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Existing home sales, EU current account surplus, Tech IPO’s

Summary:
A bit higher than expected now been going sideways for almost a year: Existing Home Sales Euro Area current account surplus continues to zig zag it’s way higher: Euro Area Current AccountEurozone current account surplus came in at €32.3 billion in March of 2016 compared to an upwardly revised €11.2 billion surplus in the previous month. The surpluses in balances of goods (to €36.1 billion from €25.2 billion in February) and services (to €4.5 billion from €3.2 billion) widened while the one in primary income (to €6.5 billion from €6.8 billion) narrowed slightly. In addition, the secondary income deficit decreased (to €-14.8 billion from €-24 billion). This is ‘borrowing to spend’ that’s gone away:

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A bit higher than expected now been going sideways for almost a year:

Existing Home Sales
Existing home sales, EU current account surplus, Tech IPO’s

Existing home sales, EU current account surplus, Tech IPO’s
Existing home sales, EU current account surplus, Tech IPO’s
Euro Area current account surplus continues to zig zag it’s way higher:

Euro Area Current Account

Eurozone current account surplus came in at €32.3 billion in March of 2016 compared to an upwardly revised €11.2 billion surplus in the previous month. The surpluses in balances of goods (to €36.1 billion from €25.2 billion in February) and services (to €4.5 billion from €3.2 billion) widened while the one in primary income (to €6.5 billion from €6.8 billion) narrowed slightly. In addition, the secondary income deficit decreased (to €-14.8 billion from €-24 billion).
Existing home sales, EU current account surplus, Tech IPO’s

This is ‘borrowing to spend’ that’s gone away:
Existing home sales, EU current account surplus, Tech IPO’s

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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