Economic déjà vu
from 1 big thing Hosted by Axios
The British pound has hit the lowest point against the US Dollar since the 1790s. On Monday, the pound was at 1.03 compared to the dollar. This moment feels eerily similar to 2007, at the beginning of the Great Recession. But, as Axios’ Felix Salmon and Courtenay Brown tell us, that doesn’t mean we’re facing the same economic catastrophe now. Plus, Russian anger keeps growing in response to Putin’s draft. And, NASA takes on an asteroid. Guests: Axios' Felix Salmon, Courtenay Brown and Alison Snyder. Credits: Axios Today is produced by Niala Boodhoo, Sara Kehaulani Goo, Alexandra Botti, Lydia McMullen-Laird, Fonda Mwangi and Alex Sugiura. Music is composed by Evan Viola. You can reach us at [email protected]. You can text questions, comments and story ideas to Niala as a text or voice memo to 202-918-4893. Go Deeper: British pound gets pounded as Truss tax cut plan sinks in The world economy has an ominous August 2007 kind of feeling Russian military recruitment offices come under attack after draft order NASA is about to crash a spacecraft into an asteroid
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