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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.

German ZEW looking ominous

Posted by WARREN MOSLER on August 24th, 2011

If the slowdown causes the deficit to go up, they will just have to cut that much more.

chart

One Response to “German ZEW looking ominous”

  1. TC Says:

    Oil prices. If we see the WTI-Brent spread fall, it’s all good.

    Reply

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