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	<title>National Deflation Association</title>
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	<description>Promoting benefits of declining prices and increased purchasing power of money in the hands of common people.</description>
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		<title>National Deflation Association</title>
		<link>http://ndainfo.wordpress.com</link>
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		<item>
		<title>Conquer the crash: Bernanke defeats deflation.</title>
		<link>http://ndainfo.wordpress.com/2009/12/22/conquer-the-crash-bernanke-defeats-deflation/</link>
		<comments>http://ndainfo.wordpress.com/2009/12/22/conquer-the-crash-bernanke-defeats-deflation/#comments</comments>
		<pubDate>Tue, 22 Dec 2009 00:49:50 +0000</pubDate>
		<dc:creator>ndainfo</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Fixed Income]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[Great Depression]]></category>
		<category><![CDATA[FED]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[cpi]]></category>
		<category><![CDATA[bernanke]]></category>
		<category><![CDATA[quantitative easing]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[currency]]></category>
		<category><![CDATA[US Treasury]]></category>
		<category><![CDATA[US Dollar]]></category>
		<category><![CDATA[yield]]></category>
		<category><![CDATA[Federal Reserve]]></category>

		<guid isPermaLink="false">http://ndainfo.wordpress.com/?p=353</guid>
		<description><![CDATA[At last, the news reports are now fully brimming with optimism and proclaiming victory after victory on the economic front. Despite the fact that the private (and total) credit in the US economy has been and is still contracting at unprecedented multitrillion dollar annual rate, which is deflation by definition in credit based monetary system, the Bloomberg news declares nevertheless that the honorable manager of the privately owned Federal Reserve, Ben Bernanke, has already defeated deflation. Oh say, can you see ...<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ndainfo.wordpress.com&blog=8341230&post=353&subd=ndainfo&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://ndainfo.wordpress.com/2009/12/22/conquer-the-crash-bernanke-defeats-deflation/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">ndainfo</media:title>
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	</item>
		<item>
		<title>Q3 2009 private sector credit collapsed at – $1.81 Trillion annual rate.</title>
		<link>http://ndainfo.wordpress.com/2009/12/10/q3-2009-private-sector-credit-collapsed-at-%e2%80%93-1-81-trillion-annual-rate/</link>
		<comments>http://ndainfo.wordpress.com/2009/12/10/q3-2009-private-sector-credit-collapsed-at-%e2%80%93-1-81-trillion-annual-rate/#comments</comments>
		<pubDate>Thu, 10 Dec 2009 19:50:40 +0000</pubDate>
		<dc:creator>ndainfo</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[consumers]]></category>
		<category><![CDATA[cpi]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FED]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[quantitative easing]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[US Treasury]]></category>

		<guid isPermaLink="false">http://ndainfo.wordpress.com/?p=342</guid>
		<description><![CDATA[The ONLY major player still borrowing money in big amounts was the United States Treasury Department (line 3), sopping up $1481.2 billion of the credit available — and leaving LESS than nothing for the private sector as a whole.

Overall total credit in the economy shrank at an unprecedented annual rate of -$275.6 billion.

Private sector credit fell at an astonishing - $1.8098 Trillion.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ndainfo.wordpress.com&blog=8341230&post=342&subd=ndainfo&ref=&feed=1" />]]></description>
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		<slash:comments>1</slash:comments>
	
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			<media:title type="html">Q32009PrivateSectorCredit</media:title>
		</media:content>
	</item>
		<item>
		<title>Retail Sales Data from NPD Shows Consumer Technology Revenue Declined the Week of Black Friday.</title>
		<link>http://ndainfo.wordpress.com/2009/12/09/retail-sales-data-from-npd-shows-consumer-technology-revenue-declined-the-week-of-black-friday/</link>
		<comments>http://ndainfo.wordpress.com/2009/12/09/retail-sales-data-from-npd-shows-consumer-technology-revenue-declined-the-week-of-black-friday/#comments</comments>
		<pubDate>Wed, 09 Dec 2009 22:17:09 +0000</pubDate>
		<dc:creator>ndainfo</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[consumers]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[cpi]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[inflation]]></category>

