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Mike Norman Economics

An open letter to the Hon. Minister for Finance and Economic Planning: Can Ghana afford it? — Papa Sam Blankson and Anita Yankey

 MMT continues to get around. Now Ghana. Good letter.Seems that The Deficit Myth is sweeping the earth.JoyOnlineAn open letter to the Hon. Minister for Finance and Economic Planning: Can Ghana afford it?Papa Sam Blankson, MSc. Economics (Money, Banking & Finance)/ over 8 Years of Combined Experience in Banking & Asset Management. Anita Yankey, MSc. Finance/ BSc. Economics & Finance/ over eight years of combined experience in Asset Management and Corporate Communication

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How will we repay our vast debt pile? Do we even need to? — David C Stevenson

And the fact that we are even discussing a once-outlandish theory such as MMT so openly today stems precisely from the difficulties that central banks have encountered in generating sustainable inflation.So while it’s certainly an issue to watch, it’s perhaps also wise to be wary of taking an inflationary future for granted....Money WeekHow will we repay our vast debt pile? Do we even need to?David C Stevenson in association with PIMCO

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Expose your body and mind to stress.

Stress can be constructive. It can make you stronger. Depends on your attitude. 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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All systems go. No slowdown in fiscal support.

Still gotta be a buyer of stock market dips. It's going higher. 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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Debunking the national debt myth.

Who owes what to whom? 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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Moon of Alabama — U.S. Fails To Find Allies For Waging War On China

What the U.S. still could do is to honestly compete with China. But that would require humility, a strong industrial policy and a well paid and competitive work force.Neither of that is in sight.…Easier said than done. Owing to national security issues. as well as cultural and institutional differences, neither country is interested in a level playing field, and both are preparing for a lose-lose scenario to unfold for the foreseeable future. This will, of course, impact the rest of the...

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Frei Betto: “It is Totally Naive to Want to Humanize Capitalism — Bárbara Schijman

Carlos Alberto Libanio Christo, better known as Frei Betto, is a recognized Latin American progressive reference and one of the main figures of the Theology of Liberation.Catholic socialism. Liberation theology tends to be to the left of Catholic social teaching, which steers a middle course between capitalism and socialism. Brazilian Frei Betto views neoliberalism as leaning toward neo-fascism, in particular in Brazil. Internationalist 360ºFrei Betto: “It is Totally Naive to Want to...

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Robert Lighthizer Blew Up 60 Years of Trade Policy. Nobody Knows What Happens Next. — Lydia DePillis

Robert Lighthizer and the Trump administration (for whom Steve Bannon was the initial spokesman before he was forced out) pitted themselves against neoliberal globalization on one hand, and the capitalist establishment on the other. Big chunk to bite off, to be sure. They made some inroads, but none that are permanent, lasting beyond a change of administrations. If DJT wins the election, they might have more success. If not, it's likely back to business as usual.ProPublicaRobert Lighthizer...

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