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Mike Norman Economics

An Important Headline — Andrei Martyanov (video 28.00)

[embedded content]An Important HeadlineAndrei Martyanov, former USSR naval officer and expert on Russian military and naval issues. Martyanov was born in Baku, USSR in 1963. He graduated from the Kirov Naval Red Banner Academy and served as an officer on the ships and staff position of Soviet Coast Guard through 1990. He took part in the events in the Caucasus which led to the collapse of the Soviet Union. In mid-1990s he moved to the United States where he currently works as Laboratory...

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Why Biden’s off-the-cuff comment about defending Taiwan matters — Jonathan Guyer

Ukraine and Taiwan are entirely separate matters from the military point of view, so that comparisons are peripheral But the two are identical from the point of view of the national security of Russia and China, alone and together, in that the fall of one ensures the eventual fall of the other. Strategically, Taiwan is needed by the US to successfully prosecute a war against  China, as Ukraine was with respect to NATO engaging Russia. But their Russia and China present existential threats to...

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Links — 23 May 2022 Part 1

The Vineyard of the SakerSitrep 180 Hot Potato : Ritter, Lira, Johnson and MartyanovAmarynth for the Saker Bloghttp://thesaker.is/sitrep-180-hot-potato-ritter-lira-johnson-and-martyanov/A Son of the New American RevolutionDebating Scott RitterLarry C. Johnson | CEO and co-founder of BERG Associates, LLC, an international business-consulting firm with expertise combating terrorism and investigating money laundering, formerly Deputy Director in the U.S. State Department’s Office of Counter...

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Bill Mitchell — We have a new federal government – finally some decency will hopefully return

Australia has a new federal government. We have finally rid ourselves of the worst government in my lifetime. An indecent, lying, corrupt government. A government that messed up so many important things yet never took responsibility. During the pandemic, it was the state governments that saved the day, while being hectored by the federal government to abandon restrictions. Thankfully the state premiers held firm. The outgoing federal government has attacked minorities and the poor. It has...

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Paradigm and Nervous Breakdown: Globalization Goes Into Reverse as Inflation/Scarcity Crisis Accelerates Yves Smith

Important! The old world order is breaking down. Where we go from here is unclear.Naked CapitalismParadigm and Nervous Breakdown: Globalization Goes Into Reverse as Inflation/Scarcity Crisis Accelerates Yves Smithhttps://www.nakedcapitalism.com/2022/05/paradigm-and-nervous-breakdown-as-globalization-goes-into-reverse-in-combination-with-inflation-scarcity-crisis-accelerates.html

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Wood: Potential of Artificial General Intelligence

This is her story and she is sticking to it…. (I think her use of “DNA” here is figurative)…[email protected] must share more of our research about #artificialgeneralintelligence (AGI) and how it is likely to transform the way the world works. Within 6-12 years, breakthroughs in AGI could a accelerate growth in GDP from 3-5% per year to 30-50% per year. New DNA will win! https://t.co/RxVp8K4IK4— Cathie Wood (@CathieDWood) May 22, 2022

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Links — 22 May 2022 Part 2

Sputnik International (Russian state-sponsored media)US Military Expert [Scott Ritter]: Russia to Score Major Victories in Donbass, Must Adapt to New NATO GameSputnik interviews Scott Ritterhttps://sputniknews.com/20220522/us-military-expert-russia-to-score-major-victories-in-donbass-must-adapt-to-new-nato-game-1095703665.htmlTASS (Russian state media)US Indo-Pacific strategy geared to instigate confrontation - Chinese top diplomathttps://tass.com/world/1454347India PunchlineCSTO won’t be...

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Links — 22 May 2022 Part 1

One WorldMilley’s Latest Remarks On Great Powers & Technology Are Worth Paying Attention Tohttps://oneworld.press/?module=articles&action=view&id=2900Russia, Iran, And India Are Creating A Third Pole Of Influence In International Relationshttps://oneworld.press/?module=articles&action=view&id=2899Andrew Korybko, American geopolitical analyst and independent journalist based in Moscow, and member of the expert council for the Institute of Strategic Studies and Predictions...

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Inflation and Modern Monetary Theory- MMT | Seeing the Forest — Dave Johnson

Of interest. Short plug for MMT. Recommends The Deficit Myth.Seeing the ForestInflation and Modern Monetary Theory- MMT | Seeing the ForestDave Johnsonhttps://seeingtheforest.com/inflation-and-modern-monetary-theory-mmt/See alsoStephanie is working on a sequel.The LensA quick Look AheadStephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, and an economic adviser to the 2016...

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