Mike Norman Economics

This survey at all time low by a significant margin… the GOP “stagflation!” thesis is absolutely crushing it…  

The Russians are very vaccine sceptic, with only 29% of the population being vaccinated. Social distancing and masks wearing rules tend to be ignored too. Russia is well into its fourth wave of the coronavirus pandemic. But Moscow is unwilling to put the country in lockdown. Add to that low adherence to hygeine rules and Russia recently recorded 1,000 over 24 hours due to Covid – a record. That's despite the country's vaccine Sputnik V being the first to be registered for use in any nation....

Russia shutting back down…PUTIN APPROVES PROPOSED WEEK-LONG WORKPLACE SHUTDOWN IN RUSSIA FROM OCT. 30 DUE TO SURGE OF COVID-19 CASES, DEATHSPUTIN SAYS SOME REGIONS MAY CLOSE DOWN EARLIER— *Walter Bloomberg (@DeItaone) October 20, 2021 What are we going to do if there is such a delta breakthrough here next month as usual?

The oil, gas, and coal production plans of some of the world's biggest oil, gas, and coal producers far exceed the emissions targets set in the Paris Agreement on Climate Change, a UN report has warned.The report by the United Nations Environmental Program found that 15 big fossil fuel producers intended to produce 110 percent more oil, coal, and gas in 2030 than is consistent with the Paris Agreement's scenario for limiting rising temperatures to 1.5 degrees from the pre-industrial era, and...

Looks like we will soon hit and surpass Dow 36,000. Crypto making new highs as more people jump on the bandwagon. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/

Political economist Chris Mouré has a new paper out in the Review of Capital as Power. It’s called ‘Soft-wars’, and it is a fascinating case study of the behavior of big tech. The story starts in 2011, when Microsoft led a $4.5 billion consortium purchase of Nortel and Novel. Later than year, Google responded by buying Motorola for $12.9 billion. The funny thing is that Google then proceeded to sell off what it had just bought. By 2014, almost nothing was left of Google-owned Motorola....

In his address at the 76th Session of the United Nations General Assembly on September 21, 2021, Xi Jinping, President of the People’s Republic of China, declared that the peoples of the world, more than ever before, desire peace, development, equality, and social justice, and they are determined more than ever to attain these hopes through win-win cooperation….New Cold WarXi Jinping proposes Global Development InitiativeCatherine Davies

A project of the multilateral development banking system, the Rockefeller Foundation and the New York Stock Exchange recently created a new asset class that will put, not just the natural world, but the processes underpinning all life, up for sale under the guise of promoting “sustainability.”Hey, it's capitalism. What could go wrong?The conversation needs to be about public and private goods — the tragedy of the commons, with Garrett Hardin facing off with Elinor Ostrom, Hardin arguing for...

 Power and sociopathy.CaitlinJohnstone.comThe Drivers Of Empire Want To Rule As Greek GodsCaitlin Johnstone

Hoarding has a way of spiraling once it takes hold. Rationing on the way?Zero Hedge"People Are Hoarding" - Supermarkets Are The Next Supply Chain Crunch As Food Shortages PersistTyler DurdenSpeaking of spiraling. Arms race and nuclear proliferation threatening?RTIAEA chief says AUKUS deal could spark race for nuclear subs, task force will investigate safeguards & legality