Mike Norman Economics

A Son of the New American RevolutionTHE SHORTEST HISTORY OF EUROPEAN SURFACE NAVAL WARFARE EVER WRITTEN (increasing distance/bang ratio)Helmholz Smithhttps://sonar21.com/the-shortest-history-of-european-surface-naval-warfare-ever-written/It is Ukraine, Not Russia, scraping the bottom of the barrel in search of Replacement TroopsLarry C. Johnson | CEO and co-founder of BERG Associates, LLC, an international business-consulting firm with expertise combating terrorism and investigating money...

So last week, the Bank of Japan remained the last bank standing, the rest in the advanced world have largely lost the plot by thinking that raising interest rates significantly will reduce the global inflationary pressures that are being driven by on-going supply disruptions arising from the pandemic, the noncompetitive behaviour of the OPEC oil cartel and the Russian assault on Ukraine. The most recent central bank to buckle is the ECB, which last week raised interest rates by 50 basis...

CaitlinJohnstone.comWhen They Announce WW3 Let’s Just Say ‘Nah’: Notes From The Edge Of The Narrative MatrixCaitlin Johnstonehttps://caitlinjohnstone.com/2022/07/24/when-they-announce-ww3-lets-just-say-nah-notes-from-the-edge-of-the-narrative-matrix/  Reminiscence of the FutureTOE [Table of Operations and Equipment] As Military Bible.http://smoothiex12.blogspot.com/2022/07/toe-as-military-bible.htmlIn The News.http://smoothiex12.blogspot.com/2022/07/in-news.htmlAndrei Martyanov, former USSR...

Short quote on the important of the external factor (exports and imports).The Case for Concerted ActionWynne Godley’s Views About How The Economy WorksV. Ramananhttps://www.concertedaction.com/2022/07/24/wynne-godleys-views-about-how-the-economy-works/

Stagflation.Michael Roberts Blog — blogging from a marxist economistEurope: caught in a trapMichael Robertshttps://thenextrecession.wordpress.com/2022/07/24/europe-caught-in-a-trap/

This guy is in charge not Yellen or Powell… tells Biden what to tell them…  thinks we’re headed for recession due to the monetary policies of higher risk free rates and quantitative tightening…  ie textbook Art degree monetarism 101…Former Obama economic advisor Larry Summers says "there is a very high likelihood of recession" and it's "very unlikely" the U.S. will have a "soft-landing" pic.twitter.com/SkBNd2jUBx— RNC Research (@RNCResearch) July 24, 2022

The Saker (Andrei Raevsky) is back. Here is his first report in some months. He, along with some other dissident military analysts like Col. Douglas Macgregor, Andrei Martyanov, Scott Ritter, Dima (of Military Summary), and Brian Berletic of New Atlas, have been providing an alternative to the conventional narrative that is not found on the conventional media that pushes the narrative while ignoring alternative views. It's good to have his perspective again. While opponents may claim that...

Current MAGA outlook, Navarro still bearish and short on the “stagflation!”…  doesn’t think there is any policy alternative to current projected low or negative growth…  not thinking about bank credit at all…

 Started June 1 at 8,392Now after 7 weeks down to 8,369Down 23 when they said they were supposed to be reducing at a 47.5 per month rate…. Should be close to 8,300 … either they are technically incompetent or yes I know I know it’s all part of the “vast neoliberal conspiracy!”..

The Vineyard of the SakerFor those about to rock, NAM 2.0 salutes youPepe Escobarhttp://thesaker.is/for-those-about-to-rock-nam-2-0-salutes-you/RayMcGovern.comMedia Miss Major Moves on Russia-Ukrainehttps://raymcgovern.com/2022/07/22/media-miss-major-moves-on-russia-ukraine/Beware the Lucrative Tilt With Windmills in Ukrainehttps://raymcgovern.com/2022/07/22/beware-the-lucrative-tilt-with-windmills-in-ukraine/Ray McGovern, co-founder of Veteran Intelligence Professionals for Sanity, and...