Obama talked about how the U.S. can't keep spending on the military like it has been..... wants other countries in Nato to take the slack. So there you have it folks: U.S. military spending to be cut back because the money is not available. Hopefully the rest of NATO won't take up the slack and we will suddenly have more money for things other than WAR.
Paris ib 17:53:20 GMT - 03/27/2014
How to make yourself look like a complete donkey. AND he was talking about the pros and cons of austerity. Before he goes on tour someone should explain (in simple terms) how things actually work with things like government deficits and stuff and how no-one in the OECD actually has a surplus. And in Europe I don't think there has been a surplus anywhere significant for quite some time, decades even.
Paris ib 17:48:39 GMT - 03/27/2014
I guess he means countries exporting capital (running current account surpluses) because there ain't no-one in the developed world with a government sector surplus at present. Certainly there are no European governments running surpluses. So what's he suggesting exactly? More cross border lending? More international capital flows.
Claims 0: ..."Those countries that have substantial surpluses have more room to help boost European-wide demand, and that in turn will help countries that are still in deficit, that will lift Europe as a whole, and that means that everybody's growing,"...
Poof !! and they will happily 4-ever after
dc CB 17:06:37 GMT - 03/27/2014
except when the deebate in the Congress is whether or not to spend that Billion on something here in Amurica. Then it's a HUGE HUGE HUGE budget breaking number.
Meanwhile the New Trending Trade...Sell the 5vers and buy the 30s
Mtl JP 17:00:52 GMT - 03/27/2014
one billion is a micro-peanut
dc CB 16:55:41 GMT - 03/27/2014
ain't it a great day fur amurica...sending a billion directly to Putin for natgas.
Mtl JP 16:48:02 GMT - 03/27/2014
one lucky bunch the Ukrainians....
as US Senate's bill grants $1 billion in loan guarantees
GVI Forex Blog 15:58:22 GMT - 03/27/2014
The third and final reading of US fourth quarter GDP was +2.6%, a touch higher than the +2.4% second reading out in February but still below the +3.2% advance estimate released in January. The slight upshift versus the second reading reflected greater than estimated personal consumption expenditures but a largely consistent economic pic
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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