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Mike Norman Economics

Bill Mitchell – Learning about epidemics

Today is Wednesday which means it is my short blog post day. I have been travelling a lot today. By the way, there are still some things which cannot be attended to via the Internet, Zoom or otherwise. As I continue to calculate various things along the way to my 10-point or something plan which I hope to have final by next Monday. But with limited time today as I dodge and weave to avoid the virus, I have been reading a lot of the research literature about modelling epidemics. It is quite...

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Links — 24 Mar 2020 Part 2

New StatesmanHow America built the best pandemic response system in history – and threw it awayWill Dunn Alt-M That darn coin George Selgin Yahoo FinanceOur Money: MMT for State and Local Governments During COVID-19 Crisis OilpriceWhat Happens If U.S. Shale Goes Bust? Haley Zaremba Brave New WorldHeiner Flassbeck – Corona Shock Paul Cockshott's BlogGuest Post: China defeats Coronavirus in 60 days. Builds global Sanitary Silk Road. Washington and Brussels in Chaos. What will happen...

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Fed program to support corporate bonds

Fed allegedly going to buy corporate bonds to "help" this situation: Amidst everything else I’d missed that the Fed is going to buy corp bond ETFs https://t.co/G8rpFDY4bF — Tom Powdrill (@TomPowdrill) March 24, 2020 Article says: The central bank is only buying investment grade corporate bonds, not high-yield bonds. Only problem is S&P is downgrading all the big firms being effected all week: BREAKING: Delta Air Lines credit rating cut to junk by S&P. pic.twitter.com/4117hGI1sy —...

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Is the gold market broken?

No physical gold around. Futures prices appear to be too low. Trade and invest using the concepts and understandings of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/

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Gin and Tonic?

Video here produced by Bill Still with some anecdotal results of using Quinine (Tonic Water) and Zinc against the Wuhan virus: [embedded content] Some more information here in this thread from Michael Savage using other substances to apparently dilate the virus cell membrane to allow Zinc into the virus: QUERCITIN AND EPIGALLOCATECHIN ACT THE SAME WAY AS CHOLOROQUINE TO OPEN THE CELLULAR MEMBRANES TO PERMIT ZINC TO ENTER AND KILL THE VIRUS (very complicated science-this is the short...

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How The World’s Deepest Point On Land Could Raise Global Sea Levels

A massive glacier up to 80 miles long in East Antarctica is shrinking at an alarming rate, but the record-setting landscape beneath it could speed up its demise even more. The Denman Glacier has retreated three miles over a 22-year period, and researchers are concerned this could be just the beginning of a total meltdown that would cause global sea levels to rise a whopping five feet (1.5 m).4 Forbes How The World’s Deepest Point On Land Could Raise Global Sea Levels

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Links— 24 Mar 2020 Part 1

Reminiscence of the FutureWhen Everything Points To...[American elite incompetence] Andrei Martyanov Dances with BearsJUDGE DROPS A BOMBSHELL IN MH17 TRIAL – DUTCH PROSECUTORS CONCEAL COURT ORDER TO PRODUCE US SATELLITE DATA ALLEGEDLY SHOWING BUK MISSILE FIRING John Helmer Elijah J. MagnierLebanon: Don’t mess with the “Axis of the Resistance”. Geopolitics Alert US Government Threatens Families of ICC Staff If They Try US for War CrimesBen Norton Geopolitics Alert As Coronavirus Grips...

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