Mike Norman Economics

Longish but worth a read. Covers a lot of ground.The InterceptA Guaranteed Jobs-For-All Program Is Gaining Traction Among 2020 Democratic Hopefuls Kate Aronoff

[embedded content] A life-affirming and (somewhat) non-political video for the holiday weekend. British freelance reporter Graham W. Phillips takes a longtime friend on an exploration of Crimea, getting a personal perspective on life there 4 years after its “annexation” by Russia following the 2014 coup d’état in Ukraine. Phillips rose to prominence for his brave frontline reporting of the Washington-sponsored “Anti-Terror Operation” and subsequent civil war in Ukraine. Here he is in...

This article is not a critique of capitalism, in fact, it doesn't talk about capitalism at all. But what it does suggests from the title is that neoliberalism is perfect for psychopaths to rise to the top who can then shape it. According to psychologists who study this condition, psychopathology this is not a personality trait, it is a mental illness. Considering the amount of damage these people can do, including blowing the planet up, society needs a screening process to ensure that they...

[embedded content] At least 14 people were killed and over a thousand people wounded on Friday, when Israeli soldiers opened fire on protesters gathering near the border wall. Hind Khoudary has the story from Gaza. Palestinians went on a march asking to have their land back. Imagine if the Russians treated a nation like this; imagine the outcry in the media; imagine our politicians outrage and indignation; imagine everyone in the West up in arms as they see the images on their TV's while...

More info raises more questions.Moon of AlabamaHillary Clinton Ordered Diplomats To Suppress 'Novichock' Discussions bSee alsoRussia InsiderSkripals Are a Case of Implausible Deniability for the Brits David MacilwainAlsoSputnik InternationalRussian FM Releases 14 Questions Addressed to UK on 'Fabricated Skripal Case'AlsoThe Unz ReviewAssange’s internet blackout & Skripal case part of propaganda war that risks real one John Pilger

You may find this interesting. Mike strongly emphasizes "the mental game."ForbesThe Spirituality of Trading Brett Steenbarger | Clinical Associate Professor of Psychiatry and Behavioral Sciences at SUNY Upstate Medical University in Syracuse, NY; performance coach for hedge fund portfolio managers and traders, and author of several books on trading psychology

Just days after Beijing officially launched Yuan-denominated crude oil futures (with a bang, as shown in the chart below, surpassing Brent trading volume) which are expected to quickly become the third global price benchmark along Brent and WTI, China took the next major step in the internationalization of the Yuan, challenging the Dollar's supremacy as global reserve currency, when on Thursday Reuters reported that China took the first steps to paying for crude oil imports in its own...

Apparently we are due for some excitement in Treasury market, as per the analysis in "A Debt Crisis is on the Horizon," penned by the luminaries Michael J. Boskin, John H. Cochrane, John F. Cogan, George P. Shultz and John B. Taylor. As a regular reader might suspect, I am somewhat skeptical about the claims in said article. That said, one may note that the discussion therein is not totally incompatible with a Functional Finance framework, although we would need to paraphrase what they...

A little bit of optimism, I thought, in this interesting video, although a little dry at first, but it's worth persevering with.   [embedded content] Are the neocons being cornered, is neoliberalism being outpaced and about to die with another banking cras eminent? Are the Europeans fragmented over Russia? Does great evil initiate a response of even greater good and so could peaceful China eventually subdue rotten West? Could Chinese dollars locked away unused at the fed be used to...

A Russian businessman who claimed he was 'marked for death' by Vladimir Putin in London has fled the UK - claiming the real threat to his life comes from British secret services. Sergey Kapchuk, 45, filmed last week flanked by two bodyguards, says he is now in hiding in fear of his life somewhere in Europe. “Basically, they [the British] had blocked all my accounts and are forcing me to come back.” He would not return in the near furture. "I am not sure about my safety in London,” he...