When capitalism doesn't cut it.Russia’s invasion of Ukraine has created an energy crisis in Europe and global energy markets will never be the same.The new world energy order will be defined by government intervention on a scale not seen in recent memory.European governments will have to work hard to avoid excessive government interventions in energy markets that might exacerbate the energy crisesActually, the increasingly threatening effects of climate change were a more significant wakeup...
Read More »Stocks make good progress, but is turbulence directly ahead?
Flows slowing. ECB rate hike and the Fed next week. The ride may get bumpy before it smooths out again in August. 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/
Read More »Links — 20 July 2022 Part 1
Asia TimesUkraine – the situation (July 20, 2022)Uwe Parparthttps://asiatimes.com/2022/07/ukraine-the-situation-july-20-2022/One WorldGermany’s Century-Long Plot To Capture Control Of Europe Is Almost CompleteAndrew Korybko, American geopolitical analyst and independent journalist based in Moscow, and member of the expert council for the Institute of Strategic Studies and Predictions at the People’s Friendship University of...
Read More »Bill Mitchell — Mask mandates should be reintroduced to stop our rising death rate
Today is Wednesday and as usual I feel as though I can roam a bit freer than usual. Today I have some great music but also my latest views on sustainable urban development and the hot topic in Australia at the moment of whether or not the Australian government should reintroduce mask mandates in certain settings given that Covid is rapidly accelerating and our death rate is now at unacceptably high levels and rising. There is a lot of guff on Twitter etc about the oppression of these sorts...
Read More »On Bottom Up Inflation Analysis — Brian Romanchuk
I have been running into comments about “top down” versus “bottom up” inflation analysis over the years, mainly on Twitter. The usual context is a conventional economist arguing that “bottom up inflation analysis is defective” for some reason or another. I have not seen a long form analysis justifying this, rather this was drive by snark. I have seen this more often as people are taking victory laps for inflation forecasting.Since I am not huge fan of the people making the comments, I cannot...
Read More »Links — 19 July 2022 Part 2
A Son of the New American RevolutionDid You Know that Russia is Still Losing the War in Ukraine?Larry C. Johnson | CEO and co-founder of BERG Associates, LLC, an international business-consulting firm with expertise combating terrorism and investigating money laundering, formerly Deputy Director in the U.S. State Department’s Office of Counter Terrorism (1989-1993, and CIA operations (1984-1989)https://sonar21.com/did-you-know-that-russia-is-still-losing-the-war-in-ukraine/The DuranU.S....
Read More »It’s bullish, but don’t get overconfident.
Yesterday saw a pretty large tax drain. This explains the pullback. You should expect to see these reactions as the market heads higher. 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/
Read More »Col.. Douglas Macgregor – Russia Ukraine latest — Douglas Macgregor interviewed by Judge Napolitano (Video 25.08)
[embedded content]Col.. Douglas Macgregor - Russia Ukraine latestDouglas Macgregor interviewed by Judge Napolitano - Judging Freedomhttps://youtu.be/hDeYaicDDbs
Read More »Links — 19 July 2022 Part 1
Reminiscence of the FutureWhy Russia Is Not Running Out Of Ammo. (See also comment by Larchmonter445. He nails it.)https://smoothiex12.blogspot.com/2022/07/why-russia-is-not-running-out-of-ammo.htmlGood Points By...http://smoothiex12.blogspot.com/2022/07/good-points-by.htmlBecause They Are Incompetent.http://smoothiex12.blogspot.com/2022/07/because-they-are-incompetent.htmlAndrei Martyanov, former USSR naval officer and expert on Russian military and naval issuesIndia PunchlineUkraine’s...
Read More »Why is the price of silver so low?
There has been a tremendous amount of speculative selling. 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/
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