Mike Norman Economics

It is a centuries-old practice of the maritime powers [thalassocracy] to "isolate" their enemies with a curtain made of economic sanctions, military encirclement, political and ideological condemnation: in the past, "isolation" or "strangulation" was usually the source of war. The latest developments in Europe are therefore to be looked at with concern: in the United Kingdom, the clumsy poisoning of former Russian spy Sergei Skripal was exploited to further exacerbate diplomatic relations...

What we are watching in the US is a hysteria being orchestrated by parties and members of the US corporate and political establishment to rally “America” against the “commie Soviets” again, except there are no “commie Soviets.” The push for Russophobia is like nothing Western audiences – yes, audiences because this is theater – have seen before, even during the Cold War. Night and day, the press wheels churn any and all content warning that the Russians are coming, linking Russia to...

More information if you are following this closely. The plot thickens.Moon of AlabamaRussian Scientists Explain 'Novichok' - High Time For Britain To Come Clean (Updated) bAlsoRussia Insider30 Questions Journalists Should Be Asking About Skripal CaseRob Slane

Going mainstream. Some prominent Democrats are already embracing a JG.The NationWhy Democrats Should Embrace a Federal Jobs GuaranteeSean McElwee, Colin McAuliffe and Jon Green

I just hope governments cotton onto MMT sometime soon then we might be able to stop this disaster.  Micheal Hudson says the 2008 crash was orchestrated by the bankers because they knew that would get bailed out and make a lot of money. Interests rates have been kept low to help boost the economy but pensions have not been making enough money. Well, the bankers don't care about people's pensions because they are too rich to be affected.  We are told that in capitalism the profit motive...

The site is just back up at 16.42 on 21 March having managed to slip like the Tardia into another dimension and thus dodge the massive DOS attack we are under. over 50,000 separate IP addresses simultaneously throwing up millions of hits. The attack has not actually stopped and does seem to have a human intelligence changing terms and directing it, which could make for an interesting afternoon. Once our excellent techs get a minute from fighting it, we will post the cloudfare graphs as...

The protection of those who commit heinous crimes in the name of the U.S. government (by the government in whose name the crimes are committed) provides a dangerous precedent and could lead to the conclusion by many in the military and CIA that they can “get away with murder.”  The sad history of our country is that murders and executions (remember the extrajudicial drone assassinations ordered by Presidents Bush, Obama and Trump) are acts that continue to be the policy of our country....

Commons committee to focus on pensions advice as accountants are questioned over role in collapse The PPF is likely to pick up all but two of Carillion’s 13 pension schemes and has estimated the funding shortfall for the schemes at about £900m. It would cost an estimated £2.6bn for a pension firm to buy out the defined-benefit schemes, which is unlikely to happen. Frank Field, the chair of the Commons work and pensions committee, said: “PwC had every incentive to milk the Carillion...

Noel Edmonds had a number of his businesses go bankrupt and he just thought that he is not a good businessman but eventually he started reading about white collar banking crime and he realised his businesses were made bankrupt on purpose so that the banks could seize the assets and make a lot of money. Noel Edmonds is fighting for compensation and he say's the problems started when Thatcher deregulated the City of London, known as the big bang. He say's how neoliberalism has destroyed our...

My breakdown of the weekly EIA report and Impending Fed meeting.