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	<title>The Great Recession</title>
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	<description>Just another WordPress.com weblog</description>
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		<title>The Great Recession</title>
		<link>http://thegreatrecession.wordpress.com</link>
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		<item>
		<title>Is Fonterra running a Ponzi Scheme?</title>
		<link>http://thegreatrecession.wordpress.com/2009/03/29/is-fonterra-running-a-ponzi-scheme/</link>
		<comments>http://thegreatrecession.wordpress.com/2009/03/29/is-fonterra-running-a-ponzi-scheme/#comments</comments>
		<pubDate>Sun, 29 Mar 2009 08:06:52 +0000</pubDate>
		<dc:creator>thegreatrecession</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Equities]]></category>
		<category><![CDATA[Fonterra]]></category>
		<category><![CDATA[Milk Payout]]></category>
		<category><![CDATA[Ponzi Scheme]]></category>

		<guid isPermaLink="false">http://thegreatrecession.wordpress.com/?p=57</guid>
		<description><![CDATA[First a quick introduction to Ponzi Schemes, recently made famous by the now notorious Bernie Madoff. A Ponzi Scheme involves paying the investors with equity, rather than genuine returns. The Ponzi Scheme survives by attracting more investment. Fonterra has dropped their payout to $5.10 but they need to drop it further to combat their mounting [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=thegreatrecession.wordpress.com&amp;blog=6925605&amp;post=57&amp;subd=thegreatrecession&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">Fonterra Assets Liabilities and Equity</media:title>
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		<item>
		<title>Inflation and deflation &#8211; Does anyone know what is going on?</title>
		<link>http://thegreatrecession.wordpress.com/2009/03/25/inflation-and-deflation-does-anyone-know-what-is-going-on/</link>
		<comments>http://thegreatrecession.wordpress.com/2009/03/25/inflation-and-deflation-does-anyone-know-what-is-going-on/#comments</comments>
		<pubDate>Tue, 24 Mar 2009 21:13:19 +0000</pubDate>
		<dc:creator>thegreatrecession</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[UK Economy]]></category>

		<guid isPermaLink="false">http://thegreatrecession.wordpress.com/?p=53</guid>
		<description><![CDATA[The UK records two measures of inflation the CPI (Consumer Prices Index) and the RPI (Retail Prices Index). The RPI is the older measure, however the Bank of England&#8217;s target of 1-2% inflation is based on the CPI. The RPI is still used for wage negotiations and is a common part of commercial contracts. The [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=thegreatrecession.wordpress.com&amp;blog=6925605&amp;post=53&amp;subd=thegreatrecession&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://thegreatrecession.wordpress.com/2009/03/25/inflation-and-deflation-does-anyone-know-what-is-going-on/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
	
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		<title>New Zealand Dollar &#8211; time to intervene?</title>
		<link>http://thegreatrecession.wordpress.com/2009/03/22/new-zealand-dollar-time-to-intervene/</link>
		<comments>http://thegreatrecession.wordpress.com/2009/03/22/new-zealand-dollar-time-to-intervene/#comments</comments>
		<pubDate>Sun, 22 Mar 2009 01:18:16 +0000</pubDate>
		<dc:creator>thegreatrecession</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://thegreatrecession.wordpress.com/?p=49</guid>
		<description><![CDATA[The humble New Zealand dollar gets a mention in the Economist. Apparently the Canadian&#8217;s think we are going to start efforts to de-value our dollar. Switzerland has recently made efforts to devalue their currency. Posted in Uncategorized<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=thegreatrecession.wordpress.com&amp;blog=6925605&amp;post=49&amp;subd=thegreatrecession&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://thegreatrecession.wordpress.com/2009/03/22/new-zealand-dollar-time-to-intervene/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<title>What if this is just the begining? &#8211; Longwave Theory</title>
		<link>http://thegreatrecession.wordpress.com/2009/03/21/what-if-this-is-just-the-begining-longwave-theory/</link>
		<comments>http://thegreatrecession.wordpress.com/2009/03/21/what-if-this-is-just-the-begining-longwave-theory/#comments</comments>
		<pubDate>Sat, 21 Mar 2009 08:42:31 +0000</pubDate>
		<dc:creator>thegreatrecession</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Great Recession]]></category>
		<category><![CDATA[Kondratiev]]></category>
		<category><![CDATA[longwave theory]]></category>
		<category><![CDATA[Market Bottom]]></category>
		<category><![CDATA[Market timing]]></category>

