Mike Norman Economics

Dontesk New Service (Ukies attack Donbass. Too much happening too fast to post individual links. Check it out here.)https://dan-news.info/en/VZGLYAD (In Russian. Use Translate.)In the LPR and DPR announced the evacuation of civilians to Russiahttps://vz.ru/news/2022/2/18/1144395.htmlSputnik International (Russian state-sponsored media)Why US, NATO Cast Doubt on Russia's Military Drawdown & Turn Blind Eye to Donbass DebacleEkaterina...

 Scott Richardson is an American Christian Missionary in China. He talks about the social credit system and how the CPC considers good behaviour, as well as peace and harmony, to be more important than freedom, and this is because of China's troubled history and its terrible famines. He says how Western people have no idea of how terrible these famines were. They do paint the Social Credit System to bit severe, and I've read many times that it's nothing like this. Anyway, it's a very...

 US frontrunning the "news"? Expect false flag to force Russia's hand?AxiosU.S. says Putin is putting Ukraine invasion plan in motionDave Lawler

SouthFront (complete with alleged fake news of pro-Russian DPR forces on a kindergarten)BREAKING: Decisive Night For Eastern Ukraine (Videos, Photos)https://southfront.org/breaking-decisive-night-for-eastern-ukraine-videos-photos/Reminiscence of the Future (harsh)The Desperation Sets In.http://smoothiex12.blogspot.com/2022/02/the-desperation-sets-in.html[US] Hypersonic Mambo-Jumbohttp://smoothiex12.blogspot.com/2022/02/hypersonic-mambo-jumbo.htmlAndrei Martyanov, former USSR naval officer...

Underlying the inflammatory and hyperbolic war rhetoric things are actually really bullish. But steel nerves are definitely required.

 I only like British eccentric pop music, although I did get into the Magnetic Fields, an American band who are very heavily influenced by British pop bands, like the Human League, so back to English pop again. Anyway, I always loved There She Goes by the La's, a 1980s band from Liverpool, so I bought the debut album, and boy, did I hate it first of all, it was all R&B and rough, like the early Rolling Stones, the sort of thing I absolutely hate.. Not wanting to waste my money, though, I...

In this interview granted to the website www.les-crises.fr, Roland Dumas, who was French Minister of Foreign Affairs during the crucial period 1989-1991, explains the negotiations with the USSR and confirms the verbal promise made by him and the other leaders at the time not to expand NATO to the East in the future.YouTubeHow the West promised the USSR that NATO would not expand eastward (27 min)https://youtu.be/ddg8APRm1ZA

Philip Pilkington criticizes David P. Goldman's recent post, linked to previously here at MNE. Pilkington is an MMT-savvy economist. In his view, Goldman as the causality wrong, which one will recognize as a typical MMT correction of conventional economics.MacrocosmPPP Now Determines RMB-USD: And if this trend holds it could threaten the USD's reserve currency statusPhilip Pilkingtonhttps://macrocosm.substack.com/p/ppp-now-determines-rmb-usd?utm_source=url

While David Stockman's economics is way out of paradigm with MMT, his geopolitics is much more realistic. His researched view on the Ukraine-Russia crisis is worth taking into consideration.Zero HedgeStockman: "We're Not Useful Idiots!"https://www.zerohedge.com/markets/stockman-were-not-useful-idiots

Three scenarios are proposed: 1) Russia invades Ukraine as the US and UK charge. (Unlikely) 2) Ukraine invades Donbass using the pretext of a false flag and Russia is drawn in. US and UK charge Russian aggression. (Likely) 3) No invasion. (Maybe)1 and 2 result in Cold War with The West against Russia and China. This is apparently the US/UK objective.That seems to cover it, albeit with some nuances possible.My take. The US and UK would not be hyping this to such a high level for nothing to...