Mike Norman Economics

Cash assistance isn’t just a moral imperative that raises living standards. It’s also a critical investment in the health and future careers of low-income kids. I have written here in the past about neuroplasticity and gene expression and how getting a good start is important for a child to do well later on in life, and therefore, I added, welfare should be seen as an investment for society. It would lower taxes in the long run because children from very poor backgrounds are more likely...

Dumb USD zombie Chicomms keep "pumping!"... third one... Hengfeng Bank was finally pushed into some state-led resolution, making it the 3rd bank failure in China. Will creditors take losses, like with Baoshang, or not, like with Jinzhou? If there are losses, Monday could be wild for the interbank market. So probably no losses. pic.twitter.com/r8tX0ORaTJ — adam wolfe (@adamkwolfe) August 9, 2019 Pump up the Jam![embedded content]

So easy to exploit that.

It's just a quick news bulletin which contains a short video. Meet Stephanie Kelton, a proponent of Modern Monetary Theory, a controversial set of economic proposals centered on the idea that the U.S. could dramatically boost public spending on progressive ideas like a job guarantee or the Green New Deal in order to smooth out the economic cycle. Conway G. Gittens reports. Reuters - MMT: a controversial idea to boost economic equality

This is very very embarrassing.  Julie Eadeh, a US diplomat in Hong Kong, was caught meeting HK protest leaders.  It would be hard to imagine the US reaction if Chinese diplomat were meeting leaders of Occupy Wall Street, Black Lives Matter or Never Trump protesters. https://t.co/JfiU2O2HZq

You see this all the time with the Liberal Art trained people trying to figure it out ...  pretty sad... citation. Anthropomorphic Fallacy  The Anthropomorphic Fallacy (also called anthropomorphism) is our tendency to attribute human emotions and characteristics to inanimate objects and aspects of nature, such as plants, animals, or the weather. For example, we might say that our houseplant looks sad or that our TV doesn’t want to work anymore, when in reality the plant just needs water...

LIBERTARIANS... ALERT... ALERT....DONT EAT THE SILVER... REPEAT.... DONT... EAT... THE... SILVER...

USD zombies low on the people's soy product: #China’s #soybean oil futures limit up, hit the highest in a year. pic.twitter.com/HaRjQsWRvR — YUAN TALKS (@YuanTalks) August 9, 2019 USD zombies low on the people's fruit and the people's pork products too: #China’s factory gate prices fell for the first time in 3 years in July. Consumer inflation picked up to 17-month high on surging food prices.Fruit prices surged 39.1% y/y and pork jumped 18.2%. On a monthly basis, pork up 7.8% while...

Reserve flows. Like inside information.

Naked Capitalism5 Reasons Why Trump’s Venezuela Embargo Won’t End the Maduro Regime Marco Aponte-Moreno, Associate Professor of Global Business and Board Member of the Institute for Latino and Latin American Studies, St Mary’s College of California. Originally published at The ConversationVenezuelanalysisIn Venezuela, social, popular and communal unity is not an illusion Corriente Revolucionaria Bolívar y Zamora interview with Ángel Prado, the spokesperson of the Socialist Commune El...