I think it's a natural effect of internet expansion. Stick 7B humans in a room together and you'll get a lot of noise because the world is a big place and events are literally happening everywhere all at once. Some find opportunity in that because the real world power is still trapped in spatially localized social networks and the internet can't reliably pierce that realm. Secrets are valuable.

The noise we interact with is the intersection of waves created half a world away and the waves we create or come into contact with locally. The best perspective to maintain, in my opinion, is that local is the most important. If you were under immediate threat of death (eg a stranger with a knife in your home), you probably wouldn't care what's happening in DC, you'd be 100% focused on the danger in front of you. I measure that as "more important". The problem is in distant or murky danger, where you don't want to be caught off-guard. You have to be able to gauge your ability to adapt and achieve safety in comparison to the magnitude of danger, then limit your anxieties. Do what you can to be prepared and accept the rest. (This is what I have learned from a lifelong anxiety disorder).

There is also no general mechanism for making sense of the massive amount of information being produced, so it's overwhelming. Google attacks the problem as an indexing tool (I'm sure they're attempting to become a generally intelligent agent). Wikipedia is a curated collection of humanity's abstract knowledge. Neither describes causality of arbitrary macroeconomic events though. If there was one broadly accepted source of truth then we'd all cling to it like a life raft.