		<guid isPermaLink="false">http://thegreatrecession.wordpress.com/?p=39</guid>
		<description><![CDATA[Most discussions about how long the recession will be have the economy growing this year or some point next year. However one group of people predict we&#8217;ll be in recession for a lot lot longer. They think we won&#8217;t see an upturn for 15 years! Those who follow longwave theory aren&#8217;t in the main stream, [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=thegreatrecession.wordpress.com&amp;blog=6925605&amp;post=39&amp;subd=thegreatrecession&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://thegreatrecession.wordpress.com/2009/03/21/what-if-this-is-just-the-begining-longwave-theory/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">thegreatrecession</media:title>
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			<media:title type="html">longwave</media:title>
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		<title>The Great Recession recognised</title>
		<link>http://thegreatrecession.wordpress.com/2009/03/20/the-great-recession-recognised/</link>
		<comments>http://thegreatrecession.wordpress.com/2009/03/20/the-great-recession-recognised/#comments</comments>
		<pubDate>Thu, 19 Mar 2009 23:57:10 +0000</pubDate>
		<dc:creator>thegreatrecession</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://thegreatrecession.wordpress.com/?p=41</guid>
		<description><![CDATA[It must be official now. Stuff proclaim we are in &#8220;The Great Recession&#8221; stuff.co.nz article. Posted in Uncategorized<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=thegreatrecession.wordpress.com&amp;blog=6925605&amp;post=41&amp;subd=thegreatrecession&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>1</slash:comments>
	
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		<title>Alan Greenspan on trial</title>
		<link>http://thegreatrecession.wordpress.com/2009/03/19/alan-greenspan-on-trial/</link>
		<comments>http://thegreatrecession.wordpress.com/2009/03/19/alan-greenspan-on-trial/#comments</comments>
		<pubDate>Wed, 18 Mar 2009 23:52:42 +0000</pubDate>
		<dc:creator>thegreatrecession</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Alan Greenspan]]></category>
		<category><![CDATA[Great Recession]]></category>
		<category><![CDATA[housing bubble]]></category>
		<category><![CDATA[Recession]]></category>

		<guid isPermaLink="false">http://thegreatrecession.wordpress.com/?p=31</guid>
		<description><![CDATA[Alan Greenspan has gone from semi god in the US to one of the villains of the Great Recession. Many people blame loose monetary conditions in the early 2000&#8242;s that went on too long. Alan Greenspan was indeed celebrated for the rapid recovery after the dot com bust. So should he be vilified for excess [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=thegreatrecession.wordpress.com&amp;blog=6925605&amp;post=31&amp;subd=thegreatrecession&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">thegreatrecession</media:title>
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		<title>Special Drawing Rights &#8211; What the?</title>
		<link>http://thegreatrecession.wordpress.com/2009/03/17/special-drawing-rights-what-the/</link>
		<comments>http://thegreatrecession.wordpress.com/2009/03/17/special-drawing-rights-what-the/#comments</comments>
		<pubDate>Tue, 17 Mar 2009 09:34:30 +0000</pubDate>
		<dc:creator>thegreatrecession</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[quantitative easing]]></category>
		<category><![CDATA[Special drawing Rights]]></category>

