Mike Norman Economics

Last week, I wrote about how the IMF is presenting a somewhat nuanced view these days. See – IMF now claiming continued inequality risks opening a “social and political seismic crack” (April 21, 2021). But, there was a warning for those who might think this suggests the institution is leaving its mainstream macroeconomics past behind them though. Rather, I think what is going on is a series of ad hoc responses to the growing anomalies that the institution faces between the observed reality...

My videos are not political; they are about policy. I speak about the current reality of how politics affects the economy and markets. 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

 An interesting article on the Opium Wars. Here's What You Need to Know: China will never forget its humiliation at the hands of the West.In 1839, England went to war with China because it was upset that Chinese officials had shut down its drug trafficking racket and confiscated its dope.The National Interest Sebastien Robin - "Century of Humiliation": China Hasn't Forgotten the Opium Wars

Some links were posted previously. Here is the entire 3-part series on US policy  and its implementation from WWII through the Kennedy administration.While this is an interpretation, it is well-documented.Rising Tide Foundation (Canada)Return of the Leviathan: The Fascist Roots of the CIA and the True Origin of the Cold WarThe U.S. Pivot to Asia: Cold War Lessons From Vietnam for TodayA Damned Murder Inc: Kennedy’s Battle Against the LeviathanConnie Chung

This unrealized gain has  bottomed along with recent bottom in USTs.  If  it goes back to old highs then bonds will too...

I spent many years as a member and floor trader on 4 exchanges. Here's how you can do it in the current era of electronic trading. 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

Trump flipped the script... would not be happening without trump... Biden admin continuing this Trump MAGA policy as well as many others... If you took an opinion poll about this, do you think Americans would agree with the Biden administration? My guess is, they would, even most people who say they scorn nationalism. The nation state is still king. https://t.co/gxebd4USTy— Zaid Jilani (@ZaidJilani) April 24, 2021

Dandelions from a bugs perspectiveThe Master of the UniversePeaceful sleepHale House, Heritage Square Museum, Los Angeles Aspen, Colorado Mount FujiQuaint rural cottage Autumn view through a leafHummingbird in flight Son of a woodcutter, Eden Mills, Vermont, colourised, 1936 

Hawks vs the Doves  The Western way to wealth : imperialism, wars of acquisition, piracy. A zero sum game. China’s way to weath: invest to grow the economy: invest in infrastructure and the people (education) - a plan for all poor countries. People create wealth. A wealthy Africa means more customers. Win, win. Invest in protecting the environment - the long term returns will be good. [embedded content]

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