Mike Norman Economics

"One day the market will correct, so you better get ready now." More sage advice from Jeffrey Gundlach. 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

 Someone had to say it.Sputnik International — OpinionAfter Years of Undermining Other Country’s Elections US Now Looks StupidTommy Sheridan, Columnist

We have discussed the gains being made in the development of advanced nuclear reactors that use thorium instead of uranium. Thorium is now being billed as the great green hope of clean energy production, producing less waste and more energy than uranium. Thorium is meltdown-proof, has no weapons-grade by-products, and can even consume legacy plutonium stockpiles.The United States Department of Energy (DOE), Nuclear Engineering & Science Center at Texas A&M, and the Idaho National...

Its Wednesday and a light blog writing day. Today, I reflect on the recent death of one of the great economists who was a good friend and taught me a lot about things. I thought I would offer a few words about his life especially our interaction. And today is a special day in Australia – Armistice Day. And, there is another working paper available if you like reading pre-published academic material. It will come out soon in an academic volume....Bill Mitchell – billy blogRIP Michael Perelman...

 Of course, the GOP believes in turn that the Democrats staged a coup from the moment of Trump's election in 2016, about which they would be right. On the other hand, the GOP did everything possible to remove Bill Clinton from office, in part as payback for the removal of Nixon. And Bush's victory in the Supreme Court can also be viewed as coup. So there is a long history to this inter-party feud. Complicating the matter is the rank and file of both parties has become so politicized that...

Until today’s order, the digital content and streaming platforms were not governed under law or by any autonomous body in India. The amendment gives the government the right to regulate and intervene in the content of OTT platforms such as Netflix, Hotstar and Amazon’s Prime Video.I din't think this is necessarily censorship. Liberalism is not about drawing no line. Lines musts be drawn, child pornography pretty universally illegal, as well as advocating for violent overthrow of a...

Leave it to China — well, Shenzhen, the Silicon Valley of China — to force workers to take a paid vacation. Outrageous — for workaholics and oligarchs.RTShenzhen becomes 1st Chinese city to make paid leave mandatory to reduce burnout

Russia is exporting S-400s too, in addition to S-300s. Oriented toward defense, Russia has a modest military budget.Sputnik InternationalS-400 Maker Delivers Batch of Advanced Air Defence System to Russian Military Ahead of ScheduleSee also at SEA new, “almost absolutely” protected command centre for Russia’s strategic nuclear forces is nearing the final stages of construction, and will allow Moscow to issue a retaliatory attack order even after being hit in a nuclear first strike, Russian...

No source of the money mentioned, other than the funds came through a "Western" bank.TASSBelarusian authorities arrest funds transferred to finance protests

How does anyone fall for this kind of stuff? And it is just one example of things I am asked about regularly these day by people I had supposed intelligent. Usually it doesn't take more than one click to debunk it. They don't know how to do Internet search?Another factor is the monetary value of clicks that multiplies in direct proportion to the sensationalism. Moreover, the preps seem to have discovered that the more outrageous the lie, the better clickbait it becomes.People are loosing...