Mike Norman Economics

According to this article, subsidies to the fossil fuel industries provided the cheap energy which grew our economy so well for over a hundred years. They now say that fossil fuel companies no longer need the subsidies but renewables still do.Fact Sheet: Fossil Fuel Subsidies: A Closer Look at Tax Breaks and Societal CostsFact Sheet: Fossil Fuel Subsidies: A Closer Look at Tax Breaks and Societal Costs

It's not a very cheery article. I've been optimistic about renewables and fusion, but Craig Collins isn't. The latent fear that civilization is living on borrowed time has also spawned a counter-market of “happily ever after” optimists who desperately cling to their belief in endless progress.  Popular Pollyannas, like cognitive psychologist Steven Pinker, provide this anxious crowd with soothing assurances that the titanic ship of progress is unsinkable.  Pinker’s publications have made him...

Britain’s Government Wants People to Get Coronavirus. LOL — What The? The Tory strategy for dealing with Coronavirus is to let do as it will, and leave the survival of the fittest to sort things out. It fits in with their philosophy, I suppose, where the strong survive and the weakest perish. I know: it’s a big claim. “One of the most insane ideas in modern history?” He can’t be serious! You, my friend, can be the judge. You’ve heard, by now, of America’s bizarre, dismal lack of a...

Stocks rebounded from panic selling. Gold prices plunged. 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/

Excellent summary of monetary versus fiscal.  Bond Economics Yes, It's Not $1.5 Trillion Of Spending Brian Romanchuk

Looks like somebody may have gotten a clue that the Fed is buying all of the UST issuance and creating all out chaos in the market for USTs.... to add "Reserves to lend out!"....Maybe Mnuchin told them to hurry up with their "Reserves!" bullshit and get it done before April 15th so somebody else can buy a US Treasury for a change.....   advanced schedule due: The Desk intends to further bring forward remaining purchases for this monthly calendar and adjust terms of operations as needed to...

From etymology dictionary: hypocrisy (n.)  from hypo- "under" (see hypo-) + middle voice of krinein "to sift, decide" (from PIE root *krei- "to sieve," thus "discriminate, distinguish") If you accept the literal translation of this word which is 'under-decide' you can see that what is  missing from these morons is that they simply CANNOT make a decision...It entirely obliterates the falsehood of "freewill!"...You have to re-define the word into a synonym like "acting!" or "lying!" in order...

Asia Times How black swans are shaping planet panic Pepe Escobar Valdai AnalyticsAttention! The Valdai Discussion Club warns its website’s readers against the appearance of a fake domain Reminiscence of the FutureFriday On Thursday. (Boeing)Andrei Martyanov One WorldThe MH17 Show Trial Isn't About Justice Or Closure, But Information Warfare Andrew Korybko Land Destroyer Report1983 CIA Document Reveals Plan To Destroy Syria, Foreshadows Current Crisis Brandon Tubeville Caitlin...

Been busy lately, so I am playing catchup on links. American Committee for East-West AccordTony Kevin: The latest political news out of Moscow Tony Kevin, former senior Australian diplomat TASSPutin admits he takes his office as his destiny The Unz Review (March 4)IT’S OFFICIAL: Chinese Scientists Find Genetic Explanation for Coronavirus Discriminating By Race Lance Welton The Unz Review Chinese Scientists Find MORE Evidence That Coronavirus (A.K.A. COVID-19) Discriminates By...

The only thing that has ever been true is buying panic. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/