Mike Norman Economics

The forbidden word is (American) "empire."Tom DispatchThe Forbidden Word—Is This Country Heading for the Exit?Tom Engelhardt

But according to the inflationista assholes it’s only the US that is experiencing “inflation!” …. Oh ok… why aren’t these assholes over in the EZ with all their effeminate whining?Next week 30 yr German bonds & Japan 10 yr bonds likely go negative yields; Italy negative out to 5 years, France negative out to 10 years; Australia & UK short maturity bonds w/in a hair of going negative; the bond bubble continues to build— Dan Bowman (@DanBowmanAMP) July 31, 2021

And with negative rates and fees to depositors… US headed there too?Good Morning from #Germany where retail deposits have hit an ATH at €2.63tn in Jun although more & more banks charging penalty interest on deposits & although inflation reduces value of money. In July, inflation rose to 3.8%. Means loss of purchasing power of deposits of €100bn pic.twitter.com/NXP1dca8Rm— Holger Zschaepitz (@Schuldensuehner) August 1, 2021

 This guy has designed his own wind generator, along with some help from his subscribers. He says that getting other people to help him greatly improved its design, whereas if someone hangs onto an idea in the hope of getting rich, they may never get to produce it, because they can get stuck and not be able to think out of the box. So his design is open source, and he mentions the areas where he thinks it can be improved, if anyone wants to have a go.The turbine only delivers 270ma, but four...

Skybrators’ generate clean energy without environmental impact of large windfarms, say green pioneersNo more ugly windmills, although I didn't find them unattractive, but this new type is even better. The giant windfarms that line hills and coastlines are not the only way to harness the power of the wind, say green energy pioneers who plan to reinvent wind power by forgoing the need for turbine towers, blades – and even wind.“We are not against traditional windfarms,” says David Yáñez, the...

 Any decent country will spend a fair amount of money on its children's education, and that includes sports. 

Huawei expects the number of devices equipped with HarmonyOS to reach 300 million by the end of 2021, including more than 200 million for Huawei devices. ECNSHuawei's HarmonyOS 2 users exceed 40 millionXinhua

What Andrew Batson apparently overlooks is that unlike Europe in the 1960's under democratic socialism, the Chinese government controls the "commanding heights" of the Chinese economy. According to Lenin, this is a defining characteristic of socialism. Interesting otherwise.Andrew Batson's BlogChina in the 2020s is not France in the 1960sAndrew

The Jesus I was taught about when I was a boy said, "Love thy neighbour, turn the other cheek, and he who has not sinned cast the first stone." This Jesus was gentle. He also cared for the poor and destitute. Mikey Weinstein of the Military Religious Freedom Foundation, says quite possibly as much as a third of the U.S. military have been recruited to extreme Christian Nationalism, including at the highest levels. They were heavily involved in the events of Jan 6th. The full interview will...

Won't work unless the Western governments back their private companies that are supposed to put risk capital into it in order to make a profit. And it won't work for the West either if the West doesn't ties strings to the investment, which will mean it won't work for the target countries.Moreover, the third world is out of the natural reach of the capitalist countries other than as colonies.This is overreach.For China (and Russia) it is an entirely different story. This is their region of...