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	<title>Gabriel's scarcity rent - it's management stupid! &#187; Economics</title>
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	<link>http://scarcityrent.com</link>
	<description>Digressive thoughts from an engineer &#38; economist going for an MBA ;)</description>
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		<title>Gabriel's scarcity rent - it's management stupid! &#187; Economics</title>
		<link>http://scarcityrent.com</link>
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		<title>Dubai has financing troubles but&#8230; is it making a profit?</title>
		<link>http://scarcityrent.com/2009/12/07/dubai-has-financing-troubles-but-is-it-making-a-profit/</link>
		<comments>http://scarcityrent.com/2009/12/07/dubai-has-financing-troubles-but-is-it-making-a-profit/#comments</comments>
		<pubDate>Mon, 07 Dec 2009 04:52:39 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[MBA]]></category>
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		<guid isPermaLink="false">http://scarcityrent.com/?p=566</guid>
		<description><![CDATA[More than two years ago I was writing about Conspicuous consumption: from Thornstein Veblen to Jumeirah Palm. The reference to Dubai was almost mandatory of course. I&#8217;ve been to Dubai and I like the place. We all know that recently it has run into some trouble financing its debt. They are expecting a bailout from the United [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&blog=780707&post=566&subd=gabrielbcn&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2009/12/07/dubai-has-financing-troubles-but-is-it-making-a-profit/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<item>
		<title>Green shoots, maybe, but don&#8217;t expect flowers</title>
		<link>http://scarcityrent.com/2009/05/18/green-shoots-maybe-but-dont-expect-flowers/</link>
		<comments>http://scarcityrent.com/2009/05/18/green-shoots-maybe-but-dont-expect-flowers/#comments</comments>
		<pubDate>Mon, 18 May 2009 11:44:31 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Macroeconomy]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Thoughts]]></category>
		<category><![CDATA[b-school]]></category>

		<guid isPermaLink="false">http://scarcityrent.com/?p=517</guid>
		<description><![CDATA[I&#8217;m increasingly growing wary, or even tiresome, of anyone that talks about green shoots. Yes, put a lot of fertiliser over a bed of rocks and something will grow on that. Mostly weeds. After all, weeds are green, but they don&#8217;t make nice flowers.
After pouring so many fertiliser taken from the forced lenders throughout the world (yes, [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&blog=780707&post=517&subd=gabrielbcn&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2009/05/18/green-shoots-maybe-but-dont-expect-flowers/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<item>
		<title>I sense some hope&#8230; sorry not yet! (Pandora&#8217;s jar is still not completely open)</title>
		<link>http://scarcityrent.com/2009/04/27/i-sense-some-hope-sorry-not-yet-pandoras-jar-is-still-not-completely-open/</link>
		<comments>http://scarcityrent.com/2009/04/27/i-sense-some-hope-sorry-not-yet-pandoras-jar-is-still-not-completely-open/#comments</comments>
		<pubDate>Mon, 27 Apr 2009 09:27:36 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[MBA]]></category>
		<category><![CDATA[Macroeconomy]]></category>
		<category><![CDATA[Thoughts]]></category>
		<category><![CDATA[b-school]]></category>

		<guid isPermaLink="false">http://scarcityrent.com/?p=511</guid>
		<description><![CDATA[Lately I&#8217;ve been hearing some musings about how the economic situation is improving. Yes, optimists are always necessary, though they can also be a bit annoying sometimes.
In any case it&#8217;s good to reflect for a while on where are we now. Have the fundamentals of the current crisis changed so much that we can say [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&blog=780707&post=511&subd=gabrielbcn&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2009/04/27/i-sense-some-hope-sorry-not-yet-pandoras-jar-is-still-not-completely-open/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<item>
		<title>The tipping point of the crisis (are we there yet?)</title>
		<link>http://scarcityrent.com/2009/01/21/the-tipping-point-of-the-crisis-are-we-there-yet/</link>
		<comments>http://scarcityrent.com/2009/01/21/the-tipping-point-of-the-crisis-are-we-there-yet/#comments</comments>
		<pubDate>Wed, 21 Jan 2009 08:59:58 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[MBA]]></category>
		<category><![CDATA[Macroeconomy]]></category>
		<category><![CDATA[Thoughts]]></category>