		<guid isPermaLink="false">http://ndainfo.wordpress.com/?p=340</guid>
		<description><![CDATA[When you don't have government meddling into the free-market price setting mechanisms the prices decline and help consumers save money. Such is the case of consumer electronics that has been experiencing deflation for many years now and the skies did not fall. To the contrary all consumers benefited from natural price declines while the quality and capability of consumer electronic goods have been continuously improving. Now, when most of us badly need lower prices the only bright spots of the economy are where the government is absent and not trying to prop up prices, with our stolen money by the way.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ndainfo.wordpress.com&blog=8341230&post=340&subd=ndainfo&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://ndainfo.wordpress.com/2009/12/09/retail-sales-data-from-npd-shows-consumer-technology-revenue-declined-the-week-of-black-friday/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
	
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			<media:title type="html">ndainfo</media:title>
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		<item>
		<title>Sovereign Defaults Coming in Second Stage of the Financial Crisis.</title>
		<link>http://ndainfo.wordpress.com/2009/11/27/sovereign-defaults-coming-in-second-stage-of-the-financial-crisis/</link>
		<comments>http://ndainfo.wordpress.com/2009/11/27/sovereign-defaults-coming-in-second-stage-of-the-financial-crisis/#comments</comments>
		<pubDate>Fri, 27 Nov 2009 20:25:48 +0000</pubDate>
		<dc:creator>ndainfo</dc:creator>
				<category><![CDATA[Arab Countries]]></category>
		<category><![CDATA[Currencies]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Fixed Income]]></category>
		<category><![CDATA[Forex]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[consumers]]></category>
		<category><![CDATA[cpi]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Great Depression]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[interest rate]]></category>
		<category><![CDATA[lending]]></category>
		<category><![CDATA[quantitative easing]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[US Dollar]]></category>
		<category><![CDATA[yield]]></category>

		<guid isPermaLink="false">http://ndainfo.wordpress.com/?p=338</guid>
		<description><![CDATA[The first stage of the deflationary debt unwind resulted in massive consumer and corporate defaults, particularly in the financial sector. This sector being one and the same as the governments that it controls, the state has thrown all the resources that it had and did not have (pulled them out of thin air) in order to save its Banking sponsors.  While it has given the Banks the respite and saved many of them for now from going belly up, it did not solve a thing. The bad debts have simply been transfered to the Central Banks' balance sheets that are expected to be later transferred to the taxpayers of each and every country. Whatever was not transfered was hidden by suspension of the mark-to-market accounting rules. Thus, the deflation that is not seen has not gone a way, but has been simply hidden.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ndainfo.wordpress.com&blog=8341230&post=338&subd=ndainfo&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://ndainfo.wordpress.com/2009/11/27/sovereign-defaults-coming-in-second-stage-of-the-financial-crisis/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
	
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			<media:title type="html">ndainfo</media:title>
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		<item>
		<title>Dubai default is DEFLATION.</title>
		<link>http://ndainfo.wordpress.com/2009/11/27/dubai-default-is-deflation/</link>
		<comments>http://ndainfo.wordpress.com/2009/11/27/dubai-default-is-deflation/#comments</comments>
		<pubDate>Fri, 27 Nov 2009 00:51:09 +0000</pubDate>
		<dc:creator>ndainfo</dc:creator>
				<category><![CDATA[Arab Countries]]></category>
		<category><![CDATA[Asia]]></category>
		<category><![CDATA[capital flight]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[Euro]]></category>
		<category><![CDATA[euro-zone]]></category>
		<category><![CDATA[Eurozone]]></category>
		<category><![CDATA[interest rate]]></category>
		<category><![CDATA[lending]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[US Dollar]]></category>

		<guid isPermaLink="false">http://ndainfo.wordpress.com/?p=333</guid>
		<description><![CDATA[When a debtor reneges on its loan repayment obligations or asks to postpone them this is deflation by definition. The debts that cannot be repayed are defaulted on and so the total debt outstanding in the economy deflates. And what about prices? The prices on real estate in Dubai are down as much as 50% since the beginning of the world financial crisis. So when debt deflation takes hold assets lose value and cause even more defaults. We say that we are in a deflationary spiral then. When it stops is a big question, but given world wide government intervention in free markets this almost assures that the so much needed adjustment will take a long and painful haul. Yet the prices will get to their natural level in spite of all government actions to support them.

