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.

Euro-Area Exports Decline Most in Five Months on Euro Strength

Posted by WARREN MOSLER on February 15th, 2013

As previously discussed, gains in competitiveness cause the euro to go up to the point where they are obviated.

EU headlines:
Euro-Area Exports Decline Most in Five Months on Euro Strength
Weidmann Says ECB Wont Cut Rates Just to Weaken the Euro
Draghi Says Exchange Rate is Important for Growth, Inflation