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Mike Norman Economics

Links — 3 May 2022 Part 2

Sputnik International (Russian state-sponsored media)Mark Milley Warns of Growing Potential for 'International Conflict Between Great Powers'https://sputniknews.com/20220503/mark-milley-warns-of-growing-potential-for-international-conflict-between-great-powers-1095241239.htmlRussian Forces Find Torture Chamber Near Kherson, Legless Body in Russian Uniform Rigged to...

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Zero Hedge — Russia Ramps Up Fiscal Spending To Blunt Economic Blowback From Ukraine War

Russian adopts a Keynesian approach. A purpose of the sanctions was to impoverish the Russian people so they would rise up and replace Putin with a Western-friendly government.Zero HedgeRussia Ramps Up Fiscal Spending To Blunt Economic Blowback From Ukraine WarTyler Durdenhttps://www.zerohedge.com/economics/russia-ramps-fiscal-spending-blunt-economic-blowback-ukraine-warAlso from ZH, unrelatedSpeed-Limiters Will Be Equipped In All-New EU Cars Beginning Next...

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Russia Retaliates: Putin Publishes New Sanctions Against The West — Charles Kennedy

Russian President Vladimir Putin has just introduced a package of economic measures intended to retaliate against Western sanctions.The Cabinet of Ministers now has 10 days to determine who will be put on the sanctions list.OilpriceRussia Retaliates: Putin Publishes New Sanctions Against The WestCharles Kennedyhttps://oilprice.com/Geopolitics/International/Russia-Retaliates-Putin-Publishes-New-Sanctions-Against-The-West.html

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Links — 3 May 2022 Part 1

India PunchlineIndia, Germany cogitate on UkraineM. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassadorhttps://www.indianpunchline.com/india-germany-cogitate-on-ukraine/A Son of the New American RevolutionDeception In Operation ZLarry C. Johnson | CEO and co-founder of BERG Associates, LLC, an international business-consulting firm with expertise combating terrorism and investigating money laundering, formerly Deputy Director in the U.S. State Department’s...

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Top Gun In Real War — Andrei Martyanov (video, no transcript 24.29)

[embedded content]Top Gun In Real WarAndrei Martyanov, former USSR naval officer and expert on Russian military and naval issues. Martyanov was born in Baku, USSR in 1963. He graduated from the Kirov Naval Red Banner Academy and served as an officer on the ships and staff position of Soviet Coast Guard through 1990. He took part in the events in the Caucasus which led to the collapse of the Soviet Union. In mid-1990s he moved to the United States where he currently works as Laboratory...

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US gov’t PAID BACK $120 trillion last year alone!

Don't let anyone tell you the gov't will never be able to pay back the measly $30T of debt. Last year alone, $120T was paid back. I show you tables from the Treasury to prove it. Get my Understanding the Daily Treasury Statement course. Learn how to calculate fiscal flows, deficits and more every day. https://www.pitbulleconomics.com/daily-treasury-statement/

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Bill Mitchell — Back to school for me …

For the foreseeable future I am spending the time I would normally use to write a blog post each Tuesday, studying the Japanese language. I will be taking up a position to work in Kyoto from October this year for some time and so I have to improve my language skills. So – 日本語を勉強している学校に戻ってきました.Bill Mitchell – billy blogBack to school for me …Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW,...

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Why Every American Should Care That Diesel Prices Are Surging Across The Country — Craig Fuller

To many Americans (including politicians), diesel prices are so removed from their version of reality that they often dismiss the importance of diesel to the U.S. and global economies. However, diesel is the fuel that drives the economy and leaves major industries vulnerable to cost shocks. Without diesel fuel, the U.S. economy would collapse in a matter of days. Our supply chains would completely shrivel, almost overnight....Since diesel powers the industrial economy, the recent surges in...

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