Oil Price Crash and Its Effects on You and the Economy
In this episode, we talk about the oil price crash and its effects on you and the economy.
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In my network of friends / family / colleagues, I’m most often known as ‘The Investment Guy’.
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Because of this, I’m often asked about the latest trend in investing, whether would it be years ago, gold and silver, the Greek Crash a couple of years ago, or more recently, weed stocks and cryptocurrency.
To see our other videos in this series, where I give my thoughts on weed stocks, crypto, diversification, retirement plans and more, click here.
Earlier this week oil prices crashed more than 300% to negative levels for the first time in history…
I did a Facebook Live earlier this week explaining why this happened, what it means for you, what it means going forward, and why this could potentially lead to the entire country’s economies collapsing.
A Summary
Here are some of the things I talked about in the 1 – hour video above.
- Why this price crashed happened
- What it means for you
- Why is it important
- How it could lead to an economic collapse of countries.
- And more…
This video is part of the IloveValueInvesting Podcast. Feedspot recently voted our podcast as part of top 15 value investing podcast in the world.
You can listen to this episode and our others in this podcast by going here.
Does my reasoning in the video make sense to you? As a value investor do you invest in crypto? Let me know in the comments below.
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