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Mike Norman Economics

The Day of Reckoning

Oh, my! American politics.PoliticoTrump leaves QAnon and the online MAGA world crushed and confusedTina Nguyen and Mark ScottBuzzFeedQAnon Faithful Believed Biden Would Never Be President. Now They’re Shocked, Heartbroken, And Angry.Paul McLeodThe Guardian — WorldQAnon's 'Great Awakening' failed to materialize. What's next could be worseJulia Carrie WongAlso The Vineyard of the SakerZone B exists, thus there is hope, I promise you!The SakerAlsoSic Semper TyrannisLarry Johnson: Why Doesn't...

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What caused the 2008 housing market "crash."

It was a failure of a proper response. It could have been avoided. 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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The Internet Versus Democracy — Stephen S. Roach

More paradoxes of liberalism. What happens when freedom is not balanced by responsibility and rights with duties? It's increasingly on display in the US.Project SyndicateThe Internet Versus DemocracyStephen S. Roach, a faculty member at Yale University and former chairman of Morgan Stanley AsiaSee also at PSWithout realizing it, Jeffrey Sachs pits a particular view of liberalism against various traditionalisms, assuming that liberalism is a quasi-religious dogma*, whereas many...

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Links — 20 Jan 2021

Sixth Tone (the reformed CCP)The Decades-Old Move That Got the CCP Through the COVID-19 Crisis Zhou KaiBRICSNavalny is a power-hungry, unpopular politician: not Russia's MandelaJohanna Ross, journalist based in Edinburgh, ScotlandIrrussianalityIronicPaul Robinson | Professor, Graduate School of Public and International Affairs at the University of OttawaOilpriceWestern Companies Abandon Russia-Led Nord Stream 2 ProjectTsvetana ParaskovaProgress in Political Economy (long)Revisiting...

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Janet Yellen. She was good, then maddening.

Janet Yellen should know something about interest rates and how they are set. She ran the Fed. So maddening. 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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You Can’t ‘Just Build Your Own Twitter’ — Robert Mariani

We’re seeing the beginnings of what unambiguous power looks like. Corporate donors are dropping the GOP, throwing away an intimate, decades-long DD/lg relationship. But perhaps more important is the wave of unprecedented internet censorship that included the digital death penalty for Trump and his allies, and also for any users who continue to make claims of election fraud. This was seemingly coordinated among the entire now-private public square, and private companies are of course allowed...

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Links — 19 Jan 2021

The Hill (Harvard CAPS/Harris Poll survey released on Tuesday)Two-thirds say the election was fair: pollJulia ManchesterSputnik International (Let's see how Biden does.)Trump's Farewell Address: 'Especially Proud' to Be 1st President 'in Decades' With 'No New Wars'The Last RefugePresident Donald J Trump Delivers a Farewell Address – Video and TranscriptSundanceZero Hedge (~30% of Republicans are die-hard Trump supporters)McConnell Sparks GOP-Split Talk, Claims "Mob Was Fed Lies...Provoked By...

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Political Posturing [and Inflation] — Brian Romanchuk

I am in awkward position with respect to political economy. I believe it is important, but do not like writing about it. (This can be explained that my unusual political biases probably only make a handful of people happy, which is not a great marketing strategy.) However, if we want to talk about the multi-year prospects for inflation, we need to dip into politics....Bond Economics Political PosturingBrian Romanchuk

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