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Is he nuts??
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Mike Norman considers the following as important:
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Is he nuts??
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Michael Hudson writes Beyond Surface Economics: The Case for Structural Reform
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Mike Norman writes Wishful Thinking
| Is he nuts?? |
Some Americans have wanted the dollar to crash for decades.
It won’t so now they are proposing things to make it crash. 🤣
They are essentially 'shorting' or hedging on the loss(es) of the USD. Shame…
Who the hell is advising him?
Hi Mike, I love your videos, they are very informative and I watch everyone of them. I just wants you to clarify one thing for me. As you keep saying that it is ok for the goverment to run deficit and have debts since it means it will help the private sector to grow and prosper as a result. And since US is the sole issuer of the dollar it will never go bankrupt. Then why the government insists on collecting taxes? Wouldn't it be easier if the government just keeps on financing its spending by prininting more money and run an even higher deficits?
I hope you will let me know your thoughts
Thanks Mike!
Taxes create demand for the currency.
Appreciate your information and with you being in FL I feel like im at the beach.
The issue is, why do we have all these wars, invasions, and govt overthrowing in the first place? Syria, Iraq, Venezuela, China, Iran, and a dozen more?? Because of the petro fiat dollar right? If we stopped all the warring and invasion and naturally let other countries choose the currency they want to use and we don't have commodities to offer for their dollar holdings how do we keep them in the dollar system? We invade so to keep the world dependent on the dollar… the side effect of which is the bankers and their corporate cronies get the handouts. Everyone knows this. I work in big tech. It makes no sense the CIA and/or DoD pays $500 million for a lame CRM system. We have a totally managed economy and the tech salaries are a transmission mechanism… I can clearly see that. Look at all the engineers at Facebook, Google, Twitter, Microsoft, Salesforce, etc making well over $300k a year. Interns making a 100K. When you have anything managed and manipulated like this it's inevitable where there's absolute power there's absolute corruption.
You can't get rid of the warring without changing the dollar system. The bankers hate their free lunch taken away from them. The economy is going to suck. But there'd be much less warring and invasions taking place. And no more creation of man made Vs. Consider this, why was Iran, Wuhan, and Italy struck around the same time? Italy was about to leave the ECB the same week they got hit. We all heard about Brexit for half a decade. Who cares?! They don't even use the same currency. Nobody even talked about Italexit. And Draghi becomes their prime minister after the V hit? c'mon, it's so clear the bankers run the show. And we're offering up our children to fight their wars right?
The people who advocate for hard money are just selfish and shortsighted.
They daydream of becoming feudal lords.
I like RFK Jr on a variety of issues. It’s a real shame he has this stance. Hopefully someone sets him straight on this
And he's not a second amendment advocate which immediately and instantly eliminates him
Why not advise him about MMT? YOU might be his Kelton.
Hey Mike.
I appreciate your efforts & love your work.
But you're saying the correction might be starting here / today… when two days ago, on Monday / Tuesday you were saying it was going to happen after the first week in August, due to some sort of government payment that was going to happen on the 15th – then tonight you said the market correction might be here "like you've been saying".
So if we go back to your YouTube video from Monday or Tuesday, I don't think that's what you said.
After first week of August was when the market was supposed to turn according to your YouTube video from Monday / Tuesday.
Much respect.
Can't be fudging like that.
It's on record.
RFK is just pandering to the anti-government and bitcoin laser eyed charlatans selling coins. That’s our issue, politicians always pandering to morons on both sides of the political spectrum.
❤👁
Hey Mike. Compare your view of Kennedy with O'Donnell's. https://youtu.be/0GifMr8xmmM
Mike, I've been watching your videos for a while. I've got to say. I'm disappointed that you tossed your vote during an election where one of the candidates was an autocrat. Biden is old and hasn't been a smooth orator for a long time but like Obama, McCain, and Romney, he's not an autocrat. Autocracy is the beginning of the end IMO. The American empire will fall one day. All empires do. Definitely feels like we're heading speedily in that direction. With such a large section of the population lacking the skills to evaluate information, easily persuaded by conspiracy theories that run rampant, disseminated by who knows, Russia, China? Unknown. I was hoping it wouldn't be during my lifetime. I realize I'm a little all over the place here with my jump cuts but I think you'll get my sentiments.
Harvard legacy admissions just means reparations for rich people.
RFK's being wrong on Israel and Palestine is very disappointing. (On his own Kennedy Democrat terms, he's wrong.)
But on the monetary system: incredible and catastrophic!😳It's far more critical and spectacular failure
I wonder how Cornell West is on economics
Maybe a tiny bit better, but still disastrous.
So if the Money which USA spend for Ukraine would go into housing and rehab facilitys we dont had homeless drug addicts like in every City in the USA like San Francisco, Los Angeles, Philadelphia etc. 🤔 The have Money for war but dont feed the poor like 2 Pac said…
Ok. So what is your perspective on Nixon and the petro dollar. Oil?? Are you a global warming denier??
BRICs nations meeting in August to possibly announce a gold backed currency. Will be interesting to see how this plays out.
Very good analysis. I liked RFK as well but will pause now
RFK Jr. only wants to peg 5% of the usa dollar, to Gold and Bitcoin..