Mike Norman Economics

Pushing the "color revolution."Either delusion or hybrid warfare, or both? Whatever, it doesn't appear to be normal behavior.Secretary Blinken asserts, ""It remains striking to me how concerned and maybe even scared the Russian government seems to be of one man, Mr. Navalny." It is striking to others how the US appears to be so afraid of Russia and its leader.Zero HedgeUS Weighing Action Against Russia For Navalny Detention: Secretary Of State BlinkenTyler DurdenSee alsoThe trick for the...

The sudden attention being given to the gyrations of Game Stop stock prices has caused all sorts of hand wringing within the hallowed walls of high finance. In typical fashion the people who like to carry on their trading and associated activities beyond the public gaze are all a twitter because a bunch of apparently crazy outsiders are not adhering to the sedate rules of the game. This produces truly odd results. Normally virulently anti-government voices are suddenly calling for SEC...

According to the Kremlin spokesman, large Internet companies are becoming platforms for echoing calls to hold illegitimate activities, that’s why they are warnedThe fine line between liberty and license, freedom and responsibility, rights and duties, individual and social, personal freedom and the rule of law.It seems that advocating illegal activity, promoting it,  or enabling it may be stepping over the line.TASSKremlin: Internet companies may be penalized for allowing calls for...

China's red line just got drawn redder.This is probably the biggest risk:Earlier this week Reuters observers painted a picture of each side flexing its muscles in a dangerous build-up which itself could trigger inadvertent war, given the number of aerial and naval assets potentially crisscrossing….Zero HedgeChina Tells Taiwan "Independence Means War" As Rival Wargames OngoingTyler Duden

Kiss of death? Maybe he'll be buying tulip bulbs soon too."Crypto" is being hyped not as currency in the sense of a unit of account, a medium of exchange, or a record of debt,  but rather as an asset class in the sense of being a store of value. What could go wrong?Zero Hedge"One Hell Of An Invention": Ray Dalio Reveals Bridgewater May Soon Buy BitcoinTyler Durden

Outfoxed in Syria, which was supposed to be the next domino to fall after Afghanistan, Iraq and Libya, on the way to doing Iran and Russia in preparation to confront China and seal global domination.The Unz ReviewWhy the US Deep State Won’t Forgive Russia and IranPepe EscobarSee alsoSic Semper TyrannisRUSSIAN FEDERATION SITREP 28 JANUARY 2021 by Patrick ArmstrongPatrick Armstrong

 The latest from la-la land.Rep. Greene is a proponent of the Camp Fire laser beam conspiracy theory. She wrote a November 17, 2018, Facebook post -- which is no longer available online -- in which she said that she was speculating “because there are too many coincidences to ignore” regarding the fire, including that then-California Gov. Jerry Brown (D) wanted to build the high-speed rail project and “oddly there are all these people who have said they saw what looked like lasers or blue...

The recent equity market shenanigans has confirmed one of my biases: modern academic finance has been very good at destroying capital. If one were of a conspiratorial bent, one might guess that finance faculties were being secretly backed by the enemies of capitalism. (I have been currently watching a documentary series on secret societies, and such misdirection is not unprecedented.) The simultaneous advocacy of efficient markets as well as the ability of hedge funds to continuously...

With an economic rescue plan that is both ambitious and well targeted, US President Joe Biden and his team have demonstrated a clear understanding of the scale and range of action that the current situation requires. A broader reconstruction plan can and must come later; but crisis management remains the order of the day.... Project SyndicateBiden’s Grand OpeningJames K. Galbraith | Lloyd M. Bentsen Jr. Chair in Government/Business Relations and Professor of Government at the Lyndon B....

With majorities in the House and Senate, Democratic leaders may well use a special legislative process called “reconciliation” to quickly advance high-priority fiscal legislation. Created by the Congressional Budget Act of 1974, reconciliation allows for expedited consideration of certain tax, spending, and debt limit legislation. In the Senate, reconciliation bills aren’t subject to filibuster and the scope of amendments is limited, giving this process real advantages for enacting...