Mike Norman Economics

SNB opening swap lines with the Fed in an effort to halt the dollar's slide. 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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 Dec 3 (Thomson Reuters Foundation) - From robots delivering coffee to office chairs rearranging themselves after a meeting, a smart city project in China aims to put artificial intelligence in charge, its creators told a conference this week - raising some eyebrows.Danish architecture firm BIG and Chinese tech company Terminus discussed plans to build an AI-run campus-style development in the southwestern Chinese city of Chongqing during an online panel at Web Summit, a global tech...

$740 bln for a defense funding bill. Done. No one asked, "how we gonna pay for it?" 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

Pouring more cement for China's great power status. NEOChina Completes its Beidou Satellite Navigation NetworkUlson Gunnar

Choosing Morell would be a serious mistake on Biden's part. Ray McGovern explains the many reasons for this. He is not only not qualified for the job, he is also disqualified based on prior performance. Ray McGovernWhy Michael Morell Cannot Be CIA Director

Rising use of food banks has been in the news for some time. Now it seems to be ratcheting up a peg. Hunger is where the shit hits the fan. It's way past high time to get ahead of this.Zero HedgeAn Ominous Sign: Americans Have Begun Stealing Food To SurviveDaisy Luther via The Organic Prepper blog,

Feeling squeezed by the twin pressures of work and home life, some anti-marriage activists are fighting for their independence by lashing out at “married donkeys” and “dick cancer.”Interesting effect of increasing the role of capitalism (privatization) in China is decreasing women's labor power and resurgence of social conservatism, which in turn is resulting in resurgence of feminism and the rise of women's liberation movement. This gaining more attention in China as Mao's Marxism was...

[embedded content] Might be a bit different now with the pandemic? Our World in DataWho do we spend time with across our lifetime?Esteban Ortiz-Ospina

Just how high can Asia-U.S. East Coast spot rates go? Well, the cost of chartering a 40-foot container from China to the US East Coast soared to nearly $5k this week, up 85% since June 1, according to Freightos data in Refinitiv Eikon....Zero HedgeShipping Container Shortages In China Crimp Exports To WestTyler Durden