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	<title>Gabriel's scarcity rent - it's management stupid! &#187; Microeconomy</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; Microeconomy</title>
		<link>http://scarcityrent.com</link>
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		<title>And we are no longer asking &#8220;why&#8221; to the crisis</title>
		<link>http://scarcityrent.com/2011/04/11/and-we-are-no-longer-asking-why-to-the-crisis/</link>
		<comments>http://scarcityrent.com/2011/04/11/and-we-are-no-longer-asking-why-to-the-crisis/#comments</comments>
		<pubDate>Mon, 11 Apr 2011 05:20:47 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Macroeconomy]]></category>
		<category><![CDATA[Microeconomy]]></category>
		<category><![CDATA[Politics]]></category>
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		<guid isPermaLink="false">http://scarcityrent.com/?p=598</guid>
		<description><![CDATA[It&#8217;s amazing how we tend to forget. Not so long ago some people were still being blamed, bankers mostly, the beheaded god Alan Greenspan, some professional confidence man (aka con) Bernie Madoff, and a few more, but except for the latter that has even seen the disgrace in its own family, the former have gone [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&amp;blog=780707&amp;post=598&amp;subd=gabrielbcn&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>3</slash:comments>
	
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		<item>
		<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[Macroeconomy]]></category>
		<category><![CDATA[MBA]]></category>
		<category><![CDATA[Microeconomy]]></category>
		<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[Thoughts]]></category>

		<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&amp;blog=780707&amp;post=566&amp;subd=gabrielbcn&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<item>
		<title>For the pain in Spain, the banks are to blame (amongst others, let&#8217;s say)</title>
		<link>http://scarcityrent.com/2009/09/08/for-the-pain-in-spain-the-banks-are-to-blame-amongst-others-lets-saythe/</link>
		<comments>http://scarcityrent.com/2009/09/08/for-the-pain-in-spain-the-banks-are-to-blame-amongst-others-lets-saythe/#comments</comments>
		<pubDate>Tue, 08 Sep 2009 10:27:13 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Macroeconomy]]></category>
		<category><![CDATA[Microeconomy]]></category>
		<category><![CDATA[Spain]]></category>

		<guid isPermaLink="false">http://scarcityrent.com/?p=545</guid>
		<description><![CDATA[Being these days in Barcelona I&#8217;m amazed how several publications, I&#8217;m thinking of Forbes and their &#8220;Spanish banks in top form&#8221; article, can be so blind and misleading. If Spanish banks are in top form, buckle up Dorothy, as the ride is going to be very rough all over the world, you ain&#8217;t seen nothing! [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&amp;blog=780707&amp;post=545&amp;subd=gabrielbcn&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>Recovery or rebound? (long lasting pains)</title>
		<link>http://scarcityrent.com/2009/08/18/recovery-or-rebound-long-lasting-pains/</link>
		<comments>http://scarcityrent.com/2009/08/18/recovery-or-rebound-long-lasting-pains/#comments</comments>
		<pubDate>Tue, 18 Aug 2009 05:37:47 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Macroeconomy]]></category>
		<category><![CDATA[Microeconomy]]></category>
		<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[Thoughts]]></category>

		<guid isPermaLink="false">http://scarcityrent.com/?p=542</guid>
		<description><![CDATA[It&#8217;s always nice to hear that Japan has grown a 3.7%. It makes eye-catchy headlines. But if you go deeper you see that the figure is just the annualisation of a mere 0.9% between April and June, and that in the first quarter the slump was around 11%. What does that tell us about statistical [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&amp;blog=780707&amp;post=542&amp;subd=gabrielbcn&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2009/08/18/recovery-or-rebound-long-lasting-pains/feed/</wfw:commentRss>
		<slash:comments>6</slash:comments>
	
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		<title>Banco Santander: a rising star (but not that bright)</title>
		<link>http://scarcityrent.com/2009/01/29/banco-santander-a-rising-star-but-not-that-bright/</link>
		<comments>http://scarcityrent.com/2009/01/29/banco-santander-a-rising-star-but-not-that-bright/#comments</comments>
		<pubDate>Thu, 29 Jan 2009 11:24:32 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Macroeconomy]]></category>
		<category><![CDATA[MBA]]></category>
		<category><![CDATA[Microeconomy]]></category>
		<category><![CDATA[Personal]]></category>

		<guid isPermaLink="false">http://scarcityrent.com/?p=469</guid>
		<description><![CDATA[If you&#8217;ve been reading in the news on how Banco Santander is covering its customers over Madoff&#8217;s losses, and how it&#8217;s been cherry picking some banks in distress, as well as not using the Spanish&#8217;s government toxic assets relief measures you&#8217;ll be thinking that they are a rising star. And they are, I won&#8217;t be [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&amp;blog=780707&amp;post=469&amp;subd=gabrielbcn&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2009/01/29/banco-santander-a-rising-star-but-not-that-bright/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 [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&amp;blog=780707&amp;post=428&amp;subd=gabrielbcn&amp;ref=&amp;feed=1" width="1" height="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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		<title>Reflections from a high-speed train (inbetween Madrid and Barcelona)</title>
		<link>http://scarcityrent.com/2008/04/02/reflections-from-a-high-speed-train-inbetween-madrid-and-barcelona/</link>
		<comments>http://scarcityrent.com/2008/04/02/reflections-from-a-high-speed-train-inbetween-madrid-and-barcelona/#comments</comments>
		<pubDate>Wed, 02 Apr 2008 22:35:40 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[Aviation]]></category>
		<category><![CDATA[b-school]]></category>
		<category><![CDATA[Barcelona]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[MBA]]></category>
		<category><![CDATA[Microeconomy]]></category>
		<category><![CDATA[Spain]]></category>

