Mike Norman Economics

Before you start celebrating Biden's "changed" position on Yemen. Cosmetic.SouthfrontUS Changes Its Role In Yemeni War As It Seeks To Impose ‘Peace Deal’ On Its Terms

 A step in the right direction but still a long way from "government of the people, by the people and for the people." At a minimum that would require elections being decided by a majority vote and the ending of legalized corruption. What now exists in the US is plutocratic oligarchy, specifically corporate statism aka neoliberalism.The InterceptThe “For the People Act” Would Make the U.S. a DemocracyJon Schwarz

Now that it is over.…The ConversationWhy the British abandoned impeachment – and what the US Congress might do nextEliga Gould | Professor of History, University of New Hampshire

This budget session of Parliament signals a new turn in our national politics. After decades of fighting over personalities or rival ideologies built on religious and caste identities, India is stepping into an era of clear debate on economic policies.We have seen this already, with Prime Minister Narendra Modi making an unabashed and unqualified pitch for the private sector, and Rahul Gandhi responding with not just the charge of crony capitalism, as in ‘hum do, humare do’ but also reading...

 China’s central bank has partnered with SWIFT, the European-based global system for financial messaging and cross-border payments, to set up a joint venture — a move that observers say shows China’s ambitions to take the digital version of its currency, the yuan, global.Some analysts VOA spoke to add that the development may further trigger a “hot” war between the official digital currency, often called the renminbi, and the U.S. dollar, although many agree that China’s currency still has a...

 There were times when it ended up like this on Twitter. I now just mute people when I see where it's heading. Three tweets and then the mute button. I once fought the climate change deniers for two weeks, and that's when I discovered how the conspiracy theory mind works, which forced me to rethink my own conspiracy theories. The deniers would get personal and be insulting. I was surprised at how low they would go.Another bad time is when I agreed with a science article about overpopulation....

Eat too your heart's content, unless they change their minds again. Mmmm, cheese – a food as nutritious as it is delicious. Or is it?On the one hand, cheese is an excellent source of minerals like calcium and magnesium, vitamins A, B2 and B12, not to mention being a complete protein.On the other hand, cheese is also a significant source of saturated fat and sodium in our diets. To lower saturated fat intake, consuming reduced-fat cheese is sometimes recommended to lower cardiovascular...

Good summary of the loanable funds theory and why it is wrong.Lars P. Syll’s BlogMMT basicsLars P. Syll | Professor, Malmo University

I've become maxed out on politics because I have been very active on twitter for six months fighting Western propaganda and xenophobia. I think I did quite well and I picked up loads of followers, but I needed a rest, so I started up a new twitter account for science, art, film, music, metaphysics, spirituality and no politics. You probably don't share my interests, but I think that occasionally something different on MNEs looks quite good and gives variety. Jean-Luc Godard was a French film...

There is no amount of economic weakness that cannot be cured with a sufficient amount of fiscal support, provided the real assets are there. 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