Saul via John Smallman: You are realizing that you are indeed beings of Love, created in Love

Kanaliseret af John Smallman 29-12-2014
© 2014 JohnsSmallman

The New Year, 2015, is nearly upon you, and I can assure you that it has some wonderful surprises in store for you!

Yes, I am being optimistic and up-beat because your task is to keep your spirits high so that you remain in the “fast lane” towards home, and one of my tasks is to assist and encourage you.  But that does not mean that I am misleading you!  I would never do that.  However, many of you are feeling disappointed and let down because it seems to you that “the event,” for which you are all waiting so enthusiastically, has at best been delayed and at worst is a delusion that you bought into because the world situation appears so grim, and because you desperately wanted and needed something uplifting and inspiring to cling to.

Well “the event,” your awakening into your natural and fully conscious state, is more real than anything you have ever experienced within the illusory environment that seems to hold you unwillingly in its clutches.  Truly you are not held unwillingly, you are just afraid to let go of the illusion to which you are clinging so firmly and consign yourselves into the loving arms of your Father, arms that He patiently holds open awaiting your acceptance of them.

You built the illusion, collectively of course, and you will demolish it.  But its demolition will not be violent, there will be a very gentle but rapid melting away or dispersal of it as you collectively awaken into Reality.  As you look around you now and see all the violence and suffering that so many are experiencing it is hard for you to conceive of such a dramatic change of scene, but humanity has made enormous strides on its path home to Love, and has made the irreversible choice to awaken.

Nyheder fra ZAP og andre angående forestående Revaluering af Valuta og TRN - 31. Dec 2014 CET

Finansielle akronymer 

Kilde:

From: 2goforth
To: 2goforth
Subject: Fwd: Mid-Week from 'The Office of Poofness'
Date: Wed, 31 Dec 2014 20:57:41 -0500


HI ALL

HAPPY TIMES AND HAPPY FACES. THINGS BREWING OUT THERE FOR DECADES IS ALMOST SOUP WE CAN EAT. AND VERY VERY TASTY. THE GOOD STUFF.

OF COURSE THE WAR THING IS STILL GOING ON HERE AND THERE FOR FINAL CLEANUP, AND OF COURSE THE EXPECTED BIT OF SABRE RATTLING AND DISTRACTION WHILE THE REAL STUFF IS DONE. IT IS DONE.

I WAS INFORMED THAT FUNDS FOR THE RECONSTRUCTION HAVE BEEN SCHEDULED FOR RELEASE RIGHT AFTER NEW YEAR.

YIPPEE KY YAI!

AND ONCE THIS RE-STABILIZATION OF THE USD AND OTHER CURRENCIES FINISHES, UNCLE SAM WILL GET THAT SHIT/SHOWER/SHAVE, NEW SUIT, AND AGAIN BECOME THE SHINING BEACON OF HOPE IT IS SUPPOSED TO BE

THE CROWNS AND THE FIVE FAMILIES HAVE DONE A MAGNIFICENT JOB. WE ARE ABOUT TO REAP THE CONSTRUCTIVE BENEFITS OF THEIR CENTURIES LONG EFFORTS.

WHAT AN ENTRY INTO THE NEW YEAR. I AM DEEPLY HUMBLED BY THIS TIME IN OUR HISTORY. THE GREAT SACRIFICES BORNE BY THE MEN AND WOMEN THAT HAVE GIVEN THEIR LIVES TO THIS EFFORT, THE BACKGROUND NAIL BITING AND HAIR PULLING TIMES OF OTHER EFFORTS, AND THE BACKS OF THE ONES THAT HAVE BORNE THE LOADS HAVE GIVEN US THIS MAGNIFICENT GIFT.

YOU CAN REST ASSURED THAT THE PROPER MECHANISMS OF THIS ROLLOUT ARE IN PLACE, FUNCTIONING, AND EFFECTIVE. THE ROLLOUT WILL TAKE PLACE OVER THE NEXT MONTHS BEGINNING WITH A MASSIVE SHOT IN THE ARM OF SMALL FUNDS SUFFICIENT TO GET THE VARIOUS RECEIVING AND DISBURSING INFRASTRUCTURES IN PLACE.

