Mike Norman Economics

The contingent election. Quirks of the US Constitution.Zero HedgeDonald Trump's Likeliest Path To Staying In OfficePaul du Quenoy via TheCritic.co.uk

Download paper.The Gower Initiative for Modern Monetary Studies Weimar Republic Hyperinflation through a Modern Monetary Theory LensPhil Armstrong and Warren Mosler

Tomorrow a new trade agreement between 15 Asian states will be signed. It will soon be seen as a milestone in the global economic history. But only very few 'western' media have taken note of it or of the huge consequences the new agreement will have.The agreement is also a huge victory for China over U.S. hegemony in Asia:Moon of AlabamaThe Huge New Trade Deal 'Western' Media Do Not Like To Talk AboutSee alsoThe GeopoliticsUS Strategy for the Indo-Pacific Under the Biden Administration: A...

The creation of new economic sectors is needed now more than ever as huge numbers of people around the world are out of work with limited prospects. As governments race to design stimulus packages, it could be tempting to fall back on tried-and-true economic sectors like fossil fuels, but the data simply is no longer there to back it. Forward-thinking jobs creation in sectors like electric vehicles and renewable energy is no longer an idealist’s dream--it’s the pragmatic choice.Sometimes it...

ECNSChina leads world 5G development with 700,000 base stationsChina-developed COVID-19 vaccine to enter late-stage trial in UzbekistanChina ranks 1st in 4 major areas of scientific researchThis is the year that the goal of eliminating absolute poverty was to be accomplished.China's Xinjiang shakes off absolute povertyChina [Yunnan] province with largest remaining poor population eliminates absolute poverty

Positive report on MMT in India.MoneyControl (India)Modern money theory and lessons from JapanSashi Sivramkrishna

 “I don’t want to catch it. But if I get it, I get it. That’s just how I feel.” The biggest reason coronavirus cases are soaring in the Midwest isn’t because residents don’t understand the dangers of the virus. It’s because many aren't that concerned. Surging virus cases get a shrug in many Midwestern towns, by GRANT SCHULTE

 Sweden's chief epidemiologist has admitted that the country is experiencing a second surge in coronavirus cases despite previously predicting that the number of infections in the autumn would be "quite low" due to the country's no-lockdown policy.Sweden has admitted its coronavirus immunity predictions were wrong as cases soar across the country

Fiscal flows too strong, so no correction. Stock market will continue to rally. 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 is just way too strong. You can't sell this market no matter how bullish sentiment is right now. 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