Mike Norman Economics

The Vineyard of the SakerWill the Ukraine be partitioned next and, if so, how?The Saker (Andrei Raevsky)http://thesaker.is/will-the-ukraine-be-partitioned-next-and-if-so-how/The Guardian (UK)Ukraine Aiming To Create Chaos Within Russian Forces – Zelenskiy Adviser ("Mykhailo Podolyak says Russian supply lines will be targeted and predicts similar attacks to last week’s explosion at Crimean airbase." Targeting Russian logistics on the territory of Russia, Ukraine should keep in mind that...

All eyes have been waiting for today’s release (August 17, 2022) of the – Wage Price Index, Australia – by the Australian Bureau of Statistics for the June-quarter, given that the Reserve Bank of Australia has been claiming wage pressures are becoming threatening and using that as a cover for unnecessarily pushing up interest rates. Prior to pushing up interest rates over the last several months, the RBA had been signalling that they would not move on interest rates until there was a...

Interest payments into the economy are increasing. It shows that rate hikes are fiscal expansions.

Reminiscence of the FutureSVR Makes Statements.Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issueshttp://smoothiex12.blogspot.com/2022/08/svr-makes-statements.htmlRT — Question More (Russian state-sponsored media)Ukraine failed to mount counteroffensive – ex-Pentagon adviser [Col. Douglas Macgregor]Colonel Douglas Macgregor thinks that Russian forces could soon go on to seize the port city of Odessa in Southern...

A Son of the New American RevolutionIrony alert–The American Thinker Forgets How to ThinkLarry C. Johnson | CEO and co-founder of BERG Associates, LLC, an international business-consulting firm with expertise combating terrorism and investigating money laundering, formerly Deputy Director in the U.S. State Department’s Office of Counter Terrorism (1989-1993, and CIA operations (1984-1989)https://sonar21.com/irony-alert-the-american-thinker-forgets-how-to-think/Reminiscence of the FutureLarry...

Rather than engage in histrionics over what is obviously a supply-side or cost-push (rather than demand-side or demand-pull) inflationary period, I have been pondering Marxist resistance to MMT. When viewed from the standpoint of Marx’s theory of value, the resistance makes little sense, since there is nothing in MMT necessarily incompatible with a conception of value based in labor time. When viewed from the standpoint of politics, it also makes little sense, because there is nothing in MMT...

The weather has been sunny and bright (for the markets) since mid-June, but now there's a storm forming off in the distance. Be prepared. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/

The Vineyard of the SakerLiberation of Peski. Where to go next?(video 8: 20)The Sakerhttp://thesaker.is/liberation-of-peski-where-to-go-next/AntiWarWill China Mess With US Warships Headed for Taiwan Strait?Ray McGovern, co-founder of Veteran Intelligence Professionals for Sanity, and retired 27-year career CIA whose tasks included preparing and briefing The President’s Daily Brief and leading the Soviet Foreign Policy...

The latest news I read from Germany was that the Rhine is now so low on water that its importance as a commercial waterway for transporting raw materials and finished products is being significantly compromised. The water level in places is now well below that required for navigation by the barges. It is the second time in the space of a few years that inland shipping in Europe has been thwarted by this sort of problem. The War in Ukraine is also causing bottlenecks in the inland transport...

 What's Scott Ritter, Andre Maryanov, Col Douglas MacGregor going to say about this?Russia's air defense is totally absent. Western arms supply is making a big impact.WTF are the Russians doing?Ukraine takes out key bridge, "destroying" Russia's plans for south advancement.https://www.foxnews.com/world/ukraine-takes-out-key-bridge-destroying-russian-plans-south-advancement