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Mike Norman Economics

How modern bombings look: The bombing of Belgrade in 1999 — Branko Milanovic

 While NATO expansion under Bill Clinton can be identified as the initial causal factor in a constellation of causes that has led to the present situation, the US attack on Belgrade and subsequent partition of the former state of Yugoslavia, also ordered by Bill Clinton, was a key turning point in the causal chain. It woke up the bear and alerted Russia and Russians to the danger of the US empire and the extent to which the US and their NATO allies go to impose their will using the pretext...

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China’s SWIFT alternative may undercut US sanctions — David P. Goldman

China’s Cross-Border International Payments System could give Russia a lifeline and accelerate de-dollarization…We can assume that Russia has gamed all this out already and is confident it can weather Western economic and cyber warfare. This post doesn't say anything new, but adds an influential voice saying it.Asia TimesChina’s SWIFT alternative may undercut US sanctionsDavid P. Goldman

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Economists Stephanie Kelton and Rohan Grey take Jon Stewart down a Modern Monetary Theory rabbit hole

[embedded content]YouTubeThe Problem With Jon Stewart363K subscribersListen to the full episode:https://theproblem.link/KeltonGreyEconomists Stephanie Kelton and Rohan Grey take Jon down a Modern Monetary Theory rabbit hole, where they learn that the Fed could actually do a lot more than it is.The Problem With Jon Stewart is now streaming on Apple TV+ https://theproblem.link/AppleTVListen to The Problem With Jon Stewart podcast on Apple Podcasts, where...

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Links — 24 Feb 2022

President of the Russian Federation (a detailed indictment of the US)Address by the President of the Russian Federation – February 24, 2022http://thesaker.is/address-by-the-president-of-the-russian-federation-february-24-2022/Moon of Alabama (sitrep)Disarming Ukraine - Day 1https://www.moonofalabama.org/2022/02/disarming-ukraine-day-1.htmlThe Vineyard of the SakerFrom the Black Sea to the East Med, do not poke The Russian BearPepe...

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Zero Hedge — Biden Presented With ‘Menu’ Of Options For ‘Massive Cyberattacks Against Russia’

Of course, "Anything we can do to them, they can do to us," said one anon official, who says that decisionmakers anticipate that Russia will retaliate - 'likely with Colonial Pipeline-style attacks that seek to hurt American consumers' ….Zero HedgeBiden Presented With 'Menu' Of Options For 'Massive Cyberattacks Against Russia'Tyler Durdenhttps://www.zerohedge.com/geopolitical/biden-presented-menu-options-massive-cyberattacks-against-russiaSee alsoMaybe, but since such cyberattacks are...

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PROFESSOR JOHN MEARSHEIMER: THE SITUATION IN RUSSIA AND UKRAINE | KING’S POLITICS

Professor John J. Mearsheimer is the R. Wendell Harrison Distinguished Service Professor of Political Science at the University of Chicago, where he has taught since 1982. He graduated from West Point in 1970 and then served five years as an officer in the U.S. Air Force. He has published six immensely influential books on international relations theory. In 2020, he won the James Madison Award, which is given once every three years by the American Political Science Association to “an...

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