Tuesday , April 29 2025
Home / Video / It’s all about the pizza.

It’s all about the pizza.

Summary:
Gov't cutting spending or reducing its "debt" is like reducing a pizza, while the number of people is the same or growing. Soime will have nothing to eat or, everyone will have a smaller and smaller slice. Sign up for my email list. Email me at [email protected]

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model

Mike Norman writes The Accursed Tariffs — NeilW

Mike Norman writes IRS has agreed to share migrants’ tax information with ICE

Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius

Gov't cutting spending or reducing its "debt" is like reducing a pizza, while the number of people is the same or growing. Soime will have nothing to eat or, everyone will have a smaller and smaller slice.



Sign up for my email list.

Email me at [email protected]
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.

44 comments

  1. excellent.. but why am I hungry now ???

  2. Sir William Baloney

    All I got from this is you like pizza and it's ok for the government to spend into oblivion.

  3. Collective wisdom. We’re in it together, Mike.

  4. Mike you get it right more times and you get it wrong what you're doing is invaluable. Thank you Mike

  5. Thanks now I’m craving ?

  6. Why can’t we just say that government doesn’t need revenue it needs resources???

  7. Thank you Mike. Slip ups like this is a gentle reminder that we must always be on our toes & check everything thoroughly. I will keep in mind this valuable lesson from today onwards. Have a great week ahead.

  8. It is confusing.
    billions here billions there ?

  9. isnt there one on feb 15th also

  10. Hey Mike! You mentioned the Jan 15th tax drain back in August prior to the September tax drain.

  11. And here I was thinking your infallible 😉

  12. Love the pizza analogy

  13. Austerity is Pizza without any toppings.

Leave a Reply

Your email address will not be published. Required fields are marked *