		<guid isPermaLink="false">http://scarcityrent.com/?p=339</guid>
		<description><![CDATA[I often travel the route Barcelona Madrid (and backwards) for the day. By plane it&#8217;s rather tiresome and expensive: with an open fare you end up paying around 400€ for a 630 km flight (+ 630 km back). Barcelona &#8211; Madrid is the world&#8217;s busiest route with 971 operations per week. The second one is [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&amp;blog=780707&amp;post=339&amp;subd=gabrielbcn&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2008/04/02/reflections-from-a-high-speed-train-inbetween-madrid-and-barcelona/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
	
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			<media:title type="html">gabrielBCN</media:title>
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		<title>Financial weapons of mass destruction unleashed in the US (the party is over)</title>
		<link>http://scarcityrent.com/2008/03/17/financial-weapons-of-mass-destruction-unleashed-in-the-us/</link>
		<comments>http://scarcityrent.com/2008/03/17/financial-weapons-of-mass-destruction-unleashed-in-the-us/#comments</comments>
		<pubDate>Mon, 17 Mar 2008 09:28:38 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[b-school]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Macroeconomy]]></category>
		<category><![CDATA[MBA]]></category>
		<category><![CDATA[Microeconomy]]></category>
		<category><![CDATA[Private Equity]]></category>

		<guid isPermaLink="false">http://gabrielbcn.wordpress.com/?p=333</guid>
		<description><![CDATA[It supposedly began with a bubble. Just another bubble like the one I described on The South Sea Company (or how Sir Isaac Newton spurned the dismal science). The bubble was fuelled by an excess of liquidity. It had to end someday. We learned the word subprimes. We knew it had to mean trouble. Liquidity [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&amp;blog=780707&amp;post=333&amp;subd=gabrielbcn&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2008/03/17/financial-weapons-of-mass-destruction-unleashed-in-the-us/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
	
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		<title>Why is the cost of food skyrocketing? (think twice before assuming we&#8217;re more hungry)</title>
		<link>http://scarcityrent.com/2008/01/14/why-is-the-cost-of-food-skyrocketing-think-twice-before-assuming-were-more-hungry/</link>
		<comments>http://scarcityrent.com/2008/01/14/why-is-the-cost-of-food-skyrocketing-think-twice-before-assuming-were-more-hungry/#comments</comments>
		<pubDate>Mon, 14 Jan 2008 12:33:14 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[b-school]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[MBA]]></category>
		<category><![CDATA[Microeconomy]]></category>
		<category><![CDATA[Politics]]></category>

		<guid isPermaLink="false">http://scarcityrent.com/2008/01/14/why-is-the-cost-of-food-skyrocketing-think-twice-before-assuming-were-more-hungry/</guid>
		<description><![CDATA[I&#8217;ve been having a conversation about food prices. It&#8217;s a fact that they have skyrocketed lately, and they don&#8217;t look like they&#8217;re going to go down soon. Why is that? The first reason is, of course, that now we are more people eating. I personally haven&#8217;t changed my eating habits, but a lot of Chinese, [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&amp;blog=780707&amp;post=302&amp;subd=gabrielbcn&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2008/01/14/why-is-the-cost-of-food-skyrocketing-think-twice-before-assuming-were-more-hungry/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
	
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			<media:title type="html">gabrielBCN</media:title>
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		<title>(The mistake of) further leaning the supply chain in difficult times</title>
		<link>http://scarcityrent.com/2007/10/24/the-mistake-of-further-leaning-the-supply-chain-in-difficult-times/</link>
		<comments>http://scarcityrent.com/2007/10/24/the-mistake-of-further-leaning-the-supply-chain-in-difficult-times/#comments</comments>
		<pubDate>Tue, 23 Oct 2007 22:13:49 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[b-school]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[MBA]]></category>
		<category><![CDATA[Microeconomy]]></category>

		<guid isPermaLink="false">http://scarcityrent.com/2007/10/24/the-mistake-of-further-leaning-the-supply-chain-in-difficult-times/</guid>
		<description><![CDATA[Operations have always interested me. I&#8217;ve worked with supply chains, studied them, comprehended them. But, what I don&#8217;t understand, is why that motto of &#8220;leaning the supply chain&#8221; is considered an universal truth. Reminds me that one of &#8220;leaning -and trimming- the organisation&#8221; whose long-term results -only now are beginning to be known. Because sometimes [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&amp;blog=780707&amp;post=188&amp;subd=gabrielbcn&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2007/10/24/the-mistake-of-further-leaning-the-supply-chain-in-difficult-times/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
	
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