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Mike Norman Economics

China branch of Better Cotton Initiative trade body says it has not found forced labor in Xinjiang

 SHANGHAI, March 26 (Reuters) - The China branch of the cotton trade body Better Cotton Initiative said on Friday it has not found forced labour related to cotton production in Xinjiang.The branch added that it will continue communication with its Chinese partners in Xinjiang. (Reporting by Josh Horwitz; Editing by Toby Chopra)China branch of Better Cotton Initiative trade body says it has not found forced labor in XinjiangYahoo NewsChina branch of Better Cotton Initiative trade body says it...

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Another round of stimulus checks go out. Correction likely over.

More stimulus checks went out. Bullish sentiment is high, but may not be reflecting on the market. 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

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Links — 25 March 2021

Zero HedgeIran Fires Missile At Israeli Ship In Arabian Sea: ReportTyler DurdenRTTaiwan says it’s now making long-range missile capable of striking ChinaMedia blame Iran as missile hits Israeli-owned ship in Arabian SeaOilpriceMost Hydrogen Is A “Climate Killer”: Enel ExecutiveCharles KennedyChina Overtakes U.S. As World’s Largest RefinerFelicity BradstockPeople’s Bank of China Goes All-In On Clean EnergyJulianne Geiger Strategic Culture Foundation  (hemorrhaging soft power)America Against...

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Thus Confirming Everything I Thought about Both The Independent Institute and Judy Shelton — Menzie Chinn

Wowsers. Full-on Murray Rothbard. Private money.EconbrowserThus Confirming Everything I Thought about Both The Independent Institute and Judy SheltonMenzie Chinn | Professor of Public Affairs and Economics, Robert M. La Follette School of Public Affairs, University of Wisconsin–Madison, co-editor of the Journal of International Money and Finance, and a Research Associate of the National Bureau of Economic Research International Finance and Macroeconomics

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Zero Hedge — Why Corporations Are Terrified Of China: Nike, H&M Tumble After Boycott Begins Over Xinjiang Criticism

As it emerged that China is serious in following through on its threats of boycotting western clothing makers, shares of China's Anta Sports Products and Li Ning surged, while shares in Adidas, Inditex and H&M fell when European markets opened on Thursday: Burberry shares fell as much as 6.3%, Adidas was down as much as 6%, Inditex slipped as much as 1.9%; Nike was down 4% in premarket trading.Zero HedgeWhy Corporations Are Terrified Of China: Nike, H&M Tumble After Boycott Begins...

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Bill Mitchell — Corporate welfare booming in Europe despite the deep crisis being endured by the citizens

The European Union officials seem to be ‘playing violins while the nations burn’, given Covid-19 is running out of control still (another wave coming) and new variants are outpacing the vaccine rollout (which wouldn’t be hard given how slow it has been). New extended lockdowns are coming, mass insolvencies are coming (once the relaxation of rules occurs), unemployment remains at obscene levels, and the whole show is lurching into stagnation, of the type only the EU elites can create. But...

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Book Review: Agent-Based Models In Economics: A Toolkit — Brian Romanchuk

The book Agent-Based Models in Economics: A Toolkit (Amazon affiliate link) is a collection of articles edited by by Domenico Delli Gatti, Giorgio Fagiolo, Mauro Gallegati, Matteo Richiardi, and Alberto Russo. (I will refer to them as "the editors" in this article...) I picked up this book as it appears aimed at my new interest in agent-based models....Bond EconomicsBook Review: Agent-Based Models In Economics: A ToolkitBrian RomanchukSee also at Brian'sI have put up a non-paywalled draft...

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