Mike Norman Economics

 Retired Col Lawrence Wilkerson:The Republicans will block the Biden administration from doing anything over the next 4 years, including any environmental green initiatives, then get back in power and carry on where they left off.Republican voters think Trump handled the Covid epidemic well because they only listen to Fox News. No wonder China zooms ahead while America goes nowhere.Podcast A Judicial Coup Unlikely, but Far Right Far From Gone – Larry Wilkerson – Paul Jay.

 This video is different to the other ones I put out about China. The others are either by Westerners who tell you about China, or by the Chinese themselves and everything is in Mandarin. In this video a European guy goes to Wuhan and interviews the residents there. It's very moving. The Chinese are very collective and worked together along with their government to bring the Covid epidemic under control. From Lockdown to Rebirth, What is Wuhan like in November 2020?Raz flew to Wuhan for the...

 Beating the war drums. Bullish for US military-industrial complex equities.Zero HedgeBeijing Vows To "Strike Back" After Pompeo Says Taiwan "Not Part Of China"Tyler Durden

Calm down, I don’t think the GOP committed any election fraud. Instead, I’m going to show that if you were going to look at the data and draw inferences about possible fraud, there’d be all sorts of red flags pointing right at the GOP.…I frequently see election fraud claims based on what the Trumpistas view as “fishy election data”. I cannot emphasize enough that all of these claims are false. Whether it be false claims that lots of people only voted for Biden and not for someone else, or...

 Replacing Hong Kong as "the pearl of the Orient." It was happening anyway regardless of "the troubles." Hong Kong's period of usefulness is winding down as China rises.TASS (Russian state-sponsored media)Sales at Hainan's duty free stores doubled since July 1 reaching $ 1.8 billionSee alsoCGTN (Chinese state-sponsored media)CGTN: Shanghai's Pudong to be pioneer in China's new reform drive

The WeChat owner and gaming boosted net profits 89 percent year-on-year to 38.54bn yuan ($5.8bn) in Q3, the company's financial report revealed....Tencent president Martin Lau Chi-Ping said in the company's earnings call that regulators were seeking fair competition practices and innovation to facilitate "a balance of interest for all stakeholders".“As technology companies become bigger and more important to the economy … more regulations to reflect the new reality are needed. We believe the...

When asked whether there had been concrete verified incidents of US meddling in Russia’s affairs, Peskov said there had been a lot of them. "You remember that back before 2008 <…> the Prosecutor General’s Office had compiled charts of money transfers to various non-governmental organizations from the US. I recall that this was reported to the president, and we actually made most of this data public. These examples are numerous," he said, stressing that this was regarded as interfering...

The facts: China’s top legislative body on October 17 passed the country’s first unified export control law. The adoption by the National People’s Congress Standing Committee enables the government to control the export of items including dual-use goods as well as military and nuclear products to specific foreign entities. Other goods, technologies and services – and related data such as technical information – will also be subject to controls, unless they were granted by export licenses...

Over the past few decades, the US justice system has gone from effectively punishing white-collar crimes to slapping corporations on the wrist while senior managers avoid accountability. Fortunately, there are relatively simple ways to give resource-strapped prosecutors the tools they need to uphold the law.Crime is essentially rent-seeking. It leads to economic inefficiency (waste) and skews market-based distribution, in addition to being unethical, immoral and illegal, hence, socially...

Using the tools it has today, China can transform its aging population into a vital social and economic force supporting the country’s growth, writes Jonathan Woetzel in China Daily.Also applies to the US unfortunately. Medicare takes care of seniors, but that's often too late for healthy aging since a lot of damage has already been done. M4A would easily pay for itself" in terms of increased efficiency, effectiveness and productivity. (Nominal cost is not an issue for a sovereign currency...