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Mike Norman Economics

More tax related liquidity drain! $118 bln sucked out since June 10.

April was a huge hit. May, we started to get some relief, but only in the second half of the month. Then, WHAM! we just got hit again with more gargantuan tax driven liquidity drain. Market cannot rally with this. 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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Links — 22 June 2022 Part 2

1945Russia May Win the War in Ukraine (Col. Douglas Macgregor: Russia already won the war some time ago. But at least Lt. Col. Davis is on the right page, which most analysts are not yet.)Lt. Col. Daniel L. Davis (USA ret.), Senior Fellow and Military Expert for Defense PrioritiesMoon of AlabamaThe Neocon's Dream - Decolonize Russia, Re-colonize China (break Russia up into its federated states and break China up into manageable states. BTW, this is a longstanding objective of Western...

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Links — 22 June 2022 Part 1

CaitlinJohnstone.comLet’s Fight WW3 Over Lithuania: Notes From The Edge Of The Narrative Matrix (about the propaganda machine aka "the Mighty Wurlitzer"— "Deputy Director Frank Wisner proudly referred to the CIA's worldwide propaganda machine as 'the mighty Wurlitzer.'")Caitlin Johnstone https://caitlinjohnstone.com/2022/06/22/lets-fight-ww3-over-lithuania-notes-from-the-edge-of-the-narrative-matrix/The Vineyard of the SakerSitrep Operation Z: Cauldrons and FatigueThe Saker...

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Bill Mitchell — Who would be so stupid to advocate deliberately puting 2.3 million workers out of work? Guess who?

It’s Wednesday and I am pushed for time today. My local community is in the last stages of trying to stop a massive overdevelopment in our midst, which will damage the social cohesion and environmental amenity in our neighbourhood, while delivering massive profits to a greedy property developer. I have to appear before a tribunal today to document the impacts of the development on these things. Property developers are the scourge. So are mainstream economists like Larry Summers who is...

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Links — 21 June 2022 Part 1

Asia TimesBiden loses the inflation blame game (not MMT-compliant but useful anyway)David P. Goldmanhttps://asiatimes.com/2022/06/biden-loses-the-inflation-blame-game/One WorldDebunking The Disinformation About Putin’s Comparison Of Himself With Peter The Great ("The disinformation dimension of the MSM’s “reporting” was to decontextualize this, twist it around, and then misportray his words as some supposedly shameless admission of blatant imperialism in the 21st century." This is a commonly...

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