Mike Norman Economics

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

Increasing expenses and decreasing revenue are putting US states in a bind as currency users that must obtain the currency. The federal government acting as currency issuer is the only agent capable of addressing the issue. But the US government is paralyzed by political gridlock.The WeekAmerican state and city governments are bleeding out   Ryan Cooper

Encouraging numbers, but a bit of a one-sided look, IMHO.McKinseyCOVID-19 has revived the social contract in advanced economies—for now. What will stick once the crisis abates?

Lots of similarities to the bubbly dot-com days, except for one big thing. 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

 Spain’s coronavirus death toll between March and May was almost 70% higher than the official count at the time, data from the National Statistics Institute (INE) showed on Thursday, prompting the opposition to complain of a government cover-up.UPDATE 1-Spain's March-May COVID-19 death toll nearly 70% above official count - stats institute

 Ralph Drollinger, a minister who leads a weekly Bible study group for President Trump’s cabinet, argues in two blog posts and a rambling Bible study guide published in the past few days, that the coronavirus is a form of God’s wrath upon nations.America “is experiencing the consequential wrath of God,” Drollinger wrote in a March 21 “Bible study” on his Capitol Ministries blog. In addition to gays and lesbians, Drollinger also laid blame on people with “depraved minds,” environmentalists...