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#85 Bethany McLean: Crafting a Narrative
The Knowledge Project with Shane Parrish
The Price War in the Economic Collapse Is Lowering the Price of Oil
The focus of the markets had already shifted to making companies produce positive cash flow. The wild card that had kept production growing was actually private equity money. And now all the capital is drying up, and the investors in private equity are starting to say, wait a minute. We don't know if we want to take this risk....
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