Mike Norman Economics

 Martin Armstrong's model agrees that this is the onset another turning point of history. In other terms, it is a change in moments in the historical dialectic, one wave cresting and breaking and another rising behind it to take its place. In the Eastern view of cyclical time it is the end of one cycle and the onset of another cycle. Peter Turchin's cliodynamic model projects something similar for the US. And, of course, there is also Strauss and Howe's generational model and the cycle...

Yves examines this issue in detail. It's not the huge deal that many think it is. Most everything remains in place. But in this arrangement Russia, in this case Gazprom gets paid rather than the funds being frozen by sanctions.We listed a whole set of advantages in our post yesterday that Russia would nevertheless get from a minor-seeming, technical change. The main one was to require gas buyers to tender payments to Russian banks, since only Russian banks could get their hands on enough...

When the current Ukraine crisis began the U.S. announced that it had activated certain sanctions against Russia and told Europe to do the same. Europe then decide to deliver even more sanctions than it was told to do. With that done the U.S. has quietly buried or circumvented some of its own sanctions after it had used them to push the Europeans....The tried and true double-standard, if this is the case. There is some issue about honoring currently running contracts.But the overall point is...

Machine translation of video address.The Vineyard of the SakerPresident Putin’s Full Remarks at the Oil for Ruble announcementHere is the official decree (link provided by Neil in the comments)Putin's decree on Russian gas purchases in roubles

"A new reality is being formed:the unipolar world is irrevocably becoming a thing of the past,a multipolar one is taking shape." —Dmitri Medvedev, formerly President of the Russian FederationIt was something to behold. Dmitri Medvedev, former Russian President, unrepentant Atlanticist, current deputy chairman of the Russian Security Council, decided to go totally unplugged in an outburst matching the combat star turn of Mr. Khinzal that delivered palpable shock and awe all across...

Yeah, please ignore all of this material systems success… the stock went up due to “all the Fed pumping!”…. Giga Berlin Delivery Day 🇩🇪 pic.twitter.com/i8JQxbEikU— Gigafactory Berlin (@Giga_Berlin) March 31, 2022

Igor Kirillov pointed to a request from the Ukrainian company Motor Sich to the Turkish manufacturer of Bayraktar unmanned aerial vehicles, asking about the possibility to equip the UAV with systems and mechanisms for spraying aerosols...TASS (Russian state media)Russian ministry says Kiev was developing equipment for delivery, use of bio weaponshttps://tass.com/politics/1430505also at TASSRussian Defense Ministry names those who worked on bioweapons in...

ECNS (Chinese state-sponsored media)China's foreign ministry clarifies nature of relationship with Russiahttp://www.ecns.cn/hd/2022-03-31/detail-ihawymkm2556832.shtml

Consequences of not thinking things through. Civilization hangs by just a few threads, and one of these threads is energy. Another is food, which also being affected.Zero HedgeGerman Chemical Giant Warns Of "Total Collapse" If Russian Gas Supply CutTyler Durdenhttps://www.zerohedge.com/energy/basf-ceo-warns-germany-total-collapse-if-russian-gas-supply-cut

The Vineyard of the SakerDay 35 of the Russian SMO in the Ukraine – a “naysayers special”!The Sakerhttp://thesaker.is/day-35-of-the-russian-smo-in-the-ukraine-a-naysayers-special/Reminiscence of the FutureUpcoming FinalizationAndrei Martyanov, former USSR naval officer and expert on Russian military and naval issueshttps://smoothiex12.blogspot.com/2022/03/upcoming-finalization.htmlSitrep: Operation ZNightvisionhttp://thesaker.is/sitrep-operation-z-2/MediumIs Russia Losing the Information...