Mike Norman Economics

Looking better than it has in a long time that is for sure.  Still have monetarists out there who can do a lot of damage we just have to keep a weather eye out for trouble from them; but it seems like they are most likely to reverse bearish policies from this point not increase them.VIDEO: “The bottom line is that this global economic environment really is about as good as it gets.” $GS' Chief Economist Jan Hatzius on the 2018 macro outlook: https://t.co/g47FYnKy5a...

[embedded content] Via America’s Lawyer: Most people in the United States are under the impression that our government banned the use of asbestos decades ago, but the truth is that’s a lie. Asbestos is still widely used in many objects that you use every single day and to make things worse, the amount of asbestos that we import into this country has doubled in the last two years. Mike Papantonio, host of America’s Lawyer, discusses this with Farron Cousins. I remember a BBC program in the...

The Russia Investigation shifts to Clinton's Political Rivals Jumping the shark? How long are American liberals going to put up with this nonsense? How long before they wash the mud from their eyes and acknowledge what should be as plain as the nose on their face; that their precious investigation of Donald Trump is nothing more than a witch hunt designed to intimidate or destroy political rivals? The persecution of Jill Stein strips away the facade once and for all exposing Russia-gate...

Good summary of the narrative manufactured to distract from Democratic failures and to discredit the 2017 US general election. This is the sort of behavior previously seen almost exclusively in banana republics. What are the consequences of the spectacle the media call (with characteristic originality) ‘Russiagate’? The most immediate consequence is that, by finding foreign demons who can be blamed for Trump’s ascendancy, the Democratic leadership have shifted the blame for their defeat...

Modest improvements overall.Marketwatch 6663rd quarter GDP revision, November income and outlays, durable goods, new home construction, new and existing home salesrjs

There's a huge amount being written about Bitcoin, cryptocurrency, and blockchain with the focus on Bitcoin volatility. so I am going to be selective in posting. John Aziz is a good analyst and MMT-friendly. He sorts through some of the complication.azizonomics Bitcoin Is Failing As Money—But Bitcoin Cash Isn’tJohn Aziz

Don't believe what you read in Western media. Polin explains how China's neo-Mandarin political system actually works. The problem with Western analysis of non-Western peoples is two-fold.  First, the West assumes its exceptionalism and attempts to impose in on the world in order to fulfill "the white-man's burden" as a rationale, but the real agenda is permanent Western world dominance. The end justifies the means, even it involves destroying countries to "save" them. Secondly and...

For all of these reasons, 2018 will be a year for vigilance and attention to detail in a world that is very troubled and moving towards disorder. US getting back at Russia for the defeat in Syria? The obvious outcome is that the US is on track to lose Europe.Une parole franche Herman Gref in "The Financial Times": a grave warning that merits our full attention Gilbert Doctorow | European Coordinator of The American Committee for East West Accord Ltd.

Did Nikki Haley lie to the world about Iranian missiles being used against Saudi Arabia by Houthis of Yemen? Or was Haley played like Colin Powell was? Scott Ritter argues in the affirmative.(Why it would make a difference if true eludes me when almost all the weapons being used against Yemen are of US origin.)The American ConservativePropaganda Exercise Aiming to Prove Iran Supplied Missiles BackfiresScott Ritter