<?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: CHRISTOPHER THORNBERG: DOUBLE DIP IS COMING IN 2011</title>
	<atom:link href="http://pragcap.com/chris-thornberg-double-dip-is-coming-in-2011/feed" rel="self" type="application/rss+xml" />
	<link>http://pragcap.com/chris-thornberg-double-dip-is-coming-in-2011</link>
	<description></description>
	<lastBuildDate>Thu, 24 May 2012 19:45:07 +0000</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.3.2</generator>
	<item>
		<title>By: Low level retiree</title>
		<link>http://pragcap.com/chris-thornberg-double-dip-is-coming-in-2011/comment-page-1#comment-13683</link>
		<dc:creator>Low level retiree</dc:creator>
		<pubDate>Thu, 25 Mar 2010 17:05:33 +0000</pubDate>
		<guid isPermaLink="false">http://pragcap.com/?p=18076#comment-13683</guid>
		<description>Of course &quot;Uncle Ben&quot; just stated again to keep interest rates &quot;low&quot; for yet another &quot;extended&quot; time. While the MF&#039;s  on CNBC are going spastic with the &quot;stock maaaaaket&quot; bucking the trend, and pissin in their panties at the DOW  11K. 

I can&#039;t wait for the &quot;boooya boy&quot; to push more of his crap, while the other one will jump right on how his seeds are growin again. All the while low level savers are gettin racked as usual, and with most &quot;consumer &quot; items going up, which most of are not even counted in the CPI, along with higher utilities and medical costs, are forced to dig into what savings are left to pay these so called &quot;deflation&quot; prices, until its gone and THAN all sudden its time to raise the Interest rates. 

I guess those new Iphones and G4&#039;s are a deal at 500 bucks a pop.</description>
		<content:encoded><![CDATA[<p>Of course &#8220;Uncle Ben&#8221; just stated again to keep interest rates &#8220;low&#8221; for yet another &#8220;extended&#8221; time. While the MF&#8217;s  on CNBC are going spastic with the &#8220;stock maaaaaket&#8221; bucking the trend, and pissin in their panties at the DOW  11K. </p>
<p>I can&#8217;t wait for the &#8220;boooya boy&#8221; to push more of his crap, while the other one will jump right on how his seeds are growin again. All the while low level savers are gettin racked as usual, and with most &#8220;consumer &#8221; items going up, which most of are not even counted in the CPI, along with higher utilities and medical costs, are forced to dig into what savings are left to pay these so called &#8220;deflation&#8221; prices, until its gone and THAN all sudden its time to raise the Interest rates. </p>
<p>I guess those new Iphones and G4&#8242;s are a deal at 500 bucks a pop.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Hoody</title>
		<link>http://pragcap.com/chris-thornberg-double-dip-is-coming-in-2011/comment-page-1#comment-12991</link>
		<dc:creator>Hoody</dc:creator>
		<pubDate>Fri, 12 Mar 2010 23:24:46 +0000</pubDate>
		<guid isPermaLink="false">http://pragcap.com/?p=18076#comment-12991</guid>
		<description>I don&#039;t care who&#039;s in charge of this pig pen rate game, just get the damned rates back up. 

I see NO damned &quot;deflation&quot; everything I buy, or pay for is UP, I don&#039;t buy 10 tons of iron ore to dump in my back yard, I buy things I need to live. which the CPI seems to thing don&#039;t need to be counted.

