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Mike Norman Economics

News from neoliberal India under Nardenra Modi

This budget session of Parliament signals a new turn in our national politics. After decades of fighting over personalities or rival ideologies built on religious and caste identities, India is stepping into an era of clear debate on economic policies.We have seen this already, with Prime Minister Narendra Modi making an unabashed and unqualified pitch for the private sector, and Rahul Gandhi responding with not just the charge of crony capitalism, as in ‘hum do, humare do’ but also reading...

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China and SWIFT Partner to Take Digital Currency Global

 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...

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KV – Just Another Day on Twitter

 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....

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Catherine Chan – Why cheese may help control your blood sugar

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...

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Jean-Luc Godard – Pierrot Le Fou

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...

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The "business cycle" is a myth.

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

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Erin go bragh

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

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Slouching toward war with Russia

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...

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