Mike Norman Economics

I don’t say this lightly, and I don’t say it WILL happen. I don’t know if it will. But the conditions for it are there....Ian WelshTrump Has Proven The US Is Ripe For A Right Wing Coup

Even by the standards of the past four years, the dismay among U.S. allies came strong and fast on Wednesday, as the chaotic—even terrifying—footage of Trump supporters breaching the Capitol building in Washington, D.C., blew apart regular programming around the world, and millions sat glued to their televisions for hours, aghast as the events unfolded.Leaders across Europe took to Twitter to express their outrage at what they were seeing....Gérard Araud, former French ambassador to...

OK, I couldn't resist the headline.PoliticoTrump’s America Becomes One of Those ‘Shithole Countries’John F. Harris

We gotta heal as a nation. Trump is too divisive. 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

Exchange Stabilization Fund $40b clawback yesterday.... negative withdrawal from TGA....  TGA still being held above $1.6T ... 

 The United States Congress is meeting today to formally count the Electoral College votes in the 2020 presidential election. Under normal conditions, this process is a formality. Today’s vote, however, takes place under conditions of an active and ongoing effort by President Donald Trump to stage a coup d’état, nullify the results of the election and establish a presidential dictatorship.Trump, with the active support of a majority of Republican House members and a substantial number of...

I never thought I would see anything like this?Dan Cohen - #StopTheSteaI protesters are saying police shot and killed a woman. One man has a bloody hand and claims to have first hand video of the incident. He shows me in his phone. [embedded content][embedded content]

Thus, both contests have conformed to political scientist Thomas Ferguson’s “Golden Rule” of politics: that the party that spends the most almost always wins the election. Ferguson’s 1995 thesis, “The Golden Rule: The Investment Theory of Party Competition and the Logic of Money-Driven Political Systems,” argued that elections are essentially contests between rival big businesses and that the two political parties compete to serve those who pay them, not the public. Nearly 20 years later, a...

Backgrounder. Longish.Qiao CollectiveThe War on ChinaIzak NovakSee alsoNEOWashington’s Fingerprints All Over Mongolia’s 2021 Presidential ElectionVladimir OdintsovSee alsoSputnik InternationalChina Warns US Against Meddling in Border Stand-Off With IndiaSee alsoZero HedgeMarines Step Up Training For China With Island Exercises Off Japan's MainlandTyler DurdenSee alsoAmericans only care about America while their rulers only care about the rest of the world. This is entirely by...