Feynman’s integral trick (student stuff) .[embedded content] I had learned to do integrals by various methods shown in a book that my high school physics teacher Mr. Bader had given me. [It] showed how to differentiate parameters under the integral sign – it’s a certain operation. It turns out that’s not taught very much in the universities; they don’t emphasize it. But I caught on how to use that method, and I used that one damn tool again and again. [If]...

Last Friday (March 10, 2023), the US Bureau of Labor Statistics (BLS) released their latest labour market data – Employment Situation Summary – February 2023 – which revealed a slight dip in the number of net payroll jobs created and a slight increase in the unemployment rate. It is too early to say whether this marks a turning point in the US labour market after several months of interest rate increases. We will know more about that next month. January’s result was very strong, so a slight...

With the FDIC auction underway, the Silicon Valley Bank Crisis may either be over or raging uncontrollably when you read this. I lean towards the scenario of excitement winding down, but at the same time, I know literally nothing about the quality of SVB’s asset book. Rather than speculate, I just want to point out what I see as key: credit market conditions (including wholesale funding) are the only thing the Fed really cares about. Even if one worries about other large regional banks,...

No. Absolutely not. Although the worst is not over, with regulatory mismanagement and tax drains coming, the good news is that fiscal will say huge. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course....

[unable to retrieve full-text content]Support my work via Patreon The collapses of Silvergate and Silicon Valley Bank are like icebergs calving off from the Antarctic glacier. The financial analogy to the global warming causing this collapse is the rising temperature of interest rates, which spiked last Thursday and Friday to close at 4.60 percent for the U.S. Treasury’s two-year Continue Reading The post Why the Banking System is Breaking Up first appeared on Michael Hudson.

Another Message Board Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. I’ve moved my irregular email news from Mailchimp to Substack. You can read it here. You can also follow me on Mastodon here I’m also trying out Substack as a blogging platform. For the moment, I’ll post both at this blog and on Substack. Share this:Like this:Like Loading...

MAGA coming out swinging…  Silicon Valley leftists getting their clocks cleaned due to their own Democrat Biden people increasing risk free rate in unprecedented fashion as a desperate monetarist attempt to help him with his inflation problem last election year and continuing … No bailouts. Period. pic.twitter.com/Kj8yFCEtWJ— Lauren Boebert (@laurenboebert) March 11, 2023 Will need to at least get something out of it from Dems… like maybe approval of the political delay in TMTG/DWAC merger...

Hey look, this is an interesting C&P from Hullabaloo. Why is it that those who attack others who appear to be different actually do similar things or are similar? You typically find this out years later. I don’t know . . . “He just doesn’t like people,” Digby’s Hullabaloo, (digbysblog.net) He’s Nixon in high heels . . . He’s very weird: Suzy Barker, a native Iowan dressed in an orange-and-blue University of Florida hoodie, waited...

What Every Conservative Needs to Know about Student Loans, Alan Collinge, Medium. Conservatives have been tricked into defending the worst big-government loan scam in U.S. History; a slight majority of the borrowers identify as either republican, or independent. The 2020 election was a huge loss for the republicans. Even so, Conservatives buoyed by recent election wins, and the current unpopularity of the President. There is one issue that...