No one on the left believes the US Uyghur propaganda. When you see the people behind it, you can see why. On March 30, several figures from the U.S. government-funded Uyghur Separatist Network demonstrated outside the Chinese Embassy, calling on the U.S. Congress to pass a bill targeting China. But it wasn’t only Uyghur separatists on hand – prominent Muslim figures including Nihad Awad, director of the Council on American-Islamic Relations, joined the demonstration too. “Behind The...
Read More »Al-Masdar News — Iran’s Supreme Leader calls on military to raise its readiness after nuclear reactor incident
Add some more powder to the keg.Al-Masdar NewsIran’s Supreme Leader calls on military to raise its readiness after nuclear reactor incident
Read More »Bonds blew up everyone’s "reaction function." So funny.
Fun to watch the bond shorts get murdered and Wall Street "fancy" analysts' forecasts get turned upside down. Hate to say it, but told you so. 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
Read More »AP — Navalny“s doctor: Putin critic “could die at any moment“
The West "concerned" about Navalny. (The headline is misleading. He is on a hunger strike of his own doing. He has been told by prison authorities that he will be force fed if he continues.)Assange, who is being tortured and slowly dying? Not so much.Crocodile tears shed by hypocrites.APNavalny“s doctor: Putin critic “could die at any moment“
Read More »Associated Press — US West prepares for possible 1st water shortage declaration
Water is going to be the new gold. Blood will shed over it.Associated PressUS West prepares for possible 1st water shortage declaration
Read More »Dogecoin up 400% this week!
Dogecoin's move and that of other currencies like Bitcoin, is a manifestation of U.S. policy. It's a paradigm shift that's in its early stages. 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
Read More »Boom! Retail sales surge to a record on fiscal stimulus.
Fiscal works when done right. Money to working people as opposed to support for the rich and corporate profits. 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
Read More »Wall Street analyst says market has topped.
Using language like "priced in," and "stimulus has peaked." 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
Read More »Did you sell on the J&J news?
Headline traders dumped shares on the J&J vaccine news. The smart money bought. 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
Read More »China Still Needs Expansionary Economic Policy — Yu Yongding
To consolidate its post-pandemic growth momentum in 2021, China should not be in a rush to exit from expansionary fiscal and monetary policy. The government may have to issue more bonds than planned, and the People’s Bank of China may need to implement quantitative easing to facilitate this.The phrase "implement quantitative easing to facilitate this" means that the central bank purchase the portion of the issue required to support the market. This is consistent with MMT's overt monetary...
Read More »