Mike Norman Economics

It’s Wednesday and I have a few items of interest (to me at least) to warm us up for the music feature, which is beautiful though sad. First up we learn how a senior Tory MP has made admissions to the media that completely contradict mainstream macroeconomics and validate what Modern Monetary Theory (MMT) tells us. Second, we learn from the latest ECB data just how ‘flexible’ (read: anything goes) it can be in its government funding. Italy and Spain are being rescued at present. As I said...

[embedded content]Scott Ritter - Biden, terrorism & foreign policyJudge Napolitano - Judging Freedomhttps://youtu.be/4-j4fhICWMs

Global companies from Apple to Intel and Tesla depend on Taiwan to produce smartphone and computer processors, and A.I. chips for autonomous driving. And Taiwan’s chip dominance is only growing stronger—chipmakers in the country are set to increase their global market share to 66% this year. That means that any Chinese move against Taiwan in retaliation for U.S. acknowledgement, and the resulting international fallout, would severely disrupt the global chip technology supply chain. Mark Liu,...

Dear friends Today I had the honor and immense pleasure to spend one hour talking to my friend Michael Hudson and I am happy to share this video with you. The Vineyard of the SakerThe Saker interviews Michael HudsonThe Saker (Andrei Raevsky)http://thesaker.is/the-saker-interviews-michael-hudson-6/

L. Randall Wray, professor of economics and senior scholar at Levy Economics Institute of Bard College, has won the 2022 Veblen-Commons Award. This award is the highest honor given annually by the Association for Evolutionary Economics (AFEE) in recognition of significant contributions to evolutionary institutional economics. Named after the founders of institutional economics, Thorstein Veblen (1857-1929) and John R. Commons (1862–1945), and awarded since 1969, the Veblen-Commons Award is...

[embedded content]Russia's New Doctrine-1Andrei 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 Laboratory...

CompactAmerica Isn’t Ready for War with ChinaMalcom Kyeyunehttps://compactmag.com/article/america-isn-t-ready-for-war-with-chinaThe Vineyard of the SakerNancy braves the Chinese dragon and wins?The Sakerhttp://thesaker.is/nancy-braves-the-chinese-dragon-and-wins/Project Syndicate (you may have to register for a free limited account if you care to read this)Russia’s Looming Defeat in Ukraine (by and economist that knows nothing about economics, let alone war-fighting or war as a...

Headline fears today with China/Taiwan and Fed comments. (No pivot!) However, the market is still in bullish mode. Today was a buying opportunity. 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/

Roundtable #8: Mercouris, New Atlas, Smith — Gonzalo Lira II (2.44.33) Naked CapitalismBrian Berletic of New Atlas, Alexander Mercouris of The Duran, and Yves Speak at 9 AM Eastern with Gonzalo Lira Hosting on China and Other Hot TopicsYves Smith

Reminiscence of the FutureThe Oldest Trick In The Book.Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issues.http://smoothiex12.blogspot.com/2022/08/the-oldest-trick-in-book.htmlTurcopolierThis and That – 2 August 2022 (Col. Lang's take on Col. Macgregor. From what I have read, Col. Lang goes on Ukrainian reports; Col. Macgregor not. This dichotomy pretty much characterizes the military analysis. that appears in the media and on the net. )Col. W. Patrick...