One can hope that the Dubai default situation will give a much needed kick to accelerate the process of deflation and wipe out the speculators and their central bank friends.

Here goes Dubai.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ndainfo.wordpress.com&blog=8341230&post=333&subd=ndainfo&ref=&feed=1" />]]></description>
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		<slash:comments>3</slash:comments>
	
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			<media:title type="html">ndainfo</media:title>
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		<title>What deflation will do to future US GDP.</title>
		<link>http://ndainfo.wordpress.com/2009/11/20/what-deflation-will-do-to-future-us-gdp/</link>
		<comments>http://ndainfo.wordpress.com/2009/11/20/what-deflation-will-do-to-future-us-gdp/#comments</comments>
		<pubDate>Fri, 20 Nov 2009 00:22:24 +0000</pubDate>
		<dc:creator>ndainfo</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[BOJ]]></category>
		<category><![CDATA[cpi]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[FED]]></category>
		<category><![CDATA[GDP]]></category>
		<category><![CDATA[Great Depression]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[US Dollar]]></category>
		<category><![CDATA[US Treasury]]></category>
		<category><![CDATA[yield]]></category>

		<guid isPermaLink="false">http://ndainfo.wordpress.com/?p=329</guid>
		<description><![CDATA[It is now an established fact that Japan has been mired in deflation for the last 18 years. It meant no economic growth as manifested in the below GDP graph. Assuming that USA is now in the early stages of a similar, if not much stronger, deflationary depression, we may be able to project future US GDP growth/contraction based on the Japanes experience.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ndainfo.wordpress.com&blog=8341230&post=329&subd=ndainfo&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://ndainfo.wordpress.com/2009/11/20/what-deflation-will-do-to-future-us-gdp/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">ndainfo</media:title>
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		<media:content url="http://ndainfo.files.wordpress.com/2009/11/usvsjapangdp.jpg" medium="image">
			<media:title type="html">USvsJapanGDP</media:title>
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		<title>Treasury Three-Month Bill Yields Turn Negative.</title>
		<link>http://ndainfo.wordpress.com/2009/11/19/treasury-three-month-bill-yields-turn-negative/</link>
		<comments>http://ndainfo.wordpress.com/2009/11/19/treasury-three-month-bill-yields-turn-negative/#comments</comments>
		<pubDate>Thu, 19 Nov 2009 23:01:03 +0000</pubDate>
		<dc:creator>ndainfo</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Fixed Income]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FED]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[interest rate]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[quantitative easing]]></category>
		<category><![CDATA[US Dollar]]></category>
		<category><![CDATA[US Treasury]]></category>
		<category><![CDATA[yield]]></category>

		<guid isPermaLink="false">http://ndainfo.wordpress.com/?p=325</guid>
		<description><![CDATA[When you have US Treasury yields sitting at historic lows at prolonged periods of time and across the entire yield curve, it only means one thing - delfation is here and anywhere you look on the horizon. But when you have yields turn negative, which really means investors paying privately owned Federal Reserve to hold their money as it has become the only safe place to keep it, this is a sign of a crash or some impending credit event which is also deflationary. Someone somewhere knows something. Only indication we, the common folks get of an impending crisis, is the sharp jump in excess reserves held with the Federal Reserve banks by other financial institutions. The excess reserves rose by almost $250 Billion between July of 2009 and November 2009, while the stock market has been setting yearly highs and "recovery" has been gathering pace, or so the powers that be would want us to beleive. Add to this the November 19th, 2009 delay in release of "Reserve Bank credit H.4.1 weekly report" and you get a shiver down your spine that something is about to hit the proverbial fan.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ndainfo.wordpress.com&blog=8341230&post=325&subd=ndainfo&ref=&feed=1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">FedResBankCreditDelayed_11192009</media:title>
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		<title>Demand deflation.</title>
		<link>http://ndainfo.wordpress.com/2009/11/11/demand-deflation/</link>
		<comments>http://ndainfo.wordpress.com/2009/11/11/demand-deflation/#comments</comments>
		<pubDate>Wed, 11 Nov 2009 23:48:38 +0000</pubDate>
		<dc:creator>ndainfo</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[consumers]]></category>
		<category><![CDATA[cpi]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[lending]]></category>
		<category><![CDATA[quantitative easing]]></category>
		<category><![CDATA[recession]]></category>

