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Mike Norman Economics

THE AUSTRALIAN CHEWING-GUM IS NOW ON THE RUSSIAN SHOE – AUSTRALIAN MINISTER ASKS LAVROV TO SAVE EXPORTS FROM CHINESE SANCTIONS; LAVROV ASKS FOR AUSTRALIAN SUPPORT TO STOP FAKE MH17 EVIDENCE IN DUTCH SHOW TRIAL — John Helmer

One day after Australia was defeated at the World Health Assembly in a joint effort with the Trump Administration to attack China, and after Beijing retaliated, calling the Australian Government a US puppet, a joke, and chewing-gum on China’s shoe, Australia has telephoned Moscow for help. In a call initiated by Foreign Minister Marise Payne (lead image, left), Foreign Minister Sergei Lavrov was asked to boost Russian imports from Australia and send more Russian tourists to the country....

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As debt soars, the cost of servicing it keeps falling

Good news for the British government’s finances An awful lot has changed since Rishi Sunak, the chancellor, unveiled his budget in March. Britain’s economy looks set to experience an unprecedentedly rapid and deep recession. What is more, the government, through actions such as the furlough scheme to support employment, is choosing to bear an unusually large share of the initial costs. The result will be much higher government debt than previously anticipated. And yet the actual cost of...

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Bill Mitchell – Britain confounding the macroeconomic textbooks – except one!

Remember back just a few months ago. We are in Britain. All the Remainers are jumping up and down about Brexit. We hardly see anything about it now as the UK moves towards a no deal with the EU. Times have overtaken all that non-event stuff. Now the developments are confounding the mainstream economists – again. There will be all sorts of reinventing history and ad hoc reasoning going on, but the latest data demonstrates quite clearly that what students are taught in mainstream...

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Definitions and Debate — Definitions and Debate Regan Ferrell interviews Jeffrey Miron and Michael Hudson

Regan: Hello everyone, thank you for tuning into this episode of the Knowledge Problem Podcast. I’m your host Regan Ferrell [and I’m Alex Pilkington] on today’s episode we explore the merits and shortcomings of capitalism. [1:00] We have Dr. Jeffrey Miron speaking first, followed by rebuttals from Dr. Michael Hudson.... Michael Hudson — On Finance, Real Estate And The Powers Of NeoliberalismDefinitions and DebateRegan Ferrell interviews Jeffrey Miron, senior lecturer and director of...

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Muslim Chinese Street Food Tour in Xi’an, China | BEST

C J Werleman is putting out anti-China propaganda on Twitter, and Nafeez Ahmed sometimes does this too. Both are excellent journalists in every other way.CJ Werleman says the Chinese government is forcing Xinjiang Muslims to eat pork and drink alcohol. This is total rubbish as it would greatly backfire. They would have a revolution on their hands. Uyghur students forced to eat pork, Muslims required to drink before entering mosques, C J Werleman  A Chinese person sent me this video.Tweet...

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