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Mike Norman Economics

The revolution has begun! Wall St under attack by small investors!

An army of little traders are attacking the shady hedge funds and financial elites, attempting to claw back decades of ill gotten gains. And they're succeeding! 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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Internationalist 360º — Putin: “The Era of Trying to Build a Unipolar World is Over”

“Obviously, the era associated with attempts to build a unipolar, centralized world order (…) has ended. But, in reality, it did not begin. Only one attempt in this direction was undertaken. But that too has passed,” the Russian president added.“Such a monopoly by its nature went against the historical cultural plurality of our civilization,” Putin specified....Internationalist 360ºPutin: “The Era of Trying to Build a Unipolar World is Over”Sputnik| ALBATranslation by Internationalist...

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RT — RT’s Ruptly was MOST-WATCHED news agency on YouTube in 2020, raking in nearly 430mn views

Ruptly, RT’s video agency, bested AFP, Reuters, the Associated Press and others to become the most-watched news agency on YouTube in 2020, a triumph attributed to its exclusive footage of some of the biggest stories of the year.According to data from online video measurement company Tubular Labs, Ruptly outperformed all of its competitors, with its content receiving 429 million views over the past 12 months. The company enjoyed a comfortable lead over second-ranked Yonhap, which raked in 367...

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Lars P. Syll — Truth and rationality

Rational choice theory, like Bayseianism in statistics, is based on informed opinion (rational expectations), but it is opinion none the less. Therefore, it is a heuristic device subject to YMMV rather than being determinative, that is, leading to knowledge rather than opinion or belief. This condition determines the scope of the method.Lars P. Syll’s BlogTruth and rationalityLars P. Syll | Professor, Malmo UniversitySee also todayMainstream economics — nonsense masquerading as science

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McKinsey — Joining the next generation of digital banks in Asia

Not every Asian digital bank is a success story, of course, but those that have developed a productive business model and scaled effectively have thrived. Once established, digital banks can generate higher revenues at a lower cost to serve than incumbents, putting them in a position to expand market share. In addition, their digital architecture enables them to access ecosystems of businesses and customers, bringing exponential benefits in terms of knowledge and data.While digital banks in...

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