		<guid isPermaLink="false">http://ndainfo.wordpress.com/?p=323</guid>
		<description><![CDATA[In a deflationary environment the psychology of economic agents, be it lenders or borrowers, is such that neither is motivated to engage in credit transaction. This is because consumer attitudes in a deflationary environment are leaning towards conservation not expansion and consumption. Thus, making it economically discouraging for business to expand. The deflationary times follow an expansionary period which ends in an oversupply of goods and services, and overcapacity in production that makes them happen.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ndainfo.wordpress.com&blog=8341230&post=323&subd=ndainfo&ref=&feed=1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">ndainfo</media:title>
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		<title>Japan sees long deflation in US, bets on falling Treasury yields.</title>
		<link>http://ndainfo.wordpress.com/2009/11/09/japan-sees-long-deflation-in-us-bets-on-falling-treasury-yields/</link>
		<comments>http://ndainfo.wordpress.com/2009/11/09/japan-sees-long-deflation-in-us-bets-on-falling-treasury-yields/#comments</comments>
		<pubDate>Mon, 09 Nov 2009 02:13:47 +0000</pubDate>
		<dc:creator>ndainfo</dc:creator>
				<category><![CDATA[China]]></category>
		<category><![CDATA[Fixed Income]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[BOJ]]></category>
		<category><![CDATA[cpi]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[interest rate]]></category>
		<category><![CDATA[lending]]></category>
		<category><![CDATA[quantitative easing]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[US Dollar]]></category>
		<category><![CDATA[US Treasury]]></category>
		<category><![CDATA[yield]]></category>

		<guid isPermaLink="false">http://ndainfo.wordpress.com/?p=321</guid>
		<description><![CDATA[“The recovery is very weak and the U.S. is running the risk of deflation...” say the Japanese investors as they are piling into US Treasuries while expecting the yields to drop sharply. They may be the only ones in current economic environment that have extensive experience investing in deflationary times and so it may be worth wile heeding their advice:

“Demand for Treasuries is very good because of the idle money in the banking system...” 

“The medium term risk toward inflation is being caused by potential policy missteps by policy makers in regards to monetary and fiscal policy and the weakening dollar...”

“Any economics textbook would tell you that the massive stimulus from the central government will eventually cause inflation, but the Japanese know it doesn’t have to turn out that way...”

“The U.S. economy has faced a double whammy: the recession and credit contraction. The U.S. will face a triple whammy with deflation. That’s good for the Treasury market.”<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ndainfo.wordpress.com&blog=8341230&post=321&subd=ndainfo&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://ndainfo.wordpress.com/2009/11/09/japan-sees-long-deflation-in-us-bets-on-falling-treasury-yields/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
	
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			<media:title type="html">ndainfo</media:title>
		</media:content>
	</item>
		<item>
		<title>Bank excess reserves with Federal Reserve signal coming loan losses.</title>
		<link>http://ndainfo.wordpress.com/2009/11/06/bank-excess-reserves-with-federal-reserve-signal-coming-loan-losses/</link>
		<comments>http://ndainfo.wordpress.com/2009/11/06/bank-excess-reserves-with-federal-reserve-signal-coming-loan-losses/#comments</comments>
		<pubDate>Fri, 06 Nov 2009 01:43:35 +0000</pubDate>
		<dc:creator>ndainfo</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[Federal Reserve]]></category>