		<guid isPermaLink="false">http://thegreatrecession.wordpress.com/?p=27</guid>
		<description><![CDATA[We&#8217;ve tried everything else shall we all get some Special Drawing Rights (SDRs)? Never heard of them? Don&#8217;t know what I&#8217;m on about? It turns out that SDRs are the IMF&#8217;s super currency or more accurately a basket of currencies made up of the US Dollar, Euro, Pound and Yen. Here is the long version. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=thegreatrecession.wordpress.com&amp;blog=6925605&amp;post=27&amp;subd=thegreatrecession&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>NZX &#8211; 12.5% Average Dividend Yield</title>
		<link>http://thegreatrecession.wordpress.com/2009/03/17/nzx-125-average-dividend-yield/</link>
		<comments>http://thegreatrecession.wordpress.com/2009/03/17/nzx-125-average-dividend-yield/#comments</comments>
		<pubDate>Tue, 17 Mar 2009 08:38:00 +0000</pubDate>
		<dc:creator>thegreatrecession</dc:creator>
				<category><![CDATA[Stock Market]]></category>
		<category><![CDATA[Equities]]></category>
		<category><![CDATA[Invest]]></category>
		<category><![CDATA[NZX]]></category>
		<category><![CDATA[warren buffet]]></category>

		<guid isPermaLink="false">http://thegreatrecession.wordpress.com/?p=23</guid>
		<description><![CDATA[Dividend paying companies on the NZSX are paying an average of 12.5% based on today&#8217;s prices (see below for details on how I worked this out). 12.5% is a pretty high yield, especially when you consider that us kiwi&#8217;s consider any yield from an investment property good news. We ran head first into finance companies [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=thegreatrecession.wordpress.com&amp;blog=6925605&amp;post=23&amp;subd=thegreatrecession&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>The End for the US Dollar?</title>
		<link>http://thegreatrecession.wordpress.com/2009/03/16/the-end-for-the-us-dollar/</link>
		<comments>http://thegreatrecession.wordpress.com/2009/03/16/the-end-for-the-us-dollar/#comments</comments>
		<pubDate>Mon, 16 Mar 2009 09:52:53 +0000</pubDate>
		<dc:creator>thegreatrecession</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[us dollar]]></category>
		<category><![CDATA[warren buffet]]></category>
		<category><![CDATA[Wen Jiabao]]></category>

		<guid isPermaLink="false">http://thegreatrecession.wordpress.com/?p=17</guid>
		<description><![CDATA[It seems strange to ask if the US dollar is loosing it’s universal appeal when it has done so well in this crisis. And yet this is what Chinese Premier Wen Jiabao did this weekend. Ever since Warren Buffet wrote his charming story about Squanderville and Thriftville in 2003 I came to realise that something [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=thegreatrecession.wordpress.com&amp;blog=6925605&amp;post=17&amp;subd=thegreatrecession&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://thegreatrecession.wordpress.com/2009/03/16/the-end-for-the-us-dollar/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<title>Have the Stock Markets bottomed out?</title>
		<link>http://thegreatrecession.wordpress.com/2009/03/15/have-the-stock-markets-bottomed-out/</link>
		<comments>http://thegreatrecession.wordpress.com/2009/03/15/have-the-stock-markets-bottomed-out/#comments</comments>
		<pubDate>Sun, 15 Mar 2009 09:44:25 +0000</pubDate>
		<dc:creator>thegreatrecession</dc:creator>
				<category><![CDATA[Stock Market]]></category>
		<category><![CDATA[Bear Market]]></category>
		<category><![CDATA[Market Bottom]]></category>
		<category><![CDATA[Market timing]]></category>

		<guid isPermaLink="false">http://thegreatrecession.wordpress.com/?p=10</guid>
		<description><![CDATA[The Dow Jones industrial average is up 11.5% from it&#8217;s Monday low and the FTSE 100 has managed a respectable 8.5%. So is this it? Can we start the long slow recovery at least in equities? I think not. This is a Bear Market rally or what some people less generously call a sucker rally. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=thegreatrecession.wordpress.com&amp;blog=6925605&amp;post=10&amp;subd=thegreatrecession&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://thegreatrecession.wordpress.com/2009/03/15/have-the-stock-markets-bottomed-out/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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