Mike Norman Economics

China's intellectual property (IP) office led the world in 2020 by reporting 1.5 million patent applications, 2.5 times more than the United States, which ranked second, the World Intellectual Property Organization (WIPO) said on Monday....Industrial design is another area where China has taken the lead, followed by the EU, South Korea, the United States and Turkey.... ECSNChina files 2.5 times more patent applications than U.S. in 2020: WIPOXinhua (Chinese state-sponsored...

Are workers taking note?Sputnik InternationalSuperyacht Sales Surged in 2021 as Billionaires Added Trillions in Wealth Amid Pandemic - Reporthttps://sputniknews.com/20211109/superyacht-sales-surged-in-2021-as-billionaires-added-trillions-in-wealth-amid-pandemic---report-1090578304.htmlAlso at ATThis could benefit China. All it would lose is some low-end manufacturing, which would move to lower labor cost countries like Vietnam and Bangladesh. Two articles published by Chinese state media...

Inflation control. All the talk of decoupling is nonsense.  The US and Europe are dependent on the world's factory for both intermediate and final goods.Asia TimesUS and EU economies hang on Chinese importsDavid P. Goldmanhttps://asiatimes.com/2021/11/chinese-exports-support-global-supply-chains/

Record American natural gas exports amid sluggish domestic production growth have raised prices for the fuelThe U.S. benchmark price Henry Hub has more than doubled since the beginning of 2021A total of 48 percent of U.S. homes will pay 30 percent higher bills for heating this winterOilpriceU.S. Consumers To Foot The Bill For Surge In Natural Gas ExportsTsvetana Paraskovahttps://oilprice.com/Energy/Crude-Oil/US-Consumers-To-Foot-The-Bill-For-Surge-In-Natural-Gas-Exports.html

Fiscal, monetary, inflation, rates...bullish conditions all the way around.

The next CBO score could derail the president’s agenda. The agency has too much influence over public policy. But don't hate the players....The LensHate the GameStephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, and an economic adviser to the 2016 presidential campaign of Senator Bernie Sandershttps://stephaniekelton.substack.com/p/hate-the-game

The gas line consists of two strings with the total capacity of 55 bln cubic meters per year.TASS (Russian state media)Nord Stream 2 ready for launch — Gazpromhttps://tass.com/economy/1358775

We have to keep this going.

All the support and encouragement I received from all of you made me realize some very important things.

I was blown away by all the outpouring of support and encouragement in response to my last video. I feel so lucky to have you all. Words cannot express my appreciation, other than the word love. I love you all.