with no COLA and higher co-pays, higher deductibles, and higher fees on licenses its only the rates on savings that help when the rates are at least 4%, this 1% or less is ridicules.</description>
		<content:encoded><![CDATA[<p>I don&#8217;t care who&#8217;s in charge of this pig pen rate game, just get the damned rates back up. </p>
<p>I see NO damned &#8220;deflation&#8221; everything I buy, or pay for is UP, I don&#8217;t buy 10 tons of iron ore to dump in my back yard, I buy things I need to live. which the CPI seems to thing don&#8217;t need to be counted.</p>
<p>with no COLA and higher co-pays, higher deductibles, and higher fees on licenses its only the rates on savings that help when the rates are at least 4%, this 1% or less is ridicules.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: ATP</title>
		<link>http://pragcap.com/chris-thornberg-double-dip-is-coming-in-2011/comment-page-1#comment-12906</link>
		<dc:creator>ATP</dc:creator>
		<pubDate>Thu, 11 Mar 2010 21:27:02 +0000</pubDate>
		<guid isPermaLink="false">http://pragcap.com/?p=18076#comment-12906</guid>
		<description>I have a lingering &quot;What if ...&quot; question in my mind.  Being in the &quot;Austrian&quot; camp, I naturally don&#039;t think our debt-based world is sustainable economically.  But what if continuous government life support becomes the &quot;new norm&quot;?  What if most people and governments have become so addicted to debt that they willingly accept debt-slavery as a given and don&#039;t even have the desire and will to break free?  What lies ahead?  The return of Fascism?  Communism?</description>
		<content:encoded><![CDATA[<p>I have a lingering &#8220;What if &#8230;&#8221; question in my mind.  Being in the &#8220;Austrian&#8221; camp, I naturally don&#8217;t think our debt-based world is sustainable economically.  But what if continuous government life support becomes the &#8220;new norm&#8221;?  What if most people and governments have become so addicted to debt that they willingly accept debt-slavery as a given and don&#8217;t even have the desire and will to break free?  What lies ahead?  The return of Fascism?  Communism?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: David</title>
		<link>http://pragcap.com/chris-thornberg-double-dip-is-coming-in-2011/comment-page-1#comment-12902</link>
		<dc:creator>David</dc:creator>
		<pubDate>Thu, 11 Mar 2010 20:35:35 +0000</pubDate>
		<guid isPermaLink="false">http://pragcap.com/?p=18076#comment-12902</guid>
		<description>The higher interest rate thing has been throwing me off lately.  Everybody seems to be saying rates are headed higher, and I understand the logic behind this but I just do not see rates heading significantly higher.  Full disclosure, I&#039;m in the deflation camp.  Similarities to Japan abound and we have not yet begun the delevaraging process in full.  We have around 53 trillion in total credit market debt.  We will eventually have to start paying down and writing off these debts to grow our economy.  Since short rates are not set by markets but rather by the FED, they will keep rates below 1 for an extended period to let consumers repair their balance sheets.  1 and below can hardly be considered a raise in rates imho since that is what got us here int he first place.  

I could be horribly wrong, but there are so many people shorting long us bonds right now that I don&#039;t want to be apart of it. I aggree with all fo his points and do feel a double dip is in th cards, but the higher rates I would disagree with.</description>
		<content:encoded><![CDATA[<p>The higher interest rate thing has been throwing me off lately.  Everybody seems to be saying rates are headed higher, and I understand the logic behind this but I just do not see rates heading significantly higher.  Full disclosure, I&#8217;m in the deflation camp.  Similarities to Japan abound and we have not yet begun the delevaraging process in full.  We have around 53 trillion in total credit market debt.  We will eventually have to start paying down and writing off these debts to grow our economy.  Since short rates are not set by markets but rather by the FED, they will keep rates below 1 for an extended period to let consumers repair their balance sheets.  1 and below can hardly be considered a raise in rates imho since that is what got us here int he first place.  </p>
<p>I could be horribly wrong, but there are so many people shorting long us bonds right now that I don&#8217;t want to be apart of it. I aggree with all fo his points and do feel a double dip is in th cards, but the higher rates I would disagree with.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Steve</title>
		<link>http://pragcap.com/chris-thornberg-double-dip-is-coming-in-2011/comment-page-1#comment-12900</link>
		<dc:creator>Steve</dc:creator>
		<pubDate>Thu, 11 Mar 2010 20:32:29 +0000</pubDate>
		<guid isPermaLink="false">http://pragcap.com/?p=18076#comment-12900</guid>
		<description>What are people going to do when the second mortgage bubble bursts, all the new crappy loans they&#039;re handing out today that won&#039;t be able to be repaid. This on top of barely being able to keep our heads above water now. Not to mention the inventory of houses that aren&#039;t even on the market yet. Healthcare is going to kill us. What are they thinking in Washington? Santelli has my vote too!</description>
		<content:encoded><![CDATA[<p>What are people going to do when the second mortgage bubble bursts, all the new crappy loans they&#8217;re handing out today that won&#8217;t be able to be repaid. This on top of barely being able to keep our heads above water now. Not to mention the inventory of houses that aren&#8217;t even on the market yet. Healthcare is going to kill us. What are they thinking in Washington? Santelli has my vote too!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: quark</title>
		<link>http://pragcap.com/chris-thornberg-double-dip-is-coming-in-2011/comment-page-1#comment-12899</link>
		<dc:creator>quark</dc:creator>
		<pubDate>Thu, 11 Mar 2010 20:28:08 +0000</pubDate>
		<guid isPermaLink="false">http://pragcap.com/?p=18076#comment-12899</guid>
		<description>First it was 2010 now its 2011 and in 2011 it will be 2012 etc...This is about as accurate as weatherforecasting in the Rockies.</description>
		<content:encoded><![CDATA[<p>First it was 2010 now its 2011 and in 2011 it will be 2012 etc&#8230;This is about as accurate as weatherforecasting in the Rockies.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: ctm9000</title>
		<link>http://pragcap.com/chris-thornberg-double-dip-is-coming-in-2011/comment-page-1#comment-12897</link>
		<dc:creator>ctm9000</dc:creator>
		<pubDate>Thu, 11 Mar 2010 20:02:00 +0000</pubDate>
		<guid isPermaLink="false">http://pragcap.com/?p=18076#comment-12897</guid>
		<description>Irving Fisher talked about escaping the deflation spiral via reflation.

