Mike Norman Economics

Is the US doing with neo-Nazism in Ukraine what it did with Islamic militancy in Afghanistan and other Middle Eastern countries?This is a good historical backgrounder. It is painted with a very broad brush, of necessity owing to the constraint of a blog post. So while some may quibble with some of the assertions, overall it paints an accurate picture in my estimation, not being a historian but someone familiar with the history. In fact, in my view, it is worse in some ways than Pepe paints...

NewsweekWatch: Madeleine Albright Saying [500,000] Iraqi Kids' Deaths 'Worth It' ResurfacesJon JacksonA Son of the New American RevolutionDreizin Report–Poland prepares to intervene, Ukraine slides into dictatorship, GOP loses it over the war, Battle of the Fakes, & Other Pearls and NuggetsLarry 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...

I have been taking it easy for the past week, courtesy of dealing with a mild COVID-19 case. (It largely felt like a cold. However, some symptoms persist, and so I prefer to rest and let them clear.) During my down time, the Treasury market (along with other govvie markets) have been crushed. Fed policymakers have signalled that they want to ramp up the pace of hikes — which surprised me....Bond EconomicsFed Flattens The CurveBrian Romanchuk

What many don't see to realize, although the president and Pentagon seem to, is that Russia views the US/NATO as an existential threat, and Russian nuclear doctrine is to use nuclear weapons to counter an existential threat, all the way to MAD. Given the infowar and psyops involved, which have amped emotion over fact, nuclear winter is closer now that it's ever been, especially given the potential for accident or miscalculation. Even if you don't read Caitlin as a rule, this is an important...

AntiWarWill Humans Be the Next ‘Freedom Fries’Ray McGovern, co-founder of Veteran Intelligence Professionals for Sanity, and retired 27-year career CIA whose tasks included preparing and briefing The President’s Daily Brief and leading the Soviet Foreign Policy Branch^https://raymcgovern.com/2022/03/23/will-humans-be-the-next-freedom-fries/Moon of AlabamaMore Sanctions On Russia Will Destroy...

I was going to comment on the Spring Statement delivered by the British Chancellor yesterday, but Spring is meant to be a happy, sunny time and the Statement missed the mark on that score. I also need to do some more calculations before I really know the full depth of despair that the British government is delivering on its people. So next week. Maybe. But in the spirit of calculation, I wanted to check how easy it is to get a job in Australia at present after hearing some character on the...

Looks like US oil production is stalled (Mike reporting EIA number at 11.6M for 7 weeks) until the firms and more importantly banks can get some guarantees ….Dimon coming up with a figurative “Marshall Plan” as a carve out against Democrat ESG (Extremely Stupid Girls) policies is pretty savvy.. Its an effective test for Biden people... iow if Biden people don’t go for this "Marshall Plan" thing then you know they are bull shitting and you don’t do it…Our #EFT man @SullyCNBC reporting this...

Fed can't go more than 2.5% on rates or it will have no money left to transfer to the Treasury which it must do

Dances with BearsSIMPLETON’S PRIMER ON THE LONG WAR THE US AIMS TO WAGE AGAINST RUSSIAJohn Helmerhttp://johnhelmer.net/simpletons-primer-on-the-long-war-the-us-aims-to-wage-against-russia/Oriental Review (sanctioned by the US Treasury Department)The Top Five Geostrategic Trends Of Biden’s “New World Order”https://orientalreview.org/2022/03/23/the-top-five-geostrategic-trends-of-bidens-new-world-order/Andrew KorybkoWhat Is Blocking A Peace-Agreement Between Putin & ZelenskyEric...

Here is my Wednesday news blog post which ends as usual with some music – today some consummate guitar playing. Today, I discuss the dispute about M4A in the US and clear up some misconceptions. Many think that Medicare for All is defunct in the US because the ruling party – the Democrats have essentially rejected the lobbying attempts. Some people who have associated themselves with Modern Monetary Theory have, it seems, been advocating a state-based campaign to get single-payer schemes...