		<guid isPermaLink="false">http://ndainfo.wordpress.com/?p=318</guid>
		<description><![CDATA[This latest chart from November 5, 2009 release of the privately owned Federal Reserve's report on the excess reserves is showing a sharp increas even over a few months of suppossedly "recovery" and economic "growh". This sharp increase in excess reserve levels in a seemingly improving economic environment signals that banks know of something else. That something else is causing them to hoard cash and keep it in safest place possible, i.e. accounts at Federal Reserve banks themselves. This menacing something is likely to be huge loan losses that are result of defaults and bankruptcies by debtors. This is, of course, very deflationary.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ndainfo.wordpress.com&blog=8341230&post=318&subd=ndainfo&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://ndainfo.wordpress.com/2009/11/06/bank-excess-reserves-with-federal-reserve-signal-coming-loan-losses/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">ndainfo</media:title>
		</media:content>

		<media:content url="http://ndainfo.files.wordpress.com/2009/11/wresbal_max_630_378_110502009.png" medium="image">
			<media:title type="html">WRESBAL_Max_630_378_110502009</media:title>
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		<title>Mother of all carry trades will lead to inevitable deflationary bust.</title>
		<link>http://ndainfo.wordpress.com/2009/11/05/mother-of-all-carry-trades-will-lead-to-inevitable-deflationary-bust/</link>
		<comments>http://ndainfo.wordpress.com/2009/11/05/mother-of-all-carry-trades-will-lead-to-inevitable-deflationary-bust/#comments</comments>
		<pubDate>Thu, 05 Nov 2009 00:02:28 +0000</pubDate>
		<dc:creator>ndainfo</dc:creator>
				<category><![CDATA[Currencies]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[currency]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Forex]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[interest rate]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[lending]]></category>
		<category><![CDATA[US Dollar]]></category>
		<category><![CDATA[US Treasury]]></category>
		<category><![CDATA[yield]]></category>

		<guid isPermaLink="false">http://ndainfo.wordpress.com/?p=316</guid>
		<description><![CDATA[For now the privately owned US Federal Reserve's efforts to reflate the financial markets are sending a flood of liquidity into speculative asset bubble blowing by the speculators. Nearly every asset class is seeing its price being bid up with cheaply borrowed US dollars. At some point an asset bubble always bursts when an event or a perception driven change of heart causes investors to unwind their speculative positions. As the article below explains, when this happens we'll witness a huge deflationary bust which may wipe out many speculators. Will it wipe out the Central Banks is another good question that only time will be able to answer.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ndainfo.wordpress.com&blog=8341230&post=316&subd=ndainfo&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://ndainfo.wordpress.com/2009/11/05/mother-of-all-carry-trades-will-lead-to-inevitable-deflationary-bust/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
	
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			<media:title type="html">ndainfo</media:title>
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		<title>Citigroup is deflating.</title>
		<link>http://ndainfo.wordpress.com/2009/10/19/citigroup-is-deflating/</link>
		<comments>http://ndainfo.wordpress.com/2009/10/19/citigroup-is-deflating/#comments</comments>
		<pubDate>Mon, 19 Oct 2009 23:49:25 +0000</pubDate>
		<dc:creator>ndainfo</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[deflation]]></category>

		<guid isPermaLink="false">http://ndainfo.wordpress.com/?p=314</guid>
		<description><![CDATA[In a sign of deflation Citigroup is closing without warning random consumer credit card lines. It has suffered consumer credit losses to the tune of $ 8 Billion in the third quarter of 2009 alone, that is deflation by any definition. And acting responsibly, trying to stay afloat, Citibank is cutting its losses or potential losses. This is what deflation looks like. Creditors are unwilling to lend while customers are unwilling to borrow and no infusions of liquidity by the privately owned Federal Reserve Corporation will change this.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ndainfo.wordpress.com&blog=8341230&post=314&subd=ndainfo&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://ndainfo.wordpress.com/2009/10/19/citigroup-is-deflating/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
	
