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Mike Norman Economics

June 7 Remarks — Andrei Martyanov (video 26:48)

[embedded content]June 7 RemarksAndrei Martyanov, former USSR naval officer and expert on Russian military and naval issues. Martyanov was born in Baku, USSR in 1963. He graduated from the Kirov Naval Red Banner Academy and served as an officer on the ships and staff position of Soviet Coast Guard through 1990. He took part in the events in the Caucasus which led to the collapse of the Soviet Union. In mid-1990s he moved to the United States where he currently works as Laboratory Director in...

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YouTube is loaded with stock market bears.

Market crash, recession, liquidity crisis, another Lehman Bros...YouTube is loaded with bears. Check it out. 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/

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Links — 7 June 2022 Part 1

A Son of the New American RevolutionThe New Top Gun Movie Highlights America’s Incongurous Military StrategyLarry 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...

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Links — 6 June 2022 Part 1

The Vineyard of the SakerSitrep Operation Z: Back into The Grind while the penny drops in EuropeThe Saker StaffHow blaming Putin is helping PutinDmitry OrlovMoon of AlabamaHow Russia Can (And Will?) De-NATO-size Europehttps://www.moonofalabama.org/2022/06/how-russia-can-and-will-de-nato-size-europe.htmlHow the West miscalculated its ability to punish RussiaAdriel Kasontahttps://asiatimes.com/2022/06/how-the-west-miscalculated-its-ability-to-punish-russia/Asia TimesUkraine – The Situation...

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Bringing back GST is the right move — Dr. Irwan Shah Zainal Abidin

Economic doctrines, like the Modern Monetary Theory, which are quite popular, especially in times of crisis and recovery, can illuminate these issues further.In the midst of World War 2, British economist John Maynard Keynes once said: "Anything we can actually do we can afford."And, in his important book, How To Pay For The War, Keynes noted: "Coming up with the money is the easy part. The real challenge lies in managing your available resources — labour, equipment, technology, natural...

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Market consolidating before the move higher.

Strong fiscal and an expanding federal deficit providing liquidity. Next week's Fed meeting is already priced in. 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/

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Michael Hudson — Is US/NATO (with WEF help) pushing for a Global South famine?

Is the proxy war in Ukraine turning out to be only a lead-up to something larger, involving world famine and a foreign-exchange crisis for food- and oil-deficit countries?Many more people are likely to die of famine and economic disruption than on the Ukrainian battlefield. It thus is appropriate to ask whether what appeared to be the Ukraine proxy war is part of a larger strategy to lock in U.S. control over international trade and payments. We are seeing a financially weaponized power grab...

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Reality Dawns–Weekend Headlines of Importance, Reality of tangibles — Andrei Martyanov (video 24.28)

[embedded content]Reality Dawns — Weekend Headlines of Importance, Reality of tangiblesAndrei Martyanov, former USSR naval officer and expert on Russian military and naval issues. Martyanov was born in Baku, USSR in 1963. He graduated from the Kirov Naval Red Banner Academy and served as an officer on the ships and staff position of Soviet Coast Guard through 1990. He took part in the events in the Caucasus which led to the collapse of the Soviet Union. In mid-1990s he moved to the United...

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Bill Mitchell — US labour market weakens a little–it is madness to be increasing interest rates in this environment

Last Friday (June 3, 2022), the US Bureau of Labor Statistics (BLS) released their latest labour market data – Employment Situation Summary – May 2022 – which reported a total payroll employment rise of only 390,000 jobs and an official unemployment rate of 3.6 per cent. The US labour market is still 822 thousand payroll jobs short from where it was at the end of May 2020, which helps to explain why there are no wage pressures emerging. Real wages continued to decline as the supply...

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