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Mike Norman Economics

RT — Beijing signals harsh counter-sanctions for US lawmakers & STATES targeting China over Covid-19 outbreak

The gloves are coming off.RTBeijing signals harsh counter-sanctions for US lawmakers & STATES targeting China over Covid-19 outbreakAlsoSputnik InternationalTrump Warns US Could Cut Off Relations With China Completely Amid Coronavirus SpatalsoZero Hedge"We Could Cut Off The Whole Relationship" - War Of Words Between Trump And Beijing Is Heating UpTyler Durden alsoSputnik International5G is OFF: Trump Extends US Telecom Supply Chain Ban on Huawei Amid Calls to Wind Down Trade War...

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70% of Russians Have Savings, while 70% of Americans Live Paycheck to Paycheck — Jon Hellevig,

70% of Russians have savings, that will see them through 1- 2 months without other income. In the US, on the contrary, 70% have virtually no savings.  In America, the bottom 55% have zero savings, while the following 24% – the core of the former middle class – have only $1,000 stashed away. A 2016 report, two-thirds of Americans are not able to afford even a $500 emergency cost of any sort. A staggering 78% of full-time workers are reported to be living from paycheck to paycheck. –...

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Rutger Bregman – The neoliberal era is ending. What comes next?

The best article I've read for a long while. It lifted my spirits in these gloomy times.In a crisis, what was once unthinkable can suddenly become inevitable. We’re in the middle of the biggest societal shakeup since the second world war. And neoliberalism is gasping its last breath. So from higher taxes for the wealthy to more robust government, the time has come for ideas that seemed impossible just months ago. Within a couple of years, Zucman became one of the world’s leading tax...

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Caitlin Johnstone — Why “Obamagate” Will Never Lead To Anything Of Significance

Yep. Although I would not say it will not lead to anything of significance. It will continue the "divide and conquer" approach that elites take to keep the voters from understanding their own interests and voting for them. The result is an increasingly divided America that is becoming paralyzed politically. This bodes ill in the face of emerging challenges — epidemics, ecological collapse, and war. Caitlin Johnstone — Rogue JournalistWhy “Obamagate” Will Never Lead To Anything Of...

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