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	<title>Monty Pelerin&#039;s World &#187; Deficit</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>Investors Beware</title>
		<link>http://www.economicnoise.com/2010/03/17/investors-beware/</link>
		<comments>http://www.economicnoise.com/2010/03/17/investors-beware/#comments</comments>
		<pubDate>Thu, 18 Mar 2010 00:23:11 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Bernanke]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Rosenberg]]></category>
		<category><![CDATA[Consumer confidence]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[Deficit]]></category>
		<category><![CDATA[durden]]></category>
		<category><![CDATA[Employment]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=9266</guid>
		<description><![CDATA[This post from Tyler Durden relies heavily on David Rosenberg, probably the most astute financial/economic analysis around. Both are very dubious regarding a recovery and the levitating stock market. It is highly unlikely that we are in a real recovery. Reported GDP numbers were positive for the past two quarters, but subsidiary components are not <a href='http://www.economicnoise.com/2010/03/17/investors-beware/'>[...]</a>]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Obama’s “Ides-of-March” Moment is Near</title>
		<link>http://www.economicnoise.com/2010/02/24/obama%e2%80%99s-%e2%80%9cides-of-march%e2%80%9d-moment-is-near/</link>
		<comments>http://www.economicnoise.com/2010/02/24/obama%e2%80%99s-%e2%80%9cides-of-march%e2%80%9d-moment-is-near/#comments</comments>
		<pubDate>Wed, 24 Feb 2010 14:01:18 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Bernanke]]></category>
		<category><![CDATA[China]]></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[Government]]></category>
		<category><![CDATA[Greenspan]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[Treasury]]></category>
		<category><![CDATA[Deficit]]></category>
		<category><![CDATA[Federal government of the United States]]></category>
		<category><![CDATA[foreign investors]]></category>
		<category><![CDATA[Government debt]]></category>
		<category><![CDATA[Jimmy Carter]]></category>
		<category><![CDATA[Paul Volcker]]></category>
		<category><![CDATA[Treasury Bonds]]></category>
		<category><![CDATA[U.S Treasury]]></category>
		<category><![CDATA[United States Treasury security]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=8884</guid>
		<description><![CDATA[In Jimmy Carter’s reign, the Wall Street Journal editorialized about “Ratcheting to Ruin.” The title derived from the fact that each cycle high in unemployment was higher than previous ones, and each cycle high in inflation was also. “Stagflation” was coined to describe what up until then was believed to be impossible in the Keynesian <a href='http://www.economicnoise.com/2010/02/24/obama%e2%80%99s-%e2%80%9cides-of-march%e2%80%9d-moment-is-near/'>[...]</a>]]></description>
		<wfw:commentRss>http://www.economicnoise.com/2010/02/24/obama%e2%80%99s-%e2%80%9cides-of-march%e2%80%9d-moment-is-near/feed/</wfw:commentRss>
		<slash:comments>6</slash:comments>
		</item>
		<item>
		<title>Must Reads: How This Ends</title>
		<link>http://www.economicnoise.com/2010/02/16/must-reads-how-this-ends/</link>
		<comments>http://www.economicnoise.com/2010/02/16/must-reads-how-this-ends/#comments</comments>
		<pubDate>Tue, 16 Feb 2010 13:12:43 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[credit]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Deflation]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[mauldin]]></category>
		<category><![CDATA[Central bank]]></category>
		<category><![CDATA[Deficit]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Federal government of the United States]]></category>
		<category><![CDATA[Government bond]]></category>
		<category><![CDATA[Ponzi scheme]]></category>
		<category><![CDATA[Quantitative Easing]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=8828</guid>
		<description><![CDATA[These three articles are must reading for anyone interested in the future of the economy.  No investor or citizen should be ignorant of the possibilities raised in these articles. Ponzi Scheme by Puru Saxena Editor, Money Matters Let’s face it, the government-bond market in the West is a gigantic Ponzi scheme.  Most governments in the <a href='http://www.economicnoise.com/2010/02/16/must-reads-how-this-ends/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Keynes, Government, The People and Obama</title>
		<link>http://www.economicnoise.com/2010/02/07/keynes-government-the-people-and-obama/</link>
		<comments>http://www.economicnoise.com/2010/02/07/keynes-government-the-people-and-obama/#comments</comments>
		<pubDate>Sun, 07 Feb 2010 13:26:30 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[economy]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Keynesian]]></category>
		<category><![CDATA[Barack Obama]]></category>
		<category><![CDATA[Deficit]]></category>
		<category><![CDATA[Deficit spending]]></category>
		<category><![CDATA[Economic]]></category>
		<category><![CDATA[John Maynard Keynes]]></category>
		<category><![CDATA[Keynesian Economics]]></category>
		<category><![CDATA[Rasmussen]]></category>
		<category><![CDATA[Richard Nixon]]></category>
		<category><![CDATA[United States]]></category>
		<category><![CDATA[wisdom of crowds]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=8732</guid>
		<description><![CDATA[The results of this recent Rasmussen survey support my observation that the more economics courses taken in college the less knowledgeable a person is in the subject. Taken to its extreme, this contention would mean that those with PhD degrees in Economics are the least knowledgeable, which is not always true. There are actually some <a href='http://www.economicnoise.com/2010/02/07/keynes-government-the-people-and-obama/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Martenson Sees No Recovery</title>
		<link>http://www.economicnoise.com/2010/01/07/martenson-sees-no-recovery/</link>
		<comments>http://www.economicnoise.com/2010/01/07/martenson-sees-no-recovery/#comments</comments>
		<pubDate>Thu, 07 Jan 2010 13:57:39 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[consumer]]></category>
		<category><![CDATA[crash course]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[currency]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[dollar]]></category>
		<category><![CDATA[ethics]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[martenson]]></category>
		<category><![CDATA[morality]]></category>
		<category><![CDATA[spending]]></category>
		<category><![CDATA[taxes]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Chris Martenson]]></category>
		<category><![CDATA[Deficit]]></category>
		<category><![CDATA[GMAC]]></category>
		<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[Unemployment benefits]]></category>
		<category><![CDATA[United States]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=8385</guid>
		<description><![CDATA[Here is a good collection of articles from Chris Martenson&#8217;s site. These articles show no green shoots, and in no way are consistent with what the government wants you to believe. There is no recovery coming. See recent post about 2010 will be worse. Take a look at Chris&#8217; site. Be sure to watch &#8220;The <a href='http://www.economicnoise.com/2010/01/07/martenson-sees-no-recovery/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
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