Mike Norman Economics

Same old New Keynesian monetarism and reliance on IS-LM model.InsiderNobel prize-winning economist Paul Krugman on inflation, Modern Monetary Theory, and why ...Ben Winck interviews Paul Krugman

I am sick of tired of the divisiveness and negativity.

Bonkers Watch.ZH outdoes itself. States can save the day by 1) taking over federal property and 2) issuing commodity-backed money.Zero HedgeExistential Economic Threats: How US States Can Survive Without Federal MoneyBrandon Smith via Alt-Market.us

WOKE CIA: The vast majority of the American youth are liberal, anti-racist, pro LGBT, for minority rights, and are anti-imperialist. So what's the CIA up to? Abby Martin explains what's behind the cringe ‘Humans of CIA’ recruitment ad promoting themselves as a place of ‘intersectional’ social progress[embedded content](45) The Woke CIA PsyOp - YouTube

 A brilliant article, which captures much of what is wrong with our present economic and political system.The neoliberal/libertarian mantra of individual responsi-bility and self-reliance has tattered social bonds and commu­nal responsibility. It provides an excuse or rationale for the public sector to step back. Social safety has been removed as a legitimate public responsibility (Azmanova 2014: 361). And yet, as Bregman points out, ‘humankind evolved to cooperate’ and this insight can...

Some of this may be going on, but the problem goes back over 40 years. 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

The book has six long chapters debunking the Uyghur/ Xinjiang myth. Why 100,000+ words in this book to talk about China? First, we are living through a historic geopolitical disruption that happens once every century or so — a rising power is poised to surpass an established hegemon as the largest economy in the world. Mainstream media and experts are living in denial, but China’s GDP will be #1 within five years. Second, the inexorable rise of China and a multipolar world will have profound...

 BRI opening up Central Asia through mountains and deserts with Chinese engineering.ECNSXinjiang's Alataw Pass sees robust rise in China-Europe freight train tripsXinjiang's Alataw Pass sees robust rise in China-Europe freight train tripsAerial view of Guozigou Bridge in NW China's XinjiangVideo of highway across sand desert in Xinjiang[embedded content]

Another pilotECNSDigital RMB unveiled at China International Consumer Products Expo in Haikou

Space colonization is largely a capitalist perception management op promoted by the likes of Musk and Bezos to strengthen the narrative that it’s okay to continue the world-raping global capitalist principle of infinite growth on a finite world because we can escape the catastrophic ecological consequences of that paradigm by fleeing to space.“Ecocidal capitalism is fine, we’ll just go to space before it kills us!” is the message we’re all meant to absorb. And too many do. A large obstacle...