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> Why the hell do you think the stock market tanked into recession territory? They're already calling it "Black Monday" in the news. There was a small matter o
by oarsinsync 7y ago
> Why the hell do you think the stock market tanked into recession territory? They're already calling it "Black Monday" in the news.
There was a small matter of oil prices dipping as a result of negotiations breaking down between Saudi Arabia and Russia, which may have played a minor role in Monday’s events.
I don’t disagree with your general sentiment, but there was more to the events on Monday than a virus.
- gdy 7y agoWhy would a stock market tank because of low fuel price?
- everybodyknows 7y agoInsolvency for US producers, followed by cascading loan failures.