Mike Norman Economics

Just a tip of the iceberg. We're all "shocked, shocked, shocked" that the US media would do such a thing. As I tell my many friends who know I watch this stuff, if you can't be sure what is true and what is not, don't believe any of it. The InterceptThe U.S. Media Yesterday Suffered its Most Humiliating Debacle in Ages: Now Refuses All Transparency Over What Happened Glenn GreenwaldSee also Having been on the receiving end of three "fake news" stories in the past week, betwee the ABC...

ABSOLUTELY MUST-READ!!! 'Nuff said.Une parole franche Speech to The National Press Club, Washington, D.C., 7 December 2017Gilbert Doctorow | European Coordinator of The American Committee for East West Accord Ltd.

Bank regulatory parameters matter both pro and con... The Basel Committee on Banking Supervision on Dec. 7 issued new rules on how banks estimate the risk of mortgages, loans and other assets. The compromise, reached after fierce lobbying by the industry, will cause “no significant increase” of overall capital requirements, the regulator said. For some big banks, capital demands will actually decline.  The "stability creates instability!" morons don't understand this. Huge rally in...

Leaked pitch to Trump administration warns of China’s goal to control key tech resource Resources wars? Asia TimesErik Prince’s plan for Afghanistan’s rare metals revealed

Data show rising dissatisfaction with economic status quo. The millennial generation is the largest demographically, and it is poised to begin taking over power as the boomers start fading. AlterNet Millennials and Capitalism Just Don't Mix Emily C. Bell

Is Bitcoin a bubble? It's a natural question to ask—especially after Bitcoin's price shot up from $12,000 to $15,000 this week. So we decided to ask a couple of experts on bubbles what they thought: Brent Goldfarb is a business professor at the University of Maryland, and William Deringer is a historian at MIT. Both have done research on the history and economics of bubbles, and they talked to Ars by phone this week as Bitcoin continues its surge. Both academics saw clear parallels...

Nothing new here for most of you guys but go to 1:50 where Micheal Hudson had me laughing my head off. And it is a good interview too. [embedded content] We’re living in a time of economic babble, where politicians and economists throw out words like “reform,” “privatize,” and “austerity” to prop up corrupt capitalist opportunists. So says our guest this week, economist Michael Hudson, author of J is for Junk Economics.

The prize.Defense OneChina Is On a Whole-of-Nation Push for AI. The US Must Match It Elsa B. Kania | Adjunct Fellow With the Technology and National Security Program at CNAS (Center for a New American Security) See also CNNPutin and Musk are right: Whoever masters AI will run the world Gregory C. Allen | Adjunct Fellow at the Center for a New American Security

Although I knew of most of what is written below but this article still deeply shocked me. The US fire bombing of north Korea is an evil beyond evil and how people could do something so awful to other people is terrifying indeed. But the evil doers of these crimes have gotten away with it as the media whitewashes it out of history.  As the world watches with mounting concern the growing tensions and bellicose rhetoric between the United States and North Korea, one of the most remarkable...

And people think that California residents are worried about earthquakes? It's the fires, stupid. It's been a issue for along time, but now it is increasing. Climate scientists predicted more intense fires in California, bigger hurricanes on the US East and Gulf Coast, and more frequent and serious floods in the Midwest years ago. They were right.Zero Hedge"It Was Like A War Zone" - Heavy Winds Push Wildfires Toward San Diego As Bel Air Burns Tyler DurdenSee also For years, climate...