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			<media:title type="html">ndainfo</media:title>
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		<title>Deflation is firmly taking root in USA. FED is still in denial.</title>
		<link>http://ndainfo.wordpress.com/2009/10/03/deflation-is-firmly-taking-root-in-usa-fed-is-still-in-denial/</link>
		<comments>http://ndainfo.wordpress.com/2009/10/03/deflation-is-firmly-taking-root-in-usa-fed-is-still-in-denial/#comments</comments>
		<pubDate>Sat, 03 Oct 2009 01:15:13 +0000</pubDate>
		<dc:creator>ndainfo</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Fixed Income]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[bernanke]]></category>
		<category><![CDATA[consumers]]></category>
		<category><![CDATA[cpi]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[FED]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Great Depression]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[interest rate]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[lending]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[quantitative easing]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[stimulus]]></category>
		<category><![CDATA[US Dollar]]></category>
		<category><![CDATA[US Treasury]]></category>
		<category><![CDATA[yield]]></category>

		<guid isPermaLink="false">http://ndainfo.wordpress.com/?p=311</guid>
		<description><![CDATA[Even though the signs of deflation are everywhere as expressed in contracting credit, money supply, and prices, the privately owned Federal Reserve's executives continue to beat about the deflationary bush by referring to it as "disinflation" and talking about it in future tense. It has been happenning already for the past year and a half and it will continue as evidenced by record low long term Treasury yields this week. The below article provides a detailed discussion and solid evidence of deflation and how it works.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ndainfo.wordpress.com&blog=8341230&post=311&subd=ndainfo&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://ndainfo.wordpress.com/2009/10/03/deflation-is-firmly-taking-root-in-usa-fed-is-still-in-denial/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">ndainfo</media:title>
		</media:content>

		<media:content url="http://ndainfo.files.wordpress.com/2009/10/02102009_ustreasurycurve.jpg" medium="image">
			<media:title type="html">02102009_USTreasuryCurve</media:title>
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		<item>
		<title>Is PIMCO betting on long term deflation?</title>
		<link>http://ndainfo.wordpress.com/2009/09/29/is-pimco-betting-on-long-term-deflation/</link>
		<comments>http://ndainfo.wordpress.com/2009/09/29/is-pimco-betting-on-long-term-deflation/#comments</comments>
		<pubDate>Tue, 29 Sep 2009 23:19:28 +0000</pubDate>
		<dc:creator>ndainfo</dc:creator>
				<category><![CDATA[Fixed Income]]></category>
		<category><![CDATA[cpi]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[FED]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[interest rate]]></category>
		<category><![CDATA[US Dollar]]></category>
		<category><![CDATA[US Treasury]]></category>
		<category><![CDATA[yield]]></category>

		<guid isPermaLink="false">http://ndainfo.wordpress.com/?p=309</guid>
		<description><![CDATA[When one of the world's largest fixed income investment funds goes long US Treasuries this only means one thing - they are betting on sustained deflation. After spiking in the early spring the Treasury yields are slowly grinding down again. The 30-year Treasury is now yielding a little above 4% which is a long term low.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ndainfo.wordpress.com&blog=8341230&post=309&subd=ndainfo&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://ndainfo.wordpress.com/2009/09/29/is-pimco-betting-on-long-term-deflation/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
	
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			<media:title type="html">ndainfo</media:title>
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		<title>The Lowdown on Deflation.</title>
		<link>http://ndainfo.wordpress.com/2009/09/26/the-lowdown-on-deflation/</link>
		<comments>http://ndainfo.wordpress.com/2009/09/26/the-lowdown-on-deflation/#comments</comments>
		<pubDate>Sat, 26 Sep 2009 01:21:38 +0000</pubDate>
		<dc:creator>ndainfo</dc:creator>
				<category><![CDATA[Currencies]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Forex]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[consumers]]></category>
		<category><![CDATA[cpi]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[currency]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[exports]]></category>
		<category><![CDATA[imports]]></category>
		<category><![CDATA[quantitative easing]]></category>
		<category><![CDATA[savings]]></category>
		<category><![CDATA[US Dollar]]></category>
		<category><![CDATA[US Treasury]]></category>

