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	<title>Monty Pelerin&#039;s World &#187; GDP</title>
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	<link>http://www.economicnoise.com</link>
	<description>Economics, Finance and Politics Through The Prism of Classical Liberalism</description>
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		<title>GDP: China vs. US</title>
		<link>http://www.economicnoise.com/2011/09/12/gdp-china-vs-us/</link>
		<comments>http://www.economicnoise.com/2011/09/12/gdp-china-vs-us/#comments</comments>
		<pubDate>Mon, 12 Sep 2011 20:15:30 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[China]]></category>
		<category><![CDATA[GDP]]></category>
		<category><![CDATA[R Andersen]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=23098</guid>
		<description><![CDATA[Charles R. Andersen has an interesting comparison on various country GDP measures. The US GDP is approximately 50% larger than China&#8217;s. On a per capita basis, the US is almost 7 times larger than China. However, China has already surpassed the US in manufacturing and is 46% larger. Share/Save]]></description>
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		<title>The Fraud of GDP</title>
		<link>http://www.economicnoise.com/2011/08/15/the-fraud-of-gdp/</link>
		<comments>http://www.economicnoise.com/2011/08/15/the-fraud-of-gdp/#comments</comments>
		<pubDate>Mon, 15 Aug 2011 10:25:49 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[GDP]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Barry Ritholtz]]></category>
		<category><![CDATA[Conspicuous Consumption]]></category>
		<category><![CDATA[Net Worth]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=22397</guid>
		<description><![CDATA[The time to save is now. When a dog gets a bone, he doesn&#8217;t go out and make a down payment on a bigger bone. He buries the one he&#8217;s got. Will Rogers The number one myth that politicans want you to beieve is the following: 1. U.S. GDP Is Growing U.S. GDP has increased by 4.26% <a href='http://www.economicnoise.com/2011/08/15/the-fraud-of-gdp/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Housing In A Nutshell</title>
		<link>http://www.economicnoise.com/2011/08/01/housing-in-a-nutshell/</link>
		<comments>http://www.economicnoise.com/2011/08/01/housing-in-a-nutshell/#comments</comments>
		<pubDate>Mon, 01 Aug 2011 10:33:27 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[economy]]></category>
		<category><![CDATA[GDP]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[Fiscal Stimulus]]></category>
		<category><![CDATA[Hyperinflation]]></category>
		<category><![CDATA[New Housing Starts]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=22127</guid>
		<description><![CDATA[Hat Tip to Reader NII with my note after the graph: Short run thinking by politicians permitted mortgage credit to excessively expand. Credit expansion shifts consumption from the future to the present.  The “future” is here. I don’t think the general public realizes yet that the 20-25 year boom in mortgage lending (low rates, lower <a href='http://www.economicnoise.com/2011/08/01/housing-in-a-nutshell/'>[...]</a>]]></description>
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		<title>Taking Not Making</title>
		<link>http://www.economicnoise.com/2011/04/02/taking-not-making/</link>
		<comments>http://www.economicnoise.com/2011/04/02/taking-not-making/#comments</comments>
		<pubDate>Sat, 02 Apr 2011 11:38:11 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[economy]]></category>
		<category><![CDATA[employment]]></category>
		<category><![CDATA[Favorites]]></category>
		<category><![CDATA[GDP]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Investing Thoughts]]></category>
		<category><![CDATA[Regulation]]></category>
		<category><![CDATA[Economy Inflation]]></category>
		<category><![CDATA[European Welfare States]]></category>
		<category><![CDATA[Growth Economy]]></category>
		<category><![CDATA[Henry Hazlitt]]></category>
		<category><![CDATA[Public Sectors]]></category>
		<category><![CDATA[Stagnation]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=19539</guid>
		<description><![CDATA[Slowly, almost imperceptibly, our economy has changed from a dynamic growth economy into a non-growth, tired and spent welfare state. The implications of this change are enormous and should be recognized by investors, taxpayers and anyone else who will pay in one way or another for this change. Our future is nearly permanent stagnation, until <a href='http://www.economicnoise.com/2011/04/02/taking-not-making/'>[...]</a>]]></description>
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		<slash:comments>2</slash:comments>
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		<title>John Mauldin Opines on Keynesian Nonsense</title>
		<link>http://www.economicnoise.com/2010/10/13/john-mauldin-opines-on-keynesian-nonsense/</link>
		<comments>http://www.economicnoise.com/2010/10/13/john-mauldin-opines-on-keynesian-nonsense/#comments</comments>
		<pubDate>Wed, 13 Oct 2010 13:49:11 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Bernanke]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[employment]]></category>
		<category><![CDATA[Favorites]]></category>
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		<category><![CDATA[GDP]]></category>
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		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[Keynesian]]></category>
		<category><![CDATA[mauldin]]></category>
		<category><![CDATA[Cowboys]]></category>
		<category><![CDATA[Employment]]></category>
		<category><![CDATA[John Mauldin]]></category>
		<category><![CDATA[QE]]></category>
		<category><![CDATA[Quantitative Easing]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=14785</guid>
		<description><![CDATA[John Mauldin hits a walk-off home-run with his recent column The Ride of the Keynesian Cowboys. To paraphrase my Texan friends, they would describe Keynesian Cowboys as &#8220;big hat, no cattle.&#8221; That is, big talk and no results. That is a pretty accurate description of the last two years. Unfortunately, there has been action. It <a href='http://www.economicnoise.com/2010/10/13/john-mauldin-opines-on-keynesian-nonsense/'>[...]</a>]]></description>
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