Mike Norman Economics

India PunchlineIndia, Germany cogitate on UkraineM. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassadorhttps://www.indianpunchline.com/india-germany-cogitate-on-ukraine/A Son of the New American RevolutionDeception In Operation ZLarry 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...

[embedded content]Top Gun In Real WarAndrei 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...

Don't let anyone tell you the gov't will never be able to pay back the measly $30T of debt. Last year alone, $120T was paid back. I show you tables from the Treasury to prove it. Get my Understanding the Daily Treasury Statement course. Learn how to calculate fiscal flows, deficits and more every day. https://www.pitbulleconomics.com/daily-treasury-statement/

For the foreseeable future I am spending the time I would normally use to write a blog post each Tuesday, studying the Japanese language. I will be taking up a position to work in Kyoto from October this year for some time and so I have to improve my language skills. So – 日本語を勉強している学校に戻ってきました.Bill Mitchell – billy blogBack to school for me …Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW,...

To many Americans (including politicians), diesel prices are so removed from their version of reality that they often dismiss the importance of diesel to the U.S. and global economies. However, diesel is the fuel that drives the economy and leaves major industries vulnerable to cost shocks. Without diesel fuel, the U.S. economy would collapse in a matter of days. Our supply chains would completely shrivel, almost overnight....Since diesel powers the industrial economy, the recent surges in...

Unintended consequences.OilpriceEU Rejects Russia’s Ruble-For-Gas Scheme, Warns Of Supply ShockTom Kool https://sputniknews.com/20220502/paying-for-gas-via-russia-proposed-mechanism-is-violation-of-sanctions-eu-official-says-1095209324.htmlAlsoSputnik International (Russian state-sponsored media)Proposed Mechanism is Violation of Sanctions, EU Official...

April's $300 bln + tax haul was a serious liquidity drain, and it torpedoed stocks. What happens next?

[embedded content]Special Military Operation w/Andrei Martyanov & Gonzalo LiraInterview by Alex Christoforou and Alexander Mercourashttps://youtu.be/IPrDl414AFM

A Son of the New American RevolutionMore Wisdom From Jacques BaudLarry 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/more-wisdom-from-jacques-baud/Reminiscence of the FutureLarry Johnson Continues Reviewing Of Jacques Baud's...

"Money" and "contract sanctity." This is now shaking the monetary and legal system — it's a combined system — established and run by the West,  to which the West demands the ROW conform as it is interpreted by the West. Russia says, "NYET." Russia holds the goods here. Maybe freezing central bank assets and sanctioning payments wasn't such a good ideal after all. Actually, the politician did this all by themsevles even though expert opinion differed at the time. Now the reason for the...