Mike Norman Economics

This may seem to be ho-hum news but it is isn't. The US is now trying to limit China's technological advance and one means of doing this is limiting education of Chinese students in American universities. Russia is one of the most technologically advanced nations on earth, in military hardware in particular. Chinese students will be educated there instead of the US.  Chinese accession to Russian weapons, including the most advanced weapons available for export, is the worst nightmare for...

The conscientious judges of the European Court of Human Rights published a judgement a fortnight ago which utterly exploded the version of events promulgated by Western governments and media in the case of the late Mr Magnitskiy. Yet I can find no truthful report of the judgement in the mainstream media at all. The Magnitsky Hoax has been a major card played in imposing sanctions on Russia.Craig Murray BlogThe Magnitskiy Myth ExplodedCraig Murray, formerly British ambassador to Uzbekistan...

Looks like Trump isn't buying this latest OPEC scam...Because we have done so well with Energy over the last few years (thank you, Mr. President!), we are a net Energy Exporter, & now the Number One Energy Producer in the World. We don’t need Middle Eastern Oil & Gas, & in fact have very few tankers there, but will help our Allies!— Donald J. Trump (@realDonaldTrump) September 16, 2019

Wow, it's got to be worth going on holiday in China just to travel on this road. Stunning! [embedded content] Tweet by eva ZhengThe sky road for poverty alleviation - more than half of the $3.3bn Yaxi expressway are tunnels n viaducts thru mountains, it took 5 years to build. By connecting the mountainous region to the south n north of China, it helps millions of Tibetan, Muslim Hui people out of poverty.https://t.co/AJfs7inAN9

Financial sector is rattled by John McDonnell’s support for an FTT that would raise about £7bn a year When asked at an event last week if he would support a new plan that would raise an estimated £7bn a year for the exchequer, the shadow chancellor, John McDonnell, had a one-word answer: yes. The proposals were unchallengeable, he said. That’s not true, obviously. Labour’s plans for a financial transaction tax (FTT) were being challenged even as McDonnell spoke. The City has enormous...

Thomas Pilketty is getting bold. I think he is right, we do need radical solutions.One of the reasons the Right online have so much trouble winning arguments with me is that I agree with them about the benefits of markets. I needed a part for my 20 year old lawnmower the other day, so I looked on eBay and found it for about £4.50, including postage. Amazing!The government can't micro manage the economy, so it's best to let people get on with it themselves. But unfettered markets cause too...

Project Syndicate — Say MoreJayati Ghosh Says More... The Vineyard of the SakerRussia prevents Israeli airstrikes in Syria The Saker FAIRRussia Has ‘Oligarchs,’ the US Has ‘Businessmen’ - In 150 NYT, CNN and Fox articles, ‘oligarch’ seems reserved for Slavic billionaires Alan MacLeod Oilprice.comU.S. And Russia Battle It Out Over This Huge Iraqi Gas Field Simon Watkins Craig Murray BlogThe World’s Most Important Political PrisonerCraig Murray, formerly British ambassador to Uzbekistan...

Thomas Piketty "Entrepreneurs will have millions or tens of millions," he said. "But beyond that, those who have hundreds of millions or billions will have to share with shareholders, who could be employees. So no, there won't be billionaires anymore. How can we justify that their existence is necessary for the common good? Contrary to what is often said, their enrichment was obtained thanks to these collective goods, which are the public knowledge, the infrastructures, the laboratories of...

This is all a complete OPEC scam to get the oil price up in USD terms... let's hope Trump can see right through this ... Saudi's full oil supply could take weeks to resume: source https://t.co/chY6wZRCA5 pic.twitter.com/sC15SgG4ex — Reuters Top News (@Reuters) September 15, 2019

The qualified/competent are leaving to get a better job/pay and the entry level people are all on drugs and booze so they can't get hired...This is potentially a VERY "inflationary!" condition if the government starts throwing munnie around at the construction industry...  everybody is going to start bidding up qualified/competent labor...Situation contained for now but fiscal and monetary have been far from ideal for the last 18 months... Election year might prove different...Record number...