Mike Norman Economics

This is a good sign if accurate; they just have to lay off the monetary too...China Likely to Rely on Fiscal Stimulus Measures for Economy - Bloomberg https://t.co/UeAB9gte3Z— ShanghaiMarketTiming (@ShanghaiMT) November 1, 2018

Wages finally increasing faster at the bottom... US ??Finally, wage growth in the bottom of income distribution pic.twitter.com/9nVSMGwKDJ — Daniel Lacalle (@dlacalle_IA) November 1, 2018 Double triggers!!!!

Happy Halloween to all the zombies out there!!!!  Enjoy your day!!!!

The British intelligence knew the Saudis were going to murder Khahiggi and did not warn him. The Saudis thought they would get away with it and probably knew it was being recorded but Erdogan surprised them.Both Col. Wilson Pilkington and Paul Jay mention how the Saudis may have been behind 9/11 and that Bush and Cheney probably knew of the attacks in advance.So, why is Lindsey Graham, a war hawk and a spokesmen for the military-Industrial-Congress, speaking out about this, well, probably...

In the face of all the supposed bullishness the dollar’s rally has been remarkably unimpressive.

The vast majority of economists believe that the Fed's asset holdings keep down U.S. interest rates. It is inconsistent to believe that the Fed's holdings of U.S. assets keep down interest rates here, but China's holding of foreign assets does not keep down the value of its currency. Beat the PressDoes China's 2.5 Percent Inflation Rate Really Explain the Decline in the Value of Its Currency Against the Dollar?Dean Baker | Co-director of the Center for Economic and Policy Research in...

I have read that the reason there will never be a libertarian society is that libertarian are so individualistic that they can't agree on anything - it's like herding cats.  Libertarians are a querrelsome lot, but hey, come to think of it, that might apply to us here too?Jerry Taylor is a left leaning libertarian who was once a member of the Cato Institute and in his interesting article he points out some of the faults, in his opinion, in libertarianism thinking. He believes that a strong,...

Three major players – the United States, China, and a loose coalition formed by the other members of the G7 – are shaping the future of the international economic and geopolitical order. And they are all engaged in three contests simultaneously, without knowing which one is the most important. This is about international relations, geopolitics and geo-strategy, and these fields are generally analyzed in terms of game theory. The only one that can know which game the US is currently...

President Putin sees this plainly: “The Americans keep on indulging in these games as the actual goal of such games is not to catch Russia in violations, and compel it to abide by the treaty; but to invent a pretext to ruin that treaty – part of its belligerent imperial strategy”. Or, in short, to impose a ‘rule-less, US, global order’. What is happening is that Bolton and Pompeo seem to be precisely taking Trump back to the old 1992 Defence Policy Guidance document, authored by Paul...

POTUS as troll-in-chief.The WeekJon Stewart expertly explains how Trump punks the media