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	<title>Monty Pelerin&#039;s World &#187; interest</title>
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	<link>http://www.economicnoise.com</link>
	<description>Economics, Finance and Politics Through The Prism of Classical Liberalism</description>
	<lastBuildDate>Wed, 08 Feb 2012 06:13:01 +0000</lastBuildDate>
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		<title>Government Is Dead Man Walking</title>
		<link>http://www.economicnoise.com/2012/02/01/government-is-dead-man-walking/</link>
		<comments>http://www.economicnoise.com/2012/02/01/government-is-dead-man-walking/#comments</comments>
		<pubDate>Wed, 01 Feb 2012 06:35:52 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Debt]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[interest]]></category>
		<category><![CDATA[CBO]]></category>
		<category><![CDATA[Fiscal Crisis]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=26189</guid>
		<description><![CDATA[This response is from a regular reader sent directly to me. I blocked out his name only because I don&#8217;t know whether he wants it to be revealed. I am in complete agreement with what he says. It is precisely this reason that I believe the situation is hopeless. As I have said on other <a href='http://www.economicnoise.com/2012/02/01/government-is-dead-man-walking/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>US Equals Greece in Three Years</title>
		<link>http://www.economicnoise.com/2011/08/05/us-equals-greece-in-three-years/</link>
		<comments>http://www.economicnoise.com/2011/08/05/us-equals-greece-in-three-years/#comments</comments>
		<pubDate>Fri, 05 Aug 2011 11:21:52 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[economy]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[interest]]></category>
		<category><![CDATA[Comptroller]]></category>
		<category><![CDATA[Currency Risk]]></category>
		<category><![CDATA[David Walker]]></category>
		<category><![CDATA[Debt Crisis]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=22156</guid>
		<description><![CDATA[David Walker, former Comptroller General of the US, is quoted by David Panzner: &#8220;We are not exempt from a debt crisis,&#8221; he said. &#8220;We&#8217;re never going to default, because we can print money. At the same point in time, we have serious interest rate risk, we have serious currency risk, we have serious inflation risk <a href='http://www.economicnoise.com/2011/08/05/us-equals-greece-in-three-years/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Guaranteed Losses vs. Moving Out The Risk Curve</title>
		<link>http://www.economicnoise.com/2011/07/29/guaranteed-losses-vs-moving-out-the-risk-curve/</link>
		<comments>http://www.economicnoise.com/2011/07/29/guaranteed-losses-vs-moving-out-the-risk-curve/#comments</comments>
		<pubDate>Fri, 29 Jul 2011 13:15:47 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Debt]]></category>
		<category><![CDATA[interest]]></category>
		<category><![CDATA[Investing Thoughts]]></category>
		<category><![CDATA[martenson]]></category>
		<category><![CDATA[Other]]></category>
		<category><![CDATA[Chris Martenson]]></category>
		<category><![CDATA[Debt Ceiling]]></category>
		<category><![CDATA[Dilemma]]></category>
		<category><![CDATA[Treasury Prices]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=22068</guid>
		<description><![CDATA[Chris Martenson on the Investor Problem: Debt Ceiling Dilemma: The Foul Choice Facing Investors Thursday, July 28, 2011, 10:23 am, by cmartenson For the record, I still believe that there will not be a breach of the debt ceiling and no overt default for the US. Things will be worked out in the nick of <a href='http://www.economicnoise.com/2011/07/29/guaranteed-losses-vs-moving-out-the-risk-curve/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
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		<title>The Debt Death Spiral</title>
		<link>http://www.economicnoise.com/2011/05/06/the-debt-death-spiral/</link>
		<comments>http://www.economicnoise.com/2011/05/06/the-debt-death-spiral/#comments</comments>
		<pubDate>Fri, 06 May 2011 11:01:12 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Debt]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[interest]]></category>
		<category><![CDATA[Debt Problem]]></category>
		<category><![CDATA[Government debt]]></category>
		<category><![CDATA[Interest Expense]]></category>
		<category><![CDATA[Interest Payments]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=20297</guid>
		<description><![CDATA[The following video outlines the debt problem. Unfortunately the interest cost is greatly understated. I believe the presenter makes his calculations based on interest rates holding constant at their current low levels while calculating future interest expense. That will not happen. Interest rates are more normally in the 5% range rather than the near zero <a href='http://www.economicnoise.com/2011/05/06/the-debt-death-spiral/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
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		<title>The Canary Is Dying and So Is Our Future</title>
		<link>http://www.economicnoise.com/2011/03/09/the-canary-is-dying-and-so-is-our-future/</link>
		<comments>http://www.economicnoise.com/2011/03/09/the-canary-is-dying-and-so-is-our-future/#comments</comments>
		<pubDate>Wed, 09 Mar 2011 17:23:30 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Bernanke]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[dollar]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Favorites]]></category>
		<category><![CDATA[Fed]]></category>
		<category><![CDATA[gold]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[interest]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[bonner]]></category>
		<category><![CDATA[Canary]]></category>
		<category><![CDATA[Depression]]></category>
		<category><![CDATA[Hyperinflation]]></category>
		<category><![CDATA[Inflation]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=18804</guid>
		<description><![CDATA[Wikipedia describes the use of animals as early warning sensors. Canaries were used by miners: The classic example of animals serving as sentinels is the canary coal mine. Well into the 20th century, coal miners in the United Kingdom and the United States brought canaries into coal mines as an early-warning signal for toxic gases <a href='http://www.economicnoise.com/2011/03/09/the-canary-is-dying-and-so-is-our-future/'>[...]</a>]]></description>
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		<slash:comments>4</slash:comments>
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