Mike Norman Economics

Nasdaq hits record. Other averages to follow. The flows drive everything and they're still very strong.

Kind of like developing chips. There's a steep learning curve and existing patents.Sixth ToneWill mRNA COVID-19 Vaccines Be China’s Ticket Out of Isolation?Ye Ruolin

Ural Federal University (UrFU) power engineers have developed a new desalination technology. It will significantly reduce the cost of desalination and quadruple the volume of production. The results of the research are published in the journal Case Studies in Thermal Engineering.…SciTechDailySimple New Way to Desalinate Water Using Solar EnergyUral Federal University

Backgrounder.Asia Times‘Forever war’ benefiting Afghans? Follow the moneyPepe Escobar

 This is fascinating! The oligarchs have too much control in the US : They have privatised free speech, banned Trump, cancelled people, and stopped many of us from saying what we want by banning us from their social media (Alex Jones). The CPC saw what was happening and so put a stop to it in China.The investor here says China's population will fall from 1.5B to about 3/4 of a Billion, and the CPC has decided that the best way to cope with this is to nationalise all of the Chinese...

One of the emerging discussions is what will the post-coronavirus world look like both within nations and across nations. There is a growing thread about the worries of increased state authoritarianism as governments have imposed an array of restrictions. There is also an increasing debate about the need for nations to return to enhanced national self-sufficiency to avoid the disruptions in the global supply chain that the pandemic has created. In 1933, John Maynard Keynes gave a very...

With e-cash, any degree of privacy is an option, with any percentage of the system being allowed to operate with cash-like privacy an option, run by any degree of public/private mix. Maintaining physical notes and coins is an option. Public access to reserves combined with peer-to-peer giro payments, regardless of the privacy aspect, makes the payments function of banks redundant. Direct access to reserve accounts makes the savings function of banks and 100% safe treasury securities...

 A really good video! Jeffrey Sachs is so passionate.Jeff Sachs - (Roughly from memory) The US is trying to corner and insult ChinaXingjian, Taiwan, Hong Kong are China's biggest insecurities, but the US keeps interferingTaiwan is a flashpoint for nuclear warGenocide in Xingjian is not true The US is only interfering because China's economy is a successFor 60 years the Democrats have been scared of the Republicans and this has often caused them to move far to the right, and as far as they...

Whatever this week’s Biden review finds, the cause of the pandemic lies in the destruction of animal habitatsThis point is backed by Professor James Wood, of Cambridge University. “I think there is very strong evidence for this being caused by natural spillovers but that argument simply does not suit some political groups. They promote the idea that Covid-19 was caused by a lab leak because such a claim deflects attention from increasing evidence that indicates biodiversity loss,...

 Consciousness is what we can know best and explain least. It is the inner subjective experience of what it feels like to see red or smell garlic or hear Beethoven. Consciousness has intrigued and baffled philosophers. To begin, we must define and describe consciousness. What to include in a complete definition and description of consciousness?[embedded content]