Mike Norman Economics

The Chinese government 'exposed' an American diplomat meeting with the leaders of the Hong Kong demonstrators. Washington hit back saying it was just a routine meeting and called China a thuggish state for revealing the diplomat's identity. The Western media has run with the Washington side of the story downplaying Beijing's version. But the National Endowment for Democracy (NED) has been backing the Hong Kong protestors for some time.Strangely, the Western media hardly ever reports on the...

Despite reports that American troops may soon be leaving the country following a deal with the Taliban, the United States Central Intelligence Agency plans to retain a strong presence on the ground in Afghanistan. The Taliban is bad, right, and so is Al Qaeda, but what if the US is backing the worst of the lot? The CIA supports a mercenary army, the KPF, in Afghanistan even though it has a terrible reputation for war crimes. But alongside the group’s elite image, KPF members have...

Cut below showing in most recent DTS the still lingering effects of the "Debt Ceiling!" as TGA balance of $125b remains essentially at its recent low.Next week we should see this balance start to increase as post "debt ceiling!" auctions took place this week with settlements scheduled for next week. Treasury has stated they want it up to $350b by end of September.  and then we should get the associated reduction in bank Reserve Assets... $225b reserve reduction implied IF Fed doesn't do...

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...