Mike Norman Economics

 China’s central bank has partnered with SWIFT, the European-based global system for financial messaging and cross-border payments, to set up a joint venture — a move that observers say shows China’s ambitions to take the digital version of its currency, the yuan, global.Some analysts VOA spoke to add that the development may further trigger a “hot” war between the official digital currency, often called the renminbi, and the U.S. dollar, although many agree that China’s currency still has a...

 There were times when it ended up like this on Twitter. I now just mute people when I see where it's heading. Three tweets and then the mute button. I once fought the climate change deniers for two weeks, and that's when I discovered how the conspiracy theory mind works, which forced me to rethink my own conspiracy theories. The deniers would get personal and be insulting. I was surprised at how low they would go.Another bad time is when I agreed with a science article about overpopulation....

Eat too your heart's content, unless they change their minds again. Mmmm, cheese – a food as nutritious as it is delicious. Or is it?On the one hand, cheese is an excellent source of minerals like calcium and magnesium, vitamins A, B2 and B12, not to mention being a complete protein.On the other hand, cheese is also a significant source of saturated fat and sodium in our diets. To lower saturated fat intake, consuming reduced-fat cheese is sometimes recommended to lower cardiovascular...

Good summary of the loanable funds theory and why it is wrong.Lars P. Syll’s BlogMMT basicsLars P. Syll | Professor, Malmo University

I've become maxed out on politics because I have been very active on twitter for six months fighting Western propaganda and xenophobia. I think I did quite well and I picked up loads of followers, but I needed a rest, so I started up a new twitter account for science, art, film, music, metaphysics, spirituality and no politics. You probably don't share my interests, but I think that occasionally something different on MNEs looks quite good and gives variety. Jean-Luc Godard was a French film...

There is no amount of economic weakness that cannot be cured with a sufficient amount of fiscal support, provided the real assets are there. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman

Only by remembering complex, uncomfortable aspects of Britain and Ireland’s shared history can we forge a better futureThe GuardianEmpire shaped Ireland's past. A century after partition, it still shapes our presentMichael D Higgins | President of IrelandSee also by President Higgins at the GuardianIrish president attacks 'feigned amnesia' over British imperialism

Warning!Strategic Culture FoundationNATO’s Road To Perdition With UkraineEditorialThe Strategic Culture Foundation is alleged by the US to be an organ of the Russian state."GEC Special Report: Russia's Pillars of Disinformation and Propaganda" (PDF). United States Department of State. August 4, 2020.See alsoMoon of AlabamaEU - Russia Conflict DeepensSee alsoSputnik InternationalMoscow Ready to Break Ties With EU if Bloc Puts Russian Economy at Risk, Foreign Minister SaysSee alsoTASSLavrov...

Neoliberalism 2.0.In their Reset primer, Klaus Schwab and Thierry Malleret consider what the post–Covid world might look like at various levels of civilization. While the authors frequently inject their vague and utopian hopes and wishes for the post-pandemic world, they acknowledge the possibility that humanity could be headed for a dystopian nightmare. But they consider this bleak scenario only briefly, in all likelihood because it is inconvenient to their case. What specifically do the...

Happy (Lunar) New Year!Short video, featuring the Panchen Lama speaking English.ECNS11th Panchen Lama extends wishes for Chinese Lunar New Year, Tibetan New YearChina embraces Year of the Ox as absolute poverty eliminated, epidemic under controlSpring Festival gets high-tech boost at Shanghai Disney ResortXi extends Spring Festival greetings to all Chinese