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

Archive for June 30th, 2010

OPEC June Crude Output Down 157,000 Bbl/Day to 29.23 Mln

Posted by WARREN MOSLER on 30th June 2010

With the saudis setting price and letting quantity adjust looks like net demand isn’t going anywhere

Europe got by the ‘rollover event’ without drama.

German unemployment down a tad and muddling through.

Euro solvency issues (slowly) fading with ECB in control?

OPEC June Crude Output Down 157,000 Bbl/Day to 29.23 Mln

Posted in Comodities, Oil | No Comments »