Mike Norman Economics

Gilbert Doctorow — International relations, Russian affairsRussian media today, 28 April 2022 ("the head of Russian External Intelligence (SVR), Sergei Naryshkin, has spoken out about Poland’s plans to take control of part of the territory of Ukraine")Gilbert Doctorowhttps://gilbertdoctorow.com/2022/04/28/russian-media-today-28-april-2022/A Son of the New American Revolution“Those who cannot remember the past are condemned to repeat it.” (Important because Russians have a completely...

With yesterday’s detail CPI analysis, I am transferring the news/music blog post that normally appears on a Wednesday to today. This morning, I read the newly published report from the UK-based – Institute for Public Policy Research – Health and prosperity: Introducing the Commission on Health and Prosperity (released April 27, 2022) – which provides a sobering (to say the least) evidence base for how the pandemic has impacted on Britain’s health system and labour market. As more evidence...

India PunchlinePutin warns the US to back off in UkraineM. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassadorhttps://www.indianpunchline.com/putin-warns-the-us-to-back-off-in-ukraine/Naked CapitalismJaishankar Calls Out Europe’s Selective Concern on Rules-Based OrderJerri-Lynn Scofieldhttps://www.nakedcapitalism.com/2022/04/jaishankar-calls-out-european-selective-concern-on-rules-based-order.htmlConsortium NewsPATRICK LAWRENCE: Ukraine & the Strength...

Well, not exactly MMT-compliant, but close enough to be interesting. The basic idea, currency sovereignty, is OK. This means that a country that is sovereign in its currency doesn't need to obtain it because it issues it.Investorideas.comChina will be poster child for developing countries MMTRichard Mills

Interest rates are viewed as the be all end all for the economy. Is that true?

Stephen Bryen is a neoconservative whose mentor was Richard Perle. A hawk, he is an unlikely person to be warning about developments, but he is also a realist. He is also an insider and speaks from experience in and knowledge of the US foreign policy and military apparatus from the POV of the right. He is looking at the unfolding situation from the point of view of a foreign policy realist rather than a foreign policy idealist. The is where neoconservatism meets in US politics. At this...

Gilbert Doctorow — International relations, Russian affairsRussian Media Today, 26 April 2022Gilbert Doctorowhttps://gilbertdoctorow.com/2022/04/27/russian-media-today-26-april-2022/A Son of the New American RevolutionRussia Ratchets Up the PressureLarry 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...

MMT. Short.The Peterborough Examiner — OpinionPeterborough letter: Canadian ‘debt’ propaganda is based on mythHerb Wiseman, Village Crescenthttps://www.thepeterboroughexaminer.com/opinion/letters-to-the-editors/2022/04/27/canadian-debt-propaganda-is-based-on-myth.html

The Tweets have started already demanding an interest rate rise in May at the next RBA Board meeting. Bankers, media commentators who just are conduits for the bankers – all with vested interests. Today’s data release from the Australian Bureau of Statistics – Consumer Price Index, Australia (April 27, 2022) – has fuelled their mania. Inflation in the March-quarter 2022 rose to 2.1 per cent (5.1 per cent for the 12 months) on the back of rising automotive fuel costs (uncompetitive cartel and...

The Vineyard of the SakerSitrep: Operation ZNightvisionhttp://thesaker.is/sitrep-operation-z-15/Short message from the SakerThe Sakerhttp://thesaker.is/short-message-from-the-saker-4/The Ukraine and the End of the History (a Russian worldview)Batiushka for the Saker Bloghttp://thesaker.is/the-ukraine-and-the-end-of-the-history/Moon of AlabamaA Recap Of The War In Ukraine - by Gonzalo Lirahttps://www.moonofalabama.org/2022/04/a-recap-of-the-war-in-ukraine-by-gonzalo-lira.htmlReminiscence of...