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	<title>willem buiter's maverecon</title>
	
	<link>http://blogs.ft.com/maverecon</link>
	<description>This blog has been archived</description>
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		<title>Πάντα ῥεῖ</title>
		<link>http://feedproxy.google.com/~r/typepad/maverecon/~3/nJcwO8npCWU/</link>
		<comments>http://blogs.ft.com/maverecon/2009/12/%cf%80%ce%ac%ce%bd%cf%84%ce%b1-%e1%bf%a5%ce%b5%e1%bf%96/#comments</comments>
		<pubDate>Tue, 01 Dec 2009 11:27:17 +0000</pubDate>
		<dc:creator>Willem Buiter</dc:creator>
				<category><![CDATA[Economics]]></category>

		<guid isPermaLink="false">http://blogs.ft.com/maverecon/?p=8271</guid>
		<description><![CDATA[In January 2010 I will, DV, start a new career as Chief Economist at Citi.  Unlike my predecessor in that position, Lewis Alexander, who was based in New York City, I shall be based in London. As a consequence of &#8230;<div class="entry-meta"><a href="http://blogs.ft.com/maverecon/2009/12/%cf%80%ce%ac%ce%bd%cf%84%ce%b1-%e1%bf%a5%ce%b5%e1%bf%96/">Continue reading: <span class="meta-nav">"Πάντα ῥεῖ"</span></a></div>]]></description>
		<wfw:commentRss>http://blogs.ft.com/maverecon/2009/12/%cf%80%ce%ac%ce%bd%cf%84%ce%b1-%e1%bf%a5%ce%b5%e1%bf%96/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<item>
		<title>The intrinsic unimportance of Dubai World and the important wider message it conveys</title>
		<link>http://feedproxy.google.com/~r/typepad/maverecon/~3/QAdf4iLp-Z8/</link>
		<comments>http://blogs.ft.com/maverecon/2009/11/the-intrinsic-unimportance-of-dubai-world-and-the-important-wider-message-it-conveys/#comments</comments>
		<pubDate>Sun, 29 Nov 2009 18:08:58 +0000</pubDate>
		<dc:creator>Willem Buiter</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Ethics]]></category>
		<category><![CDATA[European Union]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Financial Markets]]></category>
		<category><![CDATA[International Trade]]></category>
		<category><![CDATA[Monetary Policy]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Religion]]></category>
		<category><![CDATA[UK Economy]]></category>

		<guid isPermaLink="false">http://blogs.ft.com/maverecon/?p=8041</guid>
		<description><![CDATA[Dubai is not systemically significant.  If its troubles open our eyes to the likely imminence of the start of the final leg of the journey from household default through bank default to sovereign default, it may do some systemic good, &#8230;<div class="entry-meta"><a href="http://blogs.ft.com/maverecon/2009/11/the-intrinsic-unimportance-of-dubai-world-and-the-important-wider-message-it-conveys/">Continue reading: <span class="meta-nav">"The intrinsic unimportance of Dubai World and the important wider message it conveys"</span></a></div>]]></description>
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		<slash:comments>0</slash:comments>
		<feedburner:origLink>http://blogs.ft.com/maverecon/2009/11/the-intrinsic-unimportance-of-dubai-world-and-the-important-wider-message-it-conveys/</feedburner:origLink></item>
		<item>
		<title>Polite suggestion to the Dubai sovereign that creditors of Dubai World not be bailed out</title>
		<link>http://feedproxy.google.com/~r/typepad/maverecon/~3/6-3KmOUV8to/</link>
		<comments>http://blogs.ft.com/maverecon/2009/11/polite-sugggestion-to-the-dubai-sovereign-that-creditors-of-dubai-world-not-be-bailed-out/#comments</comments>
		<pubDate>Fri, 27 Nov 2009 00:35:54 +0000</pubDate>
		<dc:creator>Willem Buiter</dc:creator>
				<category><![CDATA[Culture]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Ethics]]></category>
		<category><![CDATA[European Union]]></category>
		<category><![CDATA[Finance]]></category>
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		<category><![CDATA[Religion]]></category>
		<category><![CDATA[UK Economy]]></category>
		<category><![CDATA[Uncategorised]]></category>