THIS IS AGAIN COMMON SENSE AS ONE MUST HAVE INFRASTRUCTURE TO HANDLE DISTRIBUTION, AND THE QUALITY OF THE INFRASTRUCTURE AND ITS DEPLOYMENT IS CRITICAL TO THE PROPER FUNCTIONING OF THE MECHANISM. BEING A FLUID MODEL OF ECONOMETRICS, IT ALSO MUST BE FLEXIBLE AND TURN ON A DIME IF NEED BE, RATHER THAN ENTERING INTO A PROTRACTED BUREAUCRATIC PROCESS.

SINCE WE ARE ENTERING THIS PROCESS NOW, I EXPECT MANY ELEMENTS TO BEGIN FUNCTIONING ON A FULL TIME BASIS SO THAT BY JANUARY 15, 2015, THE INFRASTRUCTURE IS IN PLACE TO HANDLE THE VOLUME OF SUBMISSIONS: THE GOAL.

I HAVE LOOKED AT, FOR THE FIRST TIME IN MANY MONTHS, AT THE EMAILS SENT TO DHINTAKE (GMAIL ADDRESS RIGHT NOW). I NOTICED ALMOST 2000 EMAIL INQUIRIES. I MANAGED TO READ A FEW THAT WERE TAGGED FOR MY IMMEDIATE ATTENTION, AND I VERY MUCH APPRECIATE THE SENTIMENTS EXPRESSED. AND YES RON, YOU ARE RIGHT AND MUCH THANKS FOR YOUR COMMENTS. GOOD TO MEET YOU. WE WILL TALK.

SELECTION AND CATEGORIZATION IS TAKING PLACE IN PREPARATION OF PROCESSING. FORMAL REPLIES WILL BE SCHEDULED SHORTLY, AND THIS WILL BE ANNOUNCED LATER IN JANUARY AS WE BEGIN. WE WILL BE DOING THIS SLOW AND STEADY AT FIRST TO GET THE FEEL OF THE SPEED CAPACITY OF PROCESSING AND COMMITMENT, SO BE PREPARED FOR IT WHEN IT COMES, BUT DO NOT GET IMPATIENT. IT MAY BE A COUPLE OF WEEKS OR A COUPLE OF MONTHS, BUT IT WILL BE DONE.

SO THAT IS THE LANDSCAPE AS IT PERTAINS TO PROJECT SIDE.

The Keenan Team - Update, 30. December 2014 CET

 Neil Keenan (Sagsøger for Dragon Familien)

NEIL KEENAN UPDATE | Keenan’s Empty Sock — Santa did not come

As we all know, after leaving the first bunker, Neil Keenan was given a box that we saw opened which contained gold kilo bars, a gift for his incredible stamina in staying with and protecting the assets.
With little concern for his own health, Neil regularly put in 20-hour days with his utmost focus being the protection of those who were with him — his own security came second. True to his resilient nature and love for action, he remained on the front line, taking all the shots.

It took nearly a month to get everything cleared up with just the one box, and before it even got to that point, Neil had “flipped” it in return for a bigger box and the promise of an even bigger return. This would facilitate the Keenan Team’s arrival, and as seen in the previous video, the box is huge and allegedly contains much more than the box of gold that was already opened.

Neil’s honesty and straightforwardness has brought about a unique closeness with the Elders, and once again, they wanted to show their appreciation. Not only did the Elders promise a larger box, but they also promised an additional box that Neil could take from the bunker, along with their approval for the creation of video footage inside the bunker of any length he wished.

With the assets from the bunkers, Neil’s intent was to provide gifts of friendship to all of those who have worked so diligently in supporting his efforts. His Team would then be properly set up and base operations would soon take off from there. Neil had also counted on giving some of this gift funding to Nelu, Jo, those with Cosmic Voice, and many others who have assisted him along the way so that all would have a fantastic Christmas.

Læs videre her

Entertainment/Rumors From John Machaffie - December 30, 2014

INTEL RUMORS/GOSSIP

REPUBLIC – ABOUT TO BE OFFICIALLY ANNOUNCED FOR 2015. GENERALS ARE IN CHARGE AND THEY ARE CLEANING HOUSE. MASSIVE ARRESTS ARE ONGOING INCLUDING THE FED CORP UST. REPUBLIC NEEDS TO BE OFFICIALLY IN PLACE AND OBAMA REMOVED BEFORE THE RV ACCORDING TO SOME RUMORS.

RV – IRAQ HAS DONE ITS JOB – FINISHED. NOW WAITING ON OUR ‘BLOCKER’, THE UST TO DO THERE JOB. ANY GURU OR ADVISER TELL ING YOU THIS IS A NORMAL PROCESS ------ HE IS A CABAL BOY! CONSIDER WHEN THE FED TREASURY GETS TRANSFORMED TO THE REPUBLIC TREASURY – YEA BABY!

