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Mike Norman Economics

Zero Hedge — “Anything Tesla Can Do, We Can Do”: Huawei Set To Become Major Competition In Electric Vehicles

Xu Zhijun, a rotating chairman of Huawei is on record in 2019 as saying: "If you look at the stock price of Tesla, you will know where the future of automobiles lies."His comment was foreshadowing as to where Huawei's future business efforts may be directed, according to Nikkei. In April 2019, the company set up a "smart car solutions" segment of its auto business. Their auto business currently has 5 segments: smart driving, smart cockpit platform, intelligent network, smart electric and...

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TASS — Domestic demand to become main source of GDP growth in Russia in 2021-2023, says ministry

Russia is joining China in developing the domestic economy as the driver of GDP.Russia and China are also increasing trade, reducing dependence on the others.Both countries are restructuring their economies owing to sanctions and increasing their strategic alliance economically as well as militarily.TASSDomestic demand to become main source of GDP growth in Russia in 2021-2023, says ministrysee alsoFinances improving as Russia de-dollarizes. But revenue from oil exports is also important,...

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Understanding The Non-Existence Of Financial Constraints — Brian Romanchuk

In summary, if we accept the premise that the government can wait for after a recession to worry about its finances, then we can say that it does not face a financial constraint. Given that the former appears to be a consensus view, the non-existence of financial constraints is not particularly radical. Bond EconomicsUnderstanding The Non-Existence Of Financial ConstraintsBrian Romanchuk

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The problems of economics as an academic pursuit have a sociological origin — Gerald Holtham

The solution to a problem that is sociological and political does not lie in abstract discussions of methodology or trying to identify philosophical mistakes. It lies in being open-minded to insights from outside economics , in constructing theories that use appropriate formal methods not theories that are constructed to show off command of formal methods whether appropriate or not. It means defining the domain of theoretical propositions and accepting the verdict of empirical data relevant...

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Carlos García, José Luis de la Fuente – Is it Time for a Job Guarantee Programme in Spain?

All this makes us think that in an advanced society such as ours it is no longer an illusion to defend the veracity of this statement: the only way to achieve permanent full employment is to prohibit involuntary unemployment, and therefore it is necessary to implement a program that guarantees that everyone who wants and can work has access to a decent job.... Such measures would not be impossible within the European Union and the euro if the European Union were to change its treaties....

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Corporation tax flows trending up. Stock correction over for now.

Fourth consecutive day of improving corporation income tax flows. This indicates improving economic activity. Stock correction is over for 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

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Corporation tax flows trending up. Stock correction over for now.

Fourth consecutive day of improving corporation income tax flows. This indicates improving economic activity. Stock correction is over for 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

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