Mike Norman Economics

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...

RT — Question More (Russian state-sponsored media)Ukraine is winning the battle on Twitter, but in the real world Kiev is losing the fight for the DonbassScott Ritter, former US Marine Corps intelligence officer, serving in the Soviet Union as an inspector implementing the INF Treaty, on General Schwarzkopf’s staff during the Gulf War, and from 1991-1998 as a UN weapons inspectorhttps://www.rt.com/russia/554729-us-ukrainian-perception-donbass/AntiWarIntel Vets: Nuclear Weapons Cannot Be...

Apparently, the Left/Right Paradigm is dead. This narrative keeps coming back. In the 1980s, when governments, coopted by corporate lobby groups, went on a privatisation spree, which transferred billions of dollars worth of public assets into the hands of private wealth holders, and enriched lawyers, management consultants etc into the bargain, we were told that we are all capitalists now because our pension funds bought the assets. Joke. Anyway, I keep reading and being told that there is...

George Eliason | SubstackIs Nina Jankowicz still working for Ukraine?George Eliason, American journalist who lives and works in Donbasshttps://www.blogger.com/blog/post/edit/2761684730989137546/1676282384091225172#Gilbert Doctorow — International relations, Russian affairs“The Eagle Has Landed”: A voyage to St Petersburg via the far side of the moonGilbert Doctorowhttps://gilbertdoctorow.com/2022/05/01/the-eagle-has-landed-a-voyage-to-st-petersburg-via-the-far-side-of-the-moon/The Vineyard...

The situation in Ukraine is approaching a junction point. The US/NATO is determined not to lose and is seemingly committing to do what it takes to prevail.  Nightvision lays out some scenarios involving escalation. How this may unfold is unclear but preparations are underway. While Nightvision does not mention it, NATO honchos are meeting at the US base in Ramstein to discuss strategy, along with the head of Ukraine's military. NATO versus Russia appears to be on.Meanwhile the standoff at...

[embedded content]Danny Haiphong interviews Pepe Escobar: A New Russia and China-led Monetary System Seeks to Replace U.S. Dollarhttps://youtu.be/72uSyoiQRzc