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Mike Norman Economics

Pepe Escobar — Tariffs ‘kick off 50-year trade war’ with China

The tariff tussle that began today is linked to Beijing's ambitious 'Made in China 2025' and Belt and Road strategies, which will transform the global economic and geopolitical landscape; this rivalry could last for decades, some experts have said. First "shots" fired in the Thucydides trap that seems to be springing? Will the struggle for dominance be over quickly, or last perhaps for the rest of the century? Asia TimesTariffs ‘kick off 50-year trade war’ with China Pepe Escobar See...

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Kester’s Policy Blog — Proof Russian interference is BS

Proof that DNC manufactured the Russian controversy in June 2016. This post unmasks Guccifer 2.0's identity as none other than the DNC. This posts adds further technical evidence to the debunking of alleged Russian agent Guccifer 2 being the "hacker" behind the DNC leak.Kester's Policy BlogProof Russian interference is BS Kester Pembroke See also the work of "Forensicator."Disobedient Media (29 May 2018)Guccifer 2.0's American Fingerprints Reveal An Operation Made In The USA Elizabeth Vos

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Brad DeLong — Abigail Adams (1776): “I long to hear that you have declared an independency…

Abigail Adams quote. From Wikipedia: Abigail Adams (née Smith; November 22, [O.S. November 11] 1744 – October 28, 1818) was the closest advisor and wife of John Adams, as well as the mother of John Quincy Adams. She is sometimes considered to have been a Founder of the United States,[1] and is now designated as the first Second Lady and second First Lady of the United States, although these titles were not used at the time. Adams's life is one of the most documented of the First Ladies:...

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Caitlin Johnstone — Nation Horrified To Learn Child-Killing Death Merchants Have Racist Employee

Caitlin goes after the military-industrial complex in general, and specifically Northrup Grumman. The "racist employee" is just the lede. It's really a reminder of how right Ike was in his warning to the country about the growing power of the MIC when he left office.Caitlin Johnstone — Rogue JournalistNation Horrified To Learn Child-Killing Death Merchants Have Racist EmployeeCaitlin Johnstone

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Jason Smith — Economic growth in India

I always like looking at the data for other countries than the US — laziness and the ease of accessing FRED data are big reasons for most of the models being tested on US data. Additionally, the political economy of the US tends to bring up more US-centric questions.I'm also not very well informed about a lot of the political economy and economic history of other countries. This is both good and bad. It's good because it means I don't go modeling the data with a preconceived economic...

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David Lawder, Elias Glenn — Trump says U.S. tariffs on Chinese goods could exceed $500 billion

President Donald Trump said on Thursday the United States may ultimately impose tariffs on more than a half-trillion dollars’ worth of Chinese goods as the world’s two largest economies hurtled toward the start of a trade war.... Does China need Western markets more than the West needs Chinese market? Looks like we are going to find out as equities markets make their bets. ReutersTrump says U.S. tariffs on Chinese goods could exceed $500 billion David Lawder and Elias GlennSee alsoZero...

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Pepe Escobar — Eagle-meets-Bear and the Syria tug-of-war

Trump and Putin are likely to discuss the tricky situation in southern Syria when they meet; while the US president says he wants US forces back home, the CIA, Pentagon and Israel may be happier to see them stay so the war-torn state remains unstable. Obama could not bring the US deep state under control. We'll see if Trump can, or wants to.Asia TimesEagle-meets-Bear and the Syria tug-of-war Pepe EscobarSee alsoRussia: Other Points of ViewRUSSIAN FEDERATION SITREP 5 JULY 2018 Patrick...

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Caitlin Johnstone — This Is What Modern War Propaganda Looks Like

Propagandizing for "liberal" intervention in Iran. Read "imperial" instead of "liberal. Back in December a memo was leaked from inside the Trump administration showing how then-Secretary of State, DC neophyte Rex Tillerson, was coached on how the US empire uses human rights as a pretense on which to attack and undermine noncompliant governments. Politico reports: The May 17 memo reads like a crash course for a businessman-turned-diplomat, and its conclusion offers a starkly realist...

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