Mike Norman Economics

 With only 9 years left to halve global emissions, this episode explores why we should reframe climate change as a climate crisis. We take a look back at all the COPs of the past, the crucial turning points of the Paris climate agreement, and the 2018 IPCC report in order to understand why COP 26 this year in Glasgow is so important in our attempts to limit temperature rise.[embedded content]Why we have less than 9 years left to save the planet!

Saturday Night Comedy Club  While Christmas shopping in department store, Ted and Dougal accidentally wander into what turns out to be the largest lingerie section in Ireland, prompting Ted to worry that there will be a scandal if they are discovered. As they try to find the exit, they run into six other priests, and Ted ultimately leads their escape in an unusually heroic fashion.[embedded content]Father Ted - The Wrong Department

 KV Tweet Printed money can be an investment, as it creates demand, which produces more jobs, which means more taxes are collected, and then the govt gets its money back. Win, win! The British government has never paid off the £1,200,000 loan that created the Bank of England in 1694. In exchange it gave the merchants who provided the money the exclusive right to print banknotes against this debt, giving birth to the central bank and much of the architecture behind the world’s financial...

 Or, why Keynesianism and functional finance demand politics.Until the neoliberals became so dominant in politics, the conservatives, being pro the establishment, authoritarian, and with a tendency towards xenophobia, would usually support all of the ruling class’s wars, but now as many the establishment are very wealthy liberals, the conservatives, who call them the elites, the globalists, and communists, are now less supportive of their wars. The conservatives also accuse the 'elites' of...

A Belgian virus expert has scared the Internet by claiming the COVID-19 vaccines will doom humanity. No need to panicNo need to worry about leaky vaccines - the virus mutates faster in unvaccinated people.The COVID-19 pandemic has attracted a swarm of vocal contrarians like little else in the recent past. These public commentators, often bedazzled with advanced degrees, have painted themselves as brave mavericks escaping from the mainstream herd to denounce the cataclysmic consequences of...

Ok that’s not 4% that is FORTY … 4-0 … percent.Ok so let me get this straight… the worlds largest automotive production firm is imminently going to reduce production by 40% (again that is not 4% that is 4-0 percent)  and the inflationistas think the Fed should (to them)  “reduce accommodation!” because things are going too well?  The party is getting so out of bounds the Fed will have to “take away the punch bowl!” ?  Are they insane?Toyota could care less what interest rates are they don’t...

 I don't have many fears, just going up high ladders and AI. According to research published in the journal Origins of Life and Evolution of Biospheres, blockchain technology might already be alive. Of course, not in the same way as humans are, but in a way that fits some definitions of life. And not only might it be alive, but it could surpass our own  biological lives in terms of evolutionary adaptability and development.[embedded content]https://youtu.be/DK0a-S1da8AIt won't be Elon Musk...

Fiscal flows are too strong, at least right now. We should see new highs in the market soon.

Investor perception about monetary policy has been pushing the dollar higher, but the fundamentals that actually drive exchange rates are bearish for USD.

The July CPI report for Canada, and as expected, the annual rate of inflation remains high courtesy of comparisons to lockdown pricing in 2020. I am largely on the side of “Team Transitory”: the punchy annual inflation rates will subside once we are past weak comparisons, and some of the supply disruptions are cleared....Bond EconomicsCanadian Shelter Inflation Poses DifficultiesBrian Romanchuk