Mike Norman Economics

 This has happened to me, I've demolished someone on twitter, which easy to do with science deniers, only to wake up at 3am and feel that I was far too horrible and mean, but when I look at my tweets after I have gotten up, I find that I was actually quite reasonable and polite. But I've had it happen in other situations too. When I wake at 3am or so, I’m prone to picking on myself. And I know I’m not the only one who does this. A friend of mine calls 3am thoughts “barbed-wire thinking”,...

 Politico purchase by German firm Alex Springer.CaitlinJohnstone.comRefreshingly Honest Billionaire Says Media Purchase Will Be Used For PropagandaCaitlin Johnstone

A lack of charging points and the prevalence of slow charging options have left some reluctant to make the shift. In fact, Allegra Stratton, spokesperson for the COP26 climate summit, made headlines when she stated, “I don’t fancy it just yet,” in reference to swapping her aging diesel Volkswagen Golf for an EV alternative. She justified the statement by saying that she has elderly relatives that live “200, 250 miles away”, and the need to stop and charge would take too much time,...

 I can listen to Michael Hudson for hours, and here he presents some complex issues in a very clear, interesting, and entertaining way that holds your attention. Michael Hudson says that America's economy is more centrally planned than China's, but unlike China, the central planning is terrible. Their plan is to deindustrialise and then financialise the economy. Their aim is rent extraction, that is, to obtain a free lunch. The American elite have corrupted the Washington, but in China the...

Global energy prices are likely to keep rising without a major boost in clean energy investment, warns the IEA.The energy crisis has led to a sharp rebound in coal and oil usage, putting the world on course for the second-largest annual increase in carbon emissions in history this year.The IEA believes current climate pledges are too modest.OilpriceIEA Director: Energy Prices Will Continue To Rise Without Greater Investment In Clean Energy ProductionCity A. M.

Neil explains how banking works.New WaylandThe Coin's Deposit Problem NeilW

Remember when the US outspent the USSR and this was puportedly the cause of the collapse of the USSR? As they, what goes around comes around, i.e., karma is a bitch.Lockheed Martin's hypersonic AGM-183A ARRW ("Arrow") underwent an initial flight test in June 2019. On 27 May 2021, the defence contractor "successfully conducted a significant live fire hypersonic strike system test" of a Common Hypersonic Glide Body (CHGB). Several months later, on 4 October 2021, Lockheed Martin opened a...

Crypto miners lured by cheap energy and a democratic court system with the power to protect property rightsWinning what, exactly? Anyone know the contribution to GDP from the bitcoin "industry"?Asia TimesUS wins big as China wipes out bitcoin industry

 People who receive two COVID-19 jabs and later contract the Delta variant are less likely to infect their close contacts than are unvaccinated people with Delta.Vaccine mandates are unlikely to slow the spread of Delta by all that much, but researchers are looking into whether a third booster shot may be more effective at doing so.The study shows that people who become infected with the Delta variant are less likely to pass the virus to their close contacts if they have already had a...

 What happens when not enough people get vaccinated. The Russians are very scared of vaccines, and will even buy fake vaccination certificates. CBS News reporter Mary Ilyushina takes a look at spiking coronavirus infection rates in Russia. Hospitals are overwhelmed with patients and the death toll is rising. And with low vaccination rates and an increasingly apathetic public, it's unclear when the country's latest COVID-19 wave will end.[embedded content]https://youtu.be/X4aF0RSWokUDW:...