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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.

Valance Weekly Report 8.24.2011

Posted by WARREN MOSLER on August 25th, 2011

Valance Weekly Report

US – Philly Fed collapse
EU – Confidence weakening
JN – Corp Service Prices Unchanged, Industry Activity Increased
UK – Weak Retail, factory orders improving
CA – Positive CPI met expectations
AU – “Currency intervention isn’t warranted”
NZ – Exodus continues

5 Responses to “Valance Weekly Report 8.24.2011”

  1. roger erickson Says:

    “My centre is giving way, my right is in retreat; situation excellent. I shall [dither].” — Marshal [Bernanobama], WW[N]

    Right Wing Out-of-Paradigm Misquotes_Placed_Perfectly (for narrow purposes)
    http://rightwingnews.com/quotes/war.php

    Reply

  2. Paul Palmer Says:

    The market is totally discounting Obama’s upcoming jobs plan.

    Reply

    WARREN MOSLER Reply:

    maybe not. :(

    Reply

    Paul Palmer Reply:

    it was meant to be tongue in cheek

    Reply

    WARREN MOSLER Reply:

    It worked either way, thanks!

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