&quot;However, Governments cannot print an acceleration of velocity. That is essential to recovery, and indeed it is an essential part of the reflation which almost everyone now recommends. Yet an addition to the money supply in quantitative terms does not automatically result in an acceleration of its velocity&quot;
See: &lt;a&gt;Daily Reckoning&lt;/a&gt;

See Fisher Theory:&lt;a href=&quot;http://fraser.stlouisfed.org/docs/meltzer/fisdeb33.pdf&quot; rel=&quot;nofollow&quot;&gt;Erving Fisher excerpt&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p>Irving Fisher talked about escaping the deflation spiral via reflation.</p>
<p>&#8220;However, Governments cannot print an acceleration of velocity. That is essential to recovery, and indeed it is an essential part of the reflation which almost everyone now recommends. Yet an addition to the money supply in quantitative terms does not automatically result in an acceleration of its velocity&#8221;<br />
See: <a>Daily Reckoning</a></p>
<p>See Fisher Theory:<a href="http://fraser.stlouisfed.org/docs/meltzer/fisdeb33.pdf" rel="nofollow">Erving Fisher excerpt</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: DanH</title>
		<link>http://pragcap.com/chris-thornberg-double-dip-is-coming-in-2011/comment-page-1#comment-12886</link>
		<dc:creator>DanH</dc:creator>
		<pubDate>Thu, 11 Mar 2010 17:40:06 +0000</pubDate>
		<guid isPermaLink="false">http://pragcap.com/?p=18076#comment-12886</guid>
		<description>Chris challenged TPC to a bet last night.  TPC would short the Russell 2,000 and own the VIX.  Chris would own the other side of the trade.  It doesn&#039;t appear to be working out too well for Chris right now.  He&#039;s down almost 2% in less than 24 hours.</description>
		<content:encoded><![CDATA[<p>Chris challenged TPC to a bet last night.  TPC would short the Russell 2,000 and own the VIX.  Chris would own the other side of the trade.  It doesn&#8217;t appear to be working out too well for Chris right now.  He&#8217;s down almost 2% in less than 24 hours.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: ctm9000</title>
		<link>http://pragcap.com/chris-thornberg-double-dip-is-coming-in-2011/comment-page-1#comment-12883</link>
		<dc:creator>ctm9000</dc:creator>
		<pubDate>Thu, 11 Mar 2010 17:16:55 +0000</pubDate>
		<guid isPermaLink="false">http://pragcap.com/?p=18076#comment-12883</guid>
		<description>Good stuff - thanks

From &lt;a href=&quot;http://www.debtdeflation.com/blogs/&quot; rel=&quot;nofollow&quot;&gt;Steve Keen&lt;/a&gt;:
&quot;Ultimately, the debate over whether we’re in a complete recovery or merely a temporary recess from the GFC will only be resolved by time. But well-informed theory can also give a guide as to what we can expect, and here I regard Hyman Minsky’s Financial Instability Hypothesis and Irving Fisher’s Debt Deflation Theory of Great Depressions as the outstanding guides&quot;</description>
		<content:encoded><![CDATA[<p>Good stuff &#8211; thanks</p>
<p>From <a href="http://www.debtdeflation.com/blogs/" rel="nofollow">Steve Keen</a>:<br />
&#8220;Ultimately, the debate over whether we’re in a complete recovery or merely a temporary recess from the GFC will only be resolved by time. But well-informed theory can also give a guide as to what we can expect, and here I regard Hyman Minsky’s Financial Instability Hypothesis and Irving Fisher’s Debt Deflation Theory of Great Depressions as the outstanding guides&#8221;</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Octopus</title>
		<link>http://pragcap.com/chris-thornberg-double-dip-is-coming-in-2011/comment-page-1#comment-12881</link>
		<dc:creator>Octopus</dc:creator>
		<pubDate>Thu, 11 Mar 2010 16:30:04 +0000</pubDate>
		<guid isPermaLink="false">http://pragcap.com/?p=18076#comment-12881</guid>
		<description>Where&#039;s Chris? I miss him...</description>
		<content:encoded><![CDATA[<p>Where&#8217;s Chris? I miss him&#8230;</p>
]]></content:encoded>
	</item>
</channel>
</rss>

