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	<title>recession &#8211; The Rainbow Blog</title>
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	<link>https://www.therainbowblog.co.uk</link>
	<description>What we live in is broken. It can&#039;t be mended. Economy fail.</description>
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		<title>The Black Heart Of Banking</title>
		<link>https://www.therainbowblog.co.uk/the-black-heart-of-banking/</link>
					<comments>https://www.therainbowblog.co.uk/the-black-heart-of-banking/#comments</comments>
		
		<dc:creator><![CDATA[Bill Kruse]]></dc:creator>
		<pubDate>Sat, 21 Aug 2010 09:19:45 +0000</pubDate>
				<category><![CDATA[austerity measures]]></category>
		<category><![CDATA[Business as usual]]></category>
		<category><![CDATA[Fractional reserve banking]]></category>
		<category><![CDATA[There is no upturn]]></category>
		<category><![CDATA[This is not our economy]]></category>
		<category><![CDATA[Times-a-changin']]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[collapse]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[money supply]]></category>
		<category><![CDATA[recession]]></category>
		<guid isPermaLink="false">http://www.therainbowblog.co.uk/?p=205</guid>

					<description><![CDATA[Banks don&#8217;t actually need any capital base at all, they can make money up from the thin air at will (setting aside the dictates of the BIS which is biased on the side of the banks) and gift it or loan it at .01% interest to deserving business and so promote the creation of wealth. &#8230; <p class="link-more"><a href="https://www.therainbowblog.co.uk/the-black-heart-of-banking/" class="more-link">Continue reading<span class="screen-reader-text"> "The Black Heart Of Banking"</span></a></p>]]></description>
		
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		<title>Ships in the night &#8211; recession ships lie idle</title>
		<link>https://www.therainbowblog.co.uk/ships-in-the-night-recession-ships-lie-idle/</link>
					<comments>https://www.therainbowblog.co.uk/ships-in-the-night-recession-ships-lie-idle/#respond</comments>
		
		<dc:creator><![CDATA[Bill Kruse]]></dc:creator>
		<pubDate>Mon, 14 Sep 2009 08:21:40 +0000</pubDate>
				<category><![CDATA[There is no upturn]]></category>
		<category><![CDATA[idle]]></category>
		<category><![CDATA[recession]]></category>
		<guid isPermaLink="false">http://www.therainbowblog.co.uk/?p=3</guid>

					<description><![CDATA[If  the recession&#8217;s over or anywhere near it, why are all these container ships lying idle, with more being built that will only lie idle too when they&#8217;re completed (if they ever actually are)? One can make allowances for prior overproduction, but not this much, not by any means. Read more at http://www.dailymail.co.uk/home/moslive/article-1212013/Revealed-The-ghost-fleet-recession.html http://tinyurl.com/qnr3dr Unusually &#8230; <p class="link-more"><a href="https://www.therainbowblog.co.uk/ships-in-the-night-recession-ships-lie-idle/" class="more-link">Continue reading<span class="screen-reader-text"> "Ships in the night &#8211; recession ships lie idle"</span></a></p>]]></description>
		
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