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	<title>Dr. Housing Bubble Blog &#187; Great Depression</title>
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	<description>How I Learned to Love Southern California and Forget the Housing Bubble</description>
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		<title>The Gospel of Economic Prosperity: Lessons from the Great Depression Part XVIII.  Pretend and Spend and Success will Come.</title>
		<link>http://www.doctorhousingbubble.com/the-gospel-of-economic-prosperity-lessons-from-the-great-depression-part-xviii-pretend-and-spend-and-success-will-come/</link>
		<comments>http://www.doctorhousingbubble.com/the-gospel-of-economic-prosperity-lessons-from-the-great-depression-part-xviii-pretend-and-spend-and-success-will-come/#comments</comments>
		<pubDate>Tue, 08 Sep 2009 07:02:34 +0000</pubDate>
		<dc:creator>drhousingbubble</dc:creator>
				<category><![CDATA[Great Depression]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[credit cards]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[fraud]]></category>
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		<category><![CDATA[market history]]></category>
		<category><![CDATA[psychology]]></category>
		<category><![CDATA[conusmer]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[financial history]]></category>
		<category><![CDATA[markety analysis]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[mortgages]]></category>
		<category><![CDATA[wall street]]></category>

		<guid isPermaLink="false">http://www.doctorhousingbubble.com/?p=2339</guid>
		<description><![CDATA[The snow of twenty-nine wasn’t real snow.  If you didn’t want it to be snow, you just paid some money. -F. Scott Fitzgerald The gospel of infinite prosperity is back in full bloom.  Echoing from the television talking heads and radio pundits preach that the economy is on the mend because we have spent our [...]]]></description>
		<wfw:commentRss>http://www.doctorhousingbubble.com/the-gospel-of-economic-prosperity-lessons-from-the-great-depression-part-xviii-pretend-and-spend-and-success-will-come/feed/</wfw:commentRss>
		<slash:comments>23</slash:comments>
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		<title>The American Household Balance Sheet.  Lessons from the Great Depression Part XXVII:  Household Net Worth Drop in Great Depression 11 Percent.  Current Net Worth Drop of $13.8 Trillion Equivalent to 21 Percent Drop.</title>
		<link>http://www.doctorhousingbubble.com/the-american-household-balance-sheet-lessons-from-the-great-depression-part-xxvii-household-net-worth-drop-in-great-depression-11-percent-current-net-worth-drop-of-138-trillion-equivalent-to-2/</link>
		<comments>http://www.doctorhousingbubble.com/the-american-household-balance-sheet-lessons-from-the-great-depression-part-xxvii-household-net-worth-drop-in-great-depression-11-percent-current-net-worth-drop-of-138-trillion-equivalent-to-2/#comments</comments>
		<pubDate>Sun, 02 Aug 2009 17:53:02 +0000</pubDate>
		<dc:creator>drhousingbubble</dc:creator>
				<category><![CDATA[Great Depression]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[employment]]></category>
		<category><![CDATA[market analysis]]></category>
		<category><![CDATA[market history]]></category>
		<category><![CDATA[mortgages]]></category>
		<category><![CDATA[balance sheet]]></category>
		<category><![CDATA[consumer]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[net worth]]></category>
		<category><![CDATA[real-estate]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[stock market]]></category>

		<guid isPermaLink="false">http://www.doctorhousingbubble.com/?p=2100</guid>
		<description><![CDATA[$78 trillion.  In the third quarter of 2007 American households controlled $78 trillion in various assets including real estate, equities, pensions, and other forms of wealth.  Adding in the liability side of the equation, Americans in the peak year of 2007 had a net worth of $64.2 trillion.  A sizeable portion of that net worth [...]]]></description>
		<wfw:commentRss>http://www.doctorhousingbubble.com/the-american-household-balance-sheet-lessons-from-the-great-depression-part-xxvii-household-net-worth-drop-in-great-depression-11-percent-current-net-worth-drop-of-138-trillion-equivalent-to-2/feed/</wfw:commentRss>
		<slash:comments>16</slash:comments>
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		<title>Pecora Commission Where Art Thou?  Lessons from the Great Depression Part XXVI:  Time to put the Bankers and Wall Street on Trial.  &#8220;Legal chicanery and pitch darkness were the banker&#8217;s stoutest allies.&#8221;</title>
		<link>http://www.doctorhousingbubble.com/pecora-investigation-where-art-thou-finance-lessons-from-the-great-depression-wall-street-and-banks-need-trial/</link>
		<comments>http://www.doctorhousingbubble.com/pecora-investigation-where-art-thou-finance-lessons-from-the-great-depression-wall-street-and-banks-need-trial/#comments</comments>
		<pubDate>Tue, 28 Apr 2009 05:54:24 +0000</pubDate>
		<dc:creator>drhousingbubble</dc:creator>
				<category><![CDATA[Great Depression]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[bank failure]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[market history]]></category>
		<category><![CDATA[bailouts]]></category>
		<category><![CDATA[history]]></category>
		<category><![CDATA[regulation]]></category>
		<category><![CDATA[trials]]></category>
		<category><![CDATA[wall street]]></category>

