Mike Norman Economics

In the discussion on air, I spoke about the underlying reasons why Russia would have likely refused to extend the grain agreement beyond its scheduled expiration in mid-November irrespective of the Ukrainian drone attacks on Russian commercial and military vessels in the Sevastopol harbor this past weekend which were the given justification for Russia pulling out of the grain deal early.It bears mention that in Russia media there is considerable speculation on why exactly so much grain was...

Setting a price cap on gas would disrupt the free market and hurt investment, energy minister Saad Al Kaabi says….The odor of hypocrisy is strong. The "free market" is great until it isn't. So much for "the rules-based international order."      RT (Russian state-sponsored media)EU ignores its own free-market principles – Qatar

Lots of QT yesterday… 99.9% of people bearish on this.. “less money!”… ignorant of regulatory effects… (and look at the 15th)...A lot of QT Monday pic.twitter.com/jD5Lrds9iT— The Vol Pivot (@VolatilityWiz) October 28, 2022

Fed week, so it's gonna be another zombie Apocalypse. Charlie Munger all wrong on the monetary system. https://youtu.be/PXUQJgDha6o Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course....

Private Sector Debt is the Problem. Much Higher Government Deficits are the Solution. Except in the Eurozone where Euro is the problem and no Euro the solution.Notes on the Next BustThe era of low interest rates is not over. And this is so obvious I don't even know why I have to write this...Ari Andricopoulos

One of the ‘problems’ besetting the world at present, if the commentary in the mainstream press is anything to go by, is the existence of chronic skill shortages. Survey studies of the shifting demographics in Japan, for example, have produced ‘alarming’ results from a mainstream perspective. See for example, this OECD Report from 2021 – Changing skill needs in the Japanese labour market. I was at a meeting recently in Kyoto and it is clear that many firms in Japan are having trouble finding...

If I were God, I would make it so NO …. ONE ….. and I mean NOOOOOOO… OOONNNNE…. would ever win the f-ing lottery … and then… ALL the f-ing munnie  … and I mean ALLLLLLL the f-ing munnie.,,, ended up in the f-ing lottery!!! 😂😂😂😂 now THAT would be f-ing funny!#goldenhemorrhoids  #fuckthemonetaristshttps://whyevolutionistrue.com/2012/06/29/more-bible-lolz-gods-golden-hemorrhoids/POWERBALL JACKPOT REACHES $1 BILLION AFTER NO WINNING TICKET— FXHedge (@Fxhedgers) October 30, 2022...

The government must spend first before it can sell any bonds. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.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

The foundation for evolving multipolarity has in fact been presentedby the Russia-China strategic partnership only three weeks before imperially-ordered provocations forced Russia to launch the Special Military Operation (SMO).In parallel, the financial lineaments of multipolarity had been proposed since at least July 2021, in a paper co-written by Professor Michael Hudson and Radhika Desai.Michael Hudson is becoming a chief economic spokesperson for the emerging multipolar world. Strategic...

Two from NeilNew WaylandGilt issues considered harmfulWhole of Government Accounts: some juicy quotesNeilW