Mike Norman Economics

Three days ago, when we reported that following Trump's latest sanctions targeting Venezuela's gold sector president Maduro was seeking to repatriate all of Venezuela's gold - some 14 tons - held at the Bank of England, we cautioned that since the BoE "sought to clarify what Venezuela wants to do with the gold", this suggested that despite Venezuela being the rightful owner of this gold, Venezuela was about to face challenges in getting it back.... Today, the worst case - for Venezuela's...

Who knew Ukrainians were so creative?Actually, this is what would have happened if Russia did not annex Crimea, and the Russian leadership was under no illusions about it.Fort Russ NewsUkrainian TV host calls for giving Crimea to the US Tom Winter See also Russia: Other Points of View RUSSIAN FEDERATION SITREP 8 NOVEMBER 2018 Patrick Armstrong also "We are looking for other qualities such as creative thinking, willingness to fight, a persistence when facing challenges. A passion...

Book announcement.Bond Economics Breakeven Inflation AnalysisBrian Romanchuk

Fighting Russia, China and al-Qaeda simultaneously requires more money The Unz ReviewAmerica Goes to War Philip Giraldi, former CIA counter-terrorism specialist and military intelligence officer, now Executive Director of the Council for the National Interest and founding member of the Veteran Intelligence Professionals for Sanity see alsoThe National InterestRussia Says It Will Soon Deploy Mach 20 Avangard Hypersonic Weapon Michael Peckalso TASSWashington playing with the devil:...

China moving toward fiscal austerity?Seeking AlphaChina Sectoral Flow Investment Assessment Alan Longbon

A superb video showing how peaceful and friendly the Russians are. They are a threat to no one, says Regis Tremblay, and after losing 20 million lives in WW2, they are very biased anti-war.The U.S. pretends to be the good guys, but they are exceptional at starting wars to 'bring us peace and security', they say,  - and massive profits for its military-industrial-complex. It's a money making killing machine, a protection racket run by the Western ruling elite. [embedded content] The...

The poll released on Thursday found that 43 percent of people who identified as Democrats want impeachment to be a top priority for Congress. That goal was second in priority only to healthcare, which played a major role in Democratic campaigns’ closing arguments before Tuesday’s elections.... ReutersNewly emboldened Democrats want healthcare protected - and Trump impeached: Reuters/Ipsos poll also If the two parties cannot reach a funding deal, there would be a partial government...

POTUS "discovers" that international conflict (igniting nationalism, jingoism and xenophobia) can increase national unity and reduce divisiveness by focusing national attention on a common external foe or threat.Sputnik InternationalUS-China Trade War Can Strengthen National Unity, Trump SaysSee alsoNATO preparing color revolution in BelarusSouthFront EX-NATO GENERAL SECRETARY SAYS US-LED MILITARY BLOC WOULD LIKE TO SEE UKRAINE-STYLE CHANGES IN BELARUSSee alsoSputnik InternationalLarry King...

Summary of the issues and argument.Interestingly, Tinbergen was award a "Nobel" (1969), while Keynes was never so honored in spite of being one of the most significant contributors to economics and economic policy in the 20th century, if not the most significant. Now, "Keynes" and "Keynesianism" are household words, while few remember Tinbergen other than related to Keynes-Tinbergen controversy.Lars P. Syll’s BlogEconometrics: The Keynes-Tinbergen controversyLars P. Syll | Professor, Malmo...

I was fascinated by this talk given about Putin by Christopher Caldwell. It's starts off bad with Caldwell saying that Putin doesn't have a lot of respect for the democratic processes and that a number of his opponents have been murdered, but, he adds, there is no evidence that Putin is behind them although that doesn't mean it's not significant.Caldwell then says how progressives around the world tend to dislike Putin as he's not the sort of person who would head a pro feminist NGO, nor do...