For years I've been listening to how high oil prices are BAD®!
Now that oil prices are in the basement, low oil prices are BAD®!
Low oil prices have caused the unlimited stakes gamblers to panic and run for other markets to make up for their losses in oil.
This causes the rest of the stock market to freak out.
I surely know how a medieval peasant felt once the planting was done and the local baron was feeling stroppy about the neighboring fief.
My life is affected by the decisions of degenerate gamblers who are not accountable to me in anyway just as a peasant would be by his lord deciding it was time to go to war.
But the stock market is a section of economics that pisses me off.
The reason it pisses me off is the media manages to portray every indicator as being bad, especially opposites.
It occurs to me that what's going on with COVID-19 and oil prices, and something that we should prolly address, is the mass media is screaming "fire" in a crowded theater when they try to provoke market panics to assault an elected official they don't like very much.
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