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Mike Norman Economics

Michael Hudson — The Fed’s Austerity Program to Reduce Wages

To Wall Street and its backers, the solution to any price inflation is to reduce wages and public social spending. The orthodox way to do this is to push the economy into recession in order to reduce hiring. Rising unemployment will oblige labor to compete for jobs that pay less and less as the economy slows.This class-war doctrine is the prime directive of neoliberal economics.…Michael Hudson — On Finance, Real Estate And The Powers Of NeoliberalismMichael Hudson: The Fed’s Austerity...

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Links — 19 June 2022 Part 2

CaitlinJohnstone.comThe Guardian Churns Out Embarrassingly Awful Empire PropagandaCaitlin Johnstone https://caitlinjohnstone.com/2022/06/19/the-guardian-churns-out-embarrassingly-awful-empire-propaganda/Zero HedgeUkraine Says "Prepare For The Worst" In Donbas; Kharkiv Will Likely Be Next "Frontline City"https://www.zerohedge.com/geopolitical/ukraine-says-prepare-worst-donbas-kharkiv-will-likely-be-next-frontline-cityWestern Populations Must Do More For Ukraine Even If "Costs Of Food &...

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Links — 19 June 2022 Part 1

India PunchlineWest at inflection point in Ukraine warMK. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassador. https://www.indianpunchline.com/west-at-inflection-point-in-ukraine-war/The Vineyard of the SakerSitrep Operation Z: 💥 Theme Kalibr Kaboom!The Saker Staffhttp://thesaker.is/sitrep-operation-z-%f0%9f%92%a5-theme-kalibr-kaboom/The American ConservativeWhen The Lies Come HomeCol. (ret.) Douglas...

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IMPORTANT—A Message for Americans — Gonzalo Lira (video 13.41)

[embedded content]IMPORTANT—A Message for AmericansGonzalo Lirahttps://youtu.be/ZQB7uWuWpBwSee alsoA Son of the New American RevolutionLithuania May Have Lit the Fuse on World War IIILarry C. Johnson | CEO and co-founder of BERG Associates, LLC, an international business-consulting firm with expertise combating terrorism and investigating money laundering, formerly Deputy Director in the U.S. State Department’s Office of Counter Terrorism (1989-1993, and CIA operations...

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Links — 14 June 2022 Part 2

Reminiscence of the FuturePyotr Akopov Raises (Correctly) The Issue.Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issueshttp://smoothiex12.blogspot.com/2022/06/pyotr-akopov-raises-correctly-issue.htmlNaked CapitalismSWIFT Dollar DeclineAnis Chowdhury, Adjunct Professor at Western Sydney University and University of New South Wales (Australia), who held senior United Nations positions in New York and Bangkok and Jomo Kwame Sundaram, a former economics...

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Links — 18 June 2022 Part 1

1945Joe Biden’s Blank Check Strategy Won’t Help Ukraine Beat RussiaLt. Col. Daniel L. Davis (USA ret.), Senior Fellow and Military Expert for Defense Prioritieshttps://www.19fortyfive.com/2022/06/joe-bidens-blank-check-strategy-wont-help-ukraine-beat-russia/Moon of AlabamaUkraine - The West's Response As It Meets With Realityhttps://www.moonofalabama.org/2022/06/ukraine-the-wests-response-as-it-meets-with-reality.htmlA Son of the New American RevolutionLithuania May Have Lit the Fuse on...

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Michael Hudson — Economic Rent and Exploitation

Transcript of interview.Michael Hudson — On Finance, Real Estate And The Powers Of NeoliberalismEconomic Rent and ExploitationMichael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Guest Professor at Peking University

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I don’t believe….. That gasoline’s in short supply The rising cost of getting by…

Oldie from Don Williams who influenced a lot of great rock artists from the ‘70s … same deal back then… when you look up “porkchop sideburns” in the dictionary this guys picture is there… either his or Tony Joe White… great song great lyrics..,[embedded content]I don't believe in superstars Organic food and foreign cars I don't believe the price of gold The certainty of growing old That right is right and left is wrong That north and south can't get along That east is east and west is...

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