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Mike Norman Economics

RT — ‘Only the strong will survive’: Texas city mayor resigns for lashing out at residents asking for help during deadly storm

"Incentive." RT‘Only the strong will survive’: Texas city mayor resigns for lashing out at residents asking for help during deadly stormSee alsoHouston ChronicleTough-guy Texas mayor tells residents 'fend for themselves' and resignsMatt YoungAlso at the Houston ChroniclePerry says Texans willing to suffer blackouts to keep feds out of power market James OsborneSee alsoHigher prices during periods of scarcity to fund cap ex was the plan. Here is the paper.ON AN “ENERGY ONLY”ELECTRICITY MARKET...

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Flying Car Stocks Are Going Viral In 2021 — Alex Kimani

Flying cars, also known as electric air taxis, have been around us for a long time thanks to sci-fi staples such as "Back to the Future" and "The Jetsons." But with major brands like Boeing (NYSE:BA), Airbus (OTCPK:EADSF), Hyundai and Toyota (NYSE:TM) now promising to whisk riders through the skies in flying taxis and receiving a heady dose of Wall Street endorsement, the dream is increasingly getting closer to reality….OilpriceFlying Car Stocks Are Going Viral In 2021Alex Kimani

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MMT economist Stephanie Kelton: “Donald Trump changed the terms of economic debate” — George Eaton

I asked Kelton whether she believes Donald Trump has changed the terms of economic debate. “Absolutely. When he passed the $1.9trn tax cuts in 2018, which everybody knew were going to increase the deficit, I saw Senator Sanders, and he said to me, ‘Is this you? Did you do this?’ And I replied, ‘It’s a good thing. It’s a good thing in that it’s going to show you can make use of the budget when you have power to carry out your agenda.’”...Credit where credit is due. Of course, DJT had a...

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What’s up with gold? Why is it lagging?

Producer selling, but that doesn't mean longer bull move is over. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman

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Russia holds the key to German sovereignty — Pepe Escobar

Pepe Escobar emphasizes correctly power (soveriegnty) but de-emphasizes money. The adage is to follow the power and the money. European business in particular those of "old Europe" (France and Germany) are very much committed to not loosing the Eurasian and Asian markets. Through economic warfare, chiefly sanctions, the US is presenting the choice as "us or them." While the EU and NATO bureaucracies are chiefly interested in power and are committed Atlanticists, the money is looking both...

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