Mike Norman Economics

Sputnik International (Would the US launch WWIII to preserve hegemony?)Biden Says Alternative to Massive Sanctions Against Russia Over Ukraine is 'Third World War'https://sputniknews.com/20220226/biden-says-alternative-to-massive-sanctions-against-russia-over-ukraine-is-third-world-war-1093402284.htmlGilbert Doctorow — International relations, Russian affairsThe Russian Way of WarGilbert...

 While not agreeing with all the finer points of the article, its overall point of realism over idealism in geopolitics is correct. Look at deeds, not words. Words very often are "rational" justification as a veneer over the actual interests driving policy. The relentless expansion of the Anglo-American Empire based on "spreading freedom, democracy, and human rights" when it is actually about global domination is a case in point. This is just what empires do. Always have, ever will.It is a...

They’ve given them 30 days which is not generally being reported…“The U.S. Treasury Department said U.S. banks must sever their correspondent banking ties - which allow banks to make payments between one another and move money around the globe - with Russia's largest lender, Sberbank (http://SBER.MM), and 25 of its subsidiaries within 30 days.”U.S. hits major Russian banks with sanctions over invasion of Ukraine https://t.co/WRf5pilgLc pic.twitter.com/ZTOP76ilz0— Reuters (@Reuters) February...

Bear markets last for years. Bear markets are different from market corrections.

 De-dollarization accelerates. Now India.Zero HedgeIndia Exploring Rupee Payment Mechanism For Trade With RussiaTyler Durden

If the U.S. government’s view is correct, spot prices and the backwardation should both fall as oil and gas continues to flow, easing some of the fear about a recessionary spike in prices.If traders are correct, the disruption of oil and gas supplies (actual or threatened), possibly as a result of a miscalculation about the escalation ladder, will worsen inflation and increase the risk of a recession.But given the contradiction between where prices are trading and the U.S. government’s...

Excerpts from Putin and analysis in terms of conditions on the ground.Gilbert Doctorow — International relations, Russian affairsDay Two of the Russian ‘Military Operation’ in UkraineGilbert Doctorowhttps://gilbertdoctorow.com/2022/02/25/day-two-of-the-russian-military-operation-in-ukraine/

Russia ObserverRUSSIA UKRAINE 1Patrick 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/2022/02/25/russia-ukraine-1/Anti-WarBiden: NO COMMENT re China on UkraineRay McGovern, co-founder of Veteran Intelligence Professionals for Sanity, and retired 27-year career CIA whose tasks included preparing and...

 Reporting on neo-Nazism in Ukraine has been suppressed from the outset, namely, the Maidan massacre. As result, most people exposed chiefly to the conventional narrative are unaware of fundamental issues and causality or reject it as "conspiracy theory."Info BRICSUnderstanding Ukrainian NazismLucas Leiroz, researcher in Social Sciences at the Rural Federal University of Rio de Janeiro; geopolitical consultanthttp://infobrics.org/post/35232/

The liberals hate racism, but they terribly zonophobic. Cent Uyghur says that Putin is a racist.Ukraine Putin had a massive mount of troops on the Ukraine border, which could, if left in place for a very long time, bankrupt Russia.Also, the West kept pouring more arms into the Ukraine, which would make a successful invasion much harder.So, Putin started running out of time.People think that because Russia is a huge country, that once commanded the Soviet Union, it is still a superpower, but...