Mike Norman Economics

The Vineyard of the SakerBriefing by Russian Defence Ministry (is that a Kinzhal flying?) (Kinzhal missile)http://thesaker.is/briefing-by-russian-defence-ministry-is-that-a-kinzhal-flying/Foreign Minister Sergey Lavrov’s interview with RT, Moscow, March 18, 2022 (comprehensive)http://thesaker.is/foreign-minister-sergey-lavrovs-interview-with-rt-moscow-march-18-2022/TGilbert Doctorow — International relations, Russian affairsThe Coming Partition of UkraineGilbert...

For weeks, we've detailed how Russia's invasion of Ukraine has sparked one of the most significant commodity shocks the world has ever experienced. It even supersedes changes to commodity markets in the 1970s and involves every commodity from grain to fertilizer to crude to metals. In a series of charts (provided by Bloomberg), we will show just how the Ukrainian conflict and Western sanctions on Russia are choking the world's supply of natural resources, driving up prices.…The West trying...

Russia ObserverWHAT I GOT WRONG AND WHY (I got it wrong too, for the same reasons. So did many others.)Patrick Armstrong, retired analyst and diplomat (2008) serving in the Canadian Department of National Defence specializing in the USSR/Russia from 1984 and a Counsellor in the Canadian Embassy in Moscow in 1993-1996.https://patrickarmstrong.ca/2022/03/18/what-i-got-wrong-and-why/The Vineyard of the SakerThe new reality in the United...

The deficit is shrinking rapidly and Biden is bragging about this. However, it is resulting in much slower economic growth. That's not good.

The Vineyard of the Saker Day 22 – where do we go from here? Two decisions (apocalyptic)http://thesaker.is/day-22-where-do-we-go-from-here-two-decisions/Movie about the Ukrainehttp://thesaker.is/movie-about-the-ukraine/The SakerReminiscence of the FutureEvidently US-Chinese "Summit"...Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issues.http://smoothiex12.blogspot.com/2022/03/evidently-us-chines-summit.htmlCaitlinJohnstone.comThe Awesome Power Of US...

More important, the press and pols in US and Europe have whipped the public into such a Russia-hating frenzy that it seems impossible for them to back down on sanctions even when the war is over. That means no (for the US) or less (for the EU) Russian oil. This is a problem because as we have explained, oil is not as fungible as you have been led to believe. Diesel and home heating oil require either medium heavy oil like Russia’s, or heavy sour like Iran’s and Venezuela’s. Shale oil and gas...

I’m in on Trump’s new MAGA social media platform (@MattFranko) below a screenshot from there of a Bongino post…. I’d say it’s representative of a general skepticism/distrust over there about Democrat Ukraine policy…

🤔Good Morning ! pic.twitter.com/HIBil55dEn— Rasmussen Reports (@Rasmussen_Poll) March 18, 2022

 I put out a post here the other day which showed that Putin held a very high moral ground, and I said that he did not launder money, amongst other things. I also put out an article by a wealthy Russian who owned the Evening Standard who said that Putin was not a crook. I've watched loads of speeches, news articles, and conferences that Putin has held, and I found him to be very earnest and decent person, with views that seemed similar to my own. I've also found him to be very consistent in...

 Super Imperialism: The Economic Strategy of American Empire with Michael HudsonHere's my favourite! Professor Hudson just published a 3rd edition that updates his analysis for the 21st century, discussing the new cold war on China and Russia and the ongoing transition from a US dollar-dominated financialized system to a "multipolar de-dollarized economy."[embedded content]https://youtu.be/Uiz934HVZjY