Mike Norman Economics

Fiscal flows look like they are slowing, but that may only be until next week. Best thing right now is to wait for more data. 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/

Backgrounder.Asia TimesA Saigon moment in the Hindu KushPepe Escobar

It’s Wednesday, and I have been filming most of the day some of the material that will appear in the next set of course material offered by – MMTed. We hope to offer some new courses later in September. But progress is slow (see below). Today, I provide some brief comments on my response to the Federal government’s latest – 2021 Intergenerational Report – which is one of the ridiculous, smokescreen-creating exercises that allow the government to avoid political responsibility for its fiscal...

Guy makes some good points… Hard to see anything getting done by month end….  He has debt ceiling being dealt with in September/October…..  June deficit just ended was 220b so if TGA is 450b at end July then they can go at least 2 months at that USD savings rate till they’re out of money so that’s into October…20 Senate work days until the August recess. That's 20 days to deal with HR1, voting rights, police reform, infrastructure, etc. Focus in Sep-Oct will shift to budget, debt ceiling,...

Uh oh!!!Inflation fears may be starting to pass: Morning Briefhttps://t.co/pTjCuqNnw2 by @MylesUdland pic.twitter.com/tNArDnxFuo— Yahoo Finance (@YahooFinance) July 7, 2021

Paper presented at Valdai Club (Russia).Michael Hudson — On Finance, Real Estate And The Powers Of NeoliberalismMoving Beyond Dollar HegemonyMichael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Guest Professor at Peking University

You don't need intense, micro, deep-dive analysis to know when there's opportunity. When opportunity is obvious, it's obvious.

US demographics according to a recent Pew poll.The WeekThe GOP's main voter bloc is shrinkingDavid Faris

 A new Covid-19 strain that is much more dangerous than the Delta variant has been detected in more than 30 countries in the past four weeks, says the Health Ministry."The Lambda strain was reported to have originated from Peru, the country with the highest mortality rate in the world," it said in a tweet on Monday (July 5)The Daily Star‘More dangerous than Delta': Lambda strain detected in over 30 countries, says Malaysian health