Mike Norman Economics

The Vineyard of the SakerU.S.-UK Deep State Tries to Grab Hong KongEric Zuesse NEORoots of Chaos in Hong Kong were Planted in Washington Salman Rafi Sheikh RTWest’s news dominated by Hong Kong while Yellow Vests largely ignored – Pilger CGTN179 officers injured, Hong Kong police urge public to stay rational The Unblanced Evolution of Homo SapiensJohn Pilger: Breaking up the Russian Federation is an American objective Sic Semper TyrannisJoseph Mifsud, British "Joe", Not Russia's Boy...

He mutilated them today: ....WHERE IS THE FEDERAL RESERVE? — Donald J. Trump (@realDonaldTrump) August 21, 2019 So Germany is paying Zero interest and is actually being paid to borrow money, while the U.S., a far stronger and more important credit, is paying interest and just stopped (I hope!) Quantitative Tightening. Strongest Dollar in History, very tough on exports. No Inflation!..... — Donald J. Trump (@realDonaldTrump) August 21, 2019 .....We are competing with many countries that...

As policymakers, academics, and activists prepare for next month's United Nations climate summit in New York, they should consider precisely what it will take to build a truly sustainable global economy. First and foremost, the world needs a new multidisciplinary approach that is broad enough to tackle the challenge.... Project SyndicatePlanetary Thinking Eric Berglöf

I am purposefully avoiding overtly political stuff now that we are in the throes of another campaign.However, when one faction of the country sees the other faction as fascist and names it, political discourse has descended about as far as it can go in that direction other than upping the amps.The opposite extreme when one side sees the others a socialist and even communist, political discourse has descended about as far as it can go in that direction other than upping the amps.This is a...

California is facing yet another real estate-related crisis, but we’re not talking about its sky-high home prices. According to newly released data, it’s simply become too risky to insure houses in big swaths of the wildfire-prone state. Last winter when we wrote about home insurance rates possibly going up in the wake of California’s massive, deadly fires, the insurance industry representatives we interviewed were skeptical. They noted that the stories circulating in the media about...

The fate of pegs is always the same because there is this thing we call the business cycle. Armstrong EconomicsThe Gold Standard Fell As All Currency Pegs DoMartin Armstrong

AbstractThe problems with the design of the Eurozone came into focus when, late in 2009, several member nations– notably Greece – failed to refinance their government debt. The crisis that followed was not entirely asurprise. When the Euro was launched in 1999, many economists warned that the single currency was unworkable. Even Eurozone optimists argued that the Euro project would eventually need to be completed. More than 10 years after the crisis, unemployment rates remain elevated and...

Researchers found that PV systems could produce electricity at a lower price than the grid in 344 cities. Good news for air quality and climate. China has been relying on coal-fired plants (72% in 2016). Two anecdotes. I have a friend that teaches for six-weeks in Beijing on occasion. I once said to him that it must be a great experience. He answered that it was terrible, the pollution was so bad. I have another acquaintance that is Chinese, now living in the US. He's been here about 20...

Arms race watch. It's on.CNNChina Could Overwhelm US Military In Asia In Hours Brad Lendon

The domestic outsourcing of jobs in the United States is fast becoming a dominant explanation for the destruction of the social contract of work, a historic concept in which norms of fairness and solidarity between firms and their employees played a major role in wage setting and workplace standards for some U.S. workers—though of course many others such as African American workers were consistently more marginalized. The destruction of this social contract, detailed in Brandeis University...