Mike Norman Economics

Could our universe be a hologram after all? There are four kinds of fundamental forces in Nature: electromagnetism, strong force, weak force, and gravity. Of the four, the gravity is the only one still unexplainable at the quantum level. Researchers believe the holographic principle is an important hint to combine the gravity and quantum mechanics successfully. A hologram makes three-dimensional images pop out from a two-dimensional screen. Similarly, the holographic principle allows...

India being forced to choose.India PunchlineDiscords with US are more than moving parts in a transactional relationshipM. K. Bhadrakumar | retired diplomat with the Indian Foreign Service India PunchlineModi wades into EurasianismM. K. Bhadrakumar | retired diplomat with the Indian Foreign Service Astute NewsA Retired Russian Colonel Shared a Surprising Observation about South Asia with RT Sputnik InternationalUS Warns India It Could Limit H-1B Visas for Indian Workers amid Trade...

New highs in stocks. Gold approaches $1400. Patience pays.

...there's a good reason. And it's that the corrupt leaders of these countries don't want to upset the apple cart that allows the system of widespread corruption and graft to flourish. Perhaps inadvertently, the region has developed a system that encourages the poorest members of the population to emigrate by offering inadequate social services and almost no opportunities for advancement. That system is reinforced by the role that the growing remittance payments sent by illegal migrant...

Blowing a lead.Reminiscence of the FutureFareed Zakaria Woke Up? Andrei MartyanovSee alsoCheckpoint AsiaTrump Has Lost All Leverage With Iran Marko Marjanović Also at CATrump Remembers He’s the President, Tells Bolton, Pompeo to Dial It Back on Iran Erin Banco China’s State Media Tells Us It Picked the ‘Wrong Rival at the Wrong Time’ Teddy Ng

...climate change is eating the Himalayas' glaciers, threatening water supplies for hundreds of millions of people downstream across South Asia... Yahoo NewsHimalayan glaciers melting twice as fast: study AFPAlsoBBC NewsChennai water crisis: City's reservoirs run dry

Various people are vying for the key positions in the European structures (EC President, ECB head, and a range of other positions) at the moment. The presence of French and German interests typically dominate these outcomes, although as a result of the Treaty of Lisbon changes, more weight was given to the jockeying of the various political coalitions that find their way into the European Parliament. But that process has new been compromised by the decline of the traditional parties as...

I think I'm going to just post up this video from Mike 3 years ago at least once every week from now on...[embedded content]

This is funny ever more figurative language from the unqualified here: "Translation: the bond vigilantes are back, only this time it is not to push rates higher, but to make sure the Fed wins the race to the bottom, even as the biggest asset bubble of all time gets even bigger, creating a "huge risk" that in just a few months the Fed will be forced to intervene and to stop the ensuing melt up or risk losing all credibility. Goldman Finally Capitulates, Sees Rate Cuts In July And...

Last week’s attacks on two tankers in the Gulf of Oman have ratcheted up tension in the Middle East. Lloyd’s List has reported a tenfold rise in war risk marine rates for tankers.... Oil PriceThe War Risk Premium For Oil Prices Ross McCracken