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Mike Norman Economics

Links — 19 May 2022 Part 1

Reminiscence of the FutureThey Are Getting The Message, 2.0.Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issueshttp://smoothiex12.blogspot.com/2022/05/they-are-getting-message_18.htmlA Son of the New American RevolutionScott Ritter’s Unforced ErrorLarry C. Johnson | CEO and co-founder of BERG Associates, LLC, an international business-consulting firm with expertise combating terrorism and investigating money laundering, formerly Deputy Director in the...

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TIPS Valuation Commentary — Brian Romanchuk

A quick glance at U.S. TIPS (inflation-linked bonds) shows that if we abstract past the thorny question of where inflation will be in the next few years, the market has largely reversed the relatively low inflation expectations that developed in the mid-2010s. If one believes that the inflation overshoot seen in recent years will be reversed within a reasonable time span, valuations are near a “fair value” based on historical data. (Of course, past performance is not indicative of future...

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Links — 18 May 2022 Part 2

Reminiscence of the FutureOn My Brief Response To Scott Ritter.Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issuehttp://smoothiex12.blogspot.com/2022/05/on-my-brief-response-to-scott-ritter.htmlRT — Question More (Russian state-sponsored media)UN chief calls for climate Marshall Planhttps://www.rt.com/news/555718-guterres-fossil-fuels-report-renewables/US puts ‘disinformation board’ on holdhttps://www.rt.com/news/555705-dhs-disinfo-board-jankowicz/Zero...

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Whither Hegemony? Prof. Wen Tiejun Foreword to Michael Hudson’s The Destiny of Civilization Professor — Wen Teijun

Yves here. Michael Hudson has graciously allowed us to publish the forward to his new book The Destiny of Civilizations. Professor Wen Teijun, Executive Dean, Institute of Rural Reconstruction of China, explains how Hudson looks at America’s finance-led hegemony contains the seeds of its own destruction, and is separately suffering from conflict with China’s very different political-economic system, which draws on an industrial capitalism model and seeks to check rentier activities....Naked...

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Links — 18 May 2022 Part 1

Dreizin ReportDetails of the Mariupol SurrenderJacob Dreizinhttps://thedreizinreport.com/2022/05/18/details-of-the-mariupol-surrender/The Vineyard of the SakerSitrep Operation Z: NATO surrenders in AzovstalThe Saker Staffhttp://thesaker.is/sitrep-operation-z-nato-surrenders-in-azovstal/A Son of the New American RevolutionMore Ukrainian Squirrels for the Desperate West to ChaseLarry C. Johnson | CEO and co-founder of BERG Associates, LLC, an international business-consulting firm with...

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The Swiss Connection: How Russia Is Weathering Tough Sanctions — Alex Kimani

Continued oil and gas exports as well as a propped-up ruble, have allowed Moscow to weather Western sanctions.JPM has backtracked on its earlier forecasts of a 35% contraction in Russian GDP in the second quarter.The lion's share of Russian raw materials is traded via Switzerland and its nearly 1,000 commodity firms.Swiss commodity traders are enabling Russia's sales of its resources. This is a huge contribution to Swill GDP so the Swiss are in no rush to give it up, knowing that nature...

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Operational Art 1 — Andrei Martyanov (video, no transcript 35.40)

[embedded content]Operational Art 1Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issues. Martyanov was born in Baku, USSR in 1963. He graduated from the Kirov Naval Red Banner Academy and served as an officer on the ships and staff position of Soviet Coast Guard through 1990. He took part in the events in the Caucasus which led to the collapse of the Soviet Union. In mid-1990s he moved to the United States where he currently works as Laboratory Director...

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Links — 17 May 2022 Part 2

Reminiscence of the FutureThey Tried Again...Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issueshttps://smoothiex12.blogspot.com/2022/05/they-tried-again.htmlConsortium NewsThe New Iron CurtainPatrick Lawrencehttps://consortiumnews.com/2022/05/16/patrick-lawrence-the-new-iron-curtain/Vanessa Beeley SubstackBBC rewriting history in Syria for Global BritainVanessa Beeleyhttps://beeley.substack.com/p/bbc-rewriting-history-in-syria-forThe Maritime...

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Raising interest rates is like blowing up the garden to weed it — Dirk Ehnts, Sten Grahn, Peo Hansen, Jussi Ora and Patrik Witkowsky

The Riksbank (central bank of Sweden) only sets the interest rate. And interest rates have no impact on the energy prices that are driving inflation today. But higher interest rates lead to higher unemployment and lower output – and that can push inflation even higher. But there are other ways to curb inflation, write Dirk Ehnts, Sten Grahn, Peo Hansen, Jussi Ora and Patrik Witkowsky....The Gower Initiative for Modern Money StudiesRaising interest rates is like blowing up the garden to weed...

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