

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This week, Jon Huntley, senior economist at the Penn Wharton Budget Model, came on to discuss the budgetary and economic impact of the infrastructure package. Rune Christensen, the co-founder of MakerDAO, joined to talk DeFi and decentralized stable coins. Zvi Schreiber, the CEO and founder of Freightos, an internet marketplace for the trillion-dollar international freight market, came on to talk about his new book: "Money, Going Out of Style: The Story of Money and Thee Mystery of its Decline" and why he thinks fiat currency is having a midlife crisis. Then John Gerner, the managing director at the consulting group Leisure Business Advisors, reacted to Disney earnings and explained why he was impressed. See omnystudio.com/listener for privacy information.

Fiat Currency is Having a Midlife Crisis

Serial SPAC dealmaker Betsy Cohen joined to talk about finding her seventh target, Pico, a New York-based technology provider for financial services companies that merged with FTAC Athena Acquisition Corp. in a $1.75 billion blank-check company deal. Senator Cynthia Lummis, Republican of Wyoming, came on to discuss the cryptocurrency amendment holding up the infrastructure package and why she is trying to narrow the language of the provision. Adam Ozimek, the chief economist at Upwork, outlined his latest report titled, "The Great Resignation" about the lasting impacts of the pandemic on the labor market. Then Glenn Fogel, the CEO of Booking Holdings, reacted to their second quarter earnings and talked about the impact of the Delta variant on the travel rebound. See omnystudio.com/listener for privacy information.

Serial SPAC-er Betsy Cohen Finds Her Seventh Target

This week, NYU Stern School of Business finance professor Aswath Damodaran, joined to talk about why corporate earnings reports and regulatory filings keep getting longer, and why it's not necessarily a good thing for investors. Professor Damodaran explained why he thinks we are having a "disclosure dilemma" with all of this additional corporate data leading to even less information. Christie's CEO Guillaume Cerutti went through the global art market boom in everything from NFTs to jewelry and explained what's driving consumers back in record numbers. Then Steve Cadigan, who formerly served as the vice president of people at LinkedIn, joined to talk about his new book, "Workquake: Embracing the Aftershocks of COVID-19 to Create a Better Model of Working," and what's behind that massive churn in the labor market driving high levels of job openings and resignations. See omnystudio.com/listener for privacy information.

Companies Have Lost the Distinction Between Data and Information

This week, Grayscale Investments CEO Michael Sonnenshein joined to react to bitcoin's selling off below $30,000 and said crypto investors are used to the volatility. Chairman and CEO of United Wholesale Mortgage Mat Ishbia went through this week's housing data and explained why he thinks the housing market will stay hot. Nicole Perrin, an emarketer principal analyst at Insider Intelligence came on to talk about Twitter and Snapchat's earnings and the pandemic boom in digital advertising. Then Willy Shih, a management practice professor at Harvard Business School, discussed the ongoing global chip crisis and whether anything other than time itself can mitigate the shortage. See omnystudio.com/listener for privacy information.

Crypto Investors Are Used to Volatility

This week, Binance.US CEO Brian Brooks joined along with Bloomberg Wall Street correspondent Sonali Basak to talk about hiring ex-regulator Manuel Alvarez and why regulation does not have to be a bad thing for the crypto space. Alyse Killeen, the founding managing partner at StillMark, the first Bitcoin-specific venture capital firm, discussed investing in bitcoin. Rick Palacios, principal and director of research at John Burns Real Estate Consulting, came on to talk about the housing market and why it's still so difficult to find building materials. Then Octahedron Capital Management founder Ram Parameswaran, who has been a very consistent bull on the Chinese tech sector, discussed whether Beijing's crackdown has made him rethink that stance. See omnystudio.com/listener for privacy information.

Paul Krugman Thinks the U.S. Economy is "In Big Trouble"

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