Mike Norman Economics

Bank credit will be the next driver of economic activity. Loans are starting to accelerate. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/

 How to scuttle relations right out of the box in choosing diplomats.First, the Biden administration sends Victoria Nuland to negotiate with Russia, and now is proposing an outspoken China hawk as ambassador to China. Beyond dumb unless you want to program the outcome to fail, where in your own mind failure of better relations is success. A similar situation is unfolding in negotiations with Iran that guarantee no deal.The US is sounding more and more like the British Empire before its...

The method is revealed by the numbers. China is tightening ship.MacroPoloIs There a Method Behind China’s Tech Crackdown Madness?Ruihan Huang

Interesting comment from a PhD economist. Seemed to completely lack an understanding of where savings come from.

Fiscal flows picking up. Good news for stocks and economy. Inflation will fall. I will be on RT tonight at 7pm.

The three quotes above are from, respectively: 1. William Godwin 2. Charles Wentworth Dilke 3. Karl Marx. There was a very pronounced influence of Godwin on Dilke and of Dilke on Marx (hence indirectly of Godwin on Marx). My research suggests that viewing Marx's work from the perspective of Dilke's major influence reveals both hidden strengths and weaknesses in Marx's critique of political economy....Leisure is freedom. "Capitalism" has greatly increased freedom, although unequally. But it's...

 There are two different creation stories in the Bible, and they are quite different to each other. Joel Baden believes that the people that put the Bible together deliberately wanted it to be ambiguous, so that meaning could be a matter of interpretation. Joel Baden (Professor of Hebrew Bible Yale University) spoke at the 2013 Nantucket Project. Nearly 80 percent of all Americans think the Bible is either literally true or is the inspired word of God. And yet, most Americans have no idea...

[embedded content]Sorelle Amore - This company owns the world, (and it's our fault) - BlackRock

 The Democrats won the election with a number of popular policies, but the corporations don't like them, so they have been watering them down. The US is run by an oligarchy, says Michael Hudson, and is probably a failed state. Now we have people from the coal industry designing climate change policies. The Biden Administration is intertwined with Wall Street but must deliver some election promises to workers. Michael Hudson joins Paul Jay on theAnalysis.news[embedded content]Analysis News -...

 Climate change deniers are pushing 'Climate Lockdown' conspiracy theories - a term they invented. They know the lockdowns have been unpopular, so they are tagging their conspiracy theories onto them, hoping people will reject proposals to combat climate change. I've noticed some people on the populist left talking about climate lockdowns too. Today US Vice-President Kamala Harris is travelling to Lake Mead in Nevada to talk up the President’s climate agenda. It’s the biggest reservoir in...