Mike Norman Economics

Diesel fuel demand (commerce) and rising unemployment benefit flows. 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/

Michael Roberts Blog — blogging from a marxist economistThe global solution: private or public?https://thenextrecession.wordpress.com/2022/06/29/the-global-solution-private-or-public/Gold Goats 'N GunsThe G-7 Squawks But They’ve Already Lost the War Against RussiaTom Luongohttps://tomluongo.me/2022/06/29/the-g-7-squawks-but-theyve-already-lost-the-war-against-russia/Zero HedgeDemand Destruction Emerges As Americans Cancel Road...

A Son of the New American RevolutionNATO’S Meaningless Military Gestureshttps://sonar21.com/natos-meaningless-military-gestures/Why Russia Doubts NATO’s “Good” Intentionshttps://sonar21.com/why-russia-doubts-natos-good-intentions/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...

Painted with a very broad brush, but an interesting summary. It's short and on point. Summary: Marx was focused on the long-term, historical nature of capitalism that gave capitalism its law-like behavior, making it predictable, while Keynes was focused on the short-term, political challenges of capitalism that he believed policy measures could overcome. However, their analysis of key issues is remarkably similar, at least in outline.Global Inequality And MoreA short essay on the differences...

It’s Wednesday – a day for a few short comments and then relaxing to music. Today I consider some statements from the Bank of International Settlements, which suggest that the mainstream inflation approach, based on the New Keynesian Phillips curve is subjected to “serious practical shortcomings”. In other words, it is unfit for purpose, which means you should not be surprised that central banks are hiking rates to stifle a transient supply-side inflation burst. Quackery leads to quackery. I...

Reminiscence of the FutureAnd That Is Important Exactly How?http://smoothiex12.blogspot.com/2022/06/and-that-is-important-exactly-how.htmlThey Ran From Lysichansk...http://smoothiex12.blogspot.com/2022/06/they-ran-from-lysichansk.htmlAndrei Martyanov, former USSR naval officer and expert on Russian military and naval issuesMoon of AlabamaAnother Zelensky Lie Debunked - White House Says Ukraine Must Give Up Territory (Zelenski is just the mouthpiece between the US and the Ukrainian right...

Tax drain is now an everyday feature, with a few exceptions every month. However, those are not enough to avoid recession and rising unemployment. 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/

On global realignment. Important.The CradleBehind the Tin Curtain: BRICS+ vs NATO/G7Pepe Escobarhttps://thecradle.co/Article/Columns/12393

This is a widely held belief and behind a lot of the current bearish positioning… (lol I’d like to ask them then why prices collapsed 40% when they first increased the reserves at Depositories in March 2020)Now they are of course predicting a catastrophic collapse when Fed starts to decrease reserve balances… which btw the Fed haven’t even done yet in June when this is the month they have been saying they are going to decrease assets, excerpting from Mike’s MMT Trader report this week:“Fed...

Moon of AlabamaNewsbits on Ukraine - Lysichansk Cauldron, Civilian Damage, Reserve Troops, Russian 'Default'https://www.moonofalabama.org/2022/06/newsbits-on-ukraine-lysichansk-cauldron-civilian-damage-reserve-troops-russian-default.htmlReminiscence of the FutureThe Endspielhttp://smoothiex12.blogspot.com/2022/06/the-endspiel.htmlAlex Gives A Good Aye-Yai-Yai On G-7, Larry About Denazification And Something...