Mike Norman Economics

The 2008 financial crisis, together with failed efforts to combat climate change and sharply rising inequality, has frayed the neoliberal consensus that has prevailed in the United States and much of the West for more than two generations. Three issues must be considered in weighing what comes next.... Project SyndicateHow to Rethink CapitalismSimon Johnson

Gordon Duff once said that 40% of what he writes is untrue, which he does, he says, to keep himself aive. He said you have to read between the lines.Still, much of this article seems plausible to me, and is an interesting look at geopolitics. The World is a dangerous place.Gordon Duff says how Russia is piling arms into India and this scares China which then buys more arms from Russia. Exclusive: Russia says Bagdadi killing faked by US, part of new move against the region by Deep State...

Our universe could be creating multiple new universes with different space times, and those new universes will be creating even more universes, so the maths tells us.  Like part of a cosmic Russian doll, our universe may be perfectly nested inside a black hole that is itself part of a larger universe. In turn, all the black holes found so far in our universe—from the microscopic to the supermassive—may be ultimate doorways into alternate realities. Physics-Astronomy  Every Black Hole...

Remember you read it here. @UKLabour move to give millions of foreign nationals the right to vote in #generalelection2019 will haunt them for decades to come. It will be weaponised by the right as a betrayal of Britain and its sovereignty. Mark my words #Brexit

It's really good!Matt Kennard reviews how the Western press reports the actions of ‘The Racket’ ­ the multinational corporations ­ and their role in shaping the global media agenda. [embedded content]

Good riddance to this Monetarist moron...Greg Mankiw, who served as chief economist to former President George W. Bush, quits the Republican party because too many of its members are ignoring Trump’s “misdeeds” https://t.co/Psiwgh5U4x— Bloomberg (@business) October 29, 2019

Fed meeting and more.

3 central bank meetings plus major data releases

For about 70 years the CIA has been undermining a free press.  It began with Operation Mockingbird, a Cold War operation against communism.  The CIA recruited journalists into a propaganda network.  The CIA paid journalists to write fake stories or to publish stories written by the CIA in order to control explanations that served the agency’s agendas.  Student and cultural organizations and intellectual magazines, such as Encounter, were suborned into the CIA’s propaganda network.  Thanks...

Is Elizabeth Warren more radical than we thought? The powers that be are really scared of her. They say Europe got rid of high taxes long ago because they didn't work. Didn't work for who? And is neoliberalism working today? Beddoes noted that Warren’s wealth tax proposal, which would confiscate large amounts of wealth from America’s richest individuals, is an antiquated idea that many European countries abandoned a long time ago.  Rattner jumped in, saying, “I would say it’d be...