ARRESTS – HEARING THE BUSHES ARE ON THE RUN AND LOOKING BEHIND THEIR SHOULDERS. THE CABAL IS DESPERATE --- EVEN TRYING TO GET JEB BUSH NOMINATED FOR PRESIDENT. AMAZING!

Sheldan Nidle opdatering for Galaktiske Føderation af lys og åndelige hierarki - 31 Dec 2014 CET

Hvem er Sheldan Nidle: Sheldan Nidle er grundlægger af Planetary Activation Organization, en UFO religion. Han siger at han er i stand til former for telepatiske kommunikation, samt er i kontakt med rumvæsener. Han er tit kanal for budskaber og formidler af Det Galaktiske Føderation Af Lys. Har tilladt mig, at indsætte links, så man beder forstår de begreber som er beskrevet.

We are all part of a great Living energy. This energy is part of a great Oneness. This Oneness is destined to bring Love and Light to all physicality.

12 Cauac, 17 Mol, 11 Ik

Dratzo! We come on this date with more to discuss with you. The various coalitions created by the Light are in the process of finishing their operations to remove the dark cabal from power. These groups are slightly ahead of our jointly agreed upon schedules. We are most pleased with these results. The new Gregorian year promises much as it prepares its final countdown for manifestation before you. This year is finally to make it possible to finish off the cabal and its numerous henchmen. This coming victory is to give you the freedom and prosperity we have long promised you. This time comes with a growing set of responsibilities as well. Gaia expects that you are to honor her. Over the past 500 years, western civilization has spread across your globe like a cancer. It strongly believes that it is the master, and not Gaia. This upside-down view needs to be expunged by you and replaced by one that realizes the importance of creating a society which sees itself as a part of the natural processes of your world. You need to visualize how you are truly partners with this world essence in preserving and sustaining all life on Gaia.

Hvad betyder Gini-koefficienten, hvad er penge for os alle, hvorfor er vi forgældet fra vugge til grav

Udgivet den 31 December 2014, af Verdensalt.dk

Smider lige et par fakta på bordet fra et geopolitisk og økonomisk syn, hentet fra den danske dagspresse "programmeret" virkeligheds-billede og dernæst anskuer jeg situationen ud fra vores nuværende gælds og penge-baseret-system som er umulig at undslippe.

"Hvis vi alle tog et øjeblik til blot at observere verden som den er, ville den evolutionære udvikling, af vores arter ske over natten" (Elina ST-Onge)

Danmarks Statistik 2014 - Familiernes økonomi fordeling, fattigdom og incitamenter 

DST's sammenfatning fra rapporten 2014: 

"Det danske samfund er kendetegnet ved et højt niveau for offentlig service, herunder fri og lige adgang til uddannelse og sundhed, og relativt gunstige indkomstoverførsler til familier, der ikke har mulighed for at forsørge sig selv. Det er blandt andet baggrunden for, at Danmark har små indkomstforskelle, og at den enkeltes udfoldelsesmuligheder i mindre grad er afhængige af forældres indkomst og sociale status.

Et veludbygget velfærdssamfund som det danske forudsætter et højt arbejdsudbud. Hvis arbejdsstyrken og arbejdstiden bliver for lav, vil skatteindtægterne ikke kunne dække de offentlige udgifter til offentlig service og forsørgelse. Det er derfor centralt, at skatte- og overførselssystemet ikke unødigt svækker den økonomiske gevinst ved at arbejde og gøre en ekstra indsats. Det forringer mulighederne for såvel offentlig velfærd som privat forbrug". 

Gini-koefficienten, der omregner de samlede indkomstforskelle til ét enkelt tal, er i Danmark steget fra ca. 20 pct. i 1994 til godt 25½ pct. i 2012. 

Ifølge dr.dk viser tal 27,4 i 2012 og 27,9 i fjor. Hvilken tal skal man stole på fra 2012 ved jeg ikke, men ihvertfald en stigning indtil dato. Dermed er uligheden større, end da regeringen tiltrådte, skriver Politiken onsdag.  En af hovedforklaringerne på stigende indkomstforskelle er udviklingen i kapitalindkomsterne, som blandt andet er påvirket af boligpriserne, iflg. DST

S: Antallet af fattige er vigtigere. Ifølge socialordfører Pernille Rosenkrantz-Theil (S) er gini-koefficienten ikke den eneste strømpil på ulighed. Hun hæfter sig ved, at eksempelvis antallet af fattige børn er faldende.

