Amarynth's English translation of an article by ATRcons.The US-controlled "rules-based order " in trade that is run for the benefit of the US is running into headwinds. End of the WTO in sight?Global South — Daily ChroniclesA riot is brewing. 127 countries have filed a protest to the WTO against the United Statesamarynth
Read More »Recession forecasts for 2023 abound!
With forecasts like this, the only thing to do is be an aggressive contrarian. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course. https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes
Read More »Zoltan Pozsar: G7 Investors Should Worry About Gold-Backed Renminbi Eclipsing Dollars, Commodity Encumbrance
Game-changer? Zoltan Pozsar thinks so. The Deep DiveZoltan Pozsar: G7 Investors Should Worry About Gold-Backed Renminbi Eclipsing Dollars, Commodity Encumbrance
Read More »RT — Russia to divert metals away from West
Russia is a major metals producer and exporter. According to Institut Polytechnique de Paris, last year the country held a 13% market share for titanium production, 11.2% for nickel, 10.5% for platinum, 5.4% for aluminum, 4% for copper and 4.4% for cobalt. It is the world’s top producer of palladium, a rare metal used in car manufacturing, accounting for 37% of production in 2021.…Russia is not only a major producer of primary aluminum but it is also embedded in the global supply chains...
Read More »A new economic narrative for the left — Richard Murphy
Having posted review articles for the past couple of days I did wonder what I thought my most important post of the year was since many others seem to be working that theme at present. Somewhat randomly (meaning I did not go back and look at them all, and nor did I look at stats) I settled on this, which was published on the blog on 2 July 2022 having previously been on Byline Times:"Center-left" instead of "left"? It's simply moving the Overton window somewhat to the left after it having...
Read More »All clear until February 15. We’re going up.
Mid-December tax drain has been recovered. It's a bull trend through February 15. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course. https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes
Read More »Bill Mitchell — Japan and the World Economy through the lens of MMT (video presentation)
Today, I make available a video session that I recorded in Japan while I was working there in the latter part of this year. It sets out a range of interesting topics that form, in part, the research program that my colleagues and I at Kyoto University have mapped out to work on in the coming year. I hope that by the end of 2023 we will have advanced this program and perhaps will be able to stage some sort of event (Covid permitting) in Japan later next year to spread the knowledge....Bill...
Read More »“Artificial Intelligence!” explains banking
Surprise surprise ChatGPT is a monetarist moron too:ChatGPT explains fractional reserve banking, as a surfer: pic.twitter.com/eS2l01OtTa— ChatGPT (@ChatGPTGoneWild) December 29, 2022 ie GIGO garbage in garbage out… its always been this way and always will... there is no such thing as "artificial intelligence!" its just another Art Degree figure of speech by these platonist trained morons who dont understand information systems...
Read More »The federal government is making a killing!
Collecting so much tax, leaving everyone's balances drained! This is a big problem. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course. https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes
Read More »Russia, Iran open a trade route heralding a bloc — M. K. Bhadrakumar
TradeDe-dollarization and breaking free of the West both politically and economicallyDevelopment of Russia, Central Asia, the Middle East, India, and China as an independent economic blocIndia PunchlineRussia, Iran open a trade route heralding a blocM. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassador
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