Mike Norman Economics

Everyone was predicting disaster when the fed ends QE. Let’s see what happens. They may be in for a big surprise.

Victoria Nuland of all people was forced to admit to this when it was exposed.

YouTube has removed the official version of Oliver Stone's, Ukraine on Fire. It shows you how the CIA supported the Ukrainian Nazis from 1946 onwards. The Ukrainian Nazis were said to be even more brutal than the German ones, if that's possible.It's a shame that people don't get to see this type of material in the MSM. It means that our governments can get away with all sorts of atrocities. You can watch and download the film at...

Reminiscence of the FutureAbout Mariupol.Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issues.http://smoothiex12.blogspot.com/2022/03/about-mariupol.htmlIndia PunchlineZelensky rubbishes Biden’s war on Russiahttps://www.indianpunchline.com/zelensky-rubbishes-bidens-war-on-russia/China’s signposts post-Ukrainehttps://www.indianpunchline.com/chinas-signposts-post-ukraine/M. K. Bhadrakumar | retired diplomat with the Indian Foreign ServiceMoon of...

 You can see why Russia invaded, and why in many ways they had no choice. I hate war, so I'm anti this, but if Putin’s plan goes well, he may have headed off an even greater war. This world makes difficult choices. [embedded content]

It’s Wednesday, and I am flat out today on a range of things including two live events to finish of the edX MOOC we have been running over the last 4 weeks. These sessions go for around 90 minutes each and have given the participants from all over the world a chance to discuss things about Modern Monetary Theory (MMT) and clarify uncertainties etc. It also helps me find out what beguiles those who come into the material for the first time. So it works to benefit both ways. Today, I am sad...

Chinese Foreign Minister Wang Yi on Russia relations, Ukraine, Humanitarian Aid, Taiwan, China-EU relations, China-Central Asia relations, sanctions, differing views of democracy, and European security. China’s Foreign Minister Wang Yi has been busy with statements concerning the Ukraine conflict and China’s position in the extent of its support for Russia. These are important as they affect the geopolitical position in Eurasia, Beijing’s relations with Moscow as an ally, and the continuing...

No one really talking about this… if not for the whole “Russia!” scam this would be the biggest thing being talked about … and it would be interpreted as bearish…. Might help a bit going forward… banks ability to provide credit will be enhanced…Say goodbye to QE, tmw is the last treasury operation pic.twitter.com/drmGbeEDBy— The Vol Plateau (@VolatilityWiz) March 8, 2022

Is driving up the price of oil really a good way of hurting the Russian economy?The policy assumes that Russian oil cannot be sold. Is that really the case? It seems doubtful in that China had no issues evading sanctions on Iran oil, and the oil that the ROW doesn't take will go to China. This frees China from oil imported by sea that can be interdicted by the US Navy.Of course, the US can sanction China secondarily but that has costs for the US, too, since China has already said that it...

Prince Mohammed bin Salman has reaffirmed his country's commitment to the OPEC+ agreement with Russia.The Kingdom has not made a move to bring extra crude onto the market despite the current spike in crude prices.Since 2017, Russia and Saudi Arabia have signed a string of high-profile energy deals that have pulled the Kingdom away from the U.S. sphere of influence....Pow! Take that!OilpriceSaudi Arabia Reaffirms Commitment To Russia Despite War In UkraineSimon WatkinsAlsoRT (Russian...