Mike Norman Economics

NEOWhy is the US Still Sanctioning Syria? Tony CartalucciSputnik InternationalTrump Claims US Maintains Policy Option of 'Complete Decoupling From China'US Report Claims China Intends Nuclear First Strike With Stolen Super-EMP WeaponsUS Slaps New Sanctions on Mexican Firms, Individuals and Venezuelan Oil TankersThe GrayzoneLeaked documents reveal right-wing oligarch plot to overthrow Mexico’s AMLO Ben Norton RTALL levels of Australian govt., critical infrastructure hit in ‘sophisticated...

Something similar is happening now in the United States with the ideological impact of the Black Lives Matter movement. Many people thought that racial inequality was indeed an issue in the United States. But it was seen as an ancillary issue, in need of a solution, but not in itself detracting from the view of America as a land of equal opportunity and progress for all. Under the impact of the movement, racial injustice, and many other forms of injustices, are now seen, by many people who...

Backgrounder.Andrew Batson's BlogChina’s grassroots market liberals Andrew Batson

Back in 2010 the materialist historian Turchin predicted in an article in Nature that 2020 would see a major outbreak of social disorder in the USA.His work distinguished between the long term stress that a society experiences and short term triggers. The long term stress predisposes a state to social breakdown, riot, insurrection or civil war. Once the society is in a highly stressed state, then some otherwise common event – the killing of an innocent man by the police in this case – can...

It should be obvious to everyone now that taxes do not fund government spending. 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/

Looking good.... now just show them the munnie and we’ll be past this thing soon...Johnson & Johnson in talks with governments on possible COVID-19 vaccine https://t.co/8HjLB4tocm pic.twitter.com/BuSvLN2k88— Reuters (@Reuters) June 18, 2020

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...

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...

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

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...