		<guid isPermaLink="false">http://blogs.ft.com/maverecon/?p=7946</guid>
		<description><![CDATA[The markets today were in a bit of a tizzy because the Dubai World Group, a holding company owned 100 percent by Dubai&#8217;s government, and Nakheel, a wholly owned subsidiary of Dubai World, imposed a debt restructuring and debt service &#8230;<div class="entry-meta"><a href="http://blogs.ft.com/maverecon/2009/11/polite-sugggestion-to-the-dubai-sovereign-that-creditors-of-dubai-world-not-be-bailed-out/">Continue reading: <span class="meta-nav">"Polite suggestion to the Dubai sovereign that creditors of Dubai World not be bailed out"</span></a></div>]]></description>
		<wfw:commentRss>http://blogs.ft.com/maverecon/2009/11/polite-sugggestion-to-the-dubai-sovereign-that-creditors-of-dubai-world-not-be-bailed-out/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>Auditing the central bank: a jolly good thing!</title>
		<link>http://feedproxy.google.com/~r/typepad/maverecon/~3/G-IfhbmWV6c/</link>
		<comments>http://blogs.ft.com/maverecon/2009/11/auditing-the-central-bank-a-jolly-good-thing/#comments</comments>
		<pubDate>Fri, 20 Nov 2009 12:46:20 +0000</pubDate>
		<dc:creator>Willem Buiter</dc:creator>
				<category><![CDATA[Culture]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Ethics]]></category>
		<category><![CDATA[European Union]]></category>
		<category><![CDATA[Monetary Policy]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[UK Economy]]></category>

		<guid isPermaLink="false">http://blogs.ft.com/maverecon/?p=7751</guid>
		<description><![CDATA[What is so important about H.R. 1207: the Federal Reserve Transparency Act of 2009 aka the &#8216;Audit the Fed&#8217; bill? This bill &#8220;To amend title 31, United States Code, to reform the manner in which the Board of Governors of &#8230;<div class="entry-meta"><a href="http://blogs.ft.com/maverecon/2009/11/auditing-the-central-bank-a-jolly-good-thing/">Continue reading: <span class="meta-nav">"Auditing the central bank: a jolly good thing!"</span></a></div>]]></description>
		<wfw:commentRss>http://blogs.ft.com/maverecon/2009/11/auditing-the-central-bank-a-jolly-good-thing/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		<feedburner:origLink>http://blogs.ft.com/maverecon/2009/11/auditing-the-central-bank-a-jolly-good-thing/</feedburner:origLink></item>
		<item>
		<title>Yapping away at gold:  lessons from the last days of the Rai</title>
		<link>http://feedproxy.google.com/~r/typepad/maverecon/~3/ZfBajrsxcgw/</link>
		<comments>http://blogs.ft.com/maverecon/2009/11/yapping-away-at-gold-lessons-from-the-last-days-of-the-rai/#comments</comments>
		<pubDate>Mon, 16 Nov 2009 00:53:02 +0000</pubDate>
		<dc:creator>Willem Buiter</dc:creator>
				<category><![CDATA[Economics]]></category>

