CaitlinJohnstone.comMike Pompeo’s Revealing Hudson Institute SpeechCaitlin Johnstonehttps://caitlinjohnstone.com/2022/06/30/mike-pompeos-revealing-hudson-institute-speech/Moon of AlabamaNo, NATO Will Not Get Ready For Warhttps://www.moonofalabama.org/2022/06/no-nato-will-not-get-ready-for-war.htmlRussian and Eurasian PoliticsAvoiding a Russian Quagmire, the Improbable Ukrainian Peace, and the Risk of Direct Russo-NATO WarGordon M. Hahn | Expert Analyst at Corr Analytics,...
Read More »Bond yields coming down as economic recession takes hold.
Atlanta Fed now forecasts negative second quarter GDP growth. Bond yields coming down. 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/
Read More »What FDR and Two Former Fed Chairs Understood About Social Security — Stephanie Kelton
It’s a shame more people don’t understand that the entire debate over “solvency” is rooted in a flawed understanding of our monetary system and the mechanics of government finance....he LensWhat FDR and Two Former Fed Chairs Understood About Social SecurityStephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, and an economic adviser to the 2016 presidential campaign of...
Read More »The West’s self-defeating sanctions — Philip Pilkington
Philip Pilkington makes the point that any competent economist or financial type would have been able to see why imposition of sanctions was insane and their effect would be opposite to that intended.Now that the policy has been adopted, it is impossible to back down without looking foolish, even though this policy is destroying Western economies and undermining the objective for which it was imposed — preservation of the unipolar order that emerged upon the collapse of the...
Read More »You’re either with us or you’re a “systemic challenge” — Pepe Escobar
The rise of the Global East/South, much to the dismay of the Global North/West as a challenge to the Post-WWII global order under US domination as a resurgence of the British Empire.The Vineyard of the SakerYou’re either with us or you’re a “systemic challenge”Pepe Escobar
Read More »Links — 30 June 2022 Part 1
1945Is NATO Membership for Finland and Sweden a Bad Idea? (Yes, it increases the probability of the US being nuked, with no corresponding benefit to either the US or NATO)Lt. Col. Daniel L. Davis (USA ret.), Senior Fellow and Military Expert for Defense Prioritieshttps://www.19fortyfive.com/2022/06/is-nato-membership-for-finland-and-sweden-a-bad-idea/A Son of the New American RevolutionAMERICANS DO NOT UNDERSTAND THEIR OWN MILITARY HISTORYLarry C. Johnson | CEO and co-founder of BERG...
Read More »Bill Mitchell — Unaccountable central bankers once again out of controls
On August 27, 2020, the US Federal Reserve Chairman, Jerome Powell made a path breaking speech – New Economic Challenges and the Fed’s Monetary Policy Review. On the same day, the Federal Reserve Bank released a statement – Federal Open Market Committee announces approval of updates to its Statement on Longer-Run Goals and Monetary Policy Strategy. I analysed that shift in this blog post – US Federal Reserve statement signals a new phase in the paradigm shift in macroeconomics (August 31,...
Read More »It’s collapsed — Douglas Macgregor (video 1.22)
[embedded content]It's collapsedDouglas Macgregorhttps://youtu.be/gzFeNLi4tXQ
Read More »FED’S MESTER: WE WANT TO SEE US RATES ABOVE 4% NEXT YEAR.
Banks have $3T of regulatory required reserve assets getting IOR and $4.5T of regulatory required HQLA govt securities... if they get this 4% minimum on this $7.5T of regulatory assets (QT will albeit reduce this slightly by then) that would be $300B annual in revenues to US banks for doing nothing other than complying with government regulations…. Up from 0 at ZIRP very recently…And Fed has over $2T in RRP paying about the same rate so that would be another $80B annual to somebody…. Then...
Read More »US crude production rose to the highest since April 2020, rising to 12.1 million BPD
Domestic production finally back above 12Mbpd… another 1M to go to get back to pre-CCP virus production rate…Let's gooooo "US crude production rose to the highest since April 2020, rising to 12.1 million BPD. - EIA"https://t.co/bOgBlgQm9i https://t.co/kgzGWn8SYT pic.twitter.com/Cg3PfveDAe— Gold (@GoldmanShark0x) June 29, 2022
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