Mike Norman Economics

Typical Fed meeting and ambiguous communication (which I don't pay attention to), but most now think the Fed is getting ready to taper November. 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/

Market is in the process of adjusting to a slowdown in fiscal support, but nothing catastrophic. Nevertheless, stocks will head down for a while. 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/

China property developer Evergrande may provide a believable excuse for some to sell stocks, but the real reason the market is going down is tied to what I've been saying here over the past few weeks. 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:...

 I think I put the Economics Explained video about how the Netherlands had the highest wealth inequality in the world, although its income enequality was one of the lowest. It didn't seem to make sense, but when I thought about it I saw that it was possible how the gap in wages between the top and lowest earners could be small, say between CEOs and waiters, but company owners could still earn terrific wealth, like the way rock stars could, or authors of some of the world's biggest selling...

Isreal covid rates explained.Why the vaccines are effective, and still are effective. You need to take age and the amount of people vaccinated into consideration. Anti-Vaxxers on social media are trying to say the vaccines don't work, or worst still, may even be a leading cause of death. As usual, these people don't care for science or research, just the headlines will do. There is 90% vaccination rate in Israel among older people. The vaccines are 90% to 95 % effective, but there are still...

Why don’t they put the bus driver jobs in a job guarantee and then people will just show up to do that?  Or just include munnie for the school bus driving in the $3.5T infrastructure bill then people will magically show up?  Massachusetts’ governor has activated the state's National Guard to help bus students to school. Districts across the U.S. are struggling to hire enough bus drivers, complicating a school year already beset by the ongoing pandemic. https://t.co/bAwnekrySc— The Associated...

Bannon REALLY trying to fire up the MAGA base for a govt shutdown then eventually a default on debt ceiling….

The universal human need for mental control disrupts our quality of life.Mankind needs an off switch because this could promote healing, but our minds evolved to be constantly aware of danger, so the harder you try to banish negative thoughts, the more they come back, and in chronic situations, it can kill you. The system can go wrong, but the way to healing is through hobbies and things to do. The inability to escape from unpleasant thoughts has a major impact on many people’s quality of...

Credits to Weiwei Dia - Twitter 

 No comedy this week but we do have the Mad Drummer.[embedded content]The Mad Drummer