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Mike Norman Economics

It’s the Russians.

It's the Russians. See? (Sputnik International is sponsored by the Russian Federation.)Sputnik International‘No Quarter’: US Senator Tom Cotton Calls for Military Invasion of American CitiesSputnik International‘You Have to Dominate’: Trump Blasts ‘Weak’ State Governors, Urges ‘Take Back Your Streets’See alsoFormer National Security Advisor Susan Rice "confirms" it.Zero HedgeSusan Rice Goes Full Conspiracy Rant On CNN: 'Russians Behind Race Protest Mayhem!' Tyler DurdenThen, this,Not to be...

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RT — America is CHRONICALLY ILL with racism, Beijing proclaims, as George Floyd rallies blight US cities

This is the first time in my recollection that China has ever criticized human right in the US the way that the US regularly does China. I have often wondered about it. Well, it appear that era is over. I doubt this is tit-for tat. The Chinese leadership would not be taking this decision if they did not  perceive US leadership declining, China rising, and a vacuum asking to be filled.That said, China and Asia in general, are not free of ethic exceptionalism and of superiority of...

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Southfront — U.S. Strategic Bombers Trained Strikes On Territory Of Russia When They Were Intercepted By Fighter Jets Over Black Sea

US confrontational behavior increasing. Boys and their toys.SouthfrontU.S. Strategic Bombers Trained Strikes On Territory Of Russia When They Were Intercepted By Fighter Jets Over Black SeaAlso at SouthfrontDrone and robot swarms and swarms of swarms. The direction that militaries are taking.Technical And Operational Sspects Of Robot Swarms: UNIDIR ReportProtests In U.S. Couldn’t Last A Week Before Being Blamed On Russia

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“We Have Capitalism for the Poor and Socialism for the Rich” – Mark Blyth

Quite a good one from Mark Blyth. He says the US economic system is like a Mustang which has been prioritised for maximum speed but with less spent on safety features. Europe is more like an Audi, he continues, which may be slower, but it has loads of stafety system - crash it, and you will probably survive in one piece.Europe’s automatic stabilisers may be expensive but they can greatly minimise the harmful effects of an economic crash or a natural disaster, like a pandemic. The UK is a...

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5 Economists Redefining… Everything. Oh Yes, And They’re Women — Avivah Wittenberg-Cox

Esther Duflo, Stephanie Kelton, Mariana Mazzucato, Carlota Perez and Kate Raworth are united in one thing: their amazement at the way economics has been defined and debated to date. Their incredulity is palpable.... Like Dorothy in The Wizard of Oz, when they get a glimpse behind the curtain, they discover the machinery of power can be more bluster than substance. As newcomers to the game, they can often see this more clearly than the long-term players. Henderson cites Tom Toro’s cartoon...

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Society unraveling

Police brutality pushes America over the edge and ignites chaos. Society in breakdown. The world is watching. Trade and invest using the concepts and understandings of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/

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Lawyers of George Floyd Family to Open UN Human Rights Case, Seek Sanctions Against US — Raul Dieg

Lee Merritt and Benjamin Crump, attorneys for the families of the three victims of police brutality mentioned above, have announced that they intend to bring a case before the United Nation Human Rights Committee on behalf of their clients and seek sanctions against the United States for violating the human rights of African Americans. Should they be successful in this legal endeavor, it would be almost unprecedented and significant. But certainly not new. Other minority groups have...

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