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Trump freezes payments!

Summary:
A judge blocked, but only temporarily. This could be big and impactful. 

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A judge blocked, but only temporarily. This could be big and impactful. 
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.

30 comments

  1. It's smells like 'NO liquidity' ?

  2. Do you know how to grow your own food? Being an economist is no excuse.

    • @TheRepublicOfUngeria

      Being literally anything other than a farmer makes you incapable of growing enough food to sustain yourself. This includes anyone who owns a small vegetable and herb garden: you would not last a week on the pittiful snacks you can grow in your suburban backyard.

    • @@TheRepublicOfUngeria Mike said he's out in the boondocks.

  3. The black hole is a creditor, it want's its money!

  4. Sounds like this Trump guy backed by Techno-Fascists are doing the complete opposite that Mike here wants to see! Looks like the flows will be headed right into the shitter.

  5. Freeze ?

  6. @ricassoquixote4268

    Can you talk about what Trump spoke on about tariffs and eliminating tax? Related to before 1913 vs today. Do you think tariffs would raise inflation? Would love your opinion on this. Thanks so much for your videos been following for many years. Always informative

  7. Paying the debt back does not make it disappear. That $36T is principle to be paid to the lenders plus interest. The drain will occur via taxes paid.

  8. Why the hell he doesnt freeze aid to Israel and Egypt?

  9. Trash market

  10. Have you ever talked about the Hawk Tuah coin? She charges "gas" fees which sort of amounts to taxes and had a goal of spending her share of the coins and the "gas" fees to do charity. It's not the only crypto that charges "gas" fees, but it's kind of strange that she is being attacked, when she actually has something not too dissimilar from a real currency. If a successful coin launches with "gas" fees and the people behind it use their coin to create a successful economy, how long until crypto is banned?

  11. How is it sustainable to spend spend spend and send send send money to endless wars to keep them going? I don't understand?

  12. The government has to be run like a business right? Trump and Elon are great for businesses right?

    Let elon do yhe government likehe did twitter

  13. @edwardstanton3571

    What a surprise. Trump is stiffing the working people he owes for services completed. That's been his MO for decades.

  14. What Pres Trump is doing is pausing to look at where the money is going. Why? Because a lot of the funding goes on things like $50 million for CONDOMS IN GAZA. With MMT understanding it’s not IF we can fund things but SHOULD we. DEI programs and other garbage like that should lose ALL funding. SS and other programs like that aren’t being touched. The list was put out by the WH. I agree with the freeze as we need to make sure we aren’t funding wars and biolabs in Ukraine ,for examples. This must end. Again ,it’s not IF we can find things but SHOULD we. And yes I wish they understood MMT and approached funding with that in mind but we’re working with what we can until they do.

  15. MMT
    It's not modern. And it's currency, not money.

  16. @WilliamjournalNa

    I had problem comprehending trading in general. I tried watching other YouTube trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to follow

    • @StephenLambert-h3o

      I've been making a lot of looses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?

    • Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies

    • @MichelleJessica-x8j

      I will advise you should stop trading on your own if you keep losing

    • @MichelleJessica-x8j

      If you can, then get a professional to trade for you i think that way your assets are more secure

    • @MichelleJessica-x8j

      I'd recommend Lonna Anderson her profit is great even when there's a dip

  17. day later stock markets are in bullish mode still. Trump is evil , greedy, selfish, does not swear on bible for his oath, and his diplomaitc big stupid mouth isa bad combination. Now Idiot Trump wants to expell people from other countries, america voters are dumbed down.

  18. Fisher Investment founder wrote an interesting article on US 35 trillion debt, check him out on this. He told people back in November what they pollitically did not want to hear, that is no creditd or debt problem. He explains this situation with a few added factors great take on you tube check it out.Fisher said a sign of a credit crisis would be extremely high interest rates.

  19. Gundlach interview on CNBC after Powell fed speak. He claims PEG ration is at 30 SPX at the moment of 2008 PEG ratio was much much lower, I wonder does anyone know the default risks of the shadow banking?

  20. You are an irreplaceable source of useful information.

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