Mike Norman Economics

[embedded content]Col Doug Macgregor - Ukraine Russia latestJudge Napolitano - Judging Freedomhttps://youtu.be/niZQnX-pw5w

[embedded content]Going "tactical" and "realist".Andrei 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...

Monetarists are losing it as the stock market rallies. And the rally is JUST GETTING GOING. 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/

I just got back from vacation, and was greeted by the United States’ 2022Q2 GDP release which hit the dreaded “two quarters of contraction” status. Some people have decided that this counts as a “technical recession,” although it is unclear where the adjective “technical” comes from.Since I am catching up with everything, I am unable to do a detailed analysis. If I do anything, I will postpone it until next week. I just want to add yet more words to the “is is a recession?” debate.My view is...

My topic today is the issue of the ‘work from home’ phenomenon, which is one of the better things Covid has produced. I explain why. But I also realise a lot of commentators view the phenomenon negatively. Some on the Left allege it just means the ‘woke’ class have abandoned the low-paid workers to Covid, while those on the Right are aghast because they realise that, at least, some workers have more ‘control’ over their working lives. My view is that we should celebrate the fact that some...

The bears were beside themselves with frustration today. All they wanted was for Powell to crash the market. It didn't happen. 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/

Reminiscence of the Future[Gerhard] Schroeder Goes To Moscow And Other Items.Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issues.http://smoothiex12.blogspot.com/2022/07/schroeder-goes-to-moscow-and-other-items.htmlIndia PunchlineRussia’s Vostok 2022 has big messagesM. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassadorhttps://www.indianpunchline.com/russias-vostok-2022-has-big-messages/CaitlinJohnstone.comThe...

 I gave this talk a few weeks ago and it has now been released on Youtube:Tax Research UKTax and modern monetary theory: my talk at the MMT Summer SeminarRichard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forumhttps://www.taxresearch.org.uk/Blog/2022/07/27/tax-and-modern-monetary-theory-my-talk-at-the-mmt-summer-seminar/

Naked CapitalismThe End of Cheap Russian Gas: Turning the Lights Out in EuropeYves Smithhttps://www.nakedcapitalism.com/2022/07/the-end-of-cheap-russian-gas-turning-the-lights-out-in-europe.htmlDances with BearsGORILLA RADIO ASKS: WILL THE WAR IN EUROPE END IN GERMANY AGAIN, LIKE 1945?John Helmerhttp://johnhelmer.net/gorilla-radio-asks-will-the-war-in-europe-end-in-germany-again-like-1945/The Unz ReviewThe All-American Lie FactoryPhilip Giraldi, former CIA counter-terrorism specialist and...

WSJ op-ed by Art degree monetarist former Fed nominee Shelton wondering where the Fed is going to “get the money!” to pay the IOR and RRP interest…This could be the start of the political shitstorm over this topic we’ve been looking for here at MNE for quite a while now…this could be right from Mikes stuff: “The tricky situation the Fed now faces is that its own net interest income—$116.8 billion in 2021, of which 93% was remitted to the Treasury—will soon be exhausted by the higher interest...