Mike Norman Economics

US sneezes and all the USD zombies catch pneumonia.No JPY rally until (at least) they sync policy back up with the US on rates and  asset purchases by their CB (btw same with the EZ).Until then their firms will continue to try to make up for their shitty domestic business conditions by reducing the terms of their foreign business and continue to cause JPY weakness for their multinational depositories trying to finance the trade.This stupidity has got to end sometime... even if by luck....

First scalp is (finally!) taken:A longtime US Senate staffer was arrested on charges of lying to federal agents as part of an investigation related to unauthorized disclosure of information, according to a federal indictment https://t.co/ELncyMAsdN pic.twitter.com/2t1j8fTJ19— CNN (@CNN) June 8, 2018 The US Attorney bringing the wood: Who is the D.C US Attorney? Jessie K. Liu*Who worked on the Trump transition team* before being nominated by Trump to be US attorney in 2017Time to flip...

Deciphering the political terms of a senior State Department official, we can conclude that Europe must remain in the zone of influence of Washington at any cost, Turkey will also be under serious pressure for its attempts to pursue independent policy and criticizing Israel. It is possible that the next steps of Washington will lead to aggravation of the situation in Afghanistan. Together, all this suggests that the unipolar world and globalization have failed, the United States has failed...

Inflation remains at annual rate of 2.4%, confounding Central Bank’s fears of a sharp rise Russia FeedECONOMY UPDATE: Despite surging oil prices and falling rouble Russia’s inflation rate continues steady Alexander Mercouris

Indeed, the real issue ahead is the battle for trade and investment globally between China and the US. The US is out to curb and control China’s ability to expand domestically and globally as an economic power. At the workshop, Jude Woodward, author of The US vs China: Asia’s new cold war?, outlined the desperate measures that the US is taking to try to isolate China, block its economic progress and surround it militarily. But this policy is failing. Trump may have launched his tariff...

Kate Raworth's seven ways. Lars P. Syll’s BlogEconomics for the 21st century Lars P. Syll | Professor, Malmo University

Real world Reality TV!! Breaking: https://t.co/XmH5PudQ23 — Breitbart News (@BreitbartNews) June 6, 2018 Double triggers!!!

But you have to know the game and how to play it.

Review of Kate Raworth’s Doughnut economics: Seven ways to think like the 21st-century economist.  Good read. Is Kate Raworth being utopian? I would say that Kate Raworth's work is similar to Mariana Mazzucato's in that they both propose out of the box solutions to addressing contemporary challenges. They are significant in that they are starting points for reflection, inquiry, conversation and debate.  Raworth challenges the growth model of conventional economics and Mazzucato...

Here’s what’s going to happen next in oil.