Mike Norman Economics

Project-Syndicate recently published the latest Op Ed (April 16, 2021) from former German finance minister and current President of the German Bundestag, Wolfgang Schäuble – Are We Risking a Debt Pandemic?. He is the person who personified the so-called ‘die schwarze null’ (Black Zero) while finance Minister. His conduct as finance minister was an instrumental element in extending the GFC across the Eurozone. He is still influential in European politics and his latest Op Ed makes it clear...

Sharp correction in Bitcoin and other crypto's this morning. Talk of US action against crypto money laundering. Is the hype over? 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 last time there was hostilities in the Ukraine, Alex Krainer gave this warning.There’s some background to my urge to write “Grand Deception”. As a young man I’ve lived through the breakout of war in the former Yugoslavia and I served in the Croatian army during the war. The remarkable thing about the escalation of that conflict was that only days before its full outbreak, most people believed that war would never happen. It seemed unthinkable. I certainly did not think it would...

Suffice to say, the Franco-German-Chinese summit proclaimed loudly and unequivocally that Europe has an entirely different agenda toward China from what Biden and his team would be espousing. That is, plainly put, in external relations, Europe attaches primacy to its post-pandemic economic recovery where China’s cooperation is an imperative need.In essence, the trilateral summit has exposed that the Biden administration’s Indo-Pacific concept aimed at containment of China is not gaining...

In February, the Chinese Public Security Ministry claimed in a report that the number of newborns in the country nosedived by at least 15% in 2020 amid the coronavirus pandemic and growing economic downturn.The People's Bank of China (PBOC) has argued that the country should “fully liberalise and encourage childbirth” in order to increase its labour force, which in turn would help Beijing successfully compete with other countries, including the US and India, economically.In a survey...

 I think I would like to get into photography as art. I don't think these have been photoshoped, apart from the colours being boosted. Photographers always used filters and effects, and with photo editing apps, the scope is much greater and more fun. I will be posting a number of nice pics over the next few days. I've accumulated hundreds of stunning photos. I think it makes a nice change from the politics. Cliff House, San Francisco, 1902Natural Museum, LondonZaanse, Schans,...

 No one on the left believes the US Uyghur propaganda. When you see the people behind it, you can see why. On March 30, several figures from the U.S. government-funded Uyghur Separatist Network demonstrated outside the Chinese Embassy, calling on the U.S. Congress to pass a bill targeting China. But it wasn’t only Uyghur separatists on hand – prominent Muslim figures including Nihad Awad, director of the Council on American-Islamic Relations, joined the demonstration too. “Behind The...

Add some more powder to the keg.Al-Masdar NewsIran’s Supreme Leader calls on military to raise its readiness after nuclear reactor incident

Fun to watch the bond shorts get murdered and Wall Street "fancy" analysts' forecasts get turned upside down. Hate to say it, but told you so. 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 West "concerned" about Navalny. (The headline is misleading. He is on a hunger strike of his own doing. He has been told by prison authorities that he will be force fed if he continues.)Assange, who is being tortured and slowly dying? Not so much.Crocodile tears shed by hypocrites.APNavalny“s doctor: Putin critic “could die at any moment“