Mike Norman Economics

There are lots of people who would lose their well paid jobs if peace were ever to break out. Posh houses, fancy cars, the best restaurants, status: these people would sooner risk WW3 than lose any of those things. The above was a tweet of mine that Oliver Stone liked. Confrontation with Russia has become the sole reason for NATO’s existence, and this encourages instability in Europe, creating artificial dividing lines on the continent. That's according to Russian foreign minister Sergey...

Comparison of today's resistance with the countercultural revolution and anti-war protests of the Sixties. Those began in 1964 with the Free Speech Movement at the University of California, Berkeley. They lasted over a decade, and included the civil rights movement as well.  On this analogy we are at the beginning of a decade long resistance that could transform the country in many ways. However, the resistance of the Sixties did not result in systemic change, and Ronald Reagan was...

Powell is frozen in the central banker mindset, which is a backward understanding of rate adjustments and inflation. If low rates worked to bring inflation higher, Japan would be experiencing hyperinflation by now. 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

Powell is frozen in the central banker mindset, which is a backward understanding of rate adjustments and inflation. If low rates worked to bring inflation higher, Japan would be experiencing hyperinflation by now. 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

A good interview. Col. Lawrence Wilkerson, former chief of staff to Colin Powell, discusses the connections between the global US empire and the record US death toll during the coronavirus pandemic. "We're really not doing anything very well or right, and that's a consequence in part at least of our fascination with an attempt to maintain and even expand this empire that we've created since 1945," Wilkerson says. He also discusses the breakdown of US-Russia talks on expanding a key nuclear...

Imitate and innovate. Nothing about the export market but that is sure to follow, since chinese manufacturing is highly competitive with respect to both price and quality.SouthfrontNew Models Of Small Arms Of Chinese Special Forces

Automobiles with Chinese characteristics — functional and  low price point. They will likely never be seen in the US. The down market in the US is used.JalopnikGM Sells 15,000 Low-Cost EVs For China In First 20 Days Raphael OrloveSee alsoA Chinese company ventures where GM is so far reluctant to go. The vehicle built to US standards are far more expensive than the models built for China.OilpriceChina Looks To Dive Into The American EV MarketSafehaven.com

The bipartisan Military-Industrial Complex in action.Exclusive: Victoria Nuland and Robert Kagan have a great mom-and-pop business going. From the State Department, she generates wars and from op-ed pages he demands Congress buy more weapons. There’s a pay-off, too, as grateful military contractors kick in money to think tanks where other Kagans work, writes Robert Parry. By Robert Parry Neoconservative pundit Robert Kagan and his wife, Assistant Secretary of State Victoria Nuland, run a...

We have seen how China is meticulously planning all its crucial geopolitical and geoeconomic moves all the way to 2030 and beyond.What you are about to read next comes from a series of private, multilateral discussions among intel analysts, and may helpfully sketch the big picture.… The Unz ReviewDefinitive Eurasian alliance is closer than you think Pepe Escobar

ROFLMAO!The VergeWalmart Says It’s Partnering With Microsoft on a TikTok Deal Tom Warren