Mike Norman Economics

 How to deal with Iran intelligently instead of stupidly. Remember the Obama Doctrine: "Don't do stupid shit."Backgrounder, too.CounterpunchHow to Do “Regime Change” Correctly: a Blueprint for the Biden AdministrationSasan Fayazmanesh

GameStop.Multiplier EffectJiu-Jitsu Comes to the Stock MarketJan Kregel, director of research at the Levy Economics Institute, director of the Levy Institute master's program in economic theory and policy, and head of the Institute's Monetary Policy and Financial Structure programSee alsoZero HedgeGameStop Squeeze Was Helped By 34 Year Old YouTubing CFA Who Turned $50,000 Into $48 MillionTyler Durden

The European Union recently announced a new economic plan, focused on strengthening the euro as a world reserve currency opposed to the dollar, including in its project targets such as the issuance of special euro bonds and the creation of a digital euro. All the countries in the bloc are called upon to foster the growth of the euro as a method of protecting the European financial system. Although the decrease in the use of the dollar is a recent global trend, it is necessary to investigate...

It didn't take long for the tables to turn once again. Robinhood shuts down trading in Gamestop and AMC, forcing liquidation only to protect the losing billionaire run hedge funds. 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

Political ploy. (short)New WaylandPlanning for Tax RisesNeilW

Pushing the "color revolution."Either delusion or hybrid warfare, or both? Whatever, it doesn't appear to be normal behavior.Secretary Blinken asserts, ""It remains striking to me how concerned and maybe even scared the Russian government seems to be of one man, Mr. Navalny." It is striking to others how the US appears to be so afraid of Russia and its leader.Zero HedgeUS Weighing Action Against Russia For Navalny Detention: Secretary Of State BlinkenTyler DurdenSee alsoThe trick for the...

The sudden attention being given to the gyrations of Game Stop stock prices has caused all sorts of hand wringing within the hallowed walls of high finance. In typical fashion the people who like to carry on their trading and associated activities beyond the public gaze are all a twitter because a bunch of apparently crazy outsiders are not adhering to the sedate rules of the game. This produces truly odd results. Normally virulently anti-government voices are suddenly calling for SEC...

According to the Kremlin spokesman, large Internet companies are becoming platforms for echoing calls to hold illegitimate activities, that’s why they are warnedThe fine line between liberty and license, freedom and responsibility, rights and duties, individual and social, personal freedom and the rule of law.It seems that advocating illegal activity, promoting it,  or enabling it may be stepping over the line.TASSKremlin: Internet companies may be penalized for allowing calls for...

China's red line just got drawn redder.This is probably the biggest risk:Earlier this week Reuters observers painted a picture of each side flexing its muscles in a dangerous build-up which itself could trigger inadvertent war, given the number of aerial and naval assets potentially crisscrossing….Zero HedgeChina Tells Taiwan "Independence Means War" As Rival Wargames OngoingTyler Duden

Kiss of death? Maybe he'll be buying tulip bulbs soon too."Crypto" is being hyped not as currency in the sense of a unit of account, a medium of exchange, or a record of debt,  but rather as an asset class in the sense of being a store of value. What could go wrong?Zero Hedge"One Hell Of An Invention": Ray Dalio Reveals Bridgewater May Soon Buy BitcoinTyler Durden