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Mike Norman Economics

Regulators temporarily change the supplementary leverage ratio to increase banking organizations’ ability to support credit to households and businesses in light of the coronavirus response

This dropped late after the close yesterday... in the PR business, if you want something to be overlooked in the news cycle, it is well known you release it late on a Friday after COB...They don't want to address this question:  "Under very similar conditions, why didn't you do this same regulatory modification in September 2008?".... this is what they are trying to avoid hence the Friday evening news dump... because 1. they would have no answer and 2. it would demonstrate that they...

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China

The Hindu (India) U.S. adds new sanction on Chinese tech giant HuaweiAP Zero HedgeUS Blocks Shipment Of Semiconductors To Huawei In Latest Procovation Of BeijingHere Is The Simple Reason Behind Trump's Escalating Feud With China Tyler Durden See also Sputnik InternationalChina to Take Measures against Apple, Cisco If US Continues Hitting Huawei With Sanctions - Report The Chips Are Up: Huawei Mass-Produces Mobiles With Mainland Chipmaker SMIC in Major Trade War Win Beijing Hands...

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Modern Monetary Theory: The little-known consequence of the massive coronavirus bills — JD Rucker

The real existential threat to the United States isn’t what’s in the bill or anything else we’ve discussed. The real threat arises if we DO NOT crumble as a result. If the American spirit, our drive to recover, and the Grace of God allows us to make it through all of these bailouts without tangible repercussions, then Modern Monetary Theory will have been falsely proven to be effective. At that point, the end of America will begin. Say what? NOQ ReportModern Monetary Theory: The...

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Party of Science

Alleges via the figurative language of sarcasm the Artist James Woods.... “Party of science” pic.twitter.com/rEvsQHKRBW — James Woods (@RealJamesWoods) May 14, 2020 Same thing here: President Trump has failed to listen to science and we have all suffered because of it.Let's be serious and prioritize our health over the bank accounts of billionaires and large corporations. https://t.co/5sbBXTCvb8— Bernie Sanders (@SenSanders) April 21, 2020 Both f-ing platonist Art Degree morons...

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