Mike Norman Economics

See the comment that accompanies the cartoon. (It's short.) China is taking off the gloves.ECNS (Chinese official English news service)Comicomment: U.S. unilateralism, trade protectionism harm global tradeSee also at ECNSChinese cities issue vouchers to prop up consumer spending

Congress passed the $1.7T spending bill. Big spending increases are coming. 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

The return of Lula and the challenges facing the Brazilian economy post-Bolsonaro, both domestically and in relation to geopolitics and geoeconomics with the heavy hand of the US in the background. In the larger picture, US hegemony means control of the world's resources, which means subjugating the large resources holders, Russia, China, Brazil, Indonesia, India, and the African continent — that is, most of the Global South and east — while keeping Europe in state of vassalage. This is the...

Headline trading with the monetarist zombies will not make you money. Play the intelligent game of going with basic conditions. It takes patience and discipline, but you will be rewarded. 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....

For 70 years after World War II, global growth was underpinned by ongoing efforts to boost international trade by eliminating self-defeating trade barriers. Sadly, the United States started dismantling this source of shared prosperity under Donald Trump, and it has now accelerated the process under Joe Biden.Like I've been saying. As a result of the policy of sanctions, asset freezes, and price caps, era of the free market, free trade and free flow of capital as the basis of global trade is...

The Bank of Japan surprised people with a change to its yield curve control (YCC) policy. This has caused a mild sell-off in Japanese bonds, with the 10-year Japanese Government Bond (JGB) yield up 15 basis points on the month when I last checked.Although I think some of the usual suspects have tried to get excited about this — a harbinger of doom to Japan and/or the global fixed income complex! — this is still in nothingburger territory. (Note: people who discuss bond yield changes as a...

The hysteria surrounding the decision by the Bank of Japan (released December 19, 2022) to make a minor adjustment to its yield curve control ceiling on Japanese government 10-year bonds has been predictable but uninformed and full of vested interest agendas. You know the type of agenda that investment bankers engage in where they consistently pump out their media statements, which are soaked up by the financial media as if they are knowledge that needs repeating, that claim interest rates...

We observe it every day… here: If anyone among you is presuming to be wise in this eon, let him become stupid, that he may be becoming wise, for the wisdom of this world is stupidity with God.     1 Cor 3ipso facto…

lol …  the richest man in the world doesn’t even know where the munnie comes from! 😂😂😂Should Congress approve the $1.7 trillion omnibus spending bill?— Elon Musk (@elonmusk) December 20, 2022

I'll give you exactly how this will play out. It's not that hard. 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