Mike Norman Economics

India growing faster than China.Visual CapitalistThe Population Race: A 300-Year Look at China vs. IndiaIman Ghosh

Reverting to trend?Visual CapitalistOver Half of U.S. Young Adults Now Live With Their ParentsAran Ali

However, a new report released Tuesday by the International Federation of Red Cross and Red Crescent Societies (IFRC) states that climate change is an even “bigger catastrophe” than the pandemic and “has been building for many decades.”Sputnik InternationalClimate Change ‘Bigger Catastrophe’ Than COVID-19 Pandemic, Red Cross Warns

Trump is itching to bomb Iran, and markets are starting to act like he's gonna do 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

Mitch McConnell says bye bye to Judy Shelton. No wacko gold bugs on the Fed board. 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

Fiscal support too strong to look for a market top at this time. 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

 Pandemic, famine, war. Happy New Year!Sputnik International2021 is Going to Be Even Worse Than 2020 as UN Warns of 'Multiple Famines of Biblical Proportions'

I have just finished reading Alan Shipman’s fascinating biography of the late economist Wynne Godley, who passed away in 2010....The Political Economy of DevelopmentWynne Godley and economics – forecasts, policy and the drivers of prosperityNick Johnson

The Swedish model revisited.Sweden received a lot of international attention earlier in the year when it chose not to lockdown the country in response to the first wave of the coronavirus, unlike many other nations.However, subsequent research showed Sweden suffered a very large number of deaths, taking into account its population size. Neighboring countries, such as Finland, had been considerably more successful in preventing fatalities....RTSweden sets new ‘absolutely necessary’ Covid-19...

While this is ostensibly political, it is also important for the demographics, which now seem to be shifting. This will have far-reaching implications if it develops into a trend, which I suspect it will.The working class did poorly under former President Barack Obama, as well as his gentry Republican predecessors, while their incomes rose during Trump’s brief presidency before COVID-19. This may explain why even with the amiable Irishman Joe Biden atop the ticket, the Democratic brand is...