		<guid isPermaLink="false">http://scarcityrent.com/?p=466</guid>
		<description><![CDATA[
It&#8217;s easy to talk about something when it has already happened. The crisis seems so predictable now (it was predictable before as well if you browse to older posts). Now the trick is about spotting the tipping point. Have we already seen the worst or are we going into a depression this time?
If we all [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&blog=780707&post=466&subd=gabrielbcn&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2009/01/21/the-tipping-point-of-the-crisis-are-we-there-yet/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
	
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		<item>
		<title>Are we in a liquidity trap? (am I blind or is this another black swan?)</title>
		<link>http://scarcityrent.com/2009/01/09/are-we-in-a-liquidity-trap-am-i-blind-or-is-this-another-black-swan/</link>
		<comments>http://scarcityrent.com/2009/01/09/are-we-in-a-liquidity-trap-am-i-blind-or-is-this-another-black-swan/#comments</comments>
		<pubDate>Fri, 09 Jan 2009 11:33:29 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[MBA]]></category>
		<category><![CDATA[Macroeconomy]]></category>
		<category><![CDATA[Personal]]></category>
		<category><![CDATA[b-school]]></category>

		<guid isPermaLink="false">http://scarcityrent.com/?p=459</guid>
		<description><![CDATA[Liquidity traps are one of those obscure concepts hidden into macroeconomics books. Obscure enough to occupy some marginal comment only and disputed enough to be denied by the Austrian School of Economics.  Ludwig von Mises would label them as myths. But, as mytical as a black swans that have recenty decided to come out of [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&blog=780707&post=459&subd=gabrielbcn&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2009/01/09/are-we-in-a-liquidity-trap-am-i-blind-or-is-this-another-black-swan/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<item>
		<title>Crowding out time (more wood from the forced lenders)</title>
		<link>http://scarcityrent.com/2008/12/10/crowding-out-time-more-wood-from-the-forced-lenders/</link>
		<comments>http://scarcityrent.com/2008/12/10/crowding-out-time-more-wood-from-the-forced-lenders/#comments</comments>
		<pubDate>Wed, 10 Dec 2008 13:00:40 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[MBA]]></category>
		<category><![CDATA[Macroeconomy]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[b-school]]></category>

		<guid isPermaLink="false">http://scarcityrent.com/?p=446</guid>
		<description><![CDATA[Yes, right now the governments are pouring a lot of money into the system. Is it working? Can it work? Ain&#8217;t we trying to extinguish this fire the same way it started?
A well known effect in macroeconomics is the multiplicator accelerator model: there is a multiplicative effect when new investments are introduced in the economy [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&blog=780707&post=446&subd=gabrielbcn&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2008/12/10/crowding-out-time-more-wood-from-the-forced-lenders/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<title>Thinking of Walter Bagehot (forgotten panics and not-so-forgotten bankers)</title>
		<link>http://scarcityrent.com/2008/10/30/thinking-of-walter-bagehot-forgotten-bankers-and-forgotten-panics/</link>
		<comments>http://scarcityrent.com/2008/10/30/thinking-of-walter-bagehot-forgotten-bankers-and-forgotten-panics/#comments</comments>
		<pubDate>Thu, 30 Oct 2008 16:31:11 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Henley]]></category>
		<category><![CDATA[Macroeconomy]]></category>
		<category><![CDATA[Thoughts]]></category>
		<category><![CDATA[b-school]]></category>

