The Center of the Universe

St Croix, United States Virgin Islands

MOSLER'S LAW: There is no financial crisis so deep that a sufficiently large tax cut or spending increase cannot deal with it.

2008-12-17 USER

Posted by WARREN MOSLER on December 17th, 2008

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MBA Mortgage Applications (Dec 12)

Survey n/a
Actual 2.9%
Prior -7.1%
Revised -4.7%


MBA Purchasing Applications (Dec 12)

Survey n/a
Actual 286.10
Prior 299.60
Revised n/a

Down some, but still off the lows.


MBA Refinancing Applications (Dec 12)

Survey n/a
Actual 4156.00
Prior 3901.90
Revised n/a

Up and should move up further with lower rates.


Current Account Balance (3Q)

Survey -$179.0B
Actual -$174.1B
Prior -$183.1B
Revised -$180.9B

Worse than expected but looks to still be working its way lower.


Current Account TABLE 1 (3Q)


Current Account TABLE 2 (3Q)


Current Account TABLE 3 (3Q)


Current Account TABLE 4 (3Q)


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