(bt.dk) Uligheden er vokset under Helle Thorning-Schmidt's regering, og det får hun ros for af den liberale tænketank CEPOS. Øget ulighed er en bieffekt af reformer, der øger velstand og beskæftigelse, lyder det.

Prognoser for lønudvikling i private sektor:

Ifølge de økonomisk Redegørelse - august 2014 og De økonomiske vismænd – oktober 2014 - ser alt hammerende godt ud for Danmark - bare først i 2015 og fremefter. Vismændene fastholder dog, at vendingen vil komme – men først i løbet af 2015. Hvor BNP vokser med 1,5%, stigende til 2,6% i 2016. (Jamen så er alt bare godt igen?)

Hvordan ser det ud på verdensplan?

Tager man den konklusion fra en rapport Primo 2014 og "Det Verdensøkonomiske Forum" (WEF) er det ikke til at tage fejl af: For stor forskel mellem rig og fattig er den største risiko for verdensøkonomien (https://www.youtube.com/watch?v=ygqfNdDkVcA)

- (EB.dk) Den kroniske kløft mellem indkomsten for de rigeste og de fattigste borgere ses som den risiko, som er mest tilbøjelig til at forårsage alvorlige skader på globalt plan i det kommende årti, lyder hovedkonklusionen i rapporten med titlen "Global Risks 2014", der har bidrag fra over 700 eksperter.

I forhold til ekstreme vejrforhold som tørke og oversvømmelse, så er det ikke mindst mulige følgevirkninger som mangel på fødevarer og politisk og social ustabilitet, der vækker bekymring.

Og når det gælder risikoen forbundet med høj arbejdsløshed, så peges der på, at der både i industrilande og udviklingslande er problemer med at finde beskæftigelse til alle. Især den høje ungdomsarbejdsløshed vækker bekymring.

- Den generation, der bliver voksen i 2010'erne, står over for høj arbejdsløshed og usikre jobsituationer, hvilket hæmmer deres bestræbelser på at opbygge en fremtid og øger risikoen for social uro, står der i rapporten.

I rapporten understreges det også, at den risikofaktor, der potentielt kan gøre størst skade på den globale økonomi, er en ny finanskrise hos en af verdens store økonomier - 

• (globalissues.org ) En analyse af de langsigtede tendenser viser afstanden mellem de rigeste og de fattigste lande var :  3 til 1 i 1820, 11-1 i 1913, 35 til 1 i 1950, 44-1 i 1973 og 72 til 1 1992. 
• Mere end 80% af verdens befolkning lever i lande, hvor indkomsten differentialer bliver større.
• Næsten halvdelen af verden - over tre milliarder mennesker - lever for under 2,50 dollar om dagen.
• Mere end 80 procent af verdens befolkning lever i lande, hvor indkomstforskelle er voksende. 
• De fattigste 40 procent af verdens befolkning tegner sig for 5 procent af den globale indkomst. 
• De rigeste 20 procent tegner sig for tre-fjerdedele af verdens indkomst.
• Ifølge UNICEF, dør 22.000 børn hver dag på grund af fattigdom.
• Omkring 27-28 procent af alle børn i udviklingslandene skønnes at være undervægtige eller hæmmet
• Næsten en milliard mennesker gik ind i det 21. århundrede kan ikke læse en bog eller underskrive deres navne.
• Mindre end én procent af, hvad verden har brugt hvert år på våben var nødvendigt for at sætte alle børn i skole inden år 2000, og alligevel er det ikke sket.

Hvorfor er det bare så livsnødvendigt med penge?

How The Elite Stay In Power

How to Change the World: Free eBook: http://cdn2.collective-evolution.com/assets/uploads/2014/01/How-To-Change-The-World.pdf

Published on Dec 30, 2014

In this video we break down in simple terms the only way "those in power" can stay in power. It's not as complex at it may seem. They need us more than we need them.

Music: Xtrngr - Dreams
Speech, Voice and Video Editing: Elina St-Onge
Free eBook: http://bit.ly/howtochangetheworldbook

“The race issue based on skin colour is a deeply emotional one among many, that has caused unimaginable separation and was used very craftily to position large groups of people against each other. This is a wake-up call to all those who believe they are free because of race or class or wealth. We have all been denied freedom and dignity, trapped in a life of servitude to the banking families and their economic stranglehold on our planet - no matter what colour our skin may be.”

