Mike Norman Economics

Germans are preparing to throw the weight of Europe’s biggest economy behind a plan to replace fossil fuels with the universe’s lightest element. Hydrogen production could be subsidized under a new German plan to fill in the energy gaps left by the country’s impending exit from coal and nuclear power, according to an Economy Ministry draft report seen by Bloomberg. Officials have tapped clean-burning hydrogen as the new oil to fuel transport, heating and industry. Bloomberg  Germany Taps...

In the modern world there can be a lot of loneliness. There are people everywhere, but do they have much time left after work? Suicide is the nation's 10th-leading cause of death, with 14.2 deaths per 100,000 people, though that rate alone belies the scope of the problem. While thousands of people die by suicide each year, millions think about it. In 2017, 10.6 million American adults seriously thought about suicide, 3.2 million made a plan, and 1.4 million attempted it, USA Today  George...

I guess the Clueless Hedge people never think that maybe the Millennials value thrift and largely don't like to see all the waste and garbage...  we throw out half of our food too... sheesh..Hey clueless hedge ever hear of E-Bay??? Nordstrom Starts Selling Used Clothes To Broke Americans https://t.co/yO6fkNhr0f — zerohedge (@zerohedge) January 31, 2020 Here are some Millennial-type videos out there that have lots of hits where Millennials are repairing and restoring older/used original...

The Netherlands has learnt to manage flooding. Climate-threatened countries are taking note The deniers on both the left and right keep telling me that the 'climate change hoax' is scam to raise taxes, but this is going to cost a fortune.  Over the next 45 years, the country spent billions building the Delta Works: a network of dams, dykes, sluices and storm barriers that is unmatched worldwide. Though most of the Netherlands is either below sea level or prone to river floods, the...

Current Reserve Assets at Depositories at $1,612B and that is with TGA up at $450B as of yesterday close... If Treasury runs the TGA down to $200B by March 1 as they did last year that would add $250B of  non-risk assets to Depositories in about the next 30 days...  that future balance of Reserve assets would then be $1,862B around March 1...  again if they run the TGA balance back down to $200B...(Unless Treasury changes their policy this year to keep the TGA more stable throughout the...

The Komisar ScoopLucy Komisar: Danish Press Board says report on Browder is true The New RepublicThe Neocons Strike Back Jacob Heilbrunn Reminiscence of the FutureOh, What A Surprise! Nah...Andrei Martyanov Anti-Empire Media Has Nothing to Say as Firefighters Battle Police in FranceAlan Macleod RTPompeo names ‘the central threat of our times’ and guess what it is… It’s the Chinese Communist Party Russia ObserverRUSSIAN FEDERATION SITREP 30 JANUARY 2020Patrick Armstrong...

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This is post really as much about the growing impact of MMT as it is central banking. Bill cites the recent Fed admission that it can set the yield curve if it chooses as evidence of that. There's a lot packed into this post. Bill Mitchell – billy blogGovernments can always control yields if they desireBill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

Mathematicians and neuroscientists have created the first anatomically accurate model that explains how vision is possible. “A lot of the things you think you see you’re actually making up,” said Lai-Sang Young, a mathematician at New York University. “You don’t actually see them.” New research suggests mathematics is the key. For the past few years, Young has been engaged in an unlikely collaboration with her NYU colleagues Robert Shapley, a neuroscientist, and Logan...

Russia Is Switching to Electronic Labor Books There Will Be More Self-employed Workers The list of goods subject to mandatory marking will be expanded Personal income tax for non-residents will be decreased AwaraMajor Changes in Russian Legislation for Business in 2020