Mike Norman Economics

Dances with Bears ("Lavrov is announcing that Russia today knows the US intention is to go to war; and that Russia is prepared and is already on war footing on all fronts.")IS GENEVA 2022 MUNICH 1938 WITHOUT CHAMBERLAIN’S PIECE OF PAPER? HOW TO READ THE US PAPER FOR PEACE FOR OUR TIMEJohn Helmerhttp://johnhelmer.net/is-geneva-2022-munich-1938-without-chamberlains-piece-of-paper-how-to-read-the-us-paper-for-peace-for-our-time/UnherdWhat the West gets wrong about PutinHarald Malmgren,...

The failure of US-Russia-NATO talks increases the probability of war in Ukraine. This would be highly disruptive to markets.

All ICU beds filled in this vicinity (Southeastern Iowa).AxiosBiden deploying military medical staff to help overwhelmed hospitals Oriana Gonzalezhttps://www.axios.com/biden-military-medical-hospitals-covid-omicron-d7ad948e-d751-4ba9-a8a1-70325c86597f.htmlSee alsoNaked CapitalismMore on the Morbidity Risk of Omicron: “Like a Chess Grandmaster Playing Against Schoolboys”Yves Smith...

😂Inflation in Russia sped up early this year, even after ten months of monetary tightening https://t.co/9OieFNqzTm— Bloomberg Economics (@economics) January 12, 2022

You knew this guy was going to have to change his view…#Zoltan pic.twitter.com/Izos8J7Wit— Randy Woodward (@TheBondFreak) January 12, 2022 This part here:RRP % has to be at or ABOVE any alternative to avoid a catastrophic flow of reserve balances into Depositories…. That’s why access to it had to be expanded in the first place…Fed gets a 👍 (so far)…But he says they are doing it to provide “structural support” (figurative language) to Money Market funds…  they are doing it to avoid creating a...

Only $21b! Biden’s a genius!The U.S. government on Wednesday posted a roughly $21 billion budget deficit for December, the smallest monthly shortfall in nearly two years as the pandemic recovery fueled an increase in personal and corporate income tax receipts.DEFICIT DOOM: US budget MIGHT look better than it was a year ago — but DON'T BE FOOLEDhttps://t.co/wa4BRptxS1— FOX Business (@FoxBusiness) January 12, 2022 (Poor CRFB lady still looks sad though?)

If you are some economic guru, how is this guy's funds doing so bad? Suckers in with him.

My saving equates to someone else’s loss of income and savings.

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Backgrounder.The Vineyard of the SakerAfter Kazakhstan, the color revolution era is overPepe EscobarCrossposted at The Cradlehttp://thesaker.is/after-kazakhstan-the-color-revolution-era-is-over/See alsoThe world is getting a lot more dangerous.Irrussianality (WWIII?)Why Russia Fears NATOPaul Robinson | Professor, Graduate School of Public and International Affairs at the University of Ottawa