Mike Norman Economics

Caitlin Johnstone — Rogue JournalistHow To Defeat The Empire Caitlin Johnstone Dances with BearsMARK GALEOTTI IS A FACT FAKER – HIS BOOK ON RUSSIAN CRIME IS A HATE CRIME, A WAR CRIME John Helmer Elijah J. Magnier — Middle East PoliticsIran will be a full nuclear power by the end of 2020: no return to the 2015 agreement Elijah J. Magnier Fast CompanyEx-CIA operative Valerie Plame is running for Congress, and her campaign video is fast & furious Frances Katz Geopolitical MonitorChina...

The Germany guy at least has their methodology correct here... and this is interesting in that this is the first time I've ever seen anybody point out their methodology...Should probably be "model-platonistic methodology" that they are using its more than a "manner"...This methodology should be banned in anything even obliquely having to do with our material provisioning systems... it doesn't work... The claims are as follows:1. ‘MMT applies to countries other than the US, but not to the...

Guess when the 2yr vs. 10yr  yield curve went "inversion!" on the time domain diagram below and win a free 30 day trial subscription to Mike's MMT Trader™ newsletter: HINT:

The Hong Hong protestors have every right to peacefully protest and their demands for more democracy should be supported. We would hate in the West the type of control over the Internet that the Chinese government has.But there's a problem: democracy means an oligarchy ruled by the elite, so we don't really have much of a fully functional democracy in the West either.If China went fully democratic, the Western elite would go straight in there and buy up the media to put out its propaganda....

Guaido envoy Vanessa Neumann was caught on tape offering to relinquish Venezuela’s historic claim in exchange for backing  from London. It's not about democracy, it's only about the oil. The people of Venezuela wouldn't get a say under Guaido.  The move comes as a recorded phone conversation between Neumann and Avendaño was released on Friday, in which the former can be heard advising Guaido’s Venezuela-based team to “drop” the “official [government] line that we want to take control...

Paul Singer is ready to wait more than 2 years for his reward.

Investigation finds that serial numbers on weapons captured in Syria match those purchased by US officials in Balkans I recognise the name of Dilyana Gaytandzhieva now, she was the one that exposed the chemical and biological weapons labs that the US has surrounded Russia and China with. I reported on this here a few years back.  This article is based on the reports I put out recently.  A recent investigation has uncovered explosive evidence that the US is supplying weapons to...

Craig Cesal was sentenced to life in prison for a first-time drug offense. He currently resides at a federal prison in Terre Haute, Indiana. I was never alleged to have bought, sold, or even used marijuana. Rather, my business repaired semi-trucks for a company that trafficked marijuana. I didn't think I was doing anything wrong as I didn't do anything with marijuana. I was wrong, according to the federal court in Gainesville, Georgia. My business, nestled near Chicago, was...

It's a good thing, not a bad thing.

More than a decade after the global financial crisis, macroeconomists have failed to absorb three crucial sets of lessons. Their models are still struggling – and mostly failing – to cope with disruptive change, and with the fact that both balance sheets and inequality matter.… Stating the obvious but it that most at the top don't get it yet. Project SyndicateWhat Economists Still Need to LearnMark Cliffe is Chief Economist and Head of Global Research of the ING Group. Also of interest...