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Mike Norman Economics

RT — India threatens to jail Facebook, WhatsApp & Twitter staff over refusal to wipe data that ‘undermines national security’ – reports

Indian authorities have reportedly given an ultimatum to US social media platforms, threatening jail time for their local employees if the companies continue to ignore official takedown requests against “damaging” information.Facebook, WhatsApp and Twitter have each received written notices warning their employees could face arrest should the requests be ignored, in some cases citing specific India-based staff by name, the Wall Street Journal reported on Friday, citing “people familiar” with...

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Don’t be slick.

Being "slick," i.e. going around speaking in clichés when it comes to market movements does not make you smart or savvy. 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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The shape of things to come in China — Pepe Escobar

It’s Lianghui (“Two Sessions”) time – the annual ritual of the Beijing leadership. The stars of the show are the top political advisory body, the Chinese People’s Political Consultative Conference; and the traditional delivery of a work report by the Prime Minister to the top legislature, the National People’s Congress (NPC).The review of the draft outline of China’s 14th Five-Year Plan will proceed all the way to March 15. But in the current juncture, this is not only about 2025 (remember...

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C K Voltair – Yellow Peril, Sinophobia and Red Scare – USA is on a Dangerous Path

Anyone who's remotely pro-China on social media is vilified as a Chinese bot or a "Wumao" - a person who supposedly works for 50 cents/hour to spread Chinese propaganda. Let's take a look at some illogical American talking points used in the smear campaign against China:"China is going to collapse soon!"If Americans really believed this, they would sit back, smile and ignore China."China is going to take over the world!"This paranoid warning usually follows the delusional, "China will...

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“Blue wave!” wipeout

Entire “blue wave!” rally in “Big Tech!” (QQQ)  completely destroyed as of yesterday... ZERO gains in 6 or 7 months.... and morons are STILL going all around saying “bubble!” and “inflation!”...  same place ... IT.... ALREADY.... WAS...... on Labor Day.... hard to understand these people...

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Biden could be stripped of war powers as senators look to rein him in after Syria airstrike – as they claim president’s ability to launch military attacks leaves the US on a ‘permanent war footing’

 Joe Biden could be stripped of war powers after a bipartisan bill was introduced by senators on Wednesday Senators Tim Kaine and Todd Young are calling for the repeal of 1991 and 2002 Authorizations for the Use of Military Force The authorizations allow for the use of military force by a US president that have been used to justify years of attacks in the Middle East Kaine says they leave the country on a 'permanent war footing'It comes as Biden is accused of using the authorizations to...

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RYO Nakamura – US to build anti-China missile network along first island chain

Exclusive: Indo-Pacific Command requests to double spending in fiscal 2022Billions of dollars for new missiles to encircle China. For Washington elites, military is the only option to bully and contain China’s rise. There are no plans for fixing the US economy.What happened to good ol' capitalism and competition, which the US says it champions?WASHINGTON -- The U.S. will bolster its conventional deterrence against China, establishing a network of precision-strike missiles along the so-called...

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BRICS — Russia Triples Gas Supplies to China Via Power of Siberia Pipeline

Russia’s energy major Gazprom said on Monday that it had pumped more gas to China in February via the Power of Siberia pipeline than it had initially planned, more than tripling supplies compared to the same month last year. “The export of gas to China through the Power of Siberia gas pipeline continues to grow. Supplies regularly exceed our daily contractual obligations. The actual monthly volume of supplies in February is 3.2 times more than in February 2020,” Gazprom said in a statement....

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My only regret right now.

My only regret right now is not having unlimited capital to deploy. 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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