4min chapter

The New Bazaar cover image

The economy in one (more) episode

The New Bazaar

CHAPTER

The Breakeven Price of Oil

Oil prices in the s going negative. A lot of oil production in the us. Just shuts down or stops at varying degrees. Meat packing plants are probably the worst place to be during a respiratory very danger demia. And so that meant that the plants just couldn't process as much meat as they wanted to. That had an impact on the farmers that were culled and their herds. Takes a while to get it back. The only thing that happened is that with restaurants, if you're buying certain types of meat that didn't really have a retail market return for all different cuts,. People are buying things like ging o, bakin, morsace ting.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode