Mike Norman Economics

Keep your head when others around you are losing theirs. Selling when the market is down 20% is a good way to ruin yourself. Stocks will overcome inflation. There are lots of good names on sale. 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/

1945There Is No Military Path for Ukraine To ‘Defeat’ RussiaLt. Col. Daniel L. Davis (USA ret.), Senior Fellow and Military Expert for Defense Prioritieshttps://www.19fortyfive.com/2022/06/there-is-no-military-path-for-ukraine-to-defeat-russia/India PunchlineNext 100 Days of Ukraine WarM. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassadorhttps://www.indianpunchline.com/next-100-days-of-ukraine-war/Moon of AlabamaMedia Tune Down Ukraine Hysteria - Continue...

Although neoclassical macroeconomic theory does its utmost to obfuscate matters, monetary policy in practice is straightforward: central bankers react with a lag to economic data, and if they are panicked about inflation, they hike rates until something breaks. Although that description is more flippant than how conventional economists would describe the situation, it probably represents a consensus view. However, there is a hidden complexity: do things “break” because of rate hikes, or do...

Levy Summer School -UpdateAs I mentioned last week, I cancelled my travel plans to personally attend this educational event due to rising Covid numbers in the US and the travel advisories issued by the Australian government.That meant that two of the planned sessions would have been difficult – discussion panels and so my sessions now, which I will deliver remotely are (the times are New York State times):Thursday, June 16 10:30-12:00 – The Buffer Stock ApproachFriday, June 17 15:15-16:15 –...

[embedded content]"It's a very dangerous situation. We are dealing with a super power" - Douglas MacGregorhttps://youtu.be/8AwWhJ4JP_sSee alsoReminiscence of the FutureWhat Worries Me, Really...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...

A  Son of the New American RevolutionUkraine’s War of AttritionLarry 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/ukraines-war-of-attrition/TurcopolierIs Ukraine Losing? By...

Reminiscence of the FutureAnother "No Shit" Post.Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issueshttp://smoothiex12.blogspot.com/2022/06/another-no-shit-post.htmlThe National InterestBuilding a Lasting Settlement for UkraineGilbert Doctorow, Ph.D. in Russian history at Columbia, 25-year career in international business focused on the USSR/Russia, and author of two-volume Memoirs of a Russianist; and Nicolai N. Petro, Professor of Political Science...

America’s foreign policy goals are often self-serving, while its designs for a rules-based international order primarily reflect the interests of its business and policy elitesWhat’s good for the US may not be good for the world. The sooner Washington recognises that, the better...South China Morning PostIn the eyes of others, the US is not the benign power it thinks it isDani Rodrik | professor of international political economy at Harvard University’s John F. Kennedy School of...

Asia TimesUkraine – The Situation (June 11)Uwe Parparthttps://asiatimes.com/2022/06/ukraine-the-situation-june-11/Moon of AlabamaUkraine Bits: No Ammo, More Casualties, Thin Lines, Propaganda And Passing The Buckhttps://www.moonofalabama.org/2022/06/ukraine-bits-no-ammo-more-casualties-thin-lines-propaganda-and-passing-the-buck.html#more1945The Hard Truth About the War in Ukraine (And Why U.S. Policy Must Change)Lt. Col. Daniel L. Davis (USA ret.), Senior Fellow and Military Expert for...

Wow.  This is a really really really bad number…. Really bad…  And the Democrat strategy to combat this is?   Wait for it….  Monetarism!  😂GOP with their whole “stagflation!” schtick is absolutely OWNING the Dems…. But don’t worry leftoids here the Dems are going to judo the GOP using their own Milton Friedman against them!US Consumer Sentiment Index is at the lowest ever recorded since they started collecting data in 1952 pic.twitter.com/6owfa8iJx2— hidflect (@hidflect) June 10, 2022...