Mike Norman Economics

I just had occasion, in replying to a correspondent, to reiterate much of the thinking in my recent MMT Conference presentation. I thought it might be a useful and apprehensible form for some readers, so I’m reproducing it here. I’ve also explained this at somewhat painful length here. AsymptosisMMT and the Wealth of Nations, RevisitedSteve Roth

'This is a brilliant move straight out of The Art of The Deal – Bolton will scare [North Korea] to death'. I guess that's one way to think about it. But it is also scaring the world to death, including many Americans. The presumption of these folks is that if and when Kim and Trump meet, The Donald will give Rocket Man an ultimatum to disarm or North Korea will be reduced to ash. In other words, a deal you can't refuse, Mafia-style.Asia TimesBolton appointment lets Trump negotiate from...

Satire for weekend reading. CounterpunchThen They Came for the Globalists C. J. Hopkins, award-winning American playwright, novelist and satirist based in Berlin

Medicare for All is politically viable in 2018. That’s according to a new report from Alex Panagiotopoulos and Kingston Creative. The report is titled – Is Medicare for All Politically Viable? A Guide to 561 Congressional Candidates…. Lookin' good. JG getting play, too. Unfortunately, the Democratic Establishment that doles out funds to candidates is against it. Counterpunch Study Finds Single Payer Viable in 2018 Elections Russell Mokhiber | editor of the Corporate Crime Reporter.

Hence this month’s historical developments which have placed Russia and the West in a direct collision course. As I said above, the Empire can now either fold or double down. If it decides to fold, war will be averted and meaningful negotiations finally entered into. If it doubles down, something the Neocons always do, then this means war with Russia. This is a stark and very difficult choice (no, not for normal people, but for the psychopaths ruling the West). And there isn’t much Russia...

The article fails to mention how the US and UK media are joined at the hip to the Anglo-American deep state.RTManipulative media monopoly: Kremlin spokesman says US & UK press has ruled world for decades

Update.Dances with BearsThe Skripal Case Goes To Court For The First Time – New Uncertainties For The British And Russian Governments John HelmerSee also Some reflections on the Russian presidential election and on the Sergei Skripal case. The NationRussia Endorses Putin as a Trusted Leader While Washington and London Condemn Him (Again)Stephen F. Cohen

Some numbers.Michael Roberts BlogThe Fed, trade wars and recessionMichael Roberts

[embedded content] Renowned French security expert Paul Barril discloses the existence of Operation Beluga, a covert Western intelligence scheme intended to undermine Russia and its leaders. Key Words: Bill Browder, France, Russia, Trump

Some people say that the Deep State doesn't exist, but read this, it is more extensive than most people have previously. It involves militarily-industrial complex, top people in the military, much of the Tory party, members of the Royal Family, bankers and just about everyone else crooked in the British establishment. It's tentacles go out to the European and US deep states, a cesspit of corruption, espionage, and murder.The disclosure of Cambridge Analytica has exposed much more than...