Mike Norman Economics

 In China the regulators are not controlled by the oligarchs.They say talk is cheap. Tell that to Jack Ma.Corporate China's shiniest star was just days away from seeing his Ant Group list on the stock market in a record $37 billion deal, when he chose to launch a blistering public attack on the country's financial watchdogs and banks.The regulatory system was stifling innovation and must be reformed to fuel growth, billionaire Ma told a summit in Shanghai on Oct. 24 attended by the great and...

Watch the chartists start saying this now. (Before it was a double top.) Pullbacks are opportunities to buy still. 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

Pretty much as you'd guess, except for #2 Hong Kong maybe.Visual CapitalistRanked: The Top 10 Global Cities, by Ultra-Wealthy PopulationCarmen Ang

Every once in a while I come across criticism of MMT that is over the top funny. Here's one for the record. ROFLMAO.Liberty NationIs Modern Monetary Theory Pathological Mendacity?Andrew Moran

McKinsey is supposed to be the place that hires the high-power talent. The authors of this article don't realize that a currency issuer doesn't need to get its currency to finance itself. Freshman error.McKinseyUsing public real estate to fuel a postpandemic recoveryDag Detter, Ali Abid Hussain, and Jonathan WoetzelOpen interactive popup

Bernie knows his stuff, and here he gives a warning about the election result. Trump might be out front Initially, but Biden could win in the end. Politics will then get dirty [embedded content]

 We're taught to believe that America is the greatest country on earth and that it couldn't possibly get any better. Let's put that claim to the test. In this episode, we'll compare the US to other wealthy nations using several key metrics: "low-skilled" job compensation, vacation time, length of the work week, and paid parental leave. The results may surprise you.[embedded content]

 Prime Minister Netanyahu promotes and sometimes manufactures an endless series of national security crises. The military and settlers win; everyone else loses.Netanyahu controls the people of Israel by intimidating them with existential threats—if it’s not nuclear Iran, then it’s the tunnels of Hamas. If not ISIS, then Hezbollah in Lebanon. If not an international flotilla of solidarity activists trying to break the blockade on Gaza, it’s anti-Semitism taking over Europe. The premier has...

This major new report from Transparency International – Defense & Security examines the underlying processes and pathways to influence between the American defense export sector, the federal government, the defense bureaucracy, and Middle East and North Africa (MENA) governments. These pathways enable American defense firms to export arms and defense services to MENA countries despite many regimes’ poor human rights and governance records, lack of transparency and accountability, and...

 Meet Sinophobia Inc.—the media machine busy manufacturing consent for war on China. Armed with state funding and weapons industry sponsors, this handful of influential think tanks is setting the terms of the New Cold War on China and propelling the U.S.-led alliance’s drive towards war on China.This same convergence of corporate media and weapons industry interests led down the disastrous path of U.S. intervention in the Middle East. But it’s up to us to break the cycle by pulling the...