		<guid isPermaLink="false">http://ndainfo.wordpress.com/?p=306</guid>
		<description><![CDATA[Deflation is the contraction (reduction) of money and credit. It occurs when the economic system is carrying too much debt to be supported by the level of income generated by economic activity. It occurs because too much debt has been incurred to create unproductive assets that don’t generate income. Deflation is a corrective process, it’s simply the market (you and I) not being able to service debt, so we must forfeit.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ndainfo.wordpress.com&blog=8341230&post=306&subd=ndainfo&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://ndainfo.wordpress.com/2009/09/26/the-lowdown-on-deflation/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">ndainfo</media:title>
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		<title>Is China betting on deflation in US?</title>
		<link>http://ndainfo.wordpress.com/2009/09/21/is-china-betting-on-deflation-in-us/</link>
		<comments>http://ndainfo.wordpress.com/2009/09/21/is-china-betting-on-deflation-in-us/#comments</comments>
		<pubDate>Mon, 21 Sep 2009 01:10:08 +0000</pubDate>
		<dc:creator>ndainfo</dc:creator>
				<category><![CDATA[China]]></category>
		<category><![CDATA[Asia]]></category>
		<category><![CDATA[currency]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[quantitative easing]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[US Dollar]]></category>
		<category><![CDATA[US Treasury]]></category>
		<category><![CDATA[yield]]></category>

		<guid isPermaLink="false">http://ndainfo.wordpress.com/?p=303</guid>
		<description><![CDATA[China is reportedly loading up on US treasuries in the face of weakening dollar. This means they are quite happy to collect low interest payments on their massive holdings of US Treasuries for years to come and are not concerned about dollars weakening at the same time. This sound deflationary to me.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ndainfo.wordpress.com&blog=8341230&post=303&subd=ndainfo&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://ndainfo.wordpress.com/2009/09/21/is-china-betting-on-deflation-in-us/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">ndainfo</media:title>
		</media:content>
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		<item>
		<title>Q2 2009 private sector credit collapsed at &#8211; $2.2408 Trillion annual rate.</title>
		<link>http://ndainfo.wordpress.com/2009/09/18/q2-2009-private-sector-credit-collapsed-at-annual-rate/</link>
		<comments>http://ndainfo.wordpress.com/2009/09/18/q2-2009-private-sector-credit-collapsed-at-annual-rate/#comments</comments>
		<pubDate>Fri, 18 Sep 2009 01:33:24 +0000</pubDate>
		<dc:creator>ndainfo</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[401(k)]]></category>
		<category><![CDATA[bernanke]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[FED]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Great Depression]]></category>
		<category><![CDATA[quantitative easing]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[recession]]></category>

		<guid isPermaLink="false">http://ndainfo.wordpress.com/?p=293</guid>
		<description><![CDATA[The just released privately owned Federal Reserve's Flow of Funds report for September 17th, 2009  shows that the second quarter of 2009 brought the greatest credit collapse of all time (http://www.federalreserve.gov/releases/z1/current/z1r-3.pdf).<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ndainfo.wordpress.com&blog=8341230&post=293&subd=ndainfo&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://ndainfo.wordpress.com/2009/09/18/q2-2009-private-sector-credit-collapsed-at-annual-rate/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
	
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			<media:title type="html">ndainfo</media:title>
		</media:content>

		<media:content url="http://ndainfo.files.wordpress.com/2009/09/q22009privatesectorcredit1.jpg" medium="image">
			<media:title type="html">Q22009PrivateSectorCredit</media:title>
		</media:content>

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			<media:title type="html">Q22009HouseHoldWealth</media:title>
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		<item>
		<title>FDIC wisdom from 2005 &#8211; U.S. Home Prices: Does Bust Always Follow Boom?</title>
		<link>http://ndainfo.wordpress.com/2009/09/08/fdic-wisdom-from-2005-u-s-home-prices-does-bust-always-follow-boom/</link>
		<comments>http://ndainfo.wordpress.com/2009/09/08/fdic-wisdom-from-2005-u-s-home-prices-does-bust-always-follow-boom/#comments</comments>
		<pubDate>Tue, 08 Sep 2009 00:42:02 +0000</pubDate>
		<dc:creator>ndainfo</dc:creator>
				<category><![CDATA[real estate]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[lending]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[US Treasury]]></category>

