Oil Prices, Coronavirus, and the Debt-Fueled Economy
The magic of the internet is that anyone can get their message in front of thousands or millions of people at any time.
But everyone has an agenda. And we’re emotional beings. So everyone is motivated to play on the emotions of everyone else.
“If it bleeds, it leads” is a tale as old as time. Social media and news media are more the same than different, and they play by the same rules.
Therefore, it should be no surprise that hysteria rules the day.
Into this context, then, let’s talk coronavirus, the collapse of oil prices, and the teetering stock market.
Everyone is scaremongering about all of the above. Why? What do they want from you?
Should you be panicking? Or is now a time to capitalize on opportunities created by other people’s bad decisions?
Listen now to find out!
Intro music by Nick White, producer of The Statist Quo.