Since Keynesian economics has reined supreme among mainstream economists for decades, you might want to know some of the basics.
If this is confusing to you though, don’t worry about it! There are people in charge who have it all under control.
Source: The Austrian Insider
Submitted by Judith Bergman via The Gatestone Institute,
Is this House Resolution a prelude? Has Attorney General Lynch seen the potential for someone lifting her "mantle of anti-Muslim rhetoric"? And what is "anti-Muslim rhetoric" exactly? Criticizing Islam? Debating Mohammed? Discussing whether ISIS is a true manifestation of Islam? Who decides the definition of "hate speech" against Muslims?
The House of Saud isn’t exactly what it appears to be, as the Saudi Arabia royal family was actually born out of a zionist Western plot to exert control over the Middle East on behalf of the UK and U.S. The west wished to dominate the Arabian Peninsula, with its vast oil reserves and geopolitical advantages offered by its highly sought after location, and they have done exactly that.
A few days ago Pakistani forces infiltrated the Indian airforce base on the western border. And more recently there was news of an Indian consulate in Afghanistan coming under attack. These provocations run a very real risk of war if India retaliates against Pakistan. That war could go nuclear as Pakistan previously declared that any attack by Indian forces would lead to a nuclear retaliation.
Everyone knows that at $35/barrel oil, virtually every US shale company is cash flow negative and is therefore burning through cash and other forms of liquidity such as bank revolvers and term loans, just as everyone knows that should oil remain at these prices, the US shale sector is facing an avalanche of defaults.
What is less known is who will be the next round of companies to default.