		<guid isPermaLink="false">http://gabrielbcn.wordpress.com/?p=432</guid>
		<description><![CDATA[After a weekend in Henley closing the strategic marketing and global business environment modules, and endless talks about the capital markets, including a valuable late-hour conversation in the plane with an economist whose expertise are intangibles, I felt I needed to dwell on the past knowledge to gain some perspective on the issue.
And who better [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&blog=780707&post=432&subd=gabrielbcn&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2008/10/30/thinking-of-walter-bagehot-forgotten-bankers-and-forgotten-panics/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<item>
		<title>The ant, the grashopper and the interest rates</title>
		<link>http://scarcityrent.com/2008/10/03/the-ant-the-grashopper-and-the-interest-rates/</link>
		<comments>http://scarcityrent.com/2008/10/03/the-ant-the-grashopper-and-the-interest-rates/#comments</comments>
		<pubDate>Fri, 03 Oct 2008 19:10:49 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Macroeconomy]]></category>
		<category><![CDATA[Microeconomy]]></category>
		<category><![CDATA[Personal]]></category>
		<category><![CDATA[Thoughts]]></category>

		<guid isPermaLink="false">http://gabrielbcn.wordpress.com/?p=428</guid>
		<description><![CDATA[
I sincerely wished I could write about something else, but these days I&#8217;ve been spending a great deal of the time I don&#8217;t have absorbed by the financial markets.
And I&#8217;ve come to think of Aesop&#8217;s fable (click here for the Wikipedia entry): the ants and the grasshoppers, and the way they would have related to [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&blog=780707&post=428&subd=gabrielbcn&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2008/10/03/the-ant-the-grashopper-and-the-interest-rates/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
	
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			<media:title type="html">gabrielBCN</media:title>
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		<item>
		<title>Hallowed are the American taxpayers&#8230;</title>
		<link>http://scarcityrent.com/2008/09/22/hallowed-are-the-american-taxpayers/</link>
		<comments>http://scarcityrent.com/2008/09/22/hallowed-are-the-american-taxpayers/#comments</comments>
		<pubDate>Mon, 22 Sep 2008 11:16:23 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[MBA]]></category>
		<category><![CDATA[Macroeconomy]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Thoughts]]></category>

		<guid isPermaLink="false">http://gabrielbcn.wordpress.com/?p=422</guid>
		<description><![CDATA[
Hallowed are the American taxpayers
as they are the ones that will pay this huge bill,
Hallowed is the American Treasury
as it will acquire junk assets in the name of the Americans,
Hallowed are the international creditors
cos they will get increased risk premiums from a riskier debt,
Hallowed are the Feds
pushing forward a plan they don&#8217;t know if will [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&blog=780707&post=422&subd=gabrielbcn&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2008/09/22/hallowed-are-the-american-taxpayers/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
	
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			<media:title type="html">gabrielBCN</media:title>
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		<item>
		<title>Freddie Mac and Fannie Mae (Houston we&#8217;ve got a problem)</title>
		<link>http://scarcityrent.com/2008/09/09/freddie-mac-and-fannie-mae-houston-weve-got-a-problem/</link>
		<comments>http://scarcityrent.com/2008/09/09/freddie-mac-and-fannie-mae-houston-weve-got-a-problem/#comments</comments>
		<pubDate>Tue, 09 Sep 2008 09:45:08 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[MBA]]></category>
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		<guid isPermaLink="false">http://gabrielbcn.wordpress.com/?p=408</guid>
		<description><![CDATA[Even the most important (and supposedly liberal) economy in the world has its contradictions. And in this continuous deleveraging process that it&#8217;s suffering two huge pieces have fallen. Well, in fact, they have not fallen but been saved by the bell, at the last minute, by the American taxpayers. Or maybe not?
Let&#8217;s go step by [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&blog=780707&post=408&subd=gabrielbcn&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2008/09/09/freddie-mac-and-fannie-mae-houston-weve-got-a-problem/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
	
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