Mike Norman Economics

Defending the periphery of the empire while also attempting to extend it.SouthFrontU.S. Says Syrian Government Will Never Have Foothold In Raqqa, Acccuses Damascus & Allies Of Hindering Efforts To Liberate City once_again1 ABCNewsNetanyahu says Israel won't tolerate Iran presence in Syria Associated Press Newsweek U.S. Sanctions On Russia Won’t Be Lifted Until Crimea Is Returned To Ukraine: Rex Tillerson Graham Lanktree Russia InsiderJohn McCain's Plan to Fuel More Bloodshed in...

Even former Clinton political strategist Mark Penn has acknowledged the absurdity of thinking that such piddling amounts could have any impact on a $2.4 billion presidential campaign, plus all the billions of dollars worth of free-media attention to the conventions, debates, etc. Based on what’s known about the Facebook ads, Penn calculated that “the actual electioneering [in battleground states] amounts to about $6,500.” In a Wall Street Journal op-ed on Monday, Penn added, “I have 40...

Finally figuring it out. The net debt of the non-financial components of the Shenzhen 300 Index is heavily concentrated in a dozen or so companies, all of which contribute to basic energy or transport infrastructure. A full 10% of the net debt of non-industrial SHSZ300 companies is owed by Petrochina alone. This suggests that a great deal of Chinese corporate indebtedness should be viewed as “public works” investment by the Chinese sovereign. There certainly are aspects of the increase...

Overall, the prognosis for Xi Jinping and his successors being able to deliver on the monumental promises made in today’s speech, seem surprisingly doable. China has shown the world that it can make the difficult happen with speeds that shock many sceptics and with an exactitude that confounds students or previous rising economic giants. In this sense, it is not at all beyond the scope of reality that a 3.5 hour speech, may shape the next 100 years of Chinese and world history. Marx and...

Back to business as usual. Nothing accomplished other than a lot of hassle. TripleCrisisThe De-Digitisation of India Jayati Ghosh | Professor of Economics at the Centre for Economic Studies and Planning, School of Social Sciences, at the Jawaharlal Nehru University, in New Delhi

Socialism with Chinese characteristics has entered a new era. The CPC has given shape to the Thought on Socialism with Chinese Characteristics for a New Era, a long-term guide to action that the Party must adhere to and develop. The Thought builds on and further enriches Marxism-Leninism, Mao Zedong Thought, Deng Xiaoping Theory, the Theory of Three Represents, and the Scientific Outlook on Development. It represents the latest achievement in adapting Marxism to the Chinese context.......

"Take a look at the history of the human race, women are documented to suffer from discrimination and suppression both in Oriental civilizations and in Western countries. Women have much more difficulty than men in defending their rights in life and marriage." This is the very first sentence from Radiant Girls, a new sex-ed textbook published by Shanghai Educational Publishing House especially for girls in the fourth or fifth grade of elementary school.... Teaching basic feminism right out...

Perhaps it's time for Trump to go, but who's going to replace, Mike Spence? Is there anyone who is a safe pair of hands out there, well, the world depends on it? A war with Iran would be an terrible tragedy and the loss of life enormous. Regardless of their leaders the Iranians are world renowned for their friendliness, which has something to do with Iran being a trading route in the past where traders brought goods and custom.  Democratic Rep. Steve Cohen said Sunday that it's not just...

Some interesting history.MoneynessAn example of tax-driven money during the greenback eraJP Koning

Polarization.GallupTrump Presidency Draws Strong Support, Stronger Opposition Jim Norman