Mike Norman Economics

This kind of deceleration has always been associated with recession.... The Center of the UniverseCredit checkWarren Mosler

You can rest easy. The nuclear threat narrative was a hoax according to these scientists. The Bulletin of the Atomic ScientistsNorth Korea’s “not quite” ICBM can’t hit the lower 48 statesTheodore A. Postol, professor of science, technology, and national security policy at MIT, and Markus Schiller, Robert Schmucker, engineers

Putting Assad's alleged Aleppo massacre aided by Russia to bed. It was disinformation.Sic Semper Tyrannis Large numbers of Syrians are returning homeCol. W. Patrick Lang, US Army (ret.), former military intelligence officer at the US Defense Intelligence Agency

As usual Moon is critical.Moon of AlabamaHyping North Korea To Relaunch Reagan's Star Wars? b

Thomas Goodrich is an historian and very right wing, but he is complex, he's a tree-hugger, an animal rights activist, and a vegetarian. He has written a book called Hellstorm, The Death of Nazi Germany 1944 to 1947 and it is terrifying.Paul Craig Roberts got me thinking about this again because he is reading David Irvin's book Nuremberg (1996), and like me, he is discovering that the world is not as it seems. I was your typical liberal and fully absorbed the narrative of WW2, yep, there was...

While Republican leaders are confident their party can set aside its differences to resolve the latest debt-limit impasse before the clock runs out sometime between late September and mid-October, investors are shying away from Treasury bills earlier than they have in the past.... BloombergU.S. Default? Unlikely, But Bond Traders Are Taking No Chances Brian Chappatta and Alex Harris

North Korea is not going to launch a first strike on America or its allies with nuclear weapons. To understand this, you don’t need to know anything about the history of U.S.-North Korea relations, or the throw weight of intercontinental ballistic missiles, or even where North Korea is. All you need to know is human history. And history says that small, poor, weak countries tend not to start wars with gigantic, wealthy, powerful countries — especially when doing so will obviously result...

I have had plenty of criticisms of the Fed over the years. I am concerned that their model of inflation isn't working, and that their estimate of the natural rate of interest is too high. But that type of criticism is a far cry from describing the institution as the "deep state." We have seen time and time again that fomenting that kind of thought only leads to bloodshed.... Tim Duy's Fed WatchDon't Add To The FireTim Duy

James Risen, who, as a best-selling author and New York Times reporter, has broken some of the biggest stories of the post-9/11 period, is joining The Intercept as our senior national security correspondent, based in Washington, D.C. Risen will write a reported column on national security and other national issues, as well as help to lead The Intercept’s investigative reporting efforts. Risen will have a unique dual leadership position at First Look Media, because in addition to his...

Class again. It affects everything. Stumbling and Mumbling The Social Mobility Lie Chris Dillow | Investors Chronicle