Mike Norman Economics

PoliticoTrump wants ‘diplomatic solution’ with Iran, Pompeo says Eleanor Mueller The HillMnuchin said Iran tensions 'worse' because plan 'is working' Rebecca Klar YahooPompeo says Iranians are 'bloodthirsty,' 'looking for war.' Zarif says US is 'posturing' Deirdre Shesgreen, USA TODAY The HillMattis says Iran regime is 'trying to craft a foreign policy that pushes others around' Justine ColemanSic Semper Tyrannis "If you hit them, they will behave ..." - the neocons' song. Col. W....

And so, if the youth care more for the environment than they do about money, and if ageing parents care about their money more than they do about their children, then generational looms. However, one possible way to defer this clash involves the oldest trick in the book. And that is more money for everyone; for the GND, for Medicare, Medicaid, Soc Sec, tax cuts. Enter MMT.... Zero HedgeHedge Fund CIO: "Generational Conflict Will Be The Top Theme Of The Coming Decades: Enter MMT"Tyler Durden

The Labour leader, Jeremy Corbyn, has said it could be more beneficial for the UK to be outside of the EU under the right deal. Speaking on BBC One's The Andrew Marr Show during the Labour conference in Brighton, Corbyn underlined Labour's 'credible option', referred to as 'the five pillars', which covers the customs union, the trade relationship, protection of consumer, environmental and workers’ rights and the Good Friday agreement. The Guardian UK could be better off outside EU,...

As I type this (Sunday), I am heading to Brighton, England from Edinburgh. We had two sessions in Edinburgh yesterday (Saturday) and it was great to share ideas with some really committed people. We had to dodge a Hollywood closure of the streets (‘Fast and Furious 9 had commandeered the inner city to film a car or two swerving out of control or whatever, and I hope the city received heaps for the inconvenience to its citizens. But, with the direction now south, and tomorrow’s two events...

Micheal Hudson says debt is rising faster than the GDP, and Jimmy Dore adds that investors are taken out more than they are putting in. [embedded content]

Fed issued regulatory update January 2019 here: Approximately 10% of Deposits, I never figured it would be that high... somewhat shocking...Deposits September 4 were $12,963B (Mike's report has been documenting a recent rapid increase in Deposits as bank lending growth has been pretty solid) and Reserves at Depositories were last seen rapidly dropping towards $1,300B on the poorly executed post "Debt Ceiling!" fiscal adjustments so you do the math and see why FF market became dysfunctional...

Strategic Culture FoundationThe Deep State Is Dragging Trump Into War With Iran Robert Bridge Strategic Culture FoundationThinking the Unthinkable, Saying the Unsayable Patrick Armstrong Zero HedgeIran Vows Major War Even If US Conducts "Limited Strikes" Tyler Durden The Vineyard of the SakerWorld at a Crossroads and a System of International Relations for the Future [English] World at a Crossroads and a System of International Relations for the Future” by Foreign Minister Sergey Lavrov...

Why Chinese companies are leaving the West behind: Western companies ruthlessly compete with each other, while Chinese companies cooperate with each other.Jeff Brown says how China was always well advanced of the West and during past centuries traded all over the World through their silk roads, but they never colonised any countries. [embedded content]

Shanghai-Nantong Yangtze River Bridge, the world’s 1st rail-expressway cable-stayed bridge with a main span over 1km, completed closure on Sept 20. The 11072-m-long bridge is expected to bolster the integrated development of the Yangtze River Delta.

ProMarket — The blog of the Stigler Center at the University of Chicago Booth School of BusinessThe Surprising Twist in GOP Economic Thinking: Tax Cuts Might Be Bad for Business Matt Stoller Reminiscence of the FutureWhy? Would You Ask? Andrei Martyanov FAIRMedia Omit Context Behind Latest North Korean Missile Tests Joshua Cho Fort Russ NewsSecret Papers Reveal Russian Hero Scientists Who Prevented America’s Insane Plan to Drop 300 Nuclear Bombs on USSR After WW2 (VIDEOS) Drago Bosnic...