Mike Norman Economics

And there's lots more to come, says Glenn Greenwald, and they are sitting through it all now making sure if is factually correct before they put it out. This is the sort of stuff our media should be printing. Doesn't it make you mad that there is really good news out there but they print fake news instead. [embedded content] The Intercept and the Intercept Brasil published a series of exposés that has created a major political earthquake in Brazil. In less than a week, the...

A new investigation has exposed members of Venezuelan coup leader Juan Guaidó’s inner circle for embezzling tens of thousands of dollars designated for humanitarian aid and spending it on luxury goods and lavish accommodations for themselves. Guaidó had been aware of the fraud for weeks and stubbornly defended his cohorts until a leak from Colombian intelligence forced him to acknowledge the scandal.... The Gray ZoneFrom coup leaders to con artists: Juan Guaidó’s gang exposed for massive...

Would the Guardian, or any of the MSM ask these simple and obvious questions that Craig Murray asks.  A Twitter post the other day printed documents that showed that the Guardian editors regularly met with MI5 and MI6. It seems that the Guardian was taken over by the intelligence a long time ago.  In the UK Conservative politicians and the MSM are calling Jeremy Corbyn a traitor who is disloyal to our allies. The Times did a bit piece on him today saying that doubting the U.S. evidence was...

Add technology warfare to economic warfare, information warfare, and cyberwarfare in the arsenal of hybrid warfare. The main battle between the US and China today is for the position of global technology leader. It is believed that the victor on this front will be whichever country provides the best conditions for developing such advanced industries as artificial intelligence and 5G. And these are exactly the Chinese industries that the US is trying to damage by raising tariffs on high-tech...

Stephen Adler (lead image), the American chief executive of Reuters news agency, has ordered into publication three US Government-directed stories targeting the Russian oil company Rosneft — the first in mid-April, and two published over the past week. Adler’s operations support US coup plans in Venezuela and US sanctions against Rosneft and its chief executive, Igor Sechin. The three publications — the first already corrected by the news agency; the second commissioned from a writer...

And why the liberal West could be sorely disappointed in the result if it did, owing to wishful thinking based on erroneous assumptions about China. Marginal RevolutionWhy China is not close to democratizingTyler Cowen | Holbert C. Harris Chair of Economics at George Mason University and serves as chairman and general director of the Mercatus Center

The Russians are just like us. St Petersburg is beautiful, and so is Marina! [embedded content]

LOL nice escalator hack job!For the scientifically impaired consider this system is operating just like their current shitty hacked CNY system...Shocking! An escalator in China's Guangxi province just suddenly started falling to pieces but luckily two people managed to run away before falling into the darkness that lurks underneath that thing. pic.twitter.com/Rb3ezFSk41— Yicai Global 第一财经 (@yicaichina) June 18, 2019

Commie USD hacker zombies still "pumping!" this week; both Monday and Tuesday, net additional 200B CNY non-risk Reserve Assets added to bank assets this week (so far...): #PBOC injects net 80 bn yuan via open market operation — YUAN TALKS (@YuanTalks) June 18, 2019 #PBOC injects net 120 bn yuan via open market operation on Monday (injects 150 bn yuan 14-day reverse repo and 30 bn yuan reverse repo matures) — YUAN TALKS (@YuanTalks) June 17, 2019 Non-bank lenders starting to lose access...

In its new Distributive Financial Accounts data series, the central bank offers a granular picture of how American capitalism has been distributing the gains of economic growth over the past three decades. Matt Bruenig of the People’s Policy Projecttook the Fed’s data and calculated how much the respective net worth of America’s top one percent and its bottom 50 percent has changed since 1989. He found that America’s superrich have grown about $21 trillion richer since Taylor Swift was...