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Mike Norman Economics

West’s Fate — Andrei Martyanov (video 28.24)

[embedded content]West's FateAndrei 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 a...

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Bill Mitchell — Myopic meanness – Australia’s ODA cuts to its neighbours in the Pacific

Neoliberal governments and their supporters have a habit of spruiking gee whiz solutions to the world’s problems, where gee whiz means make it easier for corporations to make profits and harder for workers to get pay rises, claiming that the destiny of individuals is in their own hands (denying systemic failures), and reducing regulations that ensure equity is enhanced. Australia added another dimension to that list (which is not exhaustive) – being mean spirited when it comes to the less...

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What Is The Trend, Kenneth? — Brian Romanchuk

Note: this is an unedited first draft from my manuscript with a working title “What is Inflation?” This book is aimed to be a primer that acts an introduction to inflation, without being tied to any theory that predicts inflation. The reason is that online discussions of inflation invariably have a lot of superstitions that need to be dealt with before we even get to the thornier questions of inflation theory. This section is from a chapter at the end of the book that deals with the issue of...

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Fed Pays US Treasury $86.9 Billion, Largest Sum in 4 Years

Story from LAST year…. Not seeing any stories this year about the same thing… hmmmmm… 🤔The Fed said that its earnings were up $33.1 billion last year, a gain that reflected falling interest rates which meant the central bank paid commercial banks less in interest payments on bank reserves that the Fed requires them to keep.Gee I wonder how much the Fed will have to pay commercial banks and the others this year under  an increasing rate policy? 🤔…   that monetarist Bullard guy there wants...

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Germany supplies tanks to Ukraine and prepares for war against Russia

This is just Germany… Once the west gets enough material tonnage in there it’s going to be over… WW2 redux… bullish western arms industry… then there’s going to be the provisioning of the new iron curtain around Russia…  if Putin survives this we’ll probably have a $1T Defense appropriation next year… potential goldmine somewhat already is…The planned shipments are massive. According to the Süddeutsche Zeitung, the government’s list of weapons includes “about 200 products.” These included...

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Links — 4 Apr 2022 Part 2

Dances with BearsHOW TO READ THE WAR IN REVERSE WITHOUT OUTSMARTING YOURSELF (nails it)John Helmerhttp://johnhelmer.net/how-to-read-the-war-in-reverse-without-outsmarting-yourself/The Vineyard of the SakerDay 39 of the Russian SMO – a few developmentsThe Sakerhttp://thesaker.is/day-39-of-the-russian-smo-a-few-developments/Reminiscence of the FutureFor "Financists".Andrei Martyanov, former USSR naval officer and expert on Russian military and naval...

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Links — 4 Apr 2022 Part 1

A Son of the New American RevolutionBucha Massacre? A Ukrainian False FlagLarry 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/bucha-massacre-a-ukrainian-false-flag/Gilbert Doctorow — International relations, Russian affairsThe...

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