― Michael Tellinger, UBUNTU Contributionism - A Blueprint For Human Prosperity

Loneliness – The Dilemma of the Awakening Mind

Julian Wash, Dec 29, 2014

Contributor, ZenGardner.com

Today I wish to address to you a certain brand of loneliness. It is perhaps the most debilitating form of the condition. The state is sometimes referred to as “isolation” or the sense of being disconnected, apart, abandoned or simply “different” from everyone else you know. This situation is compounded when friends, coworkers and even family members begin seeing you differently. They’re not so much intrigued by your positive changes but rather disappointed by your shift in attitude and may even be concerned for your mental stability. These otherwise well-meaning souls are occasionally characterized as the “sleeping” and you may very well be part of the “awakening.”

The Awakening Mind

I say “awakening” because the experience appears to be very dynamic and fluid by nature. I’m not sure I would recognize or even fully appreciated an “awake” mind for they are far and few between us. But for those who are experiencing various stages of wakening, you are as visible to me as I am to you.
Generally speaking, the awakening mind radiates at a much different and “higher” vibration than most other people. Since this “vibration” wants to resonate harmonically with similar or complimentary energies, it can (and often does) resonate with like-minded people. It can, however, just as easily create discord with those who resonate at a much lower vibration.  Just imagine striking a non-complimentary note on separate pianos, especially with one out of tune. That’s the discord I’m referring to, except in this case, the resonance resides within the psychic and spiritual realms. I speak in terms of “higher” and “lower” vibrations without truly qualifying what is meant by that. First off, there is no state superior to another. Like changing stations on a radio dial YOU choose the station you need (or want) to be on. Most people are tuned to what I consider to be a limited awareness. This does not make them any less sublime or capable as Humans. This is merely the channel they are “tuned” to and as such they are acclimated with that world.
This vibrational density is impressive in its own right for it has the power to generate fantastic illusions so convincing that even the conscious mind can fully buy into it. This ability to manifest a false paradigm and to believe it to be true requires considerable power. But you, my dear reader, may have peeked behind the proverbial projector screen and have seen an assembly of gears and levers and perhaps even a portly, unassuming little man attending them with due diligence.

Stepping Out of the Matrix

The awakening mind —now that’s a different story. The higher vibration of this mind-body state allows a more commanding view. Like stepping up a ladder, you can look down and see (though not really live) the dynamics of the lower vibrations. Each step up the ladder requires tremendous courage, an open and curious mind and a high degree of “functional” intelligence. Those steps command effort -much more effort than what most are willing to exert. Sleepers may go so far as to observe or even stumble over this hypothetical “ladder” and still not recognize what it is or how they may benefit from it.
People on the lower rungs of the ladder rarely look up. They choose to frequently look “down” which may give them a false sense of superiority or dominion over their world. They are especially prone to the hypnotic suggestion television creates and may even go so far as to “act out” various fictional characters or their favorite professional athlete. The lower state is easily entertained- and anything or anyone who challenges their status quo will be dismissed as an outsider, a misfit or a threat.

The Slide and Adrenalin 

Jesus via John Smallman: Trust in Love, because It is the only trust that is never misplaced. - Dec 30, 2014

Kanaliseret af John Smallman 28-12-2014 CET 
© 2014 johnsmallman.wordpress.com

Here in the spiritual realms, where you will soon be able to gain instant and limitless access whenever you wish, we continue to observe with delight the enormous ongoing progress that humanity is making towards its inevitable awakening. It is inevitable, and the moment of its occurrence is closer in every moment. There is only the now moment, which is infinite, never ending, in which all happens, in which all that is exists. And you are going to become aware of that and then open to it, whereupon you will be overwhelmed with amazement at the wonder of it, and in the new-found awareness that you have always been here!

Nothing has ever been withheld from you, it is just that the illusion which you built, and which seems to contain and limit you, has been a very convincing and long drawn out dream. So convincing that you fear to release yourselves from it because you believe that should you do so your existence will be terminated because there seems to be nothing apart from it. Of course nothing could be further from the Truth! You are all eternal beings playing with limitation and termination – death, oblivion, nothingness – through the illusion of time.

You do get momentary feelings or sensations that life is far more than you imagine it to be, that it should be uplifting, inspiring, truly joyful, but you mostly dismiss those feelings as childish nonsense, childish dreams that you have have outgrown. And you teach your children the same lessons. But today’s children are refusing, on a massive scale, to learn those ridiculous lessons, and they are demonstrating to you, by the way they are choosing to live, how misguided you have been. And that is yet another reason for rejoicing.