		<guid isPermaLink="false">http://blogs.ft.com/maverecon/?p=7706</guid>
		<description><![CDATA[Mr Eliot Whitehead sent me the following e-mail message in response to my blog post &#8216;Gold &#8211; a six thousand year old bubble&#8217;: &#8220;Regarding your FT article, Gold &#8211; a six thousand year old bubble, it would interest you to &#8230;<div class="entry-meta"><a href="http://blogs.ft.com/maverecon/2009/11/yapping-away-at-gold-lessons-from-the-last-days-of-the-rai/">Continue reading: <span class="meta-nav">"Yapping away at gold:  lessons from the last days of the Rai"</span></a></div>]]></description>
		<wfw:commentRss>http://blogs.ft.com/maverecon/2009/11/yapping-away-at-gold-lessons-from-the-last-days-of-the-rai/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		<feedburner:origLink>http://blogs.ft.com/maverecon/2009/11/yapping-away-at-gold-lessons-from-the-last-days-of-the-rai/</feedburner:origLink></item>
		<item>
		<title>Gold – a six thousand year-old bubble</title>
		<link>http://feedproxy.google.com/~r/typepad/maverecon/~3/muzBxVCpe5Q/</link>
		<comments>http://blogs.ft.com/maverecon/2009/11/gold-a-six-thousand-year-old-bubble/#comments</comments>
		<pubDate>Sun, 08 Nov 2009 18:02:40 +0000</pubDate>
		<dc:creator>Willem Buiter</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Environment]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Financial Markets]]></category>
		<category><![CDATA[Monetary Policy]]></category>

		<guid isPermaLink="false">http://blogs.ft.com/maverecon/?p=7641</guid>
		<description><![CDATA[Gold is unlike any other commodity.  It is costly to extract from the earth and to refine to a reasonable degree of purity.  It is costly to store.  It has no remaining uses as a producer good &#8211; equivalent or &#8230;<div class="entry-meta"><a href="http://blogs.ft.com/maverecon/2009/11/gold-a-six-thousand-year-old-bubble/">Continue reading: <span class="meta-nav">"Gold &#8211; a six thousand year-old bubble"</span></a></div>]]></description>
		<wfw:commentRss>http://blogs.ft.com/maverecon/2009/11/gold-a-six-thousand-year-old-bubble/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		<feedburner:origLink>http://blogs.ft.com/maverecon/2009/11/gold-a-six-thousand-year-old-bubble/</feedburner:origLink></item>
		<item>
		<title>Should central banks be quasi-fiscal actors?</title>
		<link>http://feedproxy.google.com/~r/typepad/maverecon/~3/EsvMC4jf74I/</link>
		<comments>http://blogs.ft.com/maverecon/2009/11/should-central-banks-be-quasi-fiscal-actors/#comments</comments>
		<pubDate>Mon, 02 Nov 2009 23:43:11 +0000</pubDate>
		<dc:creator>Willem Buiter</dc:creator>
				<category><![CDATA[Economics]]></category>

		<guid isPermaLink="false">http://blogs.ft.com/maverecon/?p=7561</guid>
		<description><![CDATA[There are two reasons why the Fed, or any other central bank, should not act as a quasi-fiscal branch of the government, other than paying to the Treasury in taxes the profits it makes in the pursuit of its mandated &#8230;<div class="entry-meta"><a href="http://blogs.ft.com/maverecon/2009/11/should-central-banks-be-quasi-fiscal-actors/">Continue reading: <span class="meta-nav">"Should central banks be quasi-fiscal actors?"</span></a></div>]]></description>
		<wfw:commentRss>http://blogs.ft.com/maverecon/2009/11/should-central-banks-be-quasi-fiscal-actors/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		<feedburner:origLink>http://blogs.ft.com/maverecon/2009/11/should-central-banks-be-quasi-fiscal-actors/</feedburner:origLink></item>
		<item>
		<title>The proposed European Systemic Risk Board is overweight central bankers</title>
		<link>http://feedproxy.google.com/~r/typepad/maverecon/~3/sM_cB4oNU8U/</link>
		<comments>http://blogs.ft.com/maverecon/2009/10/the-proposed-european-systemic-risk-board-is-overweight-central-bankers/#comments</comments>
		<pubDate>Wed, 28 Oct 2009 00:34:30 +0000</pubDate>
		<dc:creator>Willem Buiter</dc:creator>
				<category><![CDATA[Culture]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Ethics]]></category>
		<category><![CDATA[European Union]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Financial Markets]]></category>
		<category><![CDATA[Monetary Policy]]></category>
		<category><![CDATA[Politics]]></category>

