Summary:
It’s definitely not what most people think. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
It’s definitely not what most people think. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
New Economics Foundation writes Is the Labour government delivering on its promises?
John Quiggin writes Dispensing with the US-centric financial system
New Economics Foundation writes Whose growth is it anyway?
Matias Vernengo writes What is heterodox economics?
It’s definitely not what most people think.  |
With ya all the way on the yen Trade
I think the Fiat currency system is terrible for the working class because it simplifies the economy's expansion. All they have to do is print money and import immigrants.
What are you talking about? Working people can can always withhold their labor.
@Jesus-o7v9x ok, so let's say nationally born people withhold their labour; all the jobs will then go to scab immigrants.
@@Jesus-CAL Not if they have to pay taxes, maintenance, and insurance.
Every single person in society cannot be an investor. Nor is it fair or just to force people into storing their labor hours in the stock market which can crash like in 2008 for reasons beyond their control. This is what real stupidity is.
As always, I fully appreciate your look at economics. Great vid Cheers.
Thanks for the updates, Mike.
This is so fiery and passionate.I wish you were invited to a podcast. I'd love to see you on Rogan.
<=== poor person investing in the stock market, but not new to investing. Your innovative approach to making sense of the economy has help make me a less poor investor for sure 🤣🤣. Hope to move up another tax bracket by next year. 🙏
You are a game changer Mike. Being able to see through all the financial chaos in the media and focusing on the pieces that matter has been so incredibly valuable.
Couldn't you just borrow against your stocks, so you don't have to pay taxes.
How about bounties for bringing in undocumented people so they can be incarcerated in private prisons? How about that policy?
Mike, remind me again why you voted for Trump.
@@nicholasgomez2485 Trump! 💯
Emotional and psychological reasons not logic and reason.
Sir if normal folks don’t have the spending power then corporations cannot earn.
Look at McDonald’s!
Meaning the capital markets will all be wild speculation and inflation from too much money searching for anything that looks hots.
AKA an eventual collapse and with the current state of affairs,..zombie apocalypse.
At some point it is no longer numbers but your neighbors being evicted.
@@mikeydoggy Come on Mike. That’s not an answer. I am fascinated by your vote for Trump. An intelligent man like you, voting for Trump, who is doing what he warned he would do that you don’t seem to like most of what he has done, and it is only the first 5-days, is inexplicable to me. I’m starting to think that you won’t admit you made a mistake. That is disappointing. We all make mistakes.
Because he is a ❄️
3 trillium budget? Gonna need one hell of a tax cut to keep a sufficient real deficit deep enough to support spending and savings desires. With deregulation of banking it might push out a recession with increased personal debt and drawing down saving. Like Mike says we have to wait and aee what they actually do but its hard to see how a 3 trillion budget would work, you would need to cut taxes from nearly 5 trillion to 3 trillion just to not have a surplus. 40% cut in taxes?
Let’s go 10k subscribers
@@Jose-yy4nt 10k baby. Let’s Gooooo!!!!!
Wouldn’t lowering interest rates be the equivalent of spending cuts and or tax hikes?
@@frankperrott6048 yes to a degree, but like I said, I don’t care about policy because I know how to use it to my advantage.
Such as property tax…. Can't pay property tax if the cash isn't available.
Yessss mike the cowboy with the .45,s has returned haha luv this shout out 😅keep up puttin people strate in tge picture ❤
fiscal discipline: make a plan, a budget, buy the things you need first, put away 10% in assets (gold silver income property, that the FED, banking cartel, and the Federal government cannot cheat you out of. Never trust the government, never trust the oligarchs or secret societies.
I love these rants! It makes my day 😅 Mike most people can’t handle the TRUTH 😊
❤👁
We gonna miss Joey real quick soon 😂 didnt know how good we had it
❤Hey guys, l've been trying to learn about trend line trading, but I'm having a hard time understanding how to use it effectively. Can someone explain it to me in simple terms?