by Summary:
No borrowing. Money already there.
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Mike Norman considers the following as important:
This could be interesting, too:
No borrowing. Money already there.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
NewDealdemocrat writes March JOLTS report: declines in everything, fortunately including layoffs
NewDealdemocrat writes Manufacturing treads water in April, while real construction spending turned down in March (UPDATE: and heavy truck sales weren’t so great either)
Eric Kramer writes Eric Segall tells us what he really thinks about the Roberts court
Angry Bear writes Supreme Court watchers mollified themselves (and others) with vague promises
| No borrowing. Money already there. |
The market tide rises all boats – except Tesla. I'm taking a huge hit with Tesla.🤷♂️
1st!?!..
How lovable is this f**** guy.
Mikey Norman.
You're the Best'! You're a crazy man & a genius. Personality plus.
We 💕 you!!!
MIKE NORMAN IS NUMERO UNO, LISTEN TO HIM!!! 🙌🏽🙌🏽🙌🏽😁🤑
He is pushing a false narrative about surpluses and deficits. – Surpluses are not a drain on the economy. Deficits are not an addition to the financial balances of the economy. It is ironic that Norman mentions a balance but fails in his understanding of the fact that balance means equal debt to assets across the whole economy.
so I was thinking about these yappy dogs. I think you should make a video solely devoted to the yappy dogs. In other words a few seconds before they start in and a few seconds after they finish just take a little section of each of your videos – it would be hysterical and I think would actually help your channel. just remember me if it goes viral 🦴🐾
LA's fine the sun shines most the time and the feeling is laid back. Palm trees grow and rents are low.
Welcome to California where everyone has a yappy, small white dog with a brown muzzle.
Those goddamn dogs, everytime!!
comon man you said you bought tech sttocks on wednesday on thursday tech shit the bed…..
You have been spot on
Mike rocks!
Your doggy friends bother you more than they bother me 😊 . If Ray Dalit says something, best to believe the opposite…
Love the daily emails for sure!
fear marketing he gets paid when people sell
Everyone's leaving California
Rick Newman, Senior Columnist at Yahoo! Finance said yesterday, "We’re now beginning to see the real-life effects of an unsustainable federal debt load… That forces the borrower — the US government — to pay higher interest rates, which in turn pushes up borrowing costs for consumers and businesses in much of the Western world."
I asked him why he thinks that the national Debt size forces the government to pay higher interest rates. I then asked him if he knows that the Federal Reserve Board's committee (FOMC) is the one who decides the interest rate. I don't expect to hear from him.
It's only borrowing if market participants buy it. Otherwise, it'll be monetization = inflation is back on.
Game over. 33 trillion at 6% is 2 trillion in interest/year. Additionally, they have to borrow MORE to pay back the principle at maturity! The Treasury just doesn't have that "money" lying around. I've personally loaned the government and purchased Treasuries laddered out to 18 months. They will pay me back both my principle and interest earned. We only ever talk about interest owed by the government, but they also must borrow to payback the principle!