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29 Oct, 2021 06:16

US GDP growth cools & international regulators eye crypto-crime connection

Following a red-hot recovery amid the Covid-19 economic rebound, the US has seen GDP growth slow in the third quarter. Boom Bust’s Ben Swann and Octavio Marenzi of Opimas LLC analyze the latest growth figures and whether it is indicative of future issues. This slowdown comes as US President Joe Biden faces a rough patch with some of his key spending measures. We discuss the stalling of a proposed ‘billionaire tax’ that is meeting some pushback with US Congressman Alan Grayson (D-FL) and Jeffrey Tucker of the Brownstone Institute. And global financial regulators are putting cryptocurrency back in their crosshairs. Boom Bust’s Christy Ai fill us in on proposals to crack down on criminal activities in the crypto sector.

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