Mike Norman Economics

Last Friday July 27, 2018), the US Bureau of Economic Analysis published their latest national accounts data – Gross Domestic Product: Second Quarter 2018 (Advance Estimate), which tells us that the annualised real GDP growth rate for the US was a very strong 4.1 per cent in the was 3 per cent in the June-quarter 2018. Note this is not the annual growth over the last four-quarters, which is a more modest 2.8 per cent (up from 2.6 per cent in the previous quarter). As this is only the...

Good read.Stumbling and MumblingLying for Money: a review Chris Dillow | Investors Chronicle

                                         The Case for a Peaceful Past There are rogues amongst us but on the whole I find people to be very friendly. What delights me the most is how much like to help each other, give tips and advice, and enjoy a chat with a stranger. Let's hope it's true that if we don't blow the planet up in the meantime we are moving towards an enlightened angelic future.   KV If you look at the world today, and if you survey the human race’s recorded...

Why spend the afternoon watching the latest Hollywood blockbuster when you could be listening to something as interesting as this?Don't get put off by the title, it's a very fair and balanced debate. All are anti-Zionist and pro Jeremy Corbyn.  [embedded content] Master race? Jewish/Israeli identity politics and antisemitism with Gilad Atzmon, Tony Greenstein, Ed Hill and Eddie James What's the difference between Jews, Jewishness and Judaism? Is Gilad Atzmon an antisemite? Is Israel about...

You've all seen it, I know, but in case you haven't, this is good. An actor plays Smedley Butler giving his famous anti-war speech. Smedly Butler was America's most decorated general at the time of his death, but he spent the last years of his life as a peace campaigner. I don't remember at school anyone ever teaching me about Smedley Butler, and I searched the internet under images and no picture of a statue came up for him. KV [embedded content] War is a Racket by Smedley Butler is a...

It was hard for me to do a concise copy and paste as usual, as every bit is gripping. So this is just a taster. Jay Janson captures everything we say here in one essay. It's pertinent.  KV Boisterous billionaire Republican candidate Donald Trump seemed to have been designated by a forward thinking substantial group of investors to present a demand that government force America's wealth controlling deep-pockets to invest in a United States suffering from neglect, rather than...

Creating a distorted image of the humanitarian crisis is the starting point. Painting a picture of a country on the verge of collapse is the alibi. I'm a liberal (well, I was until the liberals went mad on Russiagate), so I think resources can be shared while still allowing the talented to get rich. For instance, if only the elite class would invest in renewable green energy, and then  one day, probably fairly soon, they could make their fortunes.  But they seem to be lazy and prefer just...

3 central bank meetings and the months jobs report. Dollar is fading.

The United States Is The Only Remaining Colonial Power Paul Craig Roberts is more of a revolutionary than I am, but I think he is just letting off some steam, you see, if the left in Latin America put to death those on the right who committed treason by trying  a coup, the corporate media and Washington would go berserk accusing the leftist governments of being brutal dictatorships, and then Washington would arm the right-wing militia in those countries causing a civil war would break...

There's more to this than meets the eye. As usual, follow the money. Marty Armstrong shows the way.Armstrong EconomicsMagnitsky Act & the Strange BackdropMartin Armstrong