Today’s children are far less unconscious or unaware of their divine heritage, and are far less willing to cover their Light with a dark cloak and kowtow to the rules and dogmas of their families, cultures, and religions. They know, they absolutely KNOW that those rules and dogmas are insane, but many of them have not yet reached the point at which it comes fully into their conscious human awareness, or the point at which they are ready to disclose to you and to others their knowledge and understanding. They love you and do not wish to frighten you.

Guess What Happened The Last Time The Price Of Oil Crashed Like This?

Global Research: Global Economy, Oil and Energy

There has only been one other time in history when the price of oil has crashed by more than 40 dollars in less than 6 months.  The last time this happened was during the second half of 2008, and the beginning of that oil price crash preceded the great financial collapse that happened later that year by several months.  Well, now it is happening again, but this time the stakes are even higher.  When the price of oil falls dramatically, that is a sign that economic activity is slowing down.  It can also have a tremendously destabilizing affect on financial markets.  As you will read about below, energy companies now account for approximately 20 percent of the junk bond market.  And a junk bond implosion is usually a signal that a major stock market crash is on the way.  So if you are looking for a “canary in the coal mine”, keep your eye on the performance of energy junk bonds.  If they begin to collapse, that is a sign that all hell is about to break loose on Wall Street.

It would be difficult to overstate the importance of the shale oil boom to the U.S. economy.  Thanks to this boom, the United States has become the largest oil producer on the entire planet.

Yes, the U.S. now actually produces more oil than either Saudi Arabia or Russia.  This “revolution” has resulted in the creation of  millions of jobs since the last recession, and it has been one of the key factors that has kept the percentage of Americans that are employed fairly stable.

Unfortunately, the shale oil boom is coming to an abrupt end.  As a recent Vox article discussed, OPEC has essentially declared a price war on U.S. shale oil producers…

For all intents and purposes, OPEC is now engaged in a “price war” with the United States. What that means is that it’s very cheap to pump oil out of places like Saudi Arabia and Kuwait. But it’s more expensive to extract oil from shale formations in places like Texas and North Dakota. So as the price of oil keeps falling, some US producers may become unprofitable and go out of business. The result? Oil prices will stabilize and OPEC maintains its market share.

If the price of oil stays at this level or continues falling, we will see a significant number of U.S. shale oil companies go out of business and large numbers of jobs will be lost.  The Saudis know how to play hardball, and they are absolutely ruthless.  In fact, we have seen this kind of scenario happen before…

Robert McNally, a White House adviser to former President George W. Bush and president of the Rapidan Group energy consultancy, told Reuters that Saudi Arabia “will accept a price decline necessary to sweat whatever supply cuts are needed to balance the market out of the US shale oil sector.” Even legendary oil man T. Boone Pickens believes Saudi Arabia is in a stand-off with US drillers and frackers to “see how the shale boys are going to stand up to a cheaper price.” This has happened once before. By the mid-1980’s, as oil output from Alaska’s North Slope and the North Sea came on line (combined production of around 5-6 million barrels a day), OPEC set off a price war to compete for market share. As a result, the price of oil sank from around $40 to just under $10 a barrel by 1986.

But the energy sector has been one of the only bright spots for the U.S. economy in recent years.  If this sector starts collapsing, it is going to have a dramatic negative impact on our economic outlook.  For example, just consider the following numbers from a recent Business Insider article…

Specifically, if prices get too low, then energy companies won’t be able to cover the cost of production in the US. This spending by energy companies, also known as capital expenditures, is responsible for a lot of jobs.

“The Energy sector accounts for roughly one-third of S&P 500 capex and nearly 25% of combined capex and R&D spending,” Goldman Sachs’ Amanda Sneider writes.

Even more troubling is what this could mean for the financial markets.

As I mentioned above, energy companies now account for close to 20 percent of the entire junk bond market.  As those companies start to fail and those bonds start to go bad, that is going to hit our major banks really hard…

Everyone could suffer if the collapse triggers a wave of defaults through the high-yield debt market, and in turn, hits stocks. The first to fall: the banks that were last hit by the housing crisis.

Why could that happen?

Well, energy companies make up anywhere from 15 to 20 percent of all U.S. junk debt, according to various sources.

It would be hard to overstate the seriousness of what the markets could potentially be facing.