		<guid isPermaLink="false">http://ndainfo.wordpress.com/?p=289</guid>
		<description><![CDATA[This analytical research piece from FDIC from February 10, 2005 makes quite interesting and amusing read now in September of 2009. The main premise of this article is that booms are not always followed by a bust. We now know it is nonsense. What goes up must come down, especially if it is not based on fundamentals. The laws of physics have already proven the quasi educated Federal clowns to be wrong, but that is not stopping them from trying to blow another bubble, or rather reflate the one that just burst in pretty much every asset class.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ndainfo.wordpress.com&blog=8341230&post=289&subd=ndainfo&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://ndainfo.wordpress.com/2009/09/08/fdic-wisdom-from-2005-u-s-home-prices-does-bust-always-follow-boom/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">ndainfo</media:title>
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		<item>
		<title>Total US Debt has reached at least $60 Trillion as of Q1 2009!!! Debt to GDP ratio 425%!!!</title>
		<link>http://ndainfo.wordpress.com/2009/09/07/total-us-debt-has-reached-at-least-60-trillion-as-of-q1-2009/</link>
		<comments>http://ndainfo.wordpress.com/2009/09/07/total-us-debt-has-reached-at-least-60-trillion-as-of-q1-2009/#comments</comments>
		<pubDate>Mon, 07 Sep 2009 00:32:40 +0000</pubDate>
		<dc:creator>ndainfo</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[cpi]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[FED]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[gold]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[US Dollar]]></category>
		<category><![CDATA[US Treasury]]></category>

		<guid isPermaLink="false">http://ndainfo.wordpress.com/?p=279</guid>
		<description><![CDATA[By that measure if we were to take the Q1 2009 reported US GDP of $14,097.2 billion and divide Q1 2009 total US debt level of $60 Trillion by that GDP number we would get an astonishing record Debt to GDP ratio of 425%.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ndainfo.wordpress.com&blog=8341230&post=279&subd=ndainfo&ref=&feed=1" />]]></description>
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		<title>Does the world have the courage to deal with its debts?</title>
		<link>http://ndainfo.wordpress.com/2009/09/06/does-the-world-have-the-courage-to-deal-with-its-debts/</link>
		<comments>http://ndainfo.wordpress.com/2009/09/06/does-the-world-have-the-courage-to-deal-with-its-debts/#comments</comments>
		<pubDate>Sun, 06 Sep 2009 20:51:33 +0000</pubDate>
		<dc:creator>ndainfo</dc:creator>
				<category><![CDATA[Europe]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[BOJ]]></category>
		<category><![CDATA[consumers]]></category>
		<category><![CDATA[cpi]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[euro-zone]]></category>
		<category><![CDATA[Great Depression]]></category>
		<category><![CDATA[lending]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[quantitative easing]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[savings]]></category>
		<category><![CDATA[United Kingdom]]></category>
		<category><![CDATA[US Dollar]]></category>
		<category><![CDATA[US Treasury]]></category>
		<category><![CDATA[yield]]></category>

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		<description><![CDATA[Quite a sensible article from an MSM source, Telegraph of UK, that aptly discusses the real state of things on the Central Banks' front of deflationary fighting and suggests several solutions out of this global economic crisis. I, however, do not agree with the proposed solution ouf of indebtedness problem that we the people should pay down the debts as the author puts it "very slowly, by sweat and toil". This contradicts the very natural economic  self-interest of the majority of hundreds of millions of people that were either duped into borrowing by financial wizards or had to do it as they saw no other way of being able to afford things as the wages stagnated for decades. No, I propose to default on all the debts, walk away and let the owners of this world financial system have it. I in essense call for a debt revolt, stick it to them and let them be crushed under their own debts.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ndainfo.wordpress.com&blog=8341230&post=277&subd=ndainfo&ref=&feed=1" />]]></description>
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