Mike Norman Economics

I don’t have time today for a full review of the Fiscal Monitor publication.But suffice to say, the tone coming out of the IMF has shifted significantly from when it was leading the charge in destroying nations and increasing income and wealth inequalities.Don’t think for one minute, however, that the institution has abandoned mainstream macroeconomic thinking.It hasn’t.But it has opened a sort of schizoid image – talking about, on the one hand, a global innoculation program “paying for...

Super Scary Abandoned CastleTower at Five Corners, Vladimir, Russia Taj Mahal at sunrise Sunrise, Dolomites, Italy San Francisco, City HallCanned MusicCoastline SunsetOat House by river

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JPM stock +5% .... big deal....Commodity prices over last year...Lumber: +265%WTI Crude: +210%Gasoline: +182%Brent Crude +163%Heating Oil: +107%Corn: +84%Copper: +83%Soybeans: +72%Silver: +65%Sugar: +59%Cotton: +54%Platinum: +52%Natural Gas: +43%Palladium: +32%Wheat: +19%Coffee: +13%Gold: +3%— Charlie Bilello (@charliebilello) April 20, 2021

Some people cannot stop hyperventilating about the Fed. And it's all based on ignorance. 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

Winning.Tom DispatchBiden’s Anti-China Ambitions — A Reality CheckDilip Hiro

 Ditch the tea at mealtimes? That won't be easy after a lifetime of enjoying a cuppa after a meal. I bought some nice Red Bush (Roibos) tea the other day, though, which is said not to affect mineral absorption. Anyway, I'm not 65 yet, although not long to go. This is to maintain muscle and bone density. Adults aged 65 and above have been advised to avoid consuming tea with meals, start taking a Vitamin D supplement and eat a more protein-dense diet to stimulate muscle growth.Written by the...

Of course, these media outlets are "Russian-sponsored" according to the US government, so it's probably all "disinformation" as part of Russia "hybrid warfare," right?Reading on, it's really about justifying the 1.5 trillion budget to upgrade the US nuclear capability.Sputnik International (Russian state-sponsored media)STRATCOM Casually Posts Context-Free Tweet About Nuclear War Being Seen as ‘Least Bad Option’See alsoThis post is mostly about the nuclear threat coming from a shift in US...

Did Patreon receive a visit or it is just being "patriotic." Whatever, it is chilling. Narrative control at any price.This kind of thing is characteristic of wartime. Just sayin'.SouthFrontWar On Freedom Of Speech: Patreon Banned SouthFront AccountSee alsoWho "lost" Russia? Hint. It started with Clinton's bombing Serbia and breaking the verbal promise to Gorbachev that NATO would not move eastward toward Russia.  It's all been downhill since.China is waiting with open arms.The Vineyard of...

When the British Office of National Statistics published the January 2021 trade figures in March, the first after Brexit was finalised, they showed a 42 per cent decline in UK exports to the European Union. Exports fell by £5.6 billion and imports fell by 28.8 per cent or £6.6 billion. it was the worst monthly drop since records were first published on a monthly basis in 1997. The Remain crowd went berserk and the ‘I told you so’ chorus was raucous. I wonder where there voice has gone now...