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Mike Norman Economics

MOSCOW: US Global Deployment of Land Missiles Will Prompt Russia’s Quick Reaction, Non-Nuclear Attack Could Trigger Nuke Response — Drago Bosnic

“Any missile attack will be considered nuclear, because there is no possibility of identifying what type of the warhead it carries, and will trigger a nuclear response,” Russia’s Defense Ministry said in its official newspaper Krasny Zvezda (Red Star).The ministry added,“Once radar has detected the launch of ballistic missiles attacking Russian territory, the military leadership will be automatically informed and will determine the scale of nuclear weapons’ use.”Fort RussMOSCOW: US Global...

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Spending has not slowed down.

While unemployment benefit payments have started to fall, overall spending has not slowed down. On the contrary, it's been rising. That means the market can soar to even higher levels. 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

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Remdesivir Priced At More Than $3,100 For A Course Of Treatment

When people will pay anything.  Your money or your life?  Let the market decide.  In the United States, Gilead Sciences will charge $520 per vial for patients with private insurance, with some government programs getting a lower price. With a double-dose the first day, that comes out to $3,120 for the five-day treatment course. For governments in developed countries outside the U.S., it will cost $390 per vial, or $2,340 for the five-day course. How much uninsured patients would...

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Former Army Delta Force officer, US ambassador sign secretive contract to develop Syrian oil fields

The Trump administration has approved the first-ever deal for an American firm to develop and modernize oil fields in northeast Syria under control of the US-backed Kurdish-led Syrian Democratic Forces. The secretive contract, which has been in the works for more than a year and was signed in Syria last month, is expected to produce billions of dollars for Kurdish authorities in northeast Syria, none of which will be shared with the government of Syrian President Bashar al-Assad,...

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How scientists know COVID-19 is way deadlier than the flu

After months of study, scientists have better clarity on the coronavirus's lethal potential—which makes recent case surges all the more alarming. Covid-19 could be 50 to a 100 times more deadlier than the flu.What’s more, scientists today have a better sense of how to measure COVID-19's lethality, and the numbers are alarming. Using a more sophisticated calculation called the infection-fatality rate, paired with the past few months’ worth of data, the latest best estimates show that...

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