Below is the report on the increase in the German Economy released today. Also included are the comments by Warren Mosler, who has pretty much been the best we have seen out of all for many years at understanding and discussing the Eurozone issues as well as the right side of the Euro trade to be on. Whats relevant to…
Read below on Warren’s comments on CNBC.COM this morning. When I asked him to please explain to me how is it that the ECB could have ” unlimited funds to buy the debt of the Eurozone nations” he responded: ” How could there be? ( a limit) They spend by crediting the accounts of their member banks on their own…
I was emailing back and forth with my friend Warren, and he mentioned to me that most do not realize that a main reason the US Markets have rallied last week is the situation has changed in the Eurozone. Now that the ECB is buying the government securities of the various Eurozone nations, i.e. Ireland again today, they are in…