Mike Norman Economics

Bank reserves have fallen by $660 bln over the last 9 weeks. Largest decline in the shortest period ever. Where's al the outcry from the "munnie printin'" crowd? 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

More evidence that the elite is getting concerned about the viability of the present system.Harvard Business ReviewIt’s Time for U.S. Business Leaders to Talk About Reparations Michael Gee

 Sounding the alarm. Is anyone listening? A careful review of the data reveals gaping wounds caused by the coronavirus pandemic: large declines in market incomes, consumer spending, and employment, all barely propped up by the temporary government stimulus payments. To prevent economic collapse, it is urgent that policymakers take further action. Congress must continue to support unemployed workers’ incomes, send additional stimulus payments to families to keep them financially afloat and...

Blair Fix said he was going to move over to Firefox because Google keeps too much track on you. The search engine, Ecosia, plants trees with the money it makes, and it seems so have a good privacy policy. I've had it in my phone for a while and it seems to be okay, so I'm going to try it on my PC now. I hope it's top notch at keeping out scams and Trojans, I'll have so do more research.EcosiaEcosia is a “privacy friendly” search engine. We take user privacy very seriously. By...

China is lapping the US when it comes to tech investment and is quickly positioning itself as the economy of the future. The US needs to seriously reconsider its investment strategy to fend off China. In order to do that, the public needs to know the value of tech investment and politicians must make investment a priority. If they don't, the US could fall way behind China. Business Insider  Robert Atkinson - US needs to copy China tech strategy to remain top world economy

Beijing's envoy to the UN says the 'Palestinian people can always count on China’s support' China is "deeply concerned about reports of the plan to annex part of the occupied Palestinian territory," said Ambassador Zhang Jun at a Security Council briefing on the situation in the Middle East. "Such a plan, if implemented, will seriously violate international law and relevant UN resolutions, and imperil the two-state solution. We urge the relevant party to refrain from taking any...

I've been telling you that employment and withholding tax deposits were trending down, suggesting weakness in the labor market. 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

Are American firms ready to let the Chinese market go?Maybe they will have to and stand by watching others take their share, shaking their heads as the US decouples from China, cut its ties, and prepares for war against "Communist China" on all levels of warfare — from information war, economic war, and cyberwar, which are already in progress, to kinetic war.This is a war of choice. It's a huge strategic blunder to foment land war in Asia, with the combined force of China and Russia. It's...

Funding the US military-idustrial complex and endless war is bipartisan.Notice no worries about how to pay for it. Simulatneously, the GOP is saying that the US cannot afford to fund disaster relieve when the pandemic threatens to bankrupt states, cities, firms and households.  Oh, and the US also needs to cut back Social Security, Medicare, Medicare and other forms of welfare transfers in order to "save taxpayer's money."How to get the voters to go along with this obscene transfer of...

Strategic Culture FoundationBrazil Exclusive: the Money Laundering Scandal From Hell No One Wants to Talk About Pepe Escobar The NationCanada’s Nazi MonumentsLev GolinkinCounterpunchAmerica’s Penis Envy of the Nazis John Kendall Hawkins   Strategic Culture Foundation Influential DC-based Ukrainian think tank hosts neo-Nazi activist convicted for racist violence  Moss Robeson  Internationalist 360ºThe Origins of 21st Century American Fascism Kristopher Âû with Ranier Shea...