Mike Norman is currency trader and economist who is a proponent of Modern Monetary Theory (MMT). He writes a blog at www.mikenormaneconomics.blogspot.com.

A loss of its reserve status would be a boon, not a bust.
I am bullish and still long at higher levels.
All this talk of bankrupting our kids is nonsense.
Yellen's recent remarks about equities have opened a can of worms.
The short side of the market is in very weak hands.
It's sad we'd rather lock up reality stars than punish bank fraudsters. 
The loss of the dollar's reserve status would not be a disaster.
It should default on its debt and take the short-term pain for long-term gain.
Money printing was no stimulus. 
As long as corporate profits grow, the market averages will climb.

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