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All the water got drained out of the pool.

Summary:
Using the swimming pool analogy for hte economy, the April tax haul was the equivalent of draining all the water (yes...real liquidity) out of the pool. Luckily, the drain is plugged and the water is flowing back in again, but it will take time to fill up. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/

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Using the swimming pool analogy for hte economy, the April tax haul was the equivalent of draining all the water (yes...real liquidity) out of the pool. Luckily, the drain is plugged and the water is flowing back in again, but it will take time to fill up.



Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/



Mike Norman Twitter

https://twitter.com/mikenorman



Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
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.

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