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Are you wondering why financial markets are reacting negatively to the price of oil being too low? Shouldn’t an oil price around $30 a barrel be a good thing? After all, cheaper pump prices mean consumers have more to spend elsewhere.

We’re not talking about an 80’s rock band and a Bizarre Love Triangle. Rather a world that is dealing with a massive oversupply of oil and cash, and a clunky transition for the world’s largest economy.

In November, the RBA left interest rates unchanged, and they were vindicated with a number of key measures showing the economy improving.

Some 80 years ago Mao Zedong (leader of the Chinese Communists) commenced an epic Long March which covered some 4,000 miles, crossing 18 mountains and 24 rivers, lasting a year. By the end, Mao had grown his Red army, and defeated the Nationalist forces.