Mike Norman Economics

Still doesn't sound like the fiscal intervention they really need.PBoC guy talking more monetary policy, securities regulator talking reducing some red tape there, bank regulator pointing to fundamentals, high government official saying their market has become cheap.Weak sauce.. So far Xi Jinping’s government appears to be taking a middle road, voicing support for the market while stopping short of large-scale intervention.  People’s Bank of China Governor Yi Gang said in a statement on...

I don't know much about this site, which could be libertarian as it has articles about Bitcoin and Litecoin, but it's very anti-war. This might be an opinion, but it seems plausible to me in the world of the ruling elite who have no morals, ethics, or humanity.  It's all about dough! Lizard people! However, there is considerable evidence pointing to the fact that the U.S.’ response to the Khashoggi affair is likely to be determined, not by any Saudi government responsibility for Khashoggi’s...

Interesting! And it can be run on green energy. Trains as fast a jet planes, but passengers can turn up as and when they wish to travel, while hyperlink stations can be placed within cities, just like with ordinary trains.The end of polluting aircraft, at least across countries and continents. [embedded content] Hyperloop represents the greatest leap in transport infrastructure for generations. Here we explain the concept that's about to revolutionise our world.

The Saudi reversal on the decision to sell shares in oil giant Aramco highlights all the flaws in MBS' reform drive Trump is still convinced the 20th century isn’t over and that coal and oil will keep fueling us forever, but MBS understands the world is moving on. He is investing in solar power at home and in companies like Tesla (maybe) abroad.  But can MBS pull it off? NO, according to this article. Haaretz Beginning of the End for Crown Prince MBS' New Saudi Arabia

Whenever I see something titled like this, I think it is by some very right wing conservative, or conspiracy theorist, getting all worked up about the national debt - 'there's going be seen economic collapse!'. But this video isn't like that, but only you guys as economists and traders will know how accurate it is. It's full of charts and figures, many from leading newspapers. Is it alarmist, or is it about right?According to this video, Trump is a disaster - but so were the Democrats...

FacebookEXCLUSIVE: THE JARED OF ARABIA-BONE SAW CONNECTION Pepe EscobarUPDATE:The HillTrump believes Kushner relationship with Saudi crown prince a liability: report Tal Axelrod

Some say there have always been wars, and it isn't so bad as it is very profitable. It's only tens of thousands of people dying, they say, not millions, so what's the problem?These people may be comfortable sitting in their homes in the West watching their shares in the MIC rise, so they don't care, but no place in heaven for them.Warning: This video is very graphic, but I managed to handle it, and I can't stand things like this, so I had my finger over the stop button.People in the West...

In my opinion, this is essential viewing. David Stockman, a former budget advisor to President Reagan, might not be MMT kosher, but listen to what he says about Saudi Arabia and their war on Yemen.  [embedded content]

While most attention among global onlookers is focused on the almost unbelievable divergence between US and Chinese stocks this year, actual 'real' Chinese import and export data suggest President Trump is far from winning this trade war... in fact it's never been worse. Headline trade figures show China exports to the rest of the world grew at 14.5% YoY in USD terms (almost double expectations) and imports rose 14.3% YoY in USD terms (below expectations and well below August's 20% rise)....

I don't know about this, I still prefer the countryside, but the narrator might have a point, if architects designed very beautiful property people might not mind new housing developments occurring near them.  Just imagine if they were really, really beautiful, now that would be grand, so, it's part of the solution.Why do people think they high prices benefit them? They must me stupid, because even through their property may have gained in value, most people are still climbing up the housing...