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Mike Norman Economics

KV – Nice Pics 12

The staircase of the Museum of Czech Cubism in Prague, at the Black Madonna Building, has a curious shape, like a light bulb.Penmon Point Lighthouse, Anglesey, Wales, UKTrwyn Du Lighthouse, also known as Penmon Lighthouse, is a lighthouse between Black Point near Penmon and Ynys Seiriol, or Puffin Island, at the eastern extremity of Anglesey, marking the passage between the two islands.Nuclear Ship, Savannah, Control RoomBridge and engine order Telegraph-aboard RMS Queen MaryBaroque library...

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What if America Delists Chinese Firms? — Shang-Jin Wei

A recent flurry of official measures in both China and the United States suggests that the two governments are not keen on Chinese firms retaining their US stock-market listings. Moreover, the effects of delisting these often fast-growing companies may be easily manageable for both countries....Project SyndicateWhat if America Delists Chinese Firms?Shang-Jin Wei, a former chief economist at the Asian Development Bank, is Professor of Finance and Economics at Columbia Business School and...

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The Basic Income Illusion — NeilW

Basic income is a monetary illusion. Here’s how the trick is done and why it always fails....Why the JG is superior to a BI. Basically, a JG increases productivity, offsetting resource use, whereas a BI does not. It's a matter of contribution to the economy — give and take — versus take only.Neil also makes the important point that rights entail corresponding responsibilities and emphasis on rights alone is a perversion of liberalism.  New WaylandThe Basic Income IllusionNeilW

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The Putin Doctrine? How the Ideas of a 20th Century Thinker Ostracized by the Soviets Help to Shape Russia’s New Foreign Policy — Piotr Dutkiewicz

Analysis of "the Putin doctrine" of international relations based on civilizational framing of multipolarism.Valdai AnalyticsThe Putin Doctrine? How the Ideas of a 20th Century Thinker Ostracized by the Soviets Help to Shape Russia’s New Foreign PolicyPiotr DutkiewiczSee alsoThe Unz ReviewMany Interesting Developments in RussiaThe Saker

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China is still a long way from being a superpower

 Beijing may lack the ambition needed to develop a global military presence that rivals the USChina is an economic power-house, but they may find it to be too much of a burden and too expensive to be a world superpower. When you look at how they are revamping their country, who wouldn't be more tempted to spend the money on themselves and have a nice environment to live, rather than having the world's biggest military many times over. China has not fought a war since it clashed with Vietnam...

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Fiscal flows update. More slowing now evident.

With fiscal flows contniuing to slow risk assets remain vulnerable. 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/

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