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Mike Norman Economics

1962 India-China war redeux? — M. K. Bhadrakumar

Backgrounder.M. K. Bhadrakumar puts the blame squarely on the Indian elite for creating a threat to China that the Chinese would quite reasonably evaluate as real, with a predictable reaction forthcoming. Part of this threat is the recent rapprochement with the US militarily. but that is not all.This is the best analysis of the situation and the issues I have seen so far.India Punchline1962 India-China war redeux? M. K. Bhadrakumar | retired diplomat with the Indian Foreign ServiceSee also...

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20-Year-Old Robinhood Customer Dies By Suicide After Seeing A $730,000 Negative Balance

It just shows you how careful you have to be, especially if you don't have much money. The tragedy is, the debt was probably just temporary and would have corrected itself.The note found on his computer by his parents on June 12, 2020, asked a simple question. “How was a 20 year old with no income able to get assigned almost a million dollars worth of leverage?” The tragic message was written by Alexander E. Kearns, a 20-year-old student at the University of Nebraska, home from college and...

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Donald Trump Tweet – John Bolton

Wacko John Bolton’s “exceedingly tedious”(New York Times) book is made up of lies & fake stories. Said all good about me, in print, until the day I fired him. A disgruntled boring fool who only wanted to go to war. Never had a clue, was ostracized & happily dumped. What a dope! Donald Trump

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The Prehistory of Private Property: A video introduction to the new book by Karl Widerquist and Grant McCall — Karl Widerquist

These false claims are: (1) Inequality is natural and inevitable, or egalitarianism is unsustainable without a significant loss in freedom. (2) Capitalism is more consistent with negative freedom than any other conceivable economic system. (3) Private property is somehow “natural,” meaning that when free from interference people tend to appropriate and transfer property in ways that lead to a capitalist system with strong, individualistic, and unequal private property rights. The book...

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All the hysteria over Fed actions make me laugh.

Fed can lend, it can't spend. Does not have a bullish effect on the market beyond short-term. 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.pitbulleconomics.com/podcasts/

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Links — 17 June 2020

Craig Murray BlogCynicism and Warmongering Craig Murray, formerly British ambassador to Uzbekistan and Rector of the University of Dundee Dances with BearsTOO CROOKED TO LIE STRAIGHT IN BED – BBC TRIES TO RIGHT THE WRONGS OF ITS SKRIPAL STORY John Helmer Intel TodayOlof Palme — Interview with Top Expert Jan StocklassaRemembering Olof Palme (January 30 1927 – February 28 1986) [UPDATE : Swedish prosecutors close Olof Palme murder inquiry] Ludwig De BraeckeleerPolitical CalculationsThe World...

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Alain De Benoist — “The United States Is At War Against China”

The Chinese are pragmatists who reason in the long term. The ideology of human rights is totally foreign to them (the words “right” and “human”, in the sense that we usually give them, do not even have a Chinese equivalent: “human rights” is rendered as “ren-quan”•, “man-power”, this is not especially clear), individualism also. For the Chinese, man must fulfill his duties to the community instead of claiming his rights as an individual. During the Covid-19 epidemic, the Europeans were...

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TASS — US sanctions against Nord Stream 2 target German economy, says diplomat

Sanctions against the Nord Stream 2 project discussed in Congress are designed to directly hit the German economy, Russian Foreign Ministry Spokeswoman Maria Zakharova said at a briefing on Wednesday. "The aggressive pressure, this is exactly as we qualify it, applied by Washington on their European allies, Germany in the first instance, for the purpose of disrupting construction of the Nord Stream 2 is certainly an unprecedented fact for transatlantic relations. Sanctions discussed in the...

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Sputnik — Crypto Expert: If Dollar Fails to Innovate World Will Shift to New Currencies Including Digital Yuan

Avoiding the weaponized dollar in economic warfare.Sputnik InternationalCrypto Expert: If Dollar Fails to Innovate World Will Shift to New Currencies Including Digital Yuan Related The Caesar Act, signed by US President Donald Trump in December 2019, comes into force starting this Wednesday, imposing new sanctions on almost all Syrian economic and trade activities and anyone who does business with Damascus. Pompeo warned that anyone doing business with any of the designated persons or...

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