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This is a controversial topic. I state why I think it was the right move. 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 Mike Norman Twitter https://twitter.com/mikenorman
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This is a controversial topic. I state why I think it was the right move. 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 Mike Norman Twitter https://twitter.com/mikenorman
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| This is a controversial topic. I state why I think it was the right move. 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 Mike Norman Twitter https://twitter.com/mikenorman |
Oil is not going away for a very long time…until the world realizes that alt energy would necessitate reducing our living standards by at least half! No alternative energy comes close to the cost efficiency of producing a barrel of oil!
That is not close to being true.
@NoExitLoveNow says you a nobody…say Art Berman Oil Industry expert
It seems environmentalists are talking more about nuclear power and uranium. What about thorium reactors? Doesn't seem to be mentioned much.
@bpprovit any nuclear reactor currently available are good enough. however, a lot needs to be invested into electrification to get as much returns as you get for oil. sure you could make improvements with new types of reactors but you wont get around the political issues (anti nuclear propaganda/conspiracy theories, lack of public investment…) with technological fixes.
Trump did not invent sanctions..nor economic warfare or even weaponisation of the US dollar.
Nice and informative video… Well i will also say this here, Bitcoin has seen some mixed price action lately, with bulls and bears largely reaching an impasse as the cryptocurrency consolidates. Where it trends next will undoubtedly depend largely on whether or not bulls can break the ongoing consolidation phase and spark a move higher as it has been struggling to gain any clear momentum lately, with its price action largely consisting of range-bound trading between $30,000 and $40,000. This large trading range has held strong throughout the past couple of weeks, and any attempt to break either of the boundaries has resulted in rapid rejections. But it is not enough to sit back and hodl, rather it is time to take advantage of the various signals and strategies at our disposal that will make trading profitable. Daron (Telegram (@Daron_signals) and WhatsApp (+4 4 7 8 6 2 0 7 1 0 7 6) ) provides some of the best insights i have been exposed to in crypto trading.
Wilber’s daily signal is top and one of the best out there when it comes to trading bitcoin.
I was able to grow my portfolio too… from 0.6btc to 4.3btc within 4 weeks
without any doubt… Daron’s daily signals has indeed been life saving since this pandemic.
Me too, trading and minimising loss was possible due to Daron’s daily signals and guides.
Its been so amazing and profitable trading with Daron’s daily signals and guides for over 7 months now
Bollocks about the UK. Yeah, the pound has risen against the dollar. This makes me better off if I play that trade or attempt to import goods from the US. Or buy stuff priced in USD. However, the non-tariff barriers to trade effected by Brexit have utterly fucked the UK import and export process and nett balance. Trade to the EU has telescoped down by 68% in January because of systemic clusterfucks in the new Trade Deal (quitting the EU customs Union and Single Market for a start) that has replaced frictionless trade with utterly massive expensive bureaucracy and colossal delays. And this is permanent, however much money is spent on amelioration of the friction. A realignment of all trade between the UK and the EU. Businesses closing all over because of import-export constipation. It's here for good. From a US perspective, for now, it's OK, but the GBP can only tank with the USD. The UK is screwed by the incompetence of its own ruling class. BTW, and thanks in many ways to you, I've made lots on this situation, but I'm convinced that you're wrong here. Any comments, Mike? And my dad was the night foreman-engineer in the local council bus garage, if you want solidarity! PS love the hat. I played as a kid in my dad's tin hat(s) that he "liberated" from the British Army, along with his tools. In Egypt…
Right on point w.r.t. 'weaponizing Dollar' Mike. Unfortunately, most will simply not acknowledge this hostile act as PRIMARY cause of dollar-losing-reserve-status because of the American 'exceptionalism' mindset that is ingrained.
I couldn't agree more. It's what I've been trying to say for the past couple years. "The world has caught on". And doubling down on those strategies has cost us dearly. Most zombies don't even realize to the extent Trump has pushed us into the abyss with his rhetoric that yielded nothing. Nothing except just the gas out of his mouth.
fossil fuels into robot technology ..sure hope they break down alot lol
Mike, your values are SOLID. Rock on!
Mike – Awesome stream, as always, Man – Love your insights – Thank You!!! ✌✌✌
HeY Mike: I remember back in 2007 when you were insisting that there was no bubble in Housing market. You were always arguing with Peter Schiff that home prices would always go up. Seeing you now with your stupid economic ideas 14 years later tells me you still are talking out of your rear end.
Who owns the FED ?
How do you excite an economy? Make is dinner, run it a bath, put on it's favorite music.
I think your Delusional!
You can't say, t"he Pipleline gives only money which is nothing but a keystroke on on a computer"… and in the same breath say…
"A downgrade in the exchange rate of the dollar will not make it lose its reserve currency status."
We're playing musical chairs and your sitting on two chairs at once! Your cognitive dissonance is real! Reconcile that man.
I am the semen that found its job.
I always thought it was wierd that oil is traded in dollars, but the Prison State is the only country that can print them. Always seemed like a lame, unfair advantage
Thank you for having the guts to speak the truth about the dollar, its used as a weapon and the world is tired of being bullied!
fusion is not ever going to be built into cars. currently for for individual transport there is nothing better in sight than electric cars with lithium batteries, which cant ever be cranked out as fast as petrol motors. for cargo at least we need to move towards electrified rail.
Thanks Mike?
Oil is ridiculous lets switch to hemp oil
Dude, you are so smart. I like listening to your stuff. Keep it up.