I think that it would be true to say that sudden spurts of economic growth are often caused by preparation for war, war itself, and post-war reconstruction. This process in particular was occasioned by the end of WW1 which was succeeded by a restless and runaway period of economic growth based on the US Stock…
A two-year drop in oil prices has inflicted a dramatic blow to the economy of one of the world’s richest countries. If no changes are made, Saudi Arabia, according to some Saudi experts, will go bankrupt in three to four years. Since 90 percent of the kingdom’s income is derived from oil exports, the price…
Source: activistpost.com By Brandon Turbeville Any informed observer, by now, should be fully aware that the Saudis are hurting financially. That is, they are hurting as much as any degenerate hedonistic ruling class of genetic royalty can be. But, while Saudi princes roll around in money and women and unspeakably depraved forms of entertainment and while…
