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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.

NORWAY OIL FUND TO CUT EUROPE BOND HOLDINGS TO 40% FROM 60%

Posted by WARREN MOSLER on March 30th, 2012

Rats leaving the sinking ship…

NORWAY OIL FUND TO CUT EUROPE BOND HOLDINGS TO 40% FROM 60%

2 Responses to “NORWAY OIL FUND TO CUT EUROPE BOND HOLDINGS TO 40% FROM 60%”

  1. Neil Wilson Says:

    But still not going to spend the ‘wealth’ fund on anything real that helps Norwegians.

    Reply

  2. walter Says:

    Maybe no bonds in euros, but still euros for the time being.

    I wonder what EUR/USD would be if all those people that now leave the ship would return.

    Reply

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