Mike Norman Economics

On August 1, 2018, the 10-year Japanese government bond yield, shot through the roof (albeit a very low one). Yields shifted from 0.05 per cent on July 31 to 0.129 on August 1, which was the largest one-day rise since July 29, 2016 (when the yield rose 0.101 per cent). The Financial Times article (August 1, 2018) – Japanese bond market jolted as traders test BoJ resolve – wrote that “traders wasted no time in testing the Bank of Japan’s resolve to loosen its target range for the debt...

I used to think that in the future things would just get better and better, but now I'm not so sure. One day we will be able to live forever, but that might bring about the end of the world. But they will be able to genetically eradicate all diseases, wow! And yet every person could be genetically engineered in the embryo stage to be ultra smart, beautiful, artistic, superb at sports, music, whatever. Well, I'm not sure about that, because the fun comes from competition and getting good at...

Well, this will see me out for tonight. I find Charles Ortel and Jason Goodman interesting because they are so right -wing. Here, they complain about the silicon valley people, Facebook, twitter, etc, for being left wing.Left-wing? Well, that's not my idea of left -wing, especially as they work with the CIA and the military -industrial complex which is hawkish, Dr Strangelove, right-wing to me. Oh, I get it, they want transgender toilets in the military so that makes them left -wing. Is that...

Lars P. Syll’s Blog The gross substitution axiom Lars P. Syll | Professor, Malmo UniversityMichael Roberts BlogLehmans, animal spirits and the failure of the progressives Michael Roberts EconospeakChina Starts Yuan/RMB Futures Market J. Barkley Rosser | Professor of Economics and Business Administration James Madison University Zero Hedge The Truth About Idlib In The State Department's Own Words Tyler Durden RTDeclassified docs reveal how Pentagon aimed to nuke USSR and China into...

Net US Treasury withdrawals up 3.82%...$SPX is reporting revenue growth of 10.1% in Q2 2018, which would be the highest revenue growth since Q3 2011. https://t.co/mywCwPAYAb pic.twitter.com/RST4OPqHm3— FactSet (@FactSet) September 2, 2018

The problem then becomes that their training via Art Degree methodology leaves them less qualified or even unqualified for a job in the material fields...Also like, your mileage may vary, but over the course of my life I have found it a much better fit when my pay-the-bills job ISN’T in the arts. That way all that creative energy belongs to me alone instead of being expended on behalf of someone ELSE’S creative vision.— Claire Willett (@clairewillett) September 1, 2018

The Vineyard of the SakerThe US State Department Openly Outlined Its Plans to Guarantee America’s Global Primacy Sergey Latyshev Translated by Ollie Richardson and Angelina Siard Russia ObserverObama Marries The Liberals To The Neocons Patrick Armstrong Sic Semper TyrannisHarper: Neocons Keep Marching Through the InstitutionsGlobal InequalityOn the Threshold of the Third Globalization: why Liberal Capitalism might Fail? The Americas, armed trade and cheap energy: review of Kenneth...

A big news story the corporate media will ignore, or will say the evidence is fabricated. What will the OPCW do, cover it up? The video embedded can't be found on YouTube.According to Dr Ali Kadri, war is big businesses. I guess the vultures don't want the Syrian war to end because there is so much money to be made it of it. And they want to get those gas pipelines from Saudi Arabia to Europe because that's when the big bucks start. If only people in the West knew what's going on?Now how...

John McCain was really horrible, that's for sure. In this episode, The Real News say there is not much difference between the policies of Trump and McCain except on Russia.  Trump and Steve Bannon see Russia as a European, Christian country they can be allies with against China.Look at the crazed Steve Bannon call up militant evangelical Christians for the fight against 'amorphous' China. Jesus said love your neighbour and forgive your enemies, but I don't see much of that in Steve Bannon...

Weekend reading for those of wide-ranging interests. It's on Daniel Dennett's contribution to the study of consciousness and his synthetic approach that blends many fields, biology and evolutionary theory in particular. Digressions&ImpressionsDennett as Synthetic PhilosopherEric Schliesser | Professor of Political Science, University of Amsterdam’s (UvA) Faculty of Social and Behavioural Sciences