Mike Norman Economics

"Supply chain uncertainty."Zero HedgeRecord Backlog And Inability To Produce, Pushes Class 8 [Truck] Orders To Lowest November In 26 YearsAlan Adler, FreightWaves

Caitlin Johnstone covers most of the bases here, but she misses a key point — domestic politics. The irrationality of the leadership is compounded by the exigencies of domestic politics, each party perceiving a need to either match or outdo the other on matters of national security, "patriotism" and hewing the line of imposing 18th c. liberalism ("our values") on the world. This is basically ersatz religion, thus the justifying militarism, crusades and endless war, the real motivation of...

Imperialism founded on racism, so there is little to no possibility of the West ending it. It's just not viable politically in the current environment.Brave New EuropeeJason Hickel – The Age of Imperialism is Not Over—But We Can End Ithttps://braveneweurope.com/jason-hickel-the-age-of-imperialism-is-not-over-but-we-can-end-itGive us more money and more resources.Sputnik InternationalSpace Force General Claims China Moves 'Twice the Rate' of US in Space Race, May Overtake It by...

Last Thursday, I said we were just waiting on Congress to pass a continuing resolution to fund the government and the market would shoot higher.

 Blowback.India PunchlineMacron’s revenge for AUKUS betrayalM. K. Bhadrakumar | retired diplomat with the Indian Foreign Servicehttps://www.indianpunchline.com/macrons-revenge-for-aukus-betrayal/See also By MKBThis is a no-brainer, if the US leadership had brains. Lose Afghanistan and fail to take Iraq and Syria, so confront the combined might of Russia and China as nuclear states with hypersonic capabilities against which the US has no defense?Biden-Putin Meeting Is A...

Heads up. Wolf in sheep's clothing?MintPressNewsOTF – The “Independent” Internet Freedom Organization That Makes All Your Favorite Privacy Apps – is Staffed Full of SpiesAlan Macleodhttps://www.mintpressnews.com/the-open-technology-fund-makes-privacy-apps-staffed-spies/279147/

“The planet is heading for environmental destruction: how do we make money out of that?”They believe they have found some of the answers.Capitalism doesn't seek the best solutions but rather the most profitable ones. Solutions that are more effective but less profitable are tabled. That is the nature of the game. Craig Murray BlogConcentration of PowerCraig Murray, formerly British ambassador to Uzbekistan and Rector of the University of Dundee

Proposal for the incoming government of Germany to avoid legally imposed fiscal austerity through creative problem solving.Tax Research UKGovernments cannot borrow in their own currencies, but they can provide places of safe deposit for savers, and it is essential that they doRichard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive...

It is safe to say that, far from being overstated, the Americanization of the NHS is very nearly complete, write Stewart Player and Bob Gill.Wakeup call.CounterpunchUS Empire Seizes UK’s National Health ServiceStewart Player and Bob Gillhttps://consortiumnews.com/2021/12/06/us-empire-seizes-uks-national-health-service/https://consortiumnews.com/2021/12/06/us-empire-seizes-uks-national-health-service/

Last Friday (December 3, 2021), the US Bureau of Labor Statistics (BLS) released their latest labour market data – Employment Situation Summary – November 2021 – which reported a total payroll employment rise of only 210,000 jobs in August and a 0.4 points decline in the official unemployment rate to 4.2 per cent, while participation rose by 0.2 points. This is one of those crazy months when the payroll figure suggests a slowing down while the labour force survey paints a fairly rosy outlook...