		<guid isPermaLink="false">http://www.doctorhousingbubble.com/?p=1739</guid>
		<description><![CDATA[The Pecora hearings have been making the rounds recently.  The United States Senate Committee on Banking and Currency was setup during the Great Depression to examine the causes of the Wall Street Crash of 1929.  The initial inquiry started in March 4, 1932 and was heavily politicized.  After all, we were talking about the Great [...]]]></description>
		<wfw:commentRss>http://www.doctorhousingbubble.com/pecora-investigation-where-art-thou-finance-lessons-from-the-great-depression-wall-street-and-banks-need-trial/feed/</wfw:commentRss>
		<slash:comments>23</slash:comments>
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		<title>Reconstruction Finance Corporation II:  Lessons from the Great Depression.  Part XXV:  Understanding what we own, Financial History, and the Dangers of Price Floors.</title>
		<link>http://www.doctorhousingbubble.com/reconstruction-finance-corporation-ii-lessons-from-the-great-depression-part-xxv-understanding-what-we-own-financial-history-and-the-dangers-of-price-floors/</link>
		<comments>http://www.doctorhousingbubble.com/reconstruction-finance-corporation-ii-lessons-from-the-great-depression-part-xxv-understanding-what-we-own-financial-history-and-the-dangers-of-price-floors/#comments</comments>
		<pubDate>Mon, 23 Feb 2009 07:29:27 +0000</pubDate>
		<dc:creator>drhousingbubble</dc:creator>
				<category><![CDATA[California Love]]></category>
		<category><![CDATA[Great Depression]]></category>
		<category><![CDATA[bank failure]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[foreclosures]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[global crisis]]></category>
		<category><![CDATA[housing-2007]]></category>
		<category><![CDATA[housing-2009]]></category>
		<category><![CDATA[housing-data]]></category>
		<category><![CDATA[investment fraud]]></category>
		<category><![CDATA[mainstream-media]]></category>
		<category><![CDATA[market analysis]]></category>
		<category><![CDATA[option arms]]></category>
		<category><![CDATA[psychology]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[history]]></category>
		<category><![CDATA[investing]]></category>
		<category><![CDATA[RFC]]></category>

		<guid isPermaLink="false">http://www.doctorhousingbubble.com/?p=1445</guid>
		<description><![CDATA[One good thing about the new information age is there is no lack of ideas on how to go about solving our current economic crisis.  Yet I am a bit dismayed how some people have suddenly found economic religion yet sat by when the Federal Reserve expanded powers to unprecedented levels and cheered on the [...]]]></description>
		<wfw:commentRss>http://www.doctorhousingbubble.com/reconstruction-finance-corporation-ii-lessons-from-the-great-depression-part-xxv-understanding-what-we-own-financial-history-and-the-dangers-of-price-floors/feed/</wfw:commentRss>
		<slash:comments>15</slash:comments>
		</item>
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		<title>The World in Depression:  Lessons from the Great Depression:  Part XXIV:  Economic Crises Around the World in Synchronization.</title>
		<link>http://www.doctorhousingbubble.com/the-world-in-depression-lessons-from-the-great-depression-part-xxiv-economic-crises-around-the-world-in-synchronization/</link>
		<comments>http://www.doctorhousingbubble.com/the-world-in-depression-lessons-from-the-great-depression-part-xxiv-economic-crises-around-the-world-in-synchronization/#comments</comments>
		<pubDate>Mon, 19 Jan 2009 07:51:32 +0000</pubDate>
		<dc:creator>drhousingbubble</dc:creator>
				<category><![CDATA[Great Depression]]></category>
		<category><![CDATA[bank failure]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[global crisis]]></category>
		<category><![CDATA[housing-data]]></category>
		<category><![CDATA[market analysis]]></category>
		<category><![CDATA[psychology]]></category>
		<category><![CDATA[real-estate]]></category>

		<guid isPermaLink="false">http://www.doctorhousingbubble.com/the-world-in-depression-lessons-from-the-great-depression-part-xxiv-economic-crises-around-the-world-in-synchronization/</guid>
		<description><![CDATA[To assume that the worldwide depression in banks and global equity markets started here in the United States dilutes the magnitude of our current predicament.  The interconnectedness of our global markets makes good and bad ideas spread faster, with deeper and more profound implications than say a half century ago.  I have been reading numerous [...]]]></description>
		<wfw:commentRss>http://www.doctorhousingbubble.com/the-world-in-depression-lessons-from-the-great-depression-part-xxiv-economic-crises-around-the-world-in-synchronization/feed/</wfw:commentRss>
		<slash:comments>31</slash:comments>
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