Thursday , November 21 2024
Home / Video / If you are against government spending, you are not a capitalist. 

If you are against government spending, you are not a capitalist. 

Summary:
It may sound counterintuitive, but in reality, it is not. 

Topics:
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It may sound counterintuitive, but in reality, it is not. 
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

25 comments

  1. Government intervention in the economy is the opposite of capitalism. Facepalm

  2. People going to the firing range because they are "freaking out about the election"? You must live with some very unstable irrational people.

  3. @dannywindham3295

    The cowboy hat looks great Mike thank you

  4. @milkshakeplease4696

    capitalism = oligarchy really. politicians are bought and paid for and serve them.

  5. @fishingwyellowjacket3183

    No the bigger the deficit the less your dollar is worth. The more it grows the more they take though taxes. Just look at California prime example! Your thinking is just plum moronic

  6. Mike, I think you look better in a tan or brown cowboy hat. 😉

  7. The Fed wants inflation

  8. Mike long cowboy hats while the crowd is short.

  9. @robertlehouillier5497

    If your not allowed, don't be disrespectful to your audience. Please.

  10. yee haw

  11. ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤👁

  12. You in Florida, lotta cowboys floating around.

  13. i always look forward to Mike rants. Eff the haters and keep going Mike!

  14. From $6K to $73K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.

  15. CHR – Cowboy Hat Rage….it's a thing.

  16. My house is gaining 17% in value annually. Seems somewhat inflationary.

  17. All good, padner.

  18. @skipswellman9290

    🤠

  19. Preppers are all about grub, guns and gold (assets) to survive a collapsed economy. Does anyone know what Mike thinks are the best things/assets to have if there is an actual collapse? (Mike can wear whatever frickin' type of hat he wants!)

  20. The money has got to be there in the private sector for customers to purchase goods and services from producers. It can only get there via net government spending.

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