		<guid isPermaLink="false">http://blogs.ft.com/maverecon/?p=7376</guid>
		<description><![CDATA[On September 25, 2009, the Commission of the European Communities produced a proposal for EU-level macro-prudential regulation and supervision, &#8220;Proposal for a Regulation of the European Parliament and of the Council on Community macro prudential oversight of the financial system &#8230;<div class="entry-meta"><a href="http://blogs.ft.com/maverecon/2009/10/the-proposed-european-systemic-risk-board-is-overweight-central-bankers/">Continue reading: <span class="meta-nav">"The proposed European Systemic Risk Board is overweight central bankers"</span></a></div>]]></description>
		<wfw:commentRss>http://blogs.ft.com/maverecon/2009/10/the-proposed-european-systemic-risk-board-is-overweight-central-bankers/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		<feedburner:origLink>http://blogs.ft.com/maverecon/2009/10/the-proposed-european-systemic-risk-board-is-overweight-central-bankers/</feedburner:origLink></item>
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		<title>Another quarter of negative GDP growth in the UK: situation hopeless but not serious</title>
		<link>http://feedproxy.google.com/~r/typepad/maverecon/~3/Qr71p9fAX6E/</link>
		<comments>http://blogs.ft.com/maverecon/2009/10/another-quarter-of-negative-gdp-growth-in-the-uk-situation-hopeless-but-not-serious/#comments</comments>
		<pubDate>Sat, 24 Oct 2009 22:36:52 +0000</pubDate>
		<dc:creator>Willem Buiter</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Ethics]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Financial Markets]]></category>
		<category><![CDATA[Monetary Policy]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[UK Economy]]></category>

		<guid isPermaLink="false">http://blogs.ft.com/maverecon/?p=7331</guid>
		<description><![CDATA[The difference between data and information has been underlined emphatically by the release on Friday, October 23rd, of the UK GDP data for the third quarter of 2009.  Those who make a profession out of providing point forecasts of future &#8230;<div class="entry-meta"><a href="http://blogs.ft.com/maverecon/2009/10/another-quarter-of-negative-gdp-growth-in-the-uk-situation-hopeless-but-not-serious/">Continue reading: <span class="meta-nav">"Another quarter of negative GDP growth in the UK: situation hopeless but not serious"</span></a></div>]]></description>
		<wfw:commentRss>http://blogs.ft.com/maverecon/2009/10/another-quarter-of-negative-gdp-growth-in-the-uk-situation-hopeless-but-not-serious/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Time for the ECB to get serious about the overvalued euro</title>
		<link>http://feedproxy.google.com/~r/typepad/maverecon/~3/OQLtVIL8up4/</link>
		<comments>http://blogs.ft.com/maverecon/2009/10/time-for-the-ecb-to-get-serious-about-the-overvalued-euro/#comments</comments>
		<pubDate>Sun, 18 Oct 2009 12:03:52 +0000</pubDate>
		<dc:creator>Willem Buiter</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[European Union]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Financial Markets]]></category>
		<category><![CDATA[Monetary Policy]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[UK Economy]]></category>

		<guid isPermaLink="false">http://blogs.ft.com/maverecon/?p=6611</guid>
		<description><![CDATA[The euro has become a currency on steroids.  Its relentless nominal and real appreciation since the end of 2000 was briefly interrupted in the second half of 2008, but resumed with a vengeance during 2009.  The strength of the currency is hurting &#8230;<div class="entry-meta"><a href="http://blogs.ft.com/maverecon/2009/10/time-for-the-ecb-to-get-serious-about-the-overvalued-euro/">Continue reading: <span class="meta-nav">"Time for the ECB to get serious about the overvalued euro"</span></a></div>]]></description>
		<wfw:commentRss>http://blogs.ft.com/maverecon/2009/10/time-for-the-ecb-to-get-serious-about-the-overvalued-euro/feed/</wfw:commentRss>
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