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Mike Norman Economics

A Very British Institution: The UK Military and The Far-Right

We reject the imperialist wars! [embedded content] What are the politics of the British army? Since the Iraq War, the UK military has tried to improve its image by presenting itself as inclusive, diverse and non-political. But accusations of endemic racism and far-right sentiment within its ranks have surfaced, telling a different story. With death threats against left-wing leader Jeremy Corbyn and active recruitment of former soldiers to far-right groups, we investigate how this...

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Is China Actually Stealing American Jobs and Wealth? John L. Graham and Benjamin Leffel

To be sure, China and the United States are not without their troubles. Both countries are showing stubborn growth in their carbon footprints and military spending, to name just two disturbing trends. But the data of the last 25 years portray U.S.-China commerce as the most synergistic bi-lateral relationship in world history, bringing peace along with mutual prosperity. Putting another myth to rest – other than for the zombies – and there are lots of them.Harvard Business ReviewIs China...

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Alex Crawford – Hong Kong: The people forced to live in homes the size of a coffin

In the world's most expensive city, a casket-sized sleeping space costs hundreds of pounds a month - and the bed bugs are free. Landlords illegally exploit the tenants.  A balanced article about the problems in Hong Kong. Poor people are being totally exploited, but the demonstrators don't seem to care about them.I put out a report here a little while back about how the Hong Kong government was proposing to build a home for everyone, just like they do in mainland China, but the...

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Maj. Danny Sjursen – Democrats Are Becoming the Party of Permanent War

I didn't know they had a leftie over at anti-war.com, I rather like him, a military man too. I agree with a lot of what he saying here.Now the Democrats are just as much the war party as the Republicans. However, today, these attacks on me—and many others—as neo-Trumpsters or “Russian assets,” has a flavor all its own. A Republican, at least in name, is president. Liberals hate him with even more ferocity than Baby Bush. Reflexive anti-Trumpism—though often warranted—is now so instinctual...

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FY 2019

Hume points out (btw Mike reporting on the progress of this all throughout the last year better late from Hume than never...) that fiscal spending increase last year was $339B (8%) while deposits also grew $133B so "the deficit!" increased by over $200B...If you were clairvoyant and knew this was going to happen and got bullish and bought the S&Ps on the open on October 1, 2018 (first day of the FY19) it opened at 2,926 and then panic sold at the low on September 30, 2019 (last day of...

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