Mike Norman Economics

Mint Press NewsDOJ Inadvertently Confirms Sealed Indictment Awaits Julian Assange if Extradited to the US Whitney Webb Reuters U.S. prepares criminal case against Wikileaks' Assange TASS Lavrov points to US attempts to impede Russia’s social, economic development TASS US avoids re-committing to non-interference in Russia’s internal affairs — source Sputnik InternationalEXCLUSIVE: How Elites Use Mainstream Media to 'Maintain and Expand Their Power' NEO The Donbass Dilemma...

An absolutely brilliant TEDx talk which shows that left-wing economics can work far better than right-wing economics - which is something us socialists have been saying all along.So, is the 'low regulations, ultra free market' just nothing but right wing propaganda put out by billionaire funded think tanks? Well, if you want to get rich, then emigrate to the high tax, strong union, large welfare state (which like to redistribute money back to the poor) countries.Herald Eia is a very...

Summary The US budget deficit is $100 billion in October 2018; this is a net expansion of income and savings in the private sector and explains the rebound in markets. The good news is that dollars are being added to the economy by the Federal government, allowing the private sector to post a $100 billion surplus. Private credit growth has rebounded this month and made a $17B contribution to aggregate demand and fiscal flows. Republican president and Republican Congress. Bring on the...

Too much spending going on. New highs coming. And oil.

Jordan Peterson is the pop philosopher of greatest interest in the US right now. His thought is of interest for that reason, especially for those who like staying au courant. But his is more important in the large picture for why he is regarded as important, especially in a culture in which philosophy is held in low esteem and Ayn Rand is actually considered a notable thinker by serious people in politics.I submit that a major reason for Peterson's popularity is his worldview, rather than...

Must-read.Naked CapitalismEverything You Thought You Knew About Western Civilization Is Wrong: A Review of Michael Hudson’s New Book, And Forgive Them Their Debts John Siman

This is interesting! What is time? Is it an ilusion? [embedded content] Albert Einstein was very clear in his day. Physicists are very clear now. Time is not absolute, despite what common sense tells you and me. Time is relative, and flexible and, according to Einstein, "the dividing line between past, present, and future is an illusion". So reality is ultimately TIMELESS. This sounds pretty bizarre from the view of classical physics, but from the view of consciousness theory and...

NEOMagic imperialism and the great American wall Andre VltchekBlack Agenda ReportEt tu, RT? Amplifying Western Disinformation on Rwanda Ann Garrison Rolling StoneAmazon’s Long Game Is Clearer Than Ever Matt Taibbi Defend Democracy PressNew Study Details 'Staggering' $6 Trillion (and Counting) Price Tag of Endless US War Julia Conley Project SyndicateDisaster Capitalism Comes to Puerto Rico Martin Guzman and Joseph E. StiglitzFort Russ NewsInternationalism: Kim Jong-un Wishes Assad...

Human sacrifice to the Trump god.Sic Semper TyrannisThe Entry of the Commoner Scapegoats in WahhabeelandCol. W. Patrick Lang, US Army (ret.) At the Defense Intelligence Agency, Lang was the Defense Intelligence Officer (DIO) for the Middle East, South Asia and counter-terrorism, and later, the first Director of the Defense Humint Service. At the DIA, he was a member of the Defense Senior Executive Service. He participated in the drafting of National Intelligence Estimates. From 1992 to...

The Federal Reserve will conduct an extensive review next year of how it tries to guide the U.S. economy, the U.S. central bank said on Thursday. “Now is a good time to take stock of how we formulate, conduct, and communicate monetary policy,” said Federal Reserve Chairman Jerome Powell, noting that the Fed was close to meeting its goals of maximum employment and a 2 percent inflation rate.  In a statement, the Fed said it would reach out to a “broad range” of stakeholders and that it...