<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: Will the  Loss of Consumer Credit Serve as the Next Economic Aftershock to Further Fuel  the Financial Crisis?</title>
	<atom:link href="http://www.moneymorning.com/2008/12/04/financial-crisis/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.moneymorning.com/2008/12/04/financial-crisis/</link>
	<description>Investment News Provider</description>
	<lastBuildDate>Fri, 06 Nov 2009 11:54:40 -0600</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.4</generator>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
		<item>
		<title>By: China Stocks Advancing as Beijing Boosts Investments</title>
		<link>http://www.moneymorning.com/2008/12/04/financial-crisis/comment-page-1/#comment-19846</link>
		<dc:creator>China Stocks Advancing as Beijing Boosts Investments</dc:creator>
		<pubDate>Mon, 13 Apr 2009 20:00:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=3579#comment-19846</guid>
		<description>[...] bottom line is this: The U.S. economy - as measured by gross domestic product (GDP) - will decline by 5.0% in the current quarter, followed by declines of 3.0% in the first quarter of 2009 and 1.0% in the second quarter, Goldman [...]</description>
		<content:encoded><![CDATA[<p>[...] bottom line is this: The U.S. economy &#8211; as measured by gross domestic product (GDP) &#8211; will decline by 5.0% in the current quarter, followed by declines of 3.0% in the first quarter of 2009 and 1.0% in the second quarter, Goldman [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Financial Crisis Challenges Escalate as Republicans Announce Plans to Oppose $825 Billion Obama Stimulus</title>
		<link>http://www.moneymorning.com/2008/12/04/financial-crisis/comment-page-1/#comment-14825</link>
		<dc:creator>Financial Crisis Challenges Escalate as Republicans Announce Plans to Oppose $825 Billion Obama Stimulus</dc:creator>
		<pubDate>Mon, 26 Jan 2009 10:42:15 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=3579#comment-14825</guid>
		<description>[...] &#160;Money Morning News Analysis:  Will the Loss of Consumer Credit Serve as the Next Economic Aftershock to Further Fuel the Financial... [...]</description>
		<content:encoded><![CDATA[<p>[...] &nbsp;Money Morning News Analysis:  Will the Loss of Consumer Credit Serve as the Next Economic Aftershock to Further Fuel the Financial&#8230; [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Buy, Sell or Hold: For a Defensive Stock, Wal-Mart Plays a Great Offense</title>
		<link>http://www.moneymorning.com/2008/12/04/financial-crisis/comment-page-1/#comment-13280</link>
		<dc:creator>Buy, Sell or Hold: For a Defensive Stock, Wal-Mart Plays a Great Offense</dc:creator>
		<pubDate>Tue, 16 Dec 2008 08:30:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=3579#comment-13280</guid>
		<description>[...] performance is a big part of the investment case for Wal-Mart: Here we are, a year into a recession, and Wal-Mart, a retailer, is posting a double-digit gain in profits, and a healthy single-digit [...]</description>
		<content:encoded><![CDATA[<p>[...] performance is a big part of the investment case for Wal-Mart: Here we are, a year into a recession, and Wal-Mart, a retailer, is posting a double-digit gain in profits, and a healthy single-digit [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Jutia Group - Market Jitters &#38; Political Critters</title>
		<link>http://www.moneymorning.com/2008/12/04/financial-crisis/comment-page-1/#comment-13001</link>
		<dc:creator>Jutia Group - Market Jitters &#38; Political Critters</dc:creator>
		<pubDate>Tue, 09 Dec 2008 15:43:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=3579#comment-13001</guid>
		<description>[...] bottom line is this: The U.S. economy - as measured by gross domestic product (GDP) - will decline by 5.0% in the current quarter, followed by declines of 3.0% in the first quarter of 2009 and 1.0% in the second quarter, Goldman [...]</description>
		<content:encoded><![CDATA[<p>[...] bottom line is this: The U.S. economy &#8211; as measured by gross domestic product (GDP) &#8211; will decline by 5.0% in the current quarter, followed by declines of 3.0% in the first quarter of 2009 and 1.0% in the second quarter, Goldman [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Myron Martin</title>
		<link>http://www.moneymorning.com/2008/12/04/financial-crisis/comment-page-1/#comment-12885</link>
		<dc:creator>Myron Martin</dc:creator>
		<pubDate>Sun, 07 Dec 2008 21:12:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=3579#comment-12885</guid>
		<description>What even the best informed commentators fail to realize because they are so steeped in TRADITION and conventional thinking is that we have a STRUCTURAL PROBLEM in the way our money supply is created.

They do not recognize the forest because of being focussed on individual trees, merely pointing out the obvious (continued deleveraging as more individual bubbles burst in our economy) while never ADDRESSING the structural problems that are actually CAUSING the negatives we are experiencing.

In every situation we are confronted with there is always &quot;cause and effect&quot; and it seems everyone is focussing on the EFFECTS without recognizing the cause.

The CAUSE is really very simple, our money supply is DEBT based, i.e. it is only expanded when someone takes out a loan (goes into debt) and since the interest that needs to be paid DEPLETES the circulating medium as the banksters bleed off the interest as profit, it requires an exponentially increasing number of new players (LOANS) just as in any pyramid scheme to keep enough liquidity in the system.

Eventually banks reach a point where they have inadequate reserves to make new loans and there is no viable collateral to loan against in any case. The powers that be have only TWO main yet ineffective solutions. lower interest RATES to keep the PONZI scheme going for another round, AND turn on the printing presses!

Expressed another way, the DEBT PYRAMID eventually gets so large that the amount of interest required to sustain it leaves little margin for ordinary commerce to continue! Unless the SYSTEM is changed the problems will not only accelerate, but even get FAR WORSE as trillions of NEW DOLLARS dilute the value of all existing dollars. Zimbabwe here we come!</description>
		<content:encoded><![CDATA[<p>What even the best informed commentators fail to realize because they are so steeped in TRADITION and conventional thinking is that we have a STRUCTURAL PROBLEM in the way our money supply is created.</p>
<p>They do not recognize the forest because of being focussed on individual trees, merely pointing out the obvious (continued deleveraging as more individual bubbles burst in our economy) while never ADDRESSING the structural problems that are actually CAUSING the negatives we are experiencing.</p>
<p>In every situation we are confronted with there is always &#8220;cause and effect&#8221; and it seems everyone is focussing on the EFFECTS without recognizing the cause.</p>
<p>The CAUSE is really very simple, our money supply is DEBT based, i.e. it is only expanded when someone takes out a loan (goes into debt) and since the interest that needs to be paid DEPLETES the circulating medium as the banksters bleed off the interest as profit, it requires an exponentially increasing number of new players (LOANS) just as in any pyramid scheme to keep enough liquidity in the system.</p>
<p>Eventually banks reach a point where they have inadequate reserves to make new loans and there is no viable collateral to loan against in any case. The powers that be have only TWO main yet ineffective solutions. lower interest RATES to keep the PONZI scheme going for another round, AND turn on the printing presses!</p>
<p>Expressed another way, the DEBT PYRAMID eventually gets so large that the amount of interest required to sustain it leaves little margin for ordinary commerce to continue! Unless the SYSTEM is changed the problems will not only accelerate, but even get FAR WORSE as trillions of NEW DOLLARS dilute the value of all existing dollars. Zimbabwe here we come!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Auto-Pilot Biz &#187; Blog Archive</title>
		<link>http://www.moneymorning.com/2008/12/04/financial-crisis/comment-page-1/#comment-12807</link>
		<dc:creator>Auto-Pilot Biz &#187; Blog Archive</dc:creator>
		<pubDate>Fri, 05 Dec 2008 11:24:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=3579#comment-12807</guid>
		<description>[...] is skyrocketing&#8230;read here if you don&#8217;t believe [...]</description>
		<content:encoded><![CDATA[<p>[...] is skyrocketing&#8230;read here if you don&#8217;t believe [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Will the Loss of Consumer Credit Serve as the Next Economic ... &#124; Get-Finance.co.uk</title>
		<link>http://www.moneymorning.com/2008/12/04/financial-crisis/comment-page-1/#comment-12787</link>
		<dc:creator>Will the Loss of Consumer Credit Serve as the Next Economic ... &#124; Get-Finance.co.uk</dc:creator>
		<pubDate>Fri, 05 Dec 2008 03:18:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=3579#comment-12787</guid>
		<description>[...] Read the original here: Will the Loss of Consumer Credit Serve as the Next Economic &#8230; [...]</description>
		<content:encoded><![CDATA[<p>[...] Read the original here: Will the Loss of Consumer Credit Serve as the Next Economic &#8230; [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Auto-Pilot Biz &#187; Blog Archive &#187; Protect Your Lifestyle</title>
		<link>http://www.moneymorning.com/2008/12/04/financial-crisis/comment-page-1/#comment-12755</link>
		<dc:creator>Auto-Pilot Biz &#187; Blog Archive &#187; Protect Your Lifestyle</dc:creator>
		<pubDate>Thu, 04 Dec 2008 15:18:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=3579#comment-12755</guid>
		<description>[...] But with so many Americans already losing their main source of income – their jobs – at an ever-spiraling rate, will an economy that derives two-thirds of its power from consumer spending end up mired in its worst funk in decades because those same consumers are now losing their charge accounts?&#8221; Read more&#8230; [...]</description>
		<content:encoded><![CDATA[<p>[...] But with so many Americans already losing their main source of income – their jobs – at an ever-spiraling rate, will an economy that derives two-thirds of its power from consumer spending end up mired in its worst funk in decades because those same consumers are now losing their charge accounts?&#8221; Read more&#8230; [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Work At Home &#187; Blog Archive &#187; Americans are already losing their main source of income – their jobs</title>
		<link>http://www.moneymorning.com/2008/12/04/financial-crisis/comment-page-1/#comment-12752</link>
		<dc:creator>Work At Home &#187; Blog Archive &#187; Americans are already losing their main source of income – their jobs</dc:creator>
		<pubDate>Thu, 04 Dec 2008 14:46:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=3579#comment-12752</guid>
		<description>[...] But with so many Americans already losing their main source of income – their jobs – at an ever-spiraling rate, will an economy that derives two-thirds of its power from consumer spending end up mired in its worst funk in decades because those same consumers are now losing their charge accounts?&#8221; Read more&#8230; [...]</description>
		<content:encoded><![CDATA[<p>[...] But with so many Americans already losing their main source of income – their jobs – at an ever-spiraling rate, will an economy that derives two-thirds of its power from consumer spending end up mired in its worst funk in decades because those same consumers are now losing their charge accounts?&#8221; Read more&#8230; [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Michel Gendron</title>
		<link>http://www.moneymorning.com/2008/12/04/financial-crisis/comment-page-1/#comment-12748</link>
		<dc:creator>Michel Gendron</dc:creator>
		<pubDate>Thu, 04 Dec 2008 13:33:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=3579#comment-12748</guid>
		<description>Article way TOO LONG. The point could have been made quite adequately with 1/4 the verbiage.</description>
		<content:encoded><![CDATA[<p>Article way TOO LONG. The point could have been made quite adequately with 1/4 the verbiage.</p>
]]></content:encoded>
	</item>
</channel>
</rss>
