Mike Norman Economics

My only criticism is that Frank Li should have used MICIMATT (Military-Industrial-Congressional-Intelligence-Media-Academia-Think-Tank complex) instead of MIC (h/t Ray McGovern for the longer acronym). The MIC has become a many-headed Hydra.This not about national defense. It is quasi-religious war to spread the ideology of liberalism in a way that is eerily similar to the way that previous religious wars were tied to empire, in the course of which war is not only normalized but made...

Food for thought as we enter the digital age.It is difficult escaping cognitive-affective bias, perhaps impossible, but we should realize what we are facing with the development of algorithms.BruegelWe need more bias in artificial intelligenceMario Mariniello

I don’t have time today for a full review of the Fiscal Monitor publication.But suffice to say, the tone coming out of the IMF has shifted significantly from when it was leading the charge in destroying nations and increasing income and wealth inequalities.Don’t think for one minute, however, that the institution has abandoned mainstream macroeconomic thinking.It hasn’t.But it has opened a sort of schizoid image – talking about, on the one hand, a global innoculation program “paying for...

Super Scary Abandoned CastleTower at Five Corners, Vladimir, Russia Taj Mahal at sunrise Sunrise, Dolomites, Italy San Francisco, City HallCanned MusicCoastline SunsetOat House by river

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JPM stock +5% .... big deal....Commodity prices over last year...Lumber: +265%WTI Crude: +210%Gasoline: +182%Brent Crude +163%Heating Oil: +107%Corn: +84%Copper: +83%Soybeans: +72%Silver: +65%Sugar: +59%Cotton: +54%Platinum: +52%Natural Gas: +43%Palladium: +32%Wheat: +19%Coffee: +13%Gold: +3%— Charlie Bilello (@charliebilello) April 20, 2021

Some people cannot stop hyperventilating about the Fed. And it's all based on ignorance. 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

Winning.Tom DispatchBiden’s Anti-China Ambitions — A Reality CheckDilip Hiro

 Ditch the tea at mealtimes? That won't be easy after a lifetime of enjoying a cuppa after a meal. I bought some nice Red Bush (Roibos) tea the other day, though, which is said not to affect mineral absorption. Anyway, I'm not 65 yet, although not long to go. This is to maintain muscle and bone density. Adults aged 65 and above have been advised to avoid consuming tea with meals, start taking a Vitamin D supplement and eat a more protein-dense diet to stimulate muscle growth.Written by the...

Of course, these media outlets are "Russian-sponsored" according to the US government, so it's probably all "disinformation" as part of Russia "hybrid warfare," right?Reading on, it's really about justifying the 1.5 trillion budget to upgrade the US nuclear capability.Sputnik International (Russian state-sponsored media)STRATCOM Casually Posts Context-Free Tweet About Nuclear War Being Seen as ‘Least Bad Option’See alsoThis post is mostly about the nuclear threat coming from a shift in US...