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	<title>The Swamp Report &#187; debt</title>
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	<link>http://www.swampreport.com</link>
	<description>Political, Economic, and Finance related commentary. J.D. Swampfox Associates report on battles for prosperity against the &#34;Tarleton&#34; of big government.</description>
	<lastBuildDate>Thu, 12 Aug 2010 20:41:48 +0000</lastBuildDate>
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		<title>Dollars are debts</title>
		<link>http://www.swampreport.com/economy/dollars-are-debts/</link>
		<comments>http://www.swampreport.com/economy/dollars-are-debts/#comments</comments>
		<pubDate>Wed, 26 May 2010 14:57:15 +0000</pubDate>
		<dc:creator>J. D. Swampfox</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[dollars]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[Treasury bonds]]></category>

		<guid isPermaLink="false">http://www.swampreport.com/?p=2852</guid>
		<description><![CDATA[Look at the photo of a dollar below: See where it says &#8220;Federal Reserve Note&#8221; and where it says &#8220;This note is legal tender&#8230;&#8221;?   Dollars are notes or debts, that is, obligations of the Federal Reserve.  When the Federal Reserve buys US Treasury Bonds from the open market  and pays for them with dollars (a [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Gary Shilling: 6 reasons for no new bull</title>
		<link>http://www.swampreport.com/economy/gary-shilling/</link>
		<comments>http://www.swampreport.com/economy/gary-shilling/#comments</comments>
		<pubDate>Thu, 10 Sep 2009 14:10:25 +0000</pubDate>
		<dc:creator>J. D. Swampfox</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Investments]]></category>
		<category><![CDATA[consumer spending]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[Gary Shilling]]></category>
		<category><![CDATA[recovery]]></category>

		<guid isPermaLink="false">http://www.swampreport.com/?p=2430</guid>
		<description><![CDATA[Gary shilling offers some reasons why he thinks the economy will not just &#8220;snap back&#8221;.]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Hussman: Catch 22 still rules</title>
		<link>http://www.swampreport.com/economy/hussman-catch-22-still-rules/</link>
		<comments>http://www.swampreport.com/economy/hussman-catch-22-still-rules/#comments</comments>
		<pubDate>Mon, 18 May 2009 14:52:33 +0000</pubDate>
		<dc:creator>J. D. Swampfox</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[FED]]></category>
		<category><![CDATA[Hayek]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[Treasuries]]></category>

		<guid isPermaLink="false">http://www.swampreport.com/?p=1419</guid>
		<description><![CDATA[John Hussman makes two excellent points&#8230;whether you are a bull or a bear, you have to accept the cold facts and see the forest as well as the trees: 1. &#8220;So where does the money come from to buy [all] these new Treasury securities? Clearly, the sale of those securities must absorb the savings of [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Be Afraid?</title>
		<link>http://www.swampreport.com/economy/be-afraid/</link>
		<comments>http://www.swampreport.com/economy/be-afraid/#comments</comments>
		<pubDate>Sat, 16 May 2009 02:07:31 +0000</pubDate>
		<dc:creator>J. D. Swampfox</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Bailouts]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[delveraging]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[worst is yet to come]]></category>

		<guid isPermaLink="false">http://www.swampreport.com/?p=1395</guid>
		<description><![CDATA[From Tech Ticker (ht Rolfe Winkler)&#8230; &#8220;&#8230;the whole concept of the economy finding its footing was &#8220;preposterous&#8221; to begin with, says Howard Davidowitz, chairman of Davidowitz &#38; Associates.&#8221; &#8220;We&#8217;re in a complete mess and the consumer is smart enough to know it,&#8221; says Davidowitz, whose firm does consulting for the retail industry. &#8220;If the consumer [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Obama: &#8220;We can&#8217;t keep borrowing from China&#8221;</title>
		<link>http://www.swampreport.com/economy/obama-we-cant-keep-borrowing-from-china/</link>
		<comments>http://www.swampreport.com/economy/obama-we-cant-keep-borrowing-from-china/#comments</comments>
		<pubDate>Fri, 15 May 2009 15:02:59 +0000</pubDate>
		<dc:creator>J. D. Swampfox</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[Obama deficit spending]]></category>

		<guid isPermaLink="false">http://www.swampreport.com/?p=1392</guid>
		<description><![CDATA[Reuters: &#8220;The long-term deficit and debt that we have accumulated is unsustainable. We can&#8217;t keep on just borrowing from China or borrowing from other countries,&#8221; Obama told a town hall meeting event in New Mexico. &#8220;What&#8217;s also true is at some point they&#8217;re just going to get tired of buying our debt,&#8221; he said. &#8220;And [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Distressed real estate in Europe hints why Geithner&#8217;s plan is hobbled</title>
		<link>http://www.swampreport.com/politics/distressed-real-estate-in-europe-hints-why-geithners-plan-is-hobbled/</link>
		<comments>http://www.swampreport.com/politics/distressed-real-estate-in-europe-hints-why-geithners-plan-is-hobbled/#comments</comments>
		<pubDate>Wed, 25 Mar 2009 03:31:05 +0000</pubDate>
		<dc:creator>J. D. Swampfox</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Investments]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[bank assets]]></category>
		<category><![CDATA[Commercial Real Estate]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[Europe financial crisis]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[private investors]]></category>

		<guid isPermaLink="false">http://www.swampreport.com/?p=405</guid>
		<description><![CDATA[Phillip Moore&#8217;s article in Euromoney describes many investors and much money (from both UK and US investors) allocated to snapping up distressed commercial real estate debt.Â  What&#8217;s interesting to us is the indications in the article that it&#8217;s the banks that are unwilling to sell &#8211; that is preventing the investments &#8211; NOT a need [...]]]></description>
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