Mike Norman Economics

Washington can’t adjust to losing its role as global sheriff, and the entire world must bear the consequences. SalonNow the U.S. is playing spoiler role in Korea, Syria and elsewhere. But why? Patrick Lawrence, Salon’s Foreign Affairs Columnist

The American CONSERVATIVE  remains fairly right on most things, but its stance against war is most encouraging. It means we on the moderate left have a lot of scope to work with moderate right in bringing about a safer, more harmonious world. The reply by SteveM is excellent, representing, I would believe (or hope), how a significant amount of conservatives don't support the ruling elite and their wars, especially if they could be better informed.  Micah Zenko makes 12 predictions about...

This is a little bit more encouraging, but it's a shame she can't just say that the US has gone off the rails going around the world threatening everyone and starting endless wars.  WELLINGTON, New Zealand — New Zealand Prime Minister Jacinda Ardern expressed support Thursday for economic sanctions against North Korea while also urging a de-escalation on the Korean Peninsula, and said her country should maintain a close relationship with the United States even if they don’t always agree....

Some keeper quotes, and some parallels with today.Global InequalityThe bitterness of Adam SmithBranko Milanovic | Visiting Presidential Professor at City University of New York Graduate Center and senior scholar at the Luxembourg Income Study (LIS), and formerly lead economist in the World Bank's research department and senior associate at Carnegie Endowment for International Peace

Jimmy Dore shows a video of Warren Buffet saying single payer is best and less complicated but now he is in with Jeff Bezos to start a healthcare company. Jimmy Dore says how Jeff Bezos now has a near monopoly as half of US sales are now done through Amazon, a company who's success is due to crony capitalism as it doesn't pay its taxes undercutting all the local businesses putting them out of business. None of the media will speak up as it is owned by the corporations. [embedded content]

You didn't know you were part of the world's wealthiest cohort... you can see why everyone is trying to break into the western nations from the shit holes...If you make more than $32,400 per year, you are in the top 1 percent of the richest people in the world! https://t.co/Oux230ZoQl— Cato Institute (@CatoInstitute) February 1, 2018

The FBI just released the results of their investigation claiming that the media mogul and found of RT killed himself by repeatedly smashing his head and upper body into the ground. In November 2015, the Free Thought Project reported that Mikhail Lesin, the former head of media affairs for the Russian government, and the founder of Russia Today (RT), was found dead in the hotel room that he was staying at in Washington DC. Originally, authorities announced that Lesin died from a heart...

Trump has been bragging about the stock market's gains, but what we don't hear about is the fact that the US dollar has eroded badly. Since his election the dollar has fallen to a 3-year low.Trump is destroying the US dollar.I called this at the time of the election and I said it was based, at the time, on two things. 1) Trump's  proposed expansion of fiscal stimulus. (More spending and tax cuts.) And, 2) the ongoing rate hike campaign of the Fed, which is inflationary and therefore NOT...

Nice report from Boeing this quarter; $3.06 vs. $2.89 expected.  Projecting 7% growth in real output for 2018 too. Not too shabby...thank you low oil prices.Boeing flying high; OPEC Venezuela in the shit hole.  Let's get another 7 years of this then maybe it will be  back close to "even"... Boeing aims to lift jetliner output nearly 7 percent in 2018 https://t.co/wbf24loQUC — Brian Poncelet (@Brian_Poncelet) January 31, 2018

The Economist: Humanity teeters on the brink of world war When will the Western electorate wake up the what's going on? KV James Cogan The Economist magazine, the influential London weekly described by Karl Marx over 150 years ago as the “European organ” of the “aristocracy of finance,” has devoted its latest issue to discussing “The Next War” and “The Growing Threat of Great Power Conflict.” Its lead editorial opens with a chilling warning: In the past 25 years war has claimed...