Oil prices went negative on April 20th, 2020. This essentially translated to oil producers paying buyers to take oil. This was the result of a lack of demand for oil causing a lack of storage / a fear of a lack of storage.
A collection of explainers, references, opinions, and other supplementary material to help you better understand our collection of facts and myths.
The main differences between Trump, Biden, and Bernie on healthcare center around how insurance is paid for and what benefits are included. That then impacts who gets insurance, what it costs, and what taxes look like.
We present facts and myths on the coronavirus disease 2019 (COVID-19). All of our data comes from official sources like the WHO and CDC when possible.
To trade or invest in cryptocurrency you’ll need a cryptocurrency wallet and an exchange to trade on. Luckily, some platforms like Coinbase provide both services in one place.
The Dunning–Kruger effect is when people over-estimate their competence in something due to a lack of experience in that thing.
It is common to confuse we’re, were, and where. We’re is a contraction of “we are,” where references location, and were is the plural past tense of “are.” Used in a sentence, it works like this, “we’re where we were.”
Options contracts represent the right to buy or sell an underlying asset, before an expiration date, once certain price conditions are met.
Mukbang is a fad that started in South Korea where people film or broadcast themselves eating food (often large amounts of food) to create an “eating show.” Mukbang can be thought of as “performance eating.”
In my opinion capitalism works because it is based around the built in incentive of capital. In capitalism, capital itself is an ever-present motivator. Producing capital is rewarded with capital, which inspires more capital to be produced. This is a feedback loop that drives the production of capital and the accumulation of excess capital.
A favorite political term used by the political right to insult the left is “commie,” “communist,” or “socialist.” We look at why right-wingers call left-wingers “commies” and other such terms.