Mike Norman Economics

The gift from the US that keeps on giving.Russia FeedRussian food production BOOMING thanks to import substitutions, Western sanctions Paul

This is a must-read. Ray McGovern tells the inside story in a gripping way. John Bolton’s March 22 appointment-by-tweet as President Donald Trump’s national security adviser has given “March Madness” a new and ominous meaning. There is less that a week left to batten down the hatches before Bolton makes U.S. foreign policy worse that it already is. During a recent interview with The Intercept’s Jeremy Scahill (minutes 35 to 51) I mentioned that Bolton fits seamlessly into a group of...

Important backgrounder. Asia Times From Ankara to Moscow, Eurasia integration is on the move Pepe Escobar

Good backgrounder. Short and to the point. Emphasizes how geopolitics and geostrategy are historically influenced and path-dependent.Asia TimesThe geopolitics beyond the Skripal case Nicos Panayiotides See also Surprisingly good for Newsweek and the US media in general. No scaremongering. Short. NewsweekChina Military Tells Russia 'We've Come to Support You' Against U.S. Tom O'Connor

White House economic adviser Larry Kudlow stressed U.S. tariffs announced on Chinese goods are still only proposals that might never take effect as the Trump administration sought to tamp down fears of a trade war.“None of the tariffs have been put in place yet, these are all proposals,” Kudlow said in an interview Wednesday with Bloomberg News. “We’re putting it out for comment. There’s at least two months before any actions are taken.”Administration officials throughout the day emphasized...

Today, I have a lot of travelling coming up. So time is tight. Regular readers will know my views on the Eurozone. I have held those views since the late 1980s when I was a young lecturer. Nothing has changed to change my opinion. It is an unmitigated disaster. And, in the face of all evidence to the contrary, the Europhiles on the Left and the Right continue to put out propaganda trying to defend their monstrosity. Here is a selection of the latest input from the elites on how the EU is...

Donald Trump has proved the skeptics wrong, it seems that the American people stand to be big winners as a result of his trade war. The Chinese government announced a major initiative to promote the manufacture and use of generic drugs.... This can matter hugely for people in the United States since if China joins India as a mass producer of high quality generic drugs it will become increasingly difficult for the U.S. drug companies to maintain an island of protected prices in the United...

Another head-scratcher from the morons.Question though is:  In what currency is the new Chinese tariff in?IOW if its in USDs, i.e. they want more USD to bring the US produced pork into China, then its just another typical scam by these disgraced hacker USD zombies to get EVEN MORE USDs for their account...OTOH if they want CNY to be paid by whatever state institution that imports the US produced pork then it may act to retard the importation of US produced pork products if they are in...

Thus far, Washington’s own actions have fueled closer cooperation between the two Eurasian titans. As Russia grows more isolated from the West, the Sino-Russian alliance will only grow closer. Great strategy. Pushing the only countries that can destroy you into each other arms. The National Interest Is America's Greatest Fear Coming True? Is a Russia-China Alliance Forming? Dave Majumdar | Defense Editor See also Andrew Korybko is a good analyst but I think he misses a key point in...

Jews no longer the majority.Sic Semper TyrannisPopulation parity in the Holy LandCol. W. Patrick Lang, US Army (ret.) At the Defense Intelligence Agency, Lang was the Defense Intelligence Officer (DIO) for the Middle East, South Asia and counter-terrorism, and later, the first Director of the Defense Humint Service. At the DIA, he was a member of the Defense Senior Executive Service. He participated in the drafting of National Intelligence Estimates